ABSTRACT
There have been a number of reasons why the work had to be revised. One reason why a new edition of Schmitthoff was clearly warranted was the introduction of new measures for the finance of exports. The 1993 version of the Uniform Customs and Practice for Documentary Credits, the 1995 revised Uniform Rules for Collections and the 1992 Uniform Rules for Demand Guarantees are fully discussed in this edition of Schmitthoff. Since the last edition there have been a number of changes to international dispute resolution law. The Contracts (Applicable Law) Act 1990 which incorporates the Rome Convention as well as the Arbitration Act 1996 and the Brussels and Lugano Conventions are dealt with in this edition.
