Demand guarantees: the consideration dilemma

JIBFL_2015_Vol30_Issue6_FRONT COVERIn this month’s Butterworth’s Journal of International Banking and Financial Law, Jonathan Clarke, a partner in Slaughter & May's Dispute Resolution Group; and Alex Shattock and Sayra Tekin (associates in the firm's Dispute Resolution Group), examine the problem of consideration for demand guarantees and how courts may decide the issue.

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