Afforded greater strength, both in the pure ABL context as well as with regard to broader finance matters, as a result of Horsham-based PDT Solicitors’ merger with Cripps in January 2024, the combined firm is an increasingly compelling proposition for both funders and corporates across a range of factoring and invoice finance matters. The ‘excellent’ Noel Ruddy has longstanding expertise in the field, which he applies both on financing transactions as well as on acquisitions and disposals in the sector. Dawn Shadwell co-heads the team alongside Ruddy and specialises in ABL-related refinancings and restructurings.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Noel Ruddy is excellent.'

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
  • Close Invoice Finance Limited
  • eCapital Commercial Finance Limited
  • FSE Group
  • Investec Group
  • Nucleus Group
  • Pulse Cashflow Finance Limited
  • Pulse Outsource Limited
  • Adept technology Group
  • Greymoor Holdings
  • Chapel Down Group
  • UKGI Group
  • Sahara Group
  • C. Hoare & Co Private Bank
  • B.P. March & Company Limited
  • HiiROC Limited

Work highlights

  • Acted for a long-standing financier client on a £6m receivable finance facility for a company specialising in the wholesale of food products and confectionary.
  • Acted for a financier with regards to the financing of a company specialising in the supply of concrete products and piling services to the construction industry for the purpose of further growth and working capital.
  • Acted in relation to the sale of the payroll and invoice finance business of Pulse Outsource, a group company of Pulse Cashflow Finance.

Lawyers

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

Practice head

The lawyer(s) leading their teams.

Noel Ruddy, Dawn Shadwell

Other key lawyers

Sian Webber, Ruth Clinton, Oliver Parsons, Kelly Wheller