The fall in asset values has caused much concern not only to shipowners but also many lenders. There are those lenders who claim their borrowers are in breach of their covenant to maintain agreed LTVs. There are also many shipowners who are in arrears with mortgage repayments. We are experienced in negotiating with lenders and other creditors in resolving these matters.
WE HELP YOU SOLVE IT
RAVI RAVINDRAN, SOLICITOR. ENGLAND & WALES
NEXLAW MARITIME LEGAL CONSULTANCY