Selective legal aspects of bank demand guarantees

Selective legal aspects of bank demand guarantees

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Bank demand guarantees have become an established part of international trade. Demand guarantees, standby letters of credit and commercial letters of credit are all treated as autonomous contracts whose operation will not be interfered with by courts on grounds immaterial to the guarantee or cred...

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Bibliographic Details
Main Author: Kelly-Louw, Michelle
Other Authors: Pretorius, J.T.
Format: Others
Language:en
Published: 2009
Subjects:
Uniform Commercial Code (UCC)
United Nations Commission on International Trade Law's Convention on Independent Guarantees and Stand-by Letters of Credit (UNCITRAL Convention)
UCP 600
UCP 500
Standby letter of credit
Preliminary injunction
Performance guarantee
Performance bond
Mareva injunction
Letter of credit
Irrevocable letter of credit
International Standby Practices (ISP98)
International Chamber of Commerce (ICC)
Interlocutory injunction
Interdict
Interim interdict
Injunction
Independent guarantee
Independence principle
Illegality in the underlying contract
Illegality
ICC Uniform Rules for Demand Guarantees (URDG)
ICC Uniform Rules for Contract Guarantees (URCG)
ICC Uniform Customs and Practice for Documentary Credits (UCP)
Freezing injunction
Fraud
Documentary credit
Doctrine of strict compliance
Demand guarantee
Bank guarantee
Autonomy principle
Article 5 of the American Uniform Commercial Code (UCC)
Anti-dissipation interdict
Against good morals or public policy
346.74
Suretyship and guaranty
Letters of credit
Online Access:Kelly-Louw, Michelle (2009) Selective legal aspects of bank demand guarantees, University of South Africa, Pretoria, <http://hdl.handle.net/10500/1350>
http://hdl.handle.net/10500/1350

Internet

Kelly-Louw, Michelle (2009) Selective legal aspects of bank demand guarantees, University of South Africa, Pretoria, <http://hdl.handle.net/10500/1350>
http://hdl.handle.net/10500/1350

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