Autonomy (Independence)

Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch [2023 EWHC 663]

💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 663 Type of Lawsuit: Beneficiaries sued Confirming Bank that

Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch [2023 EWHC 1071]

💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 1071 Type of Lawsuit: Subsequent hearing on an ancillary

Heytex Bramsche GMBH v. Unity Trade Capital Ltd. [2022]

Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?

Indian High Court Reverses Order, Denies Injunction

In Wellington Cantonment Board v. Gharpure Engineering & Constructions, the Madras High Court (India) set aside a District Judge order

Letters of Credit: 2021 Cases*

A review of the significant LC cases from 2021.

Uitspan Colliery (Pty) Ltd v Lombard Insurance Company Ltd [2022]

Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A. [2022]

Independent vs. Accessory Guarantees – a Tale of Two Cases: Shanghai Shipyard and Bank Audi

Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.

Independent or Not? French Court Decides on Disputed Bank Guarantee

In McNeil & NRM Inc. v. SA Bank Audi France, the court ruled on a dispute over an advance payment guarantee. The case highlights the importance of precise guarantee wording and adherence to standard practices in international transactions.

Vanpoy Corp., S.R.L. v. Soleil Chartered Bank [2022]

Aviation Company Says Bank Wrongfully Dishonored LCs Backing Russian-Leased Planes

Celestial Aviation Services, a subsidiary of Irish-based aircraft leasing giant AerCap, filed a USD 45.8m suit in London High

Castleton Commodities Merchant Trading, L.P. v. Soleil Chartered Bank [2020]