There was a time when Amex Card business personal guarantees would stand up to scrutiny but in the last four years or so we have seen Amex PG agreements that are at best contradictory and at worse unenforceable as to their clarity. There appears to be little clarity as to who the card is in the name of, and whether a PG or any personal liability actually exists, which although is something we cannot comment upon, might be subject to FCA regulatory issues.
If you have a limited company with an Amex Business Card and you are concerned about being pursued under an alleged PG, do not hesitate to contact us.
