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Documentary Credits: Law and Practice By Christopher Hare Publishing: March 2010 Price: GBP280/ US$504/ S$722
Documentary Credits: Law and Practice is an authoritative text dealing with the law relating to documentary credits in both an English and international context.
This NEW book provides:
• practical information on the law of documentary credits
• a detailed examination of the fundamental concepts of the documentary credit regime including:
- the principle of autonomy
- the doctrine of strict compliance
- the ‘fraud exception’ • critical analysis of the English position by reference to decisions of other jurisdictions
Whilst concentrating on the most common forms of documentary credit governed by the UCP 500 such as letter of credits and standby letters of credit, this book also covers other forms such as demand guarantee bonds. A distinctive feature of this book is its comparative law element. It draws heavily upon the decisions of other jurisdictions (both common law and civil law) to highlight the benefits of alternative solutions to the
ones favoured by the English courts and to consider problem areas identified by other jurisdictions.
Table of Contents:
Chapter 1 – Introduction to documentary credits Chapter 2 – The uniform customs and practices for documentary credits Chapter 3 – Classification of letters of credit
Chapter 4 – Relationship between applicant and beneficiary Chapter 5 – Relationship between applicant and issuing bank Chapter 6 – Relationship between issuing bank and beneficiary
Chapter 7 – The correspondent bank Chapter 8 – The collecting bank and the negotiating bank Chapter 9 – The tender and examination of documents under credit Chapter 10 – The principle of autonomy and its limits
Chapter 11 – Transfer of credits and assignment on proceeds Chapter 12 – The bank’s security Chapter 13 – Default undertakings: standby letters of credit, performance bonds and first demand guarantees
Chapter 14 – The conflict of laws in documentary credit transactions
To reserve a copy or to request for further information, please contact me, quoting reference
SCT1607E.
Best Regards,
Benedict Tan Sales Manager, Asia Pacific Tel: +65 6835 5117 Email: [email protected]
November 2009