personalguarantees

07

Dec

2020

Personal Guarantees and undue influence – Guideline High Court Ruling

Leanne Schneider-Rose's picture

Written by Leanne Schneide...

Signing any legal document must be an exercise of free will and, where such documents are executed under pressure from others, they are often not worth the paper they are written on. That principle lay at the heart of a High Court case in which two...

14

Aug

2020

Never Personally Guarantee corporate debts without professional advice

Leanne Schneider-Rose's picture

Written by Leanne Schneide...

Personally guaranteeing repayment of a company's debts should not be undertaken lightly or without professional advice as it effectively removes you from the shelter of the corporate veil. In a case on point, a prominent businessman who entered into...

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