Like certain other terms used in the LC and guarantee field, “assignable” can mean different things to different parties. Glenn Ransier reviews what the practice rules say and the importance of clarity.
The views expressed by the authors in this publication do not represent their employers, any entity, government, or agency. Any
The legal consequences of backdating paper bills of lading under letters of credit and use of surrendered bills of lading emerge from the China case, Ningbo Nanheng Import and Export Co. Ltd. v. Shinhan Bank Co.
Question: When it comes to Islamic trade finance transactions, are Islamic banks at a higher risk for trade compliance/TBML
Favorable power costs and relatively low land prices are two factors that have attracted cryptocurrency miners to the US state
The Trade Finance community has lost not only a great expert, but also a warm personality. Hugo Verschoren started his
Following a career of more than 50 years as a lawyer, including more than three decades concentrating on letters of
Very few banks will now issue an LC using the SWIFT MT799 format as most banks, especially in Europe, will
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
In a recent discussion, standby specialists took up the matter of a US issuer of a non-transferable standby being presented
The ICC Banking Commission addresses the subject of “Modifications and Exclusions under Documentary Credits subject to UCP 600” in Technical
Exploring the guarantor's right of recourse, analyzing legal concepts, international banking practices, and banking structures in China. Specifically guarantees and counter guarantees.
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
