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Ebenezer Adodo, Lecturer in Law, School of Law, University of Surrey
Dr Ebenezer is Lecturer in Law at the School of Law, University of Surrey. Dr Adodo completed his PhD at the National University of Singapore and has written widely on letters of credit and related topics. His articles have been published in journals such as the Journal of Business Law.
Table of Contents
PART I - SETTING UP A LETTER OF CREDIT TRANSACTION Introduction to Part I 1. Business framework of the credit device 2. Parties' roles in the credit opening process 3. Consequences of failure to issue a conforming credit PART II - PROPER PERFORMANCE UNDER THE OPERATIVE CREDIT Introduction to Part II 4. Presenting documents to draw on the credit 5. Presentee bank's document examination duties 6. Conceptual criteria for identifying conforming documents 7. Requirements for specific modes of documentation 8. Unavailable stipulated document 9. Procedures for handling a non-complying presentation PART III - CONTRACT CHOICE OF LAW ISSUES Introduction to Part III 10. The law applicable to beneficiary's presentation for payment 11. Nominated Bank's Right of Reimbursement