England - London • Finance

HFW

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The ‘very engaged and well organised’ team at HFW remains best-known for its expertise within the shipping sector, where clients, which include lenders, lessors, operators and funds, benefit from a ’pragmatic and collaborative’ approach, not only on core finance matters but also broader concerns including litigation, regulation and decarbonisation within the industry. Dual UK and Sweden-qualified partner Gudmund Bernitz has a ‘fantastic knowledge of the shipping industry’, including on matters which have a connection to Scandinavia and northern Europe. As well as handling conventional finance work, including ECA-supported deals, Bernitz has also been involved in “green” financing deals, as well as leading the the firm’s efforts more generally on sustainable shipping projects. Other key ship finance practitioners include team head Adam Shire; recently promoted partner Ian Hughes , whose work includes advice to lenders to the super yacht industry; and Katherine Noble, whose ’excellent legal knowledge and commercial understanding’ is deployed to good effect for a lender-focused client base that includes banks and ECAs. Shire also handles corporate jet transactions and is part of a growing aviation offering that is spearheaded by David Brotherton following his recent return from the firm’s Singapore office. Other key aviation finance practitioners include Barbara Pansadoro, who is well versed across a range of aircraft and engine finance transactions, and Rebecca Quayle, whose broad transactional expertise in the space includes advice on sale and leasebacks, engine operating leasing, and export credit financings.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The reliable team is very engaged and well organised.'
  • 'The team are pragmatic and collaborative. They help to find practical solutions to commercial issues identified in the course of various projects.'
  • 'Gudmund Bernitz is a top-class operator, who knows which points to push and which to leave.'
  • 'Gudmund Bernitz has a fantastic knowledge of the shipping industry, both legal aspects as well as commercial rationale.'
  • 'Katherine Noble has excellent legal knowledge and commercial understanding which makes every deal a pleasure to work on.'

Key clients

  • Air Europa Líneas Aéreas S.A.U (Air Europa)
  • Avenir LNG
  • Avolon
  • Challenge Aviation Services Limited
  • Credit Agricole Corporate and Investment Bank
  • Falko
  • Günes Ekspress Havacilik A. ��. (SunExpress)
  • HSBC Bank
  • ICBC Leasing
  • KfW IPEX Bank GmbH
  • Macquarie Bank
  • Northern Offshore Services
  • Proman
  • Skandinaviska Enskilda Banken AB (publ)
  • Swedbank
  • Tsakos Energy Navigation
  • Turistik Hava Tasimacilic A.S. (Corendon Airlines)
  • Turkish Airlines, Inc.

Work highlights

  • Advising Proman AG in connection with the establishment of a Luxembourg alternative investment fund to invest in 4 (plus) low emission vessels which will be on 15 year bareboat charters.
  • Acting for Skandinaviska Enskilda Banken in connection with a €515m revolving multicurrency credit facility made available by a syndicate of 12 banks to AB Stena Finans for general corporate purposes of the Stena AB Group.
  • Acting for Avenir LNG Limited (a JV between Hoegh, Stolt Nielsen and Golar) in connection with the financings of LNG supply and bunkering vessels with ABN and Danske Bank as lenders.

Lawyers

Next Generation Partners

Practice head

The lawyer(s) leading their teams.

Adam Shire, David Brotherton

Other key lawyers

Gudmund Bernitz, Zohar Zik, Rebecca Quayle, Barbara Pansadoro, Ian Hughes, Katherine Noble, Alana Checksfield, Zoe Triantafyllou