Hampton v Minns [2001] EWHC 555 (Ch) (07 March 2001)

Hampton v Minns [2001] EWHC 555 (Ch) (07 March 2001)

There was no agreement or conduct varying the usual rule of equal contribution between co-sureties. The claimant's conduct did not amount to waiver, forfeiture, or breach of duty sufficient to disentitle him to contribution. The claim was not statute-barred, as the applicable limitation period is six years from payment, and the claim was brought within time. The claimant is entitled to recover one-half of the amount paid under the guarantee from the defendant.

Citation
[2001] EWHC 555 (Ch)
Parties
Claimant: Mr Hampton; Defendant: Mr Minns
Jurisdiction
England and Wales
Judgment Date
07 March 2001
Procedural Posture
Civil Claim for Contribution Between Co Sureties / Judgment After Trial
Outcome
Claim allowed
Legal Topics
Contribution Between Co Sureties, Guarantees, Limitation Periods, Directors' Duties, Company Insolvency

Case Brief

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Parties

Mr Hampton

Claimant

Mr Minns

Defendant

Procedural Posture

Civil Claim for Contribution Between Co Sureties / Judgment After Trial

  1. 1 Whether the defendant is liable to contribute to the claimant for payments made under a joint guarantee to a bank
  2. 2 Whether the usual rule of equal contribution between co-sureties was varied by agreement or conduct
  3. 3 Whether the claimant's conduct disentitles him to contribution (waiver, forfeiture, breach of duty)

Ratio Decidendi

There was no agreement or conduct varying the usual rule of equal contribution between co-sureties. The claimant's conduct did not amount to waiver, forfeiture, or breach of duty sufficient to disentitle him to contribution. The claim was not statute-barred, as the applicable limitation period is six years from payment, and the claim was brought within time. The claimant is entitled to recover one-half of the amount paid under the guarantee from the defendant.

Court Disposition

Claim allowed

Orders

  • Defendant to pay the claimant one-half of the amount paid under the guarantee, being £239,200.18