Fraud

This Time, Canadian Supreme Court Denies Leave to Appeal LC Case

First Modular Gas Systems Ltd. v. Citibank Europe PLC [2023]

Canadian Supreme Court Affirms LC Fraud Finding in Eurobank Ergasia v. Bombardier

Ninety-Six Year Old, Two Others Sentenced in 1995 Fraud Case in India

AECOM Technical Services, Inc. v. Credit Agricole CIB [2023]

Macquarie Bank Ltd. v. Banque Cantonale Vaudoise [2024]

India’s CBI Initiates Probe of Swastic Coppers

Generation Next Fashions Ltd. v. JPMorgan Chase Bank, N.A. [2023]

Seller sued Collecting Bank for breach of URC 522

Crédit Agricole Corp. & Inv. Bank, Singapore Branch v. PPT Energy Trading Co. [2023]

The appeal in Zenrock. In a crude oil transaction, a bank issuing an LC accused the buyer of fraud, leading to dishonor of the LC; however, the court ruled in favor of the seller...

Chief Officers of Medical Services Company Plead Guilty to Accounts Receivable Factoring Fraud

North Asia Ltd. v. Jingdong e-Commerce (Trade) Hong Kong Corp. [2023]

UBAF (Hong Kong) Ltd. v. CAMA (Luoyang) Aviation Protective Equipment Co. & Luoyang Aviation Engineering Construction Co. [2020]

Local Guarantor petitioned for rehearing from the Supreme People’s Court of order for Counter Guarantor to terminate payment to Local Guarantor for having committed guarantee fraud and not acting in “good faith”.