Sullivan
Microsoft has discontinued support for Internet Explorer. To access the Sullivan website, please install a modern browser like Microsoft Edge or Google Chrome.

For more than 25 years, Sullivan partners have provided legal representation to the world’s leading trade finance practitioners in all aspects of their businesses, from asset acquisition to distribution to securitizations. We advise clients concerning their activities throughout the world, with a special emphasis on the emerging markets of Africa, Asia, the Middle East and Latin America.

Sullivan has been recognized with numerous awards and consistent recognition, including:

  • Chambers UK, 2026 ranked Sullivan in Band 1 for Commodities: Trade Finance (UK-wide). Partner Geoffrey Wynne is ranked as a ‘Star Individual’ – the only lawyer in the UK included in this category; Simon Cook is Band 1-ranked in the guide’s Commodities: Trade Finance (UK-wide) category; Robert Parson in Band 2; and Mark Norris in Band 3. Sullivan remains the only law firm with four ranked partners in the Commodities: Trade Finance (UK-wide) category in Chambers UK, 2026.
  • Chambers Global, 2026 recognised Sullivan in its 2026 Africa-wide Banking & Finance table, and Simon Cook and Mark Norris were included as notable practitioners in the Africa-wide Banking & Finance spotlight section.
  • Trade, Treasury & Payments (TTP) named Sullivan "Best Law Firm – Trade and Commodities" at the inaugural Trade, Treasury & Payments Awards in 2026.
  • The Legal 500 UK, 2027 ranked the firm in Tier 1 for Trade Finance. In addition, Geoffrey Wynne, Simon Cook and Robert Parson were recognised in the "Hall of Fame," with Mark Norris recognised as a "Leading Partner." Daniela Barrdear was recognised as a "Next Generation Partner," Geraldine Butac was recognised as a "Leading Associate" and Marian Boyle was recognised as a key member of the practice.
  • IFLR1000, 2025 recognised Sullivan for Banking Lending – Lender Side, United Kingdom. Additionally, Geoffrey Wynne was ranked as a Leading Lawyer – Market Leader, and Simon Cook was recognised as a Leading Lawyer – Highly Regarded.
  • Global Trade Review (GTR) named Sullivan "Best Trade or Supply Chain Finance Law Firm” at the GTR Leaders in Trade Awards in 2026. GTR also named Sullivan "Best Export Finance Law Firm" at the GTR Leaders in Trade Awards in 2023. The firm was also named “Best Trade or Supply Chain Finance Law Firm” at the GTR Leaders in Trade Awards in 2022, “Law Firm of the Year” in the category Leaders in Trade for Innovation at the 2021 GTR Leaders in Trade Awards and “Best Trade Finance Law Firm” at the GTR Leaders in Trade Awards in 2020 and 2019.
  • Trade Finance Global (TFG) honored Sullivan with the "Legal Innovation in Trade" award at its Trade, Treasury and Payment Awards 2023. In addition, Sullivan was named "Best Trade Finance Law Firm" in its International Trade Awards in 2022 and 2019.

Our practice is multi-disciplinary, involving lawyers who are experts in trade and export finance, project finance, asset finance, securitization, securities law, insurance, tax, compliance issues and dispute resolution. We have advised on deals involving all types of commodities including softs, metals, oil and gas.

The Group is able to advise on transactions involving English law and New York law as its main law. With its extensive network of law firms across the globe, it can cover all cross-border issues and provide advice on local law issues.

In addition to trade and commodities finance, the firm’s London practice is linked closely to our U.S. practice and the needs of our clients worldwide. We have broadened and enhanced our existing practices in cross-border finance, mergers and acquisitions, tax, banking and international arbitration.

United Kingdom Legal Notice

Viewpoints
All Viewpoints
Late Payment Reform Proposals for SMEs
In a briefing note prepared for ITFA, Sullivan has highlighted the UK Government’s renewed push to address late payments through proposed reforms to the Late Payments Act. First introduced last year, the proposals would cap payment terms at 60 days for transactions involving small and medium-sized enterprises (SMEs). The UK Government says it is aiming to improve cash flow and reduce pressure across supply chains, but which in reality many believe this may disadvantage UK SMEs. The reforms were confirmed in the King’s Speech to Parliament on 13 May, in line with the Government’s declared commitment to fairer payment practices and stronger support for SMEs. If implemented, the changes could significantly affect contractual arrangements, particularly in industries with complex supply chains. The firm’s briefing note outlines key elements of the proposals and their potentially significant impact on businesses, including the need to review payment processes, financing structures and supplier relationships. ITFA says it intends to continue lobbying the UK government to reconsider the details of the proposals. To read the full Sullivan briefing note on the proposed Late Payment Law Reforms or please contact Geoffrey Wynne for further information.
Trade Finance Guide 2026
Reflecting the firm’s involvement in all aspects of trade finance, partner Geoffrey Wynne has contributed to the updated “Trade Finance Guide 2026,” described as “the definitive reference for trade finance professionals” and published jointly by Trade Treasury Payments (TTP) and the International Trade and Forfaiting Association (ITFA). The guide provides a practical, practitioner-focused overview of modern trade finance markets, covering core structures, products and risk dynamics. It explains how trade finance underpins global commerce by bridging payment gaps between buyers and sellers while mitigating risk through instruments such as letters of credit, guarantees, receivables finance and supply chain finance. It also outlines the roles of importers, exporters and financiers, and the legal and documentary frameworks supporting transactions, with an emphasis on robust structuring to ensure enforceability and repayment. In addition, the guide addresses key risk mitigants, including credit enhancement, insurance and risk distribution, alongside common challenges such as fraud, operational complexity and cross-border legal issues. Reflecting market evolution, it highlights trends including digitalisation, standardisation and the growing participation of non-bank investors. It is designed as an accessible resource for both new and experienced professionals seeking a clearer understanding of trade finance and its role in supporting the real economy.  The guide can be accessed and downloaded here.
Sullivan’s Trade Finance and Venture Capital Practices Recognised by The Legal 500 UK, 2027
London, UK - International law firm Sullivan & Worcester (Sullivan) has been recognised by The Legal 500 UK, 2027 for both Trade Finance and Venture Capital, reflecting the continued strength and expansion of the firm’s London practice areas. Sullivan’s Trade & Export Finance practice has once again received a Tier 1 ranking, maintaining the top-tier position it has held for over a decade. The Legal 500 recognises the firm for its strength “across the full spectrum of trade and commodity finance.” The 2027 edition recognises several members of the Trade & Export Finance team. Geoffrey Wynne, Simon Cook and Robert Parson are included in the Hall of Fame, Mark Norris is recognised as a Leading Partner, Daniela Barrdear as a Next Generation Partner and Geraldine Butac as a Leading Associate. The practice also receives The Legal 500’s client satisfaction accolade for ‘Sector Knowledge’. Client feedback collected independently by The Legal 500 research team highlights the team’s ability to combine technical expertise with practical and commercial advice. One client describes the team as “responsive, pragmatic and commercial,” adding that its lawyers “feel more like an extension of the team.” Geoffrey Wynne and Marian Boyle are also singled out for their combination of technical depth, commerciality and collaborative approach. For the first time, Sullivan’s London office is also recognised in The Legal 500 UK’s Corporate and Commercial – Venture Capital category, where the firm is included as a ‘Firm to Watch’ and receives The Legal 500’s client satisfaction accolade for ‘Sector Knowledge’. James Shaw is recognised as a Leading Partner, while Iain Cockburn is named a Next Generation Partner. The recognition follows the arrival at Sullivan in June 2026 of its 10-lawyer Emerging Companies and Venture Capital team, led by partners James Shaw, Iain Cockburn and Ben Williams. The team, which was named Growth Capital Team of the Year at The Lawyer Awards 2026 shortly before joining Sullivan, advises venture-backed companies, founders and investors across the business lifecycle, including venture financings, M&A, intellectual property strategy and complex strategic advisory matters. Its arrival significantly expanded Sullivan’s transatlantic offering to innovative and high-growth businesses and the investors that support them. Geoffrey Wynne, head of Sullivan’s Trade & Export Finance practice and the London office, said: “We are delighted that the continued strength and depth of our London practice areas has once again been recognised by The Legal 500. The individual rankings across the team, together with the feedback from our clients, are particularly welcome and reflect the experience, commercial approach and commitment of our lawyers.” James Shaw, who leads Sullivan’s Emerging Companies and Venture Capital team, added: “To be recognised by The Legal 500 so soon after joining Sullivan is an encouraging reflection of the strength of the team and the work we are doing for founders, growth companies and investors. Combined with Sullivan’s established international platform, we have an exciting opportunity to support innovative businesses as they grow, raise capital and expand internationally.” About Sullivan Sullivan is a premier, AmLaw 200 international law firm with lawyers in Boston, London, New York, Tel Aviv and Washington, D.C. Sullivan’s clients, including Fortune 500 companies, leading financial services firms and asset managers, boards of directors, real estate companies, and emerging businesses, rely on Sullivan’s ability to navigate complex legal and operational landscapes and its commitment to best-in-class client service.
Sullivan Advises ETF Partners (Lead) and A&G on Investments in Open Cosmos as Part of €300 Million Equity Funding Round
Sullivan & Worcester’s recently acquired award-winning European Growth Capital Team, led by James Shaw and Ben Williams, advised ETF Partners (Lead) and A&G in connection with their continued support and investment in Open Cosmos, a U.K.-headquartered satellite technology company, as part of the company's €300 million funding round announced on September 14, 2026. The financing was backed primarily by European investors and represents one of the most significant recent investments in Europe's growing space sector. According to reports, the transaction comes amid increasing investment in European space and satellite technologies as the region seeks to expand its independent space capabilities and strengthen its commercial space ecosystem. Founded in 2015, Open Cosmos develops satellite missions and Earth observation solutions that help governments, businesses and organizations access and use satellite data to address environmental, infrastructure and commercial challenges. The Sullivan team was led by James Shaw and Ben Williams and included Yeji Lee, Francesca Salisbury and Fai Tai. For more information, please see the full press release here.

United Kingdom

United Kingdom

United Kingdom

United Kingdom