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Sullivan & Worcester UK LLP

TOWER 42, 25 OLD BROAD STREET, LONDON, EC2N 1HQ, ENGLAND
Tel:
Work 020 7448 1000
Email:
Web:
www.sandw.com

London: Dispute resolution

Commercial litigation
Commercial litigation - ranked: tier 8

Sullivan & Worcester UK LLP

Sullivan & Worcester UK LLP is 'a niche practice that adopts a partner-led approach on cases rather than using a large team'. It has expanded its London capabilities beyond its traditional trade and export finance expertise to include banking, finance and insurance disputes. Insurance and dispute resolution partner Marian Boyle's practice also includes cross-border disputes.

Practice head(s):Marian Boyle

Testimonials

'The team's management of cases is impressive'.

'Marian Boyle is truly a force to be reckoned with - she is intelligent, tough and responsive to clients' needs'.

Key Clients

ITFA

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London: Finance

Trade finance
Trade finance - ranked: tier 1

Sullivan & Worcester UK LLP

During the five years since the firm opened its London office, Sullivan & Worcester UK LLP has built up the largest dedicated trade finance practice in the City. The primary focus of the office is trade and export finance, and it has six specialist partners including seasoned practitioners Geoffrey Wynne, Simon Cook and Mark Norris, who 'stand out from the rest of the market for their in-depth capabilities and specialisation in trade finance'. Clients also remark that the firm has 'genuine interest in trade and export finance and is keen to contribute to the industry dialogue' and is 'highly responsive and thought-provoking, with a very commercial approach'. The firm counts major trade finance banks and other financial institutions, funds, corporate borrowers, agents and trustees, and national and international corporations among its clients. Marian Boyle leads the firms' UK insurance and disputes practices, making her the main point of contact for trade finance litigation. Managing associate Hannah Fearn, who frequently acts for leading banks in syndicated and bilateral pre-export commodity financings, and senior associate Sam Fowler-Holmes, whose experience includes structured and unstructured trade finance Europe, the CIS, Africa and Asia, also play key roles in the practice.

Practice head(s):Geoffrey Wynne; Simon Cook; Mark Norris; Marian Boyle

Other key lawyers:Hannah Fearn; Sam Fowler-Holmes

Testimonials

"The firm is a leader in the field of trade finance legal services, with key contributors to critical industry-wide initiatives, therefore setting the pace for all market participants.'

"The firm presents what is possibly the best value in the industry as due to their intrinsic knowledge of the way in which their clients operate."

"Geoffrey Wynne, Simon Cook and Marian Boyle are opinion leaders in different areas of trade finance and between them combine an impressive number of years of relevant experience. Their level of integrity is paramount and they truly act in partnership with their clients."

"Because of the knowledge of the partners, they are able to express themselves in a way that is accessible to all market participants and correct, taking their clients' interests to heart."

"The firm has strong knowledge in and experience of the trade and commodity finance, project finance and insurance sectors."

"The team provides direct access to the partners for advice and solutions, and delivers a friendly and professional service combined with an in-depth knowledge of the products and markets."

"The practice is proactive, knowledgable and willing to work in the pre-contract stage."

"Mark Norris is knowledgeable, engaged and always willing to go the extra mile."

"The firm has outstanding trade finance capability married with market leading Insurance expertise."

"The firm has specialist knowledge of trade and export finance, particularly in the emerging markets."

"Mark Norris is knowledgeable, calm and flexible."

Key Clients

Citibank

Deutsche Bank

Nordea

Crown Agents Bank

International Trade and Forfaiting Association (“ITFA”)

J.P. Morgan

Santander

Rabobank

Afreximbank

Wyelands Bank plc

Macquarie Bank Limited

Nordea Bank AB

Scipion Capital Limited

Standard Chartered Bank

Standard Bank

Bankers Association for Finance and Trade (“BAFT”)

Work highlights

  • Advising Banco Santander S.A. and Deutsche Bank AG on the UKEF Guaranteed financing for The Republic of Ghana for the development of Kumasi Airport.

  • Advising Africa Trade Finance Limited as arranger of a US$160m club trade finance facility for Nigeria’s United Bank for Africa (UBA).
  • Successfully finalised a dispute for Deutsche Bank following a Commercial Court judgment in its favour against the Singaporean branch of Malaysian bank (CIMB); The dispute related to CIMB’s obligation to reimburse Deutsche Bank as confirming bank in respect of twenty-three separate presentations under ten Letters of Credit.
  • Adviser to the Insurance Committee of the ITFA board in connection with various market-led insurance-related matters.
  • Sullivan & Worcester advised international financial services association, BAFT (the Bankers Association for Finance & Trade), on its updated English law Master Participation Agreement (MPA) and associated usage guidelines.
Leading individuals

Geoffrey Wynne - Sullivan & Worcester UK LLP

Mark Norris - Sullivan & Worcester UK LLP

Simon Cook - Sullivan & Worcester UK LLP

Rising stars

Hannah Fearn - Sullivan & Worcester UK LLP

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