Supreme Court

Decision Information

Canadian Imperial Bank of Commerce v Carmichael

Court Supreme Court
Date 1980-04-29
File numbers 4290
Judge(s) Tallis
Location Inuvik
Cases and statutes considered Cases considered:
Bank of Montreal v. Hawrish (1969) S.C.R. 515; affirmed 61 W.W.R. 16
Gerald G. Bauer v. The Bank of Montreal
Decision information:

Abstract: Action for enforcement of personal guarantees of Directors. Determination of extent of liability and validity of documents not executed under corporate seal.
Decision: Court finding Defendants liable on Gaurantee. Bank could not collection more than was owing at date of judgment.
Subjects: Guarantee and indemnity - Guarantee - Nature and extent of liability
Banking - Institutions - Directors and officers - Duties and liability
Keywords: Guarantee - liability - seal

Decision Content

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