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Articles by Kissel LLP
Due diligence for ship finance transactions in USA | Lexology
Due diligence Demonstrating title or legal ownership How does one demonstrate title to or legal ownership of a vessel registered under the laws of your jurisdiction? Vessels - at least most commercial vessels and, in some instances, pleasure craft - are registered under the laws of the United States with the United States Coast Guard.
Ship mortgages and liens in Liberia | Lexology
Ship mortgages and other liens over vessels Types of ship mortgage What types of ship mortgages exist and what obligations may a ship mortgage secure? Can contingent obligations, including swap obligations, be secured? Are there standardised forms? Liberia follows the American model of ship mortgage that combines the required grant of a mortgage with covenants, representations, warranties, events of default and other provisions. There are no standardised forms.
Ship mortgages and liens in USA | Lexology
Ship mortgages and other liens over vessels Types of ship mortgage What types of ship mortgages exist and what obligations may a ship mortgage secure? Can contingent obligations, including swap obligations, be secured? Are there standardised forms? There is no prescribed form of mortgage in the US. Unlike the English model, there is no statutory short form accompanied by a deed of covenants.
Inaugural Seward & Kissel Form ADV Study Shows Largest Hedge Fund Advisers Taking a Long-Term Perspective
In a new study of the nation’s largest SEC-registered hedge fund advisers, data reveals that advisers are taking a conservative, long-term approach to their business decisions, regardless of asset declines experienced by many from 2017 to 2018. The Study confirms the notion that larger advisers are generally much more institutionalized in their approach, and have built their businesses to withstand short-term marketplace cyclicality.
Real Estate Lawyer Rhona Kisch Joins Seward & Kissel as Partner
Seward & Kissel LLP announced today that Rhona Kisch has joined the firm as a partner in the Real Estate Group. In her wide-ranging practice, Kisch advises financial institutions, investors, developers, property owners, and tenants on commercial real estate acquisitions, sales, financings, construction, and leases. Her work spans office buildings, hotels, shopping centers, and multifamily housing, among other property types.
Ship Finance in Liberia | Lexology
Use the Lexology Getting The Deal Through tool to compare the answers in this article with those from other jurisdictions. Due diligence Demonstrating title or legal ownership How does one demonstrate title to or legal ownership of a vessel registered under the laws of your jurisdiction?
Ship Finance in the USA | Lexology
Use the Lexology Getting The Deal Through tool to compare the answers in this article with those from other jurisdictions. Due diligence Demonstrating title or legal ownership How does one demonstrate title to or legal ownership of a vessel registered under the laws of your jurisdiction? Vessels - at least most commercial vessels and, in some instances, pleasure craft - are registered under the laws of the United States with the United States Coast Guard.
Seward & Kissel LLP Promotes Lancelot King to Counsel
Seward & Kissel LLP announced today that Lancelot (Lance) King, a member of the firm’s Investment Management Group in Washington, D.C., has been promoted from associate to counsel. The promotion is effective April 1, 2019. Lance’s practice focuses on a broad range of regulatory, compliance, and transactional matters affecting investment companies and registered investment advisers.
Marine insurance and accidents in the USA | Lexology
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions. What maritime risks must be covered under the law and what is the mandatory level of coverage? The Oil Pollution Act and the Comprehensive Environmental Response, Compensation and Liability Act set out limits of liability and require a vessel “certificate of financial responsibility” for tank and other vessels.
Shipping in the USA | Lexology
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions. Are there any notable trends or recent legal developments in your jurisdiction’s shipping industry?
Ship registration in the USA
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions. Which ships are eligible for registration in the national shipping register(s) and which parties may register ships? As defined in Section 3 of Title 1 of the US Code, the word ‘vessel’ includes “every description of watercraft or other artificial contrivance used, or capable of being used, as a means of transportation on water”.
Carriage of goods by sea in the USA
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions. Is your jurisdiction party to any international conventions on the carriage of goods by sea? If so, does the relevant domestic implementing law contain any notable modifications (eg, extensions to the scope of application)?
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