Doctrine Of Subrogation: Application To Letters Of Credit And Bank Guaranties. This thirteen-page graduate paper analyzes to what extent, if at all, should the doctrine of subrogation apply to letters of credit and bank guaranties. 13 pgs. Bibliography lists 5 sources. Pages: 13 Bibliography: 5 source(s) listed Filename: 5396 Application Bank Guaranties.doc Price: 116.35