Parent Company Guarantee
"Any demand for payment or indemnity issued by the Client to the Guarantor, unless manifestly wrong, shall be conclusive and binding."
We have approached the legal firm who drafted the document to comment, but they have declared internal conflict, in that commenting on the work previously drafted for one of their clients may present a risk of future conflict.
I don't know the exact legal impact of this and wondered if anyone can help?
a) Should we accept it? If we do what are the implications?
b) If we should not accept this clause, why not? What are the legal / risk arguments for refusing?