The banking and finance role encompasses the full range of multi-national transactions with a broad spectrum of clients which range from lenders (which include retail banks, private banks and bridging finance providers) and borrowers (which include private individuals, property developers and investors, corporates and hotels). The banking and finance team in London acts for both borrowers and lenders but more private and international banks as some practice teams in London take an adverse position to larger banks.
The role additionally envisages a familiarity with and willingness to undertake some corporate work as an adjunct to banking and finance. For example, advising on and documenting the issue of shares upon the conversion of debt to equity.
Withers comprises over 160 partners and more than 1000 people across 18 strategic offices in Europe, the USA and Asia Pacific. The firm operates across multiple legal disciplines, time zones and jurisdictions and is dedicated to the creation, maintenance and enhancement of capital for successful people, businesses and institutions and enjoys a reputation as a leading service provider in the field of private capital and its financing and deployment. We have close working relations with lawyers throughout the globe and coordinate complex tax-driven and other structured transactions and multi–jurisdictional insolvency, restructurings and litigation.
The international banking and finance practice of Withersworldwide comprises lawyers across our offices with expertise in the following areas: general banking; private banking; art finance; trade finance; real estate finance; asset finance; acquisition and leveraged finance; multilateral finance; project finance; capital markets, derivatives and structured finance; fund finance; tax, trusts and agency; financial services regulatory; finance litigation, asset tracing and insolvency.
We advise banks, financial institutions and borrowers on wholesale and retail banking.
We assist clients on all aspects of banking law, including the regulation of banking, the bank/customer relationship, domestic UK and US and international banking operations, and securities of all types. We provide advice on secured and unsecured transactions such as revolving credit, term and cash flow facilities, and draft security and facility documentation, both standard and customised.
We also advise clients in related fields such as acquisition finance, aircraft and shipping finance, art finance, derivatives, financial services, leasing, project finance, property and development finance, and trade finance.
Our client list includes a number of domestic and international leading banks and financial institutions, as well as business, real estate and high net worth individual borrowers. We also advise alternative investment houses such as hedge funds on innovative financing transactions, many of which have an international aspect. In the UK we advise some of the domestic banks, as well as foreign banks in London, such as the State Bank of India. We also work with most of the major Italian banks.
In the US, we represent financial institutions such as North Fork Bank, Royal Bank of Canada, Bank of America and People's United Bank.
We also regularly act for non-profit clients in the provision of advice both on commercial banking and on development finance projects.
Withersworldwide have been acting for successful individuals, families and institutions for over 100 years. We advise clients on their business and personal legal needs both at home and abroad. In this fast moving and increasingly regulated world the need for integrated and timely advice has never been more urgent.
We are recognised as the only international law firm for successful people, their families, their businesses and their philanthropic work. With offices in Europe, Asia, the United States and the Caribbean we provide coverage that other law firms focussed on the individual cannot. We continually look for opportunities to ensure we are based in the same locations as our clients and their wealth. We have represented 51% of the Top-100 ‘Sunday Times Rich List’, as well as a significant number of people listed in the US (Forbes) and Asian (Hurun) Rich Lists.
The firm consists of three global legal Divisions: Business; Dispute Resolution and Private Client & Tax. Each Division is headed by a Divisional CEO and Divisional Operating Officer. There is also an overarching CEO of the global firm.