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Re: biosectinvestor post# 375386

Saturday, 05/08/2021 12:25:36 PM

Saturday, May 08, 2021 12:25:36 PM

Post# of 827890
True, nobody wants to personally guaranty another entity’s debt. Most of my work with clients is non-recourse, but guaranties do enter the picture from time to time.

The other problem that occurred to me with guarantying debt for a public company is the question of adequate consideration, which could provide a defense for a non-honoring of a guaranty.
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