March 2024

Letter Of Credit Court Cases Under Chinese Bankruptcy Law And Procedures: A Review And Analysis
Explores the legal intricacies of letters of credit in bankruptcy through notable Chinese court cases, highlighting the risks banks face and the importance of collateral in LC transactions.

U.S. Bankruptcy Code’s Effect on Letter of Credit Parties Simplified
U.S. Bankruptcy law and letters of credit fit uneasily together since each set of laws generally ignores the other.