Sumeet IS GLOBAL MINING & COMMODITIES SECTOR co-head and a partner in the dispute resolution group.
Sumeet has over twenty years of experience in the management of complex, high-value international disputes, with particular expertise in international commodity trading, structured trade finance and shipping. His clients include the world’s leading agricultural commodity traders, mining majors, energy traders, oil and gas supermajors, trade finance lenders, trade credit insurers, brokers and shipowners/operators. He has assisted his clients in obtaining favourable outcomes in a number of large, complex multi-jurisdictional arbitrations including matters subject to the rules of the ICC, HKIAC, SIAC, LCIA, LMAA, SCMA, GAFTA and PORAM.
Before turning to private practice, Sumeet spent over a decade in-house, including senior roles at leading commodity trading houses. His unique in-house experience allows him to provide his clients with innovative, cost-effective, practical and commercial legal solutions and he routinely leads the negotiation and drafting of international trade contracts, trade finance documentation and charterparties.
He is qualified in England & Wales and is a member of the Institute of Chartered Shipbrokers. He speaks fluent English and Hindi.
- Acting for a commodity trader in a US$1.4bn claim against a defaulting trade credit lender; successfully obtained an HKIAC Emergency Award requiring the lender to resume performance of its obligations.
- Successfully obtained summary judgment in court proceedings for a leading agricultural commodity trader against a trade credit underwriter, in relation to its failure to make payment under a performance bond.
- Successfully completed a project for the re-drafting of the contract templates being used by a mining major for all of its product lines, including iron ore, base metals, finished metal products and freight.
- Acting for a charterer/C&F seller of agricultural commodities in back to back LMAA arbitrations in respect of claims arising out of a vessel’s prolonged stay at her discharge port.
Education
- 2002 · National Law School, Bangalore, India, LL.B. (Hons.)
memberships & associations
- Member of the Institute of Chartered Shipbrokers
- EventSingapore Maritime Breakfast Seminar
- ArticleTrick or treat? Conditions, warranties and innominate terms – you decide
- ArticleCommon sense prevails – Circular trades deemed not inherently fraudulent
- ArticleFraud: neither mindful nor demure
- ArticleEnhancing Global Trade Efficiency? UNIDROIT’s New Model Law on Warehouse Receipts