Adjudicating Letter of Credit-Related Cases
The Provisions define applicable laws where international practices represented by the usual UCP 500 do not cover the disputed LC issue, the legal relationship between the parties to an LC, and the concept of ‘LC fraud’.
Date:
September 2006
Effective: 01 January 2006
Keywords (click to search): [Letter of Credit] [LC] [international sale] [documentary sale] [international trade financing] [UCP 500] [Supreme People’s Court] [judicial interpretation]
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