Banking and finance in Ireland

DLA Piper

A&L Goodbody LLP

The 'approachable and knowledgeable' team at A&L Goodbody LLP handles a broad range of domestic and cross-border financial matters, with experience in asset finance, corporate and syndicated lending, real estate and project finance, and loan portfolio sales. The firm frequently acts on the most complex and high-profile matters in the Irish market, with a client technology team providing support on large transactions. Notable members of the team include 'excellent' practice head Ciarán RogersPeter Murray, who is experienced in structured finance; Jack Sheehy, who has expertise in private equity finance; Niamh McMahon, who has particular strength in property finance; and senior associate Robbie O’Driscoll.

Practice head(s):

Ciarán Rogers

Other key lawyers:

Peter Murray; Jack Sheehy; Adrian Burke; Niamh McMahon; Robbie O’Driscoll

Testimonials

‘Very approachable and knowledgeable team. Provide very good value-added service as well. Always available. Extremely practical. Up-to-date in terms of the latest developments in the market.’

‘Ciarán Rogers is excellent. He has a wealth of knowledge and experience, and the ability to explain complex matters in a very simple manner and get to the key points.’

‘Robbie O’Driscoll is very approachable and practical. He is always keen to help on all matters, very knowledgeable in his field, understands complex issues and always provides commercial solutions.’

‘Peter Murray and Niamh McMahon of the banking and finance team stand out in particular. Their responsiveness and the quality of their advice is excellent. They make an effort to understand our business and the outcomes we are looking for and really become part of the team.’

‘Jack Sheehy is client friendly and practical. He has good market knowledge and a strong regulatory practice.’

Key clients

Morgan Stanley

Henderson Park Capital

Royal College of Surgeons

Elysian Capital LLP

The Bank of Nova Scotia

IPUT plc

The Medtronic Group

Dalata Hotel Group plc

Bank of Ireland

Ardonagh Group

Allied Irish Banks, p.l.c.

Wells Fargo Bank, National Association

Ulster Bank Ireland DAC

Pinewood Laboratories Limited

Taoglas Group

Work highlights

  • Advised Henderson Park Capital on its €1.34bn acquisition of Green REIT plc and on the provision of acquisition finance facilities by The Blackstone Mortgage Trust Inc.
  • Acted for Morgan Stanley, AbbVie’s lead financial advisers, on AbbVie’s proposed $63bn acquisition of Allergan.
  • Advised IPUT on a new and upsized €300m revolving credit facility with Wells Fargo Bank N.A., which included one of the first green RCFs in the Irish market.

Arthur Cox

Arthur Cox is particularly noted for its 'best in class' real estate finance practice, with key strength in the social housing and private rented sector (PRS). In addition, the firm's wide-ranging expertise also covers acquisition finance, structured finance, loan portfolio sales, and green and sustainable finance. Jointly led by Ultan Shannon and Kevin Lynch, the team is experienced in acting on high-profile domestic and international transactions. The 'incredibly gifted' Grainne Hennessy specialises in corporate, syndicated and real estate finance, while firm chair Orla O’Connor is experienced in loan portfolio transactions. Senior associate Ciara Buckley has notable real estate finance expertise.

Practice head(s):

Kevin Lynch; Ultan Shannon

Other key lawyers:

Grainne Hennessy; Orla O’Connor; Niamh Quinn; Matthew Dunn; Ciara Buckley

Testimonials

‘The real estate finance team at Arthur Cox are best in class. They are very knowledgeable about the market and best practice. They provide detailed and user-friendly advice and are always willing to make a recommendation. They put their client’s interests first and are sensible in their approach. They offer a very stable team to work on matters and are all a pleasure to work with.’

‘Grainne Hennessy is an incredibly gifted lawyer and one of the best in the Irish market. Her knowledge of the law, the market and general practice is excellent. She is very personable and easy to deal with. She would be our go-to person with any complex matters.’

‘Ciara Buckley is an excellent senior associate. She is very able to lead complex transactions and is able to distill complex legal issues into sensible and understandable advice.’

‘Kevin Lynch is very pragmatic and commercial. He is sensible and knows how to get a deal done.’

Key clients

Bank of Ireland

Ulster Bank Ireland DAC

Allied Irish Banks, p.l.c.

Bank of Scotland/Lloyds Banking Group

Kennedy Wilson

Blackstone

Citibank

Goldman Sachs

Bank of America Merrill Lynch

BNP Paribas

Wells Fargo

Deutsche Bank

DWS (real estate investment arm of Deutsche Bank)

PGIM

Ashtead Group PLC

Quadrant Real Estate Advisors LLC

Applegreen plc

Total Produce plc

Greencore Group plc

Apollo Management International LLP

NatWest Markets

Brookfield Asset Management

Alanis Capital

Work highlights

  • Acting as counsel to the Strategic Banking Corporation of Ireland in relation to its Future Growth Loan Scheme to support SMEs in Ireland adversely impacted by Brexit.
  • Advising Ryanair on its establishment of a euro-commercial paper programme (arranged by Barclays Bank Plc) and the implementation of the programme for its proposed £600m note issuance under the Covid corporate financing facility from the Bank of England.
  • Acted as Irish and Northern Irish counsel to BNP Paribas and a syndicate of domestic and international banks in relation to a €1.4bn revolving credit facility which was structured as a sustainability linked loan.

Maples Group

Maples Group's 'strong and experienced' team stands out for its significant offering in the fund finance space, with clients including a number of international funds and large asset managers. The group is also highly experienced in property and development finance, project finance, corporate and leveraged finance, and syndicated lending. It acts on high-profile matters in the domestic market, as well as handling cross-border transactions. Elizabeth Bradley and Sarah Francis co-head the team with Alma O’Sullivan, who has particular expertise in loan sales, fund finance and real estate finance. Senior associate Vanessa Lawlor is also noted.

Practice head(s):

Elizabeth Bradley; Sarah Francis; Alma O’Sullivan

Other key lawyers:

Vanessa Lawlor

Testimonials

‘The Maples team were excellent to deal with right from initial engagement through to completion. Throughout the engagement they were always available to discuss any issues which arose, offering proactive solutions which allowed us to deal with things quickly and ultimately bring the process to a successful conclusion.’

‘Sarah Francis was extremely practical, responsive and pleasant to deal with. She guided us through a challenging transaction in a pragmatic manner, going above and beyond to complete under a tight deadline. I would have no hesitation in recommending her and look forward to working with her again. ’

‘The team at Maples is very strong and experienced. The individuals that you are dealing with at the beginning of the transaction remain the point of contact throughout which is very beneficial for clients. The banking and finance team have excellent knowledge of their practice area and are able to predict their client’s needs. It is clear that the team have a wealth of experience through a number of complex transactions and this proves invaluable. The team are very personable as well as professional which always makes working with them a positive experience.’

‘Maples’ banking and finance practice differentiates itself primarily through providing market-leading advice and first-class client service at a competitive price point. While it is a relatively small team, it gives the impression of being much bigger.’

‘We have worked with Elizabeth Bradley on a number of transactions and have the utmost confidence in her judgement and advice. Liz is a very high-quality lawyer with an easy communications style.’

‘Alma O’Sullivan is professional, knowledgeable, efficient and dealt effectively with any issues arising.’

‘The Maples team consists of experts in their subject matter. They take the stress out of bank loan negotiations by taking the lead and bringing the client’s wishes to the table rather than working to a prescribed format between two legal firms.’

‘Sarah Francis, Elizabeth Bradley, Alma O’Sullivan and Vanessa Lawlor are all very competent, knowledgeable, efficient and decisive, providing a lot of confidence to the client in the way they go about the job at hand.’

Key clients

Allied Irish Bank, plc.

The Governor and Company of the Bank of Ireland

Ulster Bank Ireland DAC

Real Estate Loan Management

Madison International Realty

Marathon Asset Management, LP

Goldman Sachs International

Urban Volt Limited

Natixis

Fortress Investment Corp LLC

Tristan Capital Partners LLP

Nuritas Limited

Lloyds Bank plc

HSBC Bank plc

HSBC Invoice Finance

Bain Capital Credit

Barclays Bank PLC

Legal & General Assurance Society

New Fortress Energy

Golub Capital Markets LLC

National Westminster Bank Plc

Teamwork Holdings Limited

Mason Hayes & Curran LLP

Mason Hayes & Curran LLP advises its broad client base of domestic and international banks, investment funds and corporate borrowers on a range of complex financial transactions, including asset finance, real estate finance, acquisition finance and project finance. The team is also highly active in loan portfolio sales and acquisitions, where Neil Campbell is particularly experienced. Practice head William Carmody is well known for his expertise in the financing of renewable energy projects, while Micheál Grace handles international matters. Corporate banking specialist Jenny Ahern and Karol Fox, who is experienced in property finance, are also noted.

Practice head(s):

William Carmody

Other key lawyers:

Neil Campbell; Micheál Grace; Jenny Ahern; Karol Fox; Irene Nic Chárthaigh

Testimonials

‘Partner availability and engagement is always better with Mason Hayes & Curran.’

‘Very personal approach and great understanding of the client, their needs and more importantly their constraints. Can handle all requests from the benign to the complex and deal with each in a professional manner.’

‘Neil Campbell and Irene Nic Chárthaigh are standout individuals within the team that provide 100% commitment on a daily basis and put the bank’s interests first in all their dealings. Their professional and personal approach, along with their accessibility at all times, makes them stand out.’

Key clients

Allied Irish Banks, p.lc.

Bank of Ireland

Ulster Bank Ireland DAC/Royal Bank of Scotland

Barclays Bank Ireland PLC/ Barclays Bank PLC

Permanent tsb, p.l.c.

Irish Residential Properties REIT Plc

Greencoat Renewables PLC

Toyota Financial Services (Ireland) DAC

Norddeutsche Landesbank Girozentrale

NTR plc

Stepstone

Export Development Canada

HSBC Bank plc

Edgeconnex Inc

Pioneer Point Partners

Davidson Kempner

McGettigan Group

Fane Valley

Work highlights

  • Acted on behalf of Permanent TSB in the sale of a €500m non-performing loan Project Glas Tranche II portfolio to Lone Star Funds and Start Mortgages.
  • Advised Allied Irish Banks, p.l.c and HSBC Bank Plc on the provision of a multi-currency revolving loan facility, with the option of an accordion facility, to Portwest.
  • Advised RBC Europe Limited, as the leader of a syndicate of European banks, on providing a significant debt facility to Greencoat Renewables.

Matheson

Matheson's group has extensive experience of syndicated and bilateral lending, acquisition finance, property and project finance, and loan sales. In addition, its recent workload included a number of major cross-border financial restructurings. International work is a key area of expertise for the firm, which has a multidisciplinary digital services group that can assist with large-scale matters. Patrick Molloy leads the team, which includes real estate finance expert Michael HastingsDonal O’Donovan and David O’Mahony.

Practice head(s):

Patrick Molloy

Other key lawyers:

Michael Hastings; Donal O’Donovan; David O’Mahony

Testimonials

‘Strong relationships with their clients and good commercial acumen when drafting transactional documents.’

‘David O’Mahony goes the extra mile in terms of meeting clients’ needs and balancing all parties’ requirements.’

Key clients

Allied Irish Banks

NTMA

Barclays

HSBC Bank plc

Ulster Bank

Bank of Ireland

Rabobank/ ACC Group

Work highlights

  • Acted for Towerbrook Capital Partners L.P. on its €100m controlling equity investment in CarTrawler.
  • Advised an Irish bank on the financing of two new hotels in central Dublin.
  • Advised the Syncreon Group on its global financial restructuring.

McCann FitzGerald

McCann FitzGerald acts for clients on high-profile matters 'at the forefront of the Irish market'. It has wide-ranging expertise in acquisition finance, asset finance, project and infrastructure finance, construction and real estate finance, and fund finance, with particularly significant experience in multi-layered transactions. The firm is also known for its strong financial services regulatory offering, which is led by Josh Hogan. The sizeable team includes the highly regarded Eamon de Valera and Niall PowderlyPhilip Murphy has expertise in the financing of leveraged buy-outs and acquisitions, while Tom Dane is experienced in development finance. Niall McDowell and Aidan Gleeson provide strong support at senior associate level.

Practice head(s):

Fergus Gillen

Other key lawyers:

Eamon de Valera; Niall Powderly; Philip Murphy; Stuart McCarron; Tom Dane; Josh Hogan; Niall McDowell; Aidan Gleeson

Testimonials

‘Philip Murphy is regarded as the gold standard for Irish corporate banking lawyers. He combines superb technical skills with a very strong communication style. He is fair, direct and clearly plays the long game when it comes to dealing with clients.’

‘Niall Powderly has an excellent reputation in my organisation. He is a very fair, no-nonsense lawyer who excels at getting the job done with minimum fuss.’

‘The corporate lending team in McCann FitzGerald has a depth of knowledge in the Irish lending market which is impressive. It has a large team which seems to be involved in most of the significant transactions ongoing at any given time, giving it a depth of expertise and market knowledge that we find to be very beneficial.’

‘The firm mixes legal expertise with a consistent commercial approach which facilitates better transaction outcomes and delivers a superior customer experience ’

‘Very commercial, responsive, competent, solution-focused and proactive.’

‘The team led by Tom Dane and Niall McDowell is a strong blend of experience, commerciality and capability to close out transactions within tight timeframes. I have always had full confidence in being able to throw anything at this team and know that it will be dealt with in the most professional and sensible way, providing us with strong commercial advice and a way forward. The team are unique in my opinion in that they take the time to fully understand our business, our commercial triggers and give us clarity on steps to closing whilst doing this in a timely manner.’

‘McCann FitzGerald are a top firm and leader in the Irish market. They are at the forefront of the Irish market in terms of experience and expertise.

‘For us, Eamon de Valera and Aidan Gleeson are absolutely outstanding. They are approachable, scrupulous in working through detail, and always protect our business. They support the business decision by finding the legal solution, rather than trying to change the business approach to suit a legal solution.’

Key clients

Activate Capital Limited

Allied Irish Banks, p.l.c.

An Post

Ardstone Residential Partners Fund ICAV

Bank of America NT&SA

Bank of Ireland

Bank Of Nova Scotia

Bank Of Scotland

Barclays Bank

Bbva Ireland Plc

BCI Finance Limited

Bibby Financial Services Limited

Broadhaven Credit Partners

Broadlake Capital Limited

Capitalflow

Caterpillar International Finance DAC

Cenergise Limited

Central Bank of Ireland

Cheyne Capital Management

Citibank

Close Brothers Limited

Cortes NP Acquisition Corporation

Dairygold Co-operative Society Limited

Deutsche Bank AG

Die Deutsche Kreditwirtschaft

Dunport Capital Management

Elm Corporate Credit DAC

Energy Broking Limited

Esprit Investments Limited

European Investment Bank

Eventbrite Inc.

Finance For You Limited

Fitzwilliam Loan Management Unlimited Company

Foreign Currency Direct plc

Garrison Earlsfort Investments Limited

Global Student Accommodation Group

Goldman Sachs

Haitong Investment Ireland plc

Hayfin

Work highlights

  • Advised Avenue Capital Group on its acquisition of Castlehaven Finance DAC.
  • Advised Blackstone Mortgage Trust, Inc. on all aspects connected with its provision of €1.34bn of acquisition funding to Henderson Park in respect of the acquisition of Green Reit plc.
  • Advising AIB regarding the Irish law and commercial considerations relevant to its project to manage the transition away from LIBOR, which is due to take place by the end of 2021.

William Fry

William Fry is known for its significant strength in real estate and development finance, as well as commercial, PRS and social housing matters. Other areas of expertise include corporate finance, project finance, and increasingly, fund finance. Highly experienced in complex domestic and cross-border matters, the firm expanded its national offering in 2019 with the opening of an office in Cork, which is led by new partner Laura Houlihan. Other key members of the team include Elaine Hanly; Siobhan Carlin, who has notable property finance expertise; the 'brilliant' Jason Hollis; and senior associate David O’Shea, who joined from Dillon Eustace in 2020.

Practice head(s):

David Maughan

Other key lawyers:

Elaine Hanly; Siobhan Carlin; Jason Hollis; Padraic Kinsella; Lyn Brennan; Laura Houlihan; David O’Shea

Testimonials

‘Excellent responsiveness, accessibility to partners, consistent high-quality work and advice. Deemed a trusted adviser and partner when completing transactions.’

‘Jason Hollis has a relentless work ethic and willingness to get the job done. He is an excellent adviser, brilliant problem solver and has a natural understanding of business.’

‘Very responsive with very strong capability.’

‘Very pleasant and very responsive. Everything can be resolved and people take ownership.’

‘Siobhan Carlin stands out as an excellent lawyer who delivers for her clients.’

‘Jason Hollis is really strong and a pleasure to work with.’

Key clients

The Governor and Company of the Bank of Ireland

The European Investment Bank

Allied Irish Banks p.l.c.

National Asset Management Agency

Uniphar plc

Apollo Global Management, Inc.

Kennedy Wilson

Smurfit Kappa Plc

MML Growth Capital Partners

Ardagh Packaging Group plc

Patron Capital Advisors LLC

Silicon Valley Bank

Deutsche Bank AG

Hines

Ulster Bank Ireland Designated Activity Company

Orange Capital Partners

AXA Real Estate Investment Managers

U & I (formerly Development Securities)

York Capital Management

AMP Capital

MUFG Bank plc

State Street Bank & Trust Company

Eir Grid plc

ING Bank

Work highlights

  • Advised AXA Real Estate Investment Managers UK Limited on all aspects of its acquisition of La Touche House in Dublin.
  • Acted for Home For Life Limited Partnership in connection with the financing by AIB and LCM Capital LLP of senior and junior facilities to purchase multiple portfolios of residential properties that form part of a government-backed mortgage-to-rent scheme.
  • Acted as lead counsel to a lending club of Irish banks in the secured cross-border leveraged financing of Elysian Capital’s majority stake acquisition in the Mergon Group.

Beauchamps LLP

Beauchamps, which is highlighted for its 'commercial and solution-focused approach', stands out for its strength in real estate finance, where it acts for domestic pillar banks, borrowers and leading alternative funders that are active in the Irish market. The team is also experienced in advising on the development financing of major commercial, PRS and social housing schemes. Practice head Daniel Cashman also handles acquisition finance and loan portfolio acquisitions, while Niall O’Brien has extensive project finance and social housing sector expertise.

Practice head(s):

Daniel Cashman

Other key lawyers:

Niall O’Brien; Patrick Nyhan

Testimonials

‘The culture of the firm is one of fairness, accuracy and efficiency. The legal process is not over complicated in any way. The clear aim is to get the business done in the most efficient and effective manner.’

Niall O’Brien is fantastic at dealing with all banking matters with a no-fuss approach.’

‘Daniel Cashman has an easy-going manner and always takes a fair approach.’

‘They stand out for their commercial and solution-focused approach to all transactions and how they are very familiar with the bank’s requirements in terms of the various security documents.’

‘Daniel Cashman has a commercial approach and the ability to explain the issues to banking staff in layman’s terms.’

‘Daniel Cashman is a hugely talented lawyer and incredibly good at problem-solving and negotiating impasses out of the deal in a practical way. He is highly regarded in the industry. He is very responsive regardless of his work-flow and always makes himself available for calls and meetings as required.’

‘Excellent in terms of availability, commercial thinking and a solutions-driven mindset.’

‘It is very important to have legal advisers who have deep industry knowledge and experience to add to their general legal knowledge. Pat Nyhan at Beauchamps offers this to us. He has worked with us over the last number of years and has continuously added to his experience and thus has been able to give us value-added advice.’

Key clients

Allied Irish Banks plc

Ulster Bank Ireland DAC

Colony Capital

Cardinal Capital

Timbercreek Asset Management

Pepper

Cerberus

Respond

WLR Cardinal Mezzanine Finance Company Ltd

Home for Life

Work highlights

  • Acting for Colony Capital on the financing and pre-letting (by way of a joint venture with the Ronan Real Estate Group) of the Salesforce Tower in Dublin’s Docklands.
  • Advised Home for Life Limited Partnership on a facility from Allied Irish Banks, plc to finance the acquisition of bundles of distressed properties from financial institutions which will then be leased to the local authorities.
  • Advised Ulster Bank Ireland DAC on its large funding package for the Healthcare 21 group.

ByrneWallace LLP

At ByrneWallace LLP, the 'commercial, responsive and results-driven' team has notable expertise in development finance, as well as transactions involving a number of key sectors in the Irish market, such as social housing, renewable energy and healthcare. Practice head Mark Kavanagh has a particular focus on advising alternative lenders, while other key clients include Irish pillar banks and approved housing bodies. Deirdre McBennett has significant expertise in social housing finance. Also recommended are Paraic O’Kennedy, who is knowledgeable about development and project finance, and Elizabeth Ryan.

Practice head(s):

Mark Kavanagh

Other key lawyers:

Deirdre McBennett; Eileen Prendergast; Paraic O’Kennedy; Elizabeth Ryan; Laura Fitzpatrick

Testimonials

‘Aside from their deep technical knowledge and practical experience they have a very responsive and can-do attitude. Dealing with a combination of lawyers and banks can sometimes make it seem impossible to make progress but the team here are very focused on the end result.’

‘Paraic O’Kennedy has previously worked in-house in the financial sector and this knowledge of both sides of a transaction is invaluable in understanding how far any particular issues can be pushed and challenged. He will always return calls in a timely fashion, even at some times if this is very late in the evening. This type of service and responsiveness is hugely important.’

‘The team I have worked with has been ultra-flexible and available during a protracted negotiation. They have been accessible and instilled confidence in the advice received.’

‘Commercial, responsive, results driven, value for money.’

‘Mark Kavanagh is a very personable lawyer who is always available to help progress a deal. Mark is also very well respected in the banking community in Dublin and is a person that can get things done.’

‘Laura Fitzpatrick is very competent and highly efficient in what are often very time-critical transactions. Laura’s service level is also remarkable.’

Key clients

Amryt Pharmaceuticals DAC

Pepper Finance Corporation (Ireland) DAC

Allied Irish Banks PLC

Cullaun Capital DAC

LRC Group

Quanta Capital

Acorn Housing

SME Financing and Leasing Solutions DAC

Work highlights

  • Advised LRC Group on the acquisition and financing of a €150m residential portfolio.
  • Advised Acorn Housing on the acquisition of a social housing property portfolio using a combination of local authority and government-funded support together with a €50m revolving credit facility.
  • Advised a South African investment fund on the sale of Ireland’s largest building.

Dillon Eustace

Dillon Eustace has traditionally been strong in fund finance and non-performing loan transactions. Its 'knowledgeable and can-do' team is also experienced in real estate finance, and regularly advises Irish banks, non-bank lenders and borrowers on high-profile matters in the development finance space. Elsewhere, the group also advises on the financing of corporate transactions. Conor Keaveny is noted for his expertise in multijurisdictional structured finance work, while Keith Robinson and John-Hugh Colleran have been highly active in property finance matters.

Practice head(s):

Mark Thorne

Other key lawyers:

Conor Keaveny; Keith Robinson; John-Hugh Colleran

Testimonials

‘John-Hugh Colleran and his team are always professional in their approach and readily available when required. We trust in their expertise and have often sought advice prior to structuring complex deals which they are always more than happy to give.’

‘Dillon Eustace have a reputation for providing good value and good service levels. The firm is particularly strong in the funds space so any lending work with a fund aspect is generally a good fit for them.’

‘Conor Keaveny is particularly strong on the technical side. John-Hugh Colleran has excellent soft skills and a reputation for developing good working relations with borrower counsel. Keith Robinson enjoys a strong following among the lender community, particularly in the real estate space.’

‘A likeable, knowledgeable and can-do team with good industry knowledge and great experience in advising on large corporate deals. They are easy to lift the phone to and know what points can be dropped and what are worth fighting for.’

‘John-Hugh Colleran and Conor Keaveny have the same affable manner, confidence in their legal knowledge, and awareness of transactional needs and realities. Both are super approachable and a pleasure to deal with. A great little banking team. They’ve also given us a bit of added extra support in terms of talks and education sessions meaning they are good value for money.’

‘They take a very commercial and pragmatic approach and encourage all parties to communicate to aid efficiencies.’

‘Keith Robinson is very competent and practical. Also, he is well regarded and respected by other firms who act for us.’

Key clients

Goldman Sachs

Fairfield Real Estate Finance

Allied Irish Banks, p.l.c.

NAMA

Gazprombank

Yew Grove REIT

Ulster Bank Ireland DAC

Deutsche Bank AG

Investec Bank

Carval

Centric Health

MUFG

Work highlights

  • Acted for NAMA in providing secured financing to the Ballymore Group for a large residential property development in Co Kildare.
  • Acted for Heitman on the acquisition of a portfolio of 26 separate buy-to-let properties, having a value of circa €50m.
  • Acted for an international bank in relation to a sustainability-linked financing provided to a utilities company for the purposes of an investment project facilitating the distribution and use of renewable energy.

Eugene F. Collins

The 'commercial and thorough' team at Eugene F. Collins is highly active in the property finance space, with particular expertise in development and investment finance matters in the PRS and social housing sector. It is also experienced in leveraged acquisition finance and debt restructuring. The practice's diverse client base includes major Irish financial institutions, alternative lenders and corporate borrowers. Libby Garvey leads the team, which was strengthened at senior level by the arrival of Ray Byrne, who made partner in July 2020, from Arthur Cox.

Practice head(s):

Libby Garvey

Other key lawyers:

Ray Byrne; Erc Walsh

Testimonials

‘Eugene F Collins are really good, efficient and pleasant to work with. Their broad knowledge and expertise means that we can consider using them for most of our property transactions. They are really approachable and you never feel that you are taking up their time unnecessarily and they have their eye on the clock.’

‘The partners and solicitors are all so pleasant and normal to deal with. Not all firms are as approachable. When it comes to transactions, they look at them from a commercial perspective which is fundamental for us. They have taken on board any feedback we might have given about the firm and acted upon it.’

‘Libby Garvey and Ray Byrne are standout partners.’

‘Commercial, thorough and willing to ask the difficult questions to get a full understanding of the matter. Staff appropriately and meet timing deadlines effectively. ’

‘Libby Garvey is the key individual for us. Libby is approachable, intelligent and curious. She is able to call out and deal with complex corners of an issue and retains a good level of oversight of her team’s work, meaning appropriate seniority is given to our matters.’

Key clients

Medisec Ireland CLG

Allied Irish Banks, plc

Kestrel Capital Limited

Johnson & Johnson

Rabobank Ireland Designated Activity Company

Lloyds Bank

National Asset Management Agency

ACC Loan Management

HSBC Bank plc

Home Building Finance Ireland

Finance Ireland Credit Solutions Designated Activity Company

Cannon Kirk

Applegreen and Petrogas Group

Kepak Group

Ardan Advisory / Mercantile Group

TifCo Group

O’Callaghan Hotels Group

Magnet Group

Prim Ed Publishing

Powerleague Group

Karshan Group

BNP Paribas

Wealth Option Trustees Limited

Bank of Ireland

Danske Bank A.S.

Work highlights

  • Advised Cyril McGuire/South County Property Investments Limited on the €52m refinancing by Deutsche Bank AG, London Branch of a development facility provided to fund the construction of a landmark office building in south Dublin.
  • Advised the Governor and Company of the Bank of Ireland on the provision of an investment facility to Co-Operative Housing Ireland Limited to fund the acquisition of an approved social housing project in Rathnew, Co Wicklow.
  • Advised Arkphire Group Limited on the finance aspects of its acquisition of the issued share capital of Trilogy Technologies Group Limited and its five trading subsidiaries.

Eversheds Sutherland

Eversheds Sutherland advises on high-profile real estate finance transactions, loan sales and restructurings, project finance and corporate finance. Led by Piaras Power, the team has been particularly active in advising Irish financial institutions, specialised lenders and statutory bodies on domestic development finance matters, as well as acting on cross-border mandates with the firm's international offices. Darragh Blake, who is experienced in property finance, and Steve Rodgers are also key contacts.

Practice head(s):

Piaras Power

Other key lawyers:

Darragh Blake; Steve Rodgers

Testimonials

‘Eversheds stands out for its ability to collaborate internally with colleagues with other areas of specialism to solve clients’ problems. I recently had an experience on a property-related bank financing where the property and banking partners worked seamlessly to ensure a new senior debt financing was completed within a tight timeframe. It was clear both partners worked closely to ensure all issues raised were resolved quickly.’

‘We get exceptional access to and service from Piaras Power. He is up there with the very best in the industry and his legal knowledge and pragmatism is exceptional. He has a wonderful way of efficiently executing the legal transaction or funding through pleasant, confident and influential leadership.’

‘Some key strengths and capabilities include the wide range of services offered. Partners and associates emanate commercial acumen and have a depth of knowledge around all aspects of numerous sectors. The team is always very responsive and familiar with meeting regulator expectations.’

‘All associates and partners are professional at all times and provide appropriate and tailored advice. Good long-term relationship management is provided. The individuals always provide a prompt service and are always willing to discuss their interpretations and provide further clarity where necessary.’

Key clients

Activate Capital

Allied Irish Banks, p.l.c.

Cardinal Capital Group UC

Cairn Homes plc

Close Brothers Commercial Finance

Deutsche Bank

Finance Ireland

Hibernia REIT

HSBC

RELM

Ronan Group Real Estate

Sumitomo Mitsui Banking Corporation

The Governor and Company of the Bank of Ireland

Ulster Bank Ireland DAC

UniCredit

Barclays

Wells Fargo

Work highlights

  • Advised Allied Irish Banks, p.l.c. on the provision of long-term portfolio funding advanced to Túath Housing Association for the acquisition of up to 250 homes throughout Ireland.
  • Acted for Ulster Bank Ireland DAC in connection with the provision of facilities to Havenhigh Limited for the purposes of refinancing facilities previously advanced by Deutsche Bank and secured on the G Hotel and the Meyrick Hotel.
  • Advising Citibank Group on the global restructuring of the Weatherford Group.

Ronan Daly Jermyn

Ronan Daly Jermyn has a broad national offering, with offices in Cork, Galway and Dublin. It has expanded its practice with the launch of a financial services regulatory group that is led by Brian Hunt, who joined the Dublin office from Zurich Insurance in September 2019. The 'commercially-focused, practical and attentive' team is particularly active in real estate finance and corporate lending, spanning the residential, social housing, hospitality, technology and healthcare sectors. In Cork, key contacts include highly experienced practice heads Thomas FoxBrendan Cunningham and Cian Fenton, who has significant expertise in hospitality matters.

Practice head(s):

Thomas Fox; Brendan Cunningham

Other key lawyers:

Cian Fenton; Peter McGarvey; Evin McCarthy; Brian Hunt

Testimonials

‘I still find the access to partners as easy as it should be, which is not always the case when a firm grows to such a significant size. I also find that their lawyers are usually willing to provide not just legal advice but are also able to provide a commercial view which is especially important to us as a bank.’

‘It strikes me that there is a very positive culture throughout the firm and I also find the firm to be customer centric and very proactive. Some of the standout individuals in the firm include Brendan Cunningham and Tom Fox.’

‘Totally happy with the service we receive from the RDJ banking and finance team. They are extremely competent, thorough, responsive and straightforward to work with. They also offer very valuable advice and guidance. There are very strong standards evident throughout RDJ and the client is at the centre of their commitment.’

‘Cian Fenton is outstanding in terms of service, delivery, advice, competence and thoroughness.’

‘This law firm is always our first port of call: knowledgeable, personable, value for money and knowledge of their clients is second to none.’

‘Cian Fenton is very knowledgeable and approachable. He always anticipates the next steps in a transaction, making it as easy to navigate as possible.’

‘Evin McCarthy is extremely experienced in real estate and related finance work. He demonstrates a practical approach to matters and is always responsive.’

Key clients

Allied Irish Banks Plc

Bank of Ireland

Ulster Bank Ireland DAC

KBC Bank

Beechbrook Capital

iNua Hospitality Group

Pepper Finance Corporation (Ireland) DAC

O’Callaghan Properties

Bon Secours Health System

Carbery Group

Work highlights

  • Advised the iNua Hospitality group in relation to new group loan facilities arranged by Earlsfort Capital Partners.
  • Advised Beechbrook Capital on the provision of a term loan to the Bio-Medical Research Group.
  • Advised Carbery Group on its entry into a €35m loan facility with the European Investment Bank relating to the construction of a new mozzarella factory at Ballineen, Co Cork.

Walkers

Walkers' team is particularly noted for its experience acting as Irish counsel to international lender clients on cross-border mandates, and it also has significant expertise in fund finance and transactions with capital markets aspects. In addition, the group regularly handles domestic real estate finance matters, as well as corporate finance, distressed debt and loan sales. Key contacts include Andrew Traynor, Matt Hedigan and Ian McNamee, who have experience of fund finance, structured finance and real estate finance.

Practice head(s):

Garry Ferguson

Other key lawyers:

Andrew Traynor; Noeleen Ruddy; Matt Hedigan; Ian McNamee; Paddy Rath

Testimonials

‘Precise, available, supportive, collaborative and diligent.’

‘The team is knowledgeable, responds fast and is very approachable. They provide a good personal service, have the resources to do the job under strict deadlines, and are client focused.’

‘Andrew Traynor and Matt Hedigan have been very professional, reliable and most helpful with the task at hand. They have shown their dedication to the client and flexibility where required.’

‘Ian McNamee is a very prompt responder and is knowledgeable on cross-border tax issues affecting Irish entities.’

‘I found the Walkers finance practice to be both very competent and very commercial. They also have a wide range of financing capabilities, ranging from structured products to leveraged finance.’

‘Matt Hedigan is very responsive and knowledgeable, and understands his role in the transaction perfectly. ’

‘Very cooperative and available. They are able to work directly with my business colleagues, thereby freeing me from having to provide daily oversight.’

Key clients

Allied Risk Holdings Limited

Apex (formerly Link Asset Services)

Benchwalk Advisors LLC

Centerbridge

Crestline Capital

Davy Stockbrokers

Deutsche Bank AG

Donnelly Foods

Duff & Phelps

DTZ Investors

ESS Modular

Fairfield Real Estate Finance

First Energy Bank

GCP Asset Back Income (UK) Limited

Golub Capital

Halma plc

Hilltop Fund Management LLP

Home Building Finance Ireland, wholly owned by the Irish Minister for Finance

Iceland Seafood International hf

KTB Investment & Securities Co/, Ltd. / KTB Asset Management

Kylin Prime Group

Macquarie Bank

Man Group plc/ Man GPM Aalto

National Asset Management Agency (NAMA)

Natixis

NIBC Bank Deutschland AG

Nomura

Oceanpa

Work highlights

  • Acted as Irish legal and tax counsel to KTB in relation to the €160m acquisition of the Tesco distribution centre in Donabate, Co Dublin, and related senior and junior financing.
  • Acted for Apollo Capital Management, L.P on the $800m refinancing of NFE Atlantic Holdings LLC’s pre-existing credit facility and financing general working capital for the development and construction by the New Fortress Energy Group of liquefied natural gas terminals and energy infrastructure projects around the world.

Hayes Solicitors LLP

Hayes Solicitors LLP' 'thorough, detailed and communicative' team has particular strengths in real estate finance and acquisition finance transactions, where it acts for corporates, developers, direct lenders and major domestic banks. The team also advises on development finance, refinancings and investment finance. Also notable is that it has been active in the healthcare and social housing sectors. Practice head Michael Hanley has experience of a wide range of domestic and cross-border transactions.

Practice head(s):

Michael Hanley

Other key lawyers:

Tim Waghorn; Catherine Jane O’Rourke

Testimonials

‘Mick Hanley is clear in his advice and strong in his representation of the client’s interests whilst also ensuring he is available with a view to progressing transactions.’

‘The team led by Michael Hanley are very commercial in their thought process. They are excellent at managing timelines and most importantly delivering an excellent service on time and on budget.’

‘Hayes have a very good reputation and their banking and finance team provides a really excellent service that we can count on.’

‘Catherine Jane O’Rourke is absolutely fantastic and we find her highly professional and capable in all our dealings with her. She has been consistently excellent and always goes above and beyond expectations in her work.’

‘Hayes provides a senior lawyer-led service with excellent availability, providing expert advice in a succinct, commercially prudent manner.’

‘Michael Hanley listens to our needs and applies a pragmatic and business-focused approach in the delivery of expert legal advice.’

Key clients

Bank of Ireland (GovCo)

Allied Irish Banks plc

Ulster Bank Ireland DAC

Investec Bank plc

Global Fashion Group

International Investment & Underwriting Unlimited Company

Platinum Gyms Limited

IBRC (SL)

Hudson Advisors (Lone Star)

Pepper Asset Servicing

Castlehaven Property Finance DAC

Timbercreek Ireland Private Debt DAC

NIBC Bank N.V.

Capita Asset Services (Ireland) Limited

St Joseph’s Irish Airports & Aviation Credit Union

Bank of Ireland Mortgage Bank

Bank of Ireland Commercial Finance

Santiago Capital DAC

Work highlights

  • Advised International Investment & Underwriting Limited on its more than €10m investment in Datalex plc.
  • Advised Tigers Childcare Group on a secured lending transaction with Dunport Capital Management DAC to its parent company Tiger Time Holdings Limited to fund the group’s expansion into the UK.

Philip Lee

Philip Lee is noted for its significant experience in media and project finance, where newly appointed managing partner Jonathan Kelly has particular expertise. The team also regularly advises on corporate lending and development finance, and expanded its financial services regulatory offering with the hire of Marie Kinsella from the Central Bank of Ireland in January 2020. Simon O’Neill acts for numerous major bank and non-bank lenders.

Practice head(s):

Jonathan Kelly; Simon O’Neill

Other key lawyers:

Marie Kinsella

Key clients

Toronto Dominion Bank

National Asset Management Agency (NAMA)

National Treasury Management Agency (including ISIF)

The Housing Agency

Home Building Finance Ireland

Enercon GmBH

GreenOak UK Secured Lending

Intermediate Capital Group plc (ICG)

Allied Irish Banks, p.l.c.

Ulster Bank Ireland DAC

Finance Ireland Credit Solutions DAC

O’Flynn Construction

Grid Finance Impact Limited

Bank of Ireland

Vit Hit Limited

Cofiloisirs

Ingenious Media Services

Corrib Oil Group

Work highlights

  • Advised a Guernsey-based trustee company on its subscription for loan notes in a multimillion-euro loan to a limited partnership for the acquisition of a portfolio of residential apartments.
  • Advised Bank of Ireland as exiting lender on the pre-acquisition restructuring by Pensions Infrastructure Platform and consolidation of existing Bank of Ireland debt under a new portfolio facility with Bayern LB for Curraghderrig wind farm in County Kerry.
  • Advising O’Flynn Group on the refinancing of Project Oak, a €200m real estate portfolio consisting of both residential and commercial assets.

AMOSS Solicitors

Managing partner John O’Sullivan leads the team at AMOSS Solicitors, which focuses on property finance. The firm recently added a real estate sub-team, which is led by Áine Gleeson, and further strengthens its practice. The firm has particular expertise in the private rented and social housing sectors, advising development companies and specialist lenders.

Practice head(s):

John O’Sullivan

Other key lawyers:

Mary Coffey; Eoin Thomas McGuinness; Áine Gleeson

Testimonials

‘They have created a niche in the marketplace in dealing with some of the country’s biggest private residential developers and are well known for their expertise in this area.’

‘John O’Sullivan is extremely hands-on and always participates on conference calls, stays very close to the deals and is visible and contactable at all times. He is an extremely commercial individual who cuts through a lot of fluff to deal with core issues that inevitably arise during deals and drives deals forward to the next step. He is solution-driven and has a big reputation in the market for being practical.’

Key clients

Allied Irish Banks

Ulster Bank

Castlehaven Finance

Finance Ireland

Activate Investments

Cullaun Capital

Cardinal Capital Group

Warren Private

Pepper Money

Lotus Investment Group

Work highlights

  • Advised Finance Ireland on its provision of finance to a prominent hotel and bar group in Ireland to assist with funding the acquisition of a company which owns a well-known country house hotel and golf course.
  • Advised Warren Private on providing a well-known property developer with loan facilities of €22.8m to acquire a number of green and brownfield sites in Dublin city centre and other towns for the purpose of development as PRS schemes.
  • Advised Eastwise Homes and its group companies on the financing of a PRS scheme in Dublin city centre, comprising of up to 475 units, by a consortium of lenders.

Fieldfisher

Fieldfisher has notable expertise in real estate finance and the financing of renewable energy projects, particularly wind farms. The team, which works with the firm's other offices in cross-border transactions, also advises on loan portfolio sales and acquisitions. Breen Purcell, energy sector specialist Feilim O’Caoimh and development finance-focused Paddy Smyth co-head the practice.

Practice head(s):

Breen Purcell; Paddy Smyth; Feilim O’Caoimh

Testimonials

‘Paddy Smyth’s practical approach to finding solutions to legal problems, coupled with his technical expertise, is invaluable.’

Key clients

Galetech Group

Holmes O'Malley Sexton

Holmes O'Malley Sexton's 'articulate and intelligent' team has a national presence, with it being based in offices in Dublin, Cork and Limerick. It is highly experienced in property and construction finance, as well as M&A finance and refinancings. Clients include major domestic banks, semi-state bodies and development companies. Limerick-based Lisa Killeen leads the practice.

Practice head(s):

Lisa Killeen

Testimonials

‘Excellent and professional and know their brief well.’

‘Lisa Killeen is top class – professional, diligent and leaves no stone unturned.’

‘Holmes O’Malley Sexton is a firm of substantial scale with a primary focus in Munster. The lawyers within the firm strike me as having very close relationships with their clients and in addition to providing legal advice in many cases seem to be the trusted adviser and confidante. The HOMS team are very well networked and are very visible in the market that they serve.’

‘Lisa Killeen is a standout lawyer in the firm who we have regular engagement with.’

‘This practice is large enough to handle the most complex of cases while retaining the ability to care for the client (as a smaller firm would do).’

‘The individuals we work with are articulate and intelligent and retain the personal touch. They have the ability to comprehend the issues and provide the appropriate solutions.’

‘Expert knowledge.’

‘Lisa Killeen is very diligent, has excellent attention to detail and is very thorough.’

Key clients

Bank of Ireland

Allied Irish Banks, p.l.c.

Ulster Bank Ireland DAC

KBC Bank Ireland p.l.c

Limerick TwentyThirty Strategic Development DAC

Work highlights

  • Advised Limerick TwentyThirty Strategic Development DAC on the loan and security arrangements for the €25m funding of the Gardens International development in Limerick City and the European Investment Bank and Council of Europe Development Bank loan documents for €85m in funding for the Opera Site.
  • Advised Allied Irish Banks, p.l.c. on a development finance facility of €5.6m in connection with the extension to an existing retail and service station premises.
  • Acted for a real estate company availing of a €23m loan facility from Barclays Bank in order to facilitate refinancing the cost of acquisition of residential premises originally advanced by another lender.

LK Shields Solicitors LLP

Andrew Power leads LK Shields Solicitors LLP's 'very strong and commercially-focused' team, which is particularly experienced in property finance and corporate banking transactions. It advises both lender and borrower clients, including major domestic banks and corporates.

Practice head(s):

Andrew Power

Testimonials

‘Always accessible, unflappable, knowledgeable and friendly.’

‘Very strong and commercially-focused team who can cut through the waffle and get to the substance of the transaction and associated risks very quickly.’

‘Andrew Power is my principal contact – it’s great to be able to use him as a sounding board before you even begin to put a shape on a transaction to understand the items to watch out for and mitigate against. Very approachable and a very good communicator.’

‘Availability, experience, and attention to detail.’

‘Andrew Power is personable and good to have on your side.’

‘Pragmatic and commercial team. Translated legal issues to allow for efficient decision making. Thought through potential issues well. Always came up with solutions and not just flagging problems. Proactive in their approach to managing the process and other side’s solicitors. Negotiated key points well.’

Pinsent Masons LLP

Pinsent Masons LLP launched its banking practice in Ireland in February 2019 with the arrival of Ann Lalor from Whitney Moore. The 'proactive and responsive' team is experienced in project finance, acquisition finance and real estate finance, frequently advising on the Irish law aspects of cross-border matters alongside the international firm's other offices.

Practice head(s):

Ann Lalor

Other key lawyers:

Lisa Matthews

Testimonials

‘An international practice, with real interaction with colleagues to deliver a seamless service. The collaboration with UK colleagues drove efficiencies and simplified the sale process. There was also good integration with UK colleagues to deal with technical legal queries.’

‘Very proactive and responsive team who had my back all the time.’

Key clients

Allied Irish Banks, p.l.c.

Work highlights

  • Advised Ernst & Young as provisional liquidators and subsequently, liquidators of Spicers (Ireland) Limited.