Sentences with phrase «against a guarantor of»

In a recent decision, the Bankruptcy High Court has set aside a statutory demand against a guarantor of a debt of over $ 6 million on numerous grounds including lack of evidence of an assignment of the debt in question, a limitation defence and the contractual interpretation of the guarantee.

The Court of Appeal of Ontario ruled that the lawsuit against the guarantor of the mortgage was governed by the Real Property Limitations Act and was 10 years.

Not exact matches

This could involve placing the company into administration or sequestrating / instigating bankruptcy against a guarantor or individual, and forcing the sale of assets.

He also cautions against an overenthusiastic embrace of the United Nations as the sole guarantor of international peace and security.

The intact family is now acknowledged to be the best guarantor of an individual's happiness and health, society's best hedge against disorder.

Given the looming March 1 deadline for across - the - board sequestration which would reduce State Department operations by $ 850 million and foreign assistance by $ 1.7 billion, the US» chief diplomat used his speech to defend the foreign policy budget against spending cuts, portraying foreign affairs as the guarantor of American economic prosperity.

Now the City of Los Angeles is bringing a suit against the financial guarantors for forcing them to buy unnecessary municipal bond insurance.

We can use the dispossessory procedures not only to regain possession of the commercial premises but to obtain judgment against the defaulting tenant and its guarantors.

Appearing on behalf of creditors in a debt claim against a guarantor, where the guarantor alleged that his signature had been forged.

Arbitrator in LCIA arbitration brought by banks against guarantors to recover in excess of $ 240 million

The guarantor sought to rely on these judgements, which included findings of fraud against Chris» clients, to justify not paying on the guarantees.

Once perfected, statutory demands were presented against both guarantors which resulted in the immediate start of negotiations followed by an instalment settlement of the entire debt, plus interest.

The borrower companies failed to make the payments under the loans, so Investec made demands against the guarantors in respect of the personal guarantees.

The guarantor was held to pay the unlimited liability of the corporation, and the respondent was not required to exhaust recourse against the corporation before being entitled to make a demand under the guarantee.

Wilmington, NC Renters Insurance is the most affordable way to protect the assets and future earnings of both students and guarantors against a world where people are quick to sue over perceived damages.