#letterofcredit
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Articles and case comments
- Kuvera Resources Pte. Ltd. v. JPMorgan Chase Bank NA [2023] SGCA 28This was the claim made by Kuvera Resources Pte. Ltd. (the claimant) for executing the letters of credit in its favour by JPMorgan Chase Bank NA (the defendant). The claimant paid the Indonesian seller in advance to facilitate the sale and purchase of the coal agreement. The buyer of the coal was…
