RK&O represents CarVal Investors in the sale of Capesize Vessels

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October 26, 2017

Richards Kibbe & Orbe LLP represented two CarVal managed companies in connection with their sale of up to 13 “Capesize” dry bulk vessels to GoodBulk Ltd. for a combination of cash and GoodBulk stock.  The RK&O team, consisting of Eric O’Meara, Bill Orbe and Hanchang Sohn, represented CarVal in the outright sale of seven of these vessels and the structuring of a put/call mechanism for the remaining six ships. 

GoodBulk To Buy Up To 13 Capesizes - Shipping Herald, The Maritime Portal

GoodBulk Ltd. Announces Agreement to Acquire up to 13 Capesize Vessels - GoodBulk Press Release, October 26, 2017