Asset-based lending specialist Andrew Knight has joined Crowell & Moring’s London office, joining from the London office of Squire Patton Boggs, where he was a partner in the firm’s Banking & Debt Finance Group. He join as a partner in its Corporate and Financial Services practices to strengthen the firm’s ability to advise clients on debt finance and asset-based lending.
On the move
Mr Knight’s 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. He represents banks and non-bank lenders, especially asset-based lenders in the United Kingdom and the United States. He has particular experience negotiating, documenting, and restructuring multijurisdictional credit facilities extended to transnational borrowers and groups, including cross-border insolvencies and pre-packed exits. He has served as the lead partner in high-profile matters, including the collapse of the Icelandic bank, Landsbanki, and he has also served as lead counsel to the lenders financing the acquisition of British Steel by Greybull Capital. Philip T Inglima, chair of Crowell & Moring, said ‘Andrew is a highly regarded finance lawyer who brings a vast amount of experience to the firm.’ Mr Knight said, ‘this is a wonderful opportunity to create a premier asset-based lending group at a firm that is clearly on the move in the London legal market.’
His arrival comes on the heels of Robin Baillie, Paul Muscutt, and Cathryn Williams joining Crowell & Moring’s London office in February. Mr Knight will be joined at the firm over the next several weeks by associates Seye Olufunwa and Mark Forster, with whom he worked at his previous firm. Mr Inglima said, ‘our recent growth in London addresses growing client demand. This move means that we can offer clients a dynamic, high-profile team of finance lawyers to structure deals and craft solutions for clients.’ Robert Weekes, managing partner of the firm’s London office, who joined in January to lead the firm’s growth in the UK, said ‘this is just another example of how we plan to strategically grow our team here and turn the office into a formidable force in London.’