DCW Litigation Digest

Glacier Bear Retreat, LLC v. Dusek [2023]

Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch [2023 EWHC 663]

💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 663 Type of Lawsuit: Beneficiaries sued Confirming Bank that

Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch [2023 EWHC 1071]

💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 1071 Type of Lawsuit: Subsequent hearing on an ancillary

Kuliarchar Sea Foods (Cox’s Bazar) Ltd. v. Soleil Chartered Bank [2023]

Seller/Beneficiary moved for default judgment; Issuer alleged previous order required correction.

Amboy Bank v. M.V.N. Homes Inc. [2022]

Issuer sued Applicant for reimbursement.

Almond Ailments: Seller Finds Jurisdiction a Tough Nut to Crack

Does an NY court have jurisdiction over an Indian collecting bank that is alleged to have violated the URC 522 for neither collecting and remitting funds to pay for shipments?

UniCredit Bank A.G. v. Glencore Singapore Pte. Ltd. [2022]

Unreimbursed LC Issuer alleged sham transaction between Beneficiary and insolvent Applicant.

Heytex Bramsche GMBH v. Unity Trade Capital Ltd. [2022]

Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?

Standard Chartered Bank (Singapore) Ltd. v. Maersk Tankers Singapore Pte. Ltd. [2022]

Beneficiary Lodged Creditor's petition against insolvent Non-Bank Issuer alleging wrongful dishonour.

Celestial Aviation v. UniCredit -- 5 May 2023 Case Text

Lexon Insurance Co. v. FDIC [2021]

Beneficiary argued that LCs are not contracts or leases and that FDIC as Receiver of closed Issuer lacked the authority to repudiate.