October 2025
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
Standby LC
88 articles
(Page 5)
DCW Articles
The 2-in-1 Standby – a Sound Option or Specious Shortcut?
The 2-in-1 Standby: a Bid Standby that converts into a longer- term Performance Standby if certain conditions are met.
DCW Updates
EU Maintains Capital Requirements for Performance-Related Trade Products
this has links to Feb 2023 DCW item on EU capital requirements
DCW Feature
Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch [2023 EWHC 663]
💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 663 Type of Lawsuit: Beneficiaries sued Confirming Bank that
DCW Updates
Sudan Situation “Extremely Grave”
According to DCW sources, continued fighting between warring forces in Sudan has rendered the situation extremely grave for civilians and
DCW Feature
Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch [2023 EWHC 1071]
💡Celestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 1071 Type of Lawsuit: Subsequent hearing on an ancillary
DCW Litigation Digest
Amboy Bank v. M.V.N. Homes Inc. [2022]
Issuer sued Applicant for reimbursement.
DCW Updates
Jin Provides Update on Standby LC Cases of Significance in China
Prominent Chinese lawyer Saibo Jin alerted delegates at the IIBLP Annual Survey of LC Law & Practice in Hong Kong
DCW Updates
Energy LEAP Drafts Standby LC Wording for Oil Industry
Energy LEAP, a not-for-profit organisation in which member companies across the oil trading industry work to define standards which offer
DCW Articles
Bank Guarantees in Egypt
Amr KAMAL explores integrating ICC's URDG758 into Egypt's commercial law for demand guarantees, emphasizing the advanced nature of Egyptian law in recognizing demand and suretyship guarantees, drawing comparisons with global practices.
DCW Litigation Digest
Lexon Insurance Co. v. FDIC [2021]
Beneficiary argued that LCs are not contracts or leases and that FDIC as Receiver of closed Issuer lacked the authority to repudiate.