Raiffeisen Zentralbank Osterreich AG -v- Crossseas Shipping Ltd

Stephen Hofmeyr QC
Peter MacDonald Eggers QC

[2000] 3 All ER 274; [2000] 1 All ER (Comm) 76; [2000] 1 WLR 1135; [1999] 1 All ER (Comm) 626

Stephen Hofmeyr QC and Peter MacDonald Eggers acted in this matter involving material alteration to a guarantee; rule in Pigot’s Case

Guarantee – Debt – Surety’s liability – Guarantee of company’s liabilities – Surety resident outside jurisdiction – Unauthorised insertion of company’s name and address as service agent – Whether alteration rendering guarantee void

Date added: December 21st, 2000

Area of Expertise

Banking & finance