DCW Monthly: July 2026

Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never

Chris Sandler Jul 21, 2026

DCW Updates

Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court

In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not

DCW Newsroom Jul 20, 2026

DCW Updates

Unassignable Guarantees & Applicable Law

Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and

Christopher Byrnes Jul 20, 2026

Chinese Guarantee Law

3 articles

DCW Articles

Force Majeure Defenses against a Beneficiary’s Demand under an Independent Guarantee

Judges at three court levels in China erred in deciding on the force majeure defense invoked by an applicant as the basis for an issuing bank’s filing for an injunction. Saibo Jin explains the case and its broader implications.

Saibo Jin Apr 15, 2026

DCW Conference Report

2024 Singapore Annual LC Survey • Executive Summary

This Executive Summary provides an overview of topics discussed and debated by leading professionals at the conference.

Christopher Byrnes Aug 22, 2024

DCW Feature

Trend 3: Continuing Trouble with Demand Guarantees

DCW Editorial Advisory Board Apr 27, 2024