WFW advises Citibank and Nordea on ECA backed loan restatement15 June 2018
We advised Citibank and Nordea on ECA backed loan restatement resulting from Euronav/Gener8 merger and the sale of six VLCCs to International Seaways.
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OSX 3 – Superior Court removes doubt over recognition of non-Brazilian mortgages27 February 2018
Federal Superior Court of Justice in Brasilia overturns lower court’s decision refusing to enforce Liberian mortgage against FPSO operating in Brazilian waters.
Updated Marshall Islands Associations Laws30 January 2018
The penalty for failing to comply is a fine or dissolution.
Incorporating Offshore: Liberia and the Marshall Islands14 December 2017
What are the key characteristics and advantages of the three main Marshall Islands and Liberian entities that shipping businesses use in their structures?
WFW Chairman Nigel Thomas and Head of New York Daniel Rodgers moderate Offshore Asset Finance panel at Marine Money Brazil Offshore Finance Forum25 October 2017
The panel discussed the challenges of and where opportunities exist for the financing of offshore oil and gas assets in today’s turbulent market.
WFW NYC Partners admitted to practice in Marshall Islands4 August 2017
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.
An overview of bankruptcy remote structures17 January 2017
Bankruptcy remote structures are increasingly being used in the origination and restructuring of shipping debt.