Stephenson Harwood stands out for its experience in restructurings and insolvencies in the transportation and offshore sectors. With a major focus on creditors, it has advised a number of banking clients on a series of recent workouts, restructurings and enforcements of shipping finance transactions. The firm is also noted for advising creditors in funding sales, shipping losses and enforcement rights when insolvencies arise. It has represented creditors in two of the largest insolvency cases in Singapore; Agritrade International and Hin Leong Trading/Ocean Tankers. The firm also has a significant market share of maritime sector restructurings in Southeast Asia and has seen further growth in aviation industry restructurings. Gregg Johnston is a leader in shipping and offshore financings, which frequently leads to engagements in restructuring and workouts, loan portfolio sales and enforcement work. Huay Yee Kwan focuses on representing PRC lessors in the restructuring and insolvency arena. Michelle Yong and Pedram Norton provide further expertise in maritime, trade and offshore restructurings and insolvencies.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Key clients

  • Standard Chartered Bank
  • ING Bank
Practice head

Gregg Johnston

Other key lawyers

Huay Yee Kwan; Michelle Yong; Pedram Norton