By Maya Lester KC & Michael O’Kane

Singapore court sanctions clause judgment

The General Division of the High Court of Singapore has dismissed an claim by Kuvera Resources Pte Ltd concerning the validity and enforceability of a sanctions clause which prevented JPMorgan Chase Bank, NA from acting contrary to US sanctions when fulfilling the requirements of two letters of credit. Kuvera Resources Pte Ltd v JPMorgan Chase Bank, NA [2022] SGHC 213. …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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