Leading UK law firm in the ABL arena
The team is particularly strong in the commercial finance arena and acts for a large number of ABLs and cash flow finance providers.
We regularly provide commercial advice to ABLs dealing with client mergers, acquisitions and demergers and to help ABLs assess the specific legal and commercial risks to them presented by their clients’ contractual arrangements with customers and suppliers.
We are experienced in advising on documentation, dispute resolution issues, debt recovery, fraud and insolvency.
We have handled a significant number of finance matters over the last 12 months which has seen us working with a number of banks, property funds, asset based lenders, lessor of plant and equipment, discounters and other financiers, brokers and intermediaries.
We repeatedly win work over London based firms due to our unique skillset and experience in asset and invoice finance and ability to discover creative and innovative solutions to problems. We work in close collaboration with our clients, challenge convention and aim to find better ways of delivering legal services.
Download our brochure outlining our legal services for factors, discounters and asset based lenders.
Key Asset and Invoice Finance Contacts
We’re delighted that the sixth edition of Salinger on Factoring, our bestselling expose of the law and practice of invoice finance, has now been published. If you are not already familiar with the book, Salinger on Factoring is widely regarded as the authoritative text to factoring and invoice finance law combining legal analysis with a comprehensive description of current practice governing domestic and international factoring. Co-edited by our Head of Corporate, Noel Ruddy, and leading commercial barrister, Simon Mills, the book explores this fascinating and complex area of law whilst also providing readers with a lot of practical guidance on the many and varied issues facing invoice financiers today. It is essential reading for those working in businesses providing factoring and invoice finance. It should also be required reading for lawyers, bankers and accountants, academics and students with an interest in invoice finance. You can place your order here.
Contact Noel Ruddy to find out more about our ABL service offering
What our clients say
"PDT are ABL industry specialists and that expertise has been invaluable to us over the years. In addition, they have built a formidable corporate practice and this is another in a long line of successful deals we have worked on together. This was a complex deal which needed to be done quickly and efficiently. Noel’s industry expertise and Rosie’s calm efficiency were instrumental in the success of this transaction, and we will continue to use them for ABL and corporate support."
John Wilde, Managing Director
Investec Capital Solutions
View more"This was our second major acquisition in the UK and it was important we got it right. As always, the team at PDT were a pleasure to deal with throughout the transaction, were extremely professional and responsive making sure that we completed the deal within a tight deadline. This meant that we could make the commercial announcements we needed to make on time. They guided us through the complex process and whilst there were some aspects of the deal which required some thought, Rebecca and Rosie were extremely proactive in getting any issues resolved."
Martin Woolley, CEO
The Specialist Works Limited
View more"Having worked at PDT for a number of years I knew Noel Ruddy to be one of the best in the business and it's fair to say the whole team did a brilliant job. Thanks to PDT's advice and assistance the legal process from start to finish was completely painless"
Chris Setford, Director
Setfords Solicitors
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