Direct Action Claims in Norway – Norwegian Courts Maintain Legal Venue for Claims against Owners that are Joined in Legal Action against Norwegian P&I Clubs
Simonsen Vogt Wiig AS, February 2021
The ongoing court action, often referred to as the «Stolt Commitment Case», was commenced in the aftermath of a collision between MV «Thorco Cloud» and MV «Stolt Commitment» outside Singapore in 2015. MV «Stolt Commitment» was owned by a Dutch company, and was flying Cayman Island flag...
Enforcement of Security Interests and Repossession of Aircraft in Scandinavia – A Brief Practical Note
Simonsen Vogt Wiig AS, March 2020
The aviation industry came to a standstill this month due to the outbreak of the Covid-19 virus, and this has hit the airlines worldwide. With the majority of the fleet on the tarmac, we could potentially see a number of airlines defaulting on their lease agreements and loan facilities. The question of how to enforce security or repossess an aircraft could sadly turn out to be something the lessors and the lenders would have to look into more closely in the time to come...
Current Challenges With International Recognition and Enforcement of Mortgages on Ships - Is the Solution found in the Aviation Sector?
Simonsen Vogt Wiig AS, October 2017
Having practised both as a shipping lawyer and an aviation lawyer for many years, I do find the experience and practice with the Cape Town Convention and aviation finance transactions to be interesting when experiencing the challenges faced by the shipping industry with respect to recognition and enforcement of mortgages...
Current Challenges With International Recognition and Enforcement of Mortgages on Ships - Is the Solution found in the Aviation Sector?
Posted on November 21, 2017
Practice Group: Aviation - Europe
Please allow me to refer you to the article below on the challenges with international recognition and enforcement of mortgages on ships:
Having practised both as a shipping lawyer and an aviation lawyer for many years, I do find the experience and practice with the Cape Town Convention ...
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