Find out how bank guarantees work, why they are issued, and the process that a business normally goes through to acquire one ...

Learn how letters of credit work, the roles of buyers, sellers, and banks, and why these financial tools help reduce risk and ...

The most important thing in big transactions and business nowadays is to reduce the risk. When two people or companies are involved in a big deal, they may sometimes doubt each other's financial ...

The Situation: The recent decision in Lanskey Constructions Pty Ltd v Westrac Pty Ltd [2022] WASC 90 involved an application by a contractor for injunctive relief in relation to a call on its security ...