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 team advises lenders and borrowers on the full spectrum of banking and finance transactions, including leveraged and acquisition finance, and bilateral and syndicated loans. Richard Stock, who has longstanding experience in assisting airlines, lessors and financial institutions with aviation-related transactions, leads the banking and finance practice in Asia from Hong Kong. Former Beijing partners Hallam Chow and Boya Shen departed in September 2023 to join Haiwen & Partners.

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

(Hall of Fame)

Richard StockMayer Brown

With an ‘outstanding understanding and knowledge of the industry and industry players in Asia’, the team at Mayer Brown serves as a trusted adviser to major airlines and financiers across the aviation and shipping sectors, handling a broad spectrum of work encompassing multi-jurisdictional aircraft and ship leasing transactions, export financing, as well as aviation dispute management, litigation, and arbitration matters. Richard Stock leads the aviation finance practice, representing clients in a range of proceedings seeking to navigate the challenges and opportunities in the aftermath of the pandemic within the aviation market, especially in China and Hong Kong. Counsel Evelyn Lok is another key team member, contributing not only to the commercial airline aspect but also to corporate and private jet financings. In the latter role, Lok regularly advises international banks providing financing for new and used corporate jets. Hallam Chow advises both Chinese and international lenders and borrowers in outbound and inbound aviation asset finance transactions. Following Conor Warde’s departure to CMS in February 2023, Maggie Cheung has taken the helm of the maritime finance offering. Cheung is particularly well-versed in handling PRC-related transactions within the realm of ship finance and leasing.

Hong Kong > Structured finance and securitisation

Mayer Brown‘s Hong Kong practice is the go-to choice for a wide range of corporates and financial institutions seeking expertise across a broad spectrum of high-value derivatives and structured finance matters. The team handles a diverse portfolio, including intricate repackaging transactions, structured fund-linked financing, regulatory concerns, and multi-jurisdictional matters, with a notable focus on serving China-based multinational and local clients, an area in which the group has been notably active recently. Standing at the helm is Richard Stock, an accomplished banking and finance lawyer, while Vincent Sum oversees derivatives and structured matters, serving as a primary contact for major international and China-based banks.

Hong Kong > Banking and finance

Praised as ‘professional and responsive‘, Mayer Brown‘s Hong Kong office has developed a market-leading reputation representing major Chinese companies on the full spectrum of banking and finance transactions. A significant proportion of the deal flows relates to syndicated lending mandates, including in the context of acquisition, asset finance, as well as within the real estate and energy sectors. The team focuses its attention particularly on the aviation industry, and practice head Richard Stock has led on many of the firm’s high-profile matters relating to assisting airlines, lessors and financial institutions to document aircraft and aviation-related transactions. Francis Chen is also a key contact for international banks and corporates in cross-border financing structures, and his recent highlights include advising HSBC on a variety of sustainable-linked loans facilities. Fanny Wang retired in April 2023.