As one of the world’s leading container practices, we engage with all aspects of single and multi-modal logistics.
Our specialist logistics and container lawyers advise on all business issues that arise from land, sea and air transportation, plus the sale, purchase and delivery of goods. We routinely advise financing and leasing, corporate (including structuring and M&A), commercial contracts, taxation and management in this niche industry.
Shippers, freight forwarders and owners and operators of shipping assets seek our advice on the sale and purchase of containers, freight forwarding agreements, container interchange agreements, standard terms of service, billing and collection agreements, bills of lading, sales agency agreements, insurance, reinsurance, environmental and regulatory issues.
In addition, we regularly act for banks and financial institutions, leasing companies and ship owners on the financing solutions for containers ranging from secured loans and operating and finance leases, to structured finance products.
Watson Farley & Williams has advised Hamburg Commercial Bank on a new US$180m bank facility provided to an intermediate holding company of MPC Container Ships ASA.
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.
In the second article of this series, Partner Mike Phillips and Associate Sylvie Allen discuss the courts’ powers under the Arbitration Act 1996 to preserve evidence, property and assets and order the attendance of witnesses in LMAA arbitrations.
