FINANCE & BANKING TRANSACTIONS
OVERSEEING TRANSACTIONS
Our team have overseen over a hundred matters involving security given by companies when banks have required their own independent third party solicitors, as the transactions involve complex areas of company law (especially provisions relating to financial assistance and share buy-back). They are also regularly instructed by banks in the drafting and negotiation of deeds of priority and/or release, the review of memoranda and articles of association, share sale agreements, deeds of appointment and collateral warranties in property development matters. Claire Reddington also supports the team.
REPORTS ON TITLE
Richard Hamilton of our property department has acted for banks in preparing over 60 reports on title in the past 12 months (both freehold and leasehold titles) and effecting the required registrations. He also obtains foreign legal opinions for banks when required.
TRADING ENDOWMENT POLICIES
Grahame Jones and Joanne Carroll head up our traded endowment policy unit (TEPS) which acts mainly for offshore banks and others involved in lending funds to those acquiring or trading endowment policy portfolios, including certification of title and dealing with appropriate registrations. They currently certify title for approximately half the policies traded in the TEPS market in the UK and have successfully dealt with over 60,000 policies in the last few years.
COMMERCIAL LITIGATION
Andrew Ryan heads the commercial litigation department, and has spent many years acting for a large number of banks, involving many millions, including a recent settlement on a particular matter for £30 million. The department deals with claims ranging from breach of trust, former advisors, fraudulent bank employees, guarantee claims etc
CALL 0161 832 3304 FOR A CONSULTATION WITH A SOLICITOR AT DAVIS BLANK FURNISS
