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Global law firm Norton Rose Fulbright has advised BNP Paribas, Cassa Depositi e Prestiti, a syndicate of lenders and SACE on the partial financing of four new cruise vessels for Viking Ocean Cruises.
There has been an increased appreciation of the value of the shipping industry to the global economy during the COVID-19 pandemic but has this increased the industry’s appeal to the IPO market?
The lasting legacy of the COVID-19 pandemic is yet to be fully understood by the aviation industry but there are certain assumptions that can be made.
In the fourth video in the series, Alan Bainbridge and Simon Lew discuss some of the specific issues that arise when trading impaired and non-performing shipping loan portfolios.
The COVID-19 pandemic has resulted in court access in many jurisdictions being severely curtailed. Certain jurisdictions are permitting urgent matters to proceed, often by way of telephone or videoconference.
On June 22, President Trump issued the Proclamation Suspending Entry of Aliens Who Present a Risk to the U.S. Labor Market Following the Coronavirus Outbreak that suspends the entry of foreign nationals with certain employment-based non-immigrant visas into the United States.
On June 8, 2020, the Order in Council applicable to foreign nationals entering Canada from any country other than the United States and the Order in Council applicable to foreign nationals entering Canada from the United States (the Orders), came into effect at 11:59 EDT.
The below Q&A addresses the state aid implications of heightened State intervention as a result of COVID-19 – in particular, as it applies to the aviation industry in the EU. In short, the immediate response from the European Commission (the Commission) should give companies some comfort that emergency assistance offered by EU Member States can be designed in compliance with state aid law.
On March 11, 2020, the World Health Organization (WHO) declared the outbreak of COVID-19 (coronavirus) to be a pandemic.
Industry:
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