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.
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
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