Clement Leung > Stephenson Harwood LLP > Singapore, Singapore > Lawyer Profile

Stephenson Harwood LLP
8 Marina Boulevard #29-01
Marina Bay Financial Centre Tower 1
Singapore 018981
Singapore

Work Department

Finance

Position

Clement is a managing associate finance lawyer with a particular focus on aviation, derivatives and structured finance.

Career

Clement is an experienced structured finance lawyer. His experience in the aviation sector includes leading commercial and export credit agency guaranteed financings, portfolio sales, leases, lease novations, refinancings and Japanese operating leases. He has advised banks, lessors and airlines on various aspects of aircraft financing and leasing transactions involving multiple jurisdictions. He has advised Lion Air Group and its subsidiaries on its aircraft fleet portfolio restructuring and transfers. More recently, he advised Singapore-based Transportation Partners on the restructuring of the Lion Air Group involving more than 200 aircraft and 50 lessor groups to deal with the financial impact of the Covid-19 pandemic on the airline group.

Of particular value is Clement’s ability to advise on, negotiate and execute the hedging aspects of aviation finance transactions which is unique to the industry. He has over a decade of experience advising on ISDA Master Agreements and other derivative agreements, including advising various lenders and borrowers on interest rate swap and cross currency swaps, a global energy and commodity group on gold derivatives and a leading energy provider on energy and carbon derivatives.

Lawyer Rankings

Singapore > Asset finance: foreign firms

(Rising stars)

Clement LeungStephenson Harwood LLP

Stephenson Harwood LLP’s structured and aviation finance, shipping and offshore finance team advises a range of major financial institutions, banks, lessors and lessees, on contentious and non-contentious matters. It has seen numerous restructurings and refinancings alongside lease work, sales and purchases, and portfolio management in the aviation space. Saugata Mukherjee is praised for his ‘unparalleled depth of aviation industry knowledge‘, and Clement Leung is recommended for advising on the hedging aspects of aviation finance transactions. Piloted by practice co-head Gregg Johnston, the team handles a broad mix of multi-jurisdictional complex transactions including sustainability-linked loans, restructurings, and disputes. Gregory Xu, with over 15 years of experience in the maritime sector, excels in complex financing and restructuring issues. Huay Yee Kwan is noted for her expertise in PRC leasing, together with Pedram Norton and Jeffrey Tanner, who bring further depth and breadth to all aspects of ship and offshore finance.