Cains

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Cains‘ shipping and aviation team has significant experience handling some of the most high value and complex transactions in the sector on both a domestic and international level. The team advises on a range of issues within these sectors, including aircraft and vessel finance, as well as chartering, restructuring, security enforcement and litigation. Mike Edwards is an expert in complex shipping and aviation transactions with in-house experience of the shipping industry. Steven Quayle handles domestic and cross-border asset finance with a particular focus on business and commercial aviation, ship and super yacht finance.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Steven Quayle and Matthew Wilkinson are very helpful - nothing is too much trouble. They relate well with 3rd parties.’

  • ‘Go-to IOM aviation lawyers’

  • ‘Only IoM law firm with genuine experience in aspects of ship and super yacht financing. Mike Edwards is the go to lawyer. Considerable expertise on all aspects of relevant IoM law’

  • ‘Mike Edwards- responsive, pragmatic, sensible of legal fees.’

Key clients

  • Credit Suisse AG
  • Jet Aviation
  • Danish Ship Finance
  • JP Morgan
  • NCL Corporation (Norwegian Cruise Line)
  • Hamburg Commercial Bank
  • BNP Paribas
  • Bank of America
  • Standard Chartered Bank
  • Investec Asset Finance
  • Nordea Bank AB
  • DNB Bank ASA
  • HSBC Bank PLC
  • Citibank
  • Telesat Canada
  • UniCredit AG
  • Lombard North Central PLC

Work highlights

  • Acting for Norwegian Cruise Line on amendments to a USD 1.4 billion credit facility agreement between, among others, NCL Corporation Ltd. and JPMorgan Chase Bank, N.A., including the confirmation of guarantees and security by various Isle of Man incorporated NCL subsidiaries that own cruise ships.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Steven Quayle
Steven is a Director and head of Cains' top tier Shipping and Aviation practice. He has extensive experience in domestic and cross-border asset finance, but with particular focus on business and commercial aviation, ship and super-yacht finance. He also regularly advises clients in connection with Isle of Man business jet sale and purchase, aviation regulation, insolvency and asset repossession. His clients range from financial institutions, airlines and ship owners to high-net-worth individuals. Steven is recognised by The Legal 500 as a ‘Leading Individual’ in his field and clients describe Steven as “easily the best aviation lawyer in the Isle of Man”. Steven has also presented at conferences including EBACE, the NBAA Business Aircraft Finance, Registration and Legal Conference, the Isle of Man Aviation Conference, the Corporate Jet Investor Summer School and the Google Lunar X-Prize Summit.
Mike Edwards
Mike is a Senior Consultant within our top tier Shipping and Aviation teams and has over 22 years’ experience of specialising in complex aviation and shipping transactions as well as corporate finance matters. He has particular expertise in corporate finance including both equity and debt, general corporate transactions and asset finance including ships, super-yachts and commercial aircraft. He has practiced in London, Singapore and the Isle of Man since joining Cains in 1999 and due to his in-depth industry knowledge, Mike has been involved in a number of jurisdictionally important transactions including advising the first Isle of Man companies to list in Singapore, New York and Hong Kong. Mike is instructed regularly by global financial institutions, multi-national corporations and sovereign wealth funds to assist them with high value, complex matters.

Practice head

The lawyer(s) leading their teams.

Mike Edwards, Steven Quayle

Other key lawyers

Faye Devlin, Matthew Wilkinson