July 2026 DCW Monthly: July 2026 Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never Chris Sandler Jul 21, 2026
DCW Updates Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not DCW Newsroom Jul 20, 2026
DCW Updates Unassignable Guarantees & Applicable Law Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and Christopher Byrnes Jul 20, 2026
DCW Feature Case Illustrates Perils of Drafting LC Draw Caps and Handling Non-Standard LC Transactions In Natixis Funding Corp. v. GenOn Mid-Atlantic, the 5th Circuit addresses crucial aspects of letter of credit practice, exploring prepayment, collateralization, structured finance, indemnities, good faith limits, and consequences of drafting errors. Carter Klein Oct 21, 2022
