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Guarantor`s obligation

Language: English Series: Estates Gazette Case Summaries ; 1994 EGCS 190 (3/12/94)Publication details: 1994Subject(s): Summary: "Xey SA v Abbey Life Assurance Co Ltd" ChD 18 November 1994. The guarantor was entitled to be discharged from his liability to take over the remainder of a lease after the tenant had gone into liquidation on the grounds that the defendant`s solicitor failed to complete within reasonable time.

"Xey SA v Abbey Life Assurance Co Ltd" ChD 18 November 1994. The guarantor was entitled to be discharged from his liability to take over the remainder of a lease after the tenant had gone into liquidation on the grounds that the defendant`s solicitor failed to complete within reasonable time.