Reviews, monitors and reports on legal developments concerning the interplay of maritime and bankruptcy jurisdiction; studies the effects of bankruptcy on the enforcement of mortgage liens and maritime liens and remedies; monitors and comments on the effect of proposed changes to the U.S. bankruptcy code and rules as they pertain to maritime rights, remedies and financing structures; monitors shipping bankruptcies and related cross-border insolvency issues and reports to the Association on developments and trends; and considers and reports on matters unique to the restructuring and workout of debt structures in shipping.
Trial coment for doc.