The Double-Edged Promise: When a Guarantor’s Capped Liability Extends Beyond the Limit
Introduction What determines the true extent of a guarantor’s liability? Is it a simple matter of a stated financial cap, or can the obligation extend further to include costs like default interest and penalties? The legal principles governing this question are not as straightforward as they might appear, and recent judicial pronouncements have offered crucial clarity. At the heart of […]
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