DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
right to draw
2 articles
DCW Articles
Comments on ICC Banking Commission Opinion TA954
The auto-extension clause used in a UCP 600 standby that gave rise to ICC Opinion TA954 illustrates the serious concerns that can emerge when ambiguous wording is inserted in a credit. Li Huang identifies and examines issues to consider.
DCW Conference Report
2023 Americas Annual LC Survey • Executive Summary (Part 2)
This Executive Summary provides an overview of topics discussed and debated by leading professionals at Day 2 of the conference.
