DCW Monthly: June 2025

This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.

Chris Sandler Jun 13, 2025

A Critical Review of ICC Opinion TA.948

Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.

Rupnarayan Bose Jun 13, 2025

DCW Updates

English Court Rules for Lenders in Russian Aircraft Lessor Policy Claims

In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft

DCW Newsroom Jun 13, 2025

Official Commentary on the ISP98

2 articles

DCW Feature

Australia and New Zealand Banking Group Ltd. Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2023]

Disputes over Independent Guarantee Fraud, Independent Guarantee Payment, and Improper Dishonor

Saibo Jin Oct 24, 2024

DCW Articles

Three Recent ICC DOCDEX Decisions Applying the ISP98 Rules

Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.

Carter Klein May 30, 2024