Fire on board! When can an owner rely on the “fire” defence under the Hague-Visby rules?2 April 2019
Partner Evangelos and Associate Iliana discuss the scope of the fire defence under Article IV Rule 2(b) and its availability to a vessel’s carrier.
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Thai court’s approach on fraudulent asset transfers in restructuring12 December 2018
The Thai court has made it clear that relying on bank guidance to effect asset transfers will not always be sufficient to protect such transfers from subsequent legal challenge.
Landmark Court of Appeal decision on ship arrest counter-security and wrongful arrest damages11 December 2018
In a landmark ruling that has brought welcome clarity to a legal ‘hot topic’ that has been debated for many years, the English Court of Appeal has now upheld the first instance decision of the Admiralty Court in The Alkyon.
20 years: German tonnage tax regime3 December 2018
Under the tonnage tax regime, enterprises and individuals with seagoing vessels have the opportunity to be taxed on the basis of a deemed profit related to the ship’s tonnage instead of the actual operating results. Read more here.
The 2020 Global Sulphur Cap26 October 2018
Read to find out about the potential challenges in relation to the financing of retrofitted scrubbers on an asset finance basis.
Duties owed by mortgagees of ships when exercising their “power of sale”25 September 2018
Charles Buss, John Kissane and David Osborne discuss the recent English Admirality Court decision in Close Brothers v (1) AIS (Marine) 2 Limited (2) Paul Chandler.
The future is all Reit24 September 2018
Mohammed Kamal and Amy Jones take a look at the Real Estate Investment Trusts (“REITs”) landscape in the United Arab Emirates (“UAE”), Kingdom of Saudi Arabia (“KSA”) and the wider GCC.
Ground rent transactions in commercial real estate 10 September 201810 September 2018
In our new briefing, Tom Jarvisand Hetan Ganatra discuss the increasingly common ground rent transactions and the practical benefits this transaction may have on real estate owners and companies.
New procedures for lessors to deregister aircraft in Thailand6 September 2018
Alan Polivnick and Nicharee Musikapraphan outline the key focus of Regulation 11, which was issued by The Civil Aviation Authority of Thailand earlier this year. The briefing discusses the Regulation’s changes in relation to the deregistration of Thai registered aircraft.
The new movables pledge law: and what it means for secured lending in the UAE4 September 2018
In this briefing, Michael Savva and Alice Atkinson discuss the new regime for the registration of mortgages over movable assets in the UAE.
US secondary sanctions on Iran and the EU Blocking Statute: Implications for the shipping industry15 August 2018
On 7 August 2018, both the first wave of re-imposed US secondary sanctions, and the EU Blocking Statute took effect: how can we comply with two incompatible laws at the same time?
No cross-undertakings in damages for ship arrests3 August 2018
Charles Buss and Nick Payne discuss the recent decision of the Admiralty Court in London, Natwest Markets Plc v Stallion Eight Shipping Co. S.A., in which we acted for the successful party. Has the recent decision confirmed the attractiveness of England as a jurisdiction for the arrest of ships?