The current disruption to European air transport caused by the Icelandic volcano eruption is likely to have a serious impact on the people and the logistics involved in international trade. Goods transported by air in the European "no fly" zone will obviously be affected. However, parties may also have difficulties in complying with their payment obligations where documents required in order for payment to be made would usually be sent by air courier. In this alert we set out some questions and answers dealing with problems that may arise.

To read the full alert, download the .PDF below.