WFW strengthens Asia Projects and Corporate Group with new partner hire11 January 2023
Kunal’s expertise spans both conventional and renewable energy, LNG, oil and gas, and transport infrastructure projects.
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Commercial Disputes Weekly – Issue 14510 January 2023
We start 2023 with decisions on refund guarantees in a shipbuilding dispute, a no assignment clause in an insurance context, damages for forged warehouse receipts, the enforceability of an adjudicator’s alternative finding and two start-up founders being found liable for fraudulent misrepresentation.
Aviation Q&A – 20 things to consider for aviation deals in Spain10 January 2023
This short Q&A addresses 20 key points for consideration regarding aviation deals in Spain, including practical matters aircraft lessors and financiers need to be aware of in relation to their operations in Spain and/or with Spanish lessees.
WFW advises on US$24bn Simandou project, world’s largest mining and related infrastructure project5 January 2023
The Simandou project involves the exploitation of four world class iron ore blocks in the southern region of Guinea.
AWG Secretary General Jeffrey Wool joins WFW as Senior Global Advisor3 January 2023
We are delighted to announce that aviation and international law expert Jeffrey Wool has joined the firm as Senior Global Advisor working out of both its London and New York offices.
US Risk Retention – Container Box White Paper23 December 2022
The purpose of this White Paper is to provide general guidance to transaction participants and practitioners in their consideration of the application of the provisions of Section 15G of the Securities Exchange Act of 1934, as amended, as added by section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the federal interagency credit risk retention rules promulgated thereunder, codified at 17 C.F.R. Part 246, to a typical issuance of securities by a newly formed special purpose vehicle that owns or will own, among other things, a portfolio of marine containers and related leases which may be entered into directly or indirectly by way of one or more management agreements.
WFW advises Navigazione Montanari and NAI on sale of Vallermosa and Valtamed tankers22 December 2022
Watson Farley & Williams has advised Navigazione Montanari S.p.A. and Nai Int Ltd on the sale of the Vallermosa and Valtamed tankers.
Italy unlocks drilling in new Italian “Aiuti Quater” Decree22 December 2022
The Italian government has announced new measures on the procedure for drilling to secure the long-term supply of domestically produced natural gas initiated in its new Aiuti quater Decree.
Towards a new AI liability regime: presumptions and right of access to evidence in favour of injured parties22 December 2022
The article summarises the main elements of the directive proposed by the EU Commission to adapt the rules on non-contractual civil liability to allow for artificial intelligence.
Commercial Disputes Weekly – Issue 14420 December 2022
In our final Commercial Disputes Weekly of 2022, we explore when an email is signed, when an English court will not get involved in foreign litigation, the implication of a term when calculating rent in a lease and the evidence required for a claim for the cost of replacement borrowing.
We will be back on Tuesday 10 January 2023 and wish all our readers a relaxing break.
Can I have a refund?16 December 2022
In this article we discuss Havila Kystruten AS v Abarca Compania de Seguros AS in which we represented the successful Norwegian shipowner. The judgment is welcome for the detailed guidance on the parties’ rights to terminate shipbuilding contracts as well as the nature and scope of refund guarantees.
Russian Oil Price Cap Poses Challenges to Maritime Industry14 December 2022
On 5 December 2022, the long-awaited Russian oil price cap measures and related sanctions came into effect. This article highlights some of the challenges and risks that may be posed to the maritime industry in attempting to comply.
