DCW Monthly: June 2026 A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying Chris Sandler Jun 17, 2026
DCW Updates ICC Releases Draft Opinions for July 2026 Discussion Six Draft Opinions will be taken up by the ICC Banking Commission at its next quarterly Technical Advisory meeting on Christopher Byrnes Jun 17, 2026
DCW Updates Versana Expands into LCs New York-based data and digital infrastructure company Versana announced on 19 May 2026 that it now offers banks the DCW Newsroom Jun 17, 2026
DCW Feature Case Illustrates Perils of Drafting LC Draw Caps and Handling Non-Standard LC Transactions In Natixis Funding Corp. v. GenOn Mid-Atlantic, the 5th Circuit addresses crucial aspects of letter of credit practice, exploring prepayment, collateralization, structured finance, indemnities, good faith limits, and consequences of drafting errors. Carter Klein Oct 21, 2022
