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The Court of Appeal found a confirming bank to be in breach of contract by declining to make payment under a confirmation to a letter of credit on the basis that a sanctions prohibition...
Singapore Court Of Appeal Decision Highlights The Importance Of Accurate Internal Sanctions Assessments In Contractual Risk Management. Legal News and Analysis - Singapore - Dispute Resolution, Insolvency & Restructuring -
In recent years, heightening international tensions have led to increased sanctions risks. Recently, two English law cases involving sanctioned Russian leasing companies, Havila...
BIMCO’s Documentary Committee has approved two charter party sanctions clauses to help owners and charterers manage due diligence…