Clyde & Co

Recent experience

Insurance / Reinsurance

• Multiple high value trade credit and non-honouring insurance issues arising out of the global economic collapse, especially regarding Ukraine and Dubai.
• Defending political risk insurers in LCIA arbitration claim in excess of US$170M for alleged confiscation / expropriation of assets in Argentina / Chile, CMS Energy v Ace
• Advising on coverage issues arising out of the Bangkok political violence of spring 2010.
• Advising political risk insurers regarding claimed expropriation / confiscation of large oil industry investments in Latin America.
• Advising insurers on aircraft non-repossession.
• Regulatory advice regarding 'financial guarantee' and 'trade credit' insurance.
• Acting for specie insurers facing fraudulent claims under jeweller's block policies.
• Defence of insureds for cargo underwriters in respect of unpaid customs fines - Peru / Chile.
• Advising upon multiple Latin American property / facultative reinsurance issues.
• Munich Re v Commonwealth: Acting for Munich Re in a retrocession dispute litigated in London and California.
• Ace, Zurich et al v Seguros Horizonte: Acting for international reinsurers on $50M reinsurance dispute litigated in Venezuela and London.
• Advising product liability insurers including in respect of dangerous foods, tyres, and chemicals claims.
• Reinsurance recovery arbitrations - long tail / asbestos losses.
• Advising specie insurers regarding losses arising in Russia.
• Acting on multiple UK property insurance disputes.
• Defending Russian insurers on hull and machinery claim.
• Advising Russian Bank on Directors and Officers' policy coverage.
• Advising international reinsurers on aggregation and other issues arising out of World Trade Center and Hurricane Katrina losses.
• Standard Bank v Via Mat (Com Ct) [2012] EWHC 574 (Comm) [Carriage of silver in China; jurisdiction]

General Commercial

• Advising shipyard on multiple newbuilding / contractual issues arising out of economic crisis.
• Advising claimant in professional negligence action relating to poor investment advice / Lehman Brother's collapse.
• Debt recovery against Russian arm of international investment bank.
• Acting on debt recovery / international arbitration regarding an East European state in respect of the non-honouring of guarantees.
• A range of general commercial litigation.
• Speaking at the British Embassy Moscow on "Cross-border co-operation between England & Wales and Russia – interim remedies and the enforcement of foreign judgments and arbitral awards"