Red-clause L/Cs enable an exporter to obtain pre-shipment finance, which is a percentage of the L/C amount, from the
advising bank.
Ms Betts specialises in finance law,
advising banks and asset-based lenders on a wide range of transactions.
The team was involved in
advising banks, underwriters and fund management enterprises on mergers and acquisitions, restructuring and raising funds.
Mr Blair can afford to soft pedal on money making after earning pounds 20million last year through speaking engagements as well as
advising banks and foreign governments.
He will also be
advising banks, lawyers and major financial institutions.
Ms Armstrong, who joins after fours years at DLA, has extensive experience in
advising banks, financial institutions and borrowers on real estate finance transactions and restructurings.
Having been involved in the Islamic finance industry for over 30 years, Mahmood has extensive experience in
advising banks on Strategy, Governance and Sharia'a aspects of product structuring and documentation.
His practice includes
advising banks concerning lending authority issues, the correctness of disclosure documents and procedures, commercial and residential loan documents and record retention guidelines for compliance under applicable Federal and state laws.
Before that, he served as a Managing Director at Duff & Phelps in Europe, where he led the International Financial Engineering practice
advising banks and funds on the valuation of complex and illiquid assets, while also leading an expert team providing assistance to the European Commission in the assessment of asset relief measures submitted by European Union Member States in the context of State Aid procedures.
He has more than 10 years' experience in
advising banks, specialist lenders and borrowers on asset-based lending, acquisition finance, property finance and debt sale deals.
Mr Blair can afford to soft-pedal on money-making after earning pounds 20million last year through speaking engagements as well as
advising banks and foreign governments.
Mr Crellin specialises in real estate finance -
advising banks and corporate borrowers on the negotiation and agreement of facility and security documents in relation to such deals.
