Banking and finance

Partner

Partner

Partner specialising in asset finance, project finance, trade finance and structured finance. Publications include ‘Leasing Life’, ‘Manchester Evening News’ (Finance Act 1997), ‘Industry Northwest’ (MBO finance 1998).

Partner

Partner

Liz is a banking and finance partner with over 20 years’ experience. She is head of the Manchester banking team and the wider banking north (which consists of teams in Manchester, Leeds and Edinburgh). She is a well known and respected banking partner in Manchester and is recognised as one of the leading real estate finance lawyers outside of the City. Liz works on a wide range of high profile real estate finance matters (often with complex capital structures) as well as advising on acquisition finance, funds finance, social housing finance, sustainable finance, leveraged finance and general corporate lending matters (both domestic and cross border). She is known for being highly experienced and having a constructive approach to deals. She is experienced in acting both for the lenders and borrowers, bringing a balanced view to transactions. Clients include most of the major UK clearing banks as well as other financial institutions, alternative lenders, institutional investors, public bodies and corporates. Sectors that Liz is passionate about include financial services, funds finance, real estate finance, living sector, PRS, PBSA, student accommodation, hotel and leisure, residential development, BTR, sustainable finance, ESG, social housing finance, further education, healthcare, retail and manufacturing. Recent transactions include: acting for a major North West student accommodation developer on senior and mezzanine investment facilities relating to PBSA of over £80,000,000; acting for a leading South African retailer (Truworths plc) on £100,000,000 facilities relating to the operation of the Office shoe retail chain; acting for a major high street bank on £30,000,000 senior and mezzanine facilities, including a complex intercreditor agreement and hedging, relating to the acquisition of a retail park; acting for a leading developer on residential development funding of £75,000,000; advising Select Property Group on a £54,000,000 senior funding from Lloyds Bank plc and Wells Fargo Bank, and a £30,000,000 mezzanine funding from Pramerica Real Estate Capital to finance the acquisition and development of two luxury student accommodation schemes; acting for Crown Street (Manchester) Limited - a Renaker company on aggregate funding of £128,000,000 loan in relation to two high-rise residential developments in Manchester; advising luxury hotel developer and operator Hotel la Tour on £22,000,000 development financing from Coutts & Co of a new landmark hotel in Milton Keynes; advising a care home developer and operator on £12,000,000 development facilities for a new care home; acting for the GMCA and GMHF on various projects including real estate finance loans and grant funding agreements in the further education sector.

Partner

Patricia heads the firm's finance team and advises on all aspects of financial services. She provides advice to banks and borrowers on bilateral and syndicated facilities. She has particular expertise in public sector finance. Key clients include Santander,  Lloyds Bank Plc, Northern Powerhouse Investment Fund II and the Midlands Engine II. As one of the few solicitors nationally who acts on the establishment of Public Sector Funding schemes, establishment of legacy funds and utilising public and private sector money to create funding platforms for SMEs, this year Patricia has successfully won pitches to act for various fund managers in connection with their bids to be appointed to the £200million South West Investment Fund and the Investment Fund for Scotland. Patricia has continued to provide advice nationally for bank lenders and borrowers on syndicated and bilateral banking documentation.

Richard is a partner in the banking and finance team. He acts for banks, financial institutions and corporate borrowers on a broad range of financing transactions including corporate lending, leveraged acquisition finance, asset finance, real estate finance (both development and investment finance) and project finance. Richard’s clients include The Royal Bank of Scotland, Lloyds Bank, HSBC, Barclays, Yorkshire Bank and PZ Cussons.

Partner

Sam acts for mainstream, bridging and private lenders providing finance to be secured over residential, commercial and development properties. Short term bridging finance also includes the preparation of bespoke loan security documents including sub-security. Sam also advises private individuals in circumstances where they are required to guarantee the provisions of finance deals.

  Sam is a Banking and Finance PrincipalAssociate based in the Manchester office, with experience in a range of debt finance work including real estate finance, acquisition finance and general corporate lending. He acts for borrowers, banks and financial institutions. Sam’s recent work includes: acting for a major North West property developer on development facilities of £128 million to fund the construction of residential skyscrapers in Manchester; acting for a major North West student accommodation developer on senior and mezzanine investment facilities of over £30,000,000; acting for a major high street bank on £24,000,000 senior and mezzanine facilities relating to the acquisition of a retail park; acting for a property developer on the £40,000,000 refinance of around 80 properties; acting for a North West property developer on the £17,500,000 refinance of its mezzanine debt; and acting for a major high street bank on a £5,000,000 revolving credit facility to a PLC borrower.

Senior Associate