For more than 70 years, ICC's Uniform Customs and Practice for Documentary Credits (UCP) have set the standard for documentary credit usage worldwide. ICC's Banking Commission Opinions, often cited by courts, provides expert interpretation and contains the official analysis of how the rules work in day-to-day practice.
"The problems of documentary compliance are many and subtle. ICC Banking Commission Collected Opinions 1995-2001 gets high marks for bringing together an easily accessible format as well as the Banking Commission's best judgments on many documentary compliance questions. The book will be a major resource for lawyers, bankers, judges, and scholars alike."- John F. Dolan, Professor of Law, Wayne State University
Your Key Reference Source
Collected Opinions, edited by Gary Collyer and Ron Katz, contains more than 300 queries and responses on Uniform Customs and Practice for Documentary Credits (UCP 500 and UCP 400), Uniform Rules for Collections (URC 522), and new Opinions that have never been published in book format. In Addition, these Opinions are fully indexed, organized and cross-referenced to meet your needs
User Friendly Features
- All Opinions are grouped and numbered in the sequence of the UCP Articles to which they refer.
- Each Opinion is dated so you will know when it was decided;
- If an Opinion has been overruled by later Opinion, this is clearly indicated in the text.
In addition, the Collected Opinions contains a useful, consolidated Key Word Index, covering all Opinions and containing more than 200 key words linked directly to the corresponding Opinion. This feature is designed to save you time, and alleviate your search for the appropriate Opinion.
This publication covers seven years of official Opinions of the ICC Banking Commission, while providing you with a unique and comprehensive hardcover reference in the field of documentary credits.