DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
Exactly what is an issuing bank authorizing or requesting a nominated bank to do when it requests the bank to “add its confirmation” to a credit? Several considerations and questions should be weighed by a would-be confirmer.
Issuer ICBC applied to stay action alleging forum non conveniens.
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
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