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 Selective legal aspects of bank demand guarantees. The main exceptions to the autonomy principle
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Selective legal aspects of bank demand guarantees. The main exceptions to the autonomy principle

автор Michelle K. издательство Книга по Требованию Теория государства и права
Cтраниц 568        мягкая обложка       
Аннотация:In this work consideration has been given to these possible grounds on which payment under these instruments have been attacked in the English, American and South African courts. 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, and if the documents do not correspond to the requirements, it must not pay. In certain circumstances, the autonomy of these instruments may be ignored and regard may be had to the terms and conditions of the underlying contract. The main exceptions concern fraud and illegality in the underlying contract. The prospect of success depends on the law applicable to the instrument and the approach a specific court takes. This work will interest lawyers, bankers and scholars specialising in these instruments. However, over the years a few exceptions to the autonomy principle of these instruments have come to be acknowledged.
Автор: Michelle K.
Издательство: Книга по Требованию
Год:2009
Цена:
3214 руб
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Поиск: Selective legal aspects of bank demand guarantees. The main exceptions to the autonomy principle
НОВЫЙ ГОД СИМВОЛ 2013 ГОДАУКРАШЕНИЯ
КАРНАВАЛ НА НОВЫЙ ГОД РАСПРОДАЖА
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Стандартизация услуг

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