Standby & Guarantee Forum: November 4 Cases: * Illinois DNR v. Regions Bank – DCW Analysis * DJY v. DJZ – Full Text * Litasco
US Rev UCC 5-108(g) states: “If an undertaking constituting a letter of credit under Section 5‑102(a)(10)
The High Court of Chhattisgarh, Bilaspur, has dismissed an arbitration appeal against a commercial court order, rejecting an application to enjoin payment of a performance bank guarantee.
The High Court of Chhattisgarh, Bilaspur, has dismissed an arbitration appeal against a commercial court order, rejecting an application to enjoin payment of a performance bank guarantee. In ARSS – SIPS (JV) v. Union of India, the High Court determined that the commercial court “rightly held that the appellants have failed to plead and establish the grounds of ‘fraud’, ‘special equity’ and ‘irretrievable injustice’ to the appellants for seeking interim injunction against the enforcement of bank guarantee.”
When businesspeople engage in mutual business dealings and loans to each other under multiple corporate entities they operate but their
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
Documentary Credit World is pleased to announce the addition of Edward R. Stoltenberg to our Editorial Advisory Board (EAB). Edward
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
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