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The demand guarantee bridges the "gap of distrust" that exists between the parties. When the bank issues the demand guarantee, the beneficiary deals with a party whose financial strength he can trust and a party which would pay upon first demand regardless of an existing dispute between the parties on the performance of the underlying contract. [5]
The Illinois Courts Commission, composed of one Supreme Court justice, two Appellate Court judges, two circuit court judges and two citizens, has the authority after notice and public hearing to remove from office, suspend without pay, censure or reprimand any member of the judiciary for willful misconduct in office, persistent failure to ...
The Institute of International Banking Law & Practice is a non-profit American educational and research organization that studies banking law and practice. [1] It was founded in 1987. The institute's efforts to harmonize international law and practice have resulted in the ISP98 (International Standby Practices) and ICLOCA (International Center ...
The United States Attorney's Office for the Southern District of Illinois is the federal prosecuting office for cases arising in 38 counties in Southern Illinois. The Office is headquartered in Fairview Heights and also has branch offices in Benton and East St. Louis. William E. Trautmann 1905-10 [4] Charles A. Karch 1914-1918? James G ...
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Office of the Illinois Attorney General; Office of the Illinois Auditor General; Office of the Illinois Comptroller; Office of the Illinois Governor; Office of the Illinois Lieutenant Governor; Office of the Illinois Secretary of State; Office of the Illinois State Appellate Defender; Office of the Illinois State Fire Marshal; Office of the ...
Litigation was filed in federal court challenging the law shortly after it was enacted with final judgement in the Southern District of Illinois federal court issued Nov. 8.
Sonnenschein Nath & Rosenthal LLP (informally Sonnenschein) was an international law firm with nearly 800 lawyers and other professionals in the United States and Europe, serving businesses, non-profits and individuals. [1] The firm was founded in Chicago in 1906 and as of May 2010 ranked as the 58th-largest law firm in the U.S. by revenue. [2]