single point of contact to simplify a transaction
the challenge:
Yorkshire Bank required legal advice, within a tight timescale,
on its £22m financing package to National Accident Helpline.
our approach:
We appointed a lead contact within Browne Jacobson to oversee
all issues for this matter. This meant that the client only needed
one point of contact for progress updates and discussions on key
issues. We prepared and negotiated bank funding documents and
reviewed underlying corporate and equity documents. National
Accident Helpline is a leading claims handling business and due to
our strong sector experience in the insurance arena, we were also
able to provide relevant and up-to-date due diligence for Yorkshire
Bank.
the results:
The transaction was completed in just three weeks, from start to
finish, due to the well managed process and focussed, clear advice
provided by the Browne Jacobson team.