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- Title
Letters of Credit.
- Authors
Barnes, James G.; Klein, Carter
- Abstract
The article presents a survey of cases regarding letters of credit (LC) under the Uniform Commercial Code (UCC). Cases covered include lost original LC in Windsor Township v. Tompkins Financial Corp., surety vs. independent undertaking in Shanghai Shipyard Co. Ltd. v. Reignwood International Investment (Group) Co. Ltd., damages in Vanpoy Corp. SRL v. Soleil Chartered Bank and erroneous legal conclusion vs. factual misrepresentation in TC Skyward Aviation U.S. Inc. v. Deutsche Bank AG.
- Subjects
LETTERS of credit; UNIFORM Commercial Code; SURETYSHIP &; guaranty; DAMAGES (Law); MISLEADING financial statements; TOMPKINS Financial Corp.; SHANGHAI Shipyard Co. Ltd.; DEUTSCHE Bank AG
- Publication
Business Lawyer, 2022, Vol 77, Issue 4, p1295
- ISSN
0007-6899
- Publication type
Article