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

Law firms ranked by client reviews

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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Gracie GossageLeon Flavell

Tagged solicitors Gracie Gossage and Leon Flavell

I needed to transfer the shares of my company to my daughter while retaining control of the business, and they helped me identify the most suitable solution. Their advice was professional, clear, and tailored to my specific needs.

Review left by Paolo Gaiba

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