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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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 &...