Bank Guarantees in International Trade, Third Revised Edition
| Author | : | |
| Rating | : | 4.83 (585 Votes) |
| Asin | : | 9041122435 |
| Format Type | : | paperback |
| Number of Pages | : | 592 Pages |
| Publish Date | : | 2017-06-02 |
| Language | : | English |
DESCRIPTION:
Review of Bank Guarantees in International Trade (R Bertrams) Billy Potsos This book is a godsend for people working in the highly specialized world of independent bank guarantees and standby letters of credit. It has been endorsed by the International Chamber of Commerce (ICC).I have not been able to find another book that even comes close in the wealth of information and detail that this treatise gives on the subject of bank guaran
It serves to broaden the understanding of the law on the subject of bank guarantees, while placing marked emphasis upon the practical issues which can arise in the daily functioning of these legal instruments. Bank Guarantees in International Trade is a comprehensive study of the legal and practical aspects and implications of independent (first demand) guarantees and standby letters of credit. Bank Guarantees in International Trade offers practitioners in international trade and banking law the most complete analysis in the field. Bertrams examines all this material in detail in this incomparable book, now in an updated revised third edition. Bertrams shows that, in all essentials, the American standby letter of credit and the European independent guarantee developed simultaneously and represent, conceptually and legally, the same device. However, developments throughout the 1980s and 1990s and into the new century¿particularly certain initiatives of the International Chamber of Commerce ((URDG) and the American Institute of Inter