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High Court of England and Wales in Kyla Shipping Co Ltd & Anr v Freight Trading Ltd and others clarified law on litigation privilege and waiver of privilege. Interim decision in alleged mispricing claim. Application filed challenging Claimants’ claim of litigation privilege.
Watson Farley & Williams (“WFW”) has advised MPC Capital (“MPC”), together with partners, on an order for the construction of four state-of-the-art container vessels at South Korean shipyard Hanjin Heavy Industries and Construction Group, now known as HJ Shipbuilding and Construction (“HJSC”). The 5,500 TEU vessels will have a new eco-friendly design allowing for a ...
Watson Farley & Williams (“WFW”) has advised Nordea Bank (“Nordea”) as agent and a syndicate of banks and funds as lenders, under export credit-supported finance for units built in China, to Prosafe SE (“Prosafe”) in relation to the comprehensive restructuring of c. US$1.5bn of its debt, including equitisation of c. US$1.1bn of debt. Completion of ...