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

 

Trade Finance Breakfast Seminar ─ September 8, 2014
Payment Obligations: An Update and How They Affect Banks and Other Parties

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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