North West-based firm Bermans has a long and well-earned reputation in the invoice finance market as a result of its ability to provide ‘responsive, highly knowledgeable and cost-effective’ advice to mid-tier commercial and alternative finance companies funding domestic SME growth and investment strategies. The scope of the work is broad, running the gamut from product development and deals through to disputes/enforcement advice. Liverpool-based team head Alex Chapman has ’deep commercial understanding’ of the sector, and provides particular strength to lenders funding acquisitions and buyouts. In Manchester, David Gledhill ‘consistently delivers technical solutions to a high standard’ at the front end of deals, while Jonathan Berkson in Liverpool ’provides sensible solutions’ to funders on the litigation front. Manchester-based Ian Munford is also recommended.
Testimonials
Collated independently by Legal 500 research team.
- 'The team is responsive, highly knowledgeable and cost-effective.'
- 'They take a proactive approach to case management, ensuring that work is delivered to a high standard and in both a timely but accurate manner.'
Work highlights
- Represented a financier in relation to a challenge under a guarantee following the financier sending a “comfort letter” to the guarantor enabling the debtor to try and undermine the guarantee.
- Acting on a conditional fee agreement for a selective invoice financier on a claim for recovery of a debt when the debtor had paid the supplier direct in contravention of a notice of assignment.