Pinsent Masons LLP

Primarily centred in Birmingham, Pinsent Masons LLP provides a 'cost-effective service' to a balanced mix of funders and borrowers on the provision of ABL products for general working capital purposes, as well as refinancing and acquisition finance requirements. Under the leadership of Edward Sunderland, the team 'knows the market well' and is consequently able to 'take a commercial view' on deal structuring, whether it be in the context of bilateral and syndicated ABL facilities, non-recourse receivables purchase facilities or back-to-back receivables financings. Victoria Baker, who is 'exceptional in terms of market and commercial awareness', has strong ties with a number of clearing banks, regularly acting for them on her own as well as alongside practitioners from the firm's broader overarching banking practice. Amy Flavell frequently takes the lead on restructuring/insolvency solutions involving ABL facilities and is a key member of the team, as is Manchester-based Adam Patel, who provides 'high-quality advice' on the front end of deals for funders and lenders, including an increasing number involving complex inter-creditor relationships.