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The most expensive sentence in your contract is often the one that looks completely ordinary.No warning signs. No red fl...
19/08/2026

The most expensive sentence in your contract is often the one that looks completely ordinary.

No warning signs. No red flags. Just standard wording that everyone skims past because the deal is moving, the deadline is close, and signing feels like the finish line.

Until something goes wrong.

A missed payment. A delayed delivery. A broken partnership.

And suddenly that “routine” clause decides everything.

Because contract risk is rarely in the price — it’s in the fine print:

— liability caps that don’t protect what you think they do
— termination terms that make exit harder than expected
— indemnities that quietly shift more risk than intended
— governing law you didn’t really consider
— dispute clauses that control where and how you can fight

That’s why “it’s standard wording” is never a safe answer.

Standard for whom?

When deals are going well, contracts are read optimistically. A disputes lawyer reads them differently — through failure, not success.

What if they don’t pay?
What if they stop performing?
Can you actually exit?
Where will you have to fight?
And will any win be enforceable?

Before signing anything significant, there’s one simple test:

Read it as if the relationship has already broken down.

That’s when the “ordinary” clauses reveal their real value.

Good contracts aren’t written for signing day.

They’re written for the day things go wrong.

06/08/2026

Recent global disruption serves as a timely reminder of the importance of clear risk allocation in international commercial contracts.

It may be worth asking: when did you last review yours?

If you would like to discuss your contracts or share your thoughts, I would be pleased to hear from you.

What Every Business Operating Across Borders Should Know About International Tax ComplianceCross-border expansion create...
28/07/2026

What Every Business Operating Across Borders Should Know About International Tax Compliance

Cross-border expansion creates significant opportunities—but it also introduces complex tax, accounting, and legal obligations.

Some of the most common risk areas include:

1. Permanent establishment risk
Employees, representatives, offices, or business activities in another jurisdiction may create a taxable presence—even if no local legal entity has been incorporated. Many businesses identify this exposure only after liabilities have accumulated.

2. Transfer pricing
Transactions between related entities in different countries generally must comply with the arm’s-length principle and be supported by appropriate documentation. Transfer-pricing arrangements continue to face close scrutiny from tax authorities worldwide.

3. IFRS versus local GAAP
International investors, lenders, and other stakeholders may require or prefer IFRS-compliant financial statements. Reliance solely on local accounting standards can complicate due diligence, consolidation, and access to capital.

4. Double taxation treaties
Double taxation treaties may reduce withholding taxes, allocate taxing rights, and provide relief from double taxation. Businesses that fail to review the applicable treaty network may overlook legitimate opportunities for tax efficiency.

International expansion is exciting, but the legal, tax, and accounting structure should be considered from the outset. Correcting an unsuitable structure later is usually more complex and expensive.

Every cross-border arrangement should be assessed according to its specific facts and the laws of the jurisdictions involved.
Do you have questions about your international business structure? Share them.

Thrilled to have just attended the Elite Business Top 100 SME Businesses pre-entry meeting! It was an incredibly valuabl...
23/07/2026

Thrilled to have just attended the Elite Business Top 100 SME Businesses pre-entry meeting!

It was an incredibly valuable session packed with insights, including:

Key dates & what’s new for this year’s entries
What the judging panel is looking for (and common mistakes to avoid!)
Direct advice straight from the live Q&A with the judges

There’s nothing quite like connecting with fellow leaders, celebrating the achievements across the UK’s top SME community, and gaining fresh insights from the definitive league table of UK business excellence. It’s always inspiring to swap ideas, share stories, and champion the incredible talent shaping the future of UK enterprise.

If you’re preparing your entry or participating as well,
let’s connect— send a message!

📝 Five Contract Drafting Pitfalls That Continue to Drive Commercial DisputesMost commercial disputes do not arise becaus...
09/07/2026

📝 Five Contract Drafting Pitfalls That Continue to Drive Commercial Disputes

Most commercial disputes do not arise because the parties intended to disagree. They arise because the contract failed to anticipate what would happen when circumstances changed.

The strongest contracts are not necessarily the longest—they are the clearest.

Here are five drafting issues I encounter most frequently:

1. Ambiguous language
Terms such as "reasonable", "promptly" or "best endeavours" can become fertile ground for dispute unless they are clearly defined or supported by objective criteria.

2. Inadequate termination provisions
Every agreement should address not only how the relationship begins, but also how it ends. Well-drafted termination rights reduce uncertainty and commercial risk.

3. Poorly considered dispute resolution clauses
Choosing between litigation, arbitration or mediation should be a strategic commercial decision—not one made after a dispute has already arisen. Jurisdiction, seat, governing rules and enforcement all deserve careful consideration.

4. Overlooking governing law and jurisdiction
For cross-border transactions in particular, the governing law and forum can significantly influence contractual interpretation, procedural strategy and ultimately the outcome of a dispute.

5. Reliance on generic templates
Standard precedents provide a useful starting point, but no substitute for bespoke drafting. Every transaction has its own commercial objectives, risk allocation and regulatory considerations.

A carefully drafted contract is more than a legal document. It is a risk management tool that allocates responsibility, manages expectations and reduces the likelihood of costly disputes.

What contractual provision do you believe is most frequently underestimated in commercial practice?

What is Arbitration — and Why Should Your Business Care?Most people have heard the word arbitration but aren't quite sur...
02/07/2026

What is Arbitration — and Why Should Your Business Care?

Most people have heard the word arbitration but aren't quite sure what it means. Let me break it down simply.

Imagine you have a dispute with a business partner, supplier or client. Instead of going to court — which can take years and cost a fortune — you both agree to bring in a neutral, independent expert (the arbitrator) to listen to both sides and make a binding decision.

Why?

🕐 Quicker — months, not years
💰 More cost-effective than court
🔒 Private — no public court records
🌍 Global — the decision is recognised in over 170 countries
🎯 Expert — you can choose an arbitrator who actually understands your industry

The best part? You don't have to wait for a dispute to happen. A simple arbitration clause in your contract means you're already protected if things go wrong.

As a commercial lawyer, this is one of the first things I check in any contract — because it can save a business enormous stress and money down the line.

📌 If your contracts don't have a clear dispute resolution clause — it's time to fix that.

Weekend in Warsaw, making the most of a quiet day to prepare for the meetings ahead next week. Always a pleasure to spen...
22/06/2026

Weekend in Warsaw, making the most of a quiet day to prepare for the meetings ahead next week. Always a pleasure to spend time in such a dynamic and welcoming city. Excited for a week focused on business development, building new partnerships, and identifying opportunities for growth and collaboration.

🚢 From Port to Platform: Redefining Global Finance in Busan 🌐I recently engaged with some incredible insights from an ev...
22/06/2026

🚢 From Port to Platform: Redefining Global Finance in Busan 🌐

I recently engaged with some incredible insights from an event focused on the future of maritime digital finance, centring on a brilliant speech by Professor Chaehyun Kim from Pukyong National University titled "From Port to Platform: The Future of Digital Finance in Busan".

The speech features insights from global experts, including Professor Michael Mainelli (Z/Yen Group), Euna Kim (BFC), and Dr. Jin Park (BDI). It outlines how Busan is uniquely positioned to connect physical trade logistics with digital finance innovation.

Here is what the core discussion is all about and my top takeaways:

🔹 Busan is More Than a Port City
Busan is already a massive global gateway connecting trade logistics, international supply chains, and maritime industries. As one of the world's leading container ports and Korea’s maritime capital, it serves as the ultimate hub for derivatives and exchange infrastructure. Backed by the Busan International Finance Centre (BIFC), the city has the ideal physical foundation to transform its vast maritime strength into a thriving digital asset ecosystem.

🔹 The Power of Maritime Digital Finance
Unlike highly speculative crypto assets, maritime digital finance is anchored by tangible global trade, real-world assets (RWA), and actual economic activity. It connects the physical reality of global shipping directly to the digital ledger.

🔹 Next-Generation Maritime Opportunities:

Asset Tokenisation (RWA): Unlocking fractional ownership in ship financing and vessel leasing via Security Tokens (ST), making massive maritime capital investments accessible to a broader pool of investors.

Programmable Trade Finance: Utilising smart-contract-based supply chain financing and automated digital trade documentation to eliminate traditional, paper-heavy maritime friction.

Data-Driven Marine Insurance: Moving toward dynamic risk pricing for vessels and cargo, powered entirely by real-time IoT and operational port data.

Blockchain-Based ESG Finance: Driving the green shipping transition by financing eco-friendly fleets and creating integrated Blue Carbon trading platforms to manage maritime emissions.

The takeaway is clear: the future of maritime trade isn't just about moving physical cargo across oceans—it's about turning maritime data into financial value and tokenising real assets to build a smarter, more transparent, and greener global economy.

08/06/2026

🌊 Happy World Oceans Day 2026!

Today, June 8, 2026, the world officially celebrates World Oceans Day—a day dedicated to recognising the vital role oceans play in sustaining life, supporting global trade, and connecting nations. While World Oceans Day is often associated with the maritime sector, specific National and World Maritime Days are observed on different dates. Nevertheless, this occasion reminds us of the importance of preserving marine ecosystems and promoting cooperation across all ocean-related activities.

I am especially pleased that this year's celebration coincides with my participation in the X International Forum "Mediation & Law", where distinguished international experts explored contemporary approaches to resolving maritime disputes through arbitration, mediation, and hybrid dispute resolution mechanisms.

⚓️ Key topics discussed at the Forum included:
• The historical growth and current trends in international arbitration;
• Multi-Tier Dispute Resolution Clauses in general and within the context of maritime practice;
• The role of mediation and how the perception of mediation influences whether mediation clauses are considered binding and mandatory;
• Drafting mediation clauses—from highly precise contractual provisions to broader, more general clauses;
• Modern approaches to efficient and sustainable dispute resolution in the maritime sector.

The discussions demonstrated that successful maritime cooperation depends not only on legal frameworks but also on dialogue, mutual understanding, and innovative dispute-resolution tools that help parties find common ground.

On this World Oceans Day, I extend my congratulations to everyone working in maritime, legal, environmental, educational, and research fields. May our collective efforts continue to support peaceful cooperation, sustainable ocean governance, and the protection of our shared marine heritage.

🌍⚓️ Happy World Oceans Day 2026!

If you're in the technology sector and licensing software or IP internationally, standard contract templates are a massi...
25/05/2026

If you're in the technology sector and licensing software or IP internationally, standard contract templates are a massive risk.
Cross-border tech deals are rarely straightforward. A boilerplate template that works perfectly in your home country can leave your most valuable assets completely exposed when deployed abroad.

International IP licensing agreements must explicitly address these four pillars:
⚖️ The Governing IP Regime: Which specific jurisdiction’s intellectual property laws govern the interpretation of the licence? (IP protections vary wildly between countries).
📝 Scope of Rights: Does the agreement constitute a strict, limited licence, or does it inadvertently trigger a transfer of title in certain regions?
💰 Financial Structure: How are royalty payment structures managed across fluctuating currencies, withholding taxes, and different cross-border tax regimes?
🔒 Post-Termination Strategy: What happens to the IP upon termination? You need this defined for each country separately to prevent local partners from legally retaining your tech.

The Reality Check: I’ve seen technology companies inadvertently sign away far more IP rights than they ever intended—simply because the contract wasn't properly reviewed under the local laws of the relevant jurisdiction.
Your IP is your ultimate competitive advantage. Don't let a generic template erode it. Protect it properly across borders.
Are you currently scaling your software or tech solutions into new international markets? Let's make sure your contracts actually protect your assets.

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