BSJM, representing the purchasers of a U.S.-flagged vessel, conducted due diligence, documented the purchase and sale agreement along with supporting documents and interacted with the National Vessel Documentation Center to clear the title and update documentation reflecting the change in ownership. The transaction was further complicated by significant upgrades being made to the vessel in a shipyard during this period.
Blair Sterling Johnson & Martinez provides commercial and litigation representation, business advice, and legal counsel in Guam, the Commonwealth of the Northern Mariana Islands, the Republic of Palau, and the Federated States of Micronesia.