Expiration clauses in a guaranty are used to limit liability the guarantor can incur. They place a temporal limitation on what would otherwise be a guarantee of unlimited duration. As discussed below, guarantors can still be exposed to liability for continuing or future obligations under the guaranty, even past the date of an expiration clause, where the obligation was incurred prior to the expiration of the guaranty. Louis Dreyfus Energy Corp. v MG Refining and Marketing, Inc. The Court of…
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Best Law Firms® Recognizes Adams Leclair in New Practice Areas
Adams Leclair LLP is proud to be recognized in the 2025 edition of Best Law Firms® for its excellence across multiple practice areas. The rankings are determined through a comprehensive evaluation…
