Limited liability
Series: Estates Gazette ; (0220) 18 May 2002, 220(1)Publication details: 2002Subject(s): Summary: Considers the effectiveness of lease guarantee provisions in cases of involvency. Guarantors generally remain liable following a tenant's insolvency, since the ruling in the case "Hindcastle Ltd v Barbara Attenborough Associates Ltd" (unless the guarantor is released under the terms of the guarantee or a variation). Advises property agents not to inadvertantly include provisions that might restrict the landlord's rights when a tenant is insolvent and on what to consider when claiming from a guarantor.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65535 (Browse shelf(Opens below)) | 1 | Available | 118352-1001 |
Considers the effectiveness of lease guarantee provisions in cases of involvency. Guarantors generally remain liable following a tenant's insolvency, since the ruling in the case "Hindcastle Ltd v Barbara Attenborough Associates Ltd" (unless the guarantor is released under the terms of the guarantee or a variation). Advises property agents not to inadvertantly include provisions that might restrict the landlord's rights when a tenant is insolvent and on what to consider when claiming from a guarantor.