Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor
Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for
UCP Revision – Hot Topics from Practitioners! DCW is pleased to announce a new section of the journal where experienced practitioners
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.
The silent confirmation market is still active and prevalent for LCs in Asian countries as silent confirmation is one of the means for a beneficiary to mitigate issuing bank and country risk when it does not want other banks to confirm its credit.
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