Christopher Byrnes

2022 Amendments to the US Uniform Commercial Code (UCC)

DCW Announces Additions to Editorial Advisory Board

DCW is pleased to welcome Zahoor Dattu, Ahmir Mansoor, Glenn Ransier and Kristine Siebel to the Editorial Advisory Board.

Law Professional Convicted for Attempting to Mislead in Money Laundering Investigation

The UKs Serious Fraud Office (SFO) secured the conviction of solicitor William Osmond, who disclosed confidential details about a money laundering investigation and forged a legal document in an attempt to mislead authorities. Osmond was subsequently sentenced to nine months in prison.

ICC Briefing Takes Up Handling of Certificates under UCP600

Prompted by the perceived lack of general awareness of ISBP 821 provisions for handling certificates, the ICC Banking Commission addressed “Handling of Certificates under Documentary Credits subject to the UCP 600” in Technical Advisory Briefing No. 8 (TAB-8).

2023 Americas Standby Forum: Executive Summary

For the 17th consecutive year, the Institute of International Banking Law & Practice conducted its Americas Standby & Guarantee Forum on 11 October 2023. This summary provides an overview of topics discussed and debated at the program hosted by Hogan Lovells in New York and held as a hybrid event.

India Conducts Raids in USD 6.7 Billion LC Fraud Case

India’s Enforcement Directorate government agency has conducted a fresh set of searches against promoters and entities connected to Bhushan Steel Limited (BSL) as part of a money laundering probe related to an alleged INR 56,000 crore (USD 6.7 billion) bank fraud case.

Nimbus Communications Subject of CBI Fraud Case

Judgment for Confirming Bank that Dishonoured Complying Documents Reversed

In Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A., the Singapore Court of Appeal on 28 September 2023

Endorsement of a Paper Bill of Lading: What’s Permissible?

Creditors Label Vesttoo “the Madoff of Insurance”