Royal Caribbean announced that it intends to use the combined net proceeds from the offerings of the Notes for general corporate purposes, which may include the repayment of indebtedness.
Partners Steven Hollander and Daniel Rodgers led the WFW New York Corporate team that advised long-standing client Royal Caribbean Cruises Ltd. on matters of maritime and Liberian law in connection with a US$3.3bn private offering.
Frontline used the proceeds to fund the acquisition of the ten vessels from Trafigura Maritime Logistics.
Aviation finance and leasing lawyer Philip Jackmauh is joining the firm as Senior Counsel.
On December 19, 2019, The US CBP announced a change in its interpretation of Section 27, which in general leaves room for expansion of the universe of items that non-US-flagged vessels may deliver to US offshore installations.
Shanghai-based CMBFL provides financial leasing solutions to large, medium and small businesses across China. It is a subsidiary of China Merchants Bank, the first share-holding commercial bank wholly owned by corporate legal entities in China.
Prior to joining WFW, he was an Associate at Seward & Kissel LLP in New York. Will has a decade of experience representing leading public companies in the maritime sector.
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.
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.