Lucy specialises in debt finance and refinance including Asset and Receivables Finance, Corporate and Commercial Banking, Leveraged Finance and Property Finance. Lucy advises financial institutions, funds, developers, investors and corporate borrowers and her work includes acting on a variety of bilateral and syndicated financings and advising in relation to security, inter-creditor and structuring issues on a wide range of transactions.
Upping the 'anti' on anti-assignment clauses in business contracts?
On 31st October 2018, The Business Contract Terms (Assignment of Receivables) Regulations 2018 ("the Regulations") were approved by both the House of Commons and the House of Lords. The Regulations will come into effect on 31 December 2018
Scotland in 2050: Financial Services - financial innovation for the future
The Scottish financial sector has always punched above its weight due, in large part, to its appetite for innovation and sharp business acumen, which it has successfully exported around the globe.
The successful early establishment in Scotland of current account banking and the investment trust speak to this, along with the undisputed influence of the Scottish diaspora, which established many of the great financial institutions from Paris to Hong Kong.
Moveable Transactions: an authoritative introduction to reform proposals
The Scottish Law Commission’s Report on Moveable Transactions proposed reform for assignation of receivables, rents and other claims; and for a new form of fixed security interest over tangible moveables, intellectual property, shares and other financial instruments.
Since its publication in December 2017, discussions have continued with a view to the Scottish Government consulting and introducing legislation.
Shepherd and Wedderburn win Banking and Finance Team of the Year award for second year running
Shepherd and Wedderburn’s Banking and Finance team has been named Banking & Finance Team of the Year for the second year running at the prestigious Law Awards of Scotland.
Shepherd and Wedderburn banking team reports double-digit deals growth with combined value of £132 billion
Shepherd and Wedderburn’s banking and finance team has reported a strong year for deals activity, with a 12% rise in the number of completed deals and a 41% increase in the overall value of transactions.
The team, whose clients include banks, funds, financial institutions, local authorities, corporate borrowers and sponsors, completed 162 deals in the year to April 30, with a combined value of £132 billion, up from 144 deals with a combined value of £93.4 billion the previous year.
Shepherd and Wedderburn banking & finance team scoops up prestigious award
Shepherd and Wedderburn’s banking & finance team was last night named Banking & Finance Team of the Year at the prestigious Law Awards of Scotland.