| Description |
1 online resource : text file, PDF |
| Series |
Maritime and Transport Law Library |
| Contents |
Cover -- Half Title -- Title -- Copyright -- Dedication -- CONTENTS -- Preface -- Table of cases -- Abbreviations -- OPENING REMARKS -- 1 A Relatively New Debate in the Maritime Field -- 1.1 The Wrong Assumptions -- 1.2 New Developments -- 1.2.1 The Operation of the Shipping Industry Revisited -- 1.2.2 The Idea of the â#x80;#x9C;General Averageâ#x80;#x9D; in Insolvency Proceedings -- 1.2.3 Emphasis on the Rescue of the Debtor -- 1.2.3.1 Pre-Insolvency Proceedings -- 1.2.3.2 Insolvency Proceedings -- 2 Subject, Methodology and Structure of the Present Study |
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2.1 Subject Covered2.2 Methodology -- 2.3 Structure -- 2.4 Terminology -- PART I SYSTEMIC CONFLICT BETWEEN THE RULES OF MARITIME AND INSOLVENCY LAW -- CHAPTER 1 INSOLVENCY MECHANISMS AND THE OPERATION OF SHIPPING COMPANIES: FINANCIAL ASPECTS -- 1 Shipping Dependence on Bank Loans -- 1.1 Evolving Bank Lending Practices -- 1.1.1 Features -- 1.1.1.1 Macro Features of the Industry Seeking for Finance -- (i) Capital Intensity -- (ii) Market Cycles -- 1.1.1.2 Micro Characteristics of Borrowers |
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1.1.1.3 Characteristics of Lenders, With Particular Reference to Syndicated Loans1.1.1.4 Features of the Loan Relationship -- 1.1.2 The Ship as the Main Security -- 1.1.2.1 Securities In Rem Against a Ship -- (i) Ship Mortgage -- (a) Function -- (b) Weaknesses -- (ii) Ownership-Based Collaterals -- (a) Ownership as a Form of Security in Shipping Finance -- (b) Transfer of Ownership as Security for a Debt -- 1 The Statutory Example of the Greek CPML -- 2 Lease-Back -- (c) Lease Finance with Bareboat Charter -- 1.1.2.2 Additional Collaterals |
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(I) Other Forms of Real Security(ii) Collaterals in Personam -- 1.2 Limited Recourse to Other Sources of Funding -- 1.2.1 Raising Equity on Public Markets -- 1.2.2 Risk Management through Freight Derivative Products -- 1.2.2.1 The Economic Importance of Freight Derivatives -- 1.2.2.2 Freight Futures/Forward Contracts -- 1.2.2.3 Freight Options -- 2 The Relationship Between Finance and Insolvency in the Shipping Sector -- 2.1 Finance as the Cause of Insolvency -- 2.1.1 Distortion in the Financing of New Capacity -- 2.1.2 Distortion in the Conditions of Bank Lending |
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2.2 Insolvency Mechanisms at the Service of Finance2.2.1 At the Service of Finance in General -- 2.2.2 At the Service of Ship Finance in Particular -- 2.2.2.1 Preventive Mechanisms -- (i) Creditworthiness Criteria -- (ii) Creditworthiness Control or â#x80;#x9C;Negative Pledgeâ#x80;#x9D; Clauses -- 2.2.2.2 Access to Funding -- (i) Tighter Loan Terms and Securitization -- (ii) Private Placement -- (iii) Assignment of Shipping Loans -- CHAPTER 2 LEGAL INTERACTION BETWEEN INSOLVENCY AND MARITIME LAW -- 1 The Progressive Internationalization of Insolvency Law |
| Summary |
"Maritime Cross-Border Insolvency is a comprehensive comparative examination of both insolvency regimes (UNCITRAL and EU) in shipping with reference to the main jurisdictions having adopted the UNCITRAL regime, i.e. USA, UK, Greece."--Provided by publisher |
| Subject |
United Nations Commission on International Trade Law.
|
| SUBJECT |
United Nations Commission on International Trade Law fast |
| Subject |
Conflict of laws -- Bankruptcy -- European Union countries
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Conflict of laws -- Security -- European Union countries
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Conflict of laws -- Maritime law -- European Union countries
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Conflict of laws -- Foreign trade regulation -- European Union countries
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LAW -- Administrative Law & Regulatory Practice.
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Conflict of laws -- Bankruptcy
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Conflict of laws -- Foreign trade regulation
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Conflict of laws -- Maritime law
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Conflict of laws -- Security
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European Union countries
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| Form |
Electronic book
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| ISBN |
9781315182254 |
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1315182254 |
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