Tag: bank guarantees

Russian courts tend to find independent guarantees as quite dependent

Russian courts tend to find independent guarantees as quite dependent

In recent Russian dispute resolution practice, judges incline to consider independent guarantees as not completely independent from the underlying secured obligations. This post offers recommendations for both guarantors and beneficiaries to avoid risks that the judiciary practice twists may entail. The use of independent guarantees The independent guarantee is a surety allowing claiming money from the guarantor […]

By 14 February, 2018 0 Comments Read More →