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dc.contributor.authorRodrigo, Thanuja
dc.date.accessioned2019-03-31T23:06:19Z
dc.date.available2019-03-31T23:06:19Z
dc.date.issued2016
dc.identifier.issn0310-1053
dc.identifier.urihttp://hdl.handle.net/10072/100796
dc.description.abstractThis article examines the grounds upon which Australian courts intervene in the enforcement of letters of credit and performance guarantees by granting injunctions. A review of cases indicates that whilst an applicant may raise fraudulent conduct and unconscionable conduct as grounds for interlocutory relief restraining a beneficiary's call under a letter of credit or performance guarantee, an additional reason known as a negative stipulation in the contract may also be available for restraining a beneficiary calling under a performance guarantee. This article concludes with a policy perspective of fraud and unconscionability as established grounds upon which injunctions are granted.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherThomson Lawbook Co
dc.publisher.urihttp://sites.thomsonreuters.com.au/journals/category/australian-business-law-review/
dc.relation.ispartofpagefrom404
dc.relation.ispartofpageto415
dc.relation.ispartofjournalAustralian Business Law Review
dc.relation.ispartofvolume44
dc.subject.fieldofresearchInternational Trade Law
dc.subject.fieldofresearchAccounting, Auditing and Accountability
dc.subject.fieldofresearchLaw
dc.subject.fieldofresearchcode180117
dc.subject.fieldofresearchcode1501
dc.subject.fieldofresearchcode1801
dc.titleInjunctions restraining the enforcement of letters of credit and performance guarantees: The Australian experience
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyArts, Education & Law Group, School of Law
gro.hasfulltextNo Full Text
gro.griffith.authorRodrigo, Thanuja K.


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