The economic crisis is far from over. But heartening signs have recently begun to appear, including indications of positive growth in some European nations, a healthier stock market in the United States, and heightened interest in new investments by some sovereign wealth funds. These hopeful trends may signal renewed interest in investing in the U.S. maritime industry. When evaluating a potential investment in the industry, the first issue investors usually consider is that of U.S. citizen ownership and control requirements. It is also important, however, to analyze the impact of other U.S. laws on the potential investment. This article reviews some new developments relating to foreign investment, as well as some existing restrictions relating to economic sanctions, that should be on everyone’s radar screen.
Please see full article below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.