Chambers Review

Provided by Chambers
Shipping: Finance - Asia-Pacific Region
3
Band 3
What the team is known for

Reed Smith is an impressive law firm with a strong regional foothold in both shipping disputes and finance, with a presence in Singapore, Hong Kong and Mainland China and expertise beyond this in Japan, South Korea and Indonesia. It continues to be mandated on high-profile casualties, collisions and dry disputes including shipbuilding contracts and bills of lading, while its financing capabilities span secured and unsecured loans, leasing deals and debt restructuring. The firm is regularly entrusted by market-leading charterers, ship owners, P&I clubs and offshore and commodities companies. It is well placed to assist on cargo claims and claim enforcement.

Notable practitioners

Key points of contact are Li Lianjun in Hong Kong and Peter Glover in Singapore.

Work Highlights

Provided by Reed Smith LLP
  • Reed Smith acted for China COSCO Shipping with regards to a USD136 million financing transaction with the Bank of Communications Financial Leasing for around 80,000 containers.

  • Reed Smith advised The Alliance in relation to  the European Commission's consultation regarding the renewal of the Consortia Block Exemption Regulation (CBER) and on general EU competition compliance issues.

Strengths

Provided by Chambers