Mourant wins ‘Overall Deal of the Year' at Airfinance Journal Awards
03 May 2019
Leading global offshore law firm, Mourant, has won the ‘Overall Deal of the Year' award at the 2018 Airfinance Journal Awards for its work on a US$2.21 billion deal involving two of the world's biggest players in the aircraft leasing industry.
Partners Danielle Roman and Chinyin Johnston led the Mourant team advising ORIX Aviation on the Cayman legal aspects of its acquisition of a 30% stake of Avolon Holdings Ltd., the world’s third largest aircraft lessor by fleet size.
The Airfinance Journal Awards are the oldest and most prestigious aviation finance awards. In the ‘Overall Deal of the Year' category, the judges considered various factors including innovation, overcoming obstacles and complexity. They also asked if the transaction created a new market benchmark.
Mourant Hong Kong Partner, Danielle Roman, said: "Our unique global perspective allowed us to provide a seamless service on the corporate and aviation aspects of this complex acquisition, across multiple jurisdictions and time zones. It marks one of largest overseas investments ever made by ORIX and is testament to our position as a genuine market leader in the aviation sector."
Mourant London Partner, Chinyin Johnston, commented: "Our global banking and finance team work on some of the highest profile and most innovative aircraft financing transactions in the market and we're proud to have once again been recognised by Airfinance Journal in a way that reflects this."
The win was announced at an awards dinner at the Metropolitan Club, New York, on Thursday 2nd May, 2019.