UCP600 Article 1
eDocuments: how harmonization is driving adoption
Argentine lawyer Jorge Riva highlights how ICC rules are already providing an adequate environment for accommodating electronic means and how intense work continues for expanded use of electronic credits.
ISP98, A Success Story
A member of the ISP drafting group offers perspective on the vision, birth, development, and future of the international rules built 25 years ago for standby LC practice.
Heytex Bramsche GMBH v. Unity Trade Capital Ltd. [2022]
Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?
UCP and Standbys
Use of UCP600 for standbys continues, despite there being better suited rules in ISP98
Malayan Banking Berhad v. Punjab National Bank [2022]
Negotiating Bank sued LC Issuer for breach of reimbursement undertaking.
Modifications and Exclusions of UCP600 Articles in Commercial Letters of Credit
Practical advice for modifying and excluding UCP600 articles in commercial letters of credit.
