WFW advises Azinam on Namibian offshore farm-out agreement with ExxonMobil21 August 2018
We advised Azinam Ltd on its divestment to ExxonMobil Namibia (PEL 44) Ltd, of a 30% stake in Petroleum Exploration Licence 44 (“PEL 44”) offshore Namibia.
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WFW advises Danaos on US$2.2bn debt restructuring and refinancing20 August 2018
We advised Danaos Corporation on the comprehensive restructuring and refinancing of its US$2.2bn debt maturing 31 December 2018 with certain of its lenders including Citibank, Credit Suisse, HSH Nordbank and RBS.
WFW Partners Evan Stergoulis and Malte Jordan recognised as leading lawyers to wind sector17 August 2018
Partners Evan Stergoulis and Malte Jordan, have been ranked among the world’s 100 most influential lawyers to the wind sector in this year’s Legal Power List 2018.
Italy’s new employment law “Dignity Decree”17 August 2018
Raffaela Colamarino discusses the recent publication in the Gazzetta Ufficiale, which introduces the so-called “Dignity Decree”. How will it impact on employment law?
US secondary sanctions on Iran and the EU Blocking Statute: Implications for the shipping industry15 August 2018
On 7 August 2018, both the first wave of re-imposed US secondary sanctions, and the EU Blocking Statute took effect: how can we comply with two incompatible laws at the same time?
WFW advises Taconic Capital on largest ever Italian shipping debt portfolio acquisition with SC Lowy15 August 2018
We advised Taconic Capital on its joint acquisition with SC Lowy of a shipping portfolio of UTP from Italy’s Monte dei Paschi di Siena group.
A regulatory minefield: Iran sanctions and the EU Blocking Statute15 August 2018
How will the regulatory minefield created by US sanctions against Iran and the EU’s retaliatory Blocking Statute will impact on the shipping sector?
Do arbitration agreements in bills of lading bind their holders?14 August 2018
In Sea Masters Shipping Inc v Arab Bank (Switzerland) Ltd, the Court ruled that the holder of a bill of lading which includes or incorporates an arbitration agreement will be subject to the jurisdiction of a tribunal formed under the arbitration agreement.
Fluctuating oil prices revisited: contractual pressure points and lessons learnt14 August 2018
This briefing discusses how increased oil prices now affect contracts and offers solutions to some common issues.
VAT reverse charge for construction services from 1 October 20199 August 2018
A VAT “reverse charge” for business-to-business supplies of certain construction services is due to apply from 1 October 2019. How should you prepare?
WFW advises CMBFL on US$180.4m sale and leaseback of 15 dry bulk vessels9 August 2018
We advised CMB Financial Leasing Co., Ltd on a US$180.4m sale and leaseback transaction with Star Bulk Carriers Corp.
WFW advises on US$50m facility to First Ship Lease Trust8 August 2018
The facility is secured on 14 of First Ship Lease Trust’s vessels flagged in either the Bahamas or Singapore.