Commodities & Trade

Our firm advises international commodity and agricultural producers and traders on a variety of disputes that can arise from sale and purchase agreements on issues surrounding quality, non-delivery and late delivery of goods. We have also represented clients in disputes with local distributors under distribution agreements concerning issues such as failure to meet targeted sales and failure to meet quality standards. We also advise clients in this industry in managing claims under relevant insurance policies.

Most of the disputes we advise on involve arbitration as the chosen dispute resolution mechanism in the contract. We are able to advise on contracts incorporating English, New York or Singapore law as the governing law, as well as local laws (working with local counsel).

Our lawyers’ notable matters include:

  • Advising a Dubai based international resources company in a Singapore International Arbitration Centre (SIAC) arbitration against an Indonesian coal supply company. SIAC Rules: Singapore seat.
  • Advising a United Arab Emirates coal trading company as counsel in SIAC arbitration arising out of contracts for the sale, purchase and shipment of coal from Indonesia to India.
  • Advising a Japanese trading company in making recoveries under a trade insurance policy covering losses arising out of the sale of plastics to Russian and Chinese buyers.
  • Advising a Japanese trading company in a series of London ad hoc arbitrations and parallel TOMAC arbitrations arising out of a series of commercial bulk carrier shipbuilding contracts, including (a) disputes as to the availability of legal set-off under English and Japanese law and (b) the seaworthiness of the vessels’ seaworthiness.
  • Advising a Thai listed commodities company against a Hong Kong listed investment company in respect of a joint venture in a coal mine and power station project in Indonesia: SIAC Rules Singapore Seat.