England - Yorkshire And The Humber • Finance

Irwin Mitchell

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Paddy Sturman leads the Leeds-based banking and finance team at Irwin Mitchell, and also acts as the national client partner for a number of high-profile names from the banking sector. The team has long-established expertise working for both borrower and lender clients on issues including corporate banking, real estate investment and development, and cross-border finance. Clients benefit from the team’s national reach, and consequent ability to ‘utilise resources across difference offices’.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Great connectivity and everyone knows their role and the transaction inside out.’

  • ‘Paddy Sturman is always available to discuss and is very approachable. Allows the junior members of the team to progress transactions but on hand to ensure a smooth process if issues come up.’

  • ‘We use Irwin Mitchell in Leeds for a significant percentage of our lending activity. We get prompt and accurate quotes, and the team puts a lot of thought into getting scoping and pricing right. There is always transparency on costs and we get excellent value for money.'

  • 'The team are responsive and always give clear and accurate advice. Transactions are well resourced with the right amount of partner involvement. There is a relationship of trust and we can rely on the team for transactions that are on tight timescales or have a degree of complexity. They are one of the 'go to' teams on our panel and compare favourably to other firms.’

  • ‘Paddy Sturman is personable and easy to get on with. He is always calm and measured and we have a high degree of trust in the advice that we are given. We can always rely on Paddy and his team to deliver on their commitments.'

  • 'The team will utilise resources across different offices depending on the deal.'

Key clients

  • HSBC UK Bank plc
  • Santander UK plc
  • National Westminster Bank Plc
  • ICG
  • Gravity Fitness
  • Lloyds Bank plc
  • ThinCats
  • Norddeutsche Landesbank
  • Hunters Property Group
  • Praxis

Work highlights

  • Advised National Westminster Bank and HSBC UK Bank on a sterling revolving credit facility of £75m (with a £35m uncommitted accordion) made available to a West Yorkshire-based manufacturer to assist with its growth plans.
  • Advised HSBC UK Bank on a £45m term loan and revolving credit facility to a Jersey-registered SPV company to facilitate its acquisition of a portfolio of over fifty properties in the healthcare sector.
  • Advised ICG on a term loan facility made available to a large national student accommodation business in relation to the refinancing of significant student accommodation schemes.

Lawyers

Leading individuals

Practice head

The lawyer(s) leading their teams.

Paddy Sturman

Other key lawyers

Mark Appleby