Payment Obligations: An Update and How They Affect Banks and Other Parties

 

Trade Finance Breakfast Seminar

Pinners Hall, 105-108 Old Broad Street, London
September 8, 2014

Sullivan & Worcester hosted a Trade Finance Breakfast Seminar entitled "Payment Obligations: An Update and How They Affect Banks and Other Parties" on September 8, 2014 at Pinners Hall in London. Geoffrey L. Wynne and Hannah Fearn looked at how recent developments in law, regulation and practice affect various parties’ obligations under letters of credit (documentary and standby), guarantees, insurance policies, bonds, BPOs and other undertakings. They also considered how parties protect themselves from the risks. 

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