This month’s edition emphasizes how seemingly small drafting choices and operational decisions can lead to substantial legal and compliance
At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It
Following its January 2026 quarterly discussion session, the ICC released on 11 February 2026 results and points of analysis from
Lessee sued Lessor/Owner Trustee for breach of contract and conversion.
Years after Lessees attempted to cancel LC, they sued Successor Bank for conversion, breach of contract, unjust enrichment, and damages.
Appeal of denied bill of costs obtaining supersedeas LC.
Contractor-applicant appealed dismissal of complaint against principal of insolvent beneficiary and judgment debtor.
Applicant Consolidated Electrical Distributors ex parte motion for temporary restraining order against issuer Bank of America.
Contractor Shinetec (Australia) and parent company Shanxi Construction Investment Group (standby applicant) appealed dismissal of claims against beneficiary The Gosford.
Approving letter of credit to serve as supersedeas.
Beneficiary Bayport Polymers appealed temporary injunction restraining presentation of LC documents.
Issuer First Service Bank moved to dismiss wrongful dishonor complaint brought by World Fuel Services.
Applicant motioned for preliminary injunction following failed mediation.
Issuer sued beneficiary alleging sham transaction and breach of warranties; beneficiary and prior sellers lodged indemnification claims.
💡First Modular Gas Systems Ltd. v. Citibank Europe PLC [2024] [2024] IEHC 1 [Ireland] Type of Lawsuit: Applicant renewed request
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