René Bricault - Documentary Credit World

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Sanctions Clauses

Sanctions Clauses in Trade Finance Instruments

Sanctions clauses that are wisely or imprudently constructed continue to be inserted into trade finance instruments and may heavily impact the legal rights and transactional obligations of involved parties.

Christopher Byrnes, Khalil Matar Jul 9, 2024

DCW Updates

Dave Meynell Reacts to June 2024 DCW Articles

Various articles from the June 2024 edition of DCW caught the attention of ICC Banking Commission Senior Technical Advisor Dave Meynell who offers the following comments.

Dave Meynell Jul 8, 2024

June 2024

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

DCW Newsroom Jun 25, 2024

René Bricault (CSDG) has worked in trade finance as Expert Advisor for Standby Letters of Credit and Demand Guarantees for 15 years. He has held the CSDG designation since 2015.

1 article

The 2-in-1 Standby – a Sound Option or Specious Shortcut?

DCW Articles

The 2-in-1 Standby – a Sound Option or Specious Shortcut?

The 2-in-1 Standby: a Bid Standby that converts into a longer- term Performance Standby if certain conditions are met.

Scott Scrosati, René Bricault Jul 19, 2023