How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
Canada's Court of Appeal of Alberta affirmed trial judgment, dismissing LC Applicant's appeal and terminating short term interim injunction.
Explore Tuvalu's journey towards digital transformation in international trade. Learn how UNCITRAL, in collaboration with global partners, supports legal reforms. Tuvalu adopts the UNCITRAL Electronic Transactions Bill, aligning with global standards for electronic commerce.
In June 2023, I was requested by the United Nations Commission on International Trade Law (UNCITRAL) to provide technical assistance to the Government of the nation state Tuvalu in the field of Electronic Commerce legislation. Having attended all UNCITRAL Electronic Commerce Working Groups sessions since 2014, most recently as the Australian representative, I have made contributions and gained insights into the latest texts of the Working Group. As such, it is timely to reflect on the utility of international trade generally, and of course, to smaller nations.
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
This Executive Summary provides an overview of topics discussed and debated by leading professionals at the conference.
Citing passage of the 2023 UK Electronic Trade Documents Act and building momentum across the legal, banking, business, and technology
United Nations Commission on International Trade Law (UNCITRAL) Working Group VI (Negotiable Cargo Documents) held its 44th Session at the
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