This book comprehensively explores the revolution in the use of
electronic negotiable instruments and negotiable documents through a
thorough examination of the UNCITRAL Model Law on Electronic
Transferable Records. The Model Law, a product of the United Nations
Commission on International Trade Law, provides the most current and
complete law for electronic negotiable instruments.
To understand the short 19 articles and explanatory notes of the Model
Law requires an extensive background not only in the current practices
of digital trade, but also a thorough understanding of the substantive
law of negotiable instruments and negotiable documents. This book
provides a full and understandable guide through these areas of the law.
The authors, all of whom were instrumental in the formation of the Model
Law, bring their years of experience in international commercial law to
this in-depth and practical examination of this important text. The book
is an invaluable resource both for novice as well as experienced
commercial, maritime and banking lawyers, for economic policy makers,
supply chain management specialists, and for anyone interested in
keeping abreast of the fast-changing world of digital trade.
