London, UK – International law firm Sullivan is delighted to announce that it has again been named "Best Trade Finance Law Firm" by leading trade finance publication Global Trade Review (GTR) at its 2020 Leaders in Trade awards, announced today.

The London office of international law firm Sullivan was celebrating the completion of its sixth successful year in London last night, at its annual party.

The event was held at Paul, at the ground floor entrance to Tower 42, the home of Sullivan’s London office in the City.

Over 150 guests enjoyed music, magic and a gin bar until late in the evening, with a few continuing until the small hours.

Geoffrey Wynne, Head of the Trade & Export Finance Group and Sullivan's London office, commented:

Leading independent legal directory, The UK Legal 500, 2020, was published last night. In the Trade Finance category Sullivan is ranked, for the sixth consecutive year, in the top tier.

Geoffrey Wynne is included in the UK Legal 500 ‘Hall of Fame’ 2020 for his trade finance experience, and both Simon Cook and Mark Norris are listed as ‘Leading Individuals’. Managing associate Hannah Fearn is again included as a ‘Rising Star’ and associate Sam Fowler-Holmes recognised for his structured and unstructured trade finance.

I am very pleased to announce that Sullivan's trade and export finance team has won its third significant trade finance award in 2019.

ITFA has published "A guide to accounting and legal issues under IFRS 9 for the trade receivables and supply chain finance industry."

These are ITFA's first set of guidelines on the standards aimed solely at the trade and supply chain finance industry, since the International Accounting Standards Board (IASB) issued IFRS 9, which came into force on January 1, 2018.

International financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association) have published an updated New York law Master Participation Agreement (NY MPA) and associated guidelines. BAFT, together with ITFA, put together a working group of experts to review the existing form and identify changes based on current market practice.

International law firm Sullivan & Worcester LLP has today unveiled a dynamic new brand and logo.

The firm will now be known as "Sullivan" and, in conjunction with the name change, has revealed a bold, striking logo intended to graphically symbolise the forward-thinking and creative approach that the firm brings to client matters.

"Sullivan has always been a firm of innovative and strategic thinkers with a keen focus on getting positive outcomes for our clients. Our new brand and logo capture our firm’s energy," said Joel Carpenter, managing partner of Sullivan.