Transfer of a vessel from the International Italian Registry to the Maltese Registry

In 2009 we assisted Unicredit S.p.A. for the transfer of a vessel from the International Italian Registry to the Maltese Registry. We have drafted the deed to change the terms of the loan agreement together with all the lien documents for the transfer of the naval mortgage regulated by the Italian law to the typical common law system, in which there is the standard Deed of Mortgage together with the Deed of Covenants.