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Ship Finance (Asia) | An occasional blog on ship finance, with an Asia-based perspective

An occasional blog on ship finance, with an Asia-based perspective

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Ship Finance (Asia) | An occasional blog on ship finance, with an Asia-based perspective | shipfinanceasia.wordpress.com Reviews

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An occasional blog on ship finance, with an Asia-based perspective

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Single ship owning companies not a basis to pierce corporate veil – Indian case | Ship Finance (Asia)

https://shipfinanceasia.wordpress.com/2014/03/19/single-ship-owning-companies-not-a-basis-to-pierce-corporate-veil-indian-case

An occasional blog on ship finance, with an Asia-based perspective. More boilerplate takes a battering. LNG Charters – a bank perspective →. Single ship owning companies not a basis to pierce corporate veil – Indian case. March 19, 2014. My good friend Shardul Thacker at Mulla and Mulla and Craigie Blunt and Caroe in India reports ( http:/ bit.ly/1fGc1Pu. The argument made by the claimant is one we have seen before, that “ownership” should be more widely construed. The holding company own...8211; To pier...

2

Beijing Jianlong Heavy Industry Group v Golden Ocean | Ship Finance (Asia)

https://shipfinanceasia.wordpress.com/2013/05/27/beijing-jianlong-heavy-industry-group-v-golden-ocean

An occasional blog on ship finance, with an Asia-based perspective. Setback in UK for the mortgagee “expedited sale” →. Beijing Jianlong Heavy Industry Group v Golden Ocean. May 27, 2013. The commercial court in London has heard an interesting dispute over charter guarantees issued by Beijing Jianlong Heavy Industry Group, a PRC company, guaranteeing time charters entered into by its subsidiary Hong Xiang Shipping Holding (Hong Kong) Limited. The more worldly and cynical in shipping will doubtless dismis...

3

November | 2013 | Ship Finance (Asia)

https://shipfinanceasia.wordpress.com/2013/11

An occasional blog on ship finance, with an Asia-based perspective. Monthly Archives: November 2013. Contracts, good faith and honesty…bah, humbug? November 25, 2013. A case decided in the last year which I think is worth mentioning, (again, I touched upon it in my update to “The dangers of taking it personally”): In Yam Seng Pte Ltd v International Trade Corporation Ltd (see: http:/ www.bailii.org/ew/cases/EWHC/QB/2013/111.html. Hellip; Continue reading →. Champerty – a sign of life? November 20, 2013.

4

More boilerplate takes a battering | Ship Finance (Asia)

https://shipfinanceasia.wordpress.com/2014/03/13/more-boilerplate-takes-a-battering

An occasional blog on ship finance, with an Asia-based perspective. Contracts, good faith and honesty…bah, humbug? Single ship owning companies not a basis to pierce corporate veil – Indian case →. More boilerplate takes a battering. March 13, 2014. It may only be an impression, but it seems to me that the courts are having something of a go at lender-friendly boilerplate. Well: http:/ www.bailii.org/ew/cases/EWHC/QB/2014/366.html. Virulite LLC vs Virulite Distribution Limited: this involved a distributi...

5

Material Adverse Change | Ship Finance (Asia)

https://shipfinanceasia.wordpress.com/2013/05/16/material-adverse-change

An occasional blog on ship finance, with an Asia-based perspective. Senior vs Junior. Senior wins…. Beijing Jianlong Heavy Industry Group v Golden Ocean →. May 16, 2013. It is common in ship finance (and other) loan agreements to see a clause that provides for an event of default if a “material adverse change” affects the Borrower – commonly referred to as a “MAC” clause. Decided cases under English or US law on how to interpret these clauses are decidedly think on the ground so the recent decision in:.

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Ship Finance (Asia) | An occasional blog on ship finance, with an Asia-based perspective

An occasional blog on ship finance, with an Asia-based perspective. Single ship owning companies not a basis to pierce corporate veil – Indian case. March 19, 2014. My good friend Shardul Thacker at Mulla and Mulla and Craigie Blunt and Caroe in India reports ( http:/ bit.ly/1fGc1Pu. The point is that a ship can be arrested in the common law world for maritime claims against its sister ship(s), but that a sister ship is a ship in the same “ownership” as that first ship. Which means I think that calling t...

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