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Post by John Dolan on Aug 24, 2013 4:25:58 GMT 4
Letter of Credit Undertakings and Suretyship Contracts: Did the Fifth Circuit Slip in Express Blower, Inc. v. Earthcare, LLC? John Dolan Wayne State University Law School 2012 Banking Law Journal, Volume 129, Number 4, pp. 291-300, April 2012 Wayne State University Law School Research Paper No. 2013-16 Abstract: Professor Dolan discusses the commercial policies disserved by the characterization of letters of credit contained in a recent decision by the U.S. Court of Appeals for the Fifth Circuit, and the abundant authority that contradicts the Fifth Circuit’s view. papers.ssrn.com/sol3/papers.cfm?abstract_id=2263458
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