Yacht and vessel arrest
Our law firm, specialized in maritime business law as well as in yacht and vessel arrest, intervenes in order to secure the debts resulting from the operation of a ship.
Are you faced with a third party holder of a pleasure boat, a yacht or any other maritime vessel, who refuses to pay his debts? You would like to issue a summons to pay and force him to pay you the remuneration due to you? The help of a lawyer experienced in yacht and vessel arrest may interest you.
Within our firm, we take action as soon as possible on all seaboards to immobilize a vessel in order to guarantee recovery of a maritime claim. The seizure of ships is a complex legal procedure that requires great reactivity and vigor.
Our law firm has more than twenty years of experience in ship arrest and seizure proceedings. Over the years, we have assisted a large number of professionals and private individuals in their collection quests and organized numerous seizure procedures for them. We have a network of correspondents in all the countries with a maritime frontage in order to apprehend the seizure of a ship abroad.
- Ship Arrest
- Release of Ship Arrest
- Auction of Vessels
- Executory Ship Arrest
- Judicial Sale of Ships
- Maritime Mortgage and Lien
Areas of Intervention
Ship arrest is sometimes the only way to ensure recovery of a maritime debt held against a foreign debtor whose only asset subject to seizure is the ship.
We intervene as a lawyer for yacht and vessel arrest, both on the basis of the Brussels Convention of 10 May 1952 and the Transport Code in order to proceed with a ship arrest to guarantee the payment of a maritime claim.
Our firm also pursues claims to obtain court orders for the sale of a vessel. This procedure leads to the auction of the vessel in order to satisfy creditors having claims on the ship being arrested.
We intervene in the interests of shipowners whose vessel has been arrested in order to contest the seizure. We also conduct negotiations with the seizing creditor in view of procuring a release of the arrested ship. In this regard, we advise shipowners on the guarantees that can substitute for a ship arrest (bank guarantee, escrow agreement).
Our firm can represent you for ship auctions within the jurisdiction of the Courts of Law.
We organize the procedure in order to assure the public auction of ships and pleasure vessels placed in the care of maritime professionals to be repaired, maintained, stored or safeguarded.
We also intervene in the interests of yacht harbours in the context of forfeiture of property rights for abandoned vessels.
We have expertise in implementing maritime mortgages and maritime liens. We ensure that the mortgage holder or the preferred creditor is able to exercise his resale right and his preferential right. This action allows recovery of the debt resulting from the registration of a maritime mortgage or one of the maritime liens resulting from Article L.5114-8 of the Transport Code or international conventions.