WFW advises Ermewa on €1.5bn debt raise
Ermewa is an operating lessor, leasing wagons and containers 30+ countries across Europe, the USA and Asia. It has an existing portfolio of 42,000 freight railcars, 55,000 tank containers and six workshops.
Author: Richard Strockl Archive
WFW Global Maritime Sector Head Lindsey Keeble named Lloyd’s List Top 10 Maritime Lawyer
Lindsey commented: “This recognition could not have been achieved without the enthusiasm and dedication of the fantastic team of highly talented colleagues in the firm’s Maritime Group worldwide”.
WFW advises consortium on acquisition of German offshore wind farm
The Merkur wind farm consists of 66 GE Haliade 150 turbines with a capacity of 396 MW. The project will save c.18 million tonnes of CO2 equivalent over its project life.
Commercial Disputes Weekly – Issue 8
This week’s delicacies offered up by the English courts include an interesting case on apparent bias, a warning from the Court of Appeal on contempt proceedings, and a useful reminder on “subject to contract” wording.
WFW advises Ridgebury and Tufton on US$40.6m acquisition of two Suezmax tankers with Euronav
The joint venture acquired two Suezmax tankers for a combined consideration of US$40.6m.
WFW advises Coro Energy on Italian oil & gas portfolio sale
The initial consideration, payable by Zenith on completion, will be settled through the issue of 6.7m new Zenith shares.
“Hidden” Reasons for Dismissal
What was the “principle reason” for the dismissal: the reason in the mind of the decision maker or the “hidden reason” in the mind of the manager?
WFW advises Globalstar on US$199m refinancing agreements
A six-year loan facility will primarily be used towards the prepayment of existing credit payments, amounting to US$152m, as well as to pay off a US$66m bridge facility raised in June 2019.
WFW half year revenue up 2%
Lothar Wegener: “This is a good result for the firm, improving as it does on last year’s result for the same period, and clearly demonstrating the ongoing success of the sector-focussed model that drives WFW”.
WFW advises CMBFL on US$415.6m sale and leaseback of 20 chemical tankers for Stolt Tankers
The proceeds of the deal were used to refinance certain debt secured on the vessels.
