DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
UK Sanctions
5 articles
DCW Updates
UK Supreme Court Decides for UniCredit in Sanctions Case
The United Kingdom’s Supreme Court decision in UniCredit Bank GmbH v. Celestial Aviation Services Ltd.[[1]] was issued 25
DCW Updates
English Court Rules for Lenders in Russian Aircraft Lessor Policy Claims
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
June 2024
English Court Reverses Celestial; UniCredit Right to Refuse Payment
In a high profile case involving standby letters of credit issued in connection with aircraft leases to Russian airlines and
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
