Multi-jurisdictional and multi-million-dollar claims in the wake of the collapse of a substantial commodities player

Acting for the National Bank of Fujairah in the pursuit of multi-jurisdictional and multi-million-dollar claims, in the wake of the collapse of a substantial commodities player. The claims concern multiple shipments of cargoes financed by the Bank that had been wrongfully misdelivered to third-parties, with recourse being sought by us on the Bank’s behalf against shipowners and significant commodity traders. We have successfully recovered for the Bank on the first few in the series of claims through our cross-jurisdictional strategy, spanning Southeast Asia, United Kingdom (including a recent success before the English Commercial Court), India, China and the Middle East.  The pursuit of the other claims continues, on the back of these successes. Partners Kendall Tan and Max Lim from the Shipping & International Trade Practice Group are leading the matter.