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Watershed Ruling in U.S. Rejects OW Bunker’s Maritime Lien Claims

USA - October 28 2016 In a watershed decision concerning the scope of maritime liens under the U.S. Commercial Instruments and Maritime Lien Act (“CIMLA”), the District…

Jane Sarma

IECA Releases New Master Netting Agreement

United Kingdom, USA - October 10 2016 The IECA has released its Master Netting Agreement, a state-of-the-art solution ensuring credit exposures are managed and netted under a single…

Paul B. Turner, Claude Brown, Craig R. Enochs, Sarah K. Kam, James M. Pappenfus

Troubled Waters: The Raging Storm Over Safe Harbors

USA - August 3 2016 Two United States courts recently issued decisions involving the scope of the Bankruptcy Code's safe-harbor provision in section 546(e) related to…

Paul B. Turner, Craig R. Enochs, Sarah K. Kam, Michael J. Venditto

Commodities contracts and the impact of the OW Bunkers case

United Kingdom - June 2 2016 As we reported in an earlier Client Alert, the UK Supreme Court recently handed down its highly anticipated judgment in the Res Cogitans case. The…

Karen B. Ellison, Siân C. Fellows, Diane Galloway, Sejal Gandhi, Laura Williams

Hudson Energy denied administrative priority for electricity sold pre-bankruptcy

USA - October 2 2015 In a September 18, 2015 order, the U.S. District Court for the Southern District of New York affirmed a bankruptcy court order denying administrative…

Paul B. Turner, Craig R. Enochs, James M. Pappenfus