Karl Marxen - Documentary Credit World

DCW Monthly: July 2026

Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never

Chris Sandler Jul 21, 2026

DCW Updates

Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court

In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not

DCW Newsroom Jul 20, 2026

DCW Updates

Unassignable Guarantees & Applicable Law

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

Christopher Byrnes Jul 20, 2026

Karl is an attorney working in Germany at Volkswagen as in-house counsel in international trade finance and commercial law. He is a senior research associate at the University of Johannesburg and the past Director of Legal Research at IIBLP.

1 article

DCW Litigation Digest

Petefish Skiles & Co v. Meads-Maes USA Chiren Joint Venture Company [2025]

Case raises important questions and concerns about a URDG guarantee issuer’s obligations and distinguishing an independent bank guarantee from an escrow account arrangement.

Karl Marxen Jan 16, 2026