Author: Nelson EnonchongPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The Independence Principle of Letters of Credit and Demand Guarantees
Author: Nelson EnonchongThe Principle of Independence of Demand Guarantees and Standby Letters of Credit
Author: Chung-Hsin HsuLetters of Credit and Demand Guarantees: Defences to Payment
Author: Deborah HorowitzPublisher: Oxford University Press
ISBN: 0199588538
Category : Business & Economics
Languages : en
Pages : 273
Book Description
This book is the first to provide an extensive analysis of the range of defences to payment under letters of credit and demand guarantees. It considers the extent to which different defences undermine the abstraction of these instruments. This is a fundamental issue, since letters of credit and demand guarantees are designed to be abstract, or autonomous, from the underlying contract that called for their use. The purpose of that abstraction is to provide certainty of payment, but the various defences diminish that certainty. The book examines the spectrum of defences that are frequently litigated and debated in international practice: fraud in the documents, nullity, fraud affecting deferred payment letters of credit, fraud as no honest belief, unconscionable conduct and illegality. Vitally, the book provides analysis of the relevant judicial decisions and offers clear practical guidance on which defences are most suitable for each instrument. As the instruments are heavily used in international trade, this work is particularly suited to financial and commercial law practitioners who draft agreements, as well as those who advise on disputes concerning these instruments. Accessible and engaging, the book is also relevant for academics and students.
The Independence Principle of Letters of Credit and Demand Guarantees
Author: Nelson EnonchongPublisher: OUP Oxford
ISBN: 9780199239719
Category : Law
Languages : en
Pages : 0
Book Description
The Independence Principle of Letters of Credit and Demand Guarantees offers a comprehensive and authoritative analysis of the principle of independence, a fundamental element of Letters of Credit and Demand Guarantees. It explores the parameters of this principle and the increasing exceptions to it.
The Fraud Rule in the Law of Letters of Credit:A Comparative Study
Author: Xiang GaoPublisher: Kluwer Law International B.V.
ISBN: 9041198989
Category : Law
Languages : en
Pages : 222
Book Description
"Dr. Gao finds the best provisions and practices in respect of the fraud rule in the United States, the United Kingdom, Canada, and Australia, and applies these standards to the reformulation of the fraud rule in the PRC. In the process be surveys the entire field of the fraud rule in the law of letters of credit in its substantive aspects, thus going deeper than mere banking law analyses and revealing, for the benefit of jurists everywhere, the fundamental legal issues that must underlie all sound judicial reasoning in the area. In more practical terms, this approach also allows judges to meet their essential responsibility - that of giving an answer when a case is put before them - with the widest and best possible degree of discernment."--BOOK JACKET.
Bank Guarantees in International Trade
Author: Roeland Irenius Vincent Felix BertramsPublisher:
ISBN:
Category : Banks and banking, International
Languages : en
Pages : 428
Book Description
The Law of Letters of Credit
Author: John F. DolanPublisher: Warren Gorham & Lamont
ISBN:
Category : Business & Economics
Languages : en
Pages : 1048
Book Description
This treatise addresses all standby and commercial letter of credit problems and provides guidance through the case law under UCC Article 5. Establishing, amending, and terminating the letter of credit is discussed in detail.
Bank guarantees in international trade
Author: Roeland I. V. F. BertramsPublisher:
ISBN:
Category :
Languages : en
Pages : 425
Book Description
Standby and Commercial Letters of Credit
Author: Brooke WunnickePublisher: Wolters Kluwer
ISBN: 0735517339
Category : Business & Economics
Languages : en
Pages : 1690
Book Description
Standby and Commercial Letters of Credit, Third Edition alerts you to current developments and discusses the recent UCP600, former UCP500, ISP98, UCC Article 5, and current trade practices and problems. The authors review letter of credit law and practices, helping to resolve concerns of applicants, beneficiaries, and issuers. This essential resource includes: Sample forms and clauses, procedures and checklists Current court cases and extensive Table of Cases What can happen to letters of credit in bankruptcy and insolvency proceedings Fraud and injunction nightmares Cross-reference table UCP600 and UCP500 Strategies for bank reimbursement agreements Standby and Commercial Letters of Credit, Third Edition gives you immediate guidance when you need it most. And it supplies real-world letters of credit situations, with analyses of what was done right and wrong.
Letters of Credit, Demand Guarantees and the Spectrum of Abstraction
Author: Deborah HorowitzPublisher:
ISBN:
Category : Letters of credit
Languages : en
Pages : 774
Book Description