Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.

Fraud

58 articles (Page 2)

DCW Feature

Notable Chinese Supreme People's Court Cases Involving Application of ISBP

Letter of credit cases can reveal a great deal about how the industry's practice rules and standards are viewed and interpreted by the courts.

Saibo Jin Oct 24, 2024

DCW Feature

Bayport Polymers LLC v. CB&I, LLC [2024]

Beneficiary Bayport Polymers appealed temporary injunction restraining presentation of LC documents.

Matthew J Kozakowski Oct 24, 2024

DCW Litigation Digest

Banque De Commerce Et De Placements S.A. v. China Aviation Oil (Singapore) Corp. [2024]

Issuer sued beneficiary alleging sham transaction and breach of warranties; beneficiary and prior sellers lodged indemnification claims.

Matthew J Kozakowski Sep 25, 2024

DCW Feature

Pacific Atlantic Pipeline Construction Inc. v. Coastal Gaslink Ltd. [2024]

Canada's Court of Appeal of Alberta affirmed trial judgment, dismissing LC Applicant's appeal and terminating short term interim injunction.

Matthew J Kozakowski Aug 22, 2024

DCW Litigation Digest

Eurobank Ergasias S.A. v. Bombardier Inc. [2024]

The Canadian Supreme Court affirmed Quebec appellate and trial courts, upholding permanent injunction restraining Counter-Guarantor against payment of demand by Counter-Guarantee Beneficiary.