Commercial and International Trade is a complex area of law. Mastering on the subject requires in depth knowledge as well as practical experiences. Although Bangladesh is witnessing significant growth in Garments and Textiles sector and few other sectors majority of the business men associated with in this industries are not much aware of laws, regulations and best practices for international trade. Same lacking is also observing related service sector. The ultimate result is there are significant volume of cases pending in Bangladesh Courts involving Commercial transactions and also notable claims arises regularly which involves Cross Border transactions. Bringing Cross Border claim by initiating arbitration process or by filling litigation in different territories are not very uncommon in a situation where parties avoided legal assistance at early stages of trade documentation. Accordingly Legal representation for local and international buyers and sellers, Banks, Carrier, Stevedores are frequently required within national territory and sometimes internationally. Rahman’s Chambers is one of the leading Law Firm in the area of Commercial Litigation and dispute resolutions.
–Chambers & Partners, 2017
“Their response times are excellent and they make you feel generally very well informed..”
–Chambers & Partners, 2018
“Rahman’s Chambers handles foreign investment and disputes involving corporate transactions… The ‘very responsible, responsive and knowledgeable’ Mohammed Forrukh Rahman heads the firm”
–Legal 500, 2018
We are one of the key player in handling litigation in the area of commercial laws involving LC payment, payment under proforma Invoice or Commercial contract, stoppage of LC payment, money claim under LC or back to back LC, claim against carrier, demurrage claim, release of cargo from Customs, Port Authority and shipping agents, ship owner, trade fraud involving house bill, bank endorsement, amendment, GSP certificate, etc. We are advising and representing Clients dealing with international and local commercial matters in different capacities for nearly a decade.
Our experiences are as follows:
We have represented Central Bank successfully in the landmark case Freight Management and 16 others vs Bangladesh Bank reported in 2 CLR (HCD) 586; 19 MLR (HCD)336 involving legality of House Bill of Lading/Receive for shipment of Bill of Lading. In 16 Judicial review cases filed against central bank with regard to endorsement of House bill of lading without endorsing Master Bill, Chambers successfully contested the cases for Central Bank. MR. Rahman successfully argued on the confusion caused by House bill of Lading. The judgement was reported in two leading law report and is considered by many as a landmark decision.
- We have successfully represented Hossain Dyeing and Printing Mills Limited, a concern of Anwar Group of Industries in recovery of claim for delivery of fabrics under sales contract where payment has been illegally refused by LC opening Bank and later by buyer under sales contract.
- The chambers acted for How Are You Textiles Ltd of Taiwan, a 100% foreign owned seller and successfully recovered payment within 6 months by filing both money claim and criminal case over a complicated LC related documentary fraud involving collusion of buyer and buyer’s bank.
We have successfully represented South East Bank Limited in LC Payment related disputes in Rahul Computex vs. Fahami Apparels Ltd.
Our Related Clients
- Saturn Textiles Ltd.
- Padma Ltd.
- How Are You Textiles Industries Ltd.
- South East Bank Ltd.
- First Security Islami Bank Ltd.
- Bangladesh Bank
- Anwar Group of Industries
- Hawell Textiles Ltd.
- Ernt Komrowski Holding KG(Co & GmBH)
- Recovery of outstanding under proforma invoice or sales of goods contract.
- Recovery of raw materials, goods supplied.
- Commercial arbitration, both local & foreign.
- Disputes on customs clearance and port charges.
- Disputes on carrier and freight forwarder charges.
- Release/retention of cargo through court order.
Our Related Links
- Article: Urgent Need for a Commercial Court in Bangladesh (Vol. 2 of 2014).
- Article: Solving disputes by Commercial Mediation: A logical approach in Bangladesh (Vol. 1 of 2013)
- Article: Interim Measures in International Commercial Arbitration (Vol.2 of 2012).
- Article: Object Clause vs. Third Party Mortgage/Guarantee (Vol. 2 of 2010)