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Searching Content indexed under Commodities/Derivatives/Stock Exchanges by Celia Gardiner ordered by Published Date Descending.
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Standby Letters Of Credit, Complying Demands And The Fraud Exception – Court Of Appeal Restores Certainty And Commercial Common Sense
In two appeals on the validity of demands under standby letters of credit (SBLCs) and the application of the fraud exception, the Court of Appeal has ruled in each case...
UK
10 Feb 2017
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Recent Cases On Standby Letters Of Credit – Does The Issuing Bank Have To Pay?
Late 2016 saw three English court rulings on whether issuing banks were obliged to pay against what, on their face, appeared to be complying demands under standby letters of credit (SBLCs).
UK
12 Jan 2017
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