Endorsement of Negotiable Instruments Endorsement is a method of transferring and assigning negotiable instruments by writing a statement accompanied by a signature, or by affixing a signature alone, on the back of the instrument. In commercial law, this...
Credit Insurance and Bank Guarantees One of the most significant concerns facing professionals in industry, commerce, and banking is risk and the methods available to mitigate it. Risk arises whenever there is uncertainty about the outcome of an...
Contractual Conditions Contractual conditions refer to provisions inserted into an agreement under which one or both parties undertake to provide security, to act as a guarantor, or to comply with specific requirements in relation to their obligations. Where...
Mortgage and Maritime Liens in Maritime Law In various legal systems, despite fundamental differences in the scope and application of the concepts of mortgage, lien, and maritime lien, these notions are often treated as though they lack clear...
Bankruptcy in Companies Bankruptcy in companies refers to a situation in which a company loses the ability to pay its debts and becomes subject to judicial supervision, allowing its assets to be administered and distributed among creditors. Two...