Hall Of Fame

Next Generation Partners

Banking and finance in Yorkshire

Addleshaw Goddard

Recognised as ‘the go-to experts in this sector’, Addleshaw Goddard advises domestic and international banks, building societies, and major financial institutions on a broad range of finance-related matters, including underwritings, primary syndications, and debt transfers, across the energy, healthcare, transport, and retail sectors. The ‘excellent’ practice head Andrew Fordham brings over fifteen years of experience, focusing on corporate banking, acquisition and leveraged finance, and asset-based lending, both in the UK and across borders. Fordham is supported by Geoff McGinley, who is a name to note in relation to the housing and education sectors, and Nick Barlow, the ‘go-to banking partner’, who advises on sustainability-linked loan agreements and transactions in the education sector.

Responsables de la pratique:

Andrew Fordham


Autres avocats clés:

Geoff McGinley; Nick Barlow


Les références

‘They routinely deliver for us on complex and sophisticated matters with no issues. Another big strength compared to their peers is that they’re always able to draw on what is a very deep team whenever they need to.’

‘Andrew Fordham is the individual we use the most. Andrew is excellent and the praise given to them as a team is also reflected in Andy’s attributes as an individual. In addition, Nick Barlow has been the « go to » banking partner for us in relation to financings in the social housing sector and does a lot of high value transactional banking work for us.’

‘Preeminent team acting for lenders in the social housing sector. They truly are the go-to experts in this sector. Service levels are second to none.’

Principaux clients

HSBC UK Bank plc


Santander UK PLC


Nationwide Building Society


OC&C Strategy Consultants LLP


RSM Group


Principaux dossiers


  • Acting for National Westminster Bank Plc as Agent in relation to the provision of increased revolving credit facilities to Renew Holdings plc to support the €60m acquisition (amount confidential) of Full Circle Group, a European wind turbine maintenance specialist.
  • Acting for new client OC&C Strategy Consultants, an international consulting firm on their transformative refinancing with HSBC UK and Citibank.
  • Acting for longstanding client Dewhirst, a market leading global manufacturer of garments in relation to its facilities from HSBC UK and Barclays to finance a management buyout.

Pinsent Masons LLP

The ‘extremely strong’ team at Pinsent Masons LLP specialises in asset-based finance and structured finance, including account bank roles in complex securitisation structures. Based in Leeds, the team is led by Matthew Clayton Stead, who advises on high-value corporate financings, structured and syndicated lending, and sustainable loan arrangements. Sean Houlihan brings over 20 years of experience in real estate finance, acting for clearing banks on both investment and development funding; while Tom McHugh focuses on advising funders involved in large-scale mergers and intricate group refinancings.

Responsables de la pratique:

Matthew Clayton-Stead


Autres avocats clés:

Sean Houlihan; Tom McHugh


Les références

‘Excellent client relationship building skills, take time to fully understand the people and the business, not just the task. Work is of a consistently high standard and delivered on time or early. Strong local and national networks, and their coverage across the UK regions has been of particular benefit to us.’

‘Tom McHugh has been transformational for the business. His approach is collaborative and business minded. He has pivoted the business so it is now the pre-eminent lender practice in the country.’

‘The team as a whole is extremely strong, and they produce very high quality work. Tom McHugh is very helpful in terms of social housing finance.’

Principaux clients

Everton Football Club


Oncimmune Holdings plc


HSBC UK Bank plc


Lloyds Banking Group plc


Santander UK plc


UK Infrastructure Bank


Aareal Bank AG​


Principaux dossiers


  • Advising Everton Football Club Limited in connection with (a) the financing of its new stadium at Bramley Moore Dock and (b) the financing of its takeover by The Friedkin Group.
  • Advised four separate lenders on the £530,000,000 syndicate split and refinancing of bpha Limited, involving splitting an existing syndicated facility of £425,000,000 with five banks into four separate bilateral facilities totalling £530,000,000, with one existing funder being repaid as part of the split.
  • Acting for Aareal Bank AG on a £290,000,000 secured facility to SPVs controlled by Redevco in connection with the acquisition and financing of 16 retail parks across England and Wales.

Shoosmiths LLP

The ‘very experienced’ team at Shoosmiths LLP has extensive experience in leveraged and acquisition finance, venture debts, and complex restructuring plans and senior debt financing arrangements. Anna Robson, who ‘brings a significant amount of experience’, heads the team and specialises in leveraged finance, asset-based lending, venture debt, and general corporate finance. She is supported by the ‘exceptional’ Kat Raanan, who is a name to note in relation to corporate lending transactions for both borrowers and lenders; and by Charlotte Thomas, who brings strong expertise in mid-market acquisition finance for both local and national clients.

Responsables de la pratique:

Anna Robson


Autres avocats clés:

Kat Raanan; Charlotte Thomas


Les références

‘Very experienced and commercial. Always happy to help or give a view. Great diversity of individuals within the team who work well as a collective.’

‘Strong service and credentials delivered by a committed team. Diversity is strong with a good balance of people within the firm and a focus on the quality of delivery.’

‘Anna Robson – always on hand for queries and has a vast amount of experience across multiple funding disciplines. Very commercial and resolves complex issues quickly.’

Principaux clients

Sondrel (Holdings) Limited


Santander UK plc


Shawbrook Bank Limited


Octopus Ventures


Investec Bank plc


Hilco Capital Limited


Principaux dossiers


  • Advised ThinCats on funding to TK Components, a multi-channel supplier to the UK kitchen industry backed by NorthEdge, to accelerate the company’s growth plans.
  • Advised the South Yorkshire based Invica Group (comprising the CPL/Puragen and Invica Industries businesses) on its largest financial reorganisation alongside refinancing of Invica’s existing asset-based lending facilities and negotiation of new debt fund facilities for CPL/Puragen.
  • Advised Nimbus Investments in relation to financing to support the acquisition of National Floorcoverings Group, a Yorkshire based floor coverings company.

Walker Morris LLP

Walker Morris LLP‘s team, renowned as ‘knowledgeable’ and ‘practical’, covers all aspects of banking law, including corporate lending, acquisition and leveraged lending, development and investment, and project finance. The Leeds-based team is headed by Philip Scott, who brings over 20 years of experience in the sector. Scott acts for clearing banks, alternative lenders, and debt funds on the full range of finance transactions, including corporate finance, development and investment finance, and asset-backed lending; while Laura Lister is renowned for her work on complex real estate finance deals.

Responsables de la pratique:

Phil Scott


Autres avocats clés:

Laura Lister; James Crellin; Laura Gordon


Les références

‘Knowledgeable and practical. Fast turn around of advice and guidance when time critical. Nice, easy to talk to individuals.’

‘The Walker Morris pensions team is small but exceptionally well-qualified and experienced. It’s a very high quality team.’

‘The team members are consistently very sensible, responsive and easy to work with.’

Principaux clients

OakNorth Bank plc


Essentra Plc


Renew​


Principaux dossiers


  • Advised ASCO on a complex, syndicated, multi-jurisdictional ABL £81,000,000 debt facility – a funding package that will support entities in the UK, Norway, and Canada, covering receivables, work in progress, property, and a cash flow loan.
  • Advised Various PL and EFL Football clubs on player transfer funding arrangements in relation to 10+ national and international player transfers for over £130,000,000 of debt.
  • Advised Renew Holdings PLC which has its headquarters based in West Yorkshire, on an amendment to its £120,000,00 syndicated facility with HSBC, NatWest and Lloyds to facilitate its acquisition of an entity situated in Holland, Full Circle Wind.

DLA Piper

The ‘really strong and responsive’ team at DLA Piper handles matters related to debt finance, real estate finance, energy and infrastructure project finance, and asset-based lending. Kirstie Allerton and Sarah Day jointly lead the Leeds-based team. Allerton specialises in commercial property, education and social housing sectors where she regularly advises on both investment and development financings; while Day assists asset based lenders, corporates, funds, and banks in new money, refinancing, and restructuring-related matters.

Responsables de la pratique:

Kirstie Allerton; Sarah Day


Autres avocats clés:

Charlotte Smith; Hannah MacIntosh; Alexandra Smyllie


Les références

‘Really strong and responsive team. Good advice and works well as an RE team.’

‘Partner engagement/involvement in the process is high but the remaining team members are also engaged and highly skilled.’

Principaux clients

Aviva Investors


Lloyds Bank Plc


National Westminster Bank plc


Secure Trust Bank plc


Town Centre Securities Plc


Principaux dossiers


  • Acted for Henry Boot plc and its various subsidiary companies in the £125,000,000 refinancing of its existing facilities with National Westminster Bank plc, Barclays Bank PLC and HSBC Bank Plc, providing a three year term facility with an option to extend for two more years.
  • Advised Secure Trust Bank plc in relation to facilities provided to support Modella Capital’s acquisition of Hobbycraft (the largest arts and crafts retailer in the UK) and ongoing working capital.
  • Acted for Newstead Capital Limited on its funding with Viridis Finance for the development of forty-one new build homes at Lords Close, Giggleswick, a key housing development in the local Yorkshire region by Newett Homes.

Eversheds Sutherland (International) LLP

Eversheds Sutherland (International) LLP advises banks, private companies, universities, and other major clients across Yorkshire on leveraged finance, investment-grade trading, real estate and education financing, and various funding transactions. Described as ‘a pleasure to work with’, Paul Castle brings over two decades of experience in banking and finance, with a focus on investment-grade and crossover credit PLCs, large private companies, real estate investors and developers, as well as educational institutions.

Responsables de la pratique:

Paul Castle


Autres avocats clés:

Lucy Flanagan


Les références

‘The team are very good at staying on top of the technical and legal details of the case, while always having the commercial objectives of the client in mind.’

‘Paul Castle is pragmatic, commercial and responsive. He’s a pleasure to work with.’

‘The team are pragmatic and commercial, good at assessing where to hold the line and where it is in our interests to bend. Work is delivered in a timely fashion, and they are good at keeping clients updated as to progress.’

Principaux clients

HSBC UK Bank plc


DFS Furniture plc


Harworth Group plc


Drax Group


Cranswick plc


Virgin Money


Santander UK plc


Principaux dossiers


  • Advised multiple syndicates of lenders in relation to a total of £650m of revolving and term loan facilities made available to FTSE listed Drax Group.
  • Advised UK Land Estates in relation to its credit facilities with a club of three clearing banks.
  • Advised the lenders to six Russell Group universities in relation to investment grade revolving credit facilities.

Irwin Mitchell

Irwin Mitchell provides legal advice to both lenders and borrowers across corporate banking, real estate and mezzanine finance, leveraged and structured finance, as well as private equity funding. The ‘excellent’ team head Paddy Sturman has substantial experience in banking and debt finance transactions across a wide range of sectors, regularly advising banks, funders, and borrowers on real estate finance, leveraged finance, and corporate banking transactions. Sturman is supported by Jeremy Ladyman, who has particular expertise in treasury and financial services matters.

Responsables de la pratique:

Paddy Sturman


Autres avocats clés:

Jeremy Ladyman; Mark Appleby; Charley-Travis Brennan


Les références

‘Paddy Sturman is excellent. His knowledge is always up to date with current market trends. Very commercial and explains risks well if concerned. always goes the extra mile for you.’

‘The team combine deep technical expertise with a commercial and practical approach. The team are highly responsive and flexible to client needs, and are typically solutions focused.’

‘The individuals we work with are pro-active, taking ownership of engagements and effectively communicating with key stakeholders, including us as their client. The individuals are flexible and able to adapt their approach to the client situation, providing advice in a practical and commercial manner.’

Principaux clients

HSBC UK Bank plc


Santander UK plc


National Westminster Bank Plc


Lloyds Bank plc


Coventry Building Society


Intermediate Capital Group (ICG)


Norddeutsche Landesbank


Henry Boot Developments


Principaux dossiers


  • Advised ThinCats on a term loan and revolving facilities agreement to Sunrise Topco for the purpose of the acquisition of Horizon Parking.
  • Advised ThinCats on the provision of facilities to Ranger Services Holdings, throughout the year, for their growth and acquisition plans (including bolt on acquisitions in England, Scotland, & Ireland).
  • Advised ThinCats on a transcap finance facility to Anglotech for the acquisition of EBM Managed Services and another specialist business in the same sector.

Squire Patton Boggs

Squire Patton Boggs advises borrowers, lenders, and private equity sponsors across acquisition and leveraged finance, as well as real estate investment. The firm is particularly noted for its ‘very good and well-respected’ asset-based lending practice. The ‘experienced’ team head Tom Telford brings over a decade of experience of advising on banking and finance matters. Telford assists both banks and borrowers in acquisition and property finance, corporate banking, and complex asset-based lending.

Responsables de la pratique:

Tom Telford


Autres avocats clés:

David Parry


Les références

‘A very good and well-respected Asset Based Lending (ABL) practice, deep product knowledge and ability to make the reasoned case for certain ABL specific documentation requirements beyond standard LMA leveraged finance agreements.’

‘We work primarily with Tom Telford out of the Leeds office. Tom is an experienced and pragmatic lawyer who we trust to work well with our clients and to understand the particular requirements which a US bank has when operating in a UK environment.’

Principaux clients

Clydesdale Bank plc (trading as Virgin Money)


ECI Partners LLP


National Westminster Bank plc


Lloyds Development Capital Limited


Aurelius Finance Company Limited


Arbuthnot Commercial Asset Based Lending Limited


HSBC UK Bank Plc


Principaux dossiers


  • Advised Virgin Money on the senior debt funding for Inflexion’s acquisition of Cutwel.
  • Advised LDC on all aspects of the debt funding for the acquisition of Bullen Healthcare.
  • Advised Aurelius Finance Company on its provision of ABL facilities to Trutex Limited

Andrew Jackson Solicitors LLP

Andrew Jackson Solicitors LLP advises lenders and borrowers on corporate refinancing, acquisition and real estate finance, invoice discounting, and lending within the education and healthcare sectors, including care homes and residential facilities. The Hull-based team is led by Nick Scott, who is well-versed within banking and finance deals and documentation.

Responsables de la pratique:

Nick Scott


Les références

‘The team are pragmatic and straightforward to deal with and highly responsive. Advice is always easy to understand, even on complex matters.’

Principaux dossiers


DWF

DWF advises on acquisition and real estate finance, banking and restructuring, debt capital markets, and Islamic finance matters. Chris Ramage and Jenny Crew jointly lead the Leeds-based team; with the ‘experienced’ Ramage specialising in all areas of debt finance law, and Crew acting for banks, financial institutions, and corporate borrowers across all areas of corporate banking.

Responsables de la pratique:

Chris Ramage; Jenny Crew


Les références

‘The banking and finance team at DWF make the complex simple and cover all the bases.’

‘Chris Ramage is an experienced operator who pulls concepts and deals together easily and safely.’

‘Personable individuals who provide regular updates on deal progress and are commercial and pragmatic.’

Principaux dossiers


Schofield Sweeney

Schofield Sweeney specialises in secured real estate finance, development funding, asset-based lending, and invoice finance matters. Team head Manjit Virdee brings extensive experience in secured property finance and acquisition finance, portfolio work, asset-based lending, development funding, and investment property and bridging.

Responsables de la pratique:

Manjit Virdee


Autres avocats clés:

Karen Crutchley; Pardeep Khela


Principaux clients

Santander UK PLC


HSBC Bank UK PLC


OakNorth Bank PLC


Shawbrook Bank Limited


Lloyds Bank PLC


 


Principaux dossiers


  • Acted for new client and new to the lending industry, Chestnut Finance Limited in relation to new loans, providing support in template documentation, facilities and legal technical support.
  • Advised Handelsbanken on a substantial new facility and new client to the bank, in which the offshore entity transferred properties to the connected onshore entity, following tax clearance.
  • Acted for various lenders in checking loan agreements and securitisation documents prior to submission to recoveries teams.

Wake Smith Solicitors Limited

Wake Smith Solicitors Limited is well-versed within corporate banking, acquisition and development finance, asset-backed lending, restructuring, and finance litigation. Team leader Neil Salter brings more than 30 years of expertise in commercial property and secured lending, regularly collaborating with prominent clients including HSBC UK Bank plc.

Responsables de la pratique:

Neil Salter


Principaux clients

HSBC UK Bank Plc


Principaux dossiers


  • Advised HSBC on £2.9m acquisition funding in connection with the acquisition of the entire issued share capital of an aggregates company.
  • Advised HSBC on £1.3m debt refinancing via a Government Grant Scheme to facilitate the buy-out of an existing shareholder.
  • Advised HSBC on funding in connection with the customer’s £6.5m transition to employee ownership