Mayer Brown has one of the leading international asset finance practices. In addition to global coverage, we offer clients experience across industries, asset classes and product lines. This includes leveraged leasing and structured finance, lease and equity portfolio transfers, as well as debt financing and Islamic finance.
Our asset finance team acts for leading banks and financial institutions engaged in the financing of ships, aircraft, satellites, rolling stock, offshore oil and gas drilling rigs, airport, rail and port infrastructure, power generation and transmission, mining and construction equipment, telecommunications, manufacturing and processing equipment.
| “an impressive track record in the shipping and aviation sectors” |
|
- Chambers Europe 2009 |
We also act for project sponsors, airlines, shipping companies, managers, operators and other participants in the aviation, maritime, rail and automotive sectors, and have extensive experience in advising on the acquisition, employment, operation and disposal of assets and equipment used in these industries.
| "Mayer Brown is phenomenal in ship finance – it cannot be challenged” |
|
– Chambers Asia 2011 |
Our recent award-winning work includes:
- ICBC Financial Leasing’s first cross border vessel leasing – “Asset Finance Deal of the Year 2010" as named by Asian Legal Business.
- Odebrecht S.A., $1.5 billion project financing of two deep sea drilling vessels, Norbe VIII and IX – “Americas Deal of the Year 2009” as named by Project Finance International.
- Mitsui OSK Lines and Qatar LNG carriers transaction – "Asset Finance Deal of the Year 2006" as named by Asian Legal Business Awards
- Citibank / China Exim Bank co-financing for China Shipping Group – "Trade Finance Deal of the Year 2006" as named by Trade Finance magazine
Our asset finance team has experience across the full range of product lines including plain vanilla, debt, export credit-supported debt, off-balance sheet finance, limited recourse finance, mezzanine debt, tax efficient finance and structured finance. We also have a long-standing practice in leasing and represent equity participants, lessees, institutional investors, governments and governmental agencies and underwriters in both privately placed and public transactions. We have represented clients on sale-leasebacks, lease-leasebacks, domestic single investor and leveraged tax leases, cross-border leveraged leases, "synthetic" leases and other off-balance sheet lease and hybrid lease structures. We have also frequently advised clients in connection with the use of residual value products to support asset residual values.
The tax lawyers on the team are well versed in the implications of all forms of transactions, including those with cross-border elements and multi-jurisdictional tax issues.
