Join us next week for a free webinar hosted by the Association of Trade Finance Compliance Professionals, exploring recent court
Pro se Beneficiary sued Issuer for wrongful dishonor.
Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?
Developer Greth Development secured a letter of credit from Tompkins Financial to ensure completion of a townhouse project for Windsor Township. After project delays and a breach, Windsor sued the developer and demanded payment from Tompkins, who refused.
In the latest of its ongoing series of technical advisory briefings released on 27 June 2022, the ICC Banking Commission addressed the subject of “Reducing Discrepancy Rates under Documentary Credits” (TAB-3)
Another scenario discussed in the meeting of US west coast bankers centered around a commercial LC requiring under 46A: 1.
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