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Estoppel › Loans

A&O Shearman

Recitals give rise to contractual estoppel

A&O Shearman on

The High Court has held that the recitals to an intercreditor agreement estopped a party from challenging the validity of the other lender’s security....more

Patton Sullivan Brodehl LLP

Loan Guaranties: Statutory and Legal Defenses Can Be Waived, But What About Equitable Defenses?

Patton Sullivan Brodehl LLP on

Guarantors of loans occupy a vulnerable position under California law. While direct borrowers often benefit from California’s robust statutory anti-deficiency framework, those protections are often unavailable for...more

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