Latest TABs Address Confirmation, Procedure for Payment under UCP600
In the latest rollout of its Technical Advisory Briefings (TABs), the ICC Banking Commission has issued TAB No. 13, “Confirmation
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.
U.S. Bankruptcy law and letters of credit fit uneasily together since each set of laws generally ignores the other.
Published reports about the sudden collapse of Americanas SA into bankruptcy protection in mid-January 2023 suggest that the major Brazil
How LC Proceeds Impact Bankruptcy Damage Caps: Explore how a U.S. court ruled LC proceeds as security deposits under bankruptcy caps, reshaping landlord claims and issuer risks.
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