DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
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This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
In a high profile case involving standby letters of credit issued in connection with aircraft leases to Russian airlines and
England and Wales’ High Court of Justice has determined that legal proceedings between aircraft leasing companies and insurers over aircraft
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