The transportation industry has always been subject to the vicissitudes of the global economy, and companies must be prepared to shift strategies as currency fluctuations and the ups and downs of national economies jostle the import-export equation across countries. Add to this the rising cost of fuel, a maze of growing regulations, environmental concerns, and the industry-altering impact of new technologies, and it is no surprise that transportation companies face significant challenges.
Gone are the days when a company could call on a single individual or even a handful of individuals to meet the full spectrum of its legal needs in the transportation arena. From real estate advice and vendor contracts to negotiating the intricacies of the Foreign Corrupt Practices Act, companies concerned with transporting goods have a host of legal issues that call for counsel with significant depth of experience.
At McGuireWoods, we have developed a cross-disciplinary team of professionals with deep industry knowledge and experience who represent domestic and international transportation clients in all aspects of their business operations, including:
We also counsel financial institutions, leasing companies, and other businesses in connection with domestic and international, single-investor and syndicated, leveraged and investment-grade loans, leveraged and single-investor leases, purchases and sales of assets, transportation contracts, and similar matters.
Representation of Walker Aviation on its buy-out from Walker Steel as part of the sale of Walker Steel to British Steel, at that time, at circa £300 million, the largest private company sale in the UK.
Counsel in relation to European Commission and UK Office of Fair Trading cartel investigations, including dealing with leniency and the EU settlement procedure. Sectors include insurance, general manufacturing, electronic equipment and transport.
Negotiation of contracts for a fleet of vehicles that service more than 5,000 retail stores.
Representation of US Airways Group, Inc. as Chapter 11 debtor.
A trucking company client was guided to a favorable settlement by McGuireWoods in a matter where the client's defense was based on federal preemption of state law claims based on allegations of negligent hire, training and entrustment in Dallas, Texas.
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