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Stuart Fitzsimmons

Work 0122 4356 145

Work Department

Banking and Finance


Stuart is a Dentons partner in our banking and finance team in Scotland.  He acts for banks and other financial institutions and borrowers in connection with all manner of debt finance transactions with a particular focus on M&A financing, financing transactions in the energy sector, asset based lending, housing and real estate finance, and general corporate debt.


Trained Maclay Murray & Spens LLP; qualified 2005; assistant solicitor Maclay Murray & Spens 2005-07; senior solicitor 2007-09; Lloyds Banking Group secondment 2009; associate Maclay Murray & Spens 2010-12; partner Dentons 2012 to date.


Glasgow University (2002 LLB (Hons)); Glasgow Graduate School of Law (2003 Diploma).


Football; golf; music.

London: Real estate

Social housing: finance

Within: Social housing: finance

Dentons has become active in the social housing finance space following its absorption of Maclay Murray & Spens, which brought to the firm Wendy Wilks, who advises REITs, registered providers and banks in lending and finance deals. Standout highlights include Wilks acting for Affordable Housing Finance in relation to the £320m securitisation of loan facilities to a variety of borrowers, and advising Croydon Churches Housing Association on the restatement of loan agreements with RBS, Santander and Nationwide. On the bank side, Stuart Fitzsimmons acted for RBS on the restatement of various loan agreements with registered providers including Angus Housing Association and Kingdom Housing Association. The team also has a presence in Scotland, where it assists The Housing Finance Corporation and Affordable Housing Finance with the property security aspects of loans made in Scotland, as well as England and Wales.

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Scotland: Finance

Banking and finance

Within: Banking and finance

Dentons now has a major banking practice in Scotland, following its combination with Maclay Murray & Spens LLP in October 2017. Led by Susan Kelly, the team acts for some of the largest corporate borrowers in Scotland in financing transactions across a wide variety of sectors, with particular strengths in food and drink, financial services and energy. It also generates a significant amount of lender-side work, with the firm having longstanding relationships with clients such as The Royal Bank of Scotland (RBS), Santander and Clydesdale Bank. As part of a wider global network, the Scotland-based team has a strong capability in cross-border transactions; this is particularly the case in funds finance, an area where recently promoted partner James Wilson and Kelly are leading experts. Outside of funds finance, Stuart Fitzsimmons and Anna Crosby acted as the lead counsel to Norwegian defence and maritime company Kongberg Gruppen ASA in the refinancing of a circa £200m revolving facility involving SEB Bank, Danske Bank, Nordea Bank and JP Morgan. Fitzsimmons and senior associate Johanne Lewin also assisted RBS, Lloyds Bank Plc, Nationwide and Blackrock with providing financing to Wheatley Housing Group. A notable asset-based lending transaction involved Wilson acting for First Milk Limited in the provision of a £76m asset-based lending facility by Wells Fargo in 2017. Ainsley Reid joined Morton Fraser.

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Scotland: Projects, energy and natural resources

Energy (excluding oil and gas)

Within: Energy (excluding oil and gas)

Dentons merged with Maclay Murray & Spens LLP in 2017, with the combined entity now benefiting from both firms' strengths in the area of energy regulation. In addition, the merger means there is now additional resource to assist clients with small to mid-scale projects (particularly in relation to onshore wind, hydro and gas peaking/gas CHP distributed generation). Led by David Cruickshank, the team acts for a wide range of participants in the renewable and alternative energy market, including developers, contractors, landowners, funders, regulators and regulated companies. A highlight in 2017 involved acting for UK Green Investment Bank in its £2.3bn sale by the UK government to Macquarie. In addition, director Carolyn Burns, Cruickshank, Mark Hamilton, senior associate Paul Young and director David McGowan advised Aggreko on its successful joint bid with National Grid to provide a new energy solution for the Shetland Islands. Bill Fowler is knowledgeable about marine renewables, onshore wind and energy from waste/renewable heat projects. Other notable partners are Stuart Fitzsimmons, who advises lenders and developers on renewable energy financing transactions, and real estate partner Allan Cairns. Stewart Maciver and senior associate Gareth Tenner are also recommended.

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