DCW Monthly: August 2025
From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’
💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 663 Type of Lawsuit: Beneficiaries sued Confirming Bank that
💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 1071 Type of Lawsuit: Subsequent hearing on an ancillary
Seller/Beneficiary moved for default judgment; Issuer alleged previous order required correction.
Issuer sued Applicant for reimbursement.
Unreimbursed LC Issuer alleged sham transaction between Beneficiary and insolvent Applicant.
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