Liz is a banking and finance partner with 20 years experience. She is head of the Manchester banking team and the wider banking north (which consists of teams in Manchester, Leeds and Edinburgh).
She is a well known and respected banking partner in Manchester and is recognized as one of the leading real estate finance lawyers outside of the City.
Liz works on a wide range of high profile real estate finance matters (often with complex capital structures) as well as advising on acquisition finance, leveraged finance and general corporate lending matters (both domestic and cross border).
She is known for being highly experienced and having a constructive approach to deals. She is experienced in acting both for the lenders and borrowers, bringing a balanced view to transactions.
Clients include most of the major UK clearing banks as well as other financial institutions, non bank lenders, public bodies and corporates.
Sectors that Liz is involved in include financial services, student accommodation, hotel and leisure, residential development, further education, healthcare, retail and manufacturing.
Recent transactions include:
- acting for a major North West student accomodation developer on senior and mezzanine finvestment facilities of over £80,000,000;
- acting for a leading South African retailer (Truworths plc) on £100,000,000 facilities relating to the acquisition and operation of the Office shoe retail chain;
- acting for a major high street bank on £30,000,000 senior and mezzanine facilities, including a complex intercreditor agreement and hedging, relating to the acquisition of a retail park;
- acting for a developer on development funding of £75,000,000;
- acting for Palatine on debt facilities relating to the MBO's of The Alchemist bar chain and the Gusto restaurant chain;
- acting for the GMCA and GMHF on various projects including real estate finance loans and grant funding agreements in the further education sector.
Liz spent 8 years in the City training and working at Wilde Sapte and then Sidley's London office on big ticket structured real estate finance deals, often with significant cross border elements. Liz returned to her home city of Manchester in 2005 and has continued to specialize in real estate finance. She was a partner at DLA Piper for 3 years before joining Shoosmiths in 2013.