Asset Finance Shoosmiths
Shoosmiths is a major UK law firm with a strong national and international presence, and a well-regarded asset finance practice. Their team provides a comprehensive suite of legal services to a diverse clientele involved in asset finance transactions.
Expertise and Services: Shoosmiths' asset finance lawyers possess expertise across a wide range of asset classes, including but not limited to: aviation, rail, shipping, plant and machinery, vehicles, technology equipment, and real estate. They advise lessors, lessees, borrowers, lenders, investors, and manufacturers throughout the asset lifecycle, from initial structuring and documentation to enforcement and restructuring.
Their services encompass:
* Transaction Structuring: Guiding clients in selecting the most appropriate financing structure (e.g., finance leases, operating leases, hire purchase agreements, secured loans) based on their specific needs and commercial objectives. * Documentation: Drafting and negotiating all relevant documentation, including lease agreements, loan agreements, security documents, intercreditor agreements, and guarantees. They have significant experience adapting standard documentation to meet the unique requirements of each transaction. * Regulatory Compliance: Advising on regulatory issues related to asset finance, including tax implications, accounting standards, and environmental regulations. They help clients navigate complex legal frameworks to ensure compliance. * Restructuring and Insolvency: Representing clients in workouts, restructurings, and insolvency proceedings involving financed assets. They assist with repossession, enforcement of security interests, and debt recovery. * Dispute Resolution: Providing representation in disputes related to asset finance transactions, including breach of contract, enforcement actions, and recovery of assets.
Industry Focus: Shoosmiths demonstrates a strong sector focus, with particular expertise in industries such as transportation (aviation, rail, shipping), energy, technology, and construction. This deep industry knowledge allows them to provide tailored legal advice that addresses the specific challenges and opportunities within each sector.
Client Base: The firm's asset finance practice serves a broad range of clients, including major banks, financial institutions, leasing companies, corporate borrowers, and private equity firms. They represent both domestic and international clients, reflecting their global reach and experience in cross-border transactions.
Strengths: Shoosmiths' key strengths in asset finance include their strong technical expertise, commercial approach, and commitment to client service. They are known for their proactive advice, responsiveness, and ability to deliver practical solutions to complex legal issues. Their national network of offices and strong international connections allows them to provide seamless legal support to clients across multiple jurisdictions.
In conclusion, Shoosmiths' asset finance team offers comprehensive legal services, deep industry knowledge, and a strong client focus, making them a reputable and reliable partner for businesses involved in asset-based financing.