Surviving a Distressed Shipping Market: Loan Restructuring Strategies

April 21, 2009

Panel Speakers

Lawrence Rutkowski – Seward & Kissel LLP
Thomas Roberts – Compass Maritime Services, LLC
Basil Karatzas – Compass Maritime Services, LLC
Robert DiMarsico – Poseidon Capital Corp.
Randee Day – Seabury Group Investment Banking & Advisory Services
Bruce Paulsen – Seward & Kissel LLP
Philip Roche – Norton Rose LLP
Peter Mellett – BankServe Insurance Services Ltd.
Deepak Matta – Ship Management Services Inc.
John Arthur – Ship Management Services Inc.
John Ashmead – Seward & Kissel LLP

Seminar Agenda

  • Introduction – Larry Rutkowski
  • Vessels Today: Prices & Valuations, a Challenging Market – Basil Karatzas
  • Surviving a Distressed Shipping Market: Loan Restructuring Strategies – Larry Rutkowski
  • Problem Shipping Credits – Bob DiMarsico
  • Unleashing the Warrior Within – Surviving a Distressed Shipping Market – Randee Day
  • Q & A
  • Ship Arrests in the U.S. – Bruce Paulsen
  • Problem Shipping Loans and Mortgage Enforcement – the view from England – Philip Roche
  • Problem Shipping Loans Insurance Issues – Peter Mellett
  • Costs and Technical and Crew Issues Related to Ship Arrests – John Arthur and Deepak Matta
  • Q & A
  • Shipping Bankruptcy Issue – John Ashmead