reimbursement

Letters of Credit

In the latest installment of this annual survey article series, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2024.

Carter Klein Mar 18, 2026

DCW Litigation Digest

North American Airlines, Inc. v. Wilmington Trust Co.

Lessee sued Lessor/Owner Trustee for breach of contract and conversion.

Matthew J Kozakowski Oct 20, 2025

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

Matthew J Kozakowski Aug 22, 2024

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.

Carter Klein, Janis Penton Mar 10, 2024

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

Tat Yeen Yap Mar 17, 2022

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.