Acquisition of a large fleet of Tugs and Salvage vessels

We have recently assisted a well-known Mediterranean tug operator and its local lawyers acquire an interest in a large Greek fleet of tugs and salvage vessels, which acquisition involved extensive negotiations for the purchase of shares in a string of ‘one ship’ companies and the establishment of a new JV to operate the vessels.  

The relevant contracts and agreements are subject to English law and the transaction value exceeded EUROS 20 million.

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Commercial Lawyers
Arbitration Specialists

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