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My name is ***** ***** I am a NSW Solicitor. Thank you for your question, and will do my best to assist you with your question. Please understand I am very limited on what I can tell you and that you may have to get more detailed advice.
I am sorry to say but due to the personal guarantees you are liable as though you purchased the material personally. They can sue you and if they are successful they can enforce the judgement against your personal assets. This is what a guarantee is for.
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