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The law of letters of credit has not reached a stage of repose. Each year, courts decide letter of credit cases that demonstrate the growth of the credit as a commercial device and the development of the law to serve that commercial dynamism. -- John Dolan, Esq.
In an area with an increasing amount of activity and litigation, the federal and state courts cite The Law of Letters of Credit: Commercial and Standby Credits more than any other authority. This newly updated Fourth Edition is sure to maintain its status as the leading legal resource in this important area of the law.
Save Time and Reduce Risk with this Thorough and Practical Resource
Given recent changes to the law, attorneys who are drafting letters of credit without this updated treatise might not be sufficiently informed to fully protect their clients' interests. You can track down the current law on every individual aspect of letters of credit--or you can rely on one, completely up-to-date source that keeps you current going forward.
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Because the courts are continuously identifying new vulnerabilities in letters of credit that must be addressed up front in the drafting stage, The Law of Letters of Credit is updated twice per year to help you stay completely current and protect your clients'interest. You simply cannot draft secure letters of credit without knowing how, when and where all of these factors apply—and taking them into account in your own letters of credit.
Order today and see how you can save time and reduce risk with this thorough and practical resource.
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Highlights of Our Latest Update Main Volume Table of Contents Supplement Table of Contents Index Table of Cases Uniform Customs and Practices Uniform Commercial Code Citations
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John Dolan is Distinguished Professor of Law at Wayne State University Law School. He is author of the Law of Letters of Credit – Commercial and Standby Credits, a leading treatise on the subject. He is a member of the Board of Editors for the A. S. Pratt publication, Banking Law Journal. He is also Foreign Contributing Editor of the Banking and Finance Law Review. Professor Dolan has lectured nationally for ALI-ABA, the Practicing Law Institute, and the Banking Law Institute. He held the chair of the American Bar Association Letter of Credit Subcommittee and was an unpaid member of the U.S. State Department Advisory Committee on International Documentation. He was also involved in the redrafting of UCC Article 5 and was an Advisor to the American Law Institute Restatement of Suretyship Project. See all works by Mr. Dolan