Dr Gregory Xu > Stephenson Harwood LLP > Singapore, Singapore > Lawyer Profile

Stephenson Harwood LLP
ONE RAFFLES PLACE
SINGAPORE 048616
Singapore
Gregory Xu photo

Work Department

Banking and finance

Position

Dr Gregory Xu is a partner who leads the general banking and project finance offering for Southeast Asia out of the Singapore office. He has over a decade of private practice experience and is a specialist in a range of complex multi-jurisdictional transactions.

Gregory has extensive experience acting for financial institutions, funds, government agencies and companies in structuring, documenting and re-structuring against a combination of limited recourse and non-recourse syndicated and bilateral transactions in the fields of general/corporate finance, project finance, asset finance, trade finance, acquisition finance and leverage finance. He focuses on the Asia-Pacific and Middle East regions and regularly acts for clients in China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore and Vietnam.

Gregory has specialist experience in the transportation sector, having advised on significant aviation, shipping and offshore oil and gas financings, particularly for FPSOs, FSRUs and LNG vessels. He acts for blue-chip clients on single and/or fleet-based asset (aircraft and ships) and equipment sale-and-purchase and sale-and-leaseback transactions and other corporate and commercial law arrangements. His expertise also extends to international security enforcement actions and restructurings, particularly those arising from insolvency and corporate proceedings.

Gregory is presently admitted to practice law in the New York, England & Wales, Singapore, Australia and New Zealand and sits on the Admissions, Continuing Professional Development (CPD) and Young Lawyers Committees of the Law Society of Singapore. Prior to joining the firm, he was with a Magic Circle law firm and acted for clients across both their top-ranking banking and finance and asset finance practices.

Lawyer Rankings

Singapore > Asset finance: foreign firms

(Next Generation Partners)

Gregory XuStephenson Harwood LLP

Fielding one of ‘the largest, and most sophisticated’ asset finance teams in the market, Stephenson Harwood LLP is particularly well-suited to advising a balanced array of stakeholders, including banks, financial institutions, lessors, airlines, shipping companies, oil and gas businesses, and insurers, on large cross-jurisdictional deals across asset classes, most notably in the aviation, shipping and offshore spaces. Its aviation finance team, one of the largest in Singapore, is adept at handling the entire spectrum of matters, including US and European ECA-backed financings, bond private placements, operating leases, and ground-breaking hybrid flip-leases, to name a few. Helmed by Saugata Mukherjee, whose expertise covers derivatives and structured products, the group has handled a host of refinancings, complex workouts and rent deferrals as a result of the pandemic. Gregg Johnston heads a shipping and offshore sub-group that is emblematic of the eclectic nature of the firm’s workflow. In addition to providing advisory and risk mitigation services, the team is frequently involved in cross-border financings, sale and leasebacks, restructurings and corporate matters across all sub-sectors including containers, tankers, bulkers, rigs, cruise and specialist vessels. Iain Young is a reference in this sector, having led on some of the most high-profile shipping and offshore transactions in Asia. Banking and finance partner Gregory Xu has notable strength in the maritime industry, which is also a particular area of focus for Pedram Norton. Another key individual for shipping finance, Jeffrey Tanner leverages his expertise in banking, finance, maritime and energy transactional matters to advise clients in this segment. Clement Leung is regularly seen in cross-border aviation finance mandates, an area in which Michelle Runagall-Orlić excels.

Singapore > Banking and finance: foreign firms

Although Stephenson Harwood LLP is best-known for its preeminent asset finance practice, many local and international banks, corporates and funds instruct it in mandates involving corporate, funds and sponsor-backed financings. Besides being a leading player in aviation and shipping finance, the group continues to pick up work in the areas of debt restructuring, refinancings and workouts, as well as corporate loans and trade finance, with a particular focus on key jurisdictions like Singapore, India, Indonesia, Myanmar and Malaysia. Asset finance specialist Gregory Xu ‘brings extensive multi-jurisdictional expertise, an outstanding ability to build consensus, and a constructive approach to all transactions‘.

Singapore > Shipping: foreign firms

(Next Generation Partners)

Gregory XuStephenson Harwood LLP

Stephenson Harwood LLP has a large team of long-term Singapore shipping specialists. It is highly rated for ship finance, shipping disputes and major restructurings and insolvencies in the shipping sector. It has built out its client base from a lender-oriented practice to one that has a much higher number of shipowners. It also represents a number of major Chinese lessors and is making a further impression in the commodities field. Gregg Johnston is a leading name in ship and offshore finance, along with distressed debt situations, restructurings and workouts. Iain Young is another senior practitioner in ship finance, along with younger name Gregory Xu, and Huay Yee Kwan is noted for PRC leasing matters. Michelle Yong and John Simpson are experienced practitioners in shipping and trade disputes. Pedram Norton was promoted to partner in May 2022. Managing associate Jeffrey Tanner also impresses.