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
Summary, issues, holding and outcome
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Parties
Mr Hampton
Claimant
Mr Minns
Defendant
Procedural Posture
Civil Claim for Contribution Between Co Sureties / Judgment After Trial
Legal Issues
- 1 Whether the defendant is liable to contribute to the claimant for payments made under a joint guarantee to a bank
- 2 Whether the usual rule of equal contribution between co-sureties was varied by agreement or conduct
- 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
Full Case Text
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