Nick is a Senior Associate in the Aviation Finance department at Clyde & Co. He is an experienced aviation finance lawyer acting for leading airlines, aircraft finance banks, owners and other market participants on finance, leasing and sale and purchase transactions relating to all types of commercial and business aircraft.
Nick has experience in the financing and leasing of commercial and business aircraft and helicopters. His experience includes export credit supported financings, finance and operating lease transactions, pre-delivery payment financings, tax-based leases and financings (including French, Italian and Japanese tax structures), manufacturer supported financings and warranty arrangements, asset value guarantees and sale and purchase transactions. He also advises airlines on "power by the hour" and maintenance arrangements (including performance guarantees) with original equipment manufacturers.
Over the past year, Nick has acted on several award-winning transactions including:
- Airline Economics 2018 Lease Deal of the Year: acting for Turkish Airlines on the CACIB-arranged French tax lease financing of a Boeing 777F aircraft with ICBC credit support;
- Global Transport Finance 2018 Aircraft Tax Lease of the Year: acting for Royal Air Maroc on the AFIC-supported French tax lease financing of two Boeing aircraft; and
- Airfinance Journal 2018 Operating Lease Deal of the Year: acting for airBaltic on the sale and leaseback of two Airbus A220-300 aircraft (formerly the CSeries CS300) with Avation.
Nick also acts for financiers, owners and operators in the business jet market, advising on the purchase, financing, operating and tax arrangements for such aircraft.
In addition, Nick advises banks and lessors on issues relating to the repossession of aircraft and engines in various jurisdictions, with particular expertise in relation to liens and detention rights affecting aircraft.
Nick was named in Expert Guides' Rising Stars publication (Aviation category) in 2018.
Nick joined Clyde & Co in 2015, having previously worked for several years in the asset finance team at another firm in London.