Christopher Byrnes

Unassignable Guarantees & Applicable Law

Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and

ICC Releases Draft Opinions for July 2026 Discussion

Six Draft Opinions will be taken up by the ICC Banking Commission at its next quarterly Technical Advisory meeting on

Assessing Where eBL Adoption Stands & How to Advance It

Through real-time feedback from hundreds of industry specialists, a recent webinar conducted by Enigio attempted to capture prevailing attitudes

Diverse Views Define UCP Revision Voting

There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,

ICC Unveils Two-Year UCP, ISBP Action Plan

Billed as a deliberate shift from rule revision to rule optimisation, the ICC Banking Commission’s 2026-2027 Action Plan

Court Denies CCBC’s Motion, NY Discovery Applies

In White Rock Insurance (SAC) Ltd. v. China Construction Bank Corp., the New York State Supreme Court denied China Construction

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

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

Bonded Warehouse Facilities Must be Modernized

Abuse of bonded warehouse facilities by Bangladesh’s readymade garments industry has been gotten worse since the 1990s. By one

ICC Finalizes Opinion on B/L Freight Details

At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It

ICC NCs to Comment on Future of UCP600, ISBP

Following its January 2026 quarterly discussion session, the ICC released on 11 February 2026 results and points of analysis from

TAB-17 Addresses Handling Surrendered Bills of Lading