Q3 2025 CPD Certificates Available
DCW members earn CPD credit each quarter. Following the first certificate released earlier this year, your Q3 2025 certificate is
Bank Audi
2 articles
Demand Guarantees
Independent vs. Accessory Guarantees – a Tale of Two Cases: Shanghai Shipyard and Bank Audi
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
DCW Articles
Independent or Not? French Court Decides on Disputed Bank Guarantee
In McNeil & NRM Inc. v. SA Bank Audi France, the court ruled on a dispute over an advance payment guarantee. The case highlights the importance of precise guarantee wording and adherence to standard practices in international transactions.
