Supreme Court dismissed appeal on loan guarantee contract interpretation, ruling against guarantor's defense of lack of knowledge regarding principal's insolvency.

The Supreme Court of Finland dismissed the guarantor's appeal against the lower court's judgment regarding a loan guarantee contract. The guarantor argued they were unaware of the principal debtor's insolvency at the time of signing, while the court found no evidence supporting this claim. Consequently, the court held that the guarantor was bound by the contract terms as they stood at the time of execution.