Sanctions Clauses in Trade Finance Instruments

Sanctions clauses that are wisely or imprudently constructed continue to be inserted into trade finance instruments and may heavily impact the legal rights and transactional obligations of involved parties.

Christopher Byrnes, Khalil Matar Jul 9, 2024

DCW Updates

Dave Meynell Reacts to June 2024 DCW Articles

Various articles from the June 2024 edition of DCW caught the attention of ICC Banking Commission Senior Technical Advisor Dave Meynell who offers the following comments.

Dave Meynell Jul 8, 2024

June 2024

English Court Reverses Celestial; UniCredit Right to Refuse Payment

In a high profile case involving standby letters of credit issued in connection with aircraft leases to Russian airlines and

DCW Newsroom Jun 25, 2024

China Everbright Bank Co., Ltd. Jinan Branch v. Yanggu Xiangguang Copper Industry Co., Ltd

1 article

DCW Articles

Letter Of Credit Court Cases Under Chinese Bankruptcy Law And Procedures: A Review And Analysis

Explores the legal intricacies of letters of credit in bankruptcy through notable Chinese court cases, highlighting the risks banks face and the importance of collateral in LC transactions.

Saibo Jin Mar 10, 2024