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.
* 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.
'This is an important and authoritative contribution … A study of this book will amply repay all who are interested in the subject, whether from a legal, banking, or academic point of view.' - Journal of the Institute of Bankers
'An admirable and authoritative contribution to the field of the law and banking practice, on which there is all too little of the printed word available … it is commended to those who would enlarge their knowledge of this field.' - The Banker's Magazine