The Murky Waters of Shipping Insolvencies: Issues to Consider for Texas Businesses that Purchase Goods From Overseas

29 September 2017 Publication
Authors: Thomas Charles Scannell

Texas Lawyer

Gardere attorney Thomas C. Scannell and former attorney Nicole L. Hay, associates of the firm’s financial restructuring and reorganization practice group, co-authored an article for Texas Lawyer on shipping insolvencies and the issues to consider for Texas businesses that purchase goods from overseas.

“Now is an uncertain time for Texas companies that do business with the shipping industry as trade deals are renegotiated, and the shipping industry continues to rank in the top of most lists for industries likely to face insolvency,” write Scannell and Hay. “In light of this likelihood, Texas businesses and their attorneys should be aware of legal and practical issues that may arise in the event of a shipping insolvency. Two particularly murky areas that have been illuminated by recent case law are maritime liens and reclamation rights.”

Subscribers can read the full article here.

Related Services


Review of Recent Whistleblower Developments
30 July 2021
Legal News: Whistleblower Developments
$4.24M Now the Average Cost Per Data Breach!
30 July 2021
Internet, IT & e-Discovery Blog
Podcast Episode 56: All Things Summer Associate Recruiting
30 July 2021
Foley Career Perspectives
Foley Podcast to Live Panel Discussion
29 July 2021
Foley Career Perspectives
30th Annual Law of Product Distribution & Franchise Seminar
29 September | 7 & 20 October 2021
Milwaukee | Chicago | Dallas
7th National Telehealth Summit
4-5 October 2021
Miami Beach, FL
AHLA Fraud & Compliance Forum
21-22 September 2021
Baltimore, MD
2nd Clinical Trial Agreements Forum
16-17 September 2021
Online Livestream