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Article

How reliable is a Payment LOI?21 March 2024

Three decisions have put the spotlight on what reliance can be placed on a Payment LOI by a buyer or issuing bank under a LC. Marketable title was title that may at all times and under all circumstances be forced on an unwilling buyer in contrast to a title which would expose the buyer to litigation or hazard.

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Article

Pitfalls in Relying on Bills of Lading13 November 2023

The article examines the robustness of bills of lading as security in the hands of a bank and the circumstances that may preclude the bank from recovering its losses or claiming against the carrier. It also considers the implications of using electronic bills of lading.

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Article

What Matters?9 October 2023

This article summarises two significant judgments in England and Wales and the Cayman Islands focussing on stay of court proceedings pending arbitration.

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