DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
Fraud prevention is a crucial pursuit, but is an interim/hybrid solution requiring a beneficiary’s bank to vouch for the beneficiary the answer? Or does it introduce added risks?
In this Lowdown from the Editor, Professor James E. Byrne opines on the misplaced status some afford to UCP as the LC community awaits UCP revision.
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