WFW advises Danaos on US$1.25bn refinancing
Danaos has refinanced all its outstanding debt under nine senior secured credit facilities, streamlining its capital structure from nine credit facilities to one.
Author: Richard Strockl Archive
WFW Secures Important Agency Disputes Win for BCP
The long-running case was eventually decided in BCP’s favour after almost five years. The Supreme Court’s judgment has established a legally sound and commercially viable precedent for petroleum industry participants.
The EU Taxonomy for Sustainable Investments – Agriculture and Forestry (Soft Commodities)
In the fifth article of our sector series on the EU Taxonomy Regulation for Sustainable Investments, we set out the key concepts it introduced and explain what they means for market participants in the forestry and agriculture sectors.
US Dollar LIBOR Transition in asset finance – where are we now?
This article examines the recent regulatory and market body announcements relating to the transition away from LIBOR.
Ship leasing – risk of reclassification in US proceedings
As the importance of ship leasing as an alternative to debt financing grows, one potentially difficult and uncertain issue should be examined: the risk of a lease being recharacterised in US legal proceedings.
WFW advises Banco Santander on US$77.1m K-SURE loan facility for Evergreen
The financing, which has a tenor of ten years, represents the first K-SURE-supported financing for Evergreen group.
Anti-harassment training and the ‘reasonable steps’ defence
This article examines a recent case where it was held that the employer could not rely on the ‘reasonable steps’ defence where anti-harassment training provided to employees had become ‘stale’.
The Italian Hydrogen Strategy
In the seventh article in our ‘Hydrogen- what is the hype about?’ series, we provide an overview of the hydrogen sector and the strategy for its development in Italy.
Securing a Security: Implying limits in a guarantee
In this article, we look at an interesting decision from the English Commercial Court concerning the implication of terms into guarantees, which may raise alarm bells for some parties in the maritime sector.
WFW advises Hospital St. Josef on €118m construction contract tender
This major investment in local health care infrastructure is thought to be currently one the highest volume hospital projects in northern Bavaria (Germany).