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Legal Opinion on Standby Letters of Credits

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Legal Opinion on Standby Letters of Credits

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unnamedNadmitov, Ivanov and Partners Law Firm advised a Russian bank on enforceability, validity of two standby letters of credits issued by a foreign bank securing loans provided to Russian companies and governed by Korean law and by the ICC Uniform Customs and Practice for Documentary Credits in association with a leading Korean law firm.

Nadmitov, Ivanov and Partners Law Firm regularly represents regulators, leading foreign and domestic financial institutions and banks on financial transactions and questions of Russian financial regulation.

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