DCW Monthly: October Insights

Should "Negotiation" Continue to be a Form of Availability within UCP?

In the first of his series of DCW articles on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell examines the concept of negotiation.

We’re pleased to share the newest edition of DCW’s premium monthly content. This month’s highlights include:

Two Featured Articles
Seven Updates
Three new LC Court Case write-ups with expert analysis
LC Issuance Statistics: Ranking US banks by LC volume
The LC Scam Survey

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Let's dig in!

The Articles

Should "Negotiation" Continue to be a Form of Availability within UCP?

In the first of his series of DCW articles on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell examines the concept of negotiation.
DAVE MEYNELL

Notable Chinese Supreme People's Court Cases Involving Application of ISBP

Letter of credit cases can reveal a great deal about how the industry's practice rules and standards are viewed and interpreted by the courts.
SAIBO JIN

Updates

Litigation Digest

Australia and New Zealand Banking Group Ltd. Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2024]

Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor

Bayport Polymers LLC v. CB&I, LLC [2024]

Beneficiary Bayport Polymers appealed temporary injunction restraining presentation of LC documents.

World Fuel Services, Inc. v. First Service Bank [2024]

Issuer First Service Bank moved to dismiss wrongful dishonor complaint brought by World Fuel Services.

LC Issuance: Where does your bank rank?

LC Scam Survey

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