Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
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.
Two Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
Seller sued Collecting Bank for breach of URC 522
ICC republished four guidance papers on recommended principles and usages around the UCP600 rules in February 2023. The collection of
Letters of credit have been around for decades, probably since the 19th Century or earlier. We are now in the
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