Bank Guarantees in International Trade

Filename: bank-guarantees-in-international-trade.pdf
ISBN: 9789041122438
Release Date: 2004-01-01
Number of pages: 562
Author: Roeland I. V. F. Bertrams
Publisher: Kluwer Law International

Download and read online Bank Guarantees in International Trade in PDF and EPUB For decades, this remarkable book - now in its updated fourth edition - has served practitioners in international trade and banking law as a thorough 'codification' of the law and practice of bank guarantees. The new edition has been thoroughly revised, updated, and amended in the light of new developments in the law and changing patterns in practice. Bertrams uses case law, arbitral decisions, and legal writing from five European jurisdictions - The Netherlands, Germany, France, Belgium, and England - to build an analysis of how the practical applications of bank guarantees have established a pattern of law. The new edition takes into account all legal and arbitral decisions and relevant legal writing through 2012 from these countries, as well from other European countries and the United States. Written from a transnational perspective, Bank Guarantees in International Trade can be used in both civil and common law jurisdictions and it has been cited as an authoritative source of case law in several jurisdictions from each system. With reference throughout to the effect and significance of the Uniform Rules for Demand Guarantees (URDG) of the International Chamber of Commerce, International Standby Practices (ISP), and the UNCITRAL Convention on Independent Guarantees and Stand-by Letters of Credit, the author continuously elucidates the way guarantees function in actual practice and the numerous practical aspects and issues to which they give rise. The analysis covers the following subjects and much else: types of guarantee (tender, performance, maintenance, repayment, retention); payment mechanisms (first demand, third-party documents, arbitral or court decision); risks and negotiations, drafting and clauses; bank guarantees as a financial service, the bank's perspective; direct and indirect guarantees, counter-guarantees; formation, enforceability of expiry dates, assignment and transfer; demand for payment and the rule of strict compliance; fraud and restraining orders; applicable law and jurisdiction; reference to URDG 2010 revision and ISP98 throughout the text. In addition to his thorough coverage of law and legal writing, the author has drawn on intensive contacts with the banking community, construction firms, export credit insurance companies, and local lawyers. His insight into 'the daily life' of the world of independent (first demand) guarantees and the practices, difficulties, and peculiarities in a great number of countries and regions, including the Middle East and North Africa, cannot be matched in any other source. Bank guarantees can present major difficulties, and this book is the lawyer's best guide in any situation likely to arise. As a comprehensive study of the legal and practical aspects of bank guarantees and standby letters of credit, it offers practitioners in international trade law the most complete analysis of banking law in the field. In its wealth of practical detail, it is unlikely to be surpassed.


Bank Guarantees in International Trade

Filename: bank-guarantees-in-international-trade.pdf
ISBN: 9041122575
Release Date: 2013
Number of pages: 612
Author: Roeland F. Bertrams
Publisher:

Download and read online Bank Guarantees in International Trade in PDF and EPUB For decades, this remarkable book now in its updated fourth edition has served practitioners in international trade and banking law as a thorough codification of the law and practice of bank guarantees. The new edition has been thoroughly revised, updated, and amended in the light of new developments in the law and changing patterns in practice. Bertrams uses case law, arbitral decisions, and legal writing from five European jurisdictions The Netherlands, Germany, France, Belgium, and England to build an analysis of how the practical applications of bank guarantees have established a pattern of law. The new edition takes into account all legal and arbitral decisions and relevant legal writing through 2012 from these countries, as well from other European countries and the United States. Written from a transnational perspective, Bank Guarantees in International Trade can be used in both civil and common law jurisdictions and it has been cited as an authoritative source of case law in several jurisdictions from each system. With reference throughout to the effect and significance of the Uniform Rules for Demand Guarantees (URDG) of the International Chamber of Commerce, International Standby Practices (ISP), and the UNCITRAL Convention on Independent Guarantees and Stand-by Letters of Credit, the author continuously elucidates the way guarantees function in actual practice and the numerous practical aspects and issues to which they give rise. The analysis covers the following subjects and much else: types of guarantee (tender, performance, maintenance, repayment, retention); payment mechanisms (first demand, third-party documents, arbitral or court decision); risks and negotiations, drafting and clauses; bank guarantees as a financial service, the bank s perspective; direct and indirect guarantees, counter-guarantees; formation, enforceability of expiry dates, assignment and transfer; demand for payment and the rule of strict compliance; fraud and restraining orders; applicable law and jurisdiction; reference to URDG 2010 revision and ISP98 throughout the text. In addition to his thorough coverage of law and legal writing, the author has drawn on intensive contacts with the banking community, construction firms, export credit insurance companies, and local lawyers. His insight into the daily life of the world of independent (first demand) guarantees and the practices, difficulties, and peculiarities in a great number of countries and regions, including the Middle East and North Africa, cannot be matched in any other source. Bank guarantees can present major difficulties, and this book is the lawyer s best guide in any situation likely to arise. As a comprehensive study of the legal and practical aspects of bank guarantees and standby letters of credit, it offers practitioners in international trade law the most complete analysis of banking law in the field. In its wealth of practical detail, it is unlikely to be surpassed."


Letters of Credit and Bank Guarantees Under International Trade Law

Filename: letters-of-credit-and-bank-guarantees-under-international-trade-law.pdf
ISBN: 0195323165
Release Date: 2008
Number of pages: 501
Author: Matti Kurkela
Publisher: Oxford University Press, USA

Download and read online Letters of Credit and Bank Guarantees Under International Trade Law in PDF and EPUB Rev. ed. of : Letters of credit under international trade law. c1985.


Bank Guarantees in International Trade

Filename: bank-guarantees-in-international-trade.pdf
ISBN: 9065445110
Release Date: 1990
Number of pages: 428
Author: Roeland I. V. F. Bertrams
Publisher: Kluwer Law International

Download and read online Bank Guarantees in International Trade in PDF and EPUB


Finance of International Trade

Filename: finance-of-international-trade.pdf
ISBN: 0750659084
Release Date: 2004
Number of pages: 207
Author: Eric Bishop
Publisher: Butterworth-Heinemann

Download and read online Finance of International Trade in PDF and EPUB Introduction to International Trade Finance covers the complete cycle of international trade and explains the roles of the specialist operators. Introduction to International Trade Finance aims to: *Guide the reader through every phase of typical trade transactions, examining in detail the relationships between the various parties involved and explaining the facilities employed. *Demonstrate the range of banking instruments and techniques available to exporters and importers which enable them to enter into contracts, confident that whichever method of settlement they agree upon can be provided with the minimum of risk. *Provide a firm understanding of when to apply a particular form of finance, what risks are involved and how they can be counteracted Now updated to include the UCP600. *Inspired from the basic entry level training courses that have been developed by major international banks worldwide. *Will enable MSc Finance students, MBA students and those already in the finance profession to gain an understanding of the basic information and principles underlying the topic under discussion *Questions with answers, study topics, practical "real world" examples and text with an extensive bibliography and references ensure learning outcomes can be immediately applied Now updated to include the UCP600.


International Bank and Other Guarantees Handbook

Filename: international-bank-and-other-guarantees-handbook.pdf
ISBN: 9789041131331
Release Date: 2011
Number of pages: 732
Author: Yann Aubin
Publisher: Kluwer Law International

Download and read online International Bank and Other Guarantees Handbook in PDF and EPUB The International Bank and Other Guarantees Handbook provides a practical examination of the laws of 19 countries (and groups of countries) in the Middle East and Africa regions in respect to bank and other guarantees. It also contains, among other things, various guarantees forms. The aim of each country-specific chapter of the Handbook is to provide actionable information designed to guide legal or other practitioners in such jurisdiction. The editors, Mr. Yann Aubin, Mr. Jean-Claude Vecchiatto and Mr. Louis de Longeaux, deal with guarantees in an international context on a daily basis in the course of their respective positions as in-house lawyers of Fortune 500 multinational companies and partner of a multinational law firm. Yann Aubin is the Director of Legal Operations [and Deputy General Counsel] at Schlumberger based in Paris. He is the co-editor of the Export Control Laws and Regulations Handbook. Jean-Claude Vecchiatto is Vice President, Head of Corporate and Project Finance, Legal Affairs at the European Aeronautic Defence and Space Company, EADS, based in France and Germany. Louis de Longeaux is a partner with Orrick, Herrington and Sutcliffe law firm based in China, England, France, Germany, Italy, Japan, Russia, Taipei and USA. The International Bank and Other Guarantees Handbook is invaluable to any international trade professional (lawyer, finance manager, project manager, etc.) or entity with a need to know the specific requirements to be complied within the jurisdiction in question for the efficient use of bank or other related guarantees.


Demand guarantees in international trade

Filename: demand-guarantees-in-international-trade.pdf
ISBN: 0421437707
Release Date: 1993
Number of pages: 292
Author: Anthony Pierce
Publisher:

Download and read online Demand guarantees in international trade in PDF and EPUB Demand Guarantees in International Trade explains in clear, practical terms how a demand guarantee works, the procedure involved in setting up and gaining benefit from it, and the problems which should be avoided.* Precedent documents illustrate the variations to be encountered in international commercial practice adding practicality to the text and illustrating potential drafting pitfalls* There is a thorough explanation of all aspects of demand guarantees, including sub-contracts and joint ventures; costs of issuing guarantees and unfair calling insurance; and the ways in which risks can be controlled


Financing International Trade

Filename: financing-international-trade.pdf
ISBN: 1567206220
Release Date: 2003
Number of pages: 199
Author: James Calvin Baker
Publisher: Greenwood Publishing Group

Download and read online Financing International Trade in PDF and EPUB Presents an in-depth examination of the U.S. international trade finance system.



The Law of Letters of Credit and Bank Guarantees

Filename: the-law-of-letters-of-credit-and-bank-guarantees.pdf
ISBN: 1862872201
Release Date: 2003-01
Number of pages: 312
Author: Agasha Mugasha
Publisher: Federation Press

Download and read online The Law of Letters of Credit and Bank Guarantees in PDF and EPUB The aim of this book is to present the Australian law of letters of credit and bank guarantees. It inexorably presents overseas literature as well because the subject is by nature international and comparative, and Australian courts readily cite overseas literature, particularly from the United States, England and Canada. Hence the book focuses on the available Australian literature and utilizes some limited overseas authorities which make Australian law whole and the book more understandable. - From the Preface


The Handbook of International Trade and Finance

Filename: the-handbook-of-international-trade-and-finance.pdf
ISBN: 9780749463984
Release Date: 2011-12-03
Number of pages: 224
Author: Anders Grath
Publisher: Kogan Page Publishers

Download and read online The Handbook of International Trade and Finance in PDF and EPUB Designed for use by anyone involved in international sales, finance, shipping and administration, The Handbook of International Trade and Finance provides a full explanation of the key areas of international trade - including risk management, international payments and currency management. It is an essential reference source that will help to reduce risks and improve cashflow, identify the most competitive finance alternatives, structure the best payment terms, and minimize finance and transaction costs. Coverage includes: trade risks and risk assessment; methods of payment; currency risk; export credit insurance; trade finance; and terms of payment. Designed for all businesses, regardless of size and business sector, the book also describes the negotiating process from the perspectives of both the buyer and the seller - providing valuable insight into the complete financing process.


The Handbook of International Trade and Finance

Filename: the-handbook-of-international-trade-and-finance.pdf
ISBN: 9780749469559
Release Date: 2013-12-03
Number of pages: 240
Author: Anders Grath
Publisher: Kogan Page Publishers

Download and read online The Handbook of International Trade and Finance in PDF and EPUB International trade, and its financing, is now a key component of many undergraduate and postgraduate qualifications. For anyone involved in international sales, finance, shipping and administration, or for those studying for academic or professional qualifications in international trade, The Handbook of International Trade & Finance offers an extensive and topical explanation of the key finance areas - including risk management, international payments and currency management. This essential reference resource provides the information necessary to help you to reduce risks and improve cash flow, identify the most competitive finance alternatives, structure the best payment terms, and minimize finance and transaction costs. This fully revised and updated 3rd edition also describes the negotiating process from the perspectives of both the buyer and the seller, providing valuable insight into the complete financing process, and covering key topics such as: - trade risks and risk assessment - export credit insurance - methods of payment - trade finance - bonds, guarantees and standby letters of credit - terms of payment - currency risk management The Handbook gives a complete and thorough assessment of all the issues involved in constructing, financing and completing a cross-border transaction and is an indispensable guide for anyone who deals with international trade. It also includes a section on risk management, which plays an increasingly important role in international trade- from currency fluctuations to political risk and natural disasters.



Law of Guarantees

Filename: law-of-guarantees.pdf
ISBN: 9780414044715
Release Date: 2011
Number of pages: 828
Author: Geraldine Mary Andrews
Publisher: Sweet & Maxwell

Download and read online Law of Guarantees in PDF and EPUB The book provides the commercial lawyer with a detailed analysis of the various statutory and contractual requirements relating to the law of guarantees. It also examines the guarantor's liability and right against both creditors and debtors. A thorough knowledge of the law and practice surrounding guarantees is essential for lawyers in all areas of commercial law, given the complex borrowing and finance requirements of modern industry and institutions. This is the 6th edition of the highly successful book on Guarantees by Geraldine Andrews QC and Richard Millett QC. The book is considered the pre-eminent treatise on the subject of guarantees in the UK.


International Trade

Filename: international-trade.pdf
ISBN: 0582277604
Release Date: 1996
Number of pages: 239
Author: C. J. Jepma
Publisher: Addison-Wesley Longman Limited

Download and read online International Trade in PDF and EPUB This problem-oriented, practical reader introduces the main theory of international trade before applying it to real-world business problems. Students are shown how to analyze competition, identify opportunities, develop successful strategies for entering and remaining active in an international market, how to access reliable information, and how to deal with such practical arrangements as international logistics, financing, cultural differences and insurance issues.