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.
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on 5 August 2025. The Draft Opinions were released in early June for ICC National Committees (NCs) for review and comment. Feedback is due to the ICC Technical Advisory Team on or before 22 July.
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note regarding
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
