October 2025
DCW Monthly: December 2025
As the year draws to a close, this month’s DCW focuses on the issues likely to carry into 2026.
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DCW Litigation Digest
Luoyang Aviation Construction Co. v. Korea Kookmin Bank [2025]
Case heard by China's Supreme People’s Court deals with questions regarding alleged fraud and the nature of a transferable credit under UCP600 Article 38.
DCW Updates
Singapore Court Affirms Judgment, Rejects Applicant’s ISP98 Arguments
In DJY v. DJZ[[1]] involving a standby letter of credit, the Appellate Division of Singapore’s High Court dismissed
DCW Litigation Digest
ANZ Bank, Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2024]
Retrial application dismissed in case involving a dispute over alleged fraud and application the PRC Independent Guarantee Provisions to a standby LC governed by ISP98.
DCW Litigation Digest
Ryobi Tactics Pte Ltd. v. UES Holdings Pte Ltd.
Applicant sued, claiming that demands on four performance bonds were unconscionable.