Bibby Financial Services Ltd v Magson: Difference between revisions

Bibby Financial Services Ltd v Magson (view source)

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			A magnificent example of the old [[common law]] maxim ''[[Anus matronae parvae malas leges faciunt]]'' — “[[little old ladies]] make bad law”.

	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.		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.