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Craythorne v Swinburne

(1807) 14 Ves Jun 160; 33 ER 482
JurisdictionUnited Kingdom
CourtCourt of Chancery (Lord Eldon LC)
Year1807
StatusPersuasive authority

Key Principle

A surety is entitled in equity to the benefit of every security and remedy the creditor holds against the principal debtor (subrogation); contribution between sureties depends on whether they truly stand as co-sureties, which may be shown by extrinsic evidence.

Area of Law

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