The law and practice of documentary letters of credit /
"The book examines the topic on the basis of the common law system, primarily UK law, and adopts an approach that is analytical and not merely descriptive. Letter of credit transactions are, by their nature, international and most nations have adopted the Uniform Customs and Practices ("UC...
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Oxford :
Hart,
2010.
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Table of Contents:
- Documentary credits in practice
- The uniform customs and other sources of law
- The documentary credit clause of the underlying contract
- Contract between applicant and issuing bank
- Issuing bank's and confirming bank's contract with beneficiary
- Autonomy and the fraud exception
- The correspondent bank
- The reimbursing bank
- The beneficiary's bank
- Tender of documents: general principles of documentary compliance
- Compliance with specific documents
- Transfer and assignment of the proceeds of a letter of credit
- Independent guarantees: performance bonds, standby credits and similar undertakings
- The conflict of laws relating to letters of credit
- Documentary credits and the expert witness.