This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.
With the causation defence being increasingly engaged in misdelivery cases, there is a great deal for banks and shipowners to learn from The “Maersk Katalin” case.
An April 2022 government-imposed ban on imported goods categorized as luxury items intended to curb the outflow of dwindling foreign
Sri Lanka’s Power and Energy Minister has sought Cabinet approval for emergency purchases of coal, but importers have been informed by People’s Bank that it is not possible to open LCs.
Perceiving a need among the letter of credit community for guidance on interpretation of the phrase “without delay” regarding the
Online training provider Coastline Solutions has rolled out their Supply Chain Finance course.
Global trade bankers in the US are reporting that certain documents and packages sent to destinations in the People’s
New York County’s Supreme Court has rejected an Indian issuing bank’s motion to dismiss a complaint regarding an
In February 2022, digital platform TradeLens announced successful completion of an LC transacted with HSBC and Syngenta using a digital
Citing an inability to find an appropriate payment arrangement, would-be purchasers of discounted Russian thermal coal based in Asia have
On 20 April 2022, U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Russian bank,
On 8 April 2022, the Council of the European Union imposed restrictive measures against an additional 217 individuals and 18
Celestial Aviation Services, a subsidiary of Irish-based aircraft leasing giant AerCap, filed a USD 45.8m suit in London High
The Institute of International Banking Law & Practice (IIBLP) has named Moses & Singer LLP Partner Michael Evan Avidon as
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