Letters of credit and bank guarantees are the most important financial instruments in international exchange. Matti S. Kurkela, a leading expert in the field, p

A number of practical implications and issues can arise in the daily functioning of independent (first demand) guarantees and standby letters of credit. Bank Gu

This book is the first to provide an extensive analysis of the range of defences to payment under letters of credit and demand guarantees. It considers the exte

The book provides the commercial lawyer with a detailed analysis of the various statutory and contractual requirements relating to the law of guarantees. It als

For decades, this remarkable book – now in its updated fourth edition – has served practitioners in international trade and banking law as a thorough ‘cod