Caroline Brader-Smith

Caroline Brader-Smith

Reed Smith

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Common time limits for trade and shipping claims – a print-out guide

Introduction - A “limitation period” is the period of time within which court or arbitration proceedings must be commenced. Every legal claim will be subject to a limitation period, imposed either by the governing law...more

2/12/2014 - Shipping Statute of Limitations Trucking Industry

Emergency Response in the Energy & Natural Resources Sector: The Lawyers’ Perspective

Introduction - The term "emergency" can encompass a wide range of events, including on and off shore casualty incidents, such as fire, explosion and collision, environmental disasters, the impact of sanctions and/or...more

12/12/2013 - Attorney-Client Privilege Emergency Management Plans Emergency Response Jurisdiction Natural Disasters Safety Precautions Training

Credit Escalation Clauses in Letters of Credit

It is increasingly common to have a ‘credit escalation clause’ in a documentary letter of credit (“LC”) relating to the sale and purchase of crude oil and petroleum products. This alert, which follows alert 13-215 Letters of...more

9/24/2013 - Letter of Credit Oil & Gas UK

Letters of Credit and Commodities Contracts – Best Practices Revisited/Optional Confirmation

In this client alert, we revisit some best practices for using documentary letters of credit as the payment mechanism under commodities contracts. We also look at L/C confirmation and confusion which can arise with "may...more

8/12/2013 - Commodities Letter of Credit

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