CIF and FOB Contracts. Fifth edition

Lorenzon, Filippo and Baatz, Yvonne (2012) CIF and FOB Contracts. Fifth edition (British Shipping Laws), Andover, GB. Sweet & Maxwell, 751pp.

Abstract

Whether drafting contracts or considering the nature of these provisions in the context of a dispute, Sassoon offers an easy-to-use reference to the principles behind CIF (Cost Insurance Freight) and FOB (Free on Board) contracts.

Covers the following for each of the CIF and FOB contracts:
*the nature of the contract
*the shipment
*the bill of lading
*insurance
*tender and payment
*remedies
*conflict of laws

Keeps you fully briefed with authoritative commentary on all significant developments and recent new cases.

Gives you clear and detailed guidance for use when drafting, negotiating and resolving disputes.

Covers International Commerce Terms 2000 including FOB and CIF, which are relevant to all international sales transactions.

Includes the new GAFTA (2003) forms – amendments to the Grain and Feedstuff Association’s standard for of CIF, CFR and FOB contracts.

Covers the UCP 500 (Uniform Custom and Practice for Documentary Credit) to UCP 600 - the universal set of rules adopted by banks which, finance international trade.

Contains precedents which, are drafted to help you apply the changes bought in by The Contracts (Rights of Third Parties) Act 1999.

Provides practical tools including procedural checklists.

Includes an international approach applicable to users practicing and advising in a wide range of international jurisictions, from UK and EU to USA and international.

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