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Selective legal aspects of bank demand guarantees: The main exceptions to the autonomy principle
Selective legal aspects of bank demand guarantees The main exceptions to the autonomy principle
Author: Michelle Kelly-Louw
Demand guarantees/letters of credit are treated as autonomous contracts whose operation will not be interfered with by courts on grounds immaterial to the instrument itself. The idea in the documentary credit/demand guarantee transaction is that if the documents presented are in line with the terms of the instrument the bank has to pay, a...  more »
ISBN-13: 9783639209181
ISBN-10: 3639209184
Publication Date: 11/6/2009
Pages: 568
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Publisher: VDM Verlag
Book Type: Paperback
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