DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
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DCW Updates
Court’s Interpretation of LC as Conditional Form of Payment Benefits Seller
Even if a seller is responsible for an LC issuing bank’s failure or refusal to pay because it did
DCW Updates
English Court Decides on Legal Nature of “Classic Performance Bond”
In Power Projects Sanayi Insaat Ticaret Ltd v. Star Assurance Co Ltd,[[1]] the English Commercial Court held that under
DCW Articles
Letters of Credit
In the latest installment of this annual survey article series, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2024.
DCW Updates
Trafigura Wins Nickel Fraud Case, Recovery Process Begins
In Trafigura PTE Ltd. v. Gupta[[1]], a London High Court ruled in favor of Trafigura in its USD 500