A letter informing the recipient that it has access to an irrevocable "standby letter of credit". Includes form of sight draft and form of written statement.
An agreement establishing security for a mortgage. Includes provisions regarding mortgage and secured obligations, assignment of rents, grant of security interest, covenants, defaults and remedies, release of lien, and other considerations.
Chart includes the basic principles of compliance, the responsible party, and status, and includes supplemental appendix materials.
When a company starts a new project, the question of financing is an issue. In Germany, a new alternative to the traditional loan process is being tested.
Blockchain technology is based on the idea of creating a decentralized database that may be used to process value transactions. Delegated Proof of Stake (DPos) is a system that can allow users to gain more control over the distribution of bitcoins. Companies in Germany can inform themselves on these systems with the following material.
In most business transactions, lawyers are not involved in determining the ultimate price. However, in some situations, this amount can raise a red flag as it might subject the parties to sanctions. Due consideration must be given in particular to tax (I) and contract (II) law in the European Union.
The emergence of Bitcoin on the financial market has caused some upheaval. Investors and customers have started to use this cryptocurrency as hard currency. See what sort of trends and issues are encountered when using Bitcoin to purchase real estate.
This paper analyses three major banking crises over the past two decades to explain, on the basis of evidence, why restructuring systemic banks’ balance sheets is the most effective approach when bailing-out a banking system in Hong Kong.