Denis Golubev and Artur Shvaika to Speak at ICC Russia Seminar on Bank Guarantees
On 28 March 2024, the «Bank Guarantees: Legislative Changes and Practical Applications» seminar will be held, organised by the Russian National Committee of the International Chamber of Commerce (ICC Russia).
Denis Golubev, Counsel in EPAM Law’s Litigation and Arbitration Practice, will speak on the topic: «Beneficiary Liability for Unjustified Demands under a Bank Guarantee».
Artur Shvaika, Associate in the Litigation and Arbitration Practice at EPAM Law, will also participate. His presentation is titled: «Good Faith Actions of the Parties and Court-Ordered Interim Measures: Practical Examples».
Key Discussion Topics
- Advantages and disadvantages of bank guarantees vs standby letters of credit: when to choose each instrument
- International rules and standards (URDG / ISDGP): practical experience and application
- The roles of the guarantor bank and the beneficiary: where does the guarantor’s liability end?
- Tax Code amendments: new rules for guarantees in favour of tax authorities
- Guarantees in public procurement: practical challenges for banks and clients
- Case law and arbitration practice: resolving disputes involving bank guarantees
