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Rajan & Tann Expands Banking and Aviation Practices in Singapore

Rajah & Tann Expands Banking and Aviation Practices in Singapore
Rajah & Tann Singapore has bolstered its banking, finance, and aviation practice groups with the appointment of Michelle Zheng as partner. This strategic move aims to enhance the firm’s capabilities in transportation finance amid evolving industry demands and increasing complexity within the sector.
Strengthening Expertise in Transportation Finance
Michelle Zheng brings over 18 years of experience in aircraft and ship financing, complemented by her expertise in general banking, finance, and non-contentious ship financing. Her client portfolio spans local and international banks, financial institutions, export credit agencies, airlines, shipowners, charterers, and lessees. In her new role, Zheng will concentrate on transport-related financing and leasing matters involving aircraft, ships, and other assets, while also advising on broader banking and finance transactions, including both secured and unsecured lending.
Ng Kim Beng, managing partner at Rajah & Tann Singapore, emphasized Zheng’s extensive cross-jurisdictional experience and her familiarity with both traditional and emerging financing models. “Michelle’s expertise in advising on aircraft leasing for airline subsidiaries and leading large syndicated financings positions her well to help clients navigate the complexities of the sector,” Ng stated.
Navigating Challenges in Singapore’s Aviation Sector
The firm’s expansion coincides with a period of heightened competition and complexity in Singapore’s aviation industry. The charter sector, in particular, faces challenges related to taxation, tariffs, and talent acquisition and retention. Additionally, the Singapore government’s initiative to scale up the space sector is expected to generate new opportunities alongside regulatory challenges for legal advisors.
Despite broader regional economic downturns, Singapore’s industrial sector has maintained steady performance, providing a stable environment for Rajah & Tann’s growth. However, recent incidents, such as the China Eastern 777 crew missing a go-around call in Singapore, highlight ongoing safety concerns that may influence market sentiment and competitive strategies.
Ng noted that the growing demand for legal support in cross-border transport financing, especially within aviation and maritime sectors, has driven the firm’s expansion. He pointed out the increasing complexity of financing structures, including the rise of ESG-linked instruments and alternative leasing models, which present new challenges for clients and legal practitioners alike.
As Rajah & Tann continues to expand its presence in Singapore’s competitive legal market, the firm is positioning itself to meet the sophisticated needs of clients navigating a rapidly evolving transportation and finance landscape.

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