Articles by author
The drafting jigsaw: LIBOR reform and forward-looking term rates
With the birth of nearly Risk Free Reference Rates (RFRs) bringing currency specific benchmarks for interest rates to replace LIBOR, new jargon and industry and regulator guidance, how can a borrower, or for that matter a lender, start to piece together the drafting it needs for bespoke finance documents?
1 OCT 2021Understanding export controls in UK sanctions legislation relating to Russia: issues for lenders
As exports from the UK to, or for use in, Russia since Spring 2022, have been the subject of rapidly changing restrictions, it has been tricky to keep track of how to navigate and interpret the legislation. In this article Jacqueline Cook, Of Counsel and Senior Knowledge Development Lawyer at Sullivan & Worcester UK LLP, looks at where the UK rules relating to Russia sit and explores how the legislation borrows concepts from commercial law to identify the assets.
1 NOV 2022The Electronic Trade Documents Act 2023: the key to the future?
Innovation is evidence of how trade and trade finance are developing in the international markets with the use of electronic platforms and technology which is constantly changing and improving. Internationally, the law, generally, has been trailing behind commerce and applications for trade. The coming into force of the Electronic Trade Documents Act 2023 (the Act) on 20 September 2023 is the key to legal recognition for certain electronic trade documents under English law. The Act, which is a very short piece of legislation, gives certain documents used in trade and trade finance the same legal status and protection as the equivalent documents in paper form. This article looks at some areas of the Act and the effect of the Act in the context of trade and trade finance.
1 OCT 2023
