Donald Kennedy Quoted Regarding Shipping Industry Crisis

Litigation partner Donald J. Kennedy was featured in the Shipping Management International’s January/February 2012 article “A Crisis of Confidence?” The article focused on the government and banks reluctance to invest in the shipping industry because of the high profile shipping bankruptcies. Mr. Kennedy told SMI “US maritime companies are suffering under the weight of the recession, and bankruptcies on US soil – something of a new phenomenon – are proof of an industry struggling to cope in a financial climate where investors continue to distance themselves from maritime players.”

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