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.
Operating on the premise that the trade finance industry currently lacks a standard document exchange proposition for trade finance instruments,
Blockchain-based electronic bill of lading platform, WaveBL has announced completion of its proof of value (POV) testing with Swift, five
Seeking to further eliminate options for Russia’s use of the international financial system, the US Treasury’s Office of
This Executive Summary provides an overview of topics discussed and debated by leading professionals at the conference.
ICC TAB 9 points out that there is a risk of documents being presented to more than one bank at the same time, especially under an LC that is freely negotiable, but it stops short of making any recommendations for avoiding this risk. Here’s my suggestion.
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.
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
The ICC announced on 13 August 2023 release of the first application programming interface (API) industry standards for bank guarantees
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?
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
