Mainbrace: March 2015 No. 2

In this issue:

- A Note from the Editor

- Congress and Administration Take Cautious Approach to Crude Exports as Oil Prices Fall

- Meet Blank Rome—Fairfield Sentry: Comity, Seller’s Remorse, and Chapter 15

- Summary of Recent Bankruptcy Cases

- Insurance Issues in Offshore Marine Construction

- The 114th Congress Begins with a Whimper

- Are All FFAs Maritime Contract as a Matter of Law

- Navigating Scylla and Charybdis: Greece’s New Leftist Government and the Shipping Industry

- Maximizing the Benefits of the Voyage Data Recorder: Not Just Accident Analysis

- Coast Guard Guidance on Maritime Cybersecurity Standards

- An excerpt from: Congress and Administration Take Cautious Approach to Crude Exports as Oil Prices Fall.

Two months into the 114th Congress, only tentative initial steps toward easing the U.S. crude export ban have been undertaken. The cautious approach being taken by key congressional decision-makers signals that, despite the change of control in the Senate, the process of realigning U.S. energy policy will need to be a gradual and strategic one, especially given the recent rollercoaster economics of global oil markets. The maritime and trading sectors will have to continue to watch and wait for the sort of major changes that would allow substantial volumes of light crude and condensate to move from U.S. ports.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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