Letters Of Credit The Law And Current Practice

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Letters of Credit

Author : Lazar Sarna
Publisher : Unknown
Page : 284 pages
File Size : 52,7 Mb
Release : 1986
Category : Banks and banking
ISBN : UIUC:30112021671661

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Letters of Credit by Lazar Sarna Pdf

Standby and Commercial Letters of Credit

Author : Brooke Wunnicke,Paul S. Turner
Publisher : Wolters Kluwer
Page : 1690 pages
File Size : 41,8 Mb
Release : 2000-10-01
Category : Business & Economics
ISBN : 9780735517332

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Standby and Commercial Letters of Credit by Brooke Wunnicke,Paul S. Turner Pdf

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.

The Fraud Rule in the Law of Letters of Credit:A Comparative Study

Author : Xiang Gao
Publisher : Kluwer Law International B.V.
Page : 222 pages
File Size : 52,5 Mb
Release : 2002-01-01
Category : Law
ISBN : 9789041198983

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The Fraud Rule in the Law of Letters of Credit:A Comparative Study by Xiang Gao Pdf

"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.

The Law and Practice of Documentary Letters of Credit

Author : Peter Ellinger,Dora Neo
Publisher : Hart Publishing
Page : 0 pages
File Size : 43,7 Mb
Release : 2010-01-01
Category : Law
ISBN : 1841136735

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The Law and Practice of Documentary Letters of Credit by Peter Ellinger,Dora Neo Pdf

Letters of credit have retained their role as an instrumentality for the financing of foreign trade. An understanding of the law and practice in point is imperative for lawyers advising business people and bank clients, as well as for the banking and trading communities. The book examines the topic on the basis of the common law system, primarily UK law, and adopts an approach that is analytical and not merely descriptive. Letter of credit transactions are, by their nature, international and most nations have adopted the Uniform Customs and Practices ("UCP") originally promulgated by the International Chamber of Commerce (ICC) in 1933 and updated from time to time. Today, the UCP constitutes a code of internationally accepted rules governing letter of credit transactions. The authors have therefore selectively incorporated some comparative discussion, for instance, of the position in the USA and Europe. The book will be an essential work of reference for commercial lawyers in all the major financial centres of Europe, America and Asia.

Letters of Credit

Author : Ebenezer O. I. Adodo
Publisher : Unknown
Page : 350 pages
File Size : 44,7 Mb
Release : 2014
Category : Electronic
ISBN : 0191790710

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Letters of Credit by Ebenezer O. I. Adodo Pdf

This work examines the legal nature and requirements of compliance in letter of credit transactions in Anglo-American jurisdictions, as well as the associated contract choice of law issues.

A Practical Guide to Letters of Credit

Author : Charles E. Aster,Katheryn C. Patterson
Publisher : Unknown
Page : 338 pages
File Size : 50,7 Mb
Release : 1990
Category : Letters of credit
ISBN : UCSD:31822006403901

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A Practical Guide to Letters of Credit by Charles E. Aster,Katheryn C. Patterson Pdf

The Law of Letters of Credit

Author : John F. Dolan
Publisher : Warren Gorham & Lamont
Page : 1046 pages
File Size : 50,7 Mb
Release : 1991
Category : Letters of credit
ISBN : STANFORD:36105043516009

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The Law of Letters of Credit by John F. Dolan Pdf

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.

Letters of Credit

Author : Ebenezer O. I. Adodo
Publisher : Unknown
Page : 128 pages
File Size : 42,8 Mb
Release : 2014
Category : Electronic
ISBN : 0191655600

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Letters of Credit by Ebenezer O. I. Adodo Pdf

Letters of Credit

Author : Lazar Sarna
Publisher : Unknown
Page : 254 pages
File Size : 50,8 Mb
Release : 1986
Category : Letters of credit
ISBN : OCLC:610406781

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Letters of Credit by Lazar Sarna Pdf

International Letter of Credit Law and Practice

Author : James E. Byrne,Ramsey Saleeby,Sean G. Penny
Publisher : Thomson West
Page : 0 pages
File Size : 47,8 Mb
Release : 2009
Category : Commercial law
ISBN : 0314908005

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International Letter of Credit Law and Practice by James E. Byrne,Ramsey Saleeby,Sean G. Penny Pdf

Legal Aspects of Commercial Letters of Credit

Author : Herman Norman Finkelstein
Publisher : Columbia Legal Studies
Page : 428 pages
File Size : 53,5 Mb
Release : 1930
Category : Commercial law
ISBN : UCAL:$B37496

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Legal Aspects of Commercial Letters of Credit by Herman Norman Finkelstein Pdf

Describes the legal aspects of the commercial letter of credit in the light of its actual operation. Topics include the history of the commercial letters of credit, forms of action on letters of credit, conditions in the letter of credit, the relation between the letter of credit and the sales contract, and others.

Letters of Credit

Author : Michael Rowe
Publisher : Unknown
Page : 192 pages
File Size : 52,6 Mb
Release : 1985
Category : Letters of credit
ISBN : UCSD:31822018692640

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Letters of Credit by Michael Rowe Pdf

Letters of Credit

Author : Ebenezer Adodo
Publisher : OUP Oxford
Page : 0 pages
File Size : 48,9 Mb
Release : 2014-01
Category : Law
ISBN : 0199674078

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Letters of Credit by Ebenezer Adodo Pdf

The only book specializing in the much-litigated issues of compliance in letters of credit transactions.

Standby Letters of Credit in International Trade

Author : Ramandeep Kaur Chhina
Publisher : Kluwer Law International B.V.
Page : 256 pages
File Size : 53,5 Mb
Release : 2012-12-01
Category : Law
ISBN : 9789041146243

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Standby Letters of Credit in International Trade by Ramandeep Kaur Chhina Pdf

The question of what constitutes ‘fraud in the transaction’ with respect to international letters of credit varies considerably among jurisdictions. In proving allegations of fraud, it is crucial for the practitioner to know the relevant jurisdiction’s case law, especially if wider defences such as inducement, unconscionable conduct or bad faith must be invoked. In this book, the author argues that, whereas ‘fraud in the documents’ is generally sufficient in cases involving commercial letters of credit, standby letters of credit demand a wider fraud exception. The central issue – how wide that fraud exception should be – is what this book explores in depth.This author compares and critically examines the application of the fraud exception in four major trade jurisdictions – the United States, England, Canada, and Australia. With an overall focus on how each jurisdiction’s fraud tests treat the autonomy of standby letters of credit, she builds her arguments on such relevant sources and concepts as the following: when it can be shown that the beneficiary has ‘no bona fide belief’ in the validity of its claim demand guarantees; international initiatives (ICC Rules and the UN Convention on Independent Guarantee and Standby Letters of Credit); the Sztejn Rule; parameters of the ‘fraud in the transaction’ defence ‘materiality’ standard; prerequisites for injunctive relief; arguing ‘fraud in the formation of the contract’; performance bond cases; applying the ‘breach of good faith’ defence; ‘negative stipulation’ in the underlying contract; and equitable versus statutory/broader notion of unconscionability. The presentation includes detailed summaries and analyses of leading cases in all four jurisdictions. Lawyers and corporate counsel responsible for arguing claims or defences in letter of credit transactions will welcome the way the author's research and insight define the range of options in each case they handle. Academics also will appreciate the systematic way the book frames a complex area of international trade law.