This month, we're spotlighting the challenges and hard-earned lessons emerging from LC disputes and sanctions enforcement crackdowns. Carter
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
Explores the legal intricacies of letters of credit in bankruptcy through notable Chinese court cases, highlighting the risks banks face and the importance of collateral in LC transactions.
U.S. Bankruptcy law and letters of credit fit uneasily together since each set of laws generally ignores the other.
The transition from UCP to ISP that revolutionized trade in Japan.
From Concept to Adoption: the genesis and global impact of ISP98 in international banking law & practice.
Unpublished work by Prof. Byrne examines ISP98 Rule 1.04's impact and particular rules, crucial for standby agreement stakeholders.
Key takeaways from the US Treasury Report on money laundering risks and threats.
Learnings and reflections from the Kuvera Resources v. JPMorgan Chase appeal from 2023.
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
Alignment between UK Electronic Trade Documents Act 2023 and MLETR. Criteria for electronic trade document reliability, the Act's impact on eUCP, and systems for digitising trade.
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.
ISP98 Rule 1.02: Relationship to Law and Other Rules
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