Trade Credit and Political Risk Practice
Our Hong Kong and London teams have significant expertise in advising insurers, reinsurers, brokers and others on trade credit and political risk disputes.
Our extensive network in Europe means we are particularly well placed on European losses.
We have experience in relation to confiscation, expropriation, nationalisation or deprivation, political violence and terrorism, and contract frustration and credit risk.
We have advised on claims arising out of corporate bankruptcies, commodities frauds, riots and the expropriation of assets.
Our recent work has included advising on:
- A political violence claim arising from the 2020 Chilean riots.
- Claims for trade credit losses arising out of alleged commodity frauds.
- Claims for losses arising out of the Qingdao metals fraud.
- The application of an alternative payment event clause and the provision of state guarantees.
- Claims arising out of the insolvency of British Steel.
- A claim by a reinsured for losses paid under the trade credit extension of a policy due to a default by a cocoa trader.
For more information and detailed credentials, contact the Partner team, details above.
Legal experts for Trade Credit and Political Risk Practice
Explore more
.jpg)
Local market knowledge. Global outlook
We provide future-facing legal advice to help your organisation thrive. Combining local market knowledge and a global perspective, and with lawyers in locations worldwide, your organisation benefits from the expertise it needs, even across borders.
About CMS