Latest news (Page 2)
India Takes Important Step toward New Bills of Lading Law
After some 169 years, India is on the cusp of having a new law for bills of lading.
Mexican Customs: Another Good Reason to Avoid Use of Drafts
When one LC specialist encountered delay after sending drafts and shipping documents to Mexico, the resounding suggestion from industry peers
DCSA+ Pulls Partners in, Leaves Banks Out
On 5 March 2025, the Digital Container Shipping Association (DCSA) based in The Netherlands announced launch of DCSA+, a new
Porch Group Settles with Vesttoo Creditors Liquidating Trust
Porch Group, which has pursued multiple lawsuits in attempting to recover heavy losses from the Vesttoo reinsurance letter of credit
Ee Hup Construction Pte Ltd. v. China Jingye Engineering Corp. [2025]
Applicant appealed Singapore trial court decision granting partial injunction on performance bond.
ERA Capital L.P. v. Soleil Chartered Bank [2024]
Bench trial for negligent misrepresentation claim by beneficiary against advising bank.
India’s CBI Seeks to Unravel Fraud Allegations in 2017 Case
India’s Central Bureau of Investigation (CBI) is looking into alleged collusion in a case initiated in 2017 relating to
Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
DCW Monthly: March 2025
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
Sanctions Clauses – Here to Stay, so How to Deal with Them?
Following his writing in the past two editions of DCW, Robert Parson examines legal developments on sanctions and sanctions clauses that have arisen in courts recently and implications for LC practice.
LC Statistics: 4Q24 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 4Q 2024.