Why New York Law and Jurisdiction Offers Advantages for International L/C Transactions

May 2014

By: Michael Evan Avidon and David Rabinowitz

Documentary Credit World

In the May 2014 edition of Documentary Credit World, Michael Evan Avidon and David Rabinowitz explain the advantages of New York law and New York courts in international letter of credit transactions in response to a reader's comment.  They discuss the benefits of New York's well thought out code for letter of credit as compared to English letter of credit law.

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