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Conversion from arrest into attachment under an interim court order for payment

On 11th March 2014 the Tribunal of Genoa had to decide whether an interim order for payment issued by a judge in the course of proceedings is sufficient to convert the conservative arrest of a yacht into attachment with following enforced sale. The Tribunal, acknowledging that this is an unsettled issue with conflicting arguments, decided to stay the enforcement procedure.

SANCTIONS DESK

Through this Sanctions Desk and thanks to our extensive expertise in shipping, we aim to assist our Clients in complying with the new regulations by providing regular updates and legal analysis on sanctions impacting the shipping industry. Our team is also available to advise maritime operators on the drafting of relevant clauses and to represent them in any disputes regarding sanctions.

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