CE ENERGY DMCC v BASHAR CE ENERGY DMCC v ULTIMATE OIL & GAS DMCC
[2026] Lloyd's Rep. Plus 19
KING’S BENCH DIVISION (COMMERCIAL COURT)
Before Paul Stanley KC, sitting as a Deputy High Court Judge
Contracts – Guarantee – Interpretation – Personal guarantee from owner and chair of debtor – Whether demand guarantee or contract of surety – Existence of payment obligation – Meaning of “day certain irrespective of delivery” – Sale of Goods Act 1979, section 49(2).