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Philip Carstairs

Senior PSL

London

Philip Carstairs

Senior PSL

London

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A grass maze

Blog Post: 02 August 2021

The difference between suretyship guarantees and demand guarantees

A guarantee is essentially a promise by a third party to ensure that an obligor meets its liabilities to another. There are two main types of guarantee that we meet in finance transactions: suretyship…

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London

Allen & Overy LLP
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London
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Qualifications

Professional

Admitted as solicitor, England and Wales, 1997