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.
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
ISP98 Rule 3.07: Separateness of Each Presentation
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
The transition from UCP to ISP that revolutionized trade in Japan.
From Concept to Adoption: the genesis and global impact of ISP98 in international banking law & practice.
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
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.
ISP98 Rule 1.02: Relationship to Law and Other Rules
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