DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
Following his writing in the past two editions of DCW, Robert Parson examines legal developments on sanctions and sanctions clauses that have arisen in courts recently and implications for LC practice.
Part 1 Executive Summary of IIBLP's Americas Annual LC Survey in 2023
The historical challenges of suretyship in English law, emphasizing the need for modernizing guarantee forms. Recent cases, like Shanghai Shipyard, underscore the importance of clarity.
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?
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