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Guide to ICC Uniform Rules for Demand Guarantees URDG 758

Guide to ICC Uniform Rules for Demand Guarantees URDG 758

Second Edition

by Professor Sir Roy Goode KC and Professor Dr. Georges Affaki

Provides a clear and comprehensive commentary on the rules and the accompanying model forms.

The first edition of this Guide was widely acclaimed. Those using this substantially revised and expanded second edition will find it equally indispensable, with many more issues addressed and updated references to a substantial volume of ICC materials. These include the ground-breaking International Standard Demand Guarantee Practice (ISDGP), aswell as Opinions of the ICC Banking Commission and DOCDEX decisions, reflections of the Task Force on Guarantees, Technical Advisory Briefings issued by the Technical Advisors to the ICC Banking Commission, and ICC Guidance Papers.

In this new edition, the authors draw on their extensive experience in researching, practising and teaching the law and practice of demand guarantees, as well as ruling as judges and arbitrators over numerous guarantee-related disputes, over a period of more than thirty years.

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  • Sir Roy Goode
  • is Emeritus Professor of Law at the University of Oxford and Emeritus Fellow of St. John’s College, Oxford. A retired King’s Counsel, he chaired the drafting committee at diplomatic conferences for four international conventions. A former Chairman of ICC’s Commission on International Commercial Practice, he chaired the Drafting Group that finalized ICC’s first Uniform Rules for Demand Guarantees (URDG 458) and is the author of Guide to the ICC Uniform Rules for Demand Guarantees, ICC Pub. No. 510 (1992). He also co-authored the first edition of the present Guide with Professor Georges Affaki. He is a Fellow of the British Academy and was knighted in 2000 for services to academic law.
  • Prof. Dr Georges Affaki, C.Arb,
  • has Chaired the URDG 758 Drafting Group and Co-Chaired the International Standard Demand Guarantee Practice Drafting Group. He is an international arbitrator, a Judge at the Qatar International Court, a Professor of Law at the University of Paris and a member of the Paris Bar. He is also Chairman of the Legal Committee of the ICC Banking Commission and Honorary Chairman of the Task Force on Guarantees, both of which he founded. Professor Affaki is the author of several books and articles on international banking, and dispute resolution, including A User’s Handbook to the URDG, ICC Pub. No. 631 (2001). He also co-authored the first edition of the present Guide with Sir Roy Goode. In 2019, he was appointed Foreign Trade Counsellor of France by decree of the Prime Minister.
  • December 2024
  • 818E
  • Guide to ICC Uniform Rules for Demand Guarantees URDG 758
  • English


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