Beware of the Fine Print when a Trust gives a Guarantee!
We recently dealt with a guarantee that was being given by our client’s in their capacity as trustees of a discretionary trust. There is a small clause in the guarantee that makes them personally liable under the guarantee, not just the trust: “You declare that you are not signing this guarantee and indemnity as a […]
Lending Money
I got some instructions from an old client that I had to sue a couple of years ago to recover some fees. Her father wishes to lend money for 6 months to a heavily geared individual at a rather high interest rate due to the risk involved. We are being instructed to prepare: A loan […]