Nicholas Kaasik is an associate in the Maritime and Transportation Finance Group. He regularly represents banks and other financial institutions as lenders and agents, as well as ship owners as borrowers, in connection with secured financings in the shipping and international trade industries. Nicholas also regularly represents parties in connection with vessel sale and purchase, vessel registration and documentation, shipping joint ventures and other maritime related matters.
Nicholas received a B.A., magna cum laude, from SUNY College at Geneseo and a J.D. from Cornell Law School.
Recent experience includes representing:
- a major ship owner in connection with a $30 million senior secured reducing revolving credit facility with a leading European shipping bank;
- Scorpio Tankers Inc. in connection with a $90 million secured loan facility with DVB Bank SE acting as agent;
- a New York based private equity fund manager as agent in connection with a $70 million loan facility to finance the acquisition of a United States domestic air chartering company and secured in part by sixty-eight United States registered aircraft; and
- a major ship owner in connection with the sale of five MR product tankers.