October 2025
DCW Monthly: October 2025
From digital trade to defense finance, this month we're looking at how law and policy continue to evolve
DCW Articles
Delhi High Court Decides for Beneficiary. What Took So Long?
The Indian judicial process can move at a sluggish pace, but the facts of this LC case suggest it should not have lingered. Ashish Madan considers the discrepancies and asks questions if other factors contributed to the delay.
5 min read
The judgment issued earlier this year in Kannu Exports v. Banque Nationale De Paris (Suisse) S.A.[[1]] concludes a more than two decades-long dispute between Banque Nationale De Paris (Suisse) (LC Issuing Bank) and Kannu Exports (Beneficiary). Upon presentation, Issuing Bank refused to pay under the LC issued subject to UCP500 in 1998, citing purported discrepancies. After a long wait, the case was decided ultimately in favour of the Beneficiary.
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DCW Articles
The French Adaptation of MLETR
France adopted law aligned with the UN Model Law on Electronic Transferable Records in 2024. As of August 2025, it now a degree which defines technical criteria for a reliable method to achieve the goals of the MLETR.
DCW Articles
Electronic Transport Documents from the MLEC to the MLETR
In many respects, the MLEC served as a starting point for treatment of electronic transport documents in the MLETR. This article explains the consistency of some provisions contained in the two Model Laws and areas where the MLETR differs and has advanced further.
DCW Conference Report
2025 London Trade Finance Compliance Annual Meeting: Executive Summary
The Institute of International Banking Law & Practice conducted its one-day London Trade Finance Compliance Annual Meeting, 30 September 2025. This summary provides an overview of topics discussed and debated by leading professionals at the program hosted by Stephenson Harwood as a hybrid event.
September 2025
DCW Monthly: September 2025
From London to New Delhi to New York, this issue brings together the latest laws, rulings, and rule-set debates in