United Kingdom - Scotland • Finance

Brodies LLP

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Brodies LLP’s preeminence in the Scottish banking sector is reflected in the calibre of transactions it handles across key economic sectors, including food and drink, healthcare, energy and marine, with a growing dominance in renewables and green financing. Bringing over 25 years of experience is team head Bruce Stephen, who specialises in asset-based lending, receivables financing, and corporate funding. Marion Macinnes, who leads the capital markets group, brings extensive expertise advising on real estate finance transactions, while Neal Richardson is highly regarded for ship financings and leveraged financings. Michael Stoneham is the go-to contact for all energy-related finance matters, with Chris Dun's practice focusing on social housing finance. Alan Knowles continues to build his reputation for fund financings, including cross-border deals.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Strong cross-functional teams of experts to deliver on complex transactions. They are knowledgeable, balance risks and commercial requirements, responsive and adaptable to emerging issues.’

  • ‘Good, professional service at all times.’

  • ‘Strong depth and knowledge across the business, giving clients access to detailed advice and guidance as the business evolves.’

  • ‘Neal Richardson is always quick to offer help and is proactive in sharing market information and changes in law to help shape strategy.’

  • ‘Brodie's banking and finance team are able to hit the ground running and coordinate the various multi-jurisdictional issues required to complete a transaction.’

  • ‘Advice is extremely practical and timely. Brodies understands the big picture and the unique needs of a joint venture participant.’

  • ‘Bruce Stephen does an outstanding job. He is often the voice of reason between competing counter-parties.’

  • ‘Straightforward and clear guidance on banking matters. Pragmatic and collaborative approach.’

  • ‘Chris Dun shows vast experience in social housing and banking.’

Key clients

  • Lloyds Banking Group/Bank of Scotland plc
  • NatWest Group
  • HSBC Bank Plc
  • Scottish Enterprise
  • Premium Brands Holdings Corporation
  • DNB Bank
  • Garroch Investments Limited
  • Bank of Ireland
  • Secure Trust Bank plc
  • European Investment Bank

Work highlights

  • Acting for Goldman Sachs Bank USA to provide Scots law advice in connection with the financing aspects of the high-value takeover of Wm Morrison Supermarkets plc by US private equity firm Clayton, Dubilier & Rice for an enterprise value of £9.7bn.
  • Involved in NordDeutsche Landesbank Girozentrale, Bank of Ireland and European Investment Bank extensive Irish PPP project programme, and the financing arrangements following market precedents established in a UK context, in particular the recent A465 Welsh Roads project in the UK.
  • Supported Insight Enterprises Inc, headquartered in Arizona, on amendments to its existing facilities, advising on matters relating to UK law and co-ordinating counsel and specialist advice across Insight's EMEA locations.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Chris Dun

Chris Dun

Hall of fameBrodies LLP

Chris specialises in UK real estate finance including housing finance. He also advises on healthcare and education finance and regularly provides Scots law advice in relation to securitisation transactions, bond issues, private placements and other structured transactions. His clients include a range of leading banks and investors active in the real estate investment and development market as well as property companies and housing providers.

Next Generation Partners

Neal Richardson

Neal Richardson

Brodies LLP

Neal is a Partner in the Banking & Finance team at Brodies. He takes pride in developing strong client relationships and providing clear, commercial advice. Acting for financial institutions, borrowers and investors, Neal has particular expertise in leveraged finance (especially in the North Sea oil and gas supply industry), real estate investment and development finance, shipping/marine finance, general corporate lending and cross-border international financing.

Practice head

The lawyer(s) leading their teams.

Bruce Stephen

Other key lawyers

Marion Macinnes, Neal Richardson, Michael Stoneham, Chris Dun