DCW Monthly: June 2025

This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.

Chris Sandler Jun 13, 2025

A Critical Review of ICC Opinion TA.948

Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.

Rupnarayan Bose Jun 13, 2025

DCW Updates

English Court Rules for Lenders in Russian Aircraft Lessor Policy Claims

In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft

DCW Newsroom Jun 13, 2025

DCW Updates

Canadian Company’s Operations Suspended Due to Expired LC

DCW Newsroom Mar 12, 2025

Best Theratronics Ltd., a Canadian-based manufacturer of equipment used to treat cancer, is prohibited from resuming operations at its plant in Ottawa until proving it has a financial guarantee to decommission the plant, according to the Canadian Nuclear Safety Commission (CNSC).