DCW Monthly: June 2025

This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.

Chris Sandler Jun 13, 2025

A Critical Review of ICC Opinion TA.948

Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.

Rupnarayan Bose Jun 13, 2025

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

DCW Newsroom Jun 13, 2025

DCW Updates

UNCITRAL’s Draft Convention on Negotiable Cargo Documents Entering Final Phase

DCW Newsroom Jan 16, 2025

Working Group VI of the United Nations Commission on International Trade Law (UNCITRAL) held its 45^th session, 9-13 December 2024, at the United Nations in Vienna. Emerging from this effort, it is expected that the Working Group’s draft convention on negotiable cargo documents (NCDs) will be finalized and presented to the UN General Assembly for adoption in late 2025.