Italian VAT law has recently been changed so that the place of supply of services relating to the leasing and chartering of a yacht is now the place where the leased or chartered yacht is actually used by the customer.
This article discusses the objectives of the Clydebank Declaration and highlights the potentially transformative impact of the green corridors on the maritime sector.
The obligations of an administrator to redeliver aircraft and engines have been determined by the Australian High Court in the first judgment to consider the interaction between the Cape Town Convention and local insolvency law: Wells Fargo Trust Company, National Association (As Owner Trustee) & Anor v VB Leaseco Pty Ltd (Administrators Appointed) & Ors [2022] HCA 8.
As of 1 January 2020, shipowners and lessors may apply an exceptional tax depreciation when acquiring equipment using decarbonised energy for the main or auxiliary propulsion of a vessel.
Following the success of our recent webinar, our latest article assesses the issue of the rising number of Electrical Vehicles catching fire and possible ways of prevention.
In this article, London Maritime Partner Richard Stephens assesses the GloBE rules which come into effect in 2023 and the impact they will have on the shipping industry.
This week’s CDW includes the first reported judgment on the Trade Secrets (Enforcement, etc.) Regulations 2018, decisions on interpretation of bank guarantees and insurance aggregation clauses, and the Commercial Court invokes the draconian remedy of strike out for not progressing a claim.
In this brief update, we consider how leaked amendments to the draft EU Maritime Emissions Trading System (ETS) proposal could impact the apportionment of ETS costs and liabilities in the maritime sector.
In this 100th edition of CDW, we consider the recognition of acts of foreign states, two common issues that occur at the commencement of proceedings and who qualifies as an operator for limitation of liability purposes.
In this week’s Commercial Disputes Weekly, the Commercial Court grants a lengthy extension for the time to challenge a consent award for serious irregularity. Another judgment has been added to the long running Prestige dispute between Spain and the vessel owner’s P&I Club.
Read the twenty fifth edition of our weekly update of Italian labour law.
Following the launch of WFW’s Global Aviation Restructuring Index (GARI), this article shares our insights on the data analysis beyond the headline debtor-friendliness and creditor-friendliness scores.