WFW advises US maritime lender on US$56m senior loan facility for Seamax
Seamax operates a fleet of 12 modern, post-Panamax container ships and provides the world’s top shipping lines with over 1.2m deadweight tonnage in carrying capacity.
Author: Richard Strockl Archive
Income Adjusting Events and insurability
The treatment of “income adjusting events” is a source of potential litigation, both in terms of judicial reviews and contractual warranty or indemnity claims. In the sixth of our nine-part series on the OFTO Regime, this article examines the issues that arise and how parties might seek to resolve them.
Fly or goodbye – Can airlines survive without taking to the skies?
As once profitable airlines look to raise liquidity to weather the turbulence of the Covid-19 pandemic, Partner Patrick Moore and Ocorian Director Abigail Holladay assess the use of alternative assets as a means to raise finance.
Adjudication ‘scope creep’ inevitable: excluding defences will breach natural justice
This article examines the recent TCC decision in which the court confirmed that it will not hesitate to find an adjudicator’s decision unenforceable where there was a clear breach of natural justice.
CCL Amendments: another step towards making UAE a global investment hub
The UAE Government has recently made significant changes to the country’s Commercial Companies Law. This article explores the key amendments to the CCL contained in the recently passed Federal Decree Law No. 26 of 2020.
Remote working: Germany’s new occupational health and safety regulation
This German-language article explores the occupational health and safety regulations contained within the German Government’s new temporary “remote working” legislation.
The Final Test: Supreme Court rules on Covid-19 Test Case Appeal
This article examines the UK Supreme Court’s decision on the coverage provided by Business Interruption insurance policies in relation to losses arising out of the Covid-19 pandemic and resulting government measures.
WFW advises TRIG and InfraRed on acquisition of stake in 588 MW Beatrice wind farm
The wind farm has a total installed capacity of 588 MW. This investment is TRIG’s third in a UK offshore wind farm and represents circa 12% of its overall investment portfolio.
Brexit: “EMIR” risk when concluding wholesale energy contracts via UK brokers
As a result of Brexit, there is a risk that physical electricity and gas trading via UK brokers will no longer be covered by the so-called REMIT carve-out and that such transactions will therefore be subject to financial market regulation.
WFW advises group of core creditors on Bourbon Maritime debt restructuring
The restructuring was extremely complex and challenging, and involved innovative strategies which have not been previously adopted in the maritime sector.