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Publications

11 October 2016
Welcome to the latest edition of London Market Brief.

Articles

27 April 2017
Peruvian Labour Minister, Mr Alfonso Grados, has publically announced that the Ministry of Finance and Economy is considering taking on an unemployment insurance program by the third quarter of 2017. Unemployment insurance was one of President Kuczynski most controversial campaign promises.
27 March 2017
Two recent decisions of the Court of Appeal provide useful guidance on the validity of demands made under standby letters of credit or other Autonomous Demand Guarantees provided by way of security in circumstances where a final determination in law on amounts owing under the underlying contract is not available.
7 February 2017
Towards the end of 2016, news broke of a Brazilian Federal Police investigation designated Operation Greenfield, a major fraud investigation that the Brazilian press has labelled the “new Lava Jato”.

Case reviews

12 August 2016
Court of Appeal holds that a constructive total loss (CTL) of a vessel detained by customs authorities in Venezuela after drugs were strapped to its hull by malicious persons was not covered under standard war risks policy terms because the infringement of customs regulation exclusion clause applied.
 

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