Expert / Legal insights

In a constantly evolving business landscape, safeguarding our clients’ interests remains the utmost priority at Dzungsrt & Associates. Recently, we accompanied a Taiwanese shipowner in navigating a complex situation where a shipyard – a state-owned Vietnamese enterprise – while performing a shipbuilding contract was compelled to file for bankruptcy procedures under a government directive.
Dzungsrt & Associates’ shipbuilding team was appointed as legal counsel and representative during negotiation for settlement, the team then:
✅ Reviewed contracts and advised solutions for risks when the shipyard refused to issue a Refund Guarantee to the Shipowner
✅ Represented the client in multiple intensive negotiations with the shipyard to terminate the shipbuilding contract, ensuring maximum client benefits, and
✅ Successfully terminated the contract and reached a settlement agreement, facilitating client in recovering delivered assets and materials.
This achievement reaffirms Dzungsrt & Associates’ dedication to safeguarding client’s interests, even in the most intricate legal situation.
This case was evaluated by Legal One, an independent legal research company, based on its transaction value, complexity, significance, and precedent-setting influence in maritime practice.
Contact us for expert advice on shipbuilding matters!
For verified case details, please visit: https://lnkd.in/d-PaY3FG.