Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.
Jonathan Gilmour, Peter Hughes and Joseph Wren have co-authored a chapter in the latest edition of Global Legal Insights' annual fund finance publication highlighting the key structural and documentary legal issues that should be considered by a private capital manager thinking about entering into derivatives transactions at fund level. This chapter was first published in GLI - Fund Finance 2023 (Seventh Edition).
Since the introduction of the Corporate Insolvency and Governance Act 2020 (CIGA) and the creation of the new Part 26A restructuring plan procedure, questions have been raised about whether the cost of using such a procedure would restrict its use to larger, better capitalised companies.
Danny Peel, Katie McMenamin, Charles Bischoff and Kirsty Emery have co-authored a chapter in the latest edition of Global Legal Insights' annual fund finance publication assessing the current fund finance market and newer liquidity solutions available to alternative asset fund managers. This chapter was first published in GLI - Fund Finance 2023 (Seventh Edition).
Travers Smith LLP has advised long-standing client Equistone Partners Europe ("Equistone") and management on the sale of Bulgin Limited ("Bulgin"), a leading manufacturer of harsh environment connectivity solutions, to Infinite Electronics Inc, which has a global portfolio of leading in-stock connectivity solutions brands.
Travers Smith LLP has advised CGE Partners ("CGE") and Enhesa in relation to a strategic growth investment in Enhesa by Bregal Sagemount ("Sagemount").
To improve is to change; to be perfect is to change often.
Travers Smith LLP has advised longstanding client Safestore Holdings plc and its French business Une Pièce En Plus on a refinancing of its debt facilities.
Travers Smith LLP has advised long-standing client, SSP Group, on its acquisition of AMT Coffee from its administrators in an accelerated transaction.
In this briefing we explore the risk that a lender might renege (voluntarily or involuntarily) on its funding commitments. We touch on the different types of lender entities in the market currently and examine why there are often different reasons behind such a failure to fund.
In this podcast Jonathan Gilmour, Peter Hughes, John Lee and Adam Schnider consider the implications of the recent collapse of cryptocurrency exchange FTX. They discuss some of the key issues that could arise from the insolvency of FTX or other crypto investment firms more generally, including priority of claims, proprietary rights in crypto-assets, tracing and recovery of crypto-assets, and cross-border insolvency issues.
Travers Smith LLP has advised long-standing client Adventurous Journeys Capital Partners (AJ Capital Partners) on its acquisition of The Dornoch Hotel in Scotland. Positioned along the popular North Coast 500 driving route, the hotel will be the fifth addition to AJ Capital Partners' Marine & Lawn Hotels & Resorts division, a collection of bespoke properties located in world renowned golf destinations.
Travers Smith LLP has advised longstanding client Graphite Capital on its agreement to acquire Digital Space, a leading secure, connected cloud managed service provider, from Horizon Capital.
The long awaited Sequana Supreme Court judgment[1] has provided some welcome clarity around the duties of the directors of a company in the "twilight zone" – i.e. where the company is facing financial difficulties.
Travers Smith LLP has advised an investment vehicle backed by Burger King UK ("BKUK"), a Bridgepoint investee company, on its acquisition of Karali Limited and Teresina Limited (the "Karali Group"). The acquisition of the Karali Group, being the second largest portfolio of Burger King franchise restaurants in the UK, will result in 74 Burger King restaurants being added to the BKUK portfolio.
Travers Smith LLP has advised a club of lenders (the Lenders) on debt financing provided in connection with Arcus Infrastructure Partners' (Arcus) acquisition of a c. 83% interest in Workdry International (Workdry).
Can't find what you're looking for?
TRY HERE
Writing for the Journal of International Banking & Financial Law, Head of Leveraged Finance, Matthew Ayre, and Senior Associate, Jason Larkins, take a look at the key features of recurring revenue transactions in the UK and European markets, including who they are for, how they work and evolving trends.
Funds and Secondaries Partner Sacha Gofton-Salmond and Finance Partner Katie McMenamin have produced an article for Professional Investor discussing the evolution of the GP-led market. You can read the full article below.
Travers Smith has advised longstanding client Inflexion on its investment in SteriPack Group, a market-leading global contract manufacturer serving the medical device, pharmaceutical and diagnostic markets.