DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
26 articles
DCW Articles
Analysis and Insights on ISP98 Rule 1.09(c): Electronic Presentations and "Electronic Record" Definition
Unpublished work by Prof. Byrne examines the first of four terms contained in ISP98 Rule 1.09(c) that provide terminology for use in standbys that permit or require presentation by non-paper means.
IIBLP Books
UCP600 Article 36: Force Majeure
An authoritative analytical commentary on UCP 600 Article 36, clarifying the legal and practical implications of force majeure in documentary
DCW Articles
Analysis and Insights on ISP98 Rule 4.18
Explore ISP98 Rule 4.18 on negotiable documents, addressing endorsement, presentation, and transfer in standbys, with analysis and insights.
DCW Feature
Analysis and Insights on ISP98 Rule 2.07
DCW Editorial Note: This previously unpublished material reflects the thinking and writing of Professor James E. Byrne over the period
DCW Articles
Analysis and Insights on ISP98 Rule 3.07
ISP98 Rule 3.07: Separateness of Each Presentation
2012 LC Trends Revisited
What to Watch For: Six Trends in Letter of Credit Practice (2012)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
DCW Articles
ISP98 Rule 1.04: Analysis and Insights
Unpublished work by Prof. Byrne examines ISP98 Rule 1.04's impact and particular rules, crucial for standby agreement stakeholders.
DCW Feature
Analysis and Insights on ISP98 Rule 1.02
ISP98 Rule 1.02: Relationship to Law and Other Rules
ISP98
ISP98 Interpretation 3: Does Standby also Include Confirmation
In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the
ISP98 Interpretation
ISP98 Interpretation 2: PRC Independent Guarantee Provisions and ISP98
In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the
ISP98
ISP98 Interpretation 1: Application to Independent Guarantees
In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the
ISP98 Model Forms
ISP98 Form 1 - Model SBLC with Payment Demand
ISP98 Model Form 1 is a template for a Standby Letter of Credit (SBLC) that also incorporates an annexed Form of Payment Demand with Statement.