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- Title
Letters of Credit.
- Authors
Barnes, James G.
- Abstract
The article discusses the Uniform Commercial Code Survey that highlights the most important developments of 2019 dealing with U.S. letters of credit. Topics covered include descriptions of judicial decisions concerning letters of credit during the survey period, the legislative progress in this area, and a discussion of a 2019 decision under Article 5 which dismissed the fraud and other defenses and claims of a New York issuer against similarly situated standby letter of credit beneficiaries.
- Subjects
UNITED States; UNIFORM Commercial Code; LETTERS of credit; LEGAL judgments; COMMERCIAL law; NEGOTIABLE instruments
- Publication
Business Lawyer, 2020, Vol 75, Issue 4, p2679
- ISSN
0007-6899
- Publication type
Article