Crowell & Moring U.K. LLP are well-positioned to advise on the structuring of asset-based facilities, both pre- and post-restructuring. Practice head Andrew Knight draws upon over two decades of experience to handle particularly sophisticated transactions, including those involving super senior ABL facilities. Knight continues to grow out the practice, with a marked emphasis on leveraged finance transactions and hybrid deals.
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Testimonials
Collated independently by Legal 500 research team.
‘Expert team working in the interests of their client. Always very efficient and delivering on time.’
‘The team have the ability to explain complex matters in simple, easy to easy-to-understand terms, which makes the process very smooth.’
‘Andrew Knight has been working with us for well over a decade, and he knows exactly how to provide us with the services we need. ’
‘C&M have always stood out in the ABL world with their deal-driven expertise and excellent subject matter knowledge. The ABL team work well together and matters are clearly communicated between the team, ensuring support for their client (us) every step of the way. ’
‘Andrew Knight delivers clear commercial advice whilst balancing legal risk in a timely and efficient manner. Bethany Warner is clear, commercially minded and has a great understanding of our business needs.’
Key clients
- Hilco Capital
- PNC Financial Services UK Ltd
- BZ Commercial Finance DAC
- Leumi UK Group Limited
- Secure Trust Bank PLC
- Mizuho Bank, Ltd
Work highlights
Advising PNC Financial Services in its participation in a Bank of America-led USD 550 million revolving ABL facility and a USD 50 million FILO term loan to Incora, Wesco Aircraft Holdings Inc.
Advising PNC Financial Services in the provision of super senior leveraged facilities (revolving and term loan) totalling GBP 50 million to Compass Bidco Limited.
Representing Hilco Capital in the restructuring, sale, and financing of The Body Shop by putting in place a loan facility of up to GBP 45 million to the buyer, Auréa Group, secured against the intellectual property and other assets of The Body Shop.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Andrew Knight
Other key lawyers
Bethany Warner; Tom Dell’Avvocato