Offering product experts in London as well as in key regional cities including Leeds and Manchester, DLA Piper provides a 'very proactive service' to a varied mix of banks, credit funds, sponsors and corporates, both at the front end and in a restructuring context. Co-heads Sarah Day and Joseph Frew have deep industry knowledge which comes into play in advising on relatively commoditised mandates and more bespoke structures, as well as product development for lenders. Clients also benefit from access to a number of adept restructuring lawyers, including Neil Riley and Birmingham-based Stephen Bottley, who are well-versed in refinancing and restructuring ABL facilities on both the creditor and debtor front. Alastair Carruthers is also recommended.
Testimonials
Collated independently by Legal 500 research team.
- 'They provide a very proactive service.'
- 'Sarah Day – took control when required to provide security counsel to a syndicate of lenders.'
Key clients
- ABN Amro Commercial Finance
- Aldermore Invoice Finance
Work highlights
- Advising Close Brothers and Leumi ABL on £90m of asset-based lending (receivables and inventory) facilities to Endless-backed EVO Business Supplies.
- Advising Secure Trust Bank on its ABL facility to Batt Cables, alongside funding from BZ Commercial Finance.