Supreme Court rules that unlimited joint liability guarantors must share debt equally among remaining liable guarantors.
Sintesi Legislator
Generato dall'IAThe Supreme Court ruled that when some guarantors in a joint liability agreement are released due to limitation periods, the remaining guarantors with unlimited liability must share the debt equally. The plaintiff argued for proportional shares based on original contributions, while the defendant contended for equal division among those still liable. The court decided that in the absence of specific allocation terms, equal sharing is the only fair method for unlimited guarantors.
Regesto Legislator
Generato dall'IATakausA 2 § 1 mom; TakausA 2 § 2 mom: When multiple guarantors are jointly liable and some are released from liability, the remaining guarantors with unlimited liability must share the debt equally among themselves.
Parole chiave
Generato dall'IADisposizioni normative citate
Generato dall'IADecisioni correlate
Generato dall'IATesto completo
Kahdeksan henkilöä oli mennyt omavelkaiseen yhteisvastuulliseen takaukseen samasta velasta. Kolme takaajaa oli rajoittanut takausvastuunsa tiettyyn enimmäismäärään. Osa takaajista oli vapautunut takausvastuusta vanhentumisen johdosta. Kysymys rajoittamattomaan takausvastuuseen sitoutuneen takaajan osuuden määräämisestä.
TakausA 2 § 1 mom