International Trade & Finance Law
We specialize in various aspects of international trade finance, including the application of the International Chamber of Commerce (ICC) Uniform Rules for Documentary Credits (UCP 600). Our expertise extends to handling disputes arising from Letters of Credit and Demand Guarantees due to issues such as non-performance, delayed performance, and defective performance. Additionally, we are well-versed in Bank-to-Bank Reimbursement (URR-725), the ICC Uniform Rules for Collections (URC 522), and the International Standby Practices (ISP 98).
Delivery and Risk in International Trade
Our expertise extends to handling disputes arising from the application of the ICC Inco Terms, which constitute a standardized set of contract terms governing international sales of goods delivery. These terms delineate the delivery point and outline the respective responsibilities, risks, and costs of the seller and buyer. Often denoted by three-letter abbreviations like FOB for "Free on Board," they serve as a common language in global trade negotiations. Given the myriad cost points and risk areas between the seller and buyer's premises, Incoterms play a crucial role in clarifying these aspects and determining their allocation. They address key components such as the point of delivery, export/import obligations including document checks and duties, tariffs, cost of carriage, and risk of damage.
The UN Convention on Contracts for the International Sale of Goods (CISG)
Our legal team comprises experts in the application of the UN Convention on Contracts for the International Sale of Goods (CISG), which governs contracts for the international sales of goods between private businesses. It is important to note that the CISG excludes sales to consumers, sales of services, and certain specified goods.
Customs, Tax, and Import & Export
We specialize in a range of customs and tax matters, covering aspects such as classification within the Harmonized System (HS) Codes, valuation, civil and criminal penalties, and export control issues, including classification and licensing.