Asset Based Lending
We act for asset based and structured finance providers, advising on security and risk-management issues. We are frequently involved from the outset during the creation of a facility, drafting and negotiating facility and security documentation, providing advice on matters such as retention of title and the structuring of inventory facilities, and guiding lenders through workouts and enforcement procedures.
If an insolvency procedure is invoked we will often assist the insolvency practitioners in the implementation of a rescue or turnaround plan or in the realisation of charged assets. In situations where frauds are alleged, speed is of the essence and we are able to mobilise teams within minutes to apply for freezing orders to protect assets as necessary.
Our experience in this sector means we understand the complexities and nuances of the asset based lending industry and can draw upon a track record of providing a top-quality service in an efficient and practical manner.
Notable recent engagements include:
- Advising PwC on the administration of Global Engineering Plastic Products Limited (Venture Finance Plc)
- Advising MCR on the administrations of the Litho Supplies group of companies (DB Finance)