Top 10 of 960 law firms for Parent Company Guarantees, Company Law

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Parent company guarantees are promises by a parent company to meet another party’s liabilities if a subsidiary defaults. In practice, a solicitor drafts, reviews and negotiates the guarantee, checks its scope, duration and any caps, and considers what happens on insolvency, change of control or restructuring. They also assess enforceability, ensure the guarantee aligns with any underlying loan or credit facility, and advise on risk allocation between parent and subsidiary.

What a solicitor handles in these matters

The guarantee details the extent of the parent’s liability, including caps, triggers and duration, and what steps the lender may take if the subsidiary cannot pay. The solicitor identifies the relationship to underlying facilities, cross-default provisions and any security interests, ensuring enforceability and protecting the parent from unintended exposure.

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4.9 562 Reviews

95%+

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Rachael LathamRichard Bruce

Tagged solicitors Rachael Latham and Richard Bruce

I was incredibly lucky to have Fiona Bruce Solicitors working on my case after another Solicitor I had instructed went into liquidation the day before we were due to exchange contracts. Not only did they take on my case which involved checking all the work completed so far, they worked towards an (almost!) impossible deadline so that we didn’t lose our buyer. Me and my family are eternally grateful to Richard and his wonderful team for what they have done

Review left by Hannah Lewis

4.7 61 Reviews

91%

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92%

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92%

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4.8 113 Reviews

94%

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95%+

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95%

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4.6 166 Reviews

92%

Value for money

92%

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92%

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4.6 29 Reviews

92%

Value for money

90%

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90%

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