Jersey Judgment

New Guarantee Trust of Jersey Ltd v Brain [1980] JRC 002 (01 January 1980)

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Professional case brief

Research organized from the available case record

Source document

01

Holding and result

The court held that the guarantee was enforceable as it complied with the relevant statutory requirements under Jersey law.

Court disposition

judgment for applicant

Orders

  • Respondent to pay the amount guaranteed to the applicant

02

Material facts

Parties

New Guarantee Trust of Jersey Ltd

Applicant

Brain

Respondent

Amounts and remedies

  • Guaranteed Amount: 0

03

Procedural history

  1. Posture

    Civil / Judgment

04

Questions and positions

Legal issues

Whether the guarantee provided by the respondent is enforceable under Jersey law

Party arguments

Applicant
The applicant contends that the guarantee executed by the respondent is valid and enforceable, seeking recovery under its terms.
Respondent
The respondent argues that the guarantee is not enforceable due to alleged deficiencies in execution or compliance with Jersey law.

05

Court’s reasoning

  1. 01

    Jersey contract law

    A guarantee must comply with statutory requirements to be enforceable.

06

Ratio, limits and disposition

Ratio decidendi

The court held that the guarantee was enforceable as it complied with the relevant statutory requirements under Jersey law.

Court disposition

judgment for applicant

  • Respondent to pay the amount guaranteed to the applicant

Source and reliance status

Official court record

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Judgment reading view

Judgment text

The complete available source text.

Source document

Court record

Judgment

[1980] JRC 002

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Authorities

Authorities used by the court

Cases, legislation, regulations, and constitutional provisions identified in the available record.

Jersey contract law

Legislation

Legislation referenced in the available case record.

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