The Law of Letters of Credit and Bank Guarantees

Author: Agasha Mugasha

Publisher: Federation Press

ISBN: 9781862872202

Category: Law

Page: 312

View: 6305

The aim of this book is to present the Australian law of letters of credit and bank guarantees. It inexorably presents overseas literature as well because the subject is by nature international and comparative, and Australian courts readily cite overseas literature, particularly from the United States, England and Canada. Hence the book focuses on the available Australian literature and utilizes some limited overseas authorities which make Australian law whole and the book more understandable. - From the Preface

Zahlung und Zahlungssicherung im Außenhandel

Author: Dietmar Ehrlich,Johannes C. D. Zahn,Gregor Haas

Publisher: Walter de Gruyter

ISBN: 3899494679

Category: Law

Page: 598

View: 3800

The new edition of this standard work on payment and payment securities in international trade is equally appealing to the importer and exporter, the banker and attorney dealing with international trade issues as well as relevant organizations and chambers. The UCP 600 (Uniform Customs and Practice for Documentary Credits), which came into effect on 1 July 2007, has been comprehensively incorporated into this new edition. This work offers the user a practice oriented work aid and reference book in one.

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

Author: Xiang Gao

Publisher: Kluwer Law International B.V.

ISBN: 9041198989

Category: Law

Page: 203

View: 2004

"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.

United Nations Commission on International Trade Law Yearbook

Author: United Nations Commission on International Trade Law

Publisher: United Nations Publications

ISBN: 9789211336467

Category: Political Science

Page: 797

View: 3928

The Yearbook covers the Commission's report on its work as well as related documents, studies, reports and notes, and the action thereon by UNCTAD and the General Assembly. It also covers specific subjects such as assignment in receivables financing; electronic commerce; and privately financed infrastructure projects.

Finance of International Trade

Author: Eric Bishop

Publisher: Butterworth-Heinemann

ISBN: 9780750659086

Category: Business & Economics

Page: 207

View: 3544

Everything you need to know about key aspects in corporate finance.

The Law of International Business Transactions

Author: Larry A. DiMatteo

Publisher: South-Western Pub


Category: Law

Page: 527

View: 4422

The text is organized to take the reader from inception through the successfully completed transaction, covering all the relevant risks and topics along the way. Importing and exporting, transport of goods, contractual obligations and law, finance, countertrade, dispute resolution, intellectual property licensing, and electronic commerce are all covered.

International Business Transactions

A Problem-oriented Coursebook

Author: Michael W. Gordon,John A. Spanogle

Publisher: West Group


Category: Law

Page: 1386

View: 4393

A popular, problem-oriented coursebook, International Business Transactions introduces law students to the conduct of business in the world community, with problems on trade, licensing, and investment. Its coverage is wide-ranging: international sales, letters of credit, e-commerce, trade law, the World Trade Organization, the European Union, the North American Free Trade Agreement (NAFTA), customs law, export and import controls, intellectual property and licensing, franchising, foreign investment, international finance, commercial arbitration, and international business litigation. The coursebook provides hard-to-find legal documents and explains issues that corporate clients are likely to face, such as defending against important competition, expanding exports and overseas markets, and foreign corrupt payments.

Standby and Commercial Letters of Credit

Author: Brooke Wunnicke,Paul S. Turner

Publisher: Aspen Publishers


Category: Business & Economics

Page: 400

View: 2532

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.

Doing Business in Mexico - Second Edition

Author: Baker & McKenzie

Publisher: Juris Publishing, Inc.

ISBN: 1578232392

Category: Business law

Page: 650

View: 446

The new edition of this comprehensive treatise and reference guide provides extensive analysis of all major areas of business law and investment in Mexico. Designed for those who are either planning to invest in Mexico or who already have an established presence, Doing Business in Mexico provides a detailed examination of all relevant legislation and practice in Mexico and closely examines key issues and potential pitfalls involved in all areas of business and investment. Recent trade liberalization has not only led to substantial increases in import and export activities in Mexico, but has also brought about major changes and added complexity to Mexico's foreign trade, tax, intellectual property, environmental and customs laws, and conflicts of law, in addition to legal certainty for capital investors within the country. Doing Business in Mexico's authors, through years of practice and scrutiny of the business, legal and regulatory environments, have learned to interpret the policy law conundrum that typically frustrates multinationals and to anticipate developments that might affect the way people do business in Mexico.

Gutteridge and Megrah's Law of Bankers' Commercial Credits

Author: Richard King

Publisher: Routledge

ISBN: 1135356947

Category: Reference

Page: 464

View: 2556

Presents a systematic study of the law of bankers' commercial credits. Bringing together materials which are to be found scattered throughout the various series of English law reports, this title presents a systematic study of the law relating to commercial credits as applied today. It also contains a detailed exposition of the ICC's Uniform Customs and Practice for Documentary Credits. Contents * Provides information on the mechanism, operation and types of credits * Analyses in detail the contractual relationships arising out of issue of credits; the law and practice in relation to transfer of credits; jurisdiction and conflict of laws, etc. * Details the ICC's Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits and the ICC's International Standby Practices, ISP98 * Assesses the impact of the Rome Convention and the Brussels and Lugano Conventions in relation to applicable law and jurisdiction.


Author: United Nations Commission on International Trade Law

Publisher: N.A


Category: Civil law

Page: N.A

View: 9101

Bank Guarantees in International Trade

The Law and Practice of Independent (first Demand) Guarantees and Standby Letters of Credit in Civil Law and Common Law Jurisdictions

Author: Roeland F. Bertrams,Roeland I. V. F. Bertrams

Publisher: N.A

ISBN: 9789041122575

Category: Business & Economics

Page: 612

View: 3641

For decades, this remarkable book now in its updated fourth edition has served practitioners in international trade and banking law as a thorough codification of the law and practice of bank guarantees. The new edition has been thoroughly revised, updated, and amended in the light of new developments in the law and changing patterns in practice. Bertrams uses case law, arbitral decisions, and legal writing from five European jurisdictions The Netherlands, Germany, France, Belgium, and England to build an analysis of how the practical applications of bank guarantees have established a pattern of law. The new edition takes into account all legal and arbitral decisions and relevant legal writing through 2012 from these countries, as well from other European countries and the United States. Written from a transnational perspective, Bank Guarantees in International Trade can be used in both civil and common law jurisdictions and it has been cited as an authoritative source of case law in several jurisdictions from each system. With reference throughout to the effect and significance of the Uniform Rules for Demand Guarantees (URDG) of the International Chamber of Commerce, International Standby Practices (ISP), and the UNCITRAL Convention on Independent Guarantees and Stand-by Letters of Credit, the author continuously elucidates the way guarantees function in actual practice and the numerous practical aspects and issues to which they give rise. The analysis covers the following subjects and much else: types of guarantee (tender, performance, maintenance, repayment, retention); payment mechanisms (first demand, third-party documents, arbitral or court decision); risks and negotiations, drafting and clauses; bank guarantees as a financial service, the bank s perspective; direct and indirect guarantees, counter-guarantees; formation, enforceability of expiry dates, assignment and transfer; demand for payment and the rule of strict compliance; fraud and restraining orders; applicable law and jurisdiction; reference to URDG 2010 revision and ISP98 throughout the text. In addition to his thorough coverage of law and legal writing, the author has drawn on intensive contacts with the banking community, construction firms, export credit insurance companies, and local lawyers. His insight into the daily life of the world of independent (first demand) guarantees and the practices, difficulties, and peculiarities in a great number of countries and regions, including the Middle East and North Africa, cannot be matched in any other source. Bank guarantees can present major difficulties, and this book is the lawyer s best guide in any situation likely to arise. As a comprehensive study of the legal and practical aspects of bank guarantees and standby letters of credit, it offers practitioners in international trade law the most complete analysis of banking law in the field. In its wealth of practical detail, it is unlikely to be surpassed."