ABSTRACT

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.

chapter 2|8 pages

The Types of Credit

chapter 3|26 pages

The Relationship Between Buyer and Seller

chapter 5|24 pages

Transmission of the Benefit of a Credit

chapter 7|67 pages

Documentary Compliance

chapter 8|20 pages

The Bank’s Security

chapter 9|15 pages

Damages

chapter 10|29 pages

Jurisdiction and Conflict of laws