US UCC Article 5’s Non-Variable Provisions
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for
The onset of the global pandemic in March 2020 necessitated immediate and sometimes drastic changes in how banks and other
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.
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
ISP98 Rule 3.07: Separateness of Each Presentation
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
The transition from UCP to ISP that revolutionized trade in Japan.
Sign up to receive occasional DCW emails highlighting content