Mr Stephen Phillips > CMS > Edinburgh, United Kingdom > Lawyer Profile
CMS Offices
SALTIRE COURT
20 CASTLE TERRACE
EDINBURGH
EH1 2EN
United Kingdom
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Mr Stephen Phillips
Position
Partner
Career
Stephen Phillips is a partner with over 20 years of experience in a wide range of finance transactions.
He acts for both banks and borrowers in various sectors, including oil and gas, financial institutions, maritime and real estate.
Stephen has also been heavily involved in the transfer of loan portfolios and warehousing transactions and the Scottish aspects of the securitisation of residential and commercial mortgage loans as well as credit card and auto loans receivables.
He also has significant experience of advising on Bank of England Discount Window Facilities and advising Scottish financial institutions and corporates on loan note issues.
Stephen has an extensive advisory practice, which includes advising and opining upon the validity of complex financial instruments and structures under Scots law. He is the author of Scots law industry opinions including the Scottish ISDA Netting and Collateral opinions.
Stephen is a member of the Banking, Company and Insolvency Law Committee of the Law Society of Scotland and is one of the teachers of the International Finance LLM course at the University of Edinburgh.
Legal 500 identify Stephen as a Leading Individual in Banking and Finance in Scotland.
Education
- Law, University of Strathclyde, Glasgow
Lawyer Rankings
Scotland > Finance > Banking and finance
(Hall of Fame)CMS has a ‘team of outstanding lawyers who drive to get deals done in a commercial manner’. The firm is well known for its expertise in cross-border matters and provides tailored advice on a wide variety of financial transactions, with a particular focus on project finance, fund financing, real estate financing, and derivatives mandates. Gordon Hay
heads up the team and has a practice that largely concentrates on borrower instructions in the energy sector. Caryn Miller has recently acted for major clearing banks and real investment trust managers on complex refinancings, while Stephen Phillips is a trusted adviser to a host of trade bodies. Alan Fulton is a leveraged and acquisition finance specialist, and Jenny Allan is another key name for the firm’s energy sector clients. Darren Craig is prolific in the real estate and renewables space, while Michael Urquhart predominantly engages with the financing aspects of PFI projects. Fiona Henderson was promoted to partner in 2024 and has notable fintech and digital asset expertise.
Lawyer Rankings
Top Tier Firm Rankings
- Finance > Banking and finance
- Dispute resolution > Commercial litigation
- Real estate > Commercial property: Edinburgh and Glasgow
- Real estate > Commercial property: elsewhere in Scotland
- Corporate and commercial > Corporate and commercial: elsewhere in Scotland
- Employment > Employment
- Projects, energy and natural resources > Energy (excluding oil and gas)
- Real estate > Environment
- Public sector > Health
- TMT (technology, media and telecoms) > Intellectual property
- Finance > Investment funds
- TMT (technology, media and telecoms) > IT and telecoms
- Projects, energy and natural resources > Oil and gas
- Projects, energy and natural resources > Projects
- Transport
Firm Rankings
- Real estate > Construction
- Corporate and commercial > Corporate and commercial: Edinburgh and Glasgow
- Crime, fraud and licensing > Crime: fraud
- Public sector > Education
- Corporate and commercial > EU and competition
- Public sector > Local government
- TMT (technology, media and telecoms) > Media and entertainment
- Real estate > Planning
- Insurance > Professional negligence
- Real estate > Property litigation
- TMT (technology, media and telecoms) > Sport
- Employment > Health and safety
- Employment > Pensions