Focus on Insolvency: The Importance of Compliance with the Guarantees Acknowledgement Act (Alberta)

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Focus on Insolvency: The Importance of Compliance with the Guarantees Acknowledgement Act (Alberta)

Author(s):

LeGeyt, David, Mann, David

Date: April 30 2008

In Bharwani v. Chengkalath [2007] 2 W.W.R. 368, Justice Romaine of the Alberta Court of Queens Bench refused to allow the legal principle of estoppel to override the protection afforded to individuals when executing a guarantee.

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