Chalos & Co Presents Key Note Speech at Marine Money Asia Conference (September 28-29, 2009)
Chalos & Co, P.C. was a proud sponsor and participant during the 8th Annual Marine Money Week Asia. This international shipping conference was held at the world-famous Ritz Carlton in Singapore on September 28 -29, 2009. With the Singapore F-1 night race to kick things off, the conference was extremely well attended by over 500 owners, operators, insurers, financial institutions, and many other maritime professionals from around the world. On September 28, 2009, George M. Chalos led a power-point presentation and discussion on the current status of Rule B in the Southern District of New York and throughout the US Gulf states. In addition, Rule B avoidance techniques and the right of Defendants to obtain countersecurity pursuant to Rule E were addressed. Additionally, lively discussions concerning the potential impact of the NY State Court of Appeals decision in Koehler v. The Bank of Bermuda were engaged as an important post-judgment enforcement remedy.