Because standbys and demand guarantees often contain automatic extension clauses, ICC Opinion TA954 offers important lessons for practice and the need for sound drafting of such clauses.

Injunction

31 articles (Page 3)

DCW Litigation Digest

Strabag, SpA v. Credit Agricole CIB [2023]

Matthew J Kozakowski Jul 28, 2023

DCW Feature

Application of US Uniform Commercial Code Article 5 in International Letter of Credit Transactions

A look into application of US UCC Article 5 for letter of credits outside of the United States

Chang Soon Thomas Song Apr 20, 2023

DCW Updates

Indian High Court Reverses Order, Denies Injunction

In Wellington Cantonment Board v. Gharpure Engineering & Constructions, the Madras High Court (India) set aside a District Judge order

Christopher Byrnes Feb 16, 2023

DCW Articles

Letters of Credit: 2021 Cases*

A review of the significant LC cases from 2021.

James Barnes, Carter Klein Feb 1, 2023

DCW Feature

Judicial Remedies for Guarantee Fraud and Abusive Demands on Independent Guarantees Under PRC Law

In-depth look into use of independent guarantees in China's international trade, addressing risks like fraudulent calls and abuses.

Saibo Jin, Wanda Lu, Chenhao Zhang May 20, 2022

DCW Litigation Digest

ARSS – SIPS (JV) v. Union of India [2021]

ARSS – SIPS (JV) v. Union of India involving the seeking of an injunction on payment under a performance guarantee was heard by the Honourable Shri Sanjay K. Agrawal and Shri Arvind Singh Chandel of the High Court of Chhattisgarh at Bilaspur.