DCW Updates
DCW Monthly: September 2025
From London to New Delhi to New York, this issue brings together the latest laws, rulings, and rule-set debates in
ISP98
44 articles
(Page 4)
DCW Updates
Successor by Operation of Law and Amendments
In a recent discussion, standby specialists took up the matter of a US issuer of a non-transferable standby being presented
DCW Articles
Originality of Paper and Electronic Documents (Part 2)
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of a three part series.
DCW Articles
Analysis of Lessons Learnt From Natixis v. BNP From a Different Perspective
Analysis of Natixis, New York Branch v. BNP Paribas case. Insights on acknowledging notice of assignment, setoff rights, and lessons for LC issuing banks. Learn more about structuring SBLCs effectively
DCW Articles
A Chinese Perspective on Assignment of Proceeds and Nomination Matters in BNP V. Natixis
The BNP v. Natixis case involved the assignment of letter of credit (LC) proceeds and nomination under an LC, raising legal considerations. The court ruled in favor of the assignee (BNP), stating that Natixis waived any right to setoff when accepting the assignment. A Chinese law view
DCW Articles
Independent vs. Accessory Guarantees – a Tale of Two Cases: Shanghai Shipyard and Bank Audi
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
