Mulla & Mulla & Craigie Blunt & Caroe

India

Analysis

Overview

Mulla & Mulla & Craigie Blunt & Caroe is a recognisable name in the market for its curated and specialised shipping practice. Its banking and insurance prowess is also well-regarded. The firm houses over 80 fee earners and has offices in Mumbai, Delhi and BangaloreKey partner Shardul Thacker is one of the country’s leading shipping experts.  

Banking and finance

Work highlights 

Advised Standard Chartered Bank on re-financing of certain loans advanced to the Shipping Corporation of India 

Acted for Bank of America on its loan to a gas carrier to be acquired by the Great Eastern Shipping company.  

Advised Standard Chartered Bank in relation to the cross collateralisation of loans advanced to the Great Eastern Shipping Company 

Key clients 

IHC Beavers 

Insurance

Work highlights 

Acting for Tata Consumer Products Limited in arbitration proceedings filed against a public sector insurance company on account of repudiation of a part of insurance claim under Marine Sales Turn Over Policy. 

Advising Indian Oil Corporation on various complex multi-jurisdictional issues involving its insurance and reinsurance.  

Representing eight London based leading reinsurers in defending suit proceedings instituted by two insurance companies, New India Assurance and IFFCO-TOKIO General Insurance Company for underlying claims brought by Essar Steel against the Indian underwriters 

Key clients 

Intermarine Shipping, Multimax Shipping, New India Assurance, United India Insurance Company 

Shipping

Work highlights 

Assisting DVB Group Merchant Bank Asia by filing a suit in the Bombay High Court for enforcement of its client’s rights as mortgagees under loan agreements and for recovery of a $42 million loan from GOL Offshore 

Advising Hoegh LNG Giant on the Indian law requirements in relation to the bareboat charter party entered into by it with H-Energy Private for the mobilisation of floating storage re-gasification units at Jaigarh port, Maharashtra. 

Represented JSW Cement in obtaining dismissal of the shipowner’s arbitration petition seeking attachment of the cargo 

Key clients 

Borr Drilling, Boskalis, JSW Steel, Noble Drilling, Paragon Offshore, Petronet LNG, Tata NYK, Total India, Universal Energy Resources, Royal IHC, West P&I, Zim Integrated