Lep Air Services Ltd v Rolloswin Investments Ltd

Additional names

Moschi v Lep Air Services Ltd

Subject Matter

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 variation of guarantee — Whether guarantor liable for instalments payable after acceptance of repudiation — Whether joint judgment or several judgments against debtor and guarantor proper

[1971] 1 WLR 934; [1971] 3 All ER 45, CA

[1973] AC 331; [1972] 2 WLR 1175; [1972] 2 All ER 393, HL(E)

Appellate History

Lep Air Services Ltd v Rolloswin Investments Ltd [1971] 1 WLR 934; [1971] 3 All ER 45, CA

Decision of the Court of Appeal affirmed on different grounds

Lep Air Services Ltd v Rolloswin Investments Ltd [1973] AC 331; [1972] 2 WLR 1175; [1972] 2 All ER 393, HL(E)

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