Documentary Credits: Law and Practice is an authoritative text dealing with the law relating to documentary credits in both an English and international context. It seeks to set the law out in such a way as to be useful to practitioners who wish to know what the law actually is, but also seeks to critically analyse the English position by reference to decisions of other jurisdictions.
Whilst concentrating on the most common forms of documentary credit governed by the UCP 600, such as letter of credits and standby letter of credit, this book also covers other forms as such as demand guarantee bonds. This book is part of the Lloyd's Commercial Law Library
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 to other jurisdictions
