DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
DCW Litigation Digest
Amboy Bank v. M.V.N. Homes Inc. [2022]
Issuer sued Applicant for reimbursement.
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DCW Litigation Digest
Majestic Rayon Corp. v. Soho Office Suites, LLC
Landlord sued Lessee for use and occupancy of commercial lease.
DCW Litigation Digest
Bintai Kindenko Pte Ltd. v. Samsung C&T Corp.
On appeal, Court considered whether trial court: erred in holding that Subcontractor/Applicant was contractually precluded from relying on the unconscionability exception; correctly held that Contractor/Beneficiary’s demand was not fraudulent; and erred in declining to discharge the injunction.
DCW Litigation Digest
Tracy v. Surofchek [2025]
Appeal of denied bill of costs obtaining supersedeas LC.
DCW Updates
Discussion Exposes Troubling Standby Wording and Choice of Rules
In a recent discussion, LC specialists were asked if they would be willing to issue a standby LC subject to
