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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.
List of contents
Preface. Table of cases. Table of statutes. Bibliography. 1. Bankers' commercial credits - mechanism and operation 2. The types of credit 3. Revocable and irrevocable credits 4. The legal aspects 5. Relationship between buyer and seller 6. Contractual relationships 7. Transmission of the benefit of a credit 8. The tender of documents under a credit 9. The bankers' security 10. The measure of damages for breach of the bankers' undertaking 11. Conflict of laws
About the author
Richard King
Summary
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
