Payment by Letter of Credit and the 'Fraud Exception'
18th August 2017
We review in what circumstances it is possible to prevent payment by a bank under a letter of credit in an international trade context, in light of the restrictive approach taken by the English Court.
“[Iyer is] an extraordinarily fine lawyer with the full portfolio of skills, from negotiating contracts to claims, disputes and arbitrations - he’s the whole package!”
Leading Arbitration Specialist of the Year, UK 2018
Arbitration Firm of the Year 2017 - London, UK
Andrew Iyer named ‘UK Energy & Natural Resources Lawyer of the Year 2016’
“The ‘fantastic’ Andrew Iyer enjoys a ‘stellar’ name as a highly skilled and consummate professional..peers regard him as ‘a clever and worthy opponent..confident, focused and discriminating’.. ”
Arbitration Law within England, Winner 2019
Winner of the International Law Office 'Client Choice Award for Energy & Natural Resources UK'
“[Iyer is] one of the most experienced energy lawyers that I have come across. His energy practice has a unique offshore flavour which suits our requirements”
Shipping & Trade Firm of the Year in England 2019
“[Iyer] is very cost effective, efficient and proactive - he takes the initiative in speeding up recalcitrant opponent lawyers to the negotiating table”
Energy Law Lawyer of the Year in England 2018: Andrew Iyer
“Sharp, to the point and efficient. [Iyer] responds with electrifying speed and is always contactable”
“Andrew Iyer continues to glean high praise from clients”
“Iyer has a deep understanding of international markets and an impressive track record in arbitration and commercial disputes”
Client Choice winner 'Shipping & Trade Firm of the Year in England 2018'.
Boutique Commodities firm of the Year in England 2017
“[Iyer] has the experience to instantly recognise the problems being encountered and the professional expertise to always provide sound, concise and, most importantly, clear legal advice”
Commercial Lawyer of the Year 2018: Andrew Iyer
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