Legal Guidance and Research / Experts / Rebekah Jones
Rebekah Jones#13179

Rebekah Jones

Clyde & Co LLP
Rebekah is an experienced insurance disputes lawyer with a decade of legal practice in the Middle East. Rebekah’s day-to-day legal expertise include advising insurers, reinsurers and their insureds in relation to complex, high value, coverage and liability disputes across several business lines, with a particular focus on cyber and trade credit.

Rebekah has represented clients throughout all stages of the litigation process in the courts throughout the GCC, and various financial free zones, including the DIFC Court and QFC Court. She also has experience acting for clients in international arbitrations and mediations.

Rebekah has worked on several high-profile trade credit claims, many of which have attracted media attention. Examples of Rebekah’s experience include:

  • defending insurers in two high-profile DIFC Court cases brought by commodity trading policyholders, with claims totalling c. US$8m, following the collapse of Phoenix, one of the world’s largest rice traders
  • representing insurers in a trade credit coverage dispute brought before the UAE Centre of Amicable Settlement of Disputes and all three stages of the UAE Courts, addressing complex defences, time bar issues and offsetting of debts
  • acting for re/insurers in a DIFC Court declaratory relief claim to protect their interests in a USD 5 million commodity trading dispute
  • advising Insurers on a policy coverage dispute governed by English law, relating to payment default. Investigating potential fraud and breaches of the policy’s conditions precedent
  • advising insurers on their trade credit policy wordings and ensuring compliance with English / UAE laws (as applicable)

Practice Area

Panel

  • Contributing Author

Qualified Year

  • 2019

Experience

  • Clyde & Co LLP, Dubai, UAE (2016 - Present)
  • Transocean, Dubai, UAE (2014 - 2016)
  • Hugh James Involegal, LLP, Cardiff, UK (2012 - 2014)

Membership

  • The Law Society of England and Wales

Qualifications

  • Bachelor of Laws (LLB Hons) (2009–2012)
  • Legal Practice Course (LPC) (2014–2016)

Education

  • Cardiff University (2009–2012)
  • University of Law (2014–2016)

1 Contributions by Rebekah Jones

Trade credit insurance: coverage, risk classifications, policy mechanics, credit limits, insured percentages, payment terms, claims process, exclusions, and interfaces with banks and other financiers
PRACTICE NOTES
Trade credit insurance: coverage, risk classifications, policy mechanics, credit limits, insured percentages, payment terms, claims process, exclusions, and interfaces with banks and other financiers
Trade credit insurance generally protects a policyholder against unpaid receivables arising from protracted default (i.e. when an invoice is not settled after its due date), buyer insolvency, or political risk. By shifting credit exposure off the policyholder’s balance sheet, it can strengthen profit and loss accounts, and may lead to lower bad debt provisions. Types of risk insured Trade credit insurance risks are commonly divided into commercial and political risks: Commercial risk: usually the buyer’s insolvency resulting in a payment default, or the buyer’s failure to pay for the goods on the due date Political risk: the possibility that a government buyer or a country blocks completion of a transaction or does not meet its payment obligations. Examples include: regulatory or legislative freezes on payments expropriation or confiscation of goods import and export embargoes unforeseeable extraordinary measures of third countries war, hostilities, rebellion, insurrection, revolution, riot, or civil commotion abroad preventing payment or collection of the contract price...
Insurance & Reinsurance
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