Cadwalader, Wickersham & Taft LLP is known for its expertise in distressed shipping-related restructurings. Based in New York, the team is also experienced in advising on finance deals, as well as corporate transactions such as M&A, joint ventures and securities offerings. The group’s representative experience includes acting for Evercore, as financial advisor, in relation to Global Ship Lease’s combination with Poseidon Containers Holdings, which created a containership charter owner that focuses on mid-sized and smaller vessels; and routinely advising Safe Bulkers on a range of governance and transactional issues (including securities exchange listing standards). Co-chair of the firm’s corporate group, Richard Brand, is an adviser to public companies, hedge funds, private equity firms and investment banks. His experience covers M&A, defense-side takeovers, shareholder activism, general corporate advisory issues, and securities offerings.
Key clients
- Sphinx Investment Corp.
- Safe Bulkers, Inc.
Work highlights
- Represented Sphinx Investment Corp. in its unsolicited tender offer to purchase all of the issued and outstanding shares of Performance Shipping Inc’s common stock.
- Represented Sphinx Investment Corp. in its investment in OceanPal, a global provider of shipping transportation services.
- Advising Safe Bulkers, Inc. on a broad range of governance and transactional mandates, including with respect to securities exchange listing standards and reporting requirements.
Practice head
The lawyer(s) leading their teams.
Richard Brand