International financial transactions law (6 points)
(LAW)
Leader: Dr Emmanuel Laryea
Offered:
City First semester 2004 (Off-campus)
City First semester 2005 (On-campus)
Synopsis:
Objectives: On completion of this subject, students should (1) be able to advise clients on the Australian law and practice and the international agreements and model rules governing (a) the use of negotiable instruments, documentary collections and commercial letters of credit in financing international trade; (b) standby letters of credit, independent guarantees and performance bonds and (c) domestic and international electronic funds transfers and apply these legal rules of solve problems arising in these transactions; (2) be able to identify which jurisdiction's law governs the various aspects of documentary collections, letters of credit and international funds transfer transcations; (3) have a familiarity with (a) the conflicts of law issues that arise in international banking transactions; (b) the principal sources of law governing these transactions under English, Australian and United States law (with some comparisons with civil law) and (c) the differences between the applicable rules in these legal systems on selected important issues; and (4) have developed legal research and writing skills and skills of oral presentation in a seminar context.
Assessment: Research paper (3750 words): 50% + Supervised exam (1.5 hours): 40% + Class participation: 10%
Contact Hours: One two hour seminar per week
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