Mr Stuart Kennedy > Matheson LLP > Dublin, Ireland > Lawyer Profile

Matheson LLP

Work Department

Partner in Asset Finance Group


Stuart is a partner in the Finance and Capital Markets Department and advises on all aspects of aviation, shipping, rail and other asset financing, trading and leasing matters on a daily basis.  Stuart has gained considerable experience in advising on the structuring of aircraft purchase, sale, financing and leasing transactions and acts for a number of aircraft lessors, financiers and airlines in leveraged, syndicated and export credit agency backed financing facilities.  Stuart also has considerable experience in advising on structured finance, ABS (asset-backed securities) and repackaging transactions relating to all such asset classes including the establishment of special purpose companies funded by public and private issuances.

Stuart also regularly advises Irish airlines and leasing companies on airline licencing and registration issues with the Irish Aviation Authority and Commission for Aviation Regulation in addition to all aspects of the Cape Town Convention and Aircraft Protocol.

Stuart regularly presents to aircraft and aircraft engine lessors on all aspects of the Cape Town Convention and Aircraft Protocol and to company directors on their duties and responsibilities under Irish law.

Stuart is also a lecturer and tutor on the Law Society of Ireland’s Diploma in Aviation Leasing and Finance.


University of Limerick, Bachelor of Arts in Law and Accounting
Solicitor, Ireland
Solicitor, England and Wales (not practising)

Lawyer Rankings

Ireland > Transport

(Next Generation Partners)

Stuart KennedyMatheson LLP

Matheson LLP has a long track record in the aviation sector, acting for both aircraft lessors and airlines in transactions. The practice has recently been heavily engaged in assisting these clients with their response to the Covid-19 pandemic through financings and refinancings, and it has also handled major restructurings and schemes of arrangement involving companies in this sector. Elsewhere, the practice advises on procurement and project development in the road and rail sectors. Rory McPhillips, Stuart KennedyYvonne McWeeney and Stephen Gardiner, who was promoted to partner in January 2021, are the key figures in aviation and asset finance matters, while Garret Farrelly heads the firm’s projects and PPP team.

Ireland > Asset finance

(Next Generation Partners)

Stuart KennedyMatheson LLP

Matheson LLP has a rounded aviation finance practice with extensive experience in asset backed securitisations and repackagings. The core group is complemented by aviation regulatory specialists and specialised aviation tax expertise. During 2020 and 2021, the firm landed a high market share of big-ticket insolvency and restructuring engagements in the Irish aviation sector; it advised Norwegian Air Shuttle, Norwegian Air International, Arctic Aviation Assets  and associated group companies on the appointment of an examiner to the NAS Group. The firm is also at the forefront of aviation financings led by export credit agencies (ECAs). Rory McPhillips and Stuart Kennedy co-head the aviation finance and transportation group. Stephen Gardiner handles a broad portfolio of work and has recently been kept busy advising new entrants to the Irish market on corporate and owner trustee services. Yvonne McWeeney is noted for her experience advising on the Cape Town Convention particularly in relation to aircraft protocol.