Legal Opinions

Formal opinions on Dominican law for lenders, registries and counterparties.

Banks and mortgagees routinely require a legal opinion on Dominican law before they will lend against a vessel or a company incorporated in Dominica. The Consulate arranges these opinions with counsel admitted in Dominica.

Typical subjects

Validity and enforceability of a ship mortgage registered in Dominica.

Corporate capacity and due authorisation of a Dominican entity.

Priority of registered interests and the effect of recordation.

Enforcement of foreign judgments and arbitral awards.

Sanctions and regulatory position of a registered owner.

What we need

The transaction documents in final or near final form.

The form of opinion the lender expects.

Certified corporate documents for the entity concerned.

The deadline, since opinions are usually a closing condition.