PRESS RELEASE
16 May 2019

GANADO Advocates Assists EnTrust Global In Securing Deal For Two Container Ships

GA
Ganado Advocates

Contributor

Ganado Advocates is a leading commercial law firm with a particular focus on the corporate, financial services and maritime/aviation sectors, predominantly servicing international clients doing business through Malta. The firm also promotes other areas such as tax, pensions, intellectual property, employment and litigation.
Jan Rossi and Ilias Theocharis, Associates within the firm’s Shipping team, recently assisted alternative investment managers, EnTrust Global, in a $150 million sale-and-leaseback deal for the 13,100-teu containerships HYUNDAI RESPECT and HYUNDAI HONOUR w
Malta

Jan Rossi and Ilias Theocharis, Associates within the firm's Shipping team, recently assisted alternative investment managers, EnTrust Global, in a $150 million sale-and-leaseback deal for the 13,100-teu containerships HYUNDAI RESPECT and HYUNDAI HONOUR with US listed Danaos Corp.

Under the terms of the re-financing provided by En Trust, Danaos will continue to operate the 2012 built vessels which are presently chartered to Hyundai Merchant Marine.

The flexibility and advantages offered by Maltese law to both lessors and lessees in sale and leaseback transactions are placing Malta as the jurisdiction of choice in the area.

PRESS RELEASE
16 May 2019

GANADO Advocates Assists EnTrust Global In Securing Deal For Two Container Ships

Malta

Contributor

Ganado Advocates is a leading commercial law firm with a particular focus on the corporate, financial services and maritime/aviation sectors, predominantly servicing international clients doing business through Malta. The firm also promotes other areas such as tax, pensions, intellectual property, employment and litigation.

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