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Stephenson Harwood

18/F, UNITED CENTRE, 95 QUEENSWAY, HONG KONG
Tel:
Work +852 2868 0789
Fax:
Fax +852 2868 1504
Email:
Web:
www.shlegal.com
Beijing, Dubai, Hong Kong, London, Paris, Piraeus and 4 more

Roy Chan

Tel:
Work 852 2533 2789
Email:
Stephenson Harwood

Work Department

Finance

Position

Partner

Career

Roy is a maritime lawyer whose practice covers both non-contentious shipping work and contentious shipping and disputes.

Roy is experienced in a wide range of ship finance work in Hong Kong and the Far East where he has acted for banks and financial institutions on loan, guarantee, leasing and other credit transactions for new buildings and second-hand vessels. He has advised on domestic and offshore corporate structuring. Roy’s practice also covers commercial shipping and he has advised on a wide range of shipping joint venture projects as well as advisory work relating to shipbuilding, contracts for sale and purchase of ships, leasing, chartering, ship management and registration of ships. His practice also covers commercial and regulatory advisory work in the cruise and yacht sectors, with a focus in Greater China.

On his contentious practice, Roy is experienced in and has acted for banks and financial institutions on various complex ship mortgage enforcement and disputes as well as ship finance restructuring and mortgagees’ buy-back of distressed ships. He has also acted for shipowners, charterers and shipbuilders and is experienced in handling a wide range of maritime disputes involving shipbuilding, charterparties, bills of lading, international sale of goods, ship sale and purchase contracts, ship arrest and marine insurance maritime claims, especially in admiralty court proceedings and arbitrations in Hong Kong and China. 

Roy has recently been appointed as a representative institutional member of the Institute of Seatransport, Hong Kong Maritime and Port Board. Roy is a vice-chairman of the Institute of Seatransport, a committee member of the Hong Kong Admiralty Court User’s Committee and a member of the Shipping and Transport Committee of Hong Kong General Chambers of Commerce. He is also a representative member of the Hong Kong Maritime Forum and a member of the Marine Insurance Club.

Languages

English, Mandarin, Cantonese


Hong Kong

Asset finance (including aviation and shipping finance)

Within: Asset finance (including aviation and shipping finance)

Stephenson Harwood provides ‘responsive and commercial advice’ to banks, lessors, export credit agencies and operators in the aviation and maritime sectors. Aided by the firm’s enhanced presence on the ground in China, the practice continues to pick up market share on behalf of PRC leasing companies, both in terms of their role as lenders and also when they need to borrow money. The ‘very likeableHongkai Zhou has been ‘extremely effective at picking up work out of China’, and alongside recently promoted partner Elton Chan, advised China Development Bank Financial Leasing on a sale and lease back project of eight large ore carriers, which will be chartered by an affiliate of Australian mining conglomerate Fortescue Metals Group. In addition to his work for lessors and banks on conventional ship finance work, Roy Chan is also regularly instructed by high-net-worth individuals on the financing of superyachts. On the aviation front, the firm handles work for lessors including ICBC Financial Leasing and JIC Leasing. As well as handling financing work for leasing companies, where the ‘excellentSimon Wong is recommended, the team has also been active establishing platforms for PRC lessors in Hong Kong in recognition of the tax advantages of doing so. ‘Hardworking and knowledgeable’ associate Elian Wong is also recommended for aircraft financing and leasing transactions.

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Shipping

Within: Shipping

The ‘responsive and knowledgeable’ team at Stephenson Harwood handles litigation and transactional work for an eclectic mix of clients including shipowners, P&I clubs and lessors. ‘Very knowledgeable and accessible’ team head Andrew Rigden Green is well versed at handling multi-jurisdictional disputes across the spectrum of issues including charterparty and bills of lading disputes. Rigden Green is regularly involved in difficult claims in North and West Africa and recently represented Michharry and Company Nigeria (a Nigerian provider of onshore and offshore marine vessels to the oil and gas industry) on the successful tracing and recovery of in excess of $300,000 it lost as a result of a sophisticated cyber fraud. Recently promoted partner Roy Chan handles a mix of litigation and transactional/commercial work including assisting on a wide range of joint venture shipping projects. The arrival of ‘very hardworking and capable’ senior associate Elizabeth Sloane in August 2016 from HFW bolsters the team’s offering, particularly on the wet side, as a result of her experience in numerous high-profile casualties, collisions and groundings in the Asia Pacific region.

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Legal Developments by:
Stephenson Harwood

  • Companies should plan now to minimise their pension protection levy

    The amount that pension schemes have to pay to the Pension Protection Fund (PPF) for the year 2006/07 may have increased by as much as five times the previous year's levy. Employers who ultimately bear the cost of many pension schemes will need to make plans now to ensure the levy payable for the year 2008/09 is kept to a minimum.
    - Stephenson Harwood

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