ISP98

Analysis and Insights on ISP98 Rule 4.18

Explore ISP98 Rule 4.18 on negotiable documents, addressing endorsement, presentation, and transfer in standbys, with analysis and insights.

James Byrne Dec 18, 2024

DCW Conference Report

2024 Americas LC Law Summit: Executive Summary

For the 25th consecutive year, the Institute of International Banking Law & Practice conducted its one-day Letter of Credit Law Summit. This Executive Summary provides an overview of topics discussed and debated at the conference hosted by Hogan Lovells in New York and conducted as a hybrid event.

Christopher Byrnes Dec 18, 2024

DCW Feature

Australia and New Zealand Banking Group Ltd. Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2023]

Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor

Saibo Jin Oct 24, 2024

DCW Feature

Analysis and Insights on ISP98 Rule 2.07

DCW Editorial Note: This previously unpublished material reflects the thinking and writing of Professor James E. Byrne over the period

James Byrne Sep 25, 2024

DCW Articles

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.

Buddy Baker Aug 23, 2024

DCW Updates

Will A Model SBLC Form Energize eUCP Use?

Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for

DCW Newsroom Aug 22, 2024

DCW Updates

Hindsight since 2020: Market Trends Shaping Standby Practice

The onset of the global pandemic in March 2020 necessitated immediate and sometimes drastic changes in how banks and other

DCW Newsroom Jun 25, 2024

DCW Articles

ISP98, A Success Story

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.