Jody Wood on the Judicial Sale of Ships
The Beijing Convention provides a framework for the rights and obligations of stakeholders following judicial sale of ships, whether that be by judicial auction or by way of private treaty. The framework increases protection for prospective purchasers of those ships, usually being sold in the context of enforcement of maritime claim proceedings. The clearly stated aim of the Convention is to realise better value for ships sold in distressed circumstances, on the basis that higher prices benefit debtors and creditors alike.
In this update, we take a look at the main provisions of the Beijing Convention and what they mean for stakeholders in judicial sales of vessels.
Read the full article here.
The Globe Danae | ZFZ Postcard Cases
Pursuant to a charterparty dated 9 June 2021 on an amended NYPE form (the “Charterparty”), Langlois Enterprises Ltd (“Owners”) agreed to let, and Smart Gain Shipping Co Ltd (“Charterers”) agreed to hire, the MV Globe Danae (“Vessel”) for a time charter trip of about 40 to 50 days via the east coast of India to Brazil.
Congratulations to Rechtsanwältin Melina Peer for her admission to the Austrian Bar and promotion to Senior Associate!
A huge congratulations is in order for our Melina Peer on her admission as an Attorney at Law (Rechtsanwältin) to the Austrian Bar!
Expanding Our Team: Welcoming Three Legal Talents to Our London Office!
We are thrilled to announce the latest growth at our law firm with the addition of three exceptional legal minds to our London office.
MANZ Word plug-in project led by Andreas Tinhofer
Our partner Andreas Tinhofer is leading a team of eight employment law experts who are working on a project with MANZ’sche Verlags- und Universitätsbuchhandlung GmbH legal publisher in Austria.
Gerold Zeiler featured in Business Today’s Top 10 Leaders in the Austrian Arbitration Scene
Our very own Gerold Zeiler has been showcased in Business Today’s legal news for his exceptional expertise in Austrian arbitration.