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Bruce Stephen

Bruce Stephen

Brodies LLP, Scotland

Work Department

Banking and finance.

Position

Bruce has over 20 years' experience in all aspects of banking and finance work and leads the Brodies finance practice including regulated lending. Recent activity includes acting in a significant proportion of funds finance deals in the market for a range of lenders, advising in regulated industry financings such as energy and transport sectors and assisting in complex asset finance deals including advising a major European manufacturer in respect of its aircraft financing arrangements. A number of deals relate to assets and businesses which have particular strategic importance to the economy. The team have advised on large scale acquisitions and related financings including review and due diligence in respect of financial regulated businesses and products.

Bruce is relationship partner for a number of key client connections of Brodies including NatWest, JP Morgan, Hampden and DNB Bank and is a member of the operational board of the firm. He is co-author of Scottish chapters of ICLG 'Securitisation and security over receivables: an international handbook' published by Oxford University Press. Bruce was also involved in drafting Scottish secondary legislation relating to bank insolvency and bank administration pursuant to the Banking Act following the financial crisis. He has acted on advisory boards relating to law review projects undertaken by the Scottish Law Commission including in respect of the draft Moveables Transactions Bill.

Bruce is a member of the law society's banking and company law sub-committee and is one of the key contacts with Scottish Financial Enterprise and its membership. He is also English and Scots law qualified and leads the derivatives practice at the firm.

Career

Trained Dundas & Wilson CS; qualified Scotland 1994; assistant in corporate department 1994; assistant Tods Murray corporate department 1996; qualified England 1997; associate in banking department 1998; partner Tods Murray WS 2000; partner Brodies LLP and head of banking and finance group 2002.

Education

Inverurie Academy; Glasgow University (1991 LLB Hons).

Leisure

Golf, tennis, member of the Brodies band (electric guitar), sailing

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