n Without Prejudice - The impact of s45 on enforceability of guarantees : company law
|Article Title||The impact of s45 on enforceability of guarantees : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Feb 2014|
|Pages||62 - 63|
The lender to a financing transaction often requires, as security for a loan that the shareholders of the borrowing company issue, guarantees in favour of the lender in terms of which the shareholders bind themselves as guarantors for the debt.
Article metrics loading...