Event speakers and program agenda topics are subject to change
8:30 – 9:00 Registration & Check-In
9:00 – 9:30 Welcome & Introductions
9:30 – 10:30 Treasury, Working Capital, and Risk Management: Emerging Trends and Strategic Insights
Learn the latest in treasury, working capital and risk management from our panel of experts as they explore emerging trends including email presentation, rules revisions, and more.
- Genuineness of Standby LCs: Whose Responsibility to Check and How to Do So?
- Issuing Banks Requiring Advising Banks to Authenticate Presentations
- Beneficiary Address Change
- Transfer When Original is Lost
- Counter Undertaking Wording Mandated by Local Bank
- eISP98 – does ISP need a revision for ETRs and eSBLCs?
Moderator: Michael AVIDON (Moses & Singer)
Panelists: Glenn RANSIER (Wells Fargo); SOH Chee Seng (ABS & IIBLP); Jose MORAN (Baker McKenzie); Lorna STRONG (LSE)
10:30 – 10:45 Coffee & Networking Break
10:45 – 11:45 Case Closed: Lessons from SBLC Litigation
Hear from our globally recognized legal experts about the latest standby & guarantee court decisions and their impact on your operations. Cases include:
- Illinois DNR v. Regions Bank, 2025 IL App. 4th 230085(U) (Wording of auto-extension clause in standby issued by predecessor bank)
- DJY v. DJZ, [2025] SGHC(A) 18 [Singapore] (whether beneficiary’s demand complied with ISP98 Rules 3.06 and 4.04)
- Litasco SA v. Banque El Amana SA [2025] EWHC 312 (Comm) [England] (Whether payment under UCP600 standby could lawfully have been made)
- ERA Capital L.P. v. Soleil Chartered Bank (a warning to bank employees not to make representations about other banks or parties)
- In re Spiegel (what certified means with respect to a government or court-issued document)
- Ee Hup Construction v. China Jingye Engineering (unconscionability; independent nature of on-demand performance bond)
Moderator: Carter KLEIN via Zoom (Jenner)
Panelists: Li HUANG (Hylands Law Firm); SOH Chee Seng (ABS & IIBLP); JIN Saibo (JTN); Robert McFARLANE (Moses & Singer); Joseph NISA (Nisa Law Firm); Natalie LEDERMAN (Sullivan & Worcester)
11:45 – 12:00 Coffee & Networking Break
12:00 – 12:30 Safety in Numbers: Syndicated SBLCs That Play Well Together
Syndicated SBLCs can unlock capacity and flexibility for large deals — but only if the participating banks truly stay in sync. This session explores how careful drafting, clear inter-bank coordination, and thoughtful structuring can keep multi-party standbys running smoothly, prevent disputes before they arise, and ensure the instrument functions as intended from issuance through enforcement.
Moderator: Mary ROSEN (Wells Fargo)
Panelists: Michael AVIDON (Moses & Singer); Paul RODER (Moses & Singer)
12:30 – 1:30 Lunch Break
1:30 – 2:15 Understanding Capital Relief and True Participation
Buying, selling and sharing risk: meeting regulatory requirements, managing cost of funds, and growing your business. Hear our panelists discuss best practices for capital management.
Moderator: Lorna STRONG (Consultant)
Panelists: Nate HUMMEL (Allianz Trade); Mike AVIDON (Moses & Singer); Geoff WYNNE (Sullivan & Worcester)
2:15 – 3:00 When Bad Clauses Happen to Good Bankers
Join our SBLC/BG specialists in the operating room as they perform surgery on the most overbearing, unrealistic, and downright dysfunctional clauses in SBLCs — from bloated scopes of liability to vague invocation triggers, expiry traps, and legal mismatches. You might just discover that your own clause needs CPR.
Moderator: Gyanendra PRASAD (BNP Paribas)
Panelists: Hanno ERWES (HSBC); Rick MARTINEZ (Hogan); Frank FORTES (TD)
3:00 – 3:30 Coffee & Networking Break
3:30 – 4:00 Your ISP98 Tool Kit: Plug & Play Model Forms
Freshly revamped for easier use, the ISP98 Model Forms aren’t just templates - they’re expert-crafted tools designed for nine real-world standby situations. Each comes in two useful formats: one is a fillable version for those ready to hit the ground running, and the other contains helpful annotations that give the "why". Our panelists will spotlight some of the hidden gems tucked inside.
Moderator: Michael BYRNE (IIBLP)
Panelists: Frank PETRASSI (JPMorgan); SOH Chee Seng (ABS & IIBLP); Frank FORTES (TD)
4:00 – 4:45 Coffee with Corporates
A candid conversation between leading corporate users and a seasoned standby LC banker, this session sheds light on the practical hurdles companies face when navigating standby LC requirements. From operational friction to communication gaps and evolving expectations around digitalization, this panel brings the end-user perspective front and center—offering insight bankers can use to better meet corporate needs.
Moderator: Frank PETRASSI (JPMorgan)
Panelists: Mitsuko RICHARDSON (BOEING); Mareta SOLE (Zeeco)
4:45 – 5:00 Asked and Answered: A Nickel’s Worth of Free Advice
This is your chance to ask the panel of experts thorny questions about situations you’ve seen in practice.
5:00 – 5:00 Raffle Draw and Closing
