DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
Following his writing in the past two editions of DCW, Robert Parson examines legal developments on sanctions and sanctions clauses that have arisen in courts recently and implications for LC practice.
In the fourth instalment of his DCW article series on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell reinforces the case for simple documentary credits and offers tips on how to construct them.
Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for
A member of the ISP drafting group offers perspective on the vision, birth, development, and future of the international rules built 25 years ago for standby LC practice.
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of a three part series.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of a three part series.
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