Shanghai Shipyard v. Reignwood

2023 Americas Annual LC Survey • Executive Summary (Part 1)
Part 1 Executive Summary of IIBLP's Americas Annual LC Survey in 2023

Shanghai Shipyard, What Now for the English Guarantee?
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.
Independent vs. Accessory Guarantees – a Tale of Two Cases: Shanghai Shipyard and Bank Audi
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
England’s Vexing Guarantee Legacy: Can Better be Done?
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?