A concise statement of those rules of law which are peculiar to bankers' commercial credits. It presents a systematic study of the law including material on the mechanism and operation, types of credit, the legal aspects, and bankers' security
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.
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