Mike Davison > Addleshaw Goddard > London, England > Lawyer Profile

Addleshaw Goddard
MILTON GATE
60 CHISWELL STREET
LONDON
EC1Y 4AG
England

Work Department

Finance and projects division.

Position

Partner in the banking team, within the finance and projects division, primarily based in London. He is a specialist in receivables financing, asset-based lending and trade finance, but also regularly advises on all types of working capital finance, including supply chain, supplier and distributor finance transactions. Recent experience includes advising Secure Trust Bank on the launch of its commercial finance division (including drafting precedent finance and security documentation); advising a fund on the provision of supply chain finance in Kenya, Peru, Kazakhstan and Croatia; advising a UK banks on the provision of Shariah compliant asset based lending facilities; advising the UK arm of a US asset based lender on the provision of ‘all asset’ asset based lending facilities in jurisdictions including England, Scotland and the US; and advising a listed UK corporate in relation to its entry into a non-recourse receivables financing facility structured to achieve full de-recognition treatment for accounting purposes.

Career

Trained Wilde & Partners Solicitors; qualified 2001; associate Hammonds Suddards Edge 2001; partner Addleshaw Goddard 2011.

Languages

French (conversational)

Education

Ampleforth College; University of Durham (BA Hons); College of Law, Store Street (CPE; LPC).

Leisure

Member of Chelsea Football Club; Richmond (Rugby) Football Club.

Lawyer Rankings

London > Finance > Asset based lending

(Leading individuals)

Mike DavisonAddleshaw Goddard

Led from London by the ‘commercial and knowledgeable’ Mike Davison and able to call upon significant resources in key regional locations, including Manchester, Leeds and Edinburgh, Addleshaw Goddard has ‘deep bench strength’ across the asset-based lending (ABL) product, from a new money, as well as restructuring/litigation perspective. This knowledge manifests itself not only in transactional work, but also helping to launch new products for established lenders, as well as working with start-ups bringing tech-led ABL products to market. As well as its core involvement in domestic transactions for lenders and borrowers, the team also continues to gain traction handling cross-border mandates, including Davison’s work for Indian-owned company Jubilant Pharma on their entry into $400m facilities with Standard Chartered Bank. Manchester-based Lauren Priest-Stephens was also involved in the aforementioned deal and is noted for her ‘superb market knowledge and practical approach’. Other recommended practitioners include Anna Hodgson, for ABL-related restructurings/insolvencies; Manchester-based Harold Brako , for ABL and receivables financing disputes; Euan Cluness, in Edinburgh, who has a specialism advising on ABL financings in the distillery sector; and Leeds-based Philippa McCarthy, whose arrival in September 2022 from Pinsent Masons LLP enhances the firm’s ABL transactional capability in the North East of the country. All named practitioners are based in London unless otherwise indicated.

London > Finance > Trade finance

Addleshaw Goddard‘s growing trade finance practice works closely with the firm’s regional focus groups, particularly the Africa Group, and also its sector focus areas, notably retail and consumer, to handle an increasing volume of domestic and cross-border transactions. Lead partner Mike Davison, who calls on a team of trade finance litigators and transactional lawyers in Edinburgh, Manchester and Leeds, recently acted for Jubilant Pharma in a $400m structured trade finance deal with Standard Chartered. Managing associate Batsho Nthoi, who joined the London office from Standard Chartered, brings extensive expertise in international trade finance transactions, particularly the distribution of receivables under large syndicated offerings.