Letter of Credit Undertakings and Suretyship Contracts: Did the Fifth Circuit Slip in Express Blower, Inc. v. Earthcare, LLC?
Wayne State University Law School
Banking Law Journal, Volume 129, Number 4, pp. 291-300, April 2012
Wayne State University Law School Research Paper No. 2013-16
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.
Number of Pages in PDF File: 13
Date posted: May 12, 2013