Asset finance and leasing

Hill Dickinson’s banking and finance team is experienced in acting for both lenders and borrowers in receivables finance and asset-based lending transactions. Our experience in these areas includes funding acquisitions in structured finance transactions. We also have an excellent track record in using invoice discounting and factoring to create appropriate lending structures in reorganisations, debt restructuring and refinancing.

We advise on areas such as:

  • Rail
  • Drafting and negotiating receivables finance documentation
  • Appropriate lending structures and vehicles
  • Taking security over receivables and perfecting security interests
  • Subordination, intercreditor and payment blockage mechanisms in multilayered transactions

Hill Dickinson is also experienced in acting for both lenders and borrowers in asset finance and leasing. We are able to offer advice on structuring asset-based transactions and integrating such borrowing within broader funding structures. Our expertise also involves creating effective security nets and dealing with the complex intercreditor and subordination issues that arise.

We advise on areas such as:

  • All types of asset finance and hire purchase documentation (including ships, aircraft, yachts, plant and machinery)
  • Taking security of particular types of assets including chattel mortgages, debentures, guarantees and performance bonds
  • Subordination and intercreditor issues in multilayered funding structures

Our clients include:

  • Five Arrows Leasing Group Ltd (part of the Rothschilds Group)
  • Deutsche Leasing (UK) Ltd
  • Bank of America Leasing
  • Tokyo Leasing (UK) plc
  • Econocom UK Ltd
  • Porterbrook Leasing Company Ltd

Key contacts


Malcolm Taylor
Partner
Malcolm Taylor
Telephone
+44 (0) 207 280 9136
Email
malcolm.taylor@hilldickinson.com
Roderick Palmer
Partner
Roderick Palmer
Telephone
+44 (0) 207 280 9137
Email
roderick.palmer@hilldickinson.com
Edmund Woollam
Partner
Edmund Woollam
Telephone
+44 (0) 207 280 9204
Email
edmund.woollam@hilldickinson.com

Ranked firm in Chambers UK 2010

Sources say: "Excellent and efficient."

Legal 500

Hill Dickinson LLP’s "excellent" and "pragmatic" practice is making "real headway" in the North West, thanks to a series of bank panel appointments, including Lloyds TSB’s large corporate (general) and corporate finance panel and HSBC’s commercial panel… it is "competitive" on fees and is more "commercially orientated" than other practices of a similar size. It features the "pragmatic" and "proactive" Patrick Keown and new arrival Elaine Charrôt.