Join us next week for a free webinar hosted by the Association of Trade Finance Compliance Professionals, exploring recent court
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”.
The Windsor Township v. Tompkins Financial Corp. case emphasizes the significance of original letters of credit but questions their necessity in modern electronic transactions.
This survey concentrates on the most significant letter of credit (“LC”)1 issues addressed in cases decided in the United
ARSS – SIPS (JV) v. Union of India involving the seeking of an injunction on payment under a performance guarantee was heard by the Honourable Shri Sanjay K. Agrawal and Shri Arvind Singh Chandel of the High Court of Chhattisgarh at Bilaspur.
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