On 12 September 2023, the European Commission proposed a new EU Regulation on combatting late payments in commercial transactions which will revise and replace EU Directive 2011/7/EU (the Late Payment Directive). The...more
9/28/2023
/ Creditors ,
Debtors ,
Enforcement Actions ,
EU ,
EU Directive ,
European Commission ,
Late Payments ,
Legislative Agendas ,
Proposed Regulation ,
Regulatory Agenda ,
Small and Medium-Sized Enterprises (SMEs)
Sam Fowler-Holmes, Partner assisted by Jacqueline Cook, Of Counsel and Senior Knowledge Development Lawyer, presented our January webinar which looked at the second edition to A Practitioner’s Guide to Trade and Commodity...more
2/4/2022
/ Banking Sector ,
Environmental Social & Governance (ESG) ,
Export Credit Agencies ,
Exports ,
Financial Services Industry ,
Financing ,
HM Treasury ,
Lenders ,
Letter of Credit ,
Supply Chain ,
Sustainable Finance
At the latest Trade & Export Finance webinar, Sam Fowler-Holmes, a partner in the Trade & Export Finance Group at Sullivan's London office, gave some valuable insight into what to consider before using a special purpose...more
We write to advise you of important legislation just enacted in the United States and proposed legislation in the United Kingdom.
The National Defense Authorization Act for Fiscal Year 2021 (NDAA) was recently passed by...more
This article is the second in a series looking at how to address some of the issues affecting trade finance documentation and transactions in the current climate.
The first article in this series analysed some of the...more
9/2/2020
/ Borrowers ,
Commercial Insurance Policies ,
Contract Amendments ,
Contract Terms ,
Coronavirus/COVID-19 ,
Financial Obligations ,
Guarantors ,
Lenders ,
Loan Agreements ,
Loans ,
Security Agreements ,
Trade Finance Exemption ,
Waivers
This alert is the first in a series addressing the issues affecting trade finance documentation and transactions in the current climate.
Issues concerning documentation have been at the forefront of discussions in the...more
6/17/2020
/ Banking Sector ,
Contract Terms ,
Coronavirus/COVID-19 ,
Export Controls ,
Export Credit Agencies ,
Exports ,
Financing ,
Lenders ,
Letter of Credit ,
Manufacturers ,
Participation Agreements
UK companies who are trading or are considering trading with Iran may now face potential criminal penalties for breaching the EU Blocking Statute, underscoring the need to carry out due diligence in order to best manage their...more