Banking & Finance | Trade Finance
We work for the providers of trade finance services, whether banks, lenders or finance houses. We also advise traders and those raising finance.
We advise on:
- letters of credit facilities
- bills of exchange
- counter-trade arrangements
- legal aspects of currency hedging
- debtor insurance products
- commodities hedging, together with other SWAPS and structured derivatives products
Our expertise
We act for various providers of trade finance and have prepared standard documentation, contract terms and procedures manuals for UK and overseas financiers.
We are panel lawyers to Banks and other providers of trade finance facilities to businesses for the documentation of trade finance facilities and associated security. We act in resolving disputes before the courts, both directly in connection with trade finance facilities and also including in wider disputes involving assets, fraud, asset-tracing and insolvency.
We act for a wide range of traders to help them structure and put in place finance, source finance and negotiate the terms and documentation.
Our experience:
- acting for a global computer-game company on its multi-jurisdictional finance arrangements with customers and putting in place structures with co-financiers
- helping an Asian-based manufacturer document its loans to customers and take security over stock and other assets in the UK
- advising an in-flight catering provider on financing its trading and other assets globally and securing income streams for its lenders across the globe
- working with the syndicate of financiers to an airline group to secure trade debts in multiple jurisdictions, obtain central bank consents and mitigate the impact of exchange controls on debt servicing in the UK and US
- acting for manufacturers, travel companies and others on their currency-hedging documentation with a wide range of counterparties
- helping international traders on letters of credit arrangements with global banks
- advising on putting in place invoice discounting facilities across multiple jurisdictions for a global recruitment company
Related Expertise
Our Team
Articles & Publications
ECCTA comes into force in stages and this article aims to provide a concise overview of what changes have been introduced, what are the upcoming changes and how to prepare for them. Organisations should be aware of these changes to ensure compliance and avoid the risks of penalties.
The Economic Crime and Corporate Transparency Act (the “Act”) has introduced a number of reforms to Companies House in March this year. One of the Act’s aims is to improve corporate transparency and enhance the role of Companies House.
In our latest review we reflect on some notable developments and trends in UK corporate and commercial law.
The UK government has been exploring a programme of wide-ranging reforms to the listing regime since 2020. This was driven in part by market feedback indicating that the UK listing regime was regarded as overly burdensome and deterring companies from listing in the UK.
In the second part of our year end recap, we reflect on some of the more notable developments of the past 12 months in the areas of Mergers & Acquisitions, Corporate Governance and Business Crime.
The corporate finance regulatory framework is experiencing seismic shifts as the UK government looks to implement change necessitated or facilitated by Brexit and to maintain and enhance the UK’s position in the global financial marketplace. As we approach the year end, we recap on the status of some of the key changes and developments in the UK’s corporate sector over the past 12 months.
As we enter a new year, environmental and social responsibility becomes an ever brighter light on the radar of business. A series of diverse drivers have converged to ensure that ESG (Environmental, Social, Governance) has become or is fast becoming a top priority for businesses across the globe.
Our Capital Markets Briefing covers the FCA Task Force on climate-related financial disclosures, the UK Secondary Capital Raising Review, the UK Prospectus regime review and the FCA confirming that it will be extending to standard listed companies the obligation to make climate related disclosures.
In our latest briefing, we look at warranty disclosures following the recent Court of Appeal ruling in Butcher v Pike [2021] along with warranty claims and interpretation of financial caps following the High Court decision where a claim for breach of warranties in a share purchase agreement was considered.
On 15 November 2021, the government published new National Security and Investment Act 2021 (NSIA 2021) guidance on notifiable acquisitions and updated guidance on what to expect when an acquisition is being reviewed and assessed.