Insolvency in Letter of Credit Transactions—Part I

This article addresses the insolvency of the letter of credit transaction's participants. In this first part of a three-part article, the author discusses the insolvency of the beneficiary of the credit. The second part and third parts of the article, which will be featured in upcoming issues of The Banking Law Journal, will address the insolvency of the issuer and the insolvency of the applicant, respectively

Year of publication:	2015
Authors:	Dolan, John
Publisher:	[2015]: [S.l.] : SSRN
Subject:	Insolvenz \| Insolvency \| Akkreditiv \| Letter of credit \| Bankinsolvenz \| Bank failure

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