IIG CAPITAL LLC v VAN DER MERWE AND ANOTHER
[2008] Lloyd's Rep. Plus 55
COURT OF APPEAL
Before Lord Justice Waller, Lord Justice Lawrence Collins and Lord Justice Rimer
Guarantee – Whether guarantors entitled to rely upon
defences open to debtor in respect of demand for payment – Construction of
guarantee – Whether guarantors accepting primary or secondary liability –
Whether manifest error in demand for payment.