Letters of Credit
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• Clearly presents the controlling law, providing full analysis of the Revised UCC Article 5 and the Uniform Customs and Practice for Documentary Credits (UCP)
• Provides line-by-line expert analysis of a sample letter of credit application form
• Examples and diagrams throughout illustrate the relationships between parties in a transaction
• Reprints relevant primary source, including the complete texts of Revised UCC Article 5, the pre-1995 version of UCC Article 5, the UCP 500 and the Uniform Rules for Bank-to-Bank Reimbursements
• Transactional format plus practice aids speed
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Table of contents
CHAPTER 1 Judicial Proceedings and the Law Applicable to Credits, Guarantees, and Bonds
CHAPTER 2 The Applicant and the Beneficiary
CHAPTER 3 The Applicant and the Issuer
CHAPTER 4 The Issuer and the Beneficiary
CHAPTER 5 Provisional Remedies
CHAPTER 6 Acceptance Financing
CHAPTER 7 Credit Enhancement
CHAPTER 8 Restrictive Trade Practices
CHAPTER 9 Contract Guarantees
CHAPTER 10 Demand Guarantees
CHAPTER 11 Contract Bonds
Appendix A: Sample Forms
Appendix B: U.C.C.--Revised Article 5 (1995)-- Letters of Credit
Appendix C: U.C.C.--Original Article 5 (1962)-- Letters of Credit
Appendix D: UCP 600 Uniform Customs And Practice for Documentary Credits (2007 Revision)
Appendix E: UCP 500 (1993 Revision)
Appendix F: Uniform Rules for Bank-to-Bank Reimbursements Under Documentary Credits
Appendix G: ICC Uniform Rules for Contract Guarantees
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