Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 17-03-2011 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Financing for acquisition of Capital Intermodal containers | Industry: | Industrial Transportation |
| Description: |
The Singapore office of Watson, Farley & Williams LLP advised a Marshall Islands incorporated company managed by DVB Investment Management N.V. in relation to the acquisition of a sizable portfolio of marine containers from Capital Intermodal Limited group and Xines Limited and the leveraging of such acquisition, which was funded by ING Bank N.V. This complicated cross border marine containers acquisition and financing transaction, which involved containers managed by different managers with different leasing and account receivables arrangements, was completed in 6 weeks.
The WFW team was led by partner Madeline Leong who was assisted by Lee Chien Herr and Stephen Clark. The seller was advised by MMC Finance GmbH.
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| Financial Center: | Singapore | Value: | 0.00-0.00 |
| Advised Party: | Lessee/Borrower | Law Firm | Watson Farley & Williams |
| Leased Asset Jurisdiction | Singapore | Lessee Jurisdiction | Singapore |
| Classification: |
Asset Finance and Leasing Shipping |
Lawyer | Madeline Leong |
