Finances
The Financial Conduct Authority’s (FCA's) updated Enforcement Guide: Exceptional and Additional Circ
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Our accountants team has extensive experience of handling both contentious and non-contentious matters for accountancy firms. We have been involved in numerous high profile matters and are uniquely placed to assist all sizes and types of accountancy firms.
On the non-contentious side, our professional practice lawyers offer a range of services for the largest international accounting networks as well as for smaller firms. These include risk management implications for global networks, and insurance and reinsurance captive arrangements under the different legal and regulatory regimes in which they operate.
Our contentious experience includes defending firms sued in small to multimillion-pound claims, and dealing with disputes covering the full range of audit, tax, advisory, valuation and insolvency services provided by accountants. We handle claims concerning allegations of failure by the auditors to detect fraud. This is a specialised area requiring specific expertise with regards to auditors’ reports. We advise on a range of regulatory, disciplinary and investigatory proceedings, and guide our clients through the particular challenges presented by parallel domestic and cross-border civil and disciplinary proceedings.
We also work with a number of accountancy firms in relation to their employment matters, partnership disputes and team moves.
Acting for the borrower (the investment vehicle of an ultra-high net worth individual) in connection with a $65,000,000 revolving credit facility to fund capital calls.
Acting for the lender on a £45,000,000 letter of credit facility made available to provide Funds at Lloyd's to support a corporate member in run-off.
Acting for the borrower (the UK subsidiary of a global US insurance company) in relation to a GBP 55,000,000 letter of credit facility for the purposes of enabling its underwriting arm to provide Funds at Lloyd’s
Acting for the borrower (a Bermudan reinsurance company) in relation to the amendment and extension of its original £106,000,000 letter of credit facility for the purpose of enabling its underwriting arm to provide Funds at Lloyd’s
Acting for the lender (a prominent UK insurance company) in relation to the refinancing of an existing £60,000,000 term loan facility and the residual intercreditor and security arrangements following the refinancing
Acting for the arrangers on a US$1,100,000,000 term loan facility financing a consortium bidding for the acquisition of Transatlantic Re
Acting for the arrangers and financiers on a US$106,500,000 term loan facility financing the acquisition of an insurance company by the Enstar Group
Acting for the lender on a US$158,000,000 letter of credit facility made available to support the obligations of a prominent UK insurance company under a whole account quota share reinsurance agreement
Acting for the financiers on a US$180,000,000 letter of credit facility to provide Funds at Lloyd’s to support and stand account for reinsurance to close business undertaken through a managed Lloyd’s syndicate
Acting for the arrangers and financiers on a US$250,000,000 revolving credit facility for Enstar Group Limited
Acting for the borrower (the investment vehicle of an ultra-high net worth individual) in connection with a $65,000,000 revolving credit facility to fund capital calls.
Acting for the lender on a £45,000,000 letter of credit facility made available to provide Funds at Lloyd's to support a corporate member in run-off.
Acting for the borrower (the UK subsidiary of a global US insurance company) in relation to a GBP 55,000,000 letter of credit facility for the purposes of enabling its underwriting arm to provide Funds at Lloyd’s
Acting for the borrower (a Bermudan reinsurance company) in relation to the amendment and extension of its original £106,000,000 letter of credit facility for the purpose of enabling its underwriting arm to provide Funds at Lloyd’s
Acting for the lender (a prominent UK insurance company) in relation to the refinancing of an existing £60,000,000 term loan facility and the residual intercreditor and security arrangements following the refinancing
Acting for the arrangers on a US$1,100,000,000 term loan facility financing a consortium bidding for the acquisition of Transatlantic Re
Acting for the arrangers and financiers on a US$106,500,000 term loan facility financing the acquisition of an insurance company by the Enstar Group
Acting for the lender on a US$158,000,000 letter of credit facility made available to support the obligations of a prominent UK insurance company under a whole account quota share reinsurance agreement
Acting for the financiers on a US$180,000,000 letter of credit facility to provide Funds at Lloyd’s to support and stand account for reinsurance to close business undertaken through a managed Lloyd’s syndicate
Acting for the arrangers and financiers on a US$250,000,000 revolving credit facility for Enstar Group Limited
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Associée sénior mondiale et Présidente du Comité de direction mondial
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