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Author Bertrams, R. I. V. F. (Roeland I. V. F.)
Title Bank guarantees in international trade : the law and practice of independent (first demand) guarantees and standby letters of credit in civil law and common law jurisdictions / Roeland F. Bertrams.
Publication Info. The Hague, The Netherlands : Kluwer Law International ; [2013]
Edition Fourth revised edition.
Location Call No. Status Notes
 Law Library  K 1098 .B47 2013    CHECKED IN
Description xxxiii, 612 pages : illustrations ; 25 cm.
Series ICC publication ; no 975E.
Bibliography Includes bibliographical references (pages 587-599) and index.
Contents Introduction -- Overview -- Types of guarantee -- Conditions of payment (payment mechanism) -- Legal nature -- Parties to the underlying relationship -- Role and position of the bank -- Drafting and clauses -- Relationship between applicant, first instructing bank, second issuing bank : introduction and structure -- Relationship between applicant and bank : direct guarantee -- Relationship applicant, first instructing bank, second issuing bank. Indirect guarantee. Counter-guarantee -- Other aspects of the bank guarantee -- The demand for payment -- The concept of fraud -- Fraud and the position of the bank : bank's liability in 'after-payment' cases -- Fraud and restraining orders -- Conservatory attachment and the UK freezing (Mareva) injunction -- Jurisdiction, applicable law and recognition of foreign judgments -- Bank guarantees and construction contracts.
Subject Banking law.
Suretyship and guaranty.
Letters of credit.
ISBN 9789041122575 (Kluwer : hbk. : alk. paper)
9041122575 (Kluwer : hbk. : alk. paper)
9789284201853 (ICC)
9284201853 (ICC)
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