The Law of Letters of Credit: Commercial and Standby Credits has been the leading treatise on the subject for over 30 years. In an area with an increasing amount of activity and litigation, the federal and state courts cite this industry standard by John Dolan more than any other authority.
The Law of Letters of Credit guides you through the entire life cycle of credit — including such essential steps as establishing, amending, and terminating the credit and transfers and assignments. It includes all U.S. cases and many hard-to-find international cases, so your research time is significantly reduced.
Written in an easy-to-follow, transactional form that clearly explains the mechanisms that underlie letter of credit activity:
Table of Contents Index Table of Cases Uniform Customs and Practices Highlights of Our Latest Update Preface
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.S. Pratt & Sons), 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.