In Memoriam: James Barnes
The trade world was saddened by the news of the loss of one of our own: Jim Barnes. Below are
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DCW Litigation Digest
ANZ Bank, Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2024]
Retrial application dismissed in case involving a dispute over alleged fraud and application the PRC Independent Guarantee Provisions to a standby LC governed by ISP98.
DCW Articles
Comments on ICC Banking Commission Opinion TA954
The auto-extension clause used in a UCP 600 standby that gave rise to ICC Opinion TA954 illustrates the serious concerns that can emerge when ambiguous wording is inserted in a credit. Li Huang identifies and examines issues to consider.
DCW Litigation Digest
Ryobi Tactics Pte Ltd. v. UES Holdings Pte Ltd.
Applicant sued, claiming that demands on four performance bonds were unconscionable.
DCW Conference Report
October 2025 ICC Banking Commission Meeting
The ICC Banking Commission’s quarterly meeting, held via Zoom on 21 October 2025, discussed six draft opinions, the status of Technical Advisory Briefings, a call for comments on the future of UCP and ISBP, and the emergence of stablecoin as relates to ICC rules and digital trade law.