Letters of Indemnity: A Guide to Good Practice

By Stephen Mills, Ben Roberts and The North of England PandI Association

This unique illustrated guide explains how to avoid disputes and problems arising from the use of letters of indemnity. While the law expects that the documentary aspects of international sale transactions will comply with long-established principles and standards, those engaged in international trade may sometimes find those principles and standards difficult, if not impossible, to apply or achieve in each and every transaction. In their hour of need they often look to letters of indemnity. Rightly or wrongly, letters of indemnity are in widespread use in international trade and shipping in conjunction with, and sometimes in substitution for, bills of lading. This guide – which starts with a health warning – provides commentary on the common types of letter of indemnity, the reasons they are used, the pitfalls, and risks, and some of the legal and insurance issues which arise out of their use. It is designed to be used in conjunction with Bills of Lading – A Guide to Good Practice, also by Stephen Mills. The guide works on various levels, with a practical guidance section supplemented by a detailed analysis section and footnotes to show the legal foundation of the advice given.

• Language: English
• Publisher: Stephen Mills
• Release date: Apr 28, 2016
• ISBN: 9780957493698

Stephen Mills

Stephen Mills is the coauthor with Roger Fouts of Next of Kin: My Conversations with Chimpanzees, a Los Angeles Times Best Book of the Year. He has advised and written for an array of public interest organizations in the fields of human rights, civil liberties, and the environment. Since 1983, he has worked with the Natural Resources Defense Council, building campaigns that have mobilized millions of people in support of environmental protection. Stephen is honored to serve as an Ambassador for CHILD USA, the leading nonprofit think tank fighting for the civil rights of children. He lives in California with his wife, Susan.