Stand by for new set of rules on letters of credit; international standby practices are more detailed than current rules - and take effect Jan. 1

Article Abstract:

New international standby practices (ISP), governing domestic and international letters of credit, will take effect on Jan 1, 1999. The Institute of International Banking Law and Practice provided the initiative for developing the ISP and the International Chamber of Commerce's Bamlomg Commission approved them. A bank's customer can request a standby letter of credit as the bank's guarantee of the customer's obligation to make payments to a beneficiary. A standby is typically used because the beneficiary has determined that the customer is, to some degree, a credit risk.

United States, Laws, regulations and rules, Letters of credit

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Doctor's stand could cost her a license

Article Abstract:

Dr Yolanda Huet-Vaughn may lose her license in Kansas as a result of her conviction for desertion during the Persian Gulf War. The Kansas Board of Healing Arts is considering her status based on the premise that her conviction constitutes a felony as well as dishonorable conduct. Huet-Vaughn's attorney's refute the felony classification, contending that no civilian parallel exists. Other physicians are supporting her because of her ethical courage, and qualifications to practice medicine.

Investigations, Discipline, Physicians, Medical professions, Health boards, Huet-Vaughn, Yolanda

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It happened - but could she consent?

Article Abstract:

A New Jersey Superior Court is trying four young men for gang-raping a mentally retarded girl in their late teens. The defendants are facing eight counts of sexual assault and one of conspiracy for assaulting the victim with a baseball bat, stick and broom handle. The case has generated great interest among women's rights and victims' rights proponents. Prosecutors say the victim's low intelligence makes the question of whether or not she consented moot.

Cases, Mentally disabled persons, Sex crimes

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