Their appointments form part of a new leadership and governance structure for WFW endorsed by the firm’s partnership, replacing the previous model led by joint Managing Partners and a Chairman.
The transaction included a margin adjustment mechanism based on carbon intensity rating as an incentive for the owner to reduce carriers’ carbon emissions.
This is the first occasion when 100% of the equity in a container box ABS has been sold to third-party investors and only the second time that any equity in a container box ABS has been sold to third party investors.
Watson Farley & Williams has successfully advised Ryanair on its appeal against the Italian Ministry of Infrastructure and Transport’s Decree no. 2/2020, which imposed Public Service Obligations on scheduled air services between Trapani airport and other six destinations.
Watson Farley & Williams acted as English law counsel to CPLP Shipping Holdings PLC on the issuance and public offering of a US$150m corporate bond on the Athens Stock Exchange, guaranteed by Capital Product Partners L.P.
The ship, which was acquired by Megaride in 2021 as part of a restructuring agreement with Perseveranza S.p.A. di Navigazione group, was sold at her market price, enabling DeA to exit the dry-bulk sector.
WFW advised on matters of English, French, German, Marshall Islands and Hong Kong law, with five offices involved in the transaction.
This is the first time FINAV Group have refinanced a vessel and represents a fundamental first step in the reorganisation and optimisation of their group financial structure.
The plants, with total capacity of approximately 55 MW, will be located in the municipalities of Tessennano and Viterbo and are owned by Tayan Energy.
Galp is a leading integrated Portuguese energy company that develops profitable and sustainable businesses committed to net zero CO2 emissions by 2050.
