Does it Float? Floating Liens, Maritime Law, and Cross-Border Insolvency Issues to Watch Out for When Doing Business With the Texas Shipping Industry

Former Gardere bankruptcy attorney Nicole L. Hay presented a CLE webcast titled “Does it Float? Floating Liens, Maritime Law, and Cross-Border Insolvency Issues to Watch Out for When Doing Business With the Texas Shipping Industry” for Lawline on July 24.

As business continues to become increasingly global, companies are finding themselves confronted not only with foreign law and enforcement concerns, but also with maritime issues and some gray area in between. These issues are critical to Texas businesses in particular; recent reports from the Texas Department of Transportation show that Texas ports generate $368.7 billion in economic activity in the state annually. Companies that do business from Texas to overseas, or are thinking of emerging from Texas into this international market need to be aware of particular transportation issues that arise from dealings with freight forwarders, freight carriers, brokers, customs and cross-border insolvency. In this presentation, Hay educates those operating or owning Texas businesses on current legal determinations in this area, the uncertainties that persist and best practices to manage risk.

More information, as well as registration options, can be accessed here.