US UCC Article 5’s Non-Variable Provisions
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
Part 1 Executive Summary of IIBLP's Americas Annual LC Survey in 2023
The historical challenges of suretyship in English law, emphasizing the need for modernizing guarantee forms. Recent cases, like Shanghai Shipyard, underscore the importance of clarity.
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?
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