DCW Litigation Digest

Luoyang Aviation Construction Co. v. Korea Kookmin Bank [2025]

Case heard by China's Supreme People’s Court deals with questions regarding alleged fraud and the nature of a transferable credit under UCP600 Article 38.

ANZ Bank, Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2024]

Retrial application dismissed in case involving a dispute over alleged fraud and application the PRC Independent Guarantee Provisions to a standby LC governed by ISP98.

Ryobi Tactics Pte Ltd. v. UES Holdings Pte Ltd.

Applicant sued, claiming that demands on four performance bonds were unconscionable.

North American Airlines, Inc. v. Wilmington Trust Co.

Lessee sued Lessor/Owner Trustee for breach of contract and conversion.

Saris v. Flagstar Bank

Plaintiff asserted a claim under Massachusetts’ adoption of UCC Article 5-109 (Fraud and Forgery).

DJY v. DJZ

Richardson v. Prisoner Transport Services of America

Did the standby LC provide sufficient protection to the judgment creditor?

Newman v. HSBC Bank USA, N.A.

Years after Lessees attempted to cancel LC, they sued Successor Bank for conversion, breach of contract, unjust enrichment, and damages.

Majestic Rayon Corp. v. Soho Office Suites, LLC

Landlord sued Lessee for use and occupancy of commercial lease.

Bintai Kindenko Pte Ltd. v. Samsung C&T Corp.

On appeal, Court considered whether trial court: erred in holding that Subcontractor/Applicant was contractually precluded from relying on the unconscionability exception; correctly held that Contractor/Beneficiary’s demand was not fraudulent; and erred in declining to discharge the injunction.

Tracy v. Surofchek [2025]

Appeal of denied bill of costs obtaining supersedeas LC.

Ee Hup Construction Pte Ltd. v. China Jingye Engineering Corp. [2025]

Applicant appealed Singapore trial court decision granting partial injunction on performance bond.