DCW Monthly: September 2026
This month's content returns to a question the rules answer clearly and the courts sometimes do not: who
Automatic Extension
4 articles
DCW Articles
How ISDGP Sees Automatic Extension of Guarantees
Although automatic extension is not addressed in the URDG758 rules, the ISDGP articulated in 2021 contains provisions to help interpret such terms if included in a demand guarantee.
DCW Readers Speak
Confirmed Standbys with Auto Extension Clauses
💡Editor’s Note: This query generated an exchange of emails among a group of DCW Editorial Advisory Board members whose
January 2006
Automatic Extension – Notice of Non-Extension
The Problem UCC 5-106(b) provides: “After a letter of credit is issued, rights, and obligations of a beneficiary,
