WFW advises Commerzbank on corporate loan to FRS Group
Other tranches of the loan will be used to renew its ferry fleet operating between Hamburg and Heligoland (including a newbuild vessel for 2018) and to expand its business in the US northwest.
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WFW NYC Partners admitted to practice in Marshall Islands
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.
WFW Italy takes on new Banking & Finance Partner in Milan
We are pleased to announce that Mario D’Ovidio has joined the firm’s Banking & Finance practice in Milan as a Partner.
Damages and Mitigation: Supreme Court Takes a Short Cruise on Benefits
In an eagerly awaited decision the Supreme Court has ruled that a shipowner’s benefit from selling its vessel, following a time charterer’s repudiatory breach, was not to be taken into account when assessing the shipowner’s damages.
Exclusions of consequential loss in shipbuilding contract warranty clauses
The Commercial Court has returned to the subject of shipbuilding contract warranty clauses and issued further guidance as to the proper interpretation of exclusions of consequential losses in that context.
Two WFW deals named TXF Project/ECA Finance Deals of the Year 2016
WFW is delighted to announce that two deals the firm advised on have been named in. . .
Qatar Crisis: the Effect on Shipping
On 5 June 2017, the UAE, Saudi Arabia, Egypt and Bahrain severed diplomatic ties with Qatar over allegations it is sponsoring terrorism. The ban has many implications, but what are the immediate effects on shipping?
Seven WFW deals win Marine Money “Deal of the Year” honours
Leading maritime industry publication Marine Money has re-confirmed Watson Farley & Williams’ (“WFW”) position as the. . .
UK Supreme Court Rules on Charterparty Unsafe Port Claim
The Supreme Court has upheld a Court of Appeal judgment confirming that there had not been a breach of a safe port warranty.
WFW boosts Hamburg office with new corporate Partner Björn-Axel Dißars
International law firm Watson Farley & Williams (“WFW”) is pleased to announce that Dr Björn-Axel Dißars. . .