Ranked in 1 Practice Areas
2

Band 2

Ranked in Guides

About

Provided by Ian Mace

UK

Practice Areas

Ian is a partner and head of our ship finance group. He is an expert in the asset finance sector, specialising in ship, offshore and superyacht finance. Ian has broad experience of various financing transactions, from conventional debt, private equity and Islamic finance to leasing and restructuring. He provides quality advice in a commercial context with exceptional levels of service. Ian is recognised in The Legal 500 UK 2023 guide as a leading individual and in Chambers UK 2023 guide as a notable practitioner.

Ian has a wealth of experience in complex financing structures, including export credit backed new building financings, financing of receivables pursuant to pool agreement, seller's credit transactions, Islamic financings and sale and lease back transactions. He has also led teams involved in the disposal and acquisition of loan portfolios for a number of high profile financial institutions.

Ian acts for a mixture of financial institutions, ship-owners and operators, joint ventures, funds, private equity groups and shipbuilders in a broad variety of transaction types, which allows him to anticipate the issues that his counterparts will raise and enable him to offer commercial solutions.

Ian has been involved in the restructuring of a number of high profile financings in varying stages of distress, and has also advised in respect of a number of transactions that have involved enforcement action including the arrest and auction of vessels in a number of jurisdictions.

Highly regarded by his clients, Ian is commended for being sharp, quick on his feet, well prepared and able to argue any case clearly and convincingly. He has also contributed to the fourth edition of the leading ship finance industry handbook, Shipping Finance.

Ian is a core member of the Stephenson Harwood yacht and superyacht team and regularly advises on non-contentious matters in the sector.

Chambers Review

Provided by Chambers

UK

Asset Finance: Shipping Finance - UK-wide
2
Band 2

Ian Mace has extensive experience regularly working with financial institutions and ship owners on large transactions, including the sale and leaseback of oil tankers and vessels. He heads the global ship finance group at the firm.

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