DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
Following his writing in the past two editions of DCW, Robert Parson examines legal developments on sanctions and sanctions clauses that have arisen in courts recently and implications for LC practice.
Francisco Rodriguez, a talented and dedicated trade finance specialist, passed away on 17 December 2024. He was 70 years of
A letter of credit scenario was discussed during a recent meeting of bankers involving a commercial LC calling for “Original
Working Group VI of the United Nations Commission on International Trade Law (UNCITRAL) held its 45th session, 9-13 December 2024,
The American Bankers Association (ABA) and The Bankers Association for Finance and Trade (BAFT), a prominent global association for international
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 3Q 2024.
A Chennai-based importer, its director, and six former officials of a company operating under the Indian government’s Ministry of
After receiving dozens of containers filled with soil, gravel and stones instead of the valuable natural minerals it had agreed
In October 2024, ICC printed its 2024 Trade Register Report and released access to it electronically thereafter.
In an attempt ensure global understanding of the wording “read in context with” as used in UCP600 Article 14(d)
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