Having merged with PDT Solicitors in January 2024, Cripps bolstered its asset-based lending expertise and now showcases a robust presence in the South. The firm acts for a number of asset based lenders and financiers alongside fintech funds. The ‘dedicated’ team is co-headed by Horsham-based Noel Ruddy and Dawn Shadwell. Ruddy is well-positioned to handle financing transactions involving acquisitions, while Shadwell focuses predominantly on ABL-related refinancings and restructurings.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They listen carefully before looking to provide the service requested so as to meet our expectations. Dedicated team and named contacts delivering a consistent service.’

  • ‘Great at listening and a desire to provide a service that meets our expectations.’

Key clients

  • CH1 Investment Partners LLP
  • Peer Holdings
  • Close Brothers Limited
  • Holiday Extras Investments
  • TBH Property Holdings Ltd
  • The Conduit
  • Santander UK PLC
  • Paydens
  • HSBC
  • ABN AMRO Asset Based Finance N.V.
  • Arbuthnot Commercial Asset Based Lending Limited
  • Bibby Group

Work highlights

Acted on refinancings involving drafting the asset-based lending agreement which included incorporation of receivables finance, inventory finance, cashflow finance, property finance and growth guarantee scheme loan.
Acted for this long-standing investment funds client providing our expertise in securities and ad hoc finance advice.
Advised a long-standing client, eCapital Commercial Finance Limited on the acquisition of the entire issued share capital of Optimum SME Finance Limited.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Noel Ruddy

Practice head

Noel Ruddy; Dawn Shadwell