Robert Parson

Commodity Finance

• Representing a major Asian state-owned oil and gas company in long-term prepayment agreements for crude oil and natural gas.
• Documenting pre-export finance for the export of sugar by a South American producer.
• Acting for borrowers in relation to a US$100 million Indonesian coal prepayment financing.
• Advising financiers on the issuance of a facility for the financing of margin for hedging products for an agricultural risk management brokerage.
• Structuring a US$85 million prepayment facility for manganese exports by a West African producer.
• Drafting and documenting a multimillion-dollar prepayment agreement for Indian petroleum products and limited recourse refinancing arrangements.
• Acting for a major steel producer and trader in the financing of raw materials and finished products.
• Advising a major trade finance bank in the repo inventory financing of crude oil supplies for various refineries.

Structured Trade and Inventory

• Advising an international grain trader on the structuring of trades and off balance sheet transactions.
• Documenting structured trade flows for a major Asian commodity trader.
• Acting for a major international trader in the intermediated sale and purchase of crude oil and LNG.
• Advising various banks on risk and compliance issued in structured trade finance.
• Advising a major US-based commodity trader on structured trades involving established trade flows and associated international legal due diligence.
• Acting for a US-based bank in the inventory financing of crude oil and petroleum stocks on land and in international waters.
• Acting in relation to the inventory financing of commodities in warehouse in various Asian jurisdictions and associated legal due diligence.

Digital Trade

• Advising banks and traders on the use and validity of electronic trade documents on various electronic platforms and associated changes in legislation.
• Advising a major US bank on its automated receivables finance platform.
• Acting for an international shipping company in the establishment of digital trade finance products and an associated online platform.
• Structuring and documenting digital products for the sale and financing of cocoa by electronic warrant.
• Advising a Germany-based online platform for the sale and financing of agricultural products.
• Advising a new online platform for the sale of merchandise and finance and discounting of receivables.
• Acting for a London-based metals trader in the financing of its metals operations, including the granting of security over electronically held warrants.
• Representing the provider of an international secured platform for guarantee and letter of credit issuance.

Trade Finance

• Acting for a London-based bank in the review and updating of its suite of standard trade finance documents.
• Advising on the drafting of discounting agreements for letters of credit.
• Representing London-based banks in the review of negotiation, silent confirmation and other ancillary trade finance documentation.
• Drafting and completing letter of credit issuance facilities for a number of London-based banks.
• Advising on the structuring of letter of credit and standby credit backed financing arrangements.
• Representing a major trading organisation in the review of its trade credit arrangements and credit risk support documentation.
• Advising a non-bank lender on its receivables-based lending programme secured against bills of exchange and credit insurance.
• Advising credit insurers in relation to the drafting of capital relief products.
• Advising banks and traders on the presentation of documents under letters of credit and providing support and expertise in related disputes.