A Primer on Leasing Transactions in the International Maritime Sector Out of Stock
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By Basil M. Karatzas
Fall 2009
The Merchant Marine Act of 1920 (Jones Act) has long governed leasing in the maritime industry in the United States. However, as this article describes, international markets - "blue-water" shipping - have certain distinct differences regarding asset differentiation and residual value, sources of capital, legal environment and taxation.
Fall 2009
The Merchant Marine Act of 1920 (Jones Act) has long governed leasing in the maritime industry in the United States. However, as this article describes, international markets - "blue-water" shipping - have certain distinct differences regarding asset differentiation and residual value, sources of capital, legal environment and taxation.
<span style=\"font-weight: bold;\">By Basil M. Karatzas</span><br style=\"font-weight: bold;\" /><span style=\"font-weight: bold;\">Fall 2009</span><br /><br />The Merchant Marine Act of 1920 (Jones Act) has long governed leasing in the maritime industry
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