This article looks at ways in which a lease can in some respects be potentially more favourable to a creditor who is also a lessor as compared with the position of a secured lender.
We advised on the New York, Marshall Islands and English law aspects of the transactions, including relating to certain collateral security granted on the notes.
We advised Teekay Offshore Partners on two separate fleet refinancings with a combined value of US$550m.
The vessels covered are four Suezmax DP2 shuttle tankers due for delivery in 2019 and 2020.
WFW advises Teekay LNG joint venture on US$1.6bn financing for innovative icebreaker LNG carrier newbuildings
The Yamal LNG project in Arctic Russia is one of the largest and most complex LNG projects in the world.
We are delighted to have assisted longstanding client Teekay LNG in concluding further significant long-term financings for its exciting newbuilding programme in the LNG sector.
We are delighted to have assisted Teekay LNG in concluding further significant long-term financings for its exciting newbuilding programme in the LNG sector.
We are delighted once again to assist Teekay Offshore on a series of highly strategic investments and refinancings that have so significantly enhanced the position of Teekay Offshore going forward.
International law firm Watson Farley & Williams (“WFW”) has advised long-standing client Teekay LNG Partners LP. . .