Understanding Personal Guarantees
About this Webinar
Personal guarantees are a common feature of business lending, trade credit applications, and commercial contracts, but many business owners and guarantors do not fully understand the risks involved until problems arise.
Join us for this practical webinar as we explore how personal guarantees work, when they can be enforced, and the key legal and commercial issues creditors and guarantors should be aware of. We will discuss common guarantee structures, limitations and defences and the impact of insolvency amongst others.
Whether you are a credit professional, business owner, lender, accountant, or advisor, this session will provide valuable insights into managing risk and navigating personal guarantees with greater confidence.
Key topics include:
- What is a personal guarantee and when is it used?
- Drafting and enforceability considerations
- Unlimited vs limited guarantees
- Common challenges and defences raised by guarantors
- Insolvency, bankruptcy, and recovery implications
- Practical lessons from real examples
This webinar is designed for professionals seeking a stronger understanding of personal guarantees within the New Zealand legal and commercial framework.
About the Speaker
Jono Cole is the President of NZCFI and current Partner at AWS Legal. Jono specialises in Commercial and Dispute Resolution, advising on business structures, acquisitions, and corporate governance. He has extensive experience in insolvency, medico-legal issues, and debt recovery.
