INTELIGENT LEGAL SOLUTIONS

LAW FIRM

Through our experience we help our clients solve their legal issues. We have been engaged in legal services since 2005. We provide legal assistance for business and individual clients. We advice non profit organisations and public entities. We support clients in their everyday business activity and in private matters, as well as in litigation if there is such need. We handle cases professionally with diligence and attention. Our knowledge and experience enable us to build trust with clients. We are located in Kraków however we operate in the whole of Poland and represent clients from abroad as well.

dr Daniel Dulęba
attorney at law
radca prawny

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LIABILITY OF THE GUARANTOR BY AVAL OF A BILL OF EXCHANGE

LIABILITY OF THE GUARANTOR BY AVAL OF A BILL OF EXCHANGE

Despite the fact that the same term was used under the Polish law (i.e. „poręczenie”) an aval is a separate institution from civil suretyship. Therefore unfortunately even some lawyers who do not deal with law on bills of exchange may be misled. An aval is a collateral securing receivable like civil suretyship however the rules under which a giver of an aval is liable are different and more strict. No wonder that aval is willingly applied in debtor creditor relations thus putting the creditor in a stronger position.

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