Driven by knowledge and experience
Banking
Hayes solicitors banking team has broad experience advising on corporate banking facilities, acquisition finance transactions, working capital facilities and asset based secured lending matters. We act for lenders, borrowers, guarantors and investors. Over the past number of years the client base has grown and we are now acting for a number of leading banks, financial institutions, statutory bodies including NAMA and insolvency practioners appointed on foot of security. Our success in this field is attributed to our ability to meet clients’ needs at a time when banks and other financial institutions are increasingly coming under the microscope and facing increased regulation and greater potential for disputes.
The team advises on all banking and finance arrangements and in particular:
- facility agreements
- security documentation and perfection of security
- letters of amendment and restatement
- inter-creditor agreements
- subordination agreements
- trust and agency agreements
- syndicated loan transactions
- asset based finance
- security reviews and reports and gap analysis
- restructuring and re-finance of existing loans
- complaints to the Financial Services Ombudsman and Central Bank
- judicial review and statutory appeals
- garnishee proceedings
- compliance and regulatory requirements
- financial services regulation
- covenants and events of default in facility agreements
- cross default provisions and consequences,
- status and implications of discretionary trusts
- insolvency appointments
- bankruptcy proceedings
- negotiations and implementation of a consensual workout/restructuring,
- unencumbered assets and potential recovery strategies,
- assignment of rental income and payment into secured accounts,
- enforcement options including obtainment of judgment, discovery in aid of execution orders
- Receivership, examinership and liquidations post appointment
- Court applications in respect of security including injunctive proceedings