On 15 August 2022, Deputy Master Arkush handed down judgment in the case of Oceanfill Limited v Nuffield Health Wellbeing Limited and Cannons Group Limited
Continue Reading Tenant Restructuring Plan Does Not Relieve Third-Party Guarantor of Payment Obligation, English Court RulesPartha S. Pal
Partha S. Pal focuses his practice on the financing of commercial real estate assets. Partha has led the execution of transactions involving real estate assets in the UK, Germany, France, Italy, Belgium, the Netherlands, Spain, Portugal, Sweden and Finland, as well as in South Korea, PRC, and Hong Kong.
Partha's experience covers the whole spectrum of commercial real estate lending arrangements, acting for both bank and non-bank lenders as well as for borrowers. He has experience of all major commercial real estate asset types including assets which involve active operation such as student accommodation, common work spaces, petrol stations, data centres and private rented sector/build to rent assets. In addition, he has deep experience of loan-on-loan financing and loan repo arrangements as well as sophisticated capital markets products relating to commercial real estate, particularly commercial mortgage backed securities and real estate related non-performing loan securitisations. He also advises regularly on regulatory matters relating to investments in securitised products, particularly in relation to risk-retention considerations.
Given his long experience of the securitisation and structured finance markets, Partha has and continues to advise on structured financing transactions involving other asset classes such as residential mortgage loans, commercial loans, consumer loans, trade receivables, equipment lease receivables, and credit card receivables.
Partha joined Greenberg Traurig, LLP in November 2018 from another leading U.S. law firm's London office.
‘An unusual case in all sorts of ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm
In a hearing yesterday, 6 April 2022, the High Court considered an application of the directors of VTB Capital PLC (VTB UK) for the appointment …
Continue Reading ‘An unusual case in all sorts of ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm
Real Estate Debt and the UK Corporate Insolvency and Governance Act 2020 – The Moratorium
In late June 2020, the UK’s Corporate Insolvency and Governance Act (the Act) became law. While the Act was passed in response to the Coronavirus…
Continue Reading Real Estate Debt and the UK Corporate Insolvency and Governance Act 2020 – The Moratorium