Global trade is constantly changing. As clients strive to flourish in uncertain times, they benefit from working with a law firm that understands the latest developments in trade and export finance.
Our market-leading, London and New York-based Trade & Export Finance group has won a string of accolades, including Global Trade Review’s “Best Trade Finance Law Firm” in the GTR Leaders in Trade Awards 2017, and Trade & Forfaiting Review’s “Best Law Firm in Trade Finance” at the 2016 TFR Excellence in Trade awards.
We advise well over 35 major trade finance banks and financial institutions as well as funds, corporate borrowers, agents and trustees, national and international organizations and the insurance market. We advise this extensive roster of clients on transactions in a wide range of jurisdictions, with a special emphasis on emerging markets, including Africa, Asia, CIS, Middle East and Latin America.
We have advised a major global bank on a $175 million commodity financing facility for a UAE/Pan-Africa trading group; a club of international banks on an ECA supported financing in excess of $170 million in relation to an electricity infrastructure project in Zambia; JP Morgan, as Mandated Lead Arranger and Agent, on a multi-million dollar loan made by UKEF under its direct lending facility to the Kurdistan Regional Government; and Deutsche Bank as documentation agent in relation to the annual $1.8 billion pre-export syndicated facility provided to the Ghana Cocoa Board. This financing typically has a syndicate of more than of 30 banks and is the largest soft commodity financing in Sub-Saharan Africa each year.
Our practice is multi-disciplinary and comprises lawyers who are experts in trade and export finance, project finance, asset finance, securitization, securities law, insurance, tax, compliance issues and dispute resolution. We have advised on deals involving all types of commodities including softs, metals, oil and gas.
The group advises on transactions involving both English and New York law as its main law. With our extensive network of law firms across the globe, we can cover all cross-border issues and provide advice on local law issues, including:
- Commodity financing:large syndicated pre-export financings, prepayment transactions, borrowing base, reserve base lending and inventory financings and commodity repos.
- Receivables financing:multi-jurisdictional supply chain finance programs, invoice discounting, factoring and forfaiting transactions.
- Structured financing:asset acquisitions, distribution, securitizations, hedges, credit derivatives and synthetic securitizations.
- Trade services:advising on trade finance instruments and the application of uniform rules of export credit agency (ECA) finance: short, medium and long-term export credit agency and multi-source finance.
- Insurance:advising insurance brokers, investment funds, government agencies and corporates on commercial insurance arrangements including those which support structured trade, commodity and pre-export financing.
- Trade disputes:we represent clients in disputes in fora through the world, including the International Chamber of Commerce, the London Court of International Arbitration, American Arbitration Association, and ad hoc arbitrations, as well as traditional courtroom proceedings.
- Regulation:our partners regularly advise on regulatory (Basel III), bribery and corruption issues and sanctions issues particularly in connection with trade and export finance.