Compensation, Mitigation and the GAFTA Default Clause
In this article, Archit Dhir and Alex McCue discuss the recent UK Supreme Court decision in Sharp Corp Ltd v Viterra BV on the measure of damages under the GAFTA default clause.
Leveraging our knowledge of global supply chain interfaces enables us to expertly guide clients through complex projects in familiar and unfamiliar jurisdictions.
Competition for the world’s natural resources is fierce. Companies active in the areas of mining and commodities require risk sensitive advice that is bankable and workable on a day-to-day operational level. With our in depth knowledge of several intersecting industries – energy, transportation, infrastructure – and global team, we are well positioned to advise, especially in the investment hotspots of Africa, Latin America and Asia.
We have the skills to take on the lifecycle of these projects including cross-border and domestic M&A, joint ventures, capital markets, project finance, private equity transactions, restructurings, infrastructure and construction projects, commercial agreements, regulatory, insolvency and dispute resolution.
Our clients come from across the natural resources supply chain – from exploration and production companies, owners, operators, services companies, distribution companies and transporters to local and national governments, traders, banks, export credit agencies, financiers, funds and other investors.
Insights
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Seabed Activities in Domestic Jurisdictions: Why Coastal States should pay attention to the work of the International Seabed Authority
This article explains how UNCLOS requires States to meet or exceed the standards being set by the International Seabed Authority in relation to pollution control and considers what this might mean for the regulation of seabed activities by States.
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Developments in the London listing markets: Financial Services and Markets Act 2023 and changes to UK financial promotion regime
We report on the passing into law of the Financial Services and Markets Act 2023, which creates a new financial services regulatory framework for the UK, and changes to the exemptions for high net worth individuals and sophisticated investors under the UK financial promotion regime in January and March 2024.
