Webinar: THE LAW SHOULD CALL A FRAUD, A FRAUD: LETTERS OF CREDIT & FRAUD

We hosted a webinar to discuss the recent Court of Appeal decision in Winson Oil vs OCBC where the bank was successful in resisting payment under a letter of credit. We analyse the fraud test under letters of credit and the practical implications of the judgment for oil traders making representations by LOI.

A key report for stakeholders navigating risk and how to structure design choices around verification,

You structured the deal carefully. Majority stake. Board control. Veto rights. Financial oversight. Six months

Force majeure notices are moving through commodity trading chains at speed. Tanker hesitancy, war-risk insurance