DCW Articles
Baltimore’s Bridge Collapse: Force Majeure Event (or Not)?
At 1:29 AM on 26 March 2024, the 300-meter container vessel Dali lost power as it was departing from Baltimore (Maryland) harbor. Does this constitute a force majeure event?
Vessel Due Diligence: The Major Sanctions Risks FIs Face
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
Letter Of Credit Court Cases Under Chinese Bankruptcy Law And Procedures: A Review And Analysis
Explores the legal intricacies of letters of credit in bankruptcy through notable Chinese court cases, highlighting the risks banks face and the importance of collateral in LC transactions.
U.S. Bankruptcy Code’s Effect on Letter of Credit Parties Simplified
U.S. Bankruptcy law and letters of credit fit uneasily together since each set of laws generally ignores the other.
How Translation of ISP98 Transformed Standby LC Practice in Japan
The transition from UCP to ISP that revolutionized trade in Japan.
ISP98 Charts a Different Path to Successful Practice Rules
From Concept to Adoption: the genesis and global impact of ISP98 in international banking law & practice.
ISP98 Rule 1.04: Analysis and Insights
Unpublished work by Prof. Byrne examines ISP98 Rule 1.04's impact and particular rules, crucial for standby agreement stakeholders.
US Treasury Reports on Key Money Laundering Threats and Risks
Key takeaways from the US Treasury Report on money laundering risks and threats.
What We Can Learn From the Kuvera Resources v. JPMorgan Chase Bank Case
Learnings and reflections from the Kuvera Resources v. JPMorgan Chase appeal from 2023.
ISP98: Standby Rules Well-suited for Technological Advancements Then and Now
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
What Makes a System “reliable” and is There Strength in Numbers?
Alignment between UK Electronic Trade Documents Act 2023 and MLETR. Criteria for electronic trade document reliability, the Act's impact on eUCP, and systems for digitising trade.
International Standby Practices ISP98 – 25 Years
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.