Fraud vs finality: a ”bare-knuckle fight” for justice
Find out what happens if, after a judgment or arbitral award is released, a party to the proceedings discovers the other side presented falsified documents.
Article Archive
US Sanctions Government of Venezuela: Not Quite an Embargo
On August 5, 2019, US President Donald Trump continued to escalate US sanctions on Venezuela by imposing direct blocking sanctions on the Government of Venezuela.
Security Maintenance Clauses in Ship Finance Transactions: Are They Enforceable?
English High Court confirms that banks can enforce security by relying on breach of loan to value ratio covenant in ship finance agreement.
Supreme Court considers determination of “constructive total loss”
UK Supreme Court holds that pre-notice of abandonment costs to be taken into account in determining whether a vessel is a constructive total loss
African Aviation Liberalisation: one step at a time?
African aviation has struggled with its big idea: “liberalisation”, an idea which means extending the right of airlines to fly from one country to another, continent-wide, and lessening the restrictions they face.
The Poseidon Principles: Will they affect me?
They establish a framework for assessing whether ship finance portfolios align with the IMO’s goal of reducing shipping’s total annual greenhouse gas emissions by at least 50% by 2050.
What should shipping do about economic substance?
These are rules, pushed forward by the EU and the OECD, as part of the continued battle against “tax havens”.
Marshall Islands – economic substance requirements for shipping companies
Traditional “offshore” shipping jurisdictions have introduced “economic substance” rules. Read here to find out more.
Lazio administrative regional court affirms that Tremonti Ambiente and Conto Energia benefits are cumulative
In a significant recent decision for operators in the renewable energy market, an Italian court has determined that the tax benefits available under the Tremonti Ambiente can be claimed alongside feed-in tariffs paid under the III, IV and V Conto Energia regulations.
Geothermal Energy in Greece
This briefing focusses on the newly issued Law 4602/2019 that sets out the main principles for the exploration, exploitation and management of Greece’s geothermal potential.