Mr Richard Stock > Mayer Brown > Hong Kong, Hong Kong > Lawyer Profile

Mayer Brown
16-19F, PRINCE'S BUILDING
10 CHATER ROAD, CENTRAL
HONG KONG
Hong Kong

Work Department

Banking & Finance; Aviation.

Position

Richard Stock is a partner in Mayer Brown’s Hong Kong office. He is a co-leader of Mayer Brown’s Banking & Finance practice, and a leader of the firm’s Asset Finance team. He focuses his practice on the aviation industry, with over twenty-five years experience assisting airlines, lessors and financial institutions to document aircraft and aviation-related transactions.

Richard has extensive experience in advising on aircraft finance and leasing matters for both commercial and business aircraft as well as documenting the acquisition and disposal of aircraft. He has negotiated OEM documentation for the purchase of new aircraft with a total value exceeding USD 27 billion. Richard also advises airlines and lessors on the acquisition and disposal of portfolios of used aircraft.

Richard has a particular interest in airline operational matters, having advised airlines on long-term engine maintenance agreements and inventory technical management agreements with total revenues exceeding USD 7 billion.

In recent years, an increasing proportion of Richard’s practice has included advising investors on large, strategically important projects, including the establishment of new airlines, the re-purposing of existing airlines and the establishment of aircraft leasing platforms.

Chambers Asia Pacific (2018) noted that “He is famous in Asia as one of the most experienced aircraft finance practitioners.” And “He has strong commercial awareness and gets right to the point on issues.”

Richard is ranked Band 1 by Chambers (2011-2018) and Tier 1 by The Legal 500 Asia Pacific (2015-2018).

Career

Admitted in New Zealand, England and Wales and Hong Kong.

Languages

English.

Education

University of Canterbury, LLB.

Lawyer Rankings

China > Banking and finance: foreign firms

Mayer Brown‘s banking and finance practice is sought out for its comprehensive transactional offering, representing major PRC banks and Chinese SOEs across a wide range of sectors on leveraged and acquisition finance, bilateral and syndicated loans as well as financing for real estate, assets, and projects. The practice is led by Hong Kong-based Richard Stock, who also acts as the firm’s head of banking and finance in Asia. In Beijing, Hallam Chow handles asset-based finance including aircraft, equipment and facility leasing, and joint ventures in the energy and infrastructure sector. Boya Shen is noted for innovative acquisition finance deals, with a further emphasis on representing lenders, sponsors and investment funds on a range of projects.

Hong Kong > Structured finance and securitisation

Mayer Brown‘s Hong Kong team, which is headed by banking and finance partner Richard Stock advises issuers, sponsors and trustees across a range of derivatives and structured finance mandates. The firm’s entrenched banking ties lead to a significant flow of work, including as arrangers in structured asset backed lending (ABL) transactions, repackaging transactions and structured fund-linked financings, as well as in the context of regulatory advice. Vincent Sum is the main contact for derivatives and structured finance work.

Hong Kong > Asset finance (including aviation and shipping finance)

(Hall of Fame)

Richard StockMayer Brown

With deep and well-established roots in Hong Kong, and and an ability to leverage significant resources across Asia Pacific, Middle East, Europe and the US, Mayer Brown is well-positioned to advise a broad spectrum of stakeholders in both the aviation and maritime sectors across a myriad of often complex multi-jurisdictional financing and leasing matters. Richard Stock heads up the aviation finance practice and utilises his deep knowledge and experience in the space to provide very effective advice to clients, including lessors and airlines, as they seek to navigate the challenges posed by the huge reduction in demand, particularly in China and Hong Kong. Counsel Evelyn Lok is also a key member of the team, both on the commercial airline front, as well as in relation to corporate and private jet financings, where she regularly advises international banks providing the financing to facilitate new and used corporate jets. Conor Warde heads up a ‘very strong’ maritime finance offering that has market traction with a myriad of lessors, banks and ship owners. Maggie Cheung is also a pivotal member of the team and is particularly well-versed at handling PRC-related transactions.

Hong Kong > Banking and finance

Led by asset finance expert Richard Stock , the team at Mayer Brown – which includes a sizeable presence both on the Mainland and in Hong Kong – provides advice to a bank-focused client base across a range of inbound and outbound China-related transactions. As well as aviation-related matters, the team is also well versed at handling new money and refinancing mandates within the real estate and energy sectors, including in the context of syndicated and bilateral loans. Other key contacts include Doos Choi, who is well versed at handling leveraged/acquisition finance, fund finance and margin loans, and Francis Chen , whose creditor-side financing expertise includes work on highly structured mandates, ABL facilities, in addition to sustainability-linked financings.