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.

Get answers to all your letters of credit questions from the leading authority!

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

• Cited more than any other letter of credit authority by federal and state courts
• The single reference that combines all major U.S. and relevant international law in this area
• Your reliable source for solutions throughout the entire life cycle of credit

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.

Your subscription includes:

• The Treatise. Written in an easy-to-follow, transactional form that clearly explains the mechanisms that underlie letter of credit activity, The Law of Letters of Credit makes it easy for you to establish, amend, terminate, and manage letters of credit throughout every stage of the credit life-cycle.
• Cutting-Edge Analysis. The treatise provides expert analysis of this complex body of law, and it delivers immediate benefits to parties entering into letter of credit transactions by making you better informed and helping you to better protect your clients.
• Clear and Practical How-to Instructions Based on Real-World Experience. By delivering explanations and in-depth discussions of every facet of letters of credit in commerce and banking, both in international trade and in domestic commercial activity, this treatise provides answers to all your letter of credit questions.
• Table of Cases. Numerous appendices and a Table of Cases put critical, primary source references right at your fingertips, including all the major U.S. cases and many hard-to-find international cases— saving you research time and reducing the chance that you miss something crucial.
• Regular Updates. Updated at least twice a year, this powerful resource will keep you up-to-date with vital changes and new vulnerabilities that arise as the laws evolve, including international laws that are exerting more effect on letters of credit.
• A Leading Authority. 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.

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.

Satisfaction Guaranteed. You will have 30 days to review this product. If you’re not totally satisfied simply return the manual within 30 days of receipt of the product and you will receive a full refund.

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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About John Dolan

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