Banking & Finance: Islamic Finance - London (Firms)
Basic facts about the department
- 10 partners
- 24 other qualified lawyers
What the team is known for Continues to impress observers with its blend of sponsor, lender and borrower-side representation. Enduring relationships with some of the most significant players on both sides of the market.
Strengths (Quotes mainly from clients)
Breadth of services: "They're multidisciplinary, with an amazing grasp of the law. They are commercial, user-friendly and reactive. They are the go-to people for me."
Client service: "They have been extremely helpful, always approachable and have always made themselves available. They explain things in exactly the right way and manage clients well."
Market standing: "It's a top-end finance practice."
Work highlights Acted on behalf of mandated lead arrangers Barclays and JPMorgan Securities regarding a term loan B financing extended to chemical manufacturer INEOS.
Advised Investcorp on its financing arrangements for the purchase of Esmalglass, including a unitranche facility and a revolving credit facility.
Anthony Ward is extremely popular among market sources, who refer to him as a "driving force" in the market and "very much a top-tier player." He has been advising Barclays, JP Morgan and Investcorp on complex financing arrangements of late. "He's a very cool lawyer to work with - nothing fazes him," notes one interviewee.
Clients describe structured finance expert Clifford Atkins as "an absolute guru." He is further praised for the breadth of his practice: "He knows capital markets, banking and leveraged finance - across the spectrum he is brilliant and extremely well connected."
Caroline Leeds Ruby is identified as an "impressive" practitioner. Borrower client Indian Hotels mandated to her to act on its bid for Orient-Express Hotels, a sophisticated cross-border financing involving elements in Bermuda, Singapore, the UK, the USA and India.
"Very thoughtful and commercial," Peter Hayes has racked up an impressive deal list of late, advising on major mandates for Standard Chartered Bank, The Standard Bank of South Africa and Investcorp.
Iain Goalen recently returned to London from the firm's office in the United Arab Emirates. He is a highly experienced and well-regarded finance partner with significant experience across the board.
Significant clients Advent International, Credit Suisse, Oberthur Technologies, Standard Chartered Bank, Ardagh Group.