Bank Guarantees in International Trade

For decades, this remarkable book e ' now in its updated fourth edition e ' has served practitioners in international trade and banking law as a thorough e -codificatione - of the law and practice of bank guarantees. The new edition has been thoroughly revised, updated and amended in the light of new developments in the law and changing patterns in practice. Bertrams uses case law, arbitral decisions, and legal writing from five European jurisdictions e ' The Netherlands, Germany, France, Belgium, and England e ' to build an analysis of how the practical applications of bank guarantees have established a pattern of law. The new edition takes into account all legal and arbitral decisions and relevant legal writing through 2012 from these countries, as well from other European countries and the United States. Written from a transnational perspective, Bank Guarantees in International Trade can be used in both civil and common law jurisdictions and it has been cited as an authoratitive source of law in several jurisdictions from each system.