The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Addleshaw Goddard

19 RUBISLAW TERRACE, ABERDEEN, AB10 1XE, SCOTLAND
Tel:
Work 01224 965 400
Fax:
Fax 01224 632 072
Email:
Web:
www.addleshawgoddard.com

Catriona Smith

Tel:
Work 01224 965402
Email:
Addleshaw Goddard

Work Department

Energy, shipping and infrastructure.

Position

Catriona provides specialist corporate and banking advice to many of the major banks in the UK and a variety of corporate borrowers. She has a particular focus on the shipping, energy and offshore supply chain sectors. Based in the Aberdeen office Catriona maintains a strong practice handling major transactions in the onshore – and offshore renewables, offshore supply chain and shipping sectors. Her finance experience includes specialist ship finance, conventional and Islamic financing structures and bond issues, and she deals regularly with ship and energy finance transactions across multiple jurisdictions and time zones. Catriona recently acted for a UK leader in a major port refinancing and redevelopment and acted for a UK leader in a financing of an onshore windfarm development.

Career

Trained HBJ Gateley; qualified 2006; lawyer HBJ Gateley 2006-07; Herbert Smith, London 2007-08; HBJ Gateley 2008 to date, associate 2010, partner 2014.

Member

Law Society of Scotland.

Education

Mackie Academy, Stonehaven; University of Aberdeen (2003 LLB Hons).


Scotland

Transport

Within: Transport

Following its merger with HBJ Gately in June 2017, Addleshaw Goddard has a pre-eminent shipping team in Scotland, handling wet and dry mandates at a national and international level. It is particularly noted for international transactional shipping advice and ship finance work, but it also provides a full-service dispute resolution offering, including extensive experience in London arbitrations. The ‘hugely impressiveEd Watt leads the practice and has ‘an incredible knowledge of maritime law’. Watt is advising Caledonian Maritime Assets, a company wholly owned by the Scottish government, as the buyer in connection with building and refinancing of two passenger ferries under construction by Ferguson Marine Engineering. Ship finance work is led by Alan Shanks, whose background and experience in the Middle East and Caspian shipping sectors are a huge asset to the team. Catriona Smith acts primarily for lenders in ship finance transactions, with niche expertise in shari’ah law. The group handled the due diligence for a major US law firm in relation to a proposed $200m investment into a global cruise line. It also acted as English and Scottish counsel to Topaz Energy and Marine in connection with its successful $375m high yield bond issue.

[back to top]

Scotland: Finance

Banking and finance

Within: Banking and finance

Addleshaw Goddard, which launched in Scotland by merging with HBJ Gateley in 2017, has an experienced team that demonstrates 'a high level of commerciality when reviewing transactions'. Further, 'it can provide considered advice through a bank or borrower lens, allowing good decisions to be made'; clients include Royal Bank of Scotland, Clydesdale Bank, Santander, HSBC, Robertson Group and Topaz Energy & Marine. It also acts for non-bank funders, such as Route Finance and Shawbrook Bank. The team is led by Alan Shanks, who has vast experience of acquisition finance transactions in the renewable energy, oilfield services and shipping sectors. In 2017, Shanks was the lead adviser to Business Growth Fund on a £56m co-investment with Blue Water Energy into ROVOP; the purpose of the financing was to enable ROVOP to expand its fleet of remotely-operated vehicles. Euan Cluness handles acquisition and leveraged finance transactions, and he also has notable experience of asset-based lending, particularly in the whisky industry. Cluness acted for for PNC Business Credit and the Bank of Scotland in their £80m asset-based lending facility to independent distiller Ian Macleod Distillers. Alex Innes, who is dual-qualified in English and Scottish law, is recommended for his real estate finance expertise. Tom SpeirsCatriona Smith and managing associate Peter Smartt are other key figures.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to