This is an urgent 2019 deadline for Liberian corporations that have issued (or authorized to issue) bearer shares and the holders or beneficial owners of such shares.
This briefing highlights an urgent obligation applicable to the holders and beneficial owners of bearer certificates of Marshall Islands corporations.
The penalty for failing to comply is a fine or dissolution.
What are the key characteristics and advantages of the three main Marshall Islands and Liberian entities that shipping businesses use in their structures?
We are delighted to have assisted our client Berenberg on an important acquisition that represents another great opportunity for conservative institutional investors to participate in a ship mortgage backed loan portfolio.
New York Finance Partner John Benson and Corporate Partner Steven Hollander have been admitted as attorneys to practice law in the Republic of the Marshall Islands.