Capabilities

Merger with Genco Shipping & Trading Limited

Special Committee of Baltic Trading Limited

Our attorneys advised the Special Committee of Baltic Trading Limited (Baltic Trading) on the negotiation of its merger with Genco Shipping & Trading Limited (Genco). In accordance with the terms of the merger agreement, Baltic Trading is now an indirect wholly-owned subsidiary of Genco, which now trades on the New York Stock Exchange (NYSE) under the symbol GNK. 

Our attorneys served as lead counsel to the Special Committee of Baltic throughout the transaction and  also took the lead representing both Baltic Trading and the independent directors in the resulting shareholder class-action litigation, which sought to enjoin the merger.

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