The Law of Guaranties A Jurisdiction-by-Jurisdiction Guide to U.S. and Canadian Law

The Law of Guaranties is a unique resource for commercial lenders and their lawyers and collects detailed information about the laws of guaranty of all 50 states, the District of Columbia, Puerto Rico, Canada and applicable Federal statutes updated as of late 2012.

This resource contains key cases, statutes, and nuances of the law of guaranty in each jurisdiction and is an essential tool for both transactional lawyers and litigators. Transactional lawyers can use it when drafting or negotiating a guaranty, particularly one that may be governed by the law of a jurisdiction with which the lawyer is not intimately familiar. Litigators will find this book useful in preparing to enforce or escape liability under a guaranty. By organizing the material by jurisdiction, and providing what is in essence a basic law review article about the law in that locality, this book refers users to what they need to know, even if they were unaware they needed to know it.

Practice pointers are contained in each section from notable and experienced practitioners in each jurisdiction and will appeal to commercial law novices and experts alike. Law of Guaranties is the product of a joint task force of the Commercial Finance Committee and the Uniform Commercial Code Committee of the ABA Business Law Section.