DCW Litigation Digest

UCP600 Analytical Commentary Excerpt -- Article 14(g)

Redback Networks, Inc. v. Mayan Networks Corp. [2004]

How LC Proceeds Impact Bankruptcy Damage Caps: Explore how a U.S. court ruled LC proceeds as security deposits under bankruptcy caps, reshaping landlord claims and issuer risks.

BII Finance Co. v. U-States Forwarding Services Corp. [2002]

Case deals with bill of lading consigned to order without naming a person to whose order it was consigned and party which bears the risk of delivery without having taken up the bill of lading.

Solo Industries UK, Ltd v. Canara Bank [2001]

Part of the Solo Industries frauds, this is the appellate court review of the trial court. Beneficiary Solo Industries sued issuer Canara Bank for wrongful dishonor.