August 2026
DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
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Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and subject to local law. If the beneficiary submits its demand but wants to assign the proceeds to its creditor, can the bank pay the creditor? This question was taken up at the IIBLP’s 2026 Guarantee & Standby Forum in Singapore.
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DCW Updates
ICC Finalizes Six Opinions at July 2026 Session
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DCW Updates
ICC Banking Commission Updates on Its UCP Educational Push
Beyond discussion and finalization of six ICC Opinions at its quarterly Technical Advisory Session on 21 July 2026, the ICC
DCW Updates
ICC Issues TAB on Force Majeure under UCP
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DCW Updates
TAB-16 Addresses Three Aspects of Third Party Documents
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