The Guarantor of the Debtor in PJSC "Alfa-Bank” is Free from Liability
10.12.2015
The Guarantor of the Debtor in PJSC "Alfa-Bank” is Free from Liability
Dear clients! We are happy to report the next victory of the LF "Moskalenko & Partners" over the PJSC "Alfa-Bank". Shevchenkivskiy district court of Kyiv has recognized the guarantee be the contract of guarantee terminated, on the basis of increasing responsibility debtor without the consent of the guarantor. Appellate Court of Kyiv upheld the decision of the first instance court. PJSC "Alfa-Bank" in order to insure the continuation of guarantee while increasing per cent rates sent some blanks forms for guarantor's signatures as granting consent for increase surety`s responsibility. We managed to prove courts among others important arguments that none of the above-mentioned forms of increasing responsibility according credit agreement guarantor did not sign. Therefore surety agreement is terminated. Additionally, we want to congratulate our client that the case about recoverables from the surety more than 27 000 US dollars bank is automatically lost because of the termination of the guarantee by legal support of LF "Moskalenko & Partners" .
Dear clients! We are happy to report the next victory of the LF "Moskalenko & Partners" over the PJSC "Alfa-Bank". Shevchenkivskiy district court of Kyiv has recognized the guarantee be the contract of guarantee terminated, on the basis of increasing responsibility debtor without the consent of the guarantor. Appellate Court of Kyiv upheld the decision of the first instance court. PJSC "Alfa-Bank" in order to insure the continuation of guarantee while increasing per cent rates sent some blanks forms for guarantor's signatures as granting consent for increase surety`s responsibility. We managed to prove courts among others important arguments that none of the above-mentioned forms of increasing responsibility according credit agreement guarantor did not sign. Therefore surety agreement is terminated. Additionally, we want to congratulate our client that the case about recoverables from the surety more than 27 000 US dollars bank is automatically lost because of the termination of the guarantee by legal support of LF "Moskalenko & Partners" .
