UCC Section 5-108
6 articles
DCW Articles
Letters of Credit*
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.
DCW Feature
Bayport Polymers LLC v. CB&I, LLC [2024]
Beneficiary Bayport Polymers appealed temporary injunction restraining presentation of LC documents.
Amendments
The Milky Whey, Inc. v. HSBC Bank USA, N.A. [2024]
Confirming Bank moved to dismiss Beneficiary complaint for wrongful dishonor. ISP98 Standby subject to New York Law.
DCW Articles
Comment on the Windsor Township Case of the Lost Original LC
The Windsor Township v. Tompkins Financial Corp. case emphasizes the significance of original letters of credit but questions their necessity in modern electronic transactions.