PORTLAND (June 7, 2021)—Perkins Coie is proud to announce that it represented public company client Ardmore Shipping Corporation, a provider of seaborne transportation of petroleum products and chemicals worldwide, in its agreements with Element 1 Corp. and Maritime Partners, LLC to establish a joint venture known as “e1 Marine” for the purpose of developing and commercializing Element 1’s hydrogen-generating technology for maritime applications.

Perkins Coie also represented Ardmore in its related agreements to issue preferred stock to Maritime Partners and acquire an approximately 10% equity stake in Element 1. For more information, please see Ardmore’s press release.

The Perkins Coie team was led by partners David Matheson, Raj Gangadean, Marcelo Halpern, and Joe Bailey, and included partners Jim Gradel, Carl Crow, and Jesse Kanach, and associates Christian Carlson, Michael Hemes, Angie Burcham, and Stefan Andreev.

Perkins Coie is a leading international law firm that is known for providing high-value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,200 lawyers in offices across the United States and Asia, we provide a full array of corporate, commercial litigation, intellectual property, and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations.

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