James G. Barnes practices law as senior counsel in the Chicago office of Baker & McKenzie. He represents bank and non-bank clients in commercial and financial transactions and acts as special counsel or expert witness in disputes involving letters of credit and other independent undertakings. He graduated from Yale University and the University of Michigan Law School (1966). He chaired the Letter of Credit Subcommittee of the ABA's UCC Committee from 1991-96. He was a U.S. delegate to the UNCITRAL Working Group that drafted the 1995 United Nations Convention on Independent Guarantees and Stand-by Letters of Credit. He served as vice chair of the International Standby Practices Drafting Committee and edited the Official Commentary on ISP 98. He was a member of the Task Force that studied UCC Article 5 during 1987-89 and was an Advisor in the 1991-95 revision of UCC Article 5, representing the letter of credit bankers''association (the IFSA) in the 1993-1995 phase of that revision. He is a member of the ICC (International Chamber of Commerce) Banking Commission and serves on its Consultative Group for the revision of UCP500. He co-authored the book, The ABC's of the UCC: Article 5 (1998), and co-authors with Professor James E. Byrne the annual survey of developments in letter of credit law for the Business Lawyer.