A&O Shearman

A&O Shearman‘s trade and commodity finance practice is ’commercial, innovative and always responsive‘. The firm is active in some of the most high-profile transactions in the market, particularly those with structured finance elements, thanks to its combination of derivatives, commodities and trade expertise. ’Wonderful leader and adviser‘ Catherine Lang-Anderson leads the practice along with structured finance partner Daniel Shurman. Anderson recently acted for the co-ordinating committee of creditors ED&F Man on the the restructuring of $1bn indebtedness, which included borrowing base and revolving credit facilities, and the provision of $300m in new money facilities. Banking partners Greg Brown and Oleg Khomenko are keenly involved in the practice, advising lenders and borrowers on a broad range of complex cross-border financing transactions, including trade finance structures. Head of the ECA practice Lorraine Bayliss acted for lenders and UK Export Finance in the financing of the construction of a new £140m subsea power cable manufacturing and R&D facility in Cambois near Blyth, Northumberland. As well as trading houses and financial institutions, the firm increasingly acts for corporate borrowers using utilise trade  and receivables finance to maximise working capital.