(NEW YORK – May 30, 2017) – Global law firm Reed Smith has received the accolade of Law Firm of the Year at the Lloyd’s List Americas Awards, held on May 25, 2017 at Cipriani, New York. The award recognizes the law firm with a presence in the Americas that has offered the best service to the maritime industry over the past 12 months, based on successes in the areas of restructuring, dispute resolution or finance. Reed Smith advised on the some of the most innovative and high-profile shipping transactions and disputes in the market from its offices in New York, Houston and Washington D.C., while leveraging the firm’s global platform to provide value to clients on a worldwide basis.

Related Professionals: Greg Chase

Hosted by Lloyd’s List, an authority on maritime news since 1734, the awards highlight excellence and leadership in the shipping and maritime industry. The awards were decided by an independent panel of expert judges, and the ceremony was attended by over 300 key contacts from the U.S. shipping community.

“We are honored to be recognized by Lloyd’s List for the quality of our maritime and shipping transactional practice in the Americas; we are among the fastest growing firms in this area, and with our broad expertise and geographic reach, we have been advising our clients on some of the most significant matters in the market,” said Greg Chase, partner in the firm’s Shipping Group based in New York.

Reed Smith has served the maritime industry since 1925 and today has a thriving shipping practice in New York, Washington, D.C., and Houston as well as in London, Dubai, Paris, Athens, Hong Kong and Singapore. The firm has an extensive maritime offering in the U.S., with capability not only in the full range of traditional U.S. ship finance and litigation disciplines, but also in capital markets, private equity, secondary market loan transactions and structured finance, restructuring, bankruptcy and regulatory compliance (including sanctions). 

The Reed Smith shipping practice advised on some of the most high-profile deals in the sector during 2016, including representing a Delaware limited liability company, as buyer and borrower, in connection with the purchase and financing of over 50 Jones Act vessels and acting for a major U.S. retailer in connection with issues arising from the bankruptcy of Hanjin, particularly in connection with delivery of cargo. The firm remains fully committed to the industry and has grown in size and scale, establishing itself as a trusted advisor in the marketplace for complex, innovative and high value deals.

About Reed Smith

Reed Smith is a global law firm with more than 1,700 lawyers in 27 offices across Europe, the Middle East, Asia and the United States. 

The firm’s five main industry sectors are financial services, energy and natural resources, entertainment and media, shipping and life sciences. 

For further information, please visit www.reedsmith.com or contact April French (PR and communications manager) on +44 (0)20 3116 2557.