DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
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.
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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