Offshore wind energy production has been a fast growing industry in the last few years. The applicable rules are constantly evolving, and the next revision of the German Offshore Wind Act is currently being discussed, especially proposed changes to the auction design.
In the recent case of Nautica Marine Limited v Trafigura Trading LLC guidance regarding the legal effect of agreements on “subjects” or “subs” has been provided by the High Court.
In the recent case of Sevilleja v Marex Financial Ltd, the UK Supreme Court held that the “reflective loss” principle will only preclude claims by shareholders and will not extend to claims by other creditors.
The portfolio comprises 62 plants with a total installed capacity of 154 MW.
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.
This article considers the impact of the COVID-19 pandemic on the hotel industry and the strategies open to brands and hotel owners in resolving disputes as hotels begin to reopen and tourism and travel resume.
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.
In addition to the initial 112 sites, EVN has plans to develop a further circa 380 EV charging sites, requiring an additional circa £150m in the next 36 months, for which SEEIT has a right of first negotiation.
The loan facility will support PPC’s working capital needs at a time of customer payment volatility following the outbreak of the coronavirus pandemic.
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.
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.
