{"product_id":"pre-order-approx-4-6-business-days-the-law-of-guarantee-4th-edition-volume-1-volume-2-by-kevin-p-mcguinness-9780433539810-zz-89840","title":"*PRE-ORDER, APPROX 4-6 BUSINESS DAYS* The Law of Guarantee 4th Edition Volume 1 + Volume 2 by Kevin P. McGuinness 9780433539810 [ZZ]","description":"\u003cp\u003eHardcover (2 Volumes), Lexis\u003c\/p\u003e\n\u003cp\u003eGuarantees remain among the most common forms of security for commercial transactions in all major economies. Vast sums of money are lent every year solely or primarily on the strength of guarantees. Now fully updated, \u003cem\u003eThe Law of Guarantee, 4th Edition\u003c\/em\u003e by Kevin P. McGuinness covers important changes in the law over the past thirteen years since publication of the 3rd Edition. Anyone dealing with guarantee law in Canada should have this essential guide within reach.\u003c\/p\u003e\n\u003cp\u003eThe new 4th Edition thoroughly examines the five most common forms of contract security: guarantees, indemnities, stand-by letters of credit, documentary letters of credit and bank (demand) guarantees. It summarizes and analyzes leading cases relating to these forms of contract security from across Canada, the United Kingdom, Australia and the United States. It presents a comprehensive statement of both the law and practice relating to each case, answering numerous questions such as:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eWhat are the distinguishing characteristics of each of these types of agreement?\u003c\/li\u003e\n\u003cli\u003eWhat type of protection is afforded to creditors?\u003c\/li\u003e\n\u003cli\u003eWhat liability is assumed by the issuer?\u003c\/li\u003e\n\u003cli\u003eWhat are the rights of a person assuming such an obligation?\u003c\/li\u003e\n\u003cli\u003eWhat defenses are available to a person assuming such an obligation?\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eWhat’s New in This Edition\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eContent expanded into two volumes, adding more than 1,000 new pages of material\u003c\/li\u003e\n\u003cli\u003eOver 55 downloadable forms and precedents, accessible through a special URL found inside the book\u003c\/li\u003e\n\u003cli\u003eNew analysis on guarantee disputes resolved at the summary judgment stage, lenders requiring sureties to obtain independent legal advice, and creditors treating sureties as the main source of repayment after a default\u003c\/li\u003e\n\u003cli\u003eExpanded discussion of start-up failure rates and the risks tied to guarantees in new businesses\u003c\/li\u003e\n\u003cli\u003eGuarantees payable on demand are emphasized as creating ongoing liability, since limitation periods usually begin only when a demand is made\u003c\/li\u003e\n\u003cli\u003ePlaces a stronger focus on connecting legal rules to business realities and explains the practical implications of common guarantee provisions\u003c\/li\u003e\n\u003cli\u003eCovers first demand guarantees in greater detail, with attention to how they severely restrict the defences available to sureties\u003c\/li\u003e\n\u003cli\u003eIntegrates substantial new case law on indemnities and letters of credit while retaining standard forms from earlier editions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eWho Should Read This Book\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eCommercial, banking and finance, debtor\/creditor, and insurance lawyers, and anyone dealing with contracts that involve guarantees and indemnities\u003c\/strong\u003e – the book offers exhaustive coverage of Canadian law as well as extensive coverage of the law across the Commonwealth and in the United States\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eConstruction lawyers\u003c\/strong\u003e – the book offers coverage of the law of surety, given that surety bonds are used quite extensively in Canadian construction law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eJudges\u003c\/strong\u003e – since its first publication, editions of this book have been cited in 350+ reported decisions in Canada, including by every provincial court of appeal and the Supreme Court of Canada, as well as being cited in courts in the UK and Australia\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Scorpio Bookstore","offers":[{"title":"New","offer_id":43573346959419,"sku":"2S2ZND-6330","price":394.95,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0369\/1895\/1995\/files\/1780676094987TH3TTE4LR4G8GVCHRDUY.png?v=1780676135","url":"https:\/\/www.scorpiobookstore.com\/products\/pre-order-approx-4-6-business-days-the-law-of-guarantee-4th-edition-volume-1-volume-2-by-kevin-p-mcguinness-9780433539810-zz-89840","provider":"Scorpio Bookstore","version":"1.0","type":"link"}