The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Hughes Hubbard & Reed LLP

201 SOUTH BISCAYNE BOULEVARD, MIAMI, FLORIDA 33131-4332, USA
Tel:
Work +1 305 358 1666
Fax:
Fax +1 305 371 8759
Web:
www.hugheshubbard.com

Mark Denham

Tel:
Work 305-379-5565
Email:
Hughes Hubbard & Reed LLP

Work Department

Aviation; Banking & Financial Services; Corporate; International; Joint Ventures & Other Strategic Alliances; Latin America; Mergers & Acquisitions.

Position

Partner in the Corporate Department, with primary focus on aviation matters and international lending and finance transactions (including equipment lending/leasing transactions, structured senior, second lien and subordinated loans, cash-flow loans, syndications, participations and Islamic-compliant financings), and with significant experience in distressed debt portfolio acquisitions, restructurings, international joint ventures, mergers and acquisitions, product distribution, and general corporate and commercial matters.

Career

Paul Hastings, Janofsky & Walker LLP (Attorney; 1994-2006) General Electric Capital Corporation, GE Capital Solutions (Regional Counsel, Latin America Corporate Aircraft; 2006-2008).

Languages

Portuguese (fluent) Spanish (proficient).

Education

Liberty University, B.S., 1990, magna cum laude University of Virginia School of Law, J.D., 1994, Virginia Law Review.


Latin America: International firms

Banking and finance

Within: Banking and finance

Hughes Hubbard & Reed LLP is a market leader in syndicated and bilateral loans work, primarily acting on the lender side. The firm has a long and impressive record in Brazil and is a growing force in other regions such as Central America, Mexico, Peru and Colombia. By principally acting on the lender side in syndicated financings, the firm has gained exposure to a wide range of arrangers. Clients include Citibank, Natixis, Rabobank, ABN AMRO, Crédit Agricole, Sumitomo Mitsui Banking Corporation, Santander, BNP Paribas, Mizuho Bank, Scotiabank and Wells Fargo. Recent highlights on the borrower-side include advising Multibank on a $55m syndicated interbank credit agreement with six banks; Standard Chartered acted as administrative agent. Co-chair of the banking and financial services practice group and managing partner of the Miami office, Amy Dulin is a major name in Latin America syndicated lending, especially in Brazil. Co-chair of the Latin America practice Federico Goudie is noted for structured and trade financings, project financings and other capital markets related financings. Mark Denham specialises in structured aircraft financings and bilateral financings in Brazil and elsewhere, and is also an expert in distressed debt. In a noteworthy September 2016 hire, Ruben Diaz, formerly general counsel of Dominican Republic conglomerate Grupo Pellas, joined the firm as co-chair of the Latin America practice.

[back to top]

United States: Finance

Asset finance and leasing

Within: Asset finance and leasing

‚ÄėDelivering excellent service and legal advice‚Äô, Hughes Hubbard & Reed LLP‚Äôs aviation group handles aircraft and equipment finance, sale and purchase contracts, bankruptcies and restructurings, and has extensive experience in EETC offerings. Indeed, New York-based co-chair John Hoyns acted for United Airlines in multiple EETC offerings in 2015 and 2016, totaling nearly $2.5bn. Additionally, the team acted as debtor‚Äôs counsel to Republic Airways Holdings in the company‚Äôs $3.5bn Chapter 11 restructuring. Washington DC-based co-chair Steven Chung advised a group of lenders to Delta Air Lines on $450m in loans, backed by a pool of 26 used Airbus and Boeing aircraft. On the leasing side, the group acted for Hawaiian Airlines regarding a sale and leaseback transaction of three Airbus aircraft from Jackson Square Aviation. Mark Denham has particular experience in cross-border aircraft lending and leasing and Islamic financing, and Andrew Fowler is also noted.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • EU and Malta Securitisation Market

    Following the US subprime crisis that began in 2007, the notion of securitisation has suffered from bad press that tainted its reputation. However, securitisation is still considered as an essential component to continued economic recovery and for well-functioning financial markets.
  • PATENTABILITY OF SOFTWARE IN SINGAPORE

     leading_lines_newsletter_dec_2017
  • DOJ Makes the Pilot Program Permanent and Announces FCPA Corporate Enforcement Policy

    The US Department of Justice ("DOJ") had announced a pilot program [1] ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate. The Pilot Program was to remain in effect for 1 year, starting from the day of its announcement. On March 10, 2017, the Acting Assistant Attorney General, Kenneth A. Blanco, announced in a speech that the Pilot Program would continue in full force until the DOJ reached a final decision on whether to extend it, and what revisions, if any, should be made to it. [2] The evaluation period of the Pilot Program ended on November 29, 2017, when Deputy Attorney General Rod Rosenstein announced the new FCPA Enforcement Policy ("Policy"), which effectively makes the Pilot Program permanent with some revisions. According to Deputy Attorney General Rosenstein, the FCPA Unit received 30 voluntary disclosures during the time period that the Pilot Program was in force, as opposed to 18 voluntary disclosures that were received during the previous 18-month period. The Policy has been incorporated into the United States Attorneys' Manual in order to "be readily understood and easily applied by busy prosecutors" as opposed to being promulgated in memorandum format. [3]
  • Effects of State of Emergency Law in Turkey On Prison Sentences Under Criminal Execution Laws

    With the Statutory Decree No.671 dated August 17, 2016, and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities effecting execution of the Law No.5275 on Punishment Execution Law has introduced significant changes.
  • [SOUTH KOREA] Supreme Court Affirms Lower Decision, Finding Invalid the Regulations on Foreign ...

    Supreme Court Affirms Lower Court Decision, Finding Invalid the Regulations on Foreign Exchange Report on Incorporation of Offshore Subsidiary by an Offshore Company
  • Disputes on Health-Related Commercial Advertisements under Consumer Law

    Introduction
  • [SOUTH KOREA] New Administration‚Äôs Key Environmental Policies

    To step forward as an environment-friendly government, the Moon Jae-in Administration has announced its key environmental policies, including improving safety in chemical substances and household chemical products, and reinforcing implementation measures of the Paris Agreement.¬† Under the ‚Äúsustainable development‚ÄĚ paradigm, the new administration will continually promote new regulations to protect the environment and strengthen its enforcement of environmental regulations.
  • [SOUTH KOREA] Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an ...

    Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an Ordinary Wage Case 
  • SyCipLaw TMT Bulletin: ‚ÄúMore Philippine Data Privacy Act: Are you Ready for Phase II?‚ÄĚ

    Controllers and processors who have completed Phase I registration with the National Privacy Commission (NPC) will now have to gear up for Phase II. Phase II involves providing the NPC certain information on the organization’s compliance with the Data Privacy Act (DPA).
  • Crowdfunding - The Path towards a regulatory Framework

      The importance and feasibility of crowdfunding platforms is increasing in stature and importance for current and future the entrepreneurs. Malta has recently acceded to the rising trend by creating its first crowdfunding platform, ZAAR, a reward-based crowdfunding platform who has recently been awarded with the first prize in its section at the National Enterprise Support Awards 2016 also as well as being one of the local projects that have represented Malta at the European Enterprise Promotion Awards 2016, held in Slovakia. Nonetheless start-ups based in Malta with global aspirations often rely on international platforms. An increase in interest has emerged amongst the art and culture community as well in social entrepreneurship projects. Crowdfunding in Malta is still at the early stages of development. Despite this, there are endless opportunities for local entrepreneurs and the local business community. Research has shown that through international crowdfunding platforms, monies have been raised for projects in the field of gaming consoles, apps and software as well as for artistic projects.  Testimony to this is a new game design studio in Malta, that launched its first game, Politicks, raised financing through the crowdfunding platform Indiegogo.