GA guarantees and GA bonds – spot the difference
The English High Court recently handed down a helpful judgment that confirms the longstanding market view on the use of bonds and guarantees issued following a declaration of General Average (GA).
Author: Richard Strockl Archive
WFW expands New York aviation offering with senior hire
Aviation finance and leasing lawyer Philip Jackmauh is joining the firm as Senior Counsel.
Charterparty Requirements to Notify Claims – Take care!
This article considers the English High Court’s decision in The Tiger Shanghai, which addressed the issues arising out of obligations in time charterparties to notify claims and provide supporting documents within narrow time frames.
Demurrage Time Bar Clauses
In the Amalie Essberger, the English High Court recently sought to clarify the question of precisely what demurrage time bar clauses require, but in so doing, some lingering uncertainty remains.
WFW advises Agoda on launch of Asia-Pacific and Middle East online flight and package platforms
Agoda is one of the world’s fastest growing digital travel platforms, providing travellers with a choice of more than 2.5m properties.
The Italian maritime and energy industries and COVID-19
The recent outbreak of COVID-19, better known as the Coronavirus, is having a major impact on the global economy. In order to take adequate measures to fight the aforesaid virus, on 23 February 2020 the Italian Government enacted law decree no. 6.
Plan Your Passage Carefully!
In a significant decision published on 4 March 2020, the English Court of Appeal has upheld the decision of the lower court that an inadequate passage plan that had caused a vessel’s grounding rendered the vessel unseaworthy.
WFW advises Adar Property Group on financing and acquisition of Texas apartment complex
The two apartment complexes are adjacent to one another and are located in very close proximity to The University of Texas.
WFW advises DeA on credit restructuring re Elbana di Navigazione
As a result of the transaction, Dea Capital has, through one of its fully owned subsidiaries, acquired a vessel from Elbana di Navigazione’s fleet.
WFW advises Galloper on £281.8m sale of transmissions assets
Galloper Wind Farm is located in the North Sea, 27 km from the coast of Suffolk, England. The sale of Galloper’s transmission assets includes its onshore and offshore substations as well as two subsea export cables.