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.
DCW Litigation Digest
Heytex Bramsche GMBH v. Unity Trade Capital Ltd. [2022]
Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?
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Free this month
ICC Announces Standard API for Attachments of Trade Finance Instruments
Further to a past update on ICC efforts to develop standard API for trade finance instruments in cooperation with SWIFT,
DCW Litigation Digest
Majestic Rayon Corp. v. Soho Office Suites, LLC
Landlord sued Lessee for use and occupancy of commercial lease.
DCW Litigation Digest
Bintai Kindenko Pte Ltd. v. Samsung C&T Corp.
On appeal, Court considered whether trial court: erred in holding that Subcontractor/Applicant was contractually precluded from relying on the unconscionability exception; correctly held that Contractor/Beneficiary’s demand was not fraudulent; and erred in declining to discharge the injunction.
DCW Articles
The Road Map to a Draft-less UCP
The ICC has neither accepted the draft as a standard requirement, nor have they been successful in casting it out from LC practice. This article is an attempt to resolve the confusion and place bills of exchange laws and the UCP in their proper perspectives.