Discrepant Documents
Lavi v. Bank Negara Indonesia [2023]
Pro se Beneficiary sued Issuer for wrongful dishonor.
Heytex Bramsche GMBH v. Unity Trade Capital Ltd. [2022]
Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?
Windsor Township v. Tompkins Financial Corp. [2021]
Developer Greth Development secured a letter of credit from Tompkins Financial to ensure completion of a townhouse project for Windsor Township. After project delays and a breach, Windsor sued the developer and demanded payment from Tompkins, who refused.
ICC Briefing Addresses Topic of Reducing Discrepancy Rates
In the latest of its ongoing series of technical advisory briefings released on 27 June 2022, the ICC Banking Commission addressed the subject of “Reducing Discrepancy Rates under Documentary Credits” (TAB-3)
On Board Dates and Issuance Dates
Another scenario discussed in the meeting of US west coast bankers centered around a commercial LC requiring under 46A: 1.
Problems Cited with Export LCs from Bangladesh
From recent discussion among LC specialists, DCW has learned that bankers at some US-based financial institutions are aware of banks
