Recensione:
Matti Kurkela has given practitioners, courts, and scholars a fine comparative study. Its heavy annotation of world-wide letter of credit and guarantee law sources with special emphasis on European and U.S. commercial law make it a genuinely unique offering. In this second edition, Kurkela once again emphasizes the law merchant dimensions of these commercial facilities that he calls 'independent offerings'. The scope is broad, the treatment deep. For those serious about letters of credit and bank guarantees, this treatise is a rich resource. (John F. Dolan, Distinguished Professor of Law, Wayne State University)
Letters of credit and bank guarantees are useful as payment mechanisms and financial security in international trade. Kurkela in his book has achieved a very useful and analytical study of these various arrangements and their legal surrounding. This study provides the reader with thorough knowledge of the different arrangements and how they have been treated in different jurisdictions mainly English and American but based on the Practices and Rules which have evolved in international trade law. - Lars Gorton, Professor of International Business Law, Stockholm School of Economics, Department of Law
L'autore:
Matti S. Kurkela, Attorney at Law, Senior Partner, Hannes Snellman (Helsinki); Docent, University of Helsinki Law School. He is a prolific author and has written several reference works and journal articles covering international commercial contracts, banking and finance, antitrust, construction, insurance, securities, and arbitration.
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