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Financing Bank Liable For Demurrage As Intermediate Holder Of Bills Of Lading
The new switch bill incorporated the charterparty arbitration clause.
UK
25 Oct 2018
2
Letters Of Credit – Strict Compliance And The Use Of Banking "Shorthand"
A fundamental principle underlining the use of a letter of credit as a means of payment security is that the documents presented under the LC must strictly comply with the requirements of the LC in order for the issuing bank to make payment.
UK
25 Sep 2013
3
Does A Dishonouring LC Bank Have Title To Sue Under An Indorsed Bill Of Lading?
On one level, this case concerns a technical issue in relation to the application of s.5(2)(b) of the Carriage of Goods by Sea Act 1992 ("COGSA 1992"), in particular, the circumstances in which "a person with possession of the bill as a result of the completion, by delivery of the bill, of any indorsement of the bill" has title to sue under a bill of lading.
UK
18 Sep 2013
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