Insights and Analysis
AI-washing – when AI hype becomes a litigation risk
David Leggott
Partner Corporate & Finance
David’s practice covers financings on a diverse range of commodities such as oil, steel, zinc, copper, soybeans, coffee, sugar, fertilisers, tobacco, and cocoa. He also supports the work of various Development Finance Institutions (DFIs) operating in the trade and commodity finance space. Additionally, David has significant experience and knowledge in relation to supply chain finance techniques and export financing (ECA‑backed finance).
ING Bank in relation to a flagship Sustainability-Linked Senior Secured Borrowing Base Facility for coffee trader Sucafina SA
International Finance Corporation (IFC) in relation to their Global Trade Liquidity (GTLP) Programme and Global Supply Chain Finance (GSCF) Programme
Afreximbank on a secured multi‑tranche term and revolving facility for Arise Integrated Industrial Platforms to develop government‑backed Special Economic Zones in Togo, Benin and Gabon
Czarnikow Group Limited in relation a Syndicated Borrowing Base Facility arranged by Rabobank and Natixis
BII on risk‑sharing arrangements with commercial banks for trade finance assets in emerging markets, including a guarantee supporting EBRD’s Trade Facilitation Programme in Ukraine
Deutsche Bank in relation to a Secured Borrowing Base Facility for steel producer Columbus Stainless in South Africa
AMS Ameropa Marketing and Sales AG in relation to a Multicurrency Revolving Borrowing Base Facility with a syndicate of over 20 banks
Citibank NA, London in relation to Secured Borrowing Base Finance Facility for oil refiner Preem AB, Sweden
ING Bank in relation to a pre-export finance facility for Trans-Oil Group, financing agricultural products of Moldovan origin