Standby & Guarantee Forum: November 4 Cases: * Illinois DNR v. Regions Bank – DCW Analysis * DJY v. DJZ – Full Text * Litasco
US Rev UCC 5-108(g) states: “If an undertaking constituting a letter of credit under Section 5‑102(a)(10)
After months of depleting US dollar reserves and denial of importers’ LCs amid the country’s dire foreign currency crisis, some Sri Lankan banks have managed to honour LCs.
SRI LANKA: After months of depleting US dollar reserves and denial of importers’ LCs amid the country’s dire foreign currency crisis, some Sri Lankan banks have managed to honour LCs.
The situation remains severe with foreign banks refusing to confirm LCs issued by Sri Lankan state banks and the country unable to open LCs to import fuel with oil suppliers also rejecting them.
When businesspeople engage in mutual business dealings and loans to each other under multiple corporate entities they operate but their
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
Documentary Credit World is pleased to announce the addition of Edward R. Stoltenberg to our Editorial Advisory Board (EAB). Edward
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
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