Sarah Fairweather > Shoosmiths LLP > Southampton, England > Lawyer Profile

Shoosmiths LLP
RUSSELL HOUSE, 1550 PARKWAY
SOLENT BUSINESS PARK, WHITELEY
WHITELEY
PO15 7AG
England

Work Department

Banking and Finance

Position

Sarah is an experienced commercial and asset finance lawyer in the Banking and Finance team based in the firm’s Solent office. Sarah advises clients within the Transport and Infrastructure sector, namely in Aviation, Marine and Rail on their leasing and financing arrangements and associated commercial arrangements.

Sarah advises banks, borrowers, sellers and buyers on acquisitions and disposals of aircraft and marine vessels. Sarah also advises aircraft flag carriers, manufacturers, leasing companies and passenger and freight train operating companies, on their manufacturing and supply agreements, leases (operating and finance) and maintenance agreements.

Sarah’s relevant experience includes:

  • advising a flag carrier on the sale of a fleet of ten small aircraft to a Canadian jet maintenance company;
  • advising a flag carrier on the purchase of five Airbus aircraft at the end of their respective finance leases;
  • advising a flag carrier on their day-to-day leasing and subleasing arrangements with major aircraft and engine leasing companies, including the novation of aircraft leases;
  • advising a private equity company on its financing and security arrangements in relation to the purchase of a freight Boeing 737 for its investee client, which was to be modified to provide environmental marine services for use under a service contract and subsequent leasing arrangements;
  • advising the leasing arm of a Dutch bank on its financing and security arrangements in relation to the purchase of three helicopters from Finmeccanica (Italy) for use as air ambulances (circa €27 million);
  • advising a rolling stock operating company on their rolling stock leases to KeliosAmey on the Wales & Borders franchise;
  • advising a rolling stock operating company on their negotiations with a Dutch-led consortium appointed by the DfT to operate the new West Midlands franchise for the supply of rolling stock (estimated to exceed £250 million), including drafting the rolling stock leases, maintenance agreements and spares access agreements;
  • advising a manufacturer on bids for the supply of rolling stock to train operating companies as part of a new franchise tender;
  • advising a lender on its precedent aviation loan and mortgage documentation.

Career

Sarah trained at Blake Morgan, qualifying in September 2001. She has worked at Freshfields Bruckhaus Deringer and Bird & Bird in Hong Kong. Sarah joined Shoosmiths in August 2015.

Memberships

Law Society of England & Wales

Lawyer Rankings

South East > Transport > Aviation

(Next Generation Partners)

Sarah FairweatherShoosmiths LLP

At Shoosmiths LLP, Sarah Fairweather (who was promoted to legal director in May 2021) leads the team in Southampton, which is embedded into a larger national practice. It provides a comprehensive range of services to a wide range of stakeholders in the aviation industry, including airlines, travel companies, cargo handlers and aircraft lessors and lessees. Fairweather has commercial and asset finance expertise, putting her on a strong footing to advise on sales and acquisitions of aircraft, manufacturing and supply agreements, leases and finance arrangements.

South East > Finance > Banking and finance

At Shoosmiths LLP, Ali Triptree has taken over from Rebecca Mauleverer as the head of the Thames Valley banking and finance team, with the latter partner still working locally but now running the practice nationally. The Thames Valley team is regularly seen in a myriad of finance transactions, including those involving leveraged and acquisition finance (often with an international component), general corporate lending and real estate finance. Recently promoted legal director Sarah Fairweather leads the asset finance practice with a focus on aviation, marine, rail and aviation. Principal associates Suzanne Love and Anna Richardson are also recommended. In 2020, highlights included acting for EAG Acquisitions on a £3m unsecured financing from BNP Paribas Asset Management (via Caple SME Growth credit) for the acquisition of Euroview Architectural Glass Limited. Legal director Linda Williams rejoined the firm from KPMG.