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.
Citing inflation as a major challenge in the coming months, Bangladesh’s Metropolitan Chamber of Commerce and Industry (MCCI) recommended controlling the import of unnecessary goods and the need to exercise caution when opening letters of credit in its “Review of economic situation in Bangladesh: January-March 2022.”
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
In 2022, the ICC Banking Commission began handling and discussing ICC Opinions on a quarterly basis instead of on a
A presentation made at a recent meeting of LC bankers offered insights regarding specialists’ understanding of US regulatory requirements with
After an adverse judgment levied civil sanctions against Marshall Spiegel (Debtor) for vexatious and abusive litigation practices, Debtor/Applicant applied
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