Annalie Croney is a solicitor and partner and leads PwC’s UK Legal Banking team.Annalie has over 14 years of experience in advising borrowers and lenders alike on new financing arrangements, re-financings and bank consents in connection with reorganisations and restructurings, focusing on property finance and development finance transactions. She also advises on general corporate, leveraged and acquisition finance transactions.Annalie has a broad practice, also drafting cash pooling product documentation for financial institutions and intra-group cash pooling, netting and other treasury management documentation for large international and domestic corporate groups, as well as advising on consumer credit regulation.Annalie has recently advised on an increasing number of green and sustainability linked loan facilities, leveraging the expertise that PwC has within our extensive multidisciplinary ESG network. She has been very active recently advising both borrowers and lenders alike in respect of LIBOR transition for their loan documentation and processes and on new SONIA linked financing transactions.Annalie acted for Lazari Investments on their £400,000,000 new facility with Allianz Debt Fund SCSp SICAV-SIF secured against five prime central London offices. This was Allianz’s largest single- loan debt transaction in Europe to date, and one of the largest bilateral private borrower deals in the UK market in 2020. This deal won Real Estate Capital’s award for UK Financing Deal of the Year 2020.
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Charlotte is a Director in our UK and Global EGC Team.Charlotte has over 15 years’ experience. She has advised a wide range of clients on all matters of corporate governance, with a particular focus on the FS sector.Charlotte advises clients on their corporate governance frameworks and reviews their existing policies and procedures. She works with Boards to practically implement best practices in corporate governance from an advisory perspective.Charlotte’s experience includes working with the subsidiary of a Japanese Bank implementing a new Board and Executive Governance framework and undertaking a gap analysis against the requirements of the UK Corporate Governance Code; and undertaking an effectiveness review of a partnership Secretariat, including advising on and implementing recommended changes.Charlotte is a member of ICSA: The Governance Institute.
Christopher is a Director in the NewLaw team and has significant experience advising leading financial institutions on areas including commercial contracts, banking and corporate finance, acquisition finance and unsecured lending. Christopher has niche experience in consumer credit licensing, derivatives transactions and securities financing transactions. He has also acted as local counsel on asset-backed securitisations including the acquisition, warehousing and securitisation of residential and commercial mortgages and consumer credit receivables originated in Northern Ireland.Christopher was ranked as a Next Generation Lawyer in Legal 500 and Recognised Practitioner for Banking and Finance in Chambers and Partners; and named in the Northern Ireland "40 Under 40" List 2017.Prior to joining PwC, Christopher was a partner in a top-tier commercial law firm in Northern Ireland specialising in banking and commercial law.Experience Advising a peer-to peer lending platform in relation to the implementation of its operation in Northern Ireland to include the preparation of standard form compliance, loan and security documentation. Advising an IP TV solutions provider on its terms and conditions and contracts with clients, negotiating and advising on contracts with third party content rights holders such as sports licensing and distribution licensors and joint ventures with other sports rights holders. Provision of advice to a European bank in relation to the automation of its SME lending function to include electronic borrower verification, automation of credit scoring and electronic production of standard form facility documentation and external legal instruction. Advising a large housing association in relation to the negotiation and renewal of business-critical unit management software licenses. Advising the Northern Ireland Agri-Food and Biosciences Institute in relation to the capture and exploitation of range of intellectual property assets to include commercialisation and development by way of collaboration with international scientific authorities and research institutes.
Cynthia is a Corporate partner in PwC’s international business reorganisations team in the UK. She has dual-qualifications in England and Wales and Hong Kong. Since joining PwC in 2001, she has led a significant number of cross-border corporate reorganisaton projects for US multinational corporations and FTSE 100 groups, often working alongside other specialists in tax and accounting on such projects.She has acted for clients across a wide range of industries ranging from manufacturing, technology, pharmaceuticals, health care, retail, financial services, property development; more recently, Cynthia has been working with a number of financial services groups on their Brexit-related reorganisations.In addition to acting on general intra group reorganisations and refinancings, Cynthia has a special focus on deal related structuring helping groups to carve out pre deal and integrate post deal. She has significant experience in acting for clients in this area. She has also worked on multiple legal entity rationalisation programmes alongside the specialists in Tax, Accounting and PMO, to help her clients rationalise their entity structure and create cost savings.Cynthia heads up the China Business Group at Legal in PwC and has worked with a significant number of Chinese clients in investing and setting up in the UK, including Bank of Communications, GF Securities, China Publishing and China Shipping.Cynthia and her team have been ranked Tier 1 by Legal 500 in International Business Reorganisations, and Cynthia is one of the Leading Individuals in this category.
David is a Partner in the Pensions practice with over 18 years of experience advising corporates and trustees on all aspects of pensions law including general ongoing advice, liability management, major benefit redesign projects, and contingent funding arrangements. David advises clients on the pensions aspects of corporate transactions, particularly where the transaction involves staff transfer from one group scheme to another.Examples of David’s experience include: advising the BBC for over 10 years on the operation of the BBC Pension Scheme, one of the UK’s largest pension funds, and in relation to the DC arrangements operated by the corporation. This case shows how he can help navigate the interplay pensions and employment law whilst factoring in industrial relations issues which can stand up to significant ombudsman and court scrutiny advising British Airways in relation to a contentious matter arising from a potential switch from RPI to CPI for pension increase purposes advising clients in relation to making benefit design changes dealing with funding issues including the use of contingent asset and asset backed funding structures advising on corporate transactions and restructurings, including Pensions Regulator clearance issues and dealing with section 75 debts advising in relation to pension schemes entering the Pension Protection Fund
David is a partner and leads the indirect tax team at PwC, who were winners at the 2014 Tax Awards. He previously spent a period with HM Customs & Excise Solicitor’s Office and with KPMG. He specialises in advice and litigation of all indirect taxes including VAT, customs duty, excise duties, hydrocarbon oils, landfill tax and aggregates levy. He has worked with clients in a wide variety of industry areas which include manufacturing, housing, telecommunications, local authorities, financial services and food and drink industries and has represented clients at all stages of the court structure up to and including the Court of Justice of the European Union. His reported cases include: United Biscuits (Pension Trustees) [2017] EWHC 2895 (Ch) and currently before the CJEU (C-235/10) Wellcome Trust [2018] UKFTT 599 (TC) and currently before the CJEU Healthspan [2018] UKFTT 241 (TC) and currently before the CJEU Rank Group [2019] UKUT 100 (TCC) Rank Group [2018] UKFTT 251 (TC) Investment Trust Companies [2017] UKSC 29 R. (oao Drax Power Ltd) v HMRC [2016] EWHC 228 (Admin) Infinis Energy Holdings Ltd [2016] EWCA Civ 1030 Iveco Limited v HMRC [2016] UKUT 263 (TCC) Brother Industries UK Ltd [2016] UKFTT 788 (TC) London Borough of Ealing (C-633/15) Colaingrove Limited (Verandahs) v HMRC [2015] UKUT 2 (TCC) Colaingrove Limited (fuel and power) [2015] UKUT 80 (TCC) WM Morrison Supermarkets Plc v HMRC [2012] UKFTT 366 (TC) Asda Stores Ltd (C-372/06) Helena Housing Ltd [2012] EWCA Civ 569 Matalan Retail Ltd [2009] EWHC 2046 (Ch) Carlsberg and InBev [2012] EWCA Civ 82 David is a regular speaker at tax conferences and seminars.
David specialises in advising alternative asset managers and institutional investors in all areas having to do with alternative investment funds, separate accounts, co-investment programs and related matters, including secondary transactions, mergers / acquisitions and seed and stake transactions. David’s experience includes: Establishment of an ongoing co-investment program for a large US-based hedge fund manager Advising a global financial institution on the formation and offering of its global primary and secondary private equity funds of funds Negotiating investments in private equity funds and hedge funds (including funds of one) on behalf of a large Dutch pension fund manager Advising a major US mutual fund firm on the establishment and offering of a white-label private equity fund of funds Advising a global financial institution on secondary and synthetic secondary investments, including investments in continuation funds Advising fund managers, financial institutions and pension plans on investments in alternative asset managers
Ed is a partner in the Employment legal team. He has a wealth of experience advising clients on international projects and has recently advised two FTSE 100 clients on global compliance projects.Ed advises on the legal aspects of global mobility programmes, restructuring, the delivery of global training and the development of global policies and procedures. Ed is experienced in working with employers on employee change programmes and transactions, including restructurings and TUPE work. He has advised on the exit of senior executives; numerous individual hires; and on team moves involving the enforcement of restrictive covenants in the UK and internationally. He has advised clients in the Employment Tribunal and High Court on all types of employment litigation, and has significant experience of high profile discrimination claims. Ed’s work has been widely reported in the UK media (including the BBC, The Times, and the Financial Times) and the German press (Die Welt). The Legal 500 directory describes Ed as ‘very good at making difficult judgement calls’ and leading an extremely hard-working team ‘that is very capable of running complex, high-level employment litigation’
Fedelma is a Director and leads PwC’s Data Protection Strategy, Law and Compliance Services practice. She is responsible for the firm’s MyDPO proposition and leads our provision of ePrivacy advice, particularly in relation to cookies and digital marketing. Fedelma has expertise and experience in a unique combination of technology, marketing, regulation and information/data management issues, gathered over more years than she cares to remember! She has chaired and contributed to a number of industry working groups including those relating to open data, cookies and most recently ad-tech and Real Time Bidding. She represents PwC at the ICO’s (the UK Privacy regulator) ad tech industry forums and in the run up to the GDPR go live date of May 2018 advised the ICO on their consumer education program Your Data Matters. She is a Licentiate of the Institute of Bankers in Ireland, an Industry Commissioner on the board of the Data and Marketing Commission, an honorary fellow of the Institute of Direct and Digital Marketing (IDM) and is enrolled on the UK DMA’s (Data and Marketing Association) Roll of Honour. She has also achieved the unusual accolade for a non-lawyer of being recommended in The Legal 500 United Kingdom editorial.
Fraser has over 15 years experience of advising corporates and trustees on pensions law. Fraser advises clients on all aspects of pensions law and his clients have included sponsoring employers, trustees and scheme members.Fraser has particular experience of advising on the following issues: establishing, closing and winding up pension schemes liability management exercises such as member option programmes and bulk annuity transactions (including all-risks buy-outs) restructuring group pension arrangements by merging and demerging pension schemes, for example advising one of the world’s leading ferry operators on the merger of its 5 UK pension schemes benefit correction issues involving historical under and overpayment of benefits and liaising with HMRC regarding tax treatment of back payments contingent funding arrangements, including asset-backed funding structures, escrow accounts, reservoir trusts and group company guarantees the pensions aspects of corporate transactions, particularly where the transaction involves the transfer of a group of employees from the seller’s defined benefit pension scheme to the buyer’s pension scheme the pensions aspects of public sector outsourcing and the application of New Fair Deal Fraser is a regular contributor to the pensions press and is frequently quoted in publications such as Professional Pensions and Pensions Age. He has spoken at various pensions industry events, including conferences organised by the Pensions Management Institute, the Pension and Lifetime Savings Association and the Association of Pension Lawyers.
Georgie is a Partner and UK & EMEA International Business Reorganisations Leader.
Jonathan is Head of UK and Global EGC at PwC, which is the leading practice for legal entity governance transformation on a global basis. Jonathan leads our network of PwC governance specialists in over 155 countries around the world.He helps multinational clients respond to increasing regulation and risk and the impact this is having on governance and compliance across their business. Projects include the improvement of legal entity governance frameworks, streamlining and implementing global legal entity management solutions, operating UK and global managed services, delivering digital solutions, entity rationalisation programmes and educating boards and directors on their legal and governance duties.Jonathan spent three years in Dubai running our Middle East legal and governance business across the Middle East region.Jonathan speaks at external conferences and PwC client forums in the UK, US and Middle East on all aspects of governance and compliance and in particular international trends in subsidiary governance and regulation.Jonathan is a Fellow member and adviser to ICSA: The Governance Institute.
Kevin is a corporate partner specialising in engagements in the financial services sector.Kevin has extensive experience advising large multinational financial services clients and other organisations on complex structuring, compliance and corporate transformational projects, frequently leading multidisciplinary teams of professionals on cross-border engagements. He works closely with global PwC tax, regulatory, accounting and other specialists to provide a combined offering – ensuring that reorganisation projects are implemented taking account of tax and regulatory considerations, and in accordance with their commercial objectives, across all relevant jurisdictions.Kevin’s recent experience includes advising on several Part VII transfers in the banking sector. He has also advised on several large Brexit restructurings, including an 11 market restructuring of an EEA passported bank. Kevin recently supported an Asian bank on its wind down and transfer of its UK business. Kevin has led the legal work on several Part VII transfers under FSMA 2000 and has worked on several strategy projects advising large global banking and insurance broking clients on their European and global group structures and business models. He also advises clients on regulatory capital issuance.Kevin joined from KPMG where he built up the legal practice in financial services. He previously worked at Skadden and Slaughter and May.
Kris is a Director in our UK and Global EGC team. Kris specialises in providing governance, transaction and compliance support to multinational clients. Kris has extensive experience in the provision of legal entity governance and compliance services to clients globally, ranging from small and large private groups to large listed PLCs and US multinationals.Before returning to UK, Kris led our practice for the Middle East from Dubai and during his five years in the region he worked closely with locally headquartered Sovereign Wealth Funds and other large locally owned/government organisations. Kris is a member of ICSA: The Governance Institute.
Intellectual Property Legal Leader, Latika is a Director with more than 20 years’ experience advising on all aspects of intellectual property law and practice. This includes extensive experience advising on licensing, franchising and a range of R&D and collaboration agreements. Latika has developed an unrivalled practice in IP structuring (reorganising IP ownership and use within large groups, including tax-related projects, with an expertise in issues such as patent box, transfer pricing and BEPS). Working with corporate finance, valuations and other IP experts around PwC, she has unparalleled experience in IP commercialisation and IP audits and risk reviews (covering IP processes and controls). She regularly helps clients to develop IP strategies, deal with IP disputes or adapt their operating model to accommodate an evolving innovation. She can also draw on the expertise of IP lawyers across PwC’s global network of over 100 legal practices around the world.
Laura is a Director and corporate lawyer (qualified in Scotland) in PwC’s International Business Reorganisations legal practice. Laura specialises in strategic global corporate reorganisation projects for international groups. Laura has recently acted on a number of highly technical projects, including those requiring cross-border merger and/or Societas Europaea for Brexit related restructuring projects.Laura joined PwC in 2010 from Shepherd and Wedderburn LLP, where she was a member of the corporate team in London, specialising in M&A and AIM listed work. Laura spent three years (2012 - 2015) on secondment to PwC’s corporate team in Sydney, Australia.
Nick is a Partner in the employment team and has over 20 years’ experience advising on the legal aspects of international HR projects. Nick has particular expertise advising a number of major clients on employment structures, including the use of dual contracts. He recently advised a Japanese pharmaceutical company on the establishment of a European Works Council. This included setting up a negotiating body for the EWC with employee representatives, and subsequently drafting its constitution. Nick also advises on employment aspects of cross border acquisitions and business transfers.
Peter is a solicitor, chartered accountant and chartered tax adviser in the Legal Tax Disputes team. Peter focuses on direct tax disputes, particularly those with a multi-disciplinary aspect – recent projects have encompassed a variety of tax law, commercial law, administrative law and technical accountancy issues. Where litigation has proved necessary, Peter has helped clients with cases going to the Tax Tribunal, High Court (Business & Property Courts), High Court (Administrative Court) and the Court of Justice of the European Union. Peter is also an experienced tax adviser more generally, and acts as a corporation tax adviser in non-contentious matters for a number of international corporate clients of the firm.
Pritul is a Director in our UK and Global EGC Team.Pritul specialises in providing subsidiary governance, transaction and compliance support to multinationals with a particular focus on Listed clients. He has extensive experience in advising clients on global governance structures with a particular focus on improving governance, streamlining processes and using technology to provide services more efficiently and cost effectively. Pritul leads our global company secretarial managed services offering where he provides an integrated company secretarial service as an extension to a clients’ in-house team. In addition, Pritul has spent some time on secondment to a FTSE 250 insurance group to help them prepare for an IPO and leading a review of their global subsidiary governance framework as well as setting up the new share schemes.He has also provided board governance support to a number of Financial Services regulated entities and Pensions boards.Pritul is a member of ICSA: The Governance Institute.
Tilly is a qualified barrister with 15 years’ experience of advising on employment matters and litigating employment disputes. As a barrister, she brings extensive litigation experience from the initial preparation of claims up to and including advocacy in the tribunal and judicial mediation. She has represented a wide variety of clients, including multi-national companies, trade unions, insurers, partnerships, public and government bodies and major PLCs.Described as being ‘always solutions orientated’, Tilly has particular expertise in managing and resolving contentious matters. She has assisted clients with investigating discipline and grievance issues, resolving whistleblowing complaints, dealing with sexual harassment allegations and managing senior exits.Tilly also leads PwC’s HR Support service. The service provides clients with unlimited HR compliance and employment law advice to manage their people risk and ensure they stay compliant with the law. Through the service, clients receive unlimited advice from PwC’s specialist employment lawyers on any employee issue for a low cost fixed monthly fee.Tilly received a ‘Women in Law Award’ in 2018 and 2019 from Lawyer Monthly in recognition of her outstanding legal expertise and contribution within Employment Law. She is also referenced in the Legal 500 2020 as “a good leader” who makes “great tactical decisions”.