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Start Over Descriptor "independent advice" Topic actions & defenses (law)
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1. Guarantees Given by Spouses as Security for Bank Debts: The Importance of Independent Advice, its Scope and Limitations.

Author

Chew, Charles Y. C.

Subjects
SURETYSHIP & guaranty -- Law & legislation, COLLATERAL security laws, SPOUSES' legal relationship, DEBT laws, ADVICE, BANKING laws, ACTIONS & defenses (Law)
Abstract

The article discusses the legal aspects of guarantees given by spouses as security for bank debts as of 2015, and it mentions the scope and limitations of independent advice in relation to commercial transactions. An undue influence legal doctrine is addressed, along with a special equity rule and the legal rights and obligations of guarantors. Several British and Australian legal cases are assessed, including matters involving financial advice and firms such as the Beneficial Finance Corp.

Published
2015

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