The marine team advises owners, banks, financial institutions, brokers, designers, and other professionals on the financing of newly-delivered, under construction and previously owned yachts and commercial vessels.
We offer expertise in dealing with complex issues in marine finance, including those relating to offshore ownership structures and leasing schemes designed for tax mitigation.
We routinely act for established and challenger banks seeking to enforce marine loans, including arrest and judicial sale, through to shortfall recoveries. We also act for marinas throughout the UK in the recovery of unpaid dues and general commercial litigation.
We advise on all aspects of marine insurance from policy wording to acting for underwriters on coverage and liability disputes and claims generally, including professional negligence claims against marine surveyors.
The team has broad experience in yacht build disputes and contractual disputes arising from the sale and purchase or charter of luxury yachts.
We are members of British Marine, Superyacht UK, RYA, YBDSA and Superyacht Claims Adjusters Association.
To learn more about how Shoosmiths can help you, contact Elliot Bishop for marine disputes or Sarah Fairweather for non-contentious work.