DCW Monthly: December 2025
As the year draws to a close, this month’s DCW focuses on the issues likely to carry into 2026.
For the 19th consecutive year, IIBLP conducted its Americas Standby & Guarantee Forum. Held in New York City on 4 November 2025 and hosted by Baker McKenzie, the program was organized as a hybrid event. This Executive Summary provides an overview of key topics discussed and debated.
In DJY v. DJZ[[1]] involving a standby letter of credit, the Appellate Division of Singapore’s High Court dismissed
Applicant sued, claiming that demands on four performance bonds were unconscionable.
Applicant appealed Singapore trial court decision granting partial injunction on performance bond.
[2023] SGHC 210 [Singapore] Cases Referenced: * CRK Contract Services Pte Ltd. v. Asplenium Land Pte Ltd. [2015], [2015] 3 SLR
A report by Clyde & Co Partner Tenda Msinjili and Associate Amreen Ayub suggests that use of performance bonds in
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