DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
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DCW Articles
Letters of Credit
In the latest installment of this annual survey article series, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2024.
DCW Updates
Trafigura Wins Nickel Fraud Case, Recovery Process Begins
In Trafigura PTE Ltd. v. Gupta[[1]], a London High Court ruled in favor of Trafigura in its USD 500
DCW Conference Report
2025 ABA Financial Crimes Enforcement Conference: Executive Summary
The American Bankers Association’s 37th Financial Crimes Enforcement Conference took place in Arlington, Virginia in October 2025, as banks and regulators grappled with AML reform, rising fraud, stablecoins, and the growing impact of AI on financial crime controls.
DCW Updates
Selling LCs Short … and Wrong
Misrepresentation of how letters of credit are used has sadly plagued the industry for decades. We are all too familiar