TLT expanded its offering with the hire of Euan Cluness in May 2024 from Addleshaw Goddard, who is a proficient debt finance specialist who is particularly skilled in leveraged finance and asset based finance transactions. Cluness joins group lead and real estate specialist Douglas Gourlay in a practice that is well-placed to act on a litany of UK-wide mandates, particularly in the real estate, hospitality, healthcare and energy spaces. The firm is also well-renowned for its loan portfolio transactions, acting for a series of national banks. Catharine MacDonald has a notable supporting presence across a range of domestic and cross-border mandates, and Fiona Armour specialises in property finance work. Peter Smartt, who has expertise in asset-based lending work, also joined the team in 2024.

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Key clients

  • AIB Group (UK) plc
  • Santander UK plc
  • Ortus Secured Finance
  • Punjab National Bank (International) Limited
  • OakNorth Bank plc
  • Triodos Bank UK
  • Bank of Ireland
  • Downing LLP
  • Coutts & Co
  • West End Capital Finance
  • The Care Home Lender Limited
  • Fintex Capital

Work highlights

  • Acting for AIB on the Scottish and English law aspects of the acquisition by LED Lighting and Electrical Distribution Group ULC of CP (Electric) Limited.
  • Acting for Santander on its funding to global clean energy enterprise, TagEnergy, to support the construction and operation of two landmark battery storage facilities.
  • Acting for Ortus Secured Finance on the refinancing of hospitality group, Inglenook Inns & Taverns Holdings.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Douglas Gourlay

Other key lawyers

Euan Cluness, Catharine MacDonald, Fiona Armour, Peter Smartt