Vedder Price is pleased to announce it has been recognized by Marine Money in connection with its 2023 Ship Finance Deal of the Year Awards.
The firm received “Securitization Deal of the Year” honors for its work as lead counsel to Maritime Partners, LLC, a private maritime leasing and finance company primarily focusing on vessels operating under the Jones Act, in connection with a term securitization transaction involving the Rule 144A issuance of $235.3 million of vessel notes secured by a portfolio of 316 United States-flagged, coastwise (Jones Act) qualified inland barges and towboats.
“We are very honored to receive this recognition and are thankful to the editors at Marine Money for finding this transaction and our work on it worthy of this very prestigious award,” said Vedder Price Global Transportation Finance Shareholder John F. Imhof Jr.Lead Vedder Price Shareholder Clay Thomas added:“It was an honor to collaborate with our Maritime Partners colleagues on this deal, and we are thrilled to receive this recognition from our industry peers.”
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