“UK: Guarantees: The Risks Of Unclear Documents And ‘Entire Agreement’ Clauses”, looks at a judgement where a court found that a company that was owed fees by a director who assured he would pay did not constitute a guarantee. For the guarantee to be enforced, it must be given in writing and signed by the guarantor, and in this case, a formal guarantee made afterwards superseded any previous agreement in accordance with the Entire Agreement clause.
Certain articles within this post were linked and referenced with the permission of Mondaq.com, through our exciting content collaboration with them. To access Mondaq’s large database of articles written by top law firm lawyers from around the world, you must leave our site and create a free account on theirs.