International Maritime Workouts, Business Workouts Manual (2nd ed.)
The majority of shipping loans are secured by vessels that operate internationally. In developing a workout strategy involving vessels engaged in “blue water” trades, the laws of a number of nations as well as international conventions may be relevant. An analysis not only of the lender's security but also of the relevant laws of nations where vessels are scheduled to call is an important first step in a maritime workout.
"International Maritime Workouts," a chapter contained in the book Business Workouts Manual (2 ed.), and co-authored by Holland & Knight partners Jovi Tenev and Lennard Rambusch, discusses legal issues related to international maritime workouts, including checklists, strategies and detailed information.