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.
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.
In addition to treatment of two ICC Draft Opinions, highlighting the first day of the next ICC Banking Commission Meeting
Below please find the Conference Materials for the 2024 IIBLP conferences in NYC on October 29 and 30.
[2022] SGHC 213 [Singapore] Type of Lawsuit: Beneficiary sued Confirming Bank for wrongful dishonour (alleging breach of contract) after Confirming
120 A.D.3d 97, 988 N.Y.S.2d 593 (N.Y. App. Div. 2014) [USA] Topics: Strict Compliance;
933 So. 2d 337 (Ala.2006) [USA] Topics: Discrepancies; Beneficiary; Address; Cover Letter; Transmittal Letter; Course of Dealing; Compliance, Address
No. 147/2002 (N.Y. 2002) [U.S.A.] Topics: Summary Judgment; Wrongful Dishonor; Revolving LC; Anticipatory Repudiation; Collusion; Attorney’
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