Solo industries

ATFCP Sanctions & Fraud Webinar Recap

A webinar hosted by the Association of Trade Finance Compliance Professionals (ATFCP) on 28 January 2025 featured particular focus on

DCW Newsroom Feb 12, 2025

Hin Leong Trading

Crédit Agricole Corp. & Inv. Bank, Singapore Branch v. PPT Energy Trading Co. [2023]

The appeal in Zenrock. In a crude oil transaction, a bank issuing an LC accused the buyer of fraud, leading to dishonor of the LC; however, the court ruled in favor of the seller...

Matthew J Kozakowski Jan 23, 2024

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.

Christopher Byrnes Aug 28, 2023

DCW Articles

13 common Letter of Credit and Bill of Lading frauds: Revisiting the Solo Industries & Saad Group Trade Finance Frauds

Those who forget the lessons of history are condemned to repeat them. Trade finance frauds are no exception. Lessons from Solo Industries, Credit Agricole v. PPT, and practical advice for trade financiers.

Pradeep Taneja Aug 13, 2022

DCW Litigation Digest

Solo Industries UK, Ltd v. Canara Bank [2001]

Part of the Solo Industries frauds, this is the appellate court review of the trial court. Beneficiary Solo Industries sued issuer Canara Bank for wrongful dishonor.