The Court of Appeal found a confirming bank to be in breach of contract by declining to make payment under a confirmation to a letter of credit on the basis that a sanctions prohibition.
Singapore Court Of Appeal Decision Highlights The Importance Of Accurate Internal Sanctions Assessments In Contractual Risk Management. Legal News and Analysis - Singapore - Dispute Resolution, Insolvency & Restructuring -
“I wanted to throw up” was how one victim described her reaction to the news of Annabel “Belle” Walker’s somewhat sanitised account of her lies and deception.