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Preferred stock in the shipping sector20 July 2021

This article explores the increasing trend for private equity investments in the shipping sector to take the form of preferred stock in either publicly listed or private companies, rather than through establishing a joint venture with an established shipowner.

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Article

‘As is, where is’: Redelivery under Cape Town – the judgment of the High Court of Australia23 March 2022

The obligations of an administrator to redeliver aircraft and engines have been determined by the Australian High Court in the first judgment to consider the interaction between the Cape Town Convention and local insolvency law: Wells Fargo Trust Company, National Association (As Owner Trustee) & Anor v VB Leaseco Pty Ltd (Administrators Appointed) & Ors [2022] HCA 8.

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