Practical Law New Zealand - New resource on guarantees and indemnities
Guarantees and indemnities can be a complex area of the law. For example, the distinction between a guarantee and an indemnity can be subtle and not always easy to spot in practice.
Practical Law New Zealand, in collaboration with Buddle Findlay, has published a new practice note on guarantees and indemnities. The new note provides expert guidance on key legal issues relating to guarantees and indemnities, including the distinction between a guarantee and indemnity.
It also covers:
- Contractual issues relating to the formation and validity of guarantees and indemnities.
- Issues relating to the guarantor's liability under a guarantee.
- The rights of guarantors.
- The termination and discharge of guarantees.
- Regulatory issues.
For more information about Practical Law New Zealand, or to discuss a subscription to Practical Law, please contact Abigail Milburn, Practical Law New Zealand Lead.