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.
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Commercial Disputes Weekly – Issue 4315 September 2020
In this week’s Commercial Disputes Weekly, an “unprecedented” case of “extraordinary” delay, a significant decision for the maritime sector and an important Court of Appeal judgment on imagining orders.
US Withdrawal From Hong Kong Shipping Tax Treaty: Effects and Considerations8 September 2020
The US has unilaterally pulled out of its shipping tax treaty with Hong Kong, which will affect Hong Kong and US taxpayers engaged in shipping.
WFW Athens Head George Paleokrassas named Global Maritime Sector Co-Head alongside Lindsey Keeble1 September 2020
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.
WFW advises Sonnedix on €154.4m financing of 154 MW Spanish PV portfolio19 August 2020
The portfolio comprises 62 plants with a total installed capacity of 154 MW.
WFW advises Sonnedix on €321m financing for 63 MW Spanish PV portfolio10 August 2020
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.
Changing landscape for UAE maritime industry6 August 2020
This article discusses a recent Resolution issued by the UAE Cabinet that sets out the possibility for maritime businesses in the UAE to be fully-owned by foreign investors.
Airline Economics names three WFW Aviation Partners to 40 under 40 2020 list5 August 2020
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.
Commercial Disputes Weekly – Issue 374 August 2020
In a sign of things to come, in this week’s Commercial Disputes Weekly the first Covid-19 related cases are starting to appear, as well as arguments that any resulting economic downturn would justify an order for security for costs.
WFW further expands London Dispute Resolution practice with key new Partner hire3 August 2020
Dispute resolution expert Marcus Dodds has joined the firm as a Partner in London. He was previously a Partner at Reed Smith, where he was Co-Head of the LNG and offshore groups.
WFW advises Wilmington Trust on landmark scheme of arrangement for US$6bn NAC debt restructuring programme24 July 2020
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.
WFW advises SirajPower on US$50m solar portfolio financing22 July 2020
This landmark transaction was financed on a long-term, non-recourse basis and marks the largest lease-funding platform for distributed energy in the GCC. (Image © 2020 SirajPower)