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Liability for surety for rent

Language: English Series: Times ; 8/7/88 p31Publication details: 1988Subject(s): Summary: In P and A Swift Investments (a firm) v Combined English Stores Group plc HL 7 July 1988 it was held that where a surety guaranteed by covenant that a tenant would pay the rent , in the event of the tenant`s default, the assignee of the reversion on the lease could recover the unpaid rent from the surety.

In P and A Swift Investments (a firm) v Combined English Stores Group plc HL 7 July 1988 it was held that where a surety guaranteed by covenant that a tenant would pay the rent , in the event of the tenant`s default, the assignee of the reversion on the lease could recover the unpaid rent from the surety.