DCW Articles
Presentation Period Rules Unnecessary, Old Fashioned and Must Go
UCP Revision – Hot Topics from Practitioners! DCW is pleased to announce a new section of the journal where experienced practitioners
ISP98, A Success Story
A member of the ISP drafting group offers perspective on the vision, birth, development, and future of the international rules built 25 years ago for standby LC practice.
Three Recent ICC DOCDEX Decisions Applying the ISP98 Rules
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
Vessel Due Diligence: The Need to Treat Vessel Screening as a Key Internal Control
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
Analysis and Insights on ISP98 Rule 3.07
ISP98 Rule 3.07: Separateness of Each Presentation
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Unpublished work by Prof.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.
