Latest news (Page 40)

An Embedded Thorny Clause to Clear Payment of Standby

Issuing bank received a timely demand that complied with the standby. However, on the beneficiary’s cover letter, the payment instruction request to remit payment to their account with a different bank than what is stated on the certification.

Lack of Funds, Not Force Majeure Event, Prevent Oil Trader from Paying

EBRD Trade Facilitation Programme Boosts Support for Ukraine

Introducing the Bank Payment Undertaking

Cautionary Sanctions Clauses

Chief Officers of Medical Services Company Plead Guilty to Accounts Receivable Factoring Fraud

Ground Rules for ISBP Review Process Disclosed

One Step Up Ltd. v. Manhattan Beachwear, Inc. [2023]

North Asia Ltd. v. Jingdong e-Commerce (Trade) Hong Kong Corp. [2023]

Singapore LC Market Reacts to Credit Agricole Case Reversal

ICC Draft Opinions Discussed at January 2024 Session