The Law Reports (Appeal Cases)
[1973] AC 331
[HOUSE OF LORDS]
MOSCHI APPELLANT AND LEP AIR SERVICES LTD. AND OTHERS RESPONDENTS
[On appeal from LEP AIR SERVICES LTD. v. ROLLOSWIN INVESTMENTS LTD.]
1972 Feb. 28,
29,
March 1, 2, 6;
April 26
March 1, 2, 6;
April 26
Lord Reid, Lord Gardiner, Lord Diplock, Lord Simon of Glaisdale and Lord Kilbrandon
Guarantee
— Debt
— Contract for payment by instalments
— Principal debtor's wrongful repudiation of contract
— Acceptance of repudiation by creditors
— Whether guarantor discharged from liability
— Whether creditors' acceptance of repudiation material
332
variation of guarantee
— Whether guarantor liable for instalments payable after acceptance of repudiation