DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
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Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor
The Bank of England reversed its plan to raise trade finance capital requirements from 20% to 50%, aligning with the EU approach but raising insurance-related requirements.
DCW Editorial Note: This previously unpublished material reflects the thinking and writing of Professor James E. Byrne over the period
Five draft opinions – some garnering much more attention than others – were finalized in an ICC Banking Commission quarterly discussion session
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