Purchase of «Atlantic Island» vessel
The client has addressed us for full legal support of deal of sale and purchase of vessel from the German shipowner. The shipowner has presented for evaluation a draft of Memorandum of agreement for sale of vessel and vessel’s documents.
Our services in the case
Full legal evaluation of Memorandum of agreement has been performed. Participation in negotiation has been arranged on the side of the buyer with the seller and bank, the owner of a mortgage. Drafts of letters of guarantee have been created for confirmation of parties’ obligations, including the owner of a mortgage. The client has been informed about order of registration of vessels in Russian International Maritime Registry.