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Margie Krumholz co-authors chapter on leasing commercial vessels

November 18, 2014

Thompson Coburn partner Margie Krumholz is the co-author of a chapter in “Equipment Leasing-Leveraged Leasing (5th Edition),” the authoritative guide to the structuring and documentation of equipment leasing transactions.

The chapter, “Commercial Vessels,” details all laws and requirements related to the lease financing of commercial vessels.

“Vessels are both expensive and mobile,” Margie writes with her co-author Nancy L. Hengen, a New York partner with Holland & Knight. “Vessel finance leases and related documentation are more heavily negotiated and less standardized in format than the documentation respecting the vast majority of other types of personal property often financed through leases.”

The chapter focuses on lease financing of vessels documented under the laws of the United States, but many of the issues discussed also apply to vessels documented under the laws of other countries.

The chapter also covers issues related to:

  • Cross-border leasing

  • Ship mortgages

  • Vessel documentation

  • Maritime liens

  • Insurance issues

Equipment Leasing-Leveraged Leasing (5th Edition)” is published by Practising Law Institute. Its 29 chapters provide comprehensive information on how to comply with the complex laws governing leasing deals.

Margie is the managing partner of Thompson Coburn’s D.C. office. She represents clients in maritime and other equipment financing transactions, including lease and leveraged lease financing, cross-border financing, and Title XI and Ex-Im Bank financing.

Margie regularly counsels clients on maritime regulatory matters, including the Jones Act, citizenship qualification before the U.S. Coast Guard and the U.S. Maritime Administration, the registration of ships in the United States and foreign countries, and the Maritime Administration capital construction fund program.

She also serves as chair of the Marine Financing Committee of the Maritime Law Association of the United States. In 2014, Margie was named the Lawyer of Year for Washington, D.C., for “Admiralty and Maritime Law” by The Best Lawyers in America® (by BL Rankings).