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Stephenson Harwood

Living Wage
1 FINSBURY CIRCUS, LONDON, EC2M 7SH, ENGLAND
Tel:
Work 020 7329 4422
Fax:
Fax 020 7329 7100
DX:
64 LONDON CHANCERY LANE WC2
Email:
Web:
www.shlegal.com
Beijing, Dubai, Hong Kong, London, Paris, Piraeus and 4 more

Jonathan Ward

Tel:
Work 020 7809 2081
Email:
Stephenson Harwood

Work Department

Finance.

Position

Jonathan is a ship finance expert with a focus on complex, cross-border transactions and restructurings in shipping. Clients value his commercial and pragmatic approach coupled with his broad experience. He heads our Chinese ship finance practice.

Jonathan has extensive experience of ship finance and commercial shipping matters including complex loan financings, operating and finance leasing, sale and purchase, shipbuilding and construction contracts and corporate acquisitions. Jonathan advises on "big ticket" asset finance transactions worldwide. He represents a broad range of financial institutions (including export credit agencies), major international ship owners and shipyards. He has particular experience in Europe and the Far East. In recent years Jonathan has advised lenders on the Omega Navigation Chapter 11 bankruptcy case, and major restructurings for Torm, Genco and Maritime Equity Partners.


London: Finance

Asset finance and leasing

Within: Asset finance and leasing

While it remains best-known for its 'strong ship finance offering', where it acts on behalf of lenders and operators, Stephenson Harwood also continues to gain traction in the rail market and is instructed by a varied array of clients including franchise owning groups (Abellio East Anglia, Arriva Trains Wales) as well as traditional and new entrant financiers (Macquarie, Rock and Infracapital). Lisa Marks recently advised Corelink Rail Infrastructure on the financing to facilitate West Midlands Trains' purchase of over 100 new trains from Bombardier Transportation and Construcciones Y Auxiliar De Ferrocarriles SA as part of the planned upgrade for the West Midlands rail franchise. On the shipping front, the 'very talented' Ian Mace is gaining a reputation as a 'rising force' in the sector and heads a team that also includes the 'astute and technically strong' Jonathan Ward and the 'very experienced and knowledgeable' Mark Russell. Senior associate Sheila Obhrai has strong ties with numerous lenders including KfW IPEX, which she recently advised on two euro term loan facilities made available to a prominent cruise company to finance the construction in Germany and Finland of two newbuild cruise ships. Richard Parsons heads up the firm's aviation finance offering and, as well as developing a strong track record for handling aircraft portfolio acquisitions and disposals, generates a significant amount of work from asset management entities that are increasingly active in the sector as well as traditional finance providers including DVB Bank and BNP Paribas. Rail finance head Graeme McLellan is also recommended.

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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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