Standby & Guarantee Forum: November 4 Cases: * Illinois DNR v. Regions Bank – DCW Analysis * DJY v. DJZ – Full Text * Litasco
US Rev UCC 5-108(g) states: “If an undertaking constituting a letter of credit under Section 5‑102(a)(10)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
Local Guarantor petitioned for rehearing from the Supreme People’s Court of order for Counter Guarantor to terminate payment to Local Guarantor for having committed guarantee fraud and not acting in “good faith”.
11 October 2023, New York For the 17th consecutive year, the Institute of International Banking Law & Practice conducted its
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
Summary takeaways from the ICC Banking Commission Technical Meeting
The ICC announced on 13 August 2023 release of the first application programming interface (API) industry standards for bank guarantees
Part 1 Executive Summary of IIBLP's Americas Annual LC Survey in 2023
On 1 April 2023, Circular No. 11/2022/TT-NHNN issued in 2022 by the State Bank of Vietnam (SBV) regarding
Amr KAMAL explores integrating ICC's URDG758 into Egypt's commercial law for demand guarantees, emphasizing the advanced nature of Egyptian law in recognizing demand and suretyship guarantees, drawing comparisons with global practices.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 3 of a three part series.
The provisions of URDG can be modified, overridden, or excluded by inserting suitable replacement wording in the text of the guarantee.
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