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Letters of Credit - Increasingly Popular, They Have Many Uses
March 31, 2004 Full PDF
The March 31 New York Law Journal "Real Estate Update" features an article written by Peter Fisch and Mitchell Berg entitled, "Letters of Credit. Increasingly Popular, They Have Many Uses." The article discusses certain issues arising from the increasing use of letters of credit in real estate transactions, focusing primarily on letter of credit security deposits under commercial leases. Katherine McCormick assisted in the preparation of the article, and contributions were also made by Meredith Kane, Jim Millar and Curtis Weidler.