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List of Publications – Prof. Dr Georges Affaki

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Books:

– “Jurisdictional Choices” (with Horacio Grigera Naon, Eds.), ICC Publishing, 755E.
– “Case Studies in Documentary Credits and Bank Guarantees”, International Trade Center (Geneva), UNCTAD/WTO, 2013.
– “Guide to ICC Uniform Rules for Demand Guarantees” (with Sir Roy Goode), ICC Publishing, 2011.
– “Increasing Access to Credit – Reforming Secured Transaction Law”, International Trade Center (Geneva), UNCTAD/WTO, 2010.
– “Cross-border Insolvency and Conflict of Jurisdictions”, Georges Affaki (Ed.), Bruylant, 2007.
– “Paiements et sûretés dans le commerce international”, International Trade Center (Geneva), CNUCED/OMC, 2002, Winner of the European Prize for Interdisciplinary Research (2002). Translated into Spanish: Financiaciones y garantias en el comercio internacional, 2003, and into English: Trade Finance, 2004.
– “A User’s Handbook to the Uniform Rules for Demand Guarantees”, ICC Publishing S.A., Publication No. 631, 2001. 

Articles:

2017
– Commentary of the European Commission’s Public Consultation on the Conflict of Laws Rules for Third Party Effects of Transactions in Securities and Claims, Chronique de droit bancaire international, Banque et Droit No. 173, 2017, pp. 54-59.

2016
– “Financial Institutions and International Arbitration”, ICC Commission Report, Vol. 1 and Vol. 2, Published online in 2016.
– “Increasing Access to Credit through Reforming Secured Transaction Law”, in The Draft UNCITRAL Model Law on Secured Transactions – Why and how?, B. Foëx (Ed.), Schulthess, 2016, pp. 157-170.
– “In memoriam Jean Stoufflet (1928-2016)”, Chronique de droit bancaire international, Banque et Droit No. 167, 2016, pp. 62-63.
– “Les impacts potentiels du Brexit sur le droit et la pratique bancaire impliquant un rattachement au Royaume-Uni”, Chronique de droit bancaire international, Banque et Droit No. 168, 2016, pp. 43-46.
– Commentary on the Decree No. 59/2016 providing urgent provisions in relation to enforcement and insolvency proceedings, as well as measures in favour of investors of banks under liquidation in Italy, Chronique de droit bancaire international, Banque et Droit No. 168, 2016, pp. 46-47.
– Commentary of ICC Report on financial institutions and International Arbitration, Chronique de droit bancaire international, Banque et Droit No. 170, 2016, pp. 46-47.

2015
– “L’extraterritorialité en droit bancaire”, RDBF, 2015, pp. 90-94.
– “The Greek Sovereign Debt Rescheduling, EU Bail-in and Investment Arbitration”, JIBFL Sept. 2015, pp. 492-497.
– “Directive 2014/59/UE du Parlement européen et du Conseil du 15 mai 2014 établissant un cadre pour le redressement et la résolution des établissements de crédit et des entreprises d’investissement – article 55”, Chronique de droit bancaire international, Banque et Droit No. 161, 2015, pp. 3-4.
– “Règlement (UE) n° 575/2013 du Parlement européen et du Conseil du 26 juin 2013 concernant les exigences prudentielles applicables aux établissements de crédit et aux entreprises d’investissement, article 194”, Chronique de droit bancaire international, Banque et Droit No. 161, 2015, pp. 4-6.
– “Le nouveau règlement DOCDEX de la CCI”, Chronique de droit bancaire international, Banque et Droit No. 161, 2015, pp. 14-16.

2014
– “La Chari’a en dehors des terres d’Islam : Essai sur la réception de la finance islamique en France”, Revue internationale de droit comparé, No.3, 2014, pp. 755-765.
– “L’arbitrage en matière bancaire et financière”, Report of the French Arbitration Committee on Arbitration in Banking and Finance, Paris Journal of International Arbitration, No.3, 2014, pp. 419-463.
– “Nouvelles tendances de l’arbitrage international en Afrique : Le cas des litiges financiers” (with A. Koenig), Revue de l’arbitrage, No. 3, 2014, pp. 545-592.
– “Revisiting the Pari Passu clause”, in Sovereign Debt Management, R. Lastra and L. Buchheit (Eds.), OUP, 2014, pp. 39-49.

2013
– “A financing is a financing is a financing …”, in Third Party Funding in International Arbitration, B. Cremades and A. Dimolitsa (Eds.), ICC Publ. 2013.

2012
– “La Résolution n° 3/2012 de l’Association de Droit international relative aux principes de juridiction en matière de procédures civiles d’exécution sur les succursales de banque situées à l’étranger”, Chronique de droit bancaire international, Banque et Droit No. 145, 2012, pp. 21-25.
– “De quelques aspects juridiques liés à la menace de blocus du Détroit d’Ormuz”, Chronique de droit bancaire international, Banque et Droit No. 145, 2012, pp. 27-29.

2011
– “Nouvelles réflexions sur la banque et l’arbitrage”, in Liber Amicorum in Honour of Serge Lazareff, Pédone, 2011.
– “Rapport du British Institute of International and Comparative Law sur l’insertion dans le Règlement (CE) n° 593/2008 du 17 juin 2008 (Rome I) d’une règle de conflit relative à l’opposabilité aux tiers de la cession de créance”, Chronique de droit bancaire international, Banque et Droit No. 140, 2011, pp. 33-37.
– “Adoption du Supplément au Guide législatif de la CNU DCI sur les opérations garanties consacré aux sûretés réelles mobilières grevant la propriété intellectuelle”, Chronique de droit bancaire international, Banque et Droit No. 136, 2011, pp. 36-37.
– “Les règles uniformes de la CCI sur le forfaiting”, Chronique de droit bancaire international, Banque et Droit No. 136, 2011, p. 38.

2010
– Commentary of the Uniform Rules for Demand Guarantees (URDG 758), Chronique de droit bancaire international, Banque et Droit No. 130, 2010, pp. 40-42.
– Commentary of the Position-recommendation of the ICC Banking Commission on sanction clauses in trade finance-related instruments, Chronique de droit bancaire international, Banque et Droit No. 130, 2010, pp. 42-43.

2009
– Commentary of the Auto Industry Financing and Restructuring Act (AIFRA), H.R.7321, Financial crisis – Security interests – Subordination, Chronique de droit bancaire international, Banque et Droit No. 125, 2009, pp. 40-42.
– “Crise de confiance et perturbation des marchés”, Chronique de droit bancaire international, Banque et Droit No. 125, 2009, pp. 48-53.

2008
– “L’accueil de la finance islamique en droit français – essai sur le transfert d’un système normatif”, in La finance islamique, J.P. Laramée (Ed.), Secure Finance, 2008.
– Commentary of Regulation (EC) No. 593/2008 of the European Parliament and of the Council of 17 June 2008 on the law applicable to contractual obligations, Chronique de droit bancaire international, Banque et Droit No. 121, 2008, pp. 46-51.

2007
– “Du bon sens et du sens des mots: de la bonne interprétation de la clause pari passu”, in Essays in honour of Philippe Letourneau, Dalloz, 2007.
– “A European View on the U.S. Courts’ Approach to Cross-Border Insolvency – Lessons from Yukos”, in “Cross-border Insolvency and Conflict of Jurisdictions”, Georges Affaki (Ed.), Bruylant, 2007, p.14.
– “Le nouveau droit des crédits documentaires”, Banque et Droit, No. 112 – March 2007, pp. 3-22.

2006
– “Analysis of obstacles to the proper functioning of the internal market: legal, economic and social aspects”, in Divergences of property law, an obstacle to the internal market?, U. Drobnig, H. Snijders and E. Zippro (Eds.), Sellier, 2006.
– “Des aspects bancaires dans le guide législatif de la CNUDCI sur les opérations garanties”, in Réforme des sûretés mobilières, B. Foex (Ed.), Schulthess, 2006.

2005
– “De la relation perfectible entre le crédit et les sûretés”, in Repenser le droit des sûretés mobilières, M-E. Ancel (Ed.), 2005, LGDJ.
– Commentary of the Belgian law amending the Civil Code on the effectiveness of assignments of receivables by way of securitization, Chronique de droit bancaire international, Banque et Droit No. 99, 2005, pp. 79-80.
– Commentary of the Belgian law of 19 November 2004 amending law of 28 April 1991 implementing law of 28 April 1999 implementing Directive 98/26/EC of 19 May 1998 on Settlement Finality in Payment and Securities Settlement Systems, Chronique de droit bancaire international, Banque et Droit No. 101, 2005, pp. 81-90.
Commentary of the Dutch law amending the Civil Code on the effectiveness of assignments of receivables by way of securitization, Chronique de droit bancaire international, Banque et Droit No. 99, 2005, pp. 79-80.

2004
– “De la relation perfectible entre le crédit et les sûretés”, Banque et Droit No. 97, September 2004, pp. 26-34.
– “Le banquier et l’arbitrage”, Banque et Droit No. 93, January 2004, pp. 3-36.
– Commentary of the Equator Principles, Chronique de droit bancaire international, Banque et Droit No. 95, 2004, pp. 58-61.
– Commentary on the implementation into English law of the Directive on Financial Collateral Arrangements, The Financial Collateral Arrangements (No. 2) Regulations 2003, Chronique de droit bancaire international, Banque et Droit No. 94, 2004, pp. 68-71.

2003
– “A banker’s approach to arbitration”, Bulletin ASA (Swiss Arbitration Association), August 2003, pp.63-75.
– “Progress in the use of the Uniform Rules for Demand Guarantees”, Documentary Credits Insight, Vol.9 No. 3, 2003, pp.17-19.
– “La limitation de la responsabilité du siège pour les engagements de sa succursale”, Chronique de droit bancaire international, Banque et Droit No. 92, 2003, pp. 67-70.
– Commentary of the Enterprise Act (2002), Chronique de droit bancaire international, Banque et Droit No. 91, 2003, pp. 78-81.
– Commentary of the ICC International Standard Banking Practice for the examination of documents in documentary credits (ISBP), Chronique de droit bancaire international, Banque et Droit No. 91, 2003, pp. 78-85.
– “L’apport de la Convention CNUDCI sur la cession de créances aux opérations de banque”, Banque et droit, No. 92, 2003, pp. 63-64.
– Commentary of the Documentary Instruments Dispute Resolution Expertise (DOCDEX), Chronique de droit bancaire international, Banque et Droit No. 91, 2003, pp. 78-85.

2001
– “Documentary dialogue with W.T.A. Riddall”, Documentary Credits Insight, Vol. 7 No.1, 2001, pp.14-17, and Vol.7 No.2, 2001, pp.15-17.

2000
– “Les sûretés dans le négoce international”, Journal du droit international (Clunet), No. 3, 2000, pp. 647-708.

1999
– “Promoting the Uniform Rules for Demand Guarantees”, Letter of Credit Update, Vol. 15 No.7, 1999.
– “ISP, UCP or URDG: What are the Optimal Rules for your Undertaking?”, Documentary Credit World, Vol. 3 No. 6, June 1999.
– “The ISP98, the UCP, the URDG and the UNCITRAL Convention: Are they really complementary?”, Letter of Credit Update, Vol. 15 No.5, May 1999, pp.20-22.

1998
– “How do the ISP standby rules fit in with other uniform rules?”, Documentary Credits Insight, Vol.5 No.1, 1998, pp.3-6.
– “La mention manuscrite dans les engagements unilatéraux”, Les Echos, 26 May 1998.

1997
– “Sûretés bancaires en danger ”, Bull. Cercle des Banques Etrangères, No. 9, 1997, pp. 3-5.
– “Demand Guarantees in the Arab countries”, Journal of International Banking Law, Vol. 12, Issue 7, 1997, pp. 271-276.
– Chapter on documentary credits, in Letters of Credit, Michael Rowe (Ed.), 2nd edition, 1997, Euromoney.
– Chapter on countertrade, in Countertrade, Michael Rowe (Ed.), 3rd edition, 1997, Euromoney.

1996
– “Islamic Banking: an overview”, Documentary Credits Insight, No. 2, 1996, pp. 9-11.

1995
– “Le syndrome de l’autre bénéficiaire dans l’appel à la garantie indépendante”, Banque et Droit No. 43, 1995, pp. 12-20.

1994
– “La Commission d’indemnisation des Nations Unies : trois ans d’épreuve au service du règlement des différends internationaux”, Droit et pratique du commerce international, Vol. 20, No. 3, 1994, pp.471-517.
– “Les garanties indépendantes sont-elles encore indépendantes ? Leçons de la crise du Golfe”, Banque et Droit No. 33, 1994, pp.3-12.
– “International fast-track commercial arbitration in the Arab countries”, in Dispute Resolution Methods, Comparative Law Yearbook for International Business, 1994, Graham & Trotman, Martinus Nijhof, pp.368-387.

1993
– “The United Nations Compensation Commission: a new era in claims settlement”, Journal of International Arbitration, [1993], Vol.10 – No.3, pp.21-57.

1992
“La loi n°10 sur la promotion des investissements en Syrie”, Revue de Droit des Affaires Internationales, 1992, No.4, pp.371-387; updated and published in International Business Lawyer, [1992] Vol.20–No.10, pp.518-524.

1991
– “The duty to interfere: a new measure to prevent the payment of independent guarantees”, Journal of International Banking Law [1991] Vol.6–No.11, pp.457-464.

 Case notes:

2017
– Case note, Rennes Court of Appeal, 1 April 2016, No. 15/02999 and under the High Court (London) of 3 February 2017, Commerzbank Aktiengesellschaft [2017] EWHC 161 (Comm), Asymmetric jurisdiction clauses – Unilateral option – Regulation (EU) No 1215/2012 of the European Parliament and of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (recast).
– Case note, Court of Cassation, 3 May 2016, Commercial Circuit, 14-28.962, 408, Independent counter-guarantee – Fraud or abuse of the beneficiary’s rights – Fraudulent collusion – Time at which knowledge of fraud must be proved – Article 2321 al. 2 of the Civil Code, Chronique de droit bancaire international, Banque et Droit No. 171, 2017, pp. 46-49.

2016
– Case note, Singapore Court of Appeal, 23 May 2016, Documentary credit – ICC Uniform Customs and Practice for Documentary Credits – Relationship between issuing and nominated banks (characterization) – Mandate – Duty to transmit documents without delay – Civil liability, Chronique de droit bancaire international, Banque et Droit No. 167, 2016, pp. 64-67.
– Case note, High Court of Justice, 4 March 2016, Queen’s Bench Division, Commercial Court (Financial List), Blair J., [2016] EWHC 465 (Comm), Derivatives – Public companies – Capacity – Convention on the law applicable to contractual obligations of 19 June 1980 – Freedom of contract, Chronique de droit bancaire international, Banque et Droit No. 167, 2016, pp. 64-67.
– Case note, Court of Cassation, 7 October 2015, Civil Circuit 1, No. 14-16898, Sté eBizcuss c/ Sté Apple, FS-PB, Asymmetric jurisdiction clauses – Unilateral option – Council Regulation (EC) No 44/2001 of 22 December 2000 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Brussels I), Chronique de droit bancaire international, Banque et Droit No. 166, 2016, pp. 67-72.

2015
– Case note, ICSID award Poštová Banka, A.S. and Istrokapital SE v/ Hellenic Republic, case No. ARB/13/8, sovereign debt restructuring – Bail-in – lower case – investment arbitration, Chronique de droit bancaire international, Banque et Droit No. 163, 2015, pp. 50-56.
– Case note, United States Court of Federal Claims, 15 June 2015, No. 11-779C, Starr International c/ The United States, Case 1:11-cv-00779-TCW, Financial Crisis – Nationalization – Violation of law (yes) – Damages (no), Chronique de droit bancaire international, Banque et Droit No. 162, 2015, pp. 56-58.
– Case note, Supreme Court, TAEL One Partners Ltd v. Morgan Stanley & Co International Plc [2015] UKSC 12, LMA – Syndicated loans – Borrower’s early repayment of the debt – Assignment of loan agreement on the secondary market, Chronique de droit bancaire international, Banque et Droit No. 162, 2015, pp. 59-60.
– Case note, Bundesgerichtshof (BGH), 24 February 2015, Banking and Commercial circuit, XI ZR 47/14 and XI ZR 193/14, Sovereign Debt Restructuring – State of necessity – State insolvency, Chronique de droit bancaire international, Banque et Droit No. 161, 2015, pp. 13-14.

2011
– Case note, CJEU, 20 October 2011, C-398/09, Interedil Srl, International insolvency – Conflict of Jurisdictions – Council Regulation (EC) No. 1346/2000 of 29 May 2000 on insolvency proceedings – Centre of main interest – Conflit mobile – Criteria for an establishment, Chronique de droit bancaire international, Banque et Droit No. 140, 2011, pp. 28-31.
– Case note, Versailles Court of Appeal, 6 July 2011, Independent Guarantee – ICC Uniform Rules for Demand Guarantees – Fraud or manifest abuse, Chronique de droit bancaire international, Banque et Droit No. 140, 2011, pp. 32-33.
– Case note, Supreme Court of the United States, 24 June 2010, Morrison et al. v. National Australia Bank Ltd. et al., No. 08-1191, Section 10b-5 of the Securities Exchange Act of 1934 –Extraterritorial application (no) – RICO – Alien Torts Act –Dodd-Franck Act, Chronique de droit bancaire international, Banque et Droit No. 136, 2011, pp. 28-32.
– Case note, High Court of Justice, 25 September 2009, Q.B., Commercial Court, Fortis Bank SA/N.V. v. Stemcor, Documentary credits, Chronique de droit bancaire international, Banque et Droit No. 136, 2011, pp. 28-32.

2010
– Case note, CJEU, 21 January 2010, C‑444/07, MG Probud, International insolvency – Conflict of jurisdictions – Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings, Chronique de droit bancaire international, Banque et Droit No. 130, 2010, pp. 44-47.

2009
– Case note, Paris Court of Appeal, 22 October 2009, Cash collateral aiming to prevent a call on a “performance bond”, Chronique de droit bancaire international, Banque et Droit No. 129, 2009, pp. 41-47.
– Case note, New York State Court of Appeals, 4 June 2009, Koehler v. Bank of Bermuda Limited, Securities held in a foreign bank. Recovery actions. Jurisdictional competence. Garnishment. Extraterritorial effect, Chronique de droit bancaire international, Banque et Droit No. 129, 2009, pp. 41-47.
– Case note, House of Lords, Concord Trust v Law Debenture trust Corporation plc, [2005], UKHL 27, Syndicated lending – Bond issue – Agent’s contractual and tort liability, Chronique de droit bancaire international, Banque et Droit No. 125, 2009, pp. 40-47.
– Case note, United States District Court for the Southern District of New York, 11 February 2008, American ExpressBank Ltd c. Banco Español de Credito, case 1:06-cv-03484 – Independent guarantee – Call on the counter-guarantee before enforcing the first rank guarantee, Chronique de droit bancaire international, Banque et Droit No. 125, 2009, pp. 47-48.

2008
– Case note, Court of Cassation, 12 December 2007, Criminal circuit, No. 07-83.228 F-P+F, Blocking statute – Production of evidence abroad – Discovery – International mutual legal assistance – The Hague Convention on the Taking of Evidence Abroad in Civil or Commercial Matters, Chronique de droit bancaire international, Banque et Droit No. 121, 2008, pp. 52-57.
– Case note, United States Supreme Court, 761 (2008), Stoneridge Investment, Subprime debt – Civil liability – Section 10(b) of the Security Exchange Act – Equivalence reasoning – Relative effect of contracts, Chronique de droit bancaire international, Banque et Droit No. 121, 2008, pp. 59-64.

2007
– Case note, New York Court of Appeal, 22 March 2007, No. 26, 2007 NY Slip Op 02437, Minority participants in syndicated lending – Legal capacity – Interpretation of contract, Chronique de droit bancaire international, Banque et Droit No. 114, 2007, pp. 40-43.
– Case note, Appeal Court (Civil Division), 27 February 2007, Barbados Trust Company Ltd v. Bank of Zambia et al., Assignment of receivables – Anti-assignment clauses – Trust – Direct action against the debtor – Secondary market of distressed debts, Chronique de droit bancaire international, Banque et Droit No. 112, 2007, pp. 48-52.

2006
– Case note, Court of Justice of the European Communities (ECJ), 2 May 2006, Grand Chamber, Eurofood, Case C-341/0 and 27 June 2006, Commercial Circuit, No. 923 FS-PBRI, International insolvency – Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings – Test of the centre of main interest – Recognition of insolvency proceedings – Review of the competency of the Court opening the proceedings – Public policy, Chronique de droit bancaire international, Banque et Droit No. 108, 2006, pp. 70-77.
– Case note, Court of cassation, 11 October 2005, Commercial circuit, Case No. 5571 on the fraud in documentary credits available by acceptance, Chronique de droit bancaire international, Banque et Droit No. 105, 2006, pp. 71-78.8 Case note, Court of Appeal decision (Civil appeals Division), [2005] EWCA Civ 422, PT Pan Indonesia Bank Ltd TBK and Marconi Communications International Ltd, on the applicable law to the interbank relationship in documentary credit available by negociation, Chronique de droit bancaire international, Banque et Droit No. 105, 2006, pp. 80-81.

 2005
– Case note, House of Lords, 30 June 2005, National Westminster Bank plc v. Spectrum Plus Limited et al. [2005] UKHL 41 on the characterization of a floating charge and priorities among secured creditors, Chronique de droit bancaire international, Banque et Droit No. 103, 2005, pp. 81-86.
– Case note, Swiss Federal Tribunal, 1 June 2004, Fraud in documentary credit with deferred payment, Chronique de droit bancaire international, Banque et Droit No. 99, 2005, pp. 80-81.

 2004
– Case note, United States District Court for the Southern District of New York, 20 February 2004, JPMorgan Chase Bank v. Lodwrick M. Cook, U.S. Dist. Lexis 2557, Chronique de droit bancaire international, Banque et droit, No. 96, 2004, pp. 67-72, subrogation in letters of credit (documentary credits and independent guarantees).
– Case note, Bundesgerichtshof (BGH), 18 April (VII ZR 192/01) and 4 July 2002 (VII ZR 502/99) on first demand guarantees, Chronique de droit bancaire international, Banque et droit, No. 94, 2004, pp. 72-74.

2003
– Case note, Court of Cassation, 18 September 2002, Civil circuit, Chronique de droit bancaire international, Banque et droit, No. 92, 2003, pp. 63-64, Foreign law. Application by French Court. Identifying the content of foreign law.
– Case note, Supreme Court of Korea, 24 January 2003, Chronique de droit bancaire international, Banque et Droit No. 91, September-October 2003 pp 85-87, The impact of fraud in relation to documentary credits with deferred payment.

1995
– Case note, Paris Court of Appeal, 23 June 1993, JCP-E, 1995, II, 735, the effect of the EU embargo on Iraq on contracts and bank guarantees.

CONFERENCES

Chair, moderator and regular speaker in French and international fora on issues relating to international dispute resolution, international banking, cross-border insolvency, Islamic finance and economic sanctions.

Press interviews file and list of citations in the press available.