DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
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💡The “Jeil Crystal” [2024] [2024] SGHC 74 [Singapore] Type of Case: Issuer sued Vessel Owner for misdelivery; Vessel Owner alleged
Explores the legal intricacies of letters of credit in bankruptcy through notable Chinese court cases, highlighting the risks banks face and the importance of collateral in LC transactions.
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