This book deals with the field of bank guarantees, in the practical as well as theoretical sense. The book refers to the independence of the bank guarantee as well to the exceptions established by judicial rulings to this rule (fraud and special circumstances). The book discusses the matching principle established in judicial rulings, as well as guarantees based on the Sale Law of apartments and the amendment to the law after the Hephzibah event, as well as the customary practice in bank lending. In addition, the book devotes a large chapter to the issue of bank guarantees submitted as part of a tender offer.
Hon. Judge Ayala Procaccia wrote in the preface:
“This book is a wide-ranging in-depth study that presents the legal and practical layers of a complex legal and financial instrument whose presence in the world of economy is increasing continuously… Dr. Weinroth’s book should be welcomed, as it is an important contribution to the knowledge and understanding of the legal aspect of bank guarantees. This study will undoubtedly illuminate the professionals who need this information on a daily basis.”
The book was published in two editions and accrued great popularity, as is expected regarding such a central issue and from its being the only book dedicated to the topic.
It has been quoted extensively in court rulings in all instances.
Published by Shoav Publishing, 44 Hagilgal St. Ramat Gan 052-5257005
Bank Guarantees, Expanded Second Edition,