Update and Insights: UAE Financial Leasing Law31 March 2020
A summary of recent developments, and insights, in relation to the implementation of the UAE Federal Law No. (8) of 2018 on Finance Leases.
A summary of recent developments, and insights, in relation to the implementation of the UAE Federal Law No. (8) of 2018 on Finance Leases.
Germany has implemented measures to support businesses struggling from the effects of the COVID-19 epidemic. This includes a protective financial shield as well as changes to German civil and insolvency law.
In this article we discuss the salient points of the Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Bill 2020 which was gazetted on 17 January 2020.
In this article we discuss the proposed amendments to Singapore’s International Arbitration Act.
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.
Recent key legal and regulatory changes in Brazil are influencing opportunities and demand in the offshore sector, the impact of which is discussed further in this article.
On October 10, 2019, the Marshall Islands was removed from the European Union’s blacklist of non-cooperative jurisdictions for tax purposes.
How can we ensure the future success of both the maritime industry and the environment? We will be exploring this question at London International Shipping Week, the UK’s leading annual industry gathering.
Following the completion of the transaction, Hoegh LNG is now fully funded with both equity and debt for its current newbuilding programme, which will be completed with the delivery of Hoegh Galleon in August 2019.
On August 5, 2019, US President Donald Trump continued to escalate US sanctions on Venezuela by imposing direct blocking sanctions on the Government of Venezuela.
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.
The vessels covered are four Suezmax DP2 shuttle tankers due for delivery in 2019 and 2020.