Commercial Dispute Resolution

Raymond’s experience covers the spectrum of commercial disputes. He has acted in relation to joint ventures, share sales and transfers of business, commodity, currency and other trading disputes; distribution and agency agreements; partnerships and private equity finance. He has acted in relation to commercial freezing orders, injunctions and conflict of law disputes. Recent highlights include:

  • Tullow Uganda Ltd v Heritage Oil and Gas Ltd. [2014] EWCA Civ 1048 (Court of Appeal) – Contracts of indemnity – Oil and gas industry – acting for defendant on appeal relating to tax assessments and Uganda.
  • Marex Financial Ltd v Creative Finance Ltd. [2013] EWHC 2155 (Comm)  – foreign exchange broker – close out of client’s USD 800m position in NZD/JPY and EUR/JPY – duties owed to client on closing out – Marex not entitled to mark-up spreads on the close out of a client’s position.
  • IKON International (HK) Holdings Plc v IKON Finance (2015) – application to discharge or vary world-wide freezing order and for security, on grounds of non-disclosure among others.
  • Major US law firm (2015) – advising in relation to obligations of global clients in relation to confidentiality agreements, conflicts of interest and intellectual property – obligations of the law firm.
  • Sovereign medium term €10bn issue of notes – acting in freezing application in respect of interest payments under the notes.
  • Societe Generale v Goldas missing US$500m consignments of gold – freezing orders.
  • Calyon v Awal Bank – freezing orders.
  • Shipbuilding (2015) – loan facilities for 4 vessels to be built in Chinese yard – impact of breaking swap contracts on loan facilities – acting for shipowners against bank.
  • Target Forward Redemption contracts – misselling in Saudi Arabia – over US$400m loss – acting for one party in relation to arbitration
  • International hotel Joint Venture – acted in dispute re break up of Joint Venture.
  • UK/US solicitors firm – acted in breakup of firm.
  • European Enforcement Order Regulation 2004 – acted in proceedings for enforcement by shipping agent.
  • Options to purchase shares – capacity and duress – effect of the options – advising.

Raymond is a contributor to Law and Practice of Commercial Litigation in Singapore (Sweet & Maxwell, 2015).