Case raises important questions and concerns about a URDG guarantee issuer’s obligations and distinguishing an independent bank guarantee from an escrow account arrangement.
For the 26th consecutive year, the IIBLP conducted its one-day Americas Letter of Credit Law Summit. Held in New York City on 5 November 2025 and hosted by Baker McKenzie, the program was organized as a hybrid event. This Executive Summary provides an overview of key topics discussed and debated.
Two Indian banks which lost funds nearly a decade ago from fraudulently obtained letters of credit and non-payment of loans
Tata Steel has announced execution of its first import shipment using an electronic bill of lading.
According to a 11 July 2025 press release from the global steel company, the trade transaction involved coal imports from Queensland, Australia, to Dhamra Port in Odisha, India, and was Tata Steel’s first paperless import transaction under an LC fully backed by digital processes.
Two Indian banks which lost funds nearly a decade ago from fraudulently obtained letters of credit and non-payment of loans
The Australian Standing Council of Attorneys-General (SCAG) issued a Communique on 14 November 2025 on a range of agreed issues,
The Egyptian Customs Authority has formally announced that the mandatory application of the Advance Cargo Information (ACI) system for air
The ICC Banking Commission has released a Steering Committee Statement to its members and ICC National Committees regarding withdrawal of
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