Experience
Don has experience in all aspects of domestic and cross-border lending. He has particular expertise in receivables finance, asset-based lending, speciality finance and asset finance and advises his clients on a broad spectrum of bilateral and syndicated financings, refinancings and restructurings. Don's experience includes advising on:
- factoring arrangements
- invoice discounting agreements
- supply chain finance arrangements
- bilateral and syndicated debt purchase facilities and borrowing base facilities
- non-recourse structures
- inventory and equipment financings.
Many of the transactions on which Don advises are cross-border and he is experienced in dealing with issues relating to asset security across multiple jurisdictions. He also has extensive experience advising lenders and borrowers on structures where asset-based lending sits alongside other lending products, for example term debt provided against cash-flow.
In relation to speciality finance, Don's experience encompasses a wide range of asset classes, including bridging and development loans, leases/HP agreements, buy-to-let mortgages, SME loans, automotive loans, and litigation receivables. He has experience advising on syndicated and bilateral, senior/ mezzanine structures in a domestic and cross-border context.
Don regularly advises both borrowers and lenders on borrowing base facilities, warehouse structures, forward flow agreements, account bank arrangements and servicing agreements.
Don also advises lessors, financiers, investment funds, banks and other financial institutions on a wide range of asset finance transactions, including operating and finance leases, receivables purchase arrangements, loans for the purchase of equipment and the financing of managed service contracts.
Memberships
Law Society of England & Wales
Recent cases
- Acting for a major Asian bank in relation to a prepayment facility with a South American mining company
- Acting for a Norwegian bank in relation its £80m asset-based financing of an international food company
- Acting for HSBC in relation to an £50m asset-based lending facility provided to an international food company
- Acting for an Israeli bank in relation to its funding of receivables generated pursuant to a coal supply agreement between a Kazakh coal supplier and an Israeli public utility company
- Acting for Carmoola, a fintech company, in relation to £95m financing package provided by NatWest (as senior lender) and BCI Capital (as mezz provider)
- Acting for Gordon Brothers in relation to the firm's asset-based funding of the MBO of the OnDemand division of THG plc
- Acting for a large agri-business in relation to an asset-based lending facility with a syndicate of UK banks;
- Acting for a global investment fund in relation to a loan to a UK finance company backed SME loans
- Acting for Sancus Lending Group in relation to a £200 million credit facility provided by Pollen Street Capital
- Acting for Sancus Lending Group in relation to a £20 million credit facility provided by Paragon Bank