DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
The views expressed by the authors in this publication do not represent their employers or any agency. Any content should
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
The Central Bank of Egypt announced in a statement released on 27 October 2022 that it will begin a process of phasing out mandatory use of LCs for import finance by December 2022.
The policy, implemented in March 2022, was designed to curtail US dollar outflow but instead stifled imports resulting in severe shortages of consumer goods.
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note regarding
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