Legal Analysis and Case Studies


Author: King Tak Fung

Publisher: PEER Consultancy Limited

Publisher’s URL: http//peer.com.hk
Publisher’s Descriptions

UCP 600 - Legal Analysis and Case Studies is a comprehensive guide for all trade practitioners, Bankers, Lawyers, Shippers and anyone involved in letter of credit and international trade. The present volume examines 99 highly controversial issues that will impact on UCP 600 and international trade. Using a question answer technique, the author has analyzed 55 landmark cases to illustrate the legal principles and the possible pitfalls related to the new UCP.

Best Trade Solution’s Review

Usually a books lists a questions or summary at the end of each chapter. The author made some real difference here. :) Each chapter begins with a set of question each of which is specifically answered in the following discussion.

The most interesting part of this question answer book is that it includes a good number of legal cases studies which will help the reader to understand how a simple issue may not remain so simple at the court room. Mr. Tak Fung has done a great job in summarizing the court cases.

While the name suggests a legal analysis, reader will be disappointed if they expect lots of complicated issues inside it. rather its a collection of both simple and complicated questions which will attract both beginners and experts.

Overall its a great to book to go through.



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Viewer's Recent Comments

  • nayanrshah on 2013-03-27 06:50am
    Do agree with Shahriar. As per UCP 600 sub-article 16 (c) (iii) (b), the issuing bank may not agree with the waiver given by the applicant.

    This article is governed by UCP 600 with a reason to provide control to bank in a situation like - at the time of LC issuance applicant (always) in good financial position and so bank takes exposure on applicant. But later on there is always a chance that applicant becomes defaulterweak in financial terms and he is ready to accept all discrepancies. In this situation definitely issuing bank will reject documents even though applicant has accepted the discrepancies to protect own interest

    Here beneficiary can recover his money through sell his goods to third person as goods are lying at port and original BL has not been parted with.

    Regards
    Nayan Shah
  • shahriar on 2013-03-27 10:39am
    Dear Sir,

    Thank you for your nice comment
  • 3450 on 2015-03-12 06:12pm
    good

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