DCW Updates
DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
reimbursement
4 articles
DCW Updates
US Attorney Informed of Pending Motion Regarding International Sanctions
Upon request of its customer, Lummus Technology Heat Transfer B.V., Credit Agricole Corporate & Investment Bank issued a letter
March 2024
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.
DCW Articles
Back to the Basics: Honour, Negotiation, and Reimbursement of Letters of Credit
Honour, negotiation, and reimbursement – individually and collectively – are perhaps some of the least understood (or most misunderstood) terms in letter
DCW Articles
Counter Standby/Counter Guarantee Practice: The Problems of Nomenclature
The lack of a common nomenclature for counter undertakings invites problems for practice and has plagued the industry for decades. It doesn't have to be this way.
