Join this session by expert speaker Carter Klein to understand the problems and pitfalls in drafting letters of credit, and how you can avoid them. Get to know the rules and practices that are little understood/misunderstood by applicants and beneficiaries. Understand the difference between letters of credit, bonds, guaranties, collateralizations and other credit enhancement devices, especially in the context of a bankruptcy.
The program will focus on primarily standby letters of credit. However, commercial letters of credit will also be discussed, but not as the major focus. You will get an understanding of the rules that govern standby letters of credit, and the speaker will also provide a checklist of terms that you should consider for letters of credit.
The session will explain how letters of credit are used and explain when their usage might be deemed inappropriate. You will know where you can find forms and consultants and find out the common errors in letters of credit and how you can avoid them.
Who Should Attend
Lawyers that deal with credit enhancements, bankers, corporate finance professionals such as controllers, treasurers and financial officers; governmental employees and agencies that deal with letters of credit, such as municipalities, environmental agencies and Federal Home Loan Banks.
Dear Valued Customers,
We regret to announce that ProEdTech LLC and all its affiliate brands will cease operations on April 1, 2019.
We are no longer able to fulfill online orders. We will fullfill all DVD and book orders already placed.
Thank you for your business and loyalty over the years. We sincerely apologize for any inconvenience caused.
The ProEdTech Team