Holland & Knight (UK) LLP > London, England > Firm Profile

Holland & Knight (UK) LLP
LEAF 27C, TOWER 42
25 OLD BROAD STREET
EC2N 1HQ
England

Finance > Transport finance and leasing Tier 2

Containing 'a strong mix of partners and senior associates', the growing team at Holland & Knight LLP continues to pick up market share as it relates to the acquisition, financing, leasing, and structuring of aircraft and helicopter transactions. Although the firm still regularly works alongside the firm's longer-established US offering, under the leadership of the 'vastly experienced' Robert Ricketts it is increasingly generating its own workflow, and has been particularly effective attracting many leading leasing companies. The scope of work for these lessors is broad, running the gamut from sophisticated sanctions advice, through to their role as creditors in numerous high-profile airline insolvencies. Victoria Koob and the 'very hands-on and approachable' Richard Sharman  have been at the forefront of many of these transactions, with Sharman also highly skilled at handling work for alternative financiers in the sector. 'Fantastic' associate Michael Holt  is also recommended.

Practice head(s):

Robert Ricketts

Other key lawyers:

Victoria Koob; Richard Sharman; Noelle Boyce; Michael Holt

Testimonials

This team contains a strong mix of partners and senior associates.’

It is a great team that is very responsive.’

Richard Sharman is very hands-on and approachable.’

Michael Holt is fantastic.’

 

Key clients

Avolon Aerospace Leasing Limited

BBAM Aircraft Management LP

AerCap Holdings, N.V.

SMBC Aviation Capital Limited

Aircastle Limited

Muzinich & Co. (Ireland) Limited

Storm Harbour Securities

Investec Bank Plc

Carlyle Aviation Partners

Airborne Capital

Fuyo General Lease Co., Ltd.

Braathens Aviation AB

AerSale

Shannon Engine Support Limited

Close Brothers Aviation and Marine Finance Limited

HEH Hamburger EmissionsHaus GmbH & Cle. KG

Sky Aero Leasing

Work highlights

  • Representing nine clients that collectively lease forty-six aircraft to SAS/their subsidiaries, firstly, in respect of their rights during the Chapter 11 process including with respect to arrangements relating to the use, maintenance and operation of the aircraft in this period and the claims of each creditor under the Chapter 11 process and, secondly, in relation to restructuring and/or renegotiating the leasing arrangements for their fleet of aircraft.
  • Advising various leasing companies in relation to matters arising as a result of the sanctions imposed by the US, EU and the UK following the invasion of Ukraine by Russia.
  • Advised Investec on $40m facility with Corrum Capital and Icelease. The funding will finance the acquisition of three 2005 vintage Boeing 737-800 aircraft with stub-leases to WestJet Airlines.

Transport > Aviation Tier 4

The ‘real aviation specialists’ at Holland & Knight LLP provide clients with a full-service aviation offering, assisting with aircraft sales, financing and leasing, regulatory issues and dispute resolution. The firm also advises on aviation insurance matters, acting for lessors seeking coverage for aircraft seized in Russia and also advising on sanctions issues. Leading the team are Robert Ricketts, who acts for airlines, lessors and banks on aircraft financing matters, and Phillip Durham, who splits his time between New York and Chicago. Victoria Koob advises on aviation asset financing and leasing and Gwyn O’Flynn departed the practice for an in-house role at Milestone Aviation Group in April 2022, while Jeffrey Wool and Tim Murray moved to Watson Farley & Williams LLP in January and June 2023 respectively.

Practice head(s):

Robert Ricketts; Phillip Durham (New York/Chicago)

Other key lawyers:

Testimonials

‘They are one of only a small number of firms that have genuine expertise across the full range of aviation-related disputes.’

‘They are a niche team of real aviation specialists in a very professional full-service law firm.’

‘Great understanding of and expertise in the aircraft leasing industry and the aviation regulatory field.’

‘The team at Holland & Knight LLP is well experienced in a variety of issues, providing a balance of legal advice to clients and ultimately providing sound solutions to clients\’ problems.’

‘They understand the needs of clients and provide counsel tailored to their clients’ specific needs.’

‘They are also very responsive and handle every matter with utmost seriousness, dedication and professionalism.’

‘Robert Ricketts is very engaged and solution-driven. With his vast experience in aviation law, he is well-rounded and nothing takes him by surprise.’

‘Robert Ricketts is also the most responsive of all and wouldn’t mind interrupting his weekend, evening or holiday to attend to pressing matters.’

Key clients

Oman Air

AerSale

AerCap Holdings N.V.

Avolon Aerospace Leasing Limited

BBAM Aircraft Management LP

HEH Hamburger EmissionsHaus GmbH & Cle. KG

Aircastle Limited

SMBC Aviation Capital Limited

Sloane Helicopters

Sky Aero Leasing

Work highlights

  • Acting as creditors’ counsel to a substantial part of SAS Airline’s leased fleet of aircraft in its Chapter 11 Bankruptcy proceeding.
  • Acted for AerSale in a multi-million dollar aircraft leasing dispute involving proceedings in the Commercial Court arising out of the leasing of aircraft to a Pakistani airline.