Authorised guarantee agreements

• Author:
• Christopher Hancock

The recent case of Wallis Fashion Group -v- CGU Life Assurance means that a landlord cannot require a tenant to enter into an agreement to guarantee the liability of his assignee after assignment. The judgment shows just how much the balance of power has shifted between landlord and tenant, writes Christopher Hancock, an associate in the Property Litigation Team at Wragge & Co.The British Property Federation recently described the decision in Wallis Fashion Group -v- CGU Life Assurance Lt... (1329 more words)

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