DCW Monthly: September 2026
This month's content returns to a question the rules answer clearly and the courts sometimes do not: who
Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
Summary takeaways from the ICC Banking Commission Technical Meeting, 24-25 October 2023.
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