9 February 2012
Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it has strengthened its aviation practice in Asia with the strategic relocation of structured asset finance partner Siva Subramaniam, transferring there from the London office.
This is a further boost for the practice which has seen a period of recent rapid growth: in the last year, four new partners and several associates have joined the firm’s aviation practice globally. The Asian aviation market is a key area of growth for the firm.
The team recently advised Singapore Airlines on the sale and leaseback for Lloyd Fonds for an Airbus A380 – the world’s largest passenger airline – via a $74m bridge loan and $111m senior debt from three banks. The team continues to advise a broad client base on a range of complex transactions.
Subramaniam has expertise in financing, operating leasing, tax leasing and structured finance, for large-ticket assets including aircraft (both corporate and commercial). His clients include export credit agencies, financial institutions, operating lessors and a number of airlines.
Chris Lowe, partner and head of the Singapore office, comments: “We are delighted to welcome Siva whose skills and experience will enhance our finance practice and in particular our aircraft finance capability in Asia”.
Rex Rosales, partner and head of Aviation Sector Group comments: “Asia is a key market for aviation and Siva’s move to the region demonstrates WFW’s commitment to the aviation sector in that region.”
Siva Subramaniam comments: “It is a great opportunity for me to transfer from London to Singapore and be involved in the continued development of the asset finance practice. I look forward to working with my new colleagues and the Asian aviation industry and contributing to the growth of the firm’s business in Asia”.