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Recorded Webinars

Recorded Webinar: Mastering the Art of Drafting Commercial Guarantees

Guarantees are an important risk management tool in commercial arrangements for protecting a party, often a lender, from the default of the other party, through the presence of a third-party guarantor. Drafting valid and effective guarantee documents or clauses can be a tricky tas
PRESENTED BY Hugh Smith Senior Associate - Chamberlains Law Firm , Canberra

Date/Time

About the Webinar

Guarantees are an important risk management tool in commercial arrangements for protecting a party, often a lender, from the default of the other party, through the presence of a third-party guarantor. Drafting valid and effective guarantee documents or clauses can be a tricky task. This session gives a step-by-step guide, including:

  • Why have a guarantee? How does it differ from an indemnity?
  • What obligations can be the subject of a guarantee?
  • Selecting a guarantor – due diligence requirements and security considerations
  • Do guarantees have to be in writing?
  • The advantages of using a deed
  • Defining the scope and nature of the guarantee
  • Setting limits on obligations and mechanisms in the event of future changes
  • Length of arrangement, notices and releases
  • Execution requirements
  • Common problems with guarantees and how to avoid them.

Presented By

Hugh Smith
Senior Associate, Chamberlains Law Firm Canberra, ACT

Hugh is a Senior Associate at Chamberlains Law Firm which has ranked in the top 10 fasting growing firms at the Australasia Law Awards of two occasions in the last 7 years. Hugh specializes in commercial drafting and corporate disputes and practices mainly in the Federal Court and the Federal Circuit and Family Court.

Hugh has risen through the ranks of Chamberlains, from a junior lawyer to Senior Associate with accolades over the last 6 years for his drafting and advocacy skills.

Hugh is also known either affectionately or otherwise as a “tik tok” lawyer, having a legal tik tok page called Hugh’s Hunch where he engages with both solicitors (junior and senior) and members of the public.

Who Should Attend?

This webinar is suitable for lawyers practising in commercial law – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Lawyers can claim up to 1 CPD unit/point – substantive law. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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