The Singapore office of Watson, Farley & Williams LLP advised a Marshall Islands incorporated company managed by DVB Investment Management N.V. in relation to the acquisition of a sizable portfolio of marine containers from Capital Intermodal Limited group and Xines Limited and the leveraging of such acquisition, which was funded by ING Bank N.V. This complicated cross border marine containers acquisition and financing transaction, which involved containers managed by different managers with different leasing and account receivables arrangements, was completed in 6 weeks.
The WFW team was led by partner Madeline Leong who was assisted by Lee Chien Herr and Stephen Clark. The seller was advised by MMC Finance GmbH.
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