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Interpretation of clause 8 of
the Norwegian Saleform. Whether in circumstances where
there is a mortgage over the vessel and where sellers
are unable themselves to discharge that mortgage through
lack of funds, the buyer should pay the balance of
the purchase monies before receiving a certificate
of freedom from encumbrance. |
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Timing of receipt of balance
of purchase price. |
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Issues arising under clause 2
of the Norwegian Saleform. Question of when payment
for vessel deemed received. |
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Gas free status. Effectiveness
of tank cleaning and measurement of sludge remaining
on board. |
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Unwilling seller. |
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Use of injunction to prevent
vessel sailing from port of delivery. |
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| Asset finance and mortgages |
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Acting for owners in reviewing
loan agreements, ship mortgages and other security
documents in respect of single vessels and fleet arrangements. |
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Acting for major banks in preparing
loan agreements, mortgages and other security documents. |
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| Registration and deletion |
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Investigating title of
vessels registered in all of the open registries and
worldwide including Russia, Ukraine, Poland, China
and Japan. |
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Marianne Brookes effected the first parallel registration between Poland and Cyprus |
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