Lexon Insurance

DCW Litigation Digest

Lexon Insurance Co. v. FDIC [2021]

Beneficiary argued that LCs are not contracts or leases and that FDIC as Receiver of closed Issuer lacked the authority to repudiate.

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Matthew J Kozakowski Mar 23, 2023

DCW Updates

LC Implications from the Fallout of the SVB, Signature Bank Failures

The abrupt mid-March 2023 closures of Silicon Valley Bank (SVB) and Signature Bank sent shockwaves through the US banking

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Christopher Byrnes Mar 22, 2023

DCW Articles

Letters of Credit: 2021 Cases*

A review of the significant LC cases from 2021.

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James Barnes, Carter Klein Feb 1, 2023