All eyes were on Greece's Navios Group and HSH Nordbank Monday following a $300m deal that may change the way private equity firms structure proposals to poach distressed assets.

Basil Karatzas, founder of Manhattan-based consultancy Karatzas Marine Advisors, believesthe transactionwill serve as a role model for similar deals in the months ahead but notes it’s not the first time the structure has been proposed.

“Structures