Letters of Credit

A letter of credit is a document issued by a financial institution, or a similar party, assuring payment to a seller of goods and/or services provided certain documents have been presented to the bank.These are documents that prove that the seller has performed the duties under an underlying contract (e.g., sale of goods contract) and the goods (or services) have been supplied as agreed.

Case Study

Asset Based Lending Expert in Underwriting Guidelines

An asset based lending expert with knowledge of underwriting guidelines was needed for a fraud and negligent misrepresentation action.

Case Study

Municipal Bond Market Expert in Municipal Securities

A municipal bond market expert was needed for an injunction against a violation of securities law.