Air transportation is a vital contributor to global development and economic growth.
Airlines and airports face enormous challenges - escalating costs, fluctuating volumes in air traffic for passengers and freight, constraints on revenue growth, tighter capital markets, climate protection constraints and uncertainty surrounding aerospace and defence budgets.
However, there have also been positive developments in the market – the over-capacity of the world’s airline industries has been reduced, new business models have been developed, and the aviation industry is establishing a more agile infrastructure to provide increased operating efficiency.
Clifford Chance's internationally renowned Aviation Group – a frequent advisor on headline deals across the world – has worked with all parties in the aviation industry for more than 30 years. Our team is well placed to support clients looking to achieve efficiency and differentiation in these challenging times.
A first-class Aviation team to support our clients' global needs
Assisting a diverse range of clients – banks, arrangers, finance and operating lessors, investors, airlines, governmental authorities and manufacturers – has given us clear insight into the requirements of transaction parties as well as an in-depth knowledge of the aviation market. Lawyers from our Antitrust/Competition, Corporate, Capital Markets, Projects, Tax, Insolvency, Regulatory and Litigation practices work together to achieve our clients' objectives.
Our clients draw on the experience of a global Asset Finance practice, which forms part of Clifford Chance's global Transport & Logistics Group and brings together product and industry knowledge to advise clients on their most complex transactions.
The logistics industry is a rapidly changing sector.
The transportation and distribution business is a vast global industry, and the framework to manage the flow of goods, information and other resources around the world requires and utilizes increasingly complex information, communication and control systems.
Ongoing developments in technologies and collaboration to manage all aspects of the global supply chain indicate that the logistics industry will only strengthen in the coming years. Advising clients in this sector on all aspects of transport and logistics law, Clifford Chance's global scope and interdisciplinary approach to providing legal advice helps clients efficiently manage the flow of goods, information and other resources as appropriate, wherever those clients operate.
Helping clients deliver business smoothly and efficiently is our priority
Clifford Chance's global Transport & Logistics Group helps clients achieve their strategic objectives in their target growth markets, drawing on the expertise of lawyers across all practice areas and offices to support our clients' activities around the world.
We regularly work on behalf of and with market leading logistics companies such as AP Møller-Maersk, DHL, Penske, ProLogis, SCA Packaging, SITA, as well as banks and leasing companies in the sector. Accordingly, we are familiar with all aspects of logistics management, third-party logistics and production logistics, and have supported our corporate and financial institution clients through the regulatory transformation and industry restructuring of recent years.
The rail industry is prepared to make sizeable investments in the coming years to meet the needs of the 21st century.
The global rail industry has not been immune to recent challenges, such as the crisis in the financial markets, the slowdown in the manufacturing sector across many industries, and shifts in global trade. In this environment, meeting increasing demand for freight and passenger transportation poses a series of challenges.
With an anticipated US$300 billion being invested globally to upgrade, expand and initiate railway networks, the rail industry needs to solve substantial business issues, such as capacity and congestion, operational efficiency and reliability, structural and competition issues, and safety and security.
Clifford Chance's Rail Industry Group works with its clients locally and internationally to help them address these issues, drawing on industry knowledge gained from our regular involvement in some of the most important, innovative and complex projects in this sector.
Offering clients the benefit of a leading Rail Industry Group
Clifford Chance's dedicated, cross-practice Rail Industry Group – part of our global Transport & Logistics Group – comprises a team of leading professionals in the field who have worked extensively in the rail industry in the UK and internationally and offer clients an in-depth knowledge of the rail sector and projects market.
We advise on both heavy and light domestic and international projects and act for governments/public sector entities, infrastructure operators, passenger rail operators, project sponsors, banks and financial institutions, leasing companies and equipment manufacturers. Members of our Rail Industry Group have worked on a number of significant rail-related projects, including the British Rail privatisation and the majority of major UK rolling stock new-build projects since then.
Private finance and the public sector
Clifford Chance is a recognised market leader in PFI/PPP projects that invariably need strong legal counsel to achieve workable structures to meet the needs of all concerned. Our lawyers advise on domestic and international transactions, providing legal services to project sponsors, financial institutions and advisers, consortia, independent contractors and governmental bodies.
The shipping industry is in the process of transformation.
The shipping industry is interlinked with the state of the global economy which, in recent years, has had a major impact on the sector. Increasing operating costs and declining profits resulted in the shipping industry refining its processes.
Although the fundamental outlook for the global shipping industry is stable, liquidity remains a discriminating factor. Clifford Chance's dedicated Shipping Group works with ship owners and finance parties to support their activities and meet the challenges they face in today's market.
A long-established shipping group
Clifford Chance's long-established Shipping Group – part of our global Transport & Logistics Group – advises shipping companies and financial institutions across the full spectrum of shipping markets. The dedicated practice, which handles corporate and commercial shipping matters and ship finance work, commodities and international trade work, specialises in offshore oil and gas matters and the more complex structured financings.
Clifford Chance is the only law firm in the world which regularly documents transactions in all current major equipment financing markets and we have extensive experience dealing with many of the major export credit agencies in respect of a wide range of shipping assets.
Transportation infrastructure is essential to our clients’ business.
Critical physical and commercial infrastructures are crucial to enable our clients to carry out their business in the transport and logistics sector, from power grids and waterways to transportation systems and telecommunications.
There is a projected demand in transportation infrastructure over the next decade to allow goods and people to circulate more quickly and easily around the globe, and to fulfill countries' economic and social potential. Ensuring the efficiency and sustainability of these transport networks into the future is key and requires significant investment.
Working from a detailed understanding of the infrastructure sector and its trends, Clifford Chance's Transport & Logistics Group advises on the complex legal, commercial and technical aspects associated with these and other legal issues relating to the transportation infrastructure sector worldwide.
An outstanding reputation in the transportation infrastructure sector
Clifford Chance has an outstanding reputation for assisting a diverse range of clients seeking to develop, enhance and maintain infrastructure. We advise on all aspects of groundbreaking, headline projects relating to airports, marine ports, roads and railways around the world.
Working with our award-winning Energy & Infrastructure Group, our global Transport & Logistics Group regularly represents major players in all areas of transportation infrastructure across the globe, including:
- Sponsor companies (from minnows to supermajors)
- Project companies
- Commercial lenders, development banks, international financial organizations and export credit agencies
- Suppliers, purchasers and contractors
In addition, the firm is an acknowledged global market leader in complex projects, including private public partnership (PPP) projects.
The transport and logistics industry is central to the evolution of an efficient global marketplace. It is also an industry with evolving legal and regulatory demands requiring advice and counsel that looks beyond the borders of a single country.
While trying to gain a competitive advantage in this sector our clients face tightening regulatory structures, an increasing need for innovative financing techniques, and escalating liability and insurance risks. It is becoming increasingly important to be aware of the latest legal developments, especially when crossing borders.
Through our work with leading transport and logistics companies, their advisers and their suppliers, we have developed the industry knowledge required to provide specialised support. As an interdisciplinary group with a global presence, we can field an informed and highly qualified team of lawyers in major markets around the world.
Delivering industry knowledge and innovation
Our Global Transport & Logistics Group brings together approximately 100 partners and 300 fee earners from core practices across an international network. Working together, they provide advice and solutions on all aspects of:
Our clients have access to:
A dedicated and world class Transport & Logistics team led by partners who for many years have used their knowledge of the sector's business dynamics, its major players, and critical business drivers to advise a wide variety of stakeholders on transport and logistics transactions.
A team with a proven track record of successfully advising on some of the highest profile transactions in the transport and logistics sector.
Legal services tailored to, and specifically focused on, our clients' individual needs on a specific transaction.
A global reach – which enables us to deliver specialist legal advice anywhere in the world while also allowing us to deliver the local know-how required, coordinated seamlessly, and to the standards expected of one of the world's leading law firms.