People

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People

Her Majesty Queen Elizabeth II 1926 - 2022

Portrait of Andy Rushfirth

Profile

Andy is a senior associate in the banking and finance team. He advises on a wide range of banking and finance facilities, acting for both borrowers and lenders. Andy’s lender clients include commercial banks, specialist debt funds and alternative lenders, and he has considerable experience across a range of transactions, including acquisition finance deals, real estate finance (both investment and development), receivables finance and general corporate banking.

He also has a wealth of experience advising lenders, insolvency practitioners and other stakeholders on insolvency procedures and restructuring distressed lending.

Qualifying as a solicitor in 2012, Andy joined Penningtons Manches Cooper in May 2022 from another leading Midlands law firm.

Recent work highlights

  • Advising a commercial bank on a £100 million receivables finance facility, which was secured across the assets of over 50 group companies.
  • Acting for a property developer in relation to a multi-lender £25 million property development facility to be used fund the initial phase of a 300 house development.
  • Advising a commercial bank on a £21 million term and revolving facilities agreement.
  • Acting for UK engineering company in relation to a multicurrency term and revolving facility agreement, with limits in excess of £30 million, to be used in connection with the purchase of the shares in a Canadian group of companies.

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP