Thomas v Nottingham Incorporated Football Club Ltd

Subject Matter

GUARANTEE — Banking account — Overdraft — Guarantor's liability arising on demand — Guarantee binding until discontinuance notice received — Receipt of notice — Account closed — Accrued fixed liability — No demand made on guarantor — Whether guarantor entitled to exoneration by principal debtor

[1972] Ch 596; [1972] 2 WLR 1025

Commentary

Blackstones Civil Practice 2023
Indemnity 29.3

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