Guarantees
Doctrine in Banking & Finance. 4 cases, with the principle each one established. By lanbuk.com.
- Sierra Rutile Ltd v Transcend International Resources Ltd (CIV APP 53 of 2021) [2022] SLCA 16 (7 June 2022)
Sierra Leone — Court of Appeal · 2022
Principle established: A court order requiring a bond to guarantee payment of a judgment debt typically implies a bank guarantee or similar security consistent with commercial and banking practice.
- Sierra Rutile Ltd v Transcend International Resources Ltd (CIV APP 53 of 2021) [2022] SLCA 20 (19 July 2022)
Sierra Leone — Court of Appeal · 2022
Principle established: A court order requiring a bond to guarantee payment of a judgment debt typically implies a bank guarantee or similar security consistent with commercial and banking practice.
- Sierra Rutile v Transcend Int. Resources Ltd (CivApp 53/2021) [2022] SLCA 18 (19 July 2022)
Sierra Leone — Court of Appeal · 2022
Principle established: A court order requiring a bond to guarantee payment of a judgment debt typically implies a bank guarantee or similar security consistent with commercial and banking practice.
- Standard Bank of Malawi v Maone Oil Mills Limited & 5 others (MSCA Civil Appeal 94 of 2018) [2024] MWSC 6 (27 February 2024)
Malawi · 2024
Principle established: A bank may seek to realize its security based on guarantees and indemnities executed by parties in relation to financial accommodations extended to a company.