Addleshaw Goddard‘s structured finance group is ’very approachable and clearly very experienced’. It continues to grow its junior ranks to handle a growing volume of work across many different asset classes. An example is its work for Vanquis Bank in its £1.5bn entry into the second charge mortgage lending market through forward flow arrangements. Zoe Connor and newly promoted partner Olga Friedmann played pivotal roles in that deal. Connor co-leads the practice with Carl Posern, who focuses on funding for fintech lenders, structured ground rent financings, and SRT transactions, while Taymour Keen is ‘very sharp in his legal analysis’.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team at AG was very approachable and clearly very experienced.'
  • 'Clients are impressed at how they were set up to support small and nascent business alongside much larger corporate partners.'
  • 'Zoe Connor is clearly somebody who knows her market inside out. This is reflected by the regard she is held in by other sector stakeholders.'
  • 'Julia consistently demonstrates a great mix of expertise and pragmatism, instilling confidence in clients.'
  • ‘The team has come on a long way, and now has good depth and some excellent juniors. At their price point, their ability to work on complex deals is one of the best I've seen. We find they always have time for us, and they communicate proactively when they have other commitments. AG has put in time understanding our business and our needs. They have built a competitive moat to other firms because they "get" us. Genuine engagement and listening to the needs of our business is sadly a rarity, but we get that with AG.’

  • ‘Olga Friedmann has been our "relationship partner" long before she was promoted to the partnership. She is smart, commercial and pragmatic in her advice. We rarely see her run up unjustified costs. She listens well, backs her clients. For those reasons, Olga is highly recommended.’

  • ‘The team is very approachable and keen to understand us as a business. They are thoughtful in explaining the real impacts of their legal advice and are continually trying to anticipate issues. They manage transactions well both in terms of relationship management and deal timings.’

  • ‘Carl Posern and Olga Friedmann are valued for their ability to break down complex issues and present practical solutions. They always demonstrate a 'whole of market' view and understand complexities and business sensitivities. No ask is too small and they are very willing to spend as much time as is needed on any issues. They are thoughtful, timely and engaged at all times and a pleasure to work with.’

  • ‘Taymour Keen is one of the best lawyers I've worked with. He is an excellent lawyer whilst also being a lovely person and I really enjoy working with him. He really wants to know our business and actively takes steps to understand it, so that he can best tailor advice which makes transactions so much easier to manage for us as the client.’

  • ‘The team is great to work with - everyone is personable and I enjoy working with everyone I've met. Their attention to detail and responsiveness is excellent. They also try to stick to agreed fees where possible, whilst delivering a great client service.’

Key clients

  • Advanced Inheritance
  • Arrow Global
  • Aviva
  • Barclays Bank
  • Canada Life
  • Deutsche Bank
  • Firenze
  • Hampshire Trust Bank
  • iwoca
  • Just Retirement
  • Key Group, More 2 Life
  • Lloyds Bank
  • Maslow Capital
  • NatWest
  • NBrown, JD Williams
  • Paragon Bank
  • Pension Insurance Corporation
  • Phoenix Group
  • Scroll Finance
  • Shawbrook Bank

Work highlights

Advised a syndicate consisting of Aviva, Canada Live, Just Retirement and Phoenix Group on their investment in a £631 million non-recourse, non-amortising secured financing of a portfolio of properties owned by Medical Properties Trust ("MPT").
Advising Vanquis Bank on its strategic entry into the mortgage lending market, including through a series of highly structured forward flow transactions, which were key to the turnaround of the bank's business and with a target volume size in excess of £1.5bn.
Advising Arrow Global and Maslow Capital on an innovative new funding programme with Homes England to fund the remediation of brownfield development sites. This was structured as a private securitisation.

Lawyers

Leading partners

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

Carl Posern

Practice head

Carl Posern; Taymour Keen; Zoe Connor

Other key lawyers

Olga Friedmann