News

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.

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.

A huge congratulations is in order for our Melina Peer on her admission as an Attorney at Law (Rechtsanwältin) to the Austrian Bar!

We are thrilled to announce the latest growth at our law firm with the addition of three exceptional legal minds to our London office.

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.

Our very own Gerold Zeiler has been showcased in Business Today’s legal news for his exceptional expertise in Austrian arbitration.