Notable Chinese Supreme People's Court Cases Involving Application of ISBP
Letter of credit cases can reveal a great deal about how the industry's practice rules and standards are viewed and interpreted by the courts.
Australia and New Zealand Banking Group Ltd. Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2023]
Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor
Re-Examining the Humei Case and ICC Opinion TA936: Chinese Court Standards for Document Examination under Letters of Credit
This in-depth discussion between two leading figures in the study of LC law & practice is based on an online lecture on 25 February 2024. In their remarks, Saibo JIN and SOH Chee Seng talk about the "thinking" and different methods of analysis adopted by international banking experts.
Letter Of Credit Court Cases Under Chinese Bankruptcy Law And Procedures: A Review And Analysis
Explores the legal intricacies of letters of credit in bankruptcy through notable Chinese court cases, highlighting the risks banks face and the importance of collateral in LC transactions.
MLETR Capacity Building
Asian Development Bank and partners organized an event in Beijing advocating for MLETR adoption in China, addressing challenges posed by fragmented legislation, and highlighting rapid growth in electronic transactions.
Understanding and Application of the Right of Recourse Under the PRC Supreme People’s Court’s Guarantee Rules
Exploring the guarantor's right of recourse, analyzing legal concepts, international banking practices, and banking structures in China. Specifically guarantees and counter guarantees.
Judicial Remedies for Guarantee Fraud and Abusive Demands on Independent Guarantees Under PRC Law
In-depth look into use of independent guarantees in China's international trade, addressing risks like fraudulent calls and abuses.