Reed Smith LLP

Drawing upon an 'in-depth understanding of contractual issues, assets and sanctions requirements in addition to its strong financing and leasing capabilities', Reed Smith LLP is a popular choice for a range of stakeholders handling work across the transportation sector. The team, which is led by Richard Hakes, has gained most acclaim in recent years for the 'extremely commercial' advice it provides to funds, be it in the context of distressed M&A, lending work, loan trading or the establishment of JVs. Although Hakes also handles some maritime work, his primary focus remains on the aviation front, where he receives valuable support from the vastly experienced Christopher Jackson and from the 'exceptionally efficient and knowledgeable' Andrew Harper. On the maritime front, the 'highly efficient and commercial' Robert Wilkins mirrors this fund-focused approach, taking on a considerable volume of deals regarding the acquisition of non-performing shipping loans, while Philip Rymer has 'exceptionally broad knowledge and experience' encompassing everything from yacht sales and purchases to fleet finance and charter issues.