Bibby Financial Services Ltd v Magson: Difference between revisions

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In {{casenote|Bibby Financial Services Ltd|Magson}} [2011] EWHC 2495, Bibby offered an invoice discounting facility to a company and, as security for amounts due to Bibby, two directors of the company gave personal {{t|guarantee}}s and [[Warranty|warranties]] in respect of sums due.
In {{cite|Bibby Financial Services Ltd|Magson|[2011]|EWHC|2495}}, Bibby offered an invoice discounting facility to a company and, as security for amounts due to Bibby, two directors of the company gave personal {{t|guarantee}}s and [[Warranty|warranties]] in respect of sums due.


The company defaulted. Bibby sought to enforce the personal guarantees.
The company defaulted. Bibby sought to enforce the personal guarantees.