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首页> 外文期刊>Journal of Korea Trade >The Supreme Court of Korea's Decisions on the Fraud Exception in a Demand Guarantee (Focusing on East Gas Seeds Industry Co. v. Korea Exchange Bank Case (2014))
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The Supreme Court of Korea's Decisions on the Fraud Exception in a Demand Guarantee (Focusing on East Gas Seeds Industry Co. v. Korea Exchange Bank Case (2014))

机译：韩国最高法院关于需求担保中的欺诈例外的裁决（针对East Gas Seeds Industry Co.诉Korea Exchange Bank案（2014年））

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摘要

A demand guarantee is an irrevocable undertaking to pay the beneficiary upon presentation of a demand complying with the terms of the guarantee. A demand guarantee, a relatively recent creation, is widely used in contracts for international sales of goods, in overseas construction contracts, and in shipbuilding contracts. The independence principle, the prominent feature of a demand guarantee, provides certainty of payment, but has brought significant problems into international transactions. Therefore, many jurisdictions recognize the fraud exception as well as the independence principle in a demand guarantee. There have been only two cases decided by the Supreme Court of Korea as to the independence principle and the fraud exception in a demand guarantee in international transactions. The Yuwon Construction Co. case of 1995 recognized the fraud exception and admitted payment refusal of a demand guarantee. The East Gas Seeds Industry Co. case of 2014 affirmed the fraud exception of the Yuwon Construction case, but in reality remanded the decision of the Yuwon Construction Co. case as to the practical ambit of the fraud exception.
机译：需求保证是在提出符合保证条款的需求时向受益人付款的不可撤销的承诺。需求保证是一种相对较新的创造形式，广泛用于国际货物销售合同，海外建筑合同和造船合同中。独立性原则是需求担保的突出特征，提供了付款确定性，但给国际交易带来了重大问题。因此，许多管辖区在需求保证中都认识到欺诈例外以及独立性原则。韩国最高法院仅就国际交易的需求担保中的独立性原则和欺诈例外裁定了两起案件。 1995年的Yuwon Construction Co.案确认了欺诈例外情况，并承认拒绝付款要求担保。 2014年的East Gas Seeds Industry Co.案确认了Yuwon Construction案的欺诈例外，但实际上仍保留了Yuwon Construction Co.案关于欺诈例外的实际范围的决定。

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