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Trade credit insurance: fraud by the debtor
WebbOn 20 February 2024, the New South Wales Court of Appeal issued judgment in the case of BCC Trade Credit Pty Ltd v Thera Agri Capital No 2 Pty Ltd. The Court… Webb2 feb. 2024 · The Impact of The Eruption on Minoan Agriculture and Trade. The cataclysmic eruption of Thera split the island into three smaller ones, the largest of which (Santorini) forms a crescent surrounding a large caldera. Just as in the eruption of Pompeii, volcanic ash buried and preserved Akrotiri. little brown jug horse
Protecting against fraud in trade finance - Holding Redlich
WebbIn February 2024, Thera, an Australian non-bank structured credit financier specialising in agricultural commodities, entered into a supply chain finance facility with the Phoenix … In February 2024, an Australian non-bank lender specialising in agricultural commodities and products, Thera Agri Capital No 2 Pty (insured) purchased trade credit insurance (insurance policy) from the Bond and Credit Company (BCC) (insurer). The policy insured performance of a guarantee for supply … Visa mer When providing trade credit to customers, businesses should: 1. clearly draft the policy and finance documents 2. ensure the defined terms in the above are consistent to avoid the court applying different constructions … Visa mer The issue was whether the insured was entitled to indemnity under the insurance policy for loss arising from the guarantor’s default. Visa mer The Court first set out the principles governing the construction of commercial insurance policies: 1. insurance policies are commercial contracts to be given a businesslike interpretation, noting the language used by the … Visa mer The Supreme Court (Court) held the insured was entitled to be indemnified under the insurance policy in respect of its claim and interest under section 57 of the Insurance Contracts … Visa mer WebbEnter the email address you signed up with and we'll email you a reset link. little brown jug delaware ohio