In this article, the Singapore Dispute Resolution team discusses recent case law developments in banks’ obligation to make payment under letters of credit, where such obligation is tainted by false and/or fraudulent representations made by the beneficiary.
Our experienced team of lawyers provides commercial balance and full legal services to clients across the entire global oil and gas value chain.
From extraction and processing to distribution, trading and financing, the oil and gas supply chain is highly interdependent. Our comprehensive understanding of every aspect of the industry enables our oil and gas specialists to work together on complex and multi-jurisdictional projects, transactions and disputes to help our clients achieve their commercial goals.
Our work includes advising on the acquisition and disposal of oil and gas assets, project development, investments and financing.
A particular strength is reserve-based lending where we advise on the financing of both development and producing assets globally. We also draw on the firm’s acknowledged expertise in the maritime sector to support clients whose activities involve complex offshore/floating assets such as FPSOs (Floating Production Storage and Offloading), FSRUs (Floating Storage Regasification Units) and LNG (Liquefied Natural Gas).
We count national oil companies, E&P companies, offshore services, storage and distribution companies, lenders (both commercial and multilateral) and investors (including private equity) among our clients.
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The article provides an overview of the new German Buildings Energy Act and how it will impact municipal heating planning.
BW Energy has acquired 100% of the operated working interest in the Golfinho cluster.