The Law and Practice of Documentary Letters of Credit

The Law and Practice of Documentary Letters of Credit
Author: Peter Ellinger
Publisher: Hart Publishing
Total Pages: 0
Release: 2010-01-01
Genre: Law
ISBN: 9781841136738

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.

Documentary Credits

Documentary Credits
Author: Raymond Jack
Publisher: MICHIE
Total Pages: 364
Release: 1991-01-01
Genre: Banks and banking, International
ISBN: 9780406165114

Gutteridge and Megrah's Law of Bankers' Commercial Credits

Gutteridge and Megrah's Law of Bankers' Commercial Credits
Author: Richard King
Publisher: Routledge
Total Pages: 478
Release: 2003-09-02
Genre: Reference
ISBN: 1135356947

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.

Documentary Credits

Documentary Credits
Author: Raymond Jack
Publisher: MICHIE
Total Pages: 403
Release: 1993
Genre: Documentary credit
ISBN: 9780406022882

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

The Fraud Rule in the Law of Letters of Credit:A Comparative Study
Author: Xiang Gao
Publisher: Kluwer Law International B.V.
Total Pages: 222
Release: 2002-01-01
Genre: Law
ISBN: 9041198989

"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.

Documentary Credits

Documentary Credits
Author: Ali Malek QC
Publisher: Bloomsbury Professional
Total Pages: 0
Release: 2009-02-28
Genre: Law
ISBN: 9781845923471

An extremely straight forward and no nonsense approach to Documentary Credits - This Book should be on every L/C professional's shelves. Amazon Customer Review of previous edition This practical work offers a lucid and comprehensive account of the workings of documentary credits in the context of English law and under international banking practice as applied in England. Written from the perspective of banking practices as well as the law, the text fully considers the Uniform Customs and Practice for Documentary Credits 600, as well as a full review of the body of case law on the UCPDC 500.

Standby and Commercial Letters of Credit

Standby and Commercial Letters of Credit
Author: Brooke Wunnicke
Publisher: Wolters Kluwer
Total Pages: 1690
Release: 2000-10-01
Genre: Business & Economics
ISBN: 0735517339

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 Law of Letters of Credit

The Law of Letters of Credit
Author: John F. Dolan
Publisher: Warren Gorham & Lamont
Total Pages: 1048
Release: 1991
Genre: Business & Economics
ISBN:

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.

Documentary Credits

Documentary Credits
Author: Christopher Hare
Publisher: Informa Law from Routledge
Total Pages: 0
Release: 2022-10-07
Genre: Documentary credit
ISBN: 9781843114284

Documentary Credits are the most common means by which international sale of goods contracts are financed, and are also one of the most commonly litigated aspects of international contracts. This book provides a thorough and critical analysis of the law relating to documentary credits, and in particular, of the operation of the UCP 500, as well as the law relating to those documentary credits that fall outside the scope of these rules. This book offers a comparative analysis based on key decisions that have been made outside UK jurisdiction. This book is ideal for legal practitioners working within the banking and commercial sectors, as well as academics and those working within the banking sector.