Luxury yachts, the Caribbean and Morton Fraser
Posted: Wednesday 2 November 2011
As a member of Interlaw, an exclusive international network of independent law firms, Morton Fraser lawyers can receive any number of interesting, and sometimes exotic, enquiries over a month.
The shipping team have recently been involved in various cross jurisdictional deals involving worldwide shipping registries with the assistance of their correspondent Interlaw firms. In acting for a UK Lender in financing a fleet of commercial barges, the team acted with the Cypriot firm in dealing with the Cypriot shipping registry.
The team also acted for a major high street lender in taking and registering security documents over a vessel registered in the Cook Islands to secure obligations under marine loan facilities granted to a St Vincent and Grenadines company.
Similarly they acted in a multi million pound deal, where finance was provided to a Company registered in England which owned a luxury yacht registered with the St Vincent and Grenadines Shipping Registry.
But it’s not all exciting travel and international food for the Morton Fraser team. Clients experience this first-class international service directly from Morton Fraser’s Interlaw colleagues, who are situated all over the world. Providing local, expert, legal advice efficiently and cost effectively for all the parties involved.
Click here to find out more about our cost effective Interlaw services or speak to Bruce Wood or Beverley Wood to discuss in more detail.
