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
Presentation
8 articles
DCW Litigation Digest
Luoyang Aviation Construction Co. v. Korea Kookmin Bank [2023]
Case heard by China's Supreme People’s Court deals with questions regarding alleged fraud and the nature of a transferable credit under UCP600 Article 38.
DCW Updates
Hindsight since 2020: Market Trends Shaping Standby Practice
The onset of the global pandemic in March 2020 necessitated immediate and sometimes drastic changes in how banks and other
DCW Articles
When the Beneficiary Bypasses the Nominated Bank
ICC TAB 9 points out that there is a risk of documents being presented to more than one bank at the same time, especially under an LC that is freely negotiable, but it stops short of making any recommendations for avoiding this risk. Here’s my suggestion.
DCW Articles
Presentation Period Rules Unnecessary, Old Fashioned and Must Go
UCP Revision – Hot Topics from Practitioners! DCW is pleased to announce a new section of the journal where experienced practitioners
DCW Articles
Analysis and Insights on ISP98 Rule 3.07
ISP98 Rule 3.07: Separateness of Each Presentation
DCW Conference Report
2023 ICC Banking Commission Technical Meeting: Executive Summary
Summary takeaways from the ICC Banking Commission Technical Meeting, 24-25 October 2023.