In Memoriam: James Barnes
The trade world was saddened by the news of the loss of one of our own: Jim Barnes. Below are
DCW Litigation Digest
Windsor Township v. Tompkins Financial Corp. [2021]
Developer Greth Development secured a letter of credit from Tompkins Financial to ensure completion of a townhouse project for Windsor Township. After project delays and a breach, Windsor sued the developer and demanded payment from Tompkins, who refused.
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DCW Litigation Digest
ANZ Bank, Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2024]
Retrial application dismissed in case involving a dispute over alleged fraud and application the PRC Independent Guarantee Provisions to a standby LC governed by ISP98.
DCW Litigation Digest
Ryobi Tactics Pte Ltd. v. UES Holdings Pte Ltd.
Applicant sued, claiming that demands on four performance bonds were unconscionable.
DCW Litigation Digest
North American Airlines, Inc. v. Wilmington Trust Co.
Lessee sued Lessor/Owner Trustee for breach of contract and conversion.
DCW Articles
LCs That Contain a Law and Jurisdiction Clause
Given the success of practice rules and banks’ ability to more readily find resources for the proper interpretation of the rule sets, does it not make sense to avoid inclusion of a governing law or jurisdiction clause?
