DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
Assessing the risk of breaching regulatory and compliance requirements while simultaneously examining for documentary compliance under stringent time pressures has complicated banks’ trade finance operations for years. A UK Supreme Court decision provides a degree of comfort and clarity to banks.
Guarantee & Standby Forum: June 30 Non-Case Material: * “Comments on ICC Banking Commission Opinion TA954” -- DCW Article by Huang
There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
In White Rock Insurance (SAC) Ltd. v. China Construction Bank Corp., the New York State Supreme Court denied China Construction
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