IIBLP Event Materials | 2025 New York

Standby & Guarantee Forum: November 4 Cases: * Illinois DNR v. Regions Bank – DCW Analysis * DJY v. DJZ – Full Text * Litasco

Team DCW Oct 29, 2025

ICC Sanctions Guidance Paper (2024)

ICC 2024 paper on Sanctions Guidance

source: ICCWBO

DCW Newsroom Oct 29, 2025

UCC Section 5‑108(g)

US Rev UCC 5-108(g)

US Rev UCC 5-108(g) states: “If an undertaking constituting a letter of credit under Section 5‑102(a)(10)

DCW Newsroom Oct 29, 2025

Deduction of Penalty

1 article

DCW Updates

Righting an Irregular Presentation … with a Twist

Beneficiary presented late shipment documents under an LC. The issuing bank deducted penalties without a refusal notice, raising debate on clause 47A-7, UCP 600, and consent.

Francisco Rodriguez, Christopher Byrnes Sep 25, 2024