In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not
Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and
China’s revision of its Maritime Law which took effect 1 May 2026 not only ushered in enhancements of parties’
Surrendered bills of lading are not addressed in UCP or ISBP, so ICC was approached to opine on the topic. Kim Sindberg details the initial ask and the guidance ultimately given.
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