Contact details

Michelle Ayed

T: +971 4 407 3929 M: +971 56 891 8471 Email Michelle | Vcard Office: Dubai

Michelle Ayed Senior associate

Contact details

Michelle Ayed

Michelle Ayed
Senior associate

T: +971 4 407 3929 M: +971 56 891 8471 Email Michelle | Vcard Office: Dubai

Michelle works in the firm's finance group. She specialises in asset finance, particularly within the aviation and shipping sectors acting for lenders, owners, charterers, lessors and commercial airlines in connection with the financing, sale and purchase or leasing of vessels and off-shore units, private jets and commercial aircraft.
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  • Sectors
She has a broad based experience of working in several jurisdictions in a wide range of financing structures including export credit financing, Shari'a compliant financing, sale-and-lease-backs and finance and operating leases for both new and used aircraft. She has significant experience with commercial aircraft and private jet financings.  

Michelle qualified in 2009 into our Paris office as an English qualified associate after training with Freshfields Bruckhaus Deringer in London. She has recently moved in 2015 to the Dubai office as a senior associate and is fluent in English and French.
"We really appreciated the accuracy of her legal advice and her full dedication to successfully closing transactions despite their complexity"
  • Aviation finance
  • Shipping and offshore finance

Air Côte d’Ivoire

Advising Air Côte d'Ivoire on the financing, negotiation and signing of leases in relation to its fleet of aircraft and recently, the purchase of aircraft from Bombardier.

Al Sahaab Aircraft Leasing and Jazeera Airways

Advising Al Sahaab and Jazeera Airways in relation to the purchase and financing (including ECA backed financings) of their fleet of aircraft.

Credit Suisse

Advising Credit Suisse on the financing of private jets with the form of loan financings, and leasing including Islamic finance. 
More: Aviation finance
Acting for the lenders in the refinancing of three Floatel semi-submersible accommodation vessels to be employed in the North Sea (aggregate value of the transactions US$650 million).

Acting for the lenders in the financing of and acquisition of, five medium range petroleum product tankers for APICORP Petroleum Shipping Fund (Shariah compliant Fund, established by APICORP and co-managed by Tufton Oceanic, is the first investment fund to be established by APICORP and is also the first Fund in the Middle East aimed at a specific vessel category) (US$105 million).

Acting for lenders in the Kexim financing of three vessels for United Arab Shipping Company (US$350 million).
More: Shipping and offshore finance
  • Aviation
  • Shipping


Advised on a range of cross border financings for airlines and financial institutions including ECA backed and Shari'a compliant financings.


Drafting and negotiation of operating and finance leases for both new and used aircraft independently and in connection with larger financing structures.

Corporate jet financing

Working for business jet financiers and owners in relation to a range of loan and leasing structures in a multitude of different jurisdictions.

More: Aviation


Acting for international financial institutions and owners on a range of financing structures including ECA financings.

Vessel deliveries and registration

Experience with the delivery of vessels worldwide and the registration of those vessels under various flags.

Other vessels

Advised on the financing of three semi-submersible accommodation units.
More: Shipping
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