Documentary Credit World (Page 27)

Navigating turbulent waters: The Red Sea crisis and its impact on the fight against financial crime

Houthi attacks in the Red Sea have led to major disruptions in global trade routes. With increased criminal activity and reduced visibility, banks are under increased pressure to meet sanctions and counter terrorism requirements.

Claire Franklin, Isabel Baldock Sep 25, 2024

DCW Articles

Trade Finance Magic

Balancing wonder with accessibility is vital for innovation and ethical use of trade tech, especially as advancements transform trade finance, making it more efficient and secure.

Dave Meynell Sep 25, 2024

DCW Articles

Bangladesh: Then, Now, and the Impact on International Trade

Letters of credit represent the bulk of trade services offered by banks in Bangladesh and the country’s tense governmental transition has been closely watched by the industry. In this article, Bangladesh's political and economic challenges and their impact on trade are considered.

A.T.M. Nesarul Hoque Sep 25, 2024

DCW Litigation Digest

Experior Global Warehousing, LLC v. BTC III Hamilton DC LLC [2024]

Applicant motioned for preliminary injunction following failed mediation.

Matthew J Kozakowski Sep 25, 2024

DCW Litigation Digest

Banque De Commerce Et De Placements S.A. v. China Aviation Oil (Singapore) Corp. [2024]

Issuer sued beneficiary alleging sham transaction and breach of warranties; beneficiary and prior sellers lodged indemnification claims.

Matthew J Kozakowski Sep 25, 2024

IIBLP Books

ISP98 Official Commentary

DCW Newsroom Sep 4, 2024

IIBLP Books

Standby & Demand Guarantee Practice: Understanding UCP600, ISP98, & URDG 758

The IIBLP eBook comparing UCP600, ISP98, and URDG 758. A comprehensive user's guide for Standby LC and guarantee users.

DCW Newsroom Sep 3, 2024

DCW Articles

US UCC Article 5’s Non-Variable Provisions

How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.

Buddy Baker Aug 23, 2024

Jul/Aug 2024

Celestial Aviation Services Ltd. v. UniCredit Bank GmbH, London Branch [2024]

English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.

Matthew J Kozakowski Aug 22, 2024

DCW Feature

Pacific Atlantic Pipeline Construction Inc. v. Coastal Gaslink Ltd. [2024]

Canada's Court of Appeal of Alberta affirmed trial judgment, dismissing LC Applicant's appeal and terminating short term interim injunction.

Matthew J Kozakowski Aug 22, 2024

DCW Litigation Digest

Eurobank Ergasias S.A. v. Bombardier Inc. [2024]

The Canadian Supreme Court affirmed Quebec appellate and trial courts, upholding permanent injunction restraining Counter-Guarantor against payment of demand by Counter-Guarantee Beneficiary.