This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.
With the causation defence being increasingly engaged in misdelivery cases, there is a great deal for banks and shipowners to learn from The “Maersk Katalin” case.
Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
Summary takeaways from the ICC Banking Commission Technical Meeting
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