‘Bacardi guaranteed or indemnified to breeze through contractual interpretation’

“Once again the court looks at the vexed question of the distinction between a guarantee and an indemnity. The main dispute arose under a cost-sharing agreement and was referred to arbitration. This was the trial of a number preliminary issues about the surety obligations under the agreement. I am going to look just one of those …” (more)

[Robert Steele, Allen and Overy – Compact Contract, 16 June]

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