The “Dark Fleet” exposes financial institutions to sanctions violations, lawsuits, and losses. Learn how to mitigate these hidden risks.
DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
We’re excited to announce an exclusive new benefit for DCW subscribers—select IIBLP eBooks are now included as part
DCW Editorial Note: This previously unpublished material reflects the thinking and writing of Professor James E. Byrne over the period
ISP98 Rule 3.07: Separateness of Each Presentation
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
Unpublished work by Prof. Byrne examines ISP98 Rule 1.04's impact and particular rules, crucial for standby agreement stakeholders.
ISP98 Rule 1.02: Relationship to Law and Other Rules
The definition of “Banking Day” in UCP600 Article 2 ¶ 3 requires interested and affected parties to look outside the terms of the UCP to determine what days are actually banking days.
Instructions Before the standby is issued, please note the following edits, updates or changes to review: * all text in [bold]
How LC Proceeds Impact Bankruptcy Damage Caps: Explore how a U.S. court ruled LC proceeds as security deposits under bankruptcy caps, reshaping landlord claims and issuer risks.
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