Guide to URDG 758
2 likes4,308 views
This guide provides a comprehensive commentary and analysis of the Uniform Rules for Demand Guarantees (URDG) 758. It examines each stage of a guarantee's lifecycle in detail and addresses common myths and pitfalls regarding international guarantee practices. Users will find this guide an indispensable companion to the URDG 758 rules.
Guide to URDG 758
- 1. Users and issuers choosing the URDG 758 for their guarantees and counter-guarantees will find this Guide an indispensable companion. Services Publications Only €149
- 2. Demand guarantees and counter-guarantees are used by banks and businesses, every day in every industry and country, for an infinite range of payment or performance obligations. Users and issuers choosing the URDG The authors, respectively chairmen for their guarantees and counter- of the URDG 758 and the URDG 458 guarantees will find this Guide an drafting groups, debunk the many myths indispensable companion. about international guarantee practice and identify pitfalls to avoid. Further, they With its clear and comprehensive track in detail the seven key stages of a commentary on the rules and the URDG guarantee’s lifecycle: accompanying model forms, this Guide provides the key to a successful Drafting guarantee practice in all sectors and Issuance jurisdictions. In the Guide, the authors have put the essence of their experience Changing of terms in researching, practising and teaching Making a presentation the law and practice of demand guarantees over a period of twenty Examining the presentation years. Making payment They also share their experiences of the Termination of the guarantee and revision process leading to URDG 758, counter-guarantee. revealing the background of each policy choice and drafting decision they took while drafting the rules. Case studies throughout the Guide support and enliven the comprehensive analytical commentary on the rules. Commercial Details: Publication date: June 2011 ICC Publication No. 702E ISBN: 978-92-842-0078-8 Retail Price: 149 Euros Targets: Trade and Structured Finance Officers, Bank Legal and Compliance Officers, Bank Transaction and Payment Processing Departments Exporters, Importers, Lawyers, Academics Language: English Pages: Approx. 550 + index
- 3. Sir Roy Goode, CBE, QC, FBA Emeritus Professor of Law at the University of Oxford and Emeritus Fellow of St. John’s College, Oxford. A retired Queen’s Counsel, he chaired the drafting committee at diplomatic conferences Dr Georges Affaki for four international conventions. Chairman of the URDG 758 Drafting A former Chairman of ICC’s Commission Group. He is a member of the Executive on International Commercial Practice, he Committee and Head of Structured chaired the Drafting Group that finalised Finance at BNP Paribas, CIB Legal. He is ICC’s first Uniform Rules for Demand also Vice-Chairman of the ICC Banking Guarantees 458 and is the author of Commission and Chairman of the Task “Guide to the ICC Uniform Rules for Force on Guarantees. Demand Guarantees”, ICC Pub 510. He is a Fellow of the British Academy and Dr Affaki is Associate Professor of was knighted in 2000 for services to Law at the University of Paris II and academic law. represents ICC at the United Nations Commission on International Trade Law (UNCITRAL) Working Group VI – Secured Transactions. He is the author of several books and articles on international banking, secured lending and arbitration, including “A User’s Handbook to the URDG”, ICC Pub 631. CHAPTER 1: Demand guarantees and counter-guarantees in a nutshell PROLOGUE: The road to URDG CHAPTER 2: The URDG in a nutshell CHAPTER 3: The URDG 758 in operation CHAPTER 4: A commentary on the URDG 758 CHAPTER 5: The URDG in the world APPENDICES: Appendix 1 URDG 758 and Models Forms Appendix 2 The Business Case for the revision of URDG Appendix 3 ICC policy statement on originals Appendix 4 DOCDEX rules
- 4. Services Publications Order Form Please fill in and return by fax (+33 (0)1 49 53 29 02), post (see below) or email (pub@iccwbo.org). Price in € H.T. Pub. No Title without taxes Quantity Total 702E Guide to ICC Uniform Rules for Demand 149€ Guarantees URDG 758 758E ICC Uniform Rules for Demand 30€ Guarantees (URDG 758) 758EF Règles uniformes pour les Garanties 35€ sur Demande (RUGD 758) Subtotal € Postage: add 20% for priority Airmail or 30% for Courier Service € EU customers without intra-community VAT number*: add 5.5% VAT € Total € Please tick here if you need a pro-forma invoice. Payment Options: Please note that all orders must be prepaid. Cheque Bank Transfer (please send copy of bank transfer) Payable to ICC Services HSBC, 103 Av. des Champs Elysées, 75008 Paris, France IBAN: FR76 3005 6007 2807 2836 8014 517 BIC: CCFRFRPP For customers in France, RIB: 30056 00728 07283680145 17 Credit Card Card number Card Type Expiry date Company Contact Person Address City Zip Country Phone/Fax Email Intra-Community VAT No.* Sector of Activity Date Signature *EU customers are requested to provide their Intra-Community VAT An affiliate of the International Chamber of Commerce Number without which 5.5% of the total order value will be added as 38 Cours Albert 1er, 75008 Paris, France VAT. Customer service: N.B. In accordance with the French Act on Data Processing, Data Files Tel +33 (0) 1 49 53 29 56/2889 Fax +33 (0)1 49 53 29 02 and Individual Liberties (Loi informatique et libertés) from 1978, you are free to access and change information you provide at any time. E-mail pub@iccwbo.org Website www.iccbooks.com Simply email pub@iccwbo.org in order to change, update or correct SAS au capital de 305 562 euros. RCS Paris B 313 975 237. your data. N° de TVA intracommunautaire FR 45 313 975 237