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.
An April 2022 government-imposed ban on imported goods categorized as luxury items intended to curb the outflow of dwindling foreign exchange reserves will remain in effect until mid- July 2022, but traders are cautioning that contraband could flood the country to placate market shortages.
“As the government has ordered 100 percent margin amount to open a letter of credit to import alcohol, illegal imports through the open border with India have proliferated”, one businessperson told The Kathmandu Post.
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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