Working at the leading edge of international trade and export finance, we act for banks, development banks, export credit agencies, traders, exporters and other market players. Our extensive experience spans the breadth of structured trade and commodity finance.
We offer a strong combination of an understanding of physical and derivatives contracts, shipping, trade and commodities finance, regulatory and contentious experience to international clients from all of our key offices. This means we are able to advise lenders and borrowers on all aspects of even the most complex trade financing mandates, including in relation to cutting-edge trade receivables transactions.
We take a commercial approach to providing solutions whether using established methods or innovative structures such as Shari'a-compliant techniques.
Our highly rated dispute resolution team have vast experience of trade finance disputes and advising on the cross border issues which arise.
Areas of practice
- structured pre-export financing
- structured pre-payment financing
- warehouse financing
- limited-recourse structures
- facilities backed by export credit agencies
- documentary credits and standby letters of credit
- forfaiting, bill acceptance and note purchase facilities
- commodity financing
- factoring, invoice discounting and receivables financing
- workouts, recoveries and litigation
- tax structuring.
The practice brings together finance, litigation and trade expertise and is very strong in receivables financing, where the ‘quality and timeliness of advice is exemplary’
The Legal 500 UK 2014
Prepayment financing for US oil company
We advised our client on a prepayment financing for oil in storage in an FPSO operating in an offshore Nigerian oil field
Repurchase agreement for major Australian bank
We advised a major Australian bank on a repurchase transaction for powdered milk stored in European warehouses
Term loan facility for Scottish oil company
We are advising our client on a term loan facility to finance the development of additional oil production in an offshore Nigerian oil field.
Invoice discounting facility for European receivables for an international bank
We advised the bank on it's on the purchase of receivables due to a global food group in respect of sales in various European markets.
Purchase of receivables for an international bank
We are advising the bank on the purchase of receivables in England, France, Germany, Switzerland and Italy.
Uncommitted facilities International bank
We advised the bank on uncommitted facilities for financing oil trading for two major oil trading companies
Trade finance documentation advise for Hong Kong finance provider
We are advising the finance provider on standard trade finance documentation for purchase and on-sale financing in England
England-based facility for café imports for an international bank
We advised a major Australian-based lender on various cross-border and storage goods security issues. The transaction also involved financing the commodity stocks stored in warehouses by various entities in the borrower group.