Welcome to the tenth edition of Commodities in Focus (CIF); our bulletin for clients engaged in the production, trading, carriage, storage and financing of commodities.

One year into the global pandemic and we have all grown weary of the dreaded phrase “you’re on mute!”

On a more serious note, we have certainly seen a number of common themes arising from the disruption caused by COVID-19. Among other things, there have been increased insolvencies giving rise to a number of complex legal issues, counterparties desperately searching for exit strategies in their sale contracts which are no longer deemed to be attractive or profitable, and of course the significant rise in virtual hearings. As if that wasn’t enough to keep law practitioners busy, the Withdrawal Agreement was ratified by the British Parliament cementing the UK’s departure from the EU.

We cover these topics and more in this edition of CIF. We are also thrilled to introduce our podcast series, which complements our bulletin and provides an overview of key legal developments and topical issues facing clients engaged in commodities.

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