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Dentons

Living Wage
ONE FLEET PLACE, LONDON, EC4M 7WS, ENGLAND
Tel:
Work 020 7242 1212
Fax:
Fax 020 7246 7777
DX:
242 LONDON CHANCERY LANE WC2
Web:
www.dentons.com

Paul Holland

Tel:
Work 020 7246 7220
Email:
Dentons

Position

Paul Holland is head of the Banking and Finance Department in London. He has broad experience in a wide range of financial disciplines. Having started off as a project finance lawyer with a particular focus on the Middle East, his practice has migrated through several disciplines including trade finance, real estate finance, acquisition finance and aircraft finance. Latterly, Paul has focused on non-aviation export credit which has almost led him full circle back to project finance. Throughout his legal career, there has been a consistent emphasis on the emerging markets and in particular the Middle East where Paul was based for seven years. He travels regularly to the region and a lot of his work either emanates from or is connected to the Middle East. He has a good working knowledge of both written and spoken Arabic. Through his long association with the Middle East, he has also significant experience and understanding of Islamic finance and he has written and spoken frequently on this subject. Paul has acted for a wide range of clients including banks, export credit agencies, sponsors, lessors and corporate borrowers. He advises frequently on complex cross-border, structured finance transactions often with a capital markets element.

Career

Lawyer Clifford Chance 1988; lawyer Fox and Gibbons, Dubai 1993-96, partner 1996-97; partner Dentons Dubai 1998-99, partner Dentons London 1999-present.

Education

Senior courts of England and Wales.


London: Finance

Asset finance and leasing

Within: Asset finance and leasing

Headed by the 'excellent' Paul Holland, Dentons' five-partner team provides a 'strong service' to banks, lessors, manufacturers and operators across the spectrum of transportation asset classes. Perhaps best-known, however, for its work in the aviation sector, the team has vast experience across commercial and ECA-backed financings, in addition to transactions implementing complex leasing structures. Having formerly worked in the region, a significant proportion of Holland's work relates to Middle Eastern entities, including his recent work for Emirates on a series of ten JOLCOs for Boeing 777ER aircraft and for Qatar Airways on the financing of two 747-8 Freighters by HSBC. Nick Chandler and Serge Sergiou are also noted for their aviation finance expertise, in particular, while the team is rounded out at a partner level by Greg Kahn, who has a focus on ship finance and Sarah Dyke, who is noted for her corporate jet and super yacht financing work. Clients include Société Générale, Air Nostrum, Airbus and Avolon.

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Emerging markets

Within: Leading individuals

Paul Holland - Dentons

Within: Emerging markets

Dentons¬†is 'responsive, clear and pragmatic' on structured finance transactions in emerging markets. One client praises the lawyers' 'availability, really fast response times and excellent industry knowledge'. The firm has a large network of offices around the world, on which the London office draws for deep sector expertise and local market knowledge. Its track record in Africa goes back more than¬†50 years, though it also focuses heavily on the Middle East,¬†Russia and the CIS for banking and finance transactions. The firm's respected¬†Islamic finance practice frequently handles sukuks and other shari'ah-compliant structures. Capital markets is its key area of work in emerging markets, though it also handles¬†energy projects, and trade and project finance transactions. Its highlights deals from 2017 included acting for Lithuanian energy company Lietuvos Energija on its ‚ā¨300m green bond offering under its EMTN programme. This was the first international green bond issues in the CEE region, and¬†DCM specialists¬†Nick Hayday¬†and¬†David Cohen¬†¬†led the transaction.¬†Celia Gardiner¬†is a leading light in structured trade and commodity finance and one client describes her as 'very strong at simplifying complicated matters, and very clear and persuasive in her explanations'. She advised¬†Sumitomo Mitsui Banking Corporation on a $1.3bn pre-export finance facility for the Ghana Cocoa Board.¬†Paul Holland¬†leads the London banking practice and is a core member of the Islamic finance group.¬†US securities partner Cameron Half¬†handles high-profile debt and equity transactions.¬†Also recommended are¬†international oil, gas and power sector expert Danielle Beggs, infrastructure partner Dominic Spacie, energy sector finance expert Tim Pipe, and syndicated loan practice head Isaac Felberbaum.

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Trade finance

Within: Trade finance

Clients praise the 'responsive, clear, pragmatic' practice at Dentons, which excels in structured commodity finance, reserve based lending and export credit financing. A leading light in the market, Celia Gardiner leads the trade finance practice and is 'very strong at simplifying complicated matters, in addition to being very clear and persuasive in her explanations and arguments both with clients and counterparties'. She acted for Sumitomo Mitsui Banking Corporation on the $1.3bn annual pre-export finance facility for the Ghana Cocoa Board, which is secured on the receivables generated by Ghana's export of cocoa. Tim Pipe advises lenders, borrowers, international financial institutions and trading companies on financings in the energy sector, with a particular focus on upstream oil and gas businesses, as well as in emerging markets including Russia and Nigeria. He handled a $640m structured facility for Neconde Energy on behalf of lender Africa Finance Corporation. Mark Cheney's main focus is physical commodities trading and structured commodity trades in the energy sector. The practice also calls upon the structured finance and capital markets knowledge of Matthew Sapte and the export credit financing expertise of London banking and finance head Paul Holland. Rising star and senior associate Ian Clements plays a key role in structured trade and commodity financing deals, and recently acted for security agent Natixis on the restatement of a $475m borrowing base facility.

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