Zur¸ck

The Admiralty Group and it's principals have completed (or are now engaged in) the following assignments in Western Europe   Germany Switzerland United Kingdom

Germany: Upgraded Information System for Dealing Room The information technology systems in the Frankfurt dealing room of Salomon Brothers AG were unable to provide dealers with correct information within the required time frames. Admiralty Group provided expertise in areas of design, development and implementation using the latest client-server technologies and rapid prototyping. The systems provided by Admiralty were eventually adopted by Salomon for its entire European operation. Germany: Liquidation of Liner Company Loan recovery as DDG Hansa, a 99 year old liner company, went into liquidation. We were responsible for direct negotiations with other lenders, Hansa's provisional board of directors and competing shipping companies. Bank of America was the second largest lender, but came out of the collapse of Hansa without a loss. By contrast, the German banking community is estimated to have lost over DM500 million. Germany: Restructuring of Meat Trader Loan recovery as Plambek, a long established meat trader went into liquidation. We were responsible for direct negotiations with other lenders and direct action to recover security in South America. Germany: Liquidation of Sugar Trader Loan recovery as August Toepfer, a well established sugar merchant went into liquidation. Switzerland: Ship Financing.  Top Financed construction of several Brazilian built ships for Swiss shipowner. United Kingdom: Office Building for the American Bureau of Shipping  Top Originated, structured and funded the multicurrency financing of a London headquarters building for the ABS, the ship and aircraft classification society. United Kingdom: Baltic Ship Financing Financed construction and term loan for two bulk carriers built in the Baltic States for Zodiac Shipping, a UK based shipowner. United Kingdom: Problem Loan Guide Drafted, published and distributed an extensive and comprehensive Problem Loan Guide for Bank of America, based on extensive problem loan and salvage experience in the US, Asia and Europe. United Kingdom: Bankers' Guide to Ship Finance  Top Drafted, published and distributed extensive and comprehensive guide to shipping and ship financing, for Bank of America, based on experience in the US, Asia and Europe.