WFW advises Nordea on Euronav US$713m loan facility20 October 2020
The first drawdown refinanced indebtedness in relation to nine VLCCs and three Suezmaxes and security included Belgian, Greek and French mortgages over these ships.
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The Government’s Draft for a Revised Renewable Energy Act 2021- an Overview20 October 2020
The German Government has issued a draft for a substantial revision of the Renewable Energy Act, with a view to paving the way to achieving national climate targets.
Commercial Disputes Weekly – Issue 4819 October 2020
In this week’s Commercial Disputes Weekly find out the English’s court’s view on whether a “material adverse effect” clause could cover the effects of the Covid-19 pandemic, as well as the Court of Appeal’s decision in a case raising important issues on misuse of confidential information and the tort of conspiracy to injure by unlawful means.
Owners vs. loyalty programs: Time for transparency, shared risk?19 October 2020
Felicity Jones and Alan Polivnick have once again collaborated for a feature article in prominent hospitality trade publication Hotels Magazine.
BIMCO ‘SHIPLEASE’ Term Sheet19 October 2020
In this article we discuss how the ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes it both timely and welcome that BIMCO has produced a standardised term sheet.
WFW joins Rainmaking’s Trade and Transport Impact programme as Ecosystem partner19 October 2020
The programme aims to to build supply chain resilience to address disruption and decarbonise the wider global supply chain with a focus on shipping.
How Marketers can shift from ‘Business Services’ to ‘Trusted Advisor’ within their firms16 October 2020
In a podcast with Passel, Rippan Vig, Director of Client & Strategic Development at WFW explores how Marketing, Business Development and Communications teams make a shift, and position themselves as trusted advisors within their firms.
WFW advises CIT on US$70m loan facility16 October 2020
The loan is secured over three large container ships operated by Maersk A/S, a subsidiary of AP Moller Maersk.
WFW wins Ishka’s Restructuring Deal of the Year 201915 October 2020
The firm has won the ‘Restructuring Deal of the Year 2019’ award for its advice to Norwegian Air Shuttle ASA regarding the restructuring of NAS’ €250m Norwegian bond transaction.
A privileged position15 October 2020
This article examines a recent case in which the Commercial Court confirmed that English rules on legal professional privilege extend to protect communications with in-house lawyers irrespective of their location or country of qualification.
US Sanctions: Spotlight on Russia14 October 2020
In the fifth of a seven-part series on the application of US sanctions to the shipping community, this article explores US sanctions on Russia/Ukraine.
WFW advises DIP lenders on US$500m DIP term loan credit agreement with Valaris plc13 October 2020
WFW advised on matters of Marshall Islands, Liberian, Thai and maritime law and also, through our formal law alliance in Singapore with Wong Tan & Molly Lim LLC, Singapore law.