July 2026
DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
346 articles
(Page 29)
DCW Updates
NY Supreme Court Grants Summary Judgment to BNP
The Supreme Court of New York issued decisions granting summary judgment to BNP Paribas for more than USD 46 million plus interest against Natixis.
DCW Updates
ICC Technical Advisory Briefing No. 1 (TAB-1) - on Non-Documentary Conditions
The ICC Banking Commission released its “Technical Advisory Briefing No. 1” on the topic of Non-Documentary conditions in Documentary Credits subject to UCP 600.
DCW Updates
Sri Lanka: Importers now Insisting on Confirmed LCs
As the country’s foreign exchange shortage worsens, regular suppliers of imports who previously extended credit terms are now insisting on confirmed LCs.
DCW Updates
Stevenson Appointed SVP of Trade at BAFT
Longtime trade finance expert Scott Stevenson joined BAFT as Senior Vice President of Trade in 2021.
DCW Updates
Joint Motion for Protective Order Granted in Zions
US Court granted a joint motion for a protective order in breach of contract action Zions v. JPMorgan.
DCW Updates
Additional ICC Technical Advisory Briefing Topics Identified
Following the release of TAB-1, the ICC announced three future TABs for 2023 and beyond.
DCW Conference Report
October 2021 ICC Banking Commission Technical Meeting: Executive Summary
The ICC Banking Commission held its 2021 Technical Meeting in a virtual setting conducted via the Zoom online platform on 6-7 October.
DCW Conference Report
Summary of 2021 ICC Banking Commission Annual Meeting
The prolonged worldwide pandemic caused the ICC Banking Commission to hold its 2021 Annual Meeting as a virtual event conducted via the Zoom online platform, 30-31 March.
DCW Updates
Making the Case for Simplified LCs
Speaking at the March 2021 meeting of the BAFT West Coast LC Committee, guest speaker Buddy Baker renewed his advocacy
Jul/Aug 2006
Inoperative Conditions
So-called “inoperative conditions” regularly trouble LC users because there are both appropriate and inappropriate ways of utilizing them. Such