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“It’s Not Personal, It’s Strictly Business”: Personal Guarantees in the Context of Loans

When a personal guarantee is given in respect of a loan and the terms of the loan are later changed, this may cause problems for the lender if it seeks to enforce the guarantee. In the article below, Henry Evans, a solicitor at Gordon Dadds, will explore the law on this, as well as a recent High Court case which has provided welcome clarification.…
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