Baldev Bhinder

Managing Director, Blackstone & Gold

Baldev Bhinder is the Managing Director of BlackStone & Gold LLC, a specialist commodities law firm in Singapore with expertise in trade fraud investigation.

Baldev is dual qualified in Singapore and England with more than 18 years of international experience across the world’s leading global law firms.

He is an expert in O&G and Commodities and advises on all aspects of the supply chain from trading and trade finance arrangements to international recoveries and arbitration.

He is a leading name in trade fraud cases and his views have been featured in the Singapore Business Times, Bloomberg, CNBC, CNA and the Financial Times. He is a regular speaker at the Financial Times Asian Commodities Conference alongside industry titans.

Expertise In: Corporate Law, Dispute Resolution, Commercial Litigation

Languages: Bahasa, English, Hindi, Pubjabi, Spanish

Kuvera Resources v J.P. Morgan Chase: Certainty of payment vs risks of breaching sanctions under Letters of Credit

Kuvera Resources v J.P. Morgan Chase: Certainty of payment vs risks of breaching sanctions under Letters of Credit

The overreaching arc of sanctions regulations is threatening the certainty of payments guaranteed by the smooth functioning of letters of credit (LC) in international trade. This tension recently played out in the Singapore courts in a judgment handed down recently (Kuvera Resources Pte Ltd v JPMorgan Chase Bank, N.A. [2023] SGCA 28). 

Baldev BhinderArticles, Featured, Issue 19, Legal, Legal Trade Finance Hub, Letters of Credit, Risk, Singapore

Unmasking trade finance fraud: The intricate web of balance sheets, fragmented information, and human biases

Lenders across the world are grappling with the trade finance asset class. In Singapore, a string of legal cases has left banks facing the prospect of staggering losses with the nature of the trade finance asset class, as secure and self-liquidating, facing an existential crisis.

Baldev BhinderArticles, Featured, International Trade, Risk, Shipping, Trade Finance, Treasury Management
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