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MAINBRACE: JUNE 2016 (No. 3)

Mainbrace

To read the full text of the articles in the June 2016 edition of Mainbrace, please download the PDF.

ARTICLES

A Note from the Editor
by Thomas H. Belknap, Jr.
 
Thank you. Everyone appreciates acknowledgement for hard work and a job well done. It’s human nature. An occasional pat on the back makes us feel good about what we are doing, and it makes us strive harder to earn the recognition we receive. (Read more)
 
What You Need to Do Now to Prepare for the New SOLAS Verified Gross Mass Deadline
by Jonathan K. Waldron, Patricia M. O'Neill, and Dana S. Merkel
 
As the July 1, 2016, effective date for the SOLAS Regulation VI/2 amendments quickly approaches, unanswered questions and difficulties complying with varied international and domestic implementations loom large. (Read more)
 
The Right to Countersecurity from a Debtor in Bankruptcy
by Thomas H. Belknap, Jr. and Michael B. Schaedle
 
United States maritime law offers a maritime plaintiff two principal means of obtaining security for its claims: Rule B attachment in respect of maritime claims, and Rule C arrest in respect of maritime liens. These rules are superficially similar, but each has different criteria and serves a different purpose. (Read more)
 
U.S. Export Controls Pose Risks for Offshore Energy Companies’ Return in Iran
by Matthew J. Thomas
 
In March, Blank Rome co-hosted a breakfast seminar in Dubai with Fichte & Co Legal Consultancy to discuss with local shipping and energy professionals the real risks and opportunities presented by the rollback of international sanctions on Iran. We were awed by the warm reception we received, the huge turnout (well over 250 clients and friends), and by the insightful questions and contributions of those who joined us. (Read more)
 
Meet Blank Rome’s Government Contracts Practice
by David M. Nadler and Brian S. Gocial
 
Regular readers of Mainbrace know that Blank Rome LLP has the largest and most comprehensive maritime legal practice in the United States, providing unparalleled knowledge and counsel to our maritime industry clients. With the recent addition of more than 100 attorneys from Dickstein Shapiro LLP’s New York and Washington, D.C., offices, Blank Rome now offers our maritime clients a nationally recognized, full-service government contracts practice. (Read more)
 
DOJ Announces FCPA Pilot Program in an Effort to Incentivize Companies to Self-Report Misconduct
by Shawn M. Wright, Carlos F. Ortiz, Steven J. Roman, Ariel S. Glasner, and Mayling C. Blanco
 
On April 5, 2016, the chief of the Fraud Section for the U.S. Department of Justice’s (“DOJ”) Criminal Division issued a memorandum related to the DOJ’s prosecution of violations of the Foreign Corrupt Practices Act (“FCPA”). (Read more)
 
New China-Liberia Maritime Bilateral: Savings on Port Fees Just One Element of Broader Trade Cooperation
by Matthew J. Thomas
 
In a November 2015 state visit in Beijing, the leaders of the People’s Republic of China and the Republic of Liberia signed a historic bilateral maritime agreement offering significant benefits to Liberian shipowners. Headlines on the bilateral highlighted the immediate economic impact of the agreement. (Read more)
 
Top Ten Bid Protest Considerations for the Maritime Industry
by David M. Nadler
 
It is no secret that federal procurement spending has dropped considerably in recent years. With fewer dollars being spent and fewer procurements, government contractors in the maritime industry are increasingly turning to the bid protest process for a second chance to compete for, and hopefully win, new contracts, and preserve their incumbent contracts. (Read more)
 
NOTEWORTHY NEWS

Blank Rome Wins Lloyd’s List 2016 Maritime Legal Services Award
 
Blank Rome was recognized as the winner of the Lloyd’s List 2016 North American Maritime Award for “Maritime Services – Legal,” which is awarded “for exceptional achievement or contribution to any service sector of the North American maritime industry by a company, individual or organisation.” (Read more)
 
Chambers USA 2016 Honors Blank Rome Maritime Attorneys and Practices
 
Blank Rome is pleased to announce that its practice groups and attorneys have again been ranked by Chambers USA. The 2016 edition of Chambers USA recognized Blank Rome in a number of categories, and also ranked 73 Blank Rome attorneys as “leaders in their fields." (Read more)
 
Chambers Global 2016 Ranks Blank Rome Attorneys and Shipping Litigation Practice
 
Chambers Global 2016 recognized Blank Rome LLP as a global leader in Shipping: Litigation, as well as Partners Anthony B. Haller and John D. Kimball for their industry knowledge and leading practices. (Read more)
 
Former U.S. Energy Secretary & DOE Chief of Staff Join Blank Rome Government Relations
 
Blank Rome Government Relations LLC (“BRGR”) is pleased to announce that the Honorable Spencer Abraham, former U.S. Secretary of Energy and former U.S. Senator from Michigan, and Joseph P. McMonigle, former Vice-Chairman of the International Energy Agency and former Chief of Staff at the U.S. Department of Energy, have joined Blank Rome Government Relations as Principals in the Washington, D.C., office. (Read more)
 
Risk Management Tools for Maritime Companies
 
Blank Rome’s maritime and international trade practice group has developed a Compliance Review Program, Maritime Cybersecurity Review Program, and Trade Sanctions and Export Compliance Review Program to help clients mitigate their escalating risks in the maritime regulatory environment; protect their property and reputation from the unprecedented cybersecurity challenges present in today’s global digital economy; and ensure that companies in the maritime, transportation, offshore, and commodities fields do not fall afoul of U.S. trade law requirements. (Read More)
 

© 2016 Blank Rome LLP. All rights reserved. Please contact Blank Rome for permission to reprint. Notice: The purpose of this update is to identify select developments that may be of interest to readers. The information contained herein is abridged and summarized from various sources, the accuracy and completeness of which cannot be assured. This update should not be construed as legal advice or opinion, and is not a substitute for the advice of counsel.