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Lloyd’s TSB Bank v Hayward

23 July 2004

Citation: EWHC 1798 (Ch)

Nature of case: The defendant's guarantees of a football club's indebtedness to the claimant bank were discharged by the effect of the rule in Holme v Brunskill, as there had been a material variation of the terms of the agreement between the bank and the club without the defendant consenting or being consulted. 

Link to Judgment 

Counsel

Veronique Buehrlen KC
Veronique Buehrlen KC