The Transport Finance Law Review - Edition 2

Harry Theochari
  • Editor:
  • Harry Theochari
  • Norton Rose Fulbright LLP

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The Transport Finance Law Review is intended to provide the industry with a guide to transport finance today, in each of the key jurisdictions globally in which aircraft, rolling stock and ships are financed.

Traditional asset finance, in the form of bank debt, has long been the mainstay of the transport sector. It is apparent, however, that debt finance alone is no longer sufficient to meet the needs of the global aviation, rail and shipping sectors. As a result, the transport finance sector is undergoing a revolution, requiring its legal advisers to respond by providing clients with a far broader set of legal skills and market knowledge than was previously required.

We have sought contributions from those jurisdictions which play a leading role in the financing of transport assets. Each chapter provides an overview of the transport finance industry in these jurisdictions, with an analysis of how key lenders have changed over the past five years and how the financing of assets has developed as a result. Contributors have provided an overview of the legislative framework for transport finance and financial regulation affecting lenders to the transport sector. Authors have also been asked to review any significant innovations and notable recent and pending financings and cases, and to provide assessments of how the transport sector is likely to continue to develop in their markets. 

About the Editor

Harry Theochari is a shipping and asset finance lawyer based in London, where he is the firm’s global head of transport. He is experienced in international shipping finance and has wide experience of syndicated facilities, OECD and export credit-based financings, structured financings, private equity and capital market transactions.

Mr Theochari is highly regarded in international shipping finance and has been involved in some of the most innovative ship finance structures of recent years, for both new-building and second-hand vessels, oil rigs, platforms and other floating structures all over the world.

He has been named by Lloyd’s List as the most influential shipping lawyer in the world and by Tanker Shipping and Trade as one of the most influential people in the tanker industry. Mr Theochari is cited by Chambers Global 2016 as a leading individual for asset finance and for shipping finance, and is ‘hailed for his depth of experience in shipping matters’.


The publisher acknowledges and thanks the following for their learned assistance throughout the preparation of this book:

Compliance of Tax Lease Financings with the European State Aid Regime

  • Christine Ezcutari, Dylan Damaj and Yann Anselin
  • Norton Rose Fulbright


  • Pablo Rueda and Guido Mariano Vázquez Vega
  • PAGBAM (Perez Alati, Grondona, Benites, Arntsen & Martínez de Hoz)


  • Carlos Rameh, Marcelo Rodrigues, Paulo Mattar Filho and Renata Iezzi
  • Basch & Rameh Advogados Associados

Cayman Islands

  • Richard Munden, Nick Dunne and Elaine Anderson
  • Walkers


  • Morten L Jakobsen
  • Gorrissen Federspiel


  • Shardul J Thacker
  • Mulla & Mulla & Craigie Blunt & Caroe


  • Anna Masutti, Claudio Perrella and Pietro Nisi
  • LS Lexjus Sinacta


  • Norio Nakamura and Taichi Hironaka
  • Yoshida & Partners


  • Michael Cuschieri, Tonio Fenech and Christian Farrugia
  • Fenech Farrugia Fiott Legal


  • Pedro Velasco, Leonel Pereznieto and Christian Dorantes
  • Creel, García-Cuéllar, Aiza y Enriquez SC


  • João Anacoreta Correia, Maria João Dias, Ricardo Gaspar Dias, Sara Cabecinha and Eduardo Souto de Moura
  • Uría Menéndez – Proença de Carvalho


  • Alexander Mednikov
  • Jurinflot International Law Office


  • Tomás Fernández-Quirós and Carlos López-Quiroga
  • Uría Menéndez


  • Maria Chambers, Jörgen Almelöv and Niclas Martinsson
  • Setterwalls Advokatbyrå AB


  • Ümit Hergüner, Burcu Başar and Zeynep Ahu Sazcı Uzun
  • Hergüner Bilgen Özeke Attorney Partnership

United Kingdom

  • Kenneth Gray, Richard Howley and Tom Johnson
  • Norton Rose Fulbright


  • Brad L Berman
  • Norton Rose Fulbright

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The Law Reviews are high-quality, hardback books published annually by Law Business Research Ltd.

The contributors to the series are all carefully selected local experts in their fields of practice.


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