David Jungman

Of Counsel, Corporate
1000 Louisiana Street
Suite 2000
Houston, Texas 77002-2099
t 713.276.5603 f 713.276.6603

Dave Jungman has a broad international practice in maritime commerce and financing. He focuses especially in the off-shore energy industry, providing local counsel and helping foreign and domestic banks and other clients finance drilling rigs and off-shore support vessels. He is involved in ship financing, working throughout the world in countries with and without well-developed legal systems.

With over 30 years of experience, Dave has helped clients with a wide range of global maritime commerce and finance needs – helping them put deals together and take them apart. Dave has frequently worked with clients on projects, such as a Norwegian bank financing an American company building a drillship in China, which will operate under Marshall Islands' flag and work off the coast of Nigeria.

He regularly handles the following types of issues and client concerns, among others:

  • How do I get a secured interest in a floating asset which can be located anywhere in the world?
  • What are the rules or procedures in this space?
  • How can I enforce my security when a deal goes bad?
  • What are the regulations governing the type of vessels which can work in the Gulf of Mexico?

Client needs also include loans, workouts, bankruptcies and restructurings, equipment leasing, organization and operation of domestic and foreign corporations, partnerships and joint ventures. Dave regularly works with foreign lenders and foreign law firms, setting up corporate structures and dealing with security interests on various types of assets – all affected by the interactions of a complex international energy market and the flag registries, laws, rules and regulations of various jurisdictions.

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