Blog Bite: What is required for a guarantee to be enforced?

January 04, 2007

This article posted on our partner site 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enforced, it must be given in writing and signed by the guarantor, and in this case, a formal guarantee made afterwards superseded any previous agreement in accordance with the Entire Agreement clause.

This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!

Entire Agreement

Written by Alina.