How does “Alter-Ego” work in a maritime context in the United States? With difficulty, despite suggestions to the contrary! Rule B offers a prejudgment attachment mechanism in maritime cases to obtain jurisdiction over an absent defendant, and to obtain security … Continue reading
Does the bank interfere with a charter party by foreclosing its mortgage on a vessel? A ship mortgage is contract between a bank and vessel owner for a loan on the vessel, and a charter party is a contract between … Continue reading
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The conference was themed “Shipping and Chartering in Challenging Times,” with the opening session being chaired by Neil Klein of McKasson & Klein LLP from California. Neil’s session was titled “restructuring and insolvency trend in the shipping sector – legal … Continue reading