Norton Rose develops asset-based lending capability with new hire
29 June 2011
International legal practice Norton Rose LLP has announced the appointment of Michael Black as a new partner in its banking practice. Michael will be joining from SNR Denton, where he is currently a partner and co-head of its financial institutions and funds sector group.
Michael specialises in secured corporate lending transactions with particular emphasis on asset-based lending, restructuring and structured real estate finance. He acts primarily for banks and other financial institutions and the majority of his work in recent years has been asset-based lending. He joins the London office of Norton Rose LLP.
Jeremy Edwards, Group head of banking at Norton Rose Group, said:
“Asset-based lending has seen a sharp rise in popularity in the USA and Canada in recent years. The European market remains relatively small by comparison, but it’s likely to see significant growth in the coming years.
“Our own asset-based lending capabilities have benefited by our recent expansion into Canada. Bringing Michael on-board means we will now also have one of Europe’s foremost lawyers in this area, helping us to service the needs of our Canadian and USA clients, and also putting us in a strong position to help our European clients as the market grows here.”
Michael qualified as a barrister and lawyer in New Zealand in 1992 where he trained as an insolvency litigation practitioner. He later moved to London and qualified as a solicitor in England and Wales in 1996. He previously held roles at Allen & Overy and Theodore Goddard, where he made partner in 2000 and later became Head of Banking.
For further information please contact:
Gavin Collins, PR manager, Norton Rose LLP
Tel: +44 (0)20 7444 2466; Mobile: +44 (0)77 7065 0113
Norton Rose LLP is a member of Norton Rose Group, a leading international legal practice offering a full business law service to many of the world’s pre-eminent financial institutions and corporations from offices in Europe, Asia Pacific, Canada, Africa and the Middle East.
The Group’s lawyers share industry knowledge and sector expertise across borders to support clients anywhere in the world. The Group is strong in financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and pharmaceuticals and life sciences.
Norton Rose Group has more than 2600 lawyers operating from 39 offices in Abu Dhabi, Amsterdam, Athens, Bahrain, Bangkok, Beijing, Brisbane, Brussels, Calgary, Canberra, Cape Town, Dubai, Durban, Frankfurt, Hamburg, Hong Kong, Johannesburg, London, Melbourne, Milan, Montréal, Moscow, Munich, Ottawa, Paris, Perth, Piraeus, Prague, Québec, Rome, Shanghai, Singapore, Sydney, Tokyo, Toronto and Warsaw; and from associate offices in Dar es Salaam, Ho Chi Minh City and Jakarta.
Norton Rose Group comprises Norton Rose LLP, Norton Rose Australia, Norton Rose OR LLP, Norton Rose South Africa (incorporated as Deneys Reitz Inc), and their respective affiliates.