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TLT is regarded for its expertise in acquisitions, refinancings and facility restructurings, with particular strength in the asset-based lending space. The team supports domestic and international banks and lenders, guiding them through investment and development transactions. Douglas Gourlay heads the practice and specialises in debt finance, acquisition finance, securitisation, and restructuring work. Co-head Euan Cluness is well-versed in handling corporate and leveraged finance transactions for lenders and borrowers, while Fiona Armour excels in the healthcare sector. Peter Smartt joined the team in June 2024 and is active in the sustainable energy space.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The team is exceptionally responsive and committed — they go well beyond what is expected to support their clients. What sets them apart is the consistency with which they deliver thoughtful, commercially focused advice at pace.'
- 'They are proactive in raising potential issues or considerations that might otherwise be overlooked, which adds real value and confidence in decision-making. From a client’s perspective, the team genuinely feels like a partner rather than a service provider.'
Key clients
- AIB Group (UK) plc
- Santander UK plc
Work highlights
Assisted National Timber Group with the refinancing and increase of its term facilities with debt funds managed by Pricoa and super senior revolving credit facilities provided by Santander UK plc.