Conservatory guarantees and securities are legal levers used to protect creditors against the risk of the debtor of a payment obligation organising his insolvency, pending an enforceable court decision.
These may be personal guarantees such as a personal surety or bank guarantee, or real sureties such as a pledge or mortgage.
The experts in Cornet Vincent Ségurel's Commercial Litigation team advise creditors who are concerned about their debtor's solvency and assist them in their efforts to protect themselves, in particular by taking out guarantees and securities.
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