Watson Farley & Williams (“WFW”) advised Prow Capital, who manage the Green Shipping Fund (“GSF”), regarding a senior secured post-delivery financing granted to Liberty Lines S.p.A. (“Liberty Lines”).
The ruling clarifies the limits of equitable set-off and confirms the strict enforceability of “pay now, argue later” obligations.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
This first article in the series discusses the contractual issues arising in the event that the Strait of Hormuz is closed.
Marla Investments is a company affiliated with Greece’s Latsis family, who have had a leading presence in shipping for over 80 years.
By recognising only ten outstanding transactions in export finance across the world, the TXF Perfect 10 Awards are the industry gold-standard for excellence.
Watson Farley & Williams invites you to a webinar which will spotlight the vital contributions of women to the maritime sector.
Shipowners should be aware that where charterers redeliver late, their ability to claim substantial damages could be limited by the existence of any contractual obligations that prevent entry into further fixtures.
