Claimant’s application for Summary Judgment against the Defendant (Richmond) in respect of sums alleged to be due under a Deed of Guarantee, asking whether or not the Deed constitutes an ‘on-demand guarantee’, payable on the certification of sums due by the Owners, or whether, before liability arises under the Deed, the Owners must establish the liability of the party guaranteed the Bareboat Charterers under a Barecon 2001 Charter with the Owners.
Judges:
Sir Jeremy Cooke
Citations:
[2016] EWHC 2957 (Comm)
Links:
Jurisdiction:
England and Wales
Transport
Updated: 28 January 2022; Ref: scu.573351