UCP600 for Lawyers
Institute of International Banking Law & Practice, March 2007, Minutes: 240
A comprehensive seminar conducted by the Institute of International Banking Law & Practice specifically structured to address the needs and interests of legal professionals, this 4-hour programme trains lawyers in how to operate and advise their clients in accordance with the UCP600 governing letters of credit. A powerpoint presentation with audio analysis from leading experts, UCP600 for Lawyers covers the concepts, terms, and expressions of the rules, including the articles that were condensed and those that were expanded in the shift from the previous set of rules to UCP600.
With this programme, lawyers can gain firm understanding of the implications of the rules' provisions, address situations created by UCP600, and further their ability to offer clients expert advice. The presenters, Professor James E. Byrne, James G. Barnes, and Vincent Maulella, are three of the leading experts in the world in the field of letter of credit law and practice.
Session 1 -- General Provisions (UCP600 Articles 1-8 and 34)
1) Introduction & Scope of UCP600
2) Independence
3) Presentation
4) Issuer & Confirmer Obligations (and Related Difficulties)
5) Interpretations
Session 2 -- UCP600 Articles 9-33 and 35-39
1) Advising Bank
2) Amendments
3) Nomination
4) Compliance & Refusal
5) Originals
6) Specific Documents
7) Disclaimers
8) Transfer & Assignment
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