Shoosmiths LLP is known for its ‘strong ABL background’, and stands out for its robust presence in the domestic market, with a particular emphasis on bilateral ABL deals. The practice also benefits from the firm’s wider capabilities in restructuring for financing agreements with entities in administration. The team, which thrives in the mid-market, is overseen by Jon Bew, who is relied upon by local and national banking clients. Alongside Bew, Natalie Barnes regularly leads on transactions and has recently been more active in representing borrowers.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Strong ABL background. Partners stay current with current issues and topics. Great relationship with partners and key support team who are available when required.’
‘ABL background. Depth of relationships built over many years.’
'Jon Bew and Natalie Barnes are recognised as leaders in the asset based lending industry and are well versed with issues that are likely to arise on most transactions, as well as dealing with complex technical aspects.'
'Natalie Barnes and Jon Bew are known as the go-to people in this area and can be relied on to work through challenging and complex issues sensibly and commercially.'
Key clients
- Shawbrook Bank Limited
- Aurelius Finance Company Limited
- IGF Business Credit Limited
- HSBC Invoice Finance (UK) Limited
- Hilco Capital
- Arbuthnot Commercial Asset Based Lending Limited
- ABN AMRO Asset Based Finance N.V., UK Branch
- Investec Bank Plc
- Investec Capital Solutions Limited
- Ultimate Finance Limited
- SME Invoice Finance Limited
- Novuna
Work highlights
Advised Investec Bank PLC on facilities provided to the Coach Travel Group, enabling it to acquire seven coach companies.
Acting for Ultimate Finance on the restructuring of their back-to-back facilities with Lloyds and NatWest.
Acting for HSBC on their first Sustainable Improvement Facilities to Eland Cables.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Jon Bew
Other key lawyers
Natalie Barnes