DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
Shanghai Shipyard v. Reignwood
5 articles
DCW Conference Report
2023 Americas Annual LC Survey • Executive Summary (Part 1)
For the 31st consecutive year, the Institute of International Banking Law & Practice conducted its Americas Annual LC Survey conference, 8-9 June 2023. This Executive Summary provides an overview of topics discussed and debated by leading professionals at Day 1 of the conference.
DCW Articles
Shanghai Shipyard, What Now for the English Guarantee?
The historical challenges of suretyship in English law, emphasizing the need for modernizing guarantee forms. Recent cases, like Shanghai Shipyard, underscore the importance of clarity.
DCW Articles
Independent vs. Accessory Guarantees – a Tale of Two Cases: Shanghai Shipyard and Bank Audi
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
DCW Updates
England’s Vexing Guarantee Legacy: Can Better be Done?
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?