DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
Years after Lessees attempted to cancel LC, they sued Successor Bank for conversion, breach of contract, unjust enrichment, and damages.
Landlord sued Lessee for use and occupancy of commercial lease.
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.
Appeal of denied bill of costs obtaining supersedeas LC.
Applicant appealed Singapore trial court decision granting partial injunction on performance bond.
Bench trial for negligent misrepresentation claim by beneficiary against advising bank.
Contractor-applicant appealed dismissal of complaint against principal of insolvent beneficiary and judgment debtor.
Issuer ICBC applied to stay action alleging forum non conveniens.
Applicant Consolidated Electrical Distributors ex parte motion for temporary restraining order against issuer Bank of America.
Contractor Shinetec (Australia) and parent company Shanxi Construction Investment Group (standby applicant) appealed dismissal of claims against beneficiary The Gosford.
Approving letter of credit to serve as supersedeas.
Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor
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