Andrew Knight is a partner in Banking & Debt Finance. His practice focuses on international financial law in the context of asset-based lending, syndications, restructurings, loan and receivables finance book sales, secondary market transactions and distressed debt trading.

    Andrew mainly represents banks and other lending institutions, especially asset-based lenders in the United Kingdom and the United States. He has particular expertise in negotiating, documenting and restructuring multijurisdictional credit facilities extended to transnational borrowers and groups including cross-border insolvencies and pre-packed exits.

    Since 2007 Andrew has served pro bono as counsel-by-invitation to the Asset Based Lending Committee of the Asset Based Finance Association (ABFA), which represents the interests of the UK’s leading asset-based lenders. In that capacity he leads ABFA's project to develop recommended forms of syndicated asset-based lending documentation for use by UK market participants. In 2009-2010 Andrew served as a member of the Supply Chain Finance Working Group established at the request of the Bank of England and chaired by the ACT. He also is a lecturer at the University of Nottingham Law School and a speaker at numerous legal and industry conferences in the UK and other countries.


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    • Acting as lead partner for the London branch of Landsbanki Islands, hf, following the onset of the Icelandic banking crisis, in relation to a wide range of matters including: negotiations with the UK Treasury for the provision of a £100 million emergency loan package by the Bank of England; disputes and litigation arising between Landsbanki and its counterparties to syndicated and bilateral credit agreements, collateral and derivatives contracts arising out of alleged breaches triggered by the crisis (including the reported case of Jefferies International Ltd v Landsbanki Islands HF [2009] EWHC 894); defaulting lender issues and disputes in the United States against the background of Landsbanki's Chapter 15 filing in the courts of New York; and verifying title to financial assets in preparation for disposition.
    • Representing a number of leading UK and US asset-based lenders and borrowers in relation to multijurisdictional financings with facility limits of up to US$900 million, requiring the taking of collateral over tangible and intangible assets in most major EU jurisdictions and in Scandinavia, the United States, Singapore, Hong Kong and South Korea.
    • Acting for secured and asset-based lenders in connection with the protection and enforcement of their claims in debtor restructurings and insolvency proceedings in the United Kingdom, the United States, France, Germany, Norway and Australia.
    • Advising and acting for UK insolvency officeholders appointed in relation to UK- and non-UK-based companies including the Claims Direct Group, Sonas Automotive, China Export Finance and Neqtar Wines.
    • Advising parties to transfers (including bulk transfers) of distressed debt, commercial mortgages, receivables purchase contracts and finance leasing contracts and commercial loans.
    • Acting as lead partner for the Municipality of Piraeus, Greece in relation to the reported cross-border local authority swap litigation case, Merrill Lynch Capital Services Inc v Municipality of Piraeus [1997] CLC 1214.

    Education

    • University of Liverpool, LL.B., honours, 1983

    Admissions

    • England and Wales, 1986

    Languages

    • English
    • Italian
    • Recommended in The Legal 500 UK 2017 for Asset-based lending
    • Recommended in The Legal 500 UK 2015 for Asset-based lending

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