Collected DOCDEX decisions, 2009-2012 : decisions by ICC by Gary Collyer, Ron Katz

By Gary Collyer, Ron Katz

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Extra info for Collected DOCDEX decisions, 2009-2012 : decisions by ICC experts on documentary credits, collections and demand guarantees

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Both drafts were signed by a person named [Mr X] who acted as the authorized signer of the beneficiary. Based on a copy of the drafts submitted by the initiator, there was a correction made to the bill of lading date on the Second of Exchange and a small round chop bearing the word “correction” with a signature shown next to the correction. The signature associated with the correction chop is the same as that of [Mr X], the person who signed the drafts as authorized signer of the beneficiary. There was no correction made on the First of Exchange.

4) the documentary credit was available with the Initiator with drafts drawn on the Initiator 180 days from date of negotiation. 21 October 2008 This was the date of the forwarding schedule from the Initiator to the Respondent. The Respondent refused the documents stating seven discrepancies (see below). 2 November 2008: The Initiator responded to the Respondent indicating that it did not agree to the stated discrepancies. 2009), the actual intention of this statement is not clear to the Panel of Experts.

Ltd. , Ltd or by carrier. Word on the upper side of manual signature of B/L indicating it was issued and signed by agent, but on the bottom side it also indicating it was issued and signed by as carrier. ” Issue to be decided Does the presentation made by Initiator constitute a complying presentation? Analysis Discrepancy No. 1: The name of the vessel carrying the goods is Vessel A. 819W” or “819W” is a clear indication of the voyage number for that particular vessel. It is the opinion of the Experts that this does not raise any confusion as to on which vessel the goods have been shipped on board.

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