Skip to content

Norton Rose Fulbright

Asset Finance

11 ranked lawyersBand 1UK-wideUK 2022 View ranking table

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Houses a deep bench of practitioners who provide leading expertise in shipping finance, and significant ability in rail and aviation financing matters. Regularly acts for clients, including banks, financial institutions, ship owners, airlines and ROSCOs, on complex cross-border deals, including EETCs, JOLCOs and portfolio transactions. Developed a market-leading practice in rolling stock franchising and train procurement. Also offers expertise regarding the AFIC aircraft non-payment insurance product.


Clients note: "The firm provides quality and diligent work, and thanks to their scale they are able to provide a complete range of services by specialties and geographies."

Another source says: "The team showed an impressive dedication and were always available, constructive and a source of high-quality advice. They are able to deliver under incredibly short notice high-quality and complex documents. They take care of their clients and remain always solution-driven - Norton Rose Fulbright provides an outstanding level of advice."

Clients also remark: "The team are client-oriented, proactive and able to seamlessly organise cross-border matters."

Work highlights

Advised easyJet on the sale and leaseback of 56 of its Airbus A320 NEO family and A320 CEO family aircraft.

Acted for KfW IPEX-Bank in relation to a number of Hermes-backed debt holidays to assist clients in the cruise sector managing their liquidity needs throughout the ongoing COVID-19 pandemic.

Advised the Lagos State Government on a USD200 million bridge loan from Africa Finance Corporation in connection with the delivery of the Blue Line Metro PPP project.

Notable practitioners

Global head of the firm's aviation group, Duncan Batchelor is recognised for his expertise in a host of aviation transactions. He has considerable knowledge of restructurings and financings, among other matters. 
"Duncan impressed me not only with a very comprehensive and in-depth understanding of already established financing structures, but also with his ability to conceptualise complex new structures and draft agreements and documents accordingly. I also appreciate his very strong negotiating skills, his ability to make complex legal issues understandable to non-legal people and the fact that he always has an eye for commercial and financial aspects of his clients." "Duncan Batchelor is an excellent lawyer, possessing a very sharp mind and lots of experience relevant to our industry."

Eleanor Martin advises on shipping finance matters with particular expertise in those related to offshore equipment. She is well placed to handle cross-border project financings.
"Eleanor Martin is a very strong partner and has an ability to jump in and correct or provide guidance on a process when needed. She is readily available and her friendly and open personality makes it easy to reach out to her." "She is very calm and easy to deal with."

Giles Brand focuses on asset finance work and is best known for his capabilities in the aviation sector. He often handles financing and leasing matters.

Senior consultant Harry Theochari has substantial experience in shipping finance including portfolio purchases and financing of vessels.
"Harry is a well respected ship finance lawyer."

Owen Mulholland acts on JOLCO financings, sale and leaseback of aircraft, and structured financings. His clients include airlines, lessors and banks.
"Owen Mulholland has a wealth of knowledge in all aspects of aircraft financing with a particular strength in dealing with complex aircraft purchase agreements." "He is a commercial and sensible lawyer."

Richard Howley acts for banks and lessors on cross-border shipping transactions. He has notable experience advising on the sale and leaseback of vessels and the refinancing of LNG carriers.
"Richard Howley has a huge amount of knowledge in ship financing and is very pragmatic." "He is excellent, calm and he gets things done."

Simon Gwynne is an experienced banking lawyer with first-class knowledge of the rail sector. He has experience advising clients on rolling stock, structured financing and M&A.
"Simon Gwynne is a very practical and top-class lawyer."

Global co-head of the shipping group at the firm, Simon Hartley has specialist knowledge of the shipping industry and often advises on lending and leasing matters. He works with shipping companies and banks, among other clients.
"Simon is incredibly commercial in his viewpoint, practical and strategic." "Simon Hartley is a stalwart of shipping finance." "He is absolutely excellent and the benchmark of the industry. He is one of those guys who knows his stuff and just does a good job. He is very pragmatic and thoughtful."

Simon Lew is a key partner at the firm and well versed in handling structured asset finance matters. He regularly advises on cross-border shipping matters.
"Simon  Lew is a very good leasing lawyer."

Tom Johnson is global head of rail at the firm and has significant experience advising clients on asset finance. He has specialist knowledge of rolling stock acquisitions, and financing and purchase agreements. 
"Tom has the ability to understand the commercial drivers for clients and other parties in transactions, given his broad experience working across the rail industry."

Will Alete advises clients on aircraft-related deals. His expertise covers financing and leasing transactions.
"Will Alete is very impressive, really easy to deal with, pragmatic and very on top of the work and on top of the deal. Whichever bit of the deal he was focusing on you felt it was going to be resolved in a practical way."

This page contains Chambers Research content only

Ranked departments can:
  • License the use of Chambers content
  • Access Research Analytics
  • Tailor profile information

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.


Asset Finance: Aviation Finance

Duncan Batchelor
Band 2
Giles Brand
Band 4
Owen Mulholland
Band 3
Will Alete
Up and Coming

Asset Finance: Rail Finance

Simon Gwynne
Band 1
Tom Johnson
Band 2

6 of 11 results