The following session took place during Cross-Border Insolvency Program in November 2017. The recent insolvencies commenced by multiple shippers and oil and gas companies have raised several issues concerning the interplay of admiralty and insolvency law, especially in light of declining commodity prices and many shippers having either pulled their vessels out of service and/or decommissioned them. These issues include the adjudication of competing claims to assets that may be located either on the water, onboard the ships, or in containers, as well as the intersection of admiralty and insolvency law applicable to oil and gas insolvencies on the competing claims on the assets owned by these companies. All sessions from this conference can be accessed at https://cle.abi.org/.
Speakers:
Kenneth Coleman, Moderator
Allen & Overy LLP; New York
James L. Bromley
Cleary Gottlieb Steen & Hamilton LLP; New York
Andrew Rosenblatt
Norton Rose Fulbright US LLP, New York, NY
Hon. John K. Sherwood
U.S. Bankruptcy Court (D. N.J.); Newark
Kieran E. Siddall
Norton Rose Fulbright Canada LLP, Vancouver, BC
Al Togut
Togut, Segal & Segal LLP; New York
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