Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
In a development related to past reporting of standby and bond usage at the municipal level in Canada, the Canadian province of Ontario has proposed a regulation under its planning laws that would authorize landowners to request use of surety bonds instead of letters of credit for securing municipal obligations that are often required for land-use planning approvals.
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