Commodities
Disputes relating to traded commodities form a core part of 7KBWs’ practice. Members of chambers have acted for buyers and sellers in disputes involving coal, cobalt, coffee, cocoa, sugar, oils, gas, metals, rice, grains and soyabeans amongst many other commodities.
Specialist arbitrations before most of the London-based commodity trade associations such as LME, GAFTA, FOSFA, and RSA are regularly undertaken. Members have also appeared before international arbitration tribunals in accordance with LCIA, ICC or UNCITRAL arbitration rules. Chambers UK describes 7KBW as a major presence in the commodities sector, while the Legal 500 praises it for its pooled commodities, insurance and shipping expertise.
Cases include:
- PST Energy 7 Shipping LLC and another v OW Bunker Malta Ltd and another [2016] UKSC 23
- Gujarat NRE Coke Ltd v Coeclerici Asia (Pte) Ltd
- “Crude Sky” Great Elephant Corporation v Trafigura Beheer B.V.
- Falkonera Shipping Co. v Arcadia Energy Pte. Ltd
- SOS Corporacion Alimentaria SA -v- Mataluni Spa & Inerco Trade SA – [2010] EWHC 162 (Comm)
- Glencore International AG -v- Alpina Insurance Co. Ltd. & Others – [2004] 1 Lloyd’s Rep. 111
- Metro litigation – Litigation that arose out of the collapse in 1998 of Metro Trading International and Metro Oil Corporation