China
Telex Release: a Viable Alternative to LOI?
DCW readers are aware of several recent court cases which have illustrated the problems that can emerge for trade finance
UNCITRAL’s Draft Convention on Negotiable Cargo Documents Entering Final Phase
Working Group VI of the United Nations Commission on International Trade Law (UNCITRAL) held its 45th session, 9-13 December 2024,
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.
UNCITRAL Project on Negotiable Cargo Documents
United Nations Commission on International Trade Law (UNCITRAL) Working Group VI (Negotiable Cargo Documents) held its 44th Session at the
Letter Of Credit Court Cases Under Chinese Bankruptcy Law And Procedures: A Review And Analysis
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.
MLETR Capacity Building
Asian Development Bank and partners organized an event in Beijing advocating for MLETR adoption in China, addressing challenges posed by fragmented legislation, and highlighting rapid growth in electronic transactions.
Warehouse Woes: Is Foshan to be the Next Qingdao?
Another troubling commodities financing controversy is unfolding in China that bears stark similarities to the Qingdao warehouse scandal of 2014,
Jin Provides Update on Standby LC Cases of Significance in China
Prominent Chinese lawyer Saibo Jin alerted delegates at the IIBLP Annual Survey of LC Law & Practice in Hong Kong
December 2022 - ABA/ABA Financial Crimes Enforcement Conference: Executive Summary
24 concurrent breakout sessions addressing a wide range of specific areas impacting financial crime enforcement, and breakfast and luncheon presentations.
Understanding and Application of the Right of Recourse Under the PRC Supreme People’s Court’s Guarantee Rules
Exploring the guarantor's right of recourse, analyzing legal concepts, international banking practices, and banking structures in China. Specifically guarantees and counter guarantees.
