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Key Issues to be aware of when enforcing against Personal Guarantors

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United Kingdom

Key Issues to be aware of when enforcing against Personal Guarantors

Finance brief - October 2012

  • Proposed changes to the registration of charges with Companies House
  • Key Issues to be aware of when enforcing against Personal Guarantors
  • Non-UK borrowers and issues of security, COMI, administrators and receivers
  • Can a private banker witness a customer's deed?
  • No faith in the enforceability of agreements to negotiate in good faith

 

The purpose of this briefing paper is to provide an overview of the process where a lender wishes to enforce a personal guarantee against an individual personal guarantor in respect of monies due to a lender, classically under a facility agreement.

Enforcing Against a Personal Guarantor briefing paper >

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