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GuidaAn Insured Invoice Is Still Not a Verified Receivable: What Radiant World Reveals About Trade-Credit Evidence
The Radiant World disputes have moved beyond lenders and commodity counterparties into trade-credit insurance. The Financial Times reported that Zurich and Allianz Trade wrote policies covering transactions linked to the embattled iron-ore trader, including Zurich cover tied to non-payment by counterparties such as Glencore. That adds a new layer to a case already involving allegations that some invoices used in financing were invalid or had already been paid. The lesson is not that...
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- receivables verification invoice finance trade credit insurance