Insolvency Law In The Spotlight: The UK Response To The Financial Impact Of Covid-19

Across the world, businesses and governments are grappling with the financial impact caused by COVID-19. One response has been the provision of financial support to businesses by government. Another focus has been insolvency law, with various initiatives being proposed to enable businesses to avoid insolvency proceedings due to what is hoped to be a temporary …

Insolvency Law In The Spotlight: The UK Response To The Financial Impact Of Covid-19 Read More »

“Restore Liquidity” Decree: Main Measures And Relevant Application In The Italian Shipping Sector

Law-Decree no. 23/2020 (the so called “Restore Liquidity” Decree), which entered into force and was published in the Italian Official Gazette on 9 April 2020, sets forth urgent measures concerning access to credit and fiscal duties for companies; special powers for the government in strategic sectors; and measures concerning health, employment and an extension of …

“Restore Liquidity” Decree: Main Measures And Relevant Application In The Italian Shipping Sector Read More »

HFW Assists Abu Dhabi Ports On Ship Purchase With Remote Closing By Video Conference

Global, sector-focused law firm assisted Abu Dhabi Ports on its purchase of bulk carrier Mv NIKI. HFW also provided completion services to all parties on the transaction, which was closed remotely via video conference due to Covid-19. Participants logged in from 11 different locations in Greece and Abu Dhabi, and all documents were signed electronically, …

HFW Assists Abu Dhabi Ports On Ship Purchase With Remote Closing By Video Conference Read More »

Pandemic masks true picture of sulphur 2020 compliance

It will be difficult to ascertain a full picture of how well the international shipping industry is complying with the new sulphur 2020 environmental legislation and judge the effectiveness of enforcement measures until sometime after the Covid-19 pandemic has receded, says maritime law specialist Hill Dickinson. Introduced on January 1st this year, the implementation of …

Pandemic masks true picture of sulphur 2020 compliance Read More »

Sanctions In The Time Of Covid-19: Ongoing Risks For The Shipping Community

In March 2020, the US State and Treasury Departments announced sanctions against various Chinese companies for trading in Iranian petrochemicals. Among the targets were ship management company Aoxing Ship Management Shanghai Ltd and shipowner Sea Charming Shipping Company Limited. News reports claim that both companies are owned by Chinese chemical tanker company Junzheng Shipping, which …

Sanctions In The Time Of Covid-19: Ongoing Risks For The Shipping Community Read More »

Suspension Of Wrongful Trading In Light Of Covid-19

DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS As the UK’s economy continues to experience shocks, and companies of all sizes face increasingly intense financial pressure as a result of the coronavirus pandemic, the Department for Business, Energy and Industrial Strategy has announced plans to suspend provisions relating to wrongful trading …

Suspension Of Wrongful Trading In Light Of Covid-19 Read More »

Charterparty ‘chain reaction’: The recent U.S. Supreme Court decision in the ‘Athos I’ case

The case also illustrates the high costs of pollution cases in the United States and the commensurate lengthy litigation that can ensue. Our US lawyer and pollution expert, Frank Gonynor, discusses the specifics of the ‘Athos I’ decision and, since most charter parties incorporate English law, we asked Adrian Moylan, an English Solicitor, to comment …

Charterparty ‘chain reaction’: The recent U.S. Supreme Court decision in the ‘Athos I’ case Read More »

Scroll to Top