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Sub-caution: no warning duty for the principal surety

Summary by EUROJURIS - Simplifiez-Vous Le Droit
Cass. com., 2 April 2025, No. 23-22.311 Can one blame a professional surety for not warning his unwarranted underpayment against the risks of the guaranteed loan? The Commercial Chamber of the Court of Cassation replied in the negative. A chain of guarantees... and responsibilities? The case brought against a private individual, Mr. [F], Kronenburg. In 2012, Kronenburg was surety with the ICC East to guarantee a loan granted to Capeve 2. Mr. [F]…
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EUROJURIS - Simplifiez-vous le droit broke the news in on Friday, April 18, 2025.
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