DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
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DCW Articles
‘Docs, or It Didn’t Happen’: Examining Misconceptions around Non-Documentary Conditions
Non-documentary conditions and the General Rule against them can be prone to unhelpful misconceptions, potentially resulting in problems.
DCW Articles
Under LC Rules, What is a Complying Certification of a Court Order?
Beyond questions on the rule of strict construction of LC terms, the In re Spiegel case should engender a discussion of the requirements of UCP vs. ISP on what certified means with respect to a government or court-issued document.
Commercial LCs
Letters of Credit*
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.