Standby & Demand Guarantee Practice: Understanding UCP600, ISP98, & URDG 758
The IIBLP eBook comparing UCP600, ISP98, and URDG 758. A comprehensive user's guide for Standby LC and guarantee users.
LC Statistics: 1Q24 US Bank LC Issuance
DCW reports quarterly LC issuance statistics from the top 600 banks headquartered in the U.S.
EU Adopts New Round of Sanctions Directed at Russia
On 24 June 2024, the European Union adopted its 14th round of sanctions (EU Regulation 2024/1745), amending EU Regulation
Will A Model SBLC Form Energize eUCP Use?
Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for
Digital Trade Finance Puzzle Coming into Focus
Citing passage of the 2023 UK Electronic Trade Documents Act and building momentum across the legal, banking, business, and technology
English Court Reverses Celestial; UniCredit Right to Refuse Payment
In a high profile case involving standby letters of credit issued in connection with aircraft leases to Russian airlines and
Hindsight since 2020: Market Trends Shaping Standby Practice
The onset of the global pandemic in March 2020 necessitated immediate and sometimes drastic changes in how banks and other
UNCITRAL Project on Negotiable Cargo Documents
United Nations Commission on International Trade Law (UNCITRAL) Working Group VI (Negotiable Cargo Documents) held its 44th Session at the
Court Rules Ukraine, Not England, Right Venue for Aircraft Disputes
England and Wales’ High Court of Justice has determined that legal proceedings between aircraft leasing companies and insurers over aircraft
OFAC Broadens Sanctions Targeting Houthi Network
On 10 June 2024, the US Treasury’s Office of Foreign Assets Control (OFAC) designated for sanctions ten individuals, entities,