DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
DCW Articles
Letters of Credit*
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.
40 min read
This survey concentrates on the most significant letter of credit (“LC”)[[1]] issues addressed in cases decided primarily in the United States[[2]] in the year 2023, comments on the 2022 UCC Amendments affecting Article 5,[[3]] and notes developments in electronic and digital documents in LC transactions.
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DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
DCW Articles
A Critical Review of ICC Opinion TA.948
Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.
DCW Updates
Weiss Decries US FCC Changes to Screening Standards for LC Issuing Banks
Following response in mid-2024 to proposed changes to its rules regarding letters of credit for recipients of high-cost competitive bidding
DCW Updates
APEC Committed to Adoption of MLETR
At a meeting of Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade in Jeju, Republic of Korea, 15-16 May 2025,