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The Fraud Rule in the Law of Letters of Credit (Global Trade & Finance Series)

Xiang Gao




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 | #6561437 in Books |  2003-01-21 | Original language:English | PDF # 1 |  9.21 x.56 x6.14l,1.07 | File type: PDF | 208 pages

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Although the letter of credit is essentially an international instrument with an age-old pedigree, a troubling number of serious disputes still founder on national provisions with respect to the fraud rule (or fraud exception). The rule is embodied in several major international agreements, but its adjudication takes place under national statutes in which in the opinion of Judge Xiang Gao of the Supreme People's Court of the People's Republic of China (PRC) a significant...

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