Overview

This briefing uses the recent case of Vossloh Aktiengesellschaft v Alpha Trains (UK) Ltd to explore the differences between an indemnity and a guarantee. If a parent company guarantee contains conflicting indemnity and guarantee provisions, this will create uncertainty and could result in costly litigation.

In addition, the briefing provides details on how the courts distinguish between the two provisions and offers tips on how to word guarantees to ensure they are clear and unambiguous. Click 'View Briefing' to read more.