US Sanctions 10116 September 2020
In the first of a seven-part series on the application of US sanctions to the shipping community, this article provides a general overview of said sanctions.
In the first of a seven-part series on the application of US sanctions to the shipping community, this article provides a general overview of said sanctions.
The divestment includes all three of the group companies: ACARDA GmbH, Acarda Services S.à r.l., and acarda S.à r.l. – with both Mr Jovy and Mr Karaca remaining as the group’s managing directors going forward.
The portfolio comprises 15 operational photovoltaic (PV) plants, eight of which are located in the south west of England, two in west Wales and five in central and eastern England.
George is universally recognised as one of the leading lawyers in the maritime sector both in Greece and internationally and has decades of experience advising many of the world’s leading shipping lenders and shipowners.
The portfolio comprises 62 plants with a total installed capacity of 154 MW.
In this article we consider the impact of suspending or cancelling aircraft insurance and the rights of lessors should a lessee fail to maintain the necessary insurance cover.
The loan facility will support PPC’s working capital needs at a time of customer payment volatility following the outbreak of the coronavirus pandemic.
The financial entities involved include CaixaBank and BNP Paribas Fortis as global coordinators, bookrunners, and mandated lead arrangers (“MLAs”) for the long-term bank debt facilities.
The agreement, which has a total value of more than €250m, guarantees the stable continuation of the company’s activity, which has been active in the shipping market for four generations.
Partners Dominic Pearson, Patrick Moore and Pete O’Hare has been recognised among the most outstanding individuals in that age group active in the commercial aviation industry.
The firm continues to top inspiratia’s global renewables table by deal count and gains eight first place rankings in Inframation.
The scheme gives legal sanction to an agreement between NAC and its creditors that grants security over 236 aircraft, held by Wilmington Trust in its capacity as security trustee.