The restructuring was extremely complex and challenging, and involved innovative strategies which have not been previously adopted in the maritime sector.
As the largest dedicated maritime legal practice in the world, we can steer your business through every aspect of this global industry.
Responding to the cyclical nature of the global maritime sector requires a deep understanding of trade patterns and investment priorities. For 35 years, our long-established and highly regarded team has helped clients confidently address the ups and downs of the shipping industry. As an industry leader (ranked Band 1 by Chambers & Partners for shipping in 11 jurisdictions including Asia-wide and Global), we continue to lead some of the most complex, cross border and high value maritime matters in the world.
We provide a full range of legal services to the maritime industry, advising our clients on finance, corporate matters, tax, regulatory affairs, employment issues, restructuring and dispute resolution. Areas of special expertise include maritime infrastructure, commercial shipping, container shipping and logistics, cruise, commercial contracts, disputes and regulatory, loan portfolios and restructuring.
Our unrivalled understanding of the shipping industry, and reputation for international financial expertise and commercial approach, attract clients from across the sector, including major shipowners, charterers, ship managers, P&I and FD&D insurers, investors, banks and other financiers with substantial shipping portfolios. With all our clients, we aim to build long-standing relationships and provide pragmatic, definitive advice.
Find out more
- Asset Finance and Leasing
- Capital Markets
- ECA Finance
- Project Finance
- Private Equity – Loan Portfolios
The acquisition was structured by way of a reverse triangular merger with the financing for the acquisition provided by alternative investment firm, EnTrust Global and will be the first such merger to be effected under the Companies Law of the DIFC.
The comprehensive reform of German restructuring and insolvency law implements the European Restructuring Directive but also makes further important changes to the insolvency law.