Watson Farley & Williams has advised Mauritius Commercial Bank as agent and lender on an up to US$110m reserve-based lending facility and an up to US$30m working capital facility granted to Afentra Ltd for the acquisition from INA-Industrija d.d. of 4% interests in Block 3/05 and Block 3/05A offshore Angola in the Lower Congo Basin.
In a judgment likely to benefit the whole aviation lessor community, WFW represented Genesis in its successful claims against SpiceJet for non-compliance with redelivery conditions.
In this edition of Commercial Disputes Weekly, we discuss a Court of Appeal decision on a novel issue as to the status of a bill of lading in the hands of a charterer, as well as judgments on interpretation of a covenant not to build, the applicable law for an interest claim and a case that will not get its day in the Supreme Court.
Read the 105th edition of our weekly update on Italian labour law.
This issue of Commercial Disputes Weekly covers two arbitration challenges on fairness and jurisdiction, the interpretation of a live/work covenant in a lease and an unsuccessful invocation of Brexit and the pandemic as force majeure.
Read the 104th edition of our weekly update on Italian labour law.
Hamburg Public Prosecutor Michael Elsner has provided insightful commentary concerning the criminal liability of ship dismantling under German criminal law in a recent article who’s key points we summarise in this article.
The New Agency Law gives foreign principals greater protections and freedom of contract. Here, members of the Dubai team examine the implications.
This edition of Commercial Disputes Weekly considers two classic insurance issues, namely insurable interest and co-insurance, as well as the availability of an injunction to prevent enforcement of loan security and whether the resignation of an adjudicator makes a challenge out of time.
This article explores the workings of the EU UK and Swiss (CH) ETS schemes, including their enforcement mechanics, and the risk that an aircraft operator’s non-compliance with them poses to lessors across those jurisdictions which fall within these schemes.
