DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade finance instruments.
Note: U.S. cases are highlighted in blue, while non-U.S. cases are highlighted in red. Cases are listed in descending chronological order.
If a case is linked, a DCW case summary is available for subscribers to access by clicking the underlined case name.
JSW Steel (U.S.) Inc. v. Nucor Corp.
No. 22-20149 (5th Cir. Mar. 17, 2025) [USA]
No. 22-20149 (5th Cir. Mar. 17, 2025) [USA]
PennEnvironment & Sierra Club v. Dep't of Envtl. Prot.
566 C.D. 2024 (Pa. Cmmw. Ct. Mar. 11, 2025) [USA]
566 C.D. 2024 (Pa. Cmmw. Ct. Mar. 11, 2025) [USA]
Strabag Spa v. Credit Agricole CIB
2025 N.Y. Slip Op. 30811 (N.Y. Sup. Ct. 2025) [USA], 10 Mar. 2025
2025 N.Y. Slip Op. 30811 (N.Y. Sup. Ct. 2025) [USA], 10 Mar. 2025
Herc Rentals, Inc. v. ACE Am. Ins. Co.
2:24-cv-885-JES-NPM (M.D. Fla. Mar. 10, 2025) [USA]
2:24-cv-885-JES-NPM (M.D. Fla. Mar. 10, 2025) [USA]
Kannu Exports v. Banque Nationale de Paris (Suisse) SA
2025 DHC; CS (OS) 930/2000 [India], 28 Feb. 2025
2025 DHC; CS (OS) 930/2000 [India], 28 Feb. 2025
Tracy v. Surofchek
2025 COA 21 - Colo: Court of Appeals, 1st Div. 2025 [USA], 20 Feb. 2025
2025 COA 21 - Colo: Court of Appeals, 1st Div. 2025 [USA], 20 Feb. 2025
💡
Ee Hup Construction Pte Ltd. v. China Jingye Engineering Corp.
[2025] SGHC(A) 3 [Singapore], 11 Feb. 2025
[2025] SGHC(A) 3 [Singapore], 11 Feb. 2025
Nickloy, Albright & Gordon LLP v. Indy EW Cigs, LLC
(Ind. App. No. 24A-PL-40 – Feb. 6, 2025) [USA]
(Ind. App. No. 24A-PL-40 – Feb. 6, 2025) [USA]
City of Fort Collins v. Open International LLC
CA No. 1:21-cv-02063-CNS-SBP (Jan. 31, 2025) [USA]
CA No. 1:21-cv-02063-CNS-SBP (Jan. 31, 2025) [USA]
Spiegel v. Wintrust Bank (In re Spiegel)
No. 22C1559 (N.D. Ill. Jan. 30, 2025) [USA]
No. 22C1559 (N.D. Ill. Jan. 30, 2025) [USA]
Ameritech Coll. Holdings v. Aiken
2025 UT App. 6 (Utah Ct. App. 2025) [USA], 16 January 2025
2025 UT App. 6 (Utah Ct. App. 2025) [USA], 16 January 2025
💡
ERA Capital L.P. v. Soleil Chartered Bank
No. 651984/2019, slip op. (N.Y. Sup. Ct. Dec. 23, 2024) [USA]
No. 651984/2019, slip op. (N.Y. Sup. Ct. Dec. 23, 2024) [USA]
Sahara Energy Resource Ltd v. Societe Nationale de Raffinage SA
[2024] EWHC 3163 (Comm) [England], 9 Dec. 2024
[2024] EWHC 3163 (Comm) [England], 9 Dec. 2024
The “Maersk Katalin”
[2024] SGHC 282 [Singapore], 4 November 2024
[2024] SGHC 282 [Singapore], 4 November 2024
💡
CTBC Bank v. Industrial and Commercial Bank of China
[2024] HKCFI 2820 [Hong Kong], 21 October 2024
[2024] HKCFI 2820 [Hong Kong], 21 October 2024
Iberia Bank v. Nature's Way Energy Servs.
No. 2024-C-00628 (La. Sep. 24, 2024) [USA]
No. 2024-C-00628 (La. Sep. 24, 2024) [USA]
💡
Front Row Motorsports, Inc. v. DiSeveria
No. 3:22-cv-00138-SCR, slip op. (W.D.N.C. Sept. 12, 2024) [USA]
No. 3:22-cv-00138-SCR, slip op. (W.D.N.C. Sept. 12, 2024) [USA]
Augusta Energy S.A. v. Top Oil and Gas Development
[2024] EWHC 2285 (Comm) [England], 6 Sept. 2024
[2024] EWHC 2285 (Comm) [England], 6 Sept. 2024
ING Bank v. Industrial and Commercial Bank of China
[2024] HKCFI 2220 [Hong Kong], 23 August 2024
[2024] HKCFI 2220 [Hong Kong], 23 August 2024
Boone Dev. v. Nicholasville Bd. of Adjustment
No. 2022-SC-0476-DG (Ky. Aug. 22, 2024) [USA]
No. 2022-SC-0476-DG (Ky. Aug. 22, 2024) [USA]
💡
Winson Oil Trading v. OCBC
[2024] SGCA 31 [Singapore], 21 August 2024
[2024] SGCA 31 [Singapore], 21 August 2024
💡
World Fuel Servs. v. First Service Bank
24-cv-22369-ALTMAN/Sanchez (S.D. Fla. Aug. 6, 2024) [USA]
24-cv-22369-ALTMAN/Sanchez (S.D. Fla. Aug. 6, 2024) [USA]
💡
Bayport Polymers LLC v. CB&I LLC
No. 14-23-00643-CV (Tex. App. Jul. 23, 2024) [USA]
No. 14-23-00643-CV (Tex. App. Jul. 23, 2024) [USA]
💡
Shinetec (Australia) Pty Ltd v. The Gosford Pty Ltd
[2024] NSWCA 174 [Australia], 23 July 2024
[2024] NSWCA 174 [Australia], 23 July 2024
💡
Experior Glob. Warehousing v. BTC III Hamilton DC LLC [2024]
Civil Action 23-8472 (RK) (JBD) (D.N.J. Jul. 18, 2024) [USA]
Civil Action 23-8472 (RK) (JBD) (D.N.J. Jul. 18, 2024) [USA]
In re Puerto Rico Public Finance Corporation
(1st Cir July 17, 2024) [USA]
(1st Cir July 17, 2024) [USA]
Iberdrola Energy Projects v. Oaktree Capital Mgmt. L.P.
2024 N.Y. Slip Op. 3798 (N.Y. App. Div. 2024) [USA], 11 July 2024
2024 N.Y. Slip Op. 3798 (N.Y. App. Div. 2024) [USA], 11 July 2024
Inter-Pacific Petroleum Pte Ltd. (in liquidation) v. Goh Jin Hian
[2024] SGHC 178 [Singapore], 11 July 2024
[2024] SGHC 178 [Singapore], 11 July 2024
Hopkins Hosp. Inv'rs v. Guttman
Civil Action RDB-23-2768 (D. Md. Jul. 1, 2024) [USA]
Civil Action RDB-23-2768 (D. Md. Jul. 1, 2024) [USA]
Bayerische Landesbank & Anor v Ruschemalliance LLC
[2024] EWHC 1822 (Comm) (28 June 2024) [England]
[2024] EWHC 1822 (Comm) (28 June 2024) [England]
RS Luxembourg II, SARL v. Deburo Real Estate Holding GmbH
[2024] EWHC 1515 (Comm) [England] 21 June 2024
[2024] EWHC 1515 (Comm) [England] 21 June 2024
💡
Lummus Technology Heat Transfer B.V. v. Credit Agricole Corporate Investment Bank
No. 22-CV-04025 (MMG), (S.D.N.Y. Jun. 20, 2024) [USA]
No. 22-CV-04025 (MMG), (S.D.N.Y. Jun. 20, 2024) [USA]
GHH Assocs. v. Trenchant Funds
2024 N.Y. Slip Op. 3328 (N.Y. App. Div. 2024) [USA]
2024 N.Y. Slip Op. 3328 (N.Y. App. Div. 2024) [USA]
Indian Overseas Bank v. Seabulk Systems Inc.
[2024] HKCA 522 [Hong Kong], 13 June 2024
[2024] HKCA 522 [Hong Kong], 13 June 2024
💡
Celestial Aviation Services Ltd. v. UniCredit Bank GmbH [2024]
[2024] EWCA Civ 628 [England], 11 June 2024
[2024] EWCA Civ 628 [England], 11 June 2024
Wright v. Chappell
[2024] EWHC 1417 (Ch) [England], 11 June 2024
[2024] EWHC 1417 (Ch) [England], 11 June 2024
💡
Credit Agricole Corporate & Investment Bank Singapore Branch v. PPT Energy Trading Co. Ltd
[2024] SGCA(I) 3 [Singapore], 7 June 2024
[2024] SGCA(I) 3 [Singapore], 7 June 2024
💡
Banque De Commerce Et De Placements SA v. China Aviation Oil (Singapore) Corporation Ltd. [2024]
[2024] SGHC 145 [Singapore], 5 June 2024
[2024] SGHC 145 [Singapore], 5 June 2024
J and L Farms, Inc. v. Jackman Wagyu Beef, LLC
2024 S.D. 29 [USA], 22 May 2024
2024 S.D. 29 [USA], 22 May 2024
In re: Fresh Acquisitions, LLC
No. 21-30721-sgj11 (Bankr. N.D. Tex. May 16, 2024) [USA]
No. 21-30721-sgj11 (Bankr. N.D. Tex. May 16, 2024) [USA]
IberiaBank v. Nature's Way Energy Services, LLC
No. 2023 CA 1013, [USA], 17 April 2024
No. 2023 CA 1013, [USA], 17 April 2024
Simon Prop. Grp. v. Tahari
2024 N.Y. Slip Op. 50415 (N.Y. Sup. Ct. 2024) [USA]
2024 N.Y. Slip Op. 50415 (N.Y. Sup. Ct. 2024) [USA]
💡
Eurobank Ergasias S.A. v. Bombardier Inc. [2024]
2024 SCC 11 [Canada], 5 April 2024
2024 SCC 11 [Canada], 5 April 2024
💡
The Milky Whey, Inc. v. HSBC Bank USA, N.A.
No. 23-CV-486-LTS, slip op. (S.D.N.Y. Mar. 31, 2024) [USA]
No. 23-CV-486-LTS, slip op. (S.D.N.Y. Mar. 31, 2024) [USA]
In re: Cortlandt Liquidating LLC
Civil No. 1:23-CV-03262-MKV, (S.D.N.Y. Mar. 26, 2024) [USA]
Civil No. 1:23-CV-03262-MKV, (S.D.N.Y. Mar. 26, 2024) [USA]
NSH Corp. v. City of Calera
No. SC-2023-0612 (Ala. Mar. 22, 2024) [USA]
No. SC-2023-0612 (Ala. Mar. 22, 2024) [USA]
The Wall Guy, Inc. v. FDIC
95 F.4th 862 (2024) [USA], 18 March 2024
95 F.4th 862 (2024) [USA], 18 March 2024
475 Bldg. Co. v. Ledy-Gurren, Bass & Siff, LLP
2024 N.Y. Slip Op. 31490 (N.Y. Sup. Ct. 2024) [USA]
2024 N.Y. Slip Op. 31490 (N.Y. Sup. Ct. 2024) [USA]
Allianz Risk Transfer (Bermuda) Ltd. v. High Lonesome Wind Power LLC
1:22-cv-5133-GHW (S.D.N.Y. Mar. 19, 2024) [USA]
1:22-cv-5133-GHW (S.D.N.Y. Mar. 19, 2024) [USA]
💡
"The Jeil Crystal"
[2024] SGHC 74 [Singapore], 15 March 2024
[2024] SGHC 74 [Singapore], 15 March 2024
Süd Family Ltd. v. Otto Baum Company, Inc.
2024 IL App (4th) 220782 [USA], 12 March 2024
2024 IL App (4th) 220782 [USA], 12 March 2024
London Luxury, LLC v. Walmart, Inc.
(W.D. Ark. Mar. 8, 2024) [USA]
(W.D. Ark. Mar. 8, 2024) [USA]
💡
Pacific Atlantic Pipeline Construction Ltd v. Coastal Gaslink Pipeline Ltd.
2024 ABCA 74 [Canada], 5 March 2024
2024 ABCA 74 [Canada], 5 March 2024
CVI CVF V Pooling Fund I LP v. Societe Generale SA
1:24-cv-01504 (S.D.N.Y. Feb. 28, 2024) [USA]
1:24-cv-01504 (S.D.N.Y. Feb. 28, 2024) [USA]
CB&I UK Ltd, Re
[2024] EWHC 398 (Ch) [England], 27 Feb. 2024
[2024] EWHC 398 (Ch) [England], 27 Feb. 2024
Renault SAS v. Liberty Engineering Group Pte Ltd
[2024] SGHC(I) 6 [Singapore], 14 February 2024
[2024] SGHC(I) 6 [Singapore], 14 February 2024
💡
Consolidated Electrical Distributors, Inc v. United Renewable Energy Co.
No. 23-CV-2353 TWR (DEB), slip op. (S.D. Cal. Feb. 13, 2024) [USA]
No. 23-CV-2353 TWR (DEB), slip op. (S.D. Cal. Feb. 13, 2024) [USA]
Granite Cnty. v. Rising Sun Estates, LLC
2024 MT 17 (Mont. 2024) [USA]
2024 MT 17 (Mont. 2024) [USA]
💡
In re: Spiegel
Case No. 20bk21625 (Bankr. N.D. Ill. Jan. 26, 2024) [USA]
Case No. 20bk21625 (Bankr. N.D. Ill. Jan. 26, 2024) [USA]
💡
Macquarie Bank Ltd. v. Banque Cantonale Vaudoise
[2024] EWCH 114 (Comm) [England], 26 January 2024
[2024] EWCH 114 (Comm) [England], 26 January 2024
💡
In re: Kimmel's Coal and Packaging, Inc.
Civil No. 1:23-CV-00351 [USA], 17 January 2024
Civil No. 1:23-CV-00351 [USA], 17 January 2024
💡
First Modular Gas Systems Ltd. v. Citibank Europe PLC
[2024] IEHC 1 [Ireland], 12 January 2024
[2024] IEHC 1 [Ireland], 12 January 2024
Afghanistan International Bank v. Yes Bank Ltd
[2023] EWHC 3294 (Comm) [England], 8 December 2023
[2023] EWHC 3294 (Comm) [England], 8 December 2023
Author
