Author Archives: Site Administrator
Consequences of a DUI/DWI conviction in Virginia
Driving while intoxicated is a misdemeanor or felony offense that has the potential for substantial jail time as well as a license suspension, probation, and…
Survival of the Fittest: Bunkering in a Time of Transition
In a recent article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms analyzes sales terms, particularly retention of title, and explains their importance in assisting recovery efforts against buyers in light of the game-changing collapse of OW Bunker. A reservation of title (ROT) clause is a contractual agreement whereby the seller… Read More »
Reckless Driving is a Serious Charge in Virginia
Virginia has a well-earned reputation for taking reckless driving seriously. In fact, one of the most common class 1 misdemeanor charges in the Northern…
The Ripple Effect – New Regulations Come into Play
A recent article by firm principal J. Stephen Simms can be found in the shipping industry magazine, Bunkerspot. The article highlights the wave of claims over engine damage and failure as vessels switch to ECA compliant fuel. A PDF version of the article can be downloaded here.
Effective Chapter 15 Strategies for Marine Equipment Lessors and Maritime Lien Creditors
A recent article by firm principal J. Stephen Simms highlights strategies for marine equipment lessors and maritime lien creditors. A PDF version of the article can be downloaded here.
The End Game: The Rise and Fall of OW Bunker
A recent article by firm principal J. Stephen Simms can be found in the shipping industry magazine, Bunkerspot. The article highlights the collapse of OW Bunker. A PDF version of the article can be downloaded here.
OW Bunker Series: OW’s U.S. Entities File for Chapter 11
OW Bunker’s three U.S. entities (OW Bunker Holding, OW Bunker USA, and OW Bunker North America) filed for Chapter 11 bankruptcy protection yesterday (November 13) in the United States Bankruptcy Court for the District of Connecticut. The actual petitions can be downloaded here: OW Bunker Holding, OW Bunker USA, OW Bunker North America. The… Read More »
OW Bunker Series: Dealing With the Collapse of OW Bunker
A recent TradeWinds article (available here in PDF format) discusses the race by bunker suppliers to get in front the rapidly evolving bankruptcy of OW Bunker. If you are an actual or potential creditor of OW Bunker or any of its subsidiaries around the globe, contact Steve Simms for assistance.
Cyber Crime in the Shipping Industry – Update
A recent article in the shipping industry newspaper TradeWinds highlights the growing risk of cybercrime in the shipping industry. Firm principal J. Stephen Simms is quoted in the article and provides general advice to prevent becoming a victim of cybercrime. The full article is available on the Tradewinds website (subscription required). A PDF version… Read More »
Watch Your Language: Specificity Over Brevity in Contractual Terms
In a recent case, the United States District Court for the District of Maryland (Judge Blake) interpreted a contract’s choice of law provision as excluding the named jurisdiction’s court-made common law, and applied only that state’s procedural law. The Fourth Circuit Court of Appeals affirmed. The choice of law provision provided that [t]hese Rules… Read More »
