DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
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This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
The position of a banker in the trade finance environment includes trying to reconcile opposite demands of a buyer and a seller.
The ICC Banking Commission has released three Draft Opinions that will be discussed at its next opinion review session that
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?
On 31 March, 2021, the long-awaited International Standard Demand Guarantee Practice (ISDGP) Publication No. 814E, a complement to URDG758 documenting
A Singapore court case highlights critical pitfalls in handling demand guarantees. This article unpacks lessons for bankers on documentation, fraud risk, counter-guarantees, and navigating complex cross-border disputes.
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