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Stephenson Harwood LLP

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Beijing, Dubai, Hong Kong, London, Paris, Piraeus and 4 more

Michelle Runagall-Orlić

Work +65 6622 9672
Stephenson Harwood

Work Department



Michelle is a finance lawyer with specialist expertise in the aviation sector. She has extensive experience on cross-border aviation financing, acquisition and leasing transactions. Her transactional experience in the aviation sector includes working on export credit agency-guaranteed financings, capital markets issuances, syndicated debt, OEM contracts, sale and leasebacks, novations, refinancings, private jet acquisitions and financings, helicopter financings, charter arrangements, satellite financings and Japanese operating leases.

While she has focused on the aviation sector, Michelle has also worked on debt capital markets and banking and structured finance transactions, principally in the transportation sector.

Singapore: Asset finance

Asset finance – Foreign firms

Within: Next generation lawyers

Michelle Runagall-Orlić - Stephenson Harwood LLP

Within: Asset finance – Foreign firms

Stephenson Harwood LLP's team, which is led by practice head Gregg Johnston, is 'at the forefront of ship finance'. The team counts major shipping, offshore companies, shipyards and insurers among its clients as well as energy service companies and oil and gas businesses. Saugata Mukherjee has expertise in structured and asset finance in the shipping and aviation sectors and led advice to the China Development Bank on the financing for the building of six LNG carriers in respect of a joint venture between Teekay LNG Partners and China LNG Shipping. Martin Green and Iain Young, who founded the firm's practice in Singapore, are seasoned asset finance practitioners and of counsel Michelle Runagall-Orlić, who has a focus on cross-border aviation financing, acquisition and leasing transactions, is also a name to note. The team advised BW LPG on a $150m term loan to refinance its existing revolving credit facility, which was raised from a number of banks including ING Bank and Development Bank of Japan. Other work includes assisting with the acquisition finance for a floating storage and regasification unit, where the group worked with colleagues in the firm's London and Hong Kong offices.

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Legal Developments by:
Stephenson Harwood

  • Companies should plan now to minimise their pension protection levy

    The amount that pension schemes have to pay to the Pension Protection Fund (PPF) for the year 2006/07 may have increased by as much as five times the previous year's levy. Employers who ultimately bear the cost of many pension schemes will need to make plans now to ensure the levy payable for the year 2008/09 is kept to a minimum.
    - Stephenson Harwood

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