The recent high-profile cyber breaches at Marks & Spencer, the Co-operative Group, and the Legal Aid Agency underscore the risks that even large, well-resourced organisations face in managing personal data. These incidents also demonstrate the importance of maintaining not only effective security measures, but also robust breach response plans, as required by the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.
In today’s fast-paced commercial environment, Supply Agreements are the backbone of many business operations. Whether you’re a manufacturer, distributor, or retailer, having a robust and legally sound supply contract is essential to mitigate risk, ensure continuity, and maintain strong commercial relationships.
This is an opportunity for a new team member to join our thriving Asset Based Lending team. You can expect to handle a wide range of responsibilities to assist the fee earners in the team, including but not limited to:
Dealing with onboarding of clients and opening files
Drafting security documents
Supporting on wider refinancing or acquisition transactions
Dealing with security registrations and removal research.
Post-completion administration.
Any other duties as required.
Supervision of Junior Paralegals.
The firm acts for a vast number of lenders and financial businesses so a keen interest in commercial work will be required.
Candidates with appropriate, relevant experience will be considered.
The Requirements
The ideal candidate will have some (if not all) of the following characteristics and skills:
Previous experience in a transactional discipline;
Excellent organisational and time management skills;
Be able to multi task and prioritise your workload;
Excellent attention to detail; and
Level headed with the ability to demonstrate initiative.
The ability to quickly and efficiently pick up new skills.
Benefits of Working with Us:
25 days holiday (plus bank holidays)
A referral bonus
Health cash plan – Paycare (eligible after successful completion of probation)
Pension plan (with the option of salary sacrifice)
Redundancy can take place when an employer needs to reduce their workforce due to various reasons such as company restructuring, economic downturns, or technological advancements. For employees, facing redundancy can be a challenging and stressful experience. Bermans is here to provide you with expert legal advice and support you throughout the redundancy process.
Following the retirement last year of Peter Sinnett we have searched the country to find someone capable of informing you all about the latest news in Asset Based Lending.
Many of you will know that Radcliffe Chambers is one of the leading Commercial Chancery chambers in the country based at Lincoln’s Inn.
Alex Kingston-Splatt is a barrister at Radcliffe Chambers specialising in commercial law and litigation, civil fraud and insolvency. His commercial practice covers both traditional banking, factoring and discounting, and asset finance.
He was junior counsel in the widely reported Arena Television litigation, a series of cases involving what is believed to be the largest hire-purchase fraud ever perpetrated in the UK, with losses exceeding £280m.
We are delighted to have secured his services to produce content for you and we hope you will find the articles useful.
Jonathan joined Bermans in 2013 following a stellar career with leading national firm and was the Liverpool Law Society’s “Solicitor of the Year”. He has become a key member of the asset based lending team. He will be a familiar face to many of you assisting lenders with commercial recovery work and he has worked on some highly complex cases, including acting for a US commercial financier in a claim under a Connecticut law guarantee against a UK based guarantor.
As we write, the Supreme Court has begun the three-day hearing in the conjoined appeals in the Close Brothers litigation referred to above, concerning so-called secret commissions paid to brokers by lenders in the motor industry. The key issues to be examined by the Court include:
Keen readers of this newsletter will recall the discussion of Frischmann v Vaxeal Holdings SA [2023] EWHC 2698 (Ch) (Spring, 2024). To recap, Frischmann was a challenge to the assignment of rights under two loan agreements and a guarantee. This involved consideration of the requirements of a valid legal assignment (sometimes called a statutory assignment), i.e., one pursuant to section 136 of the Law of Property Act 1925 (“LPA 1925”). Among other things, s.136 requires the assignment to be in writing and “under the hand of the assignor” – in other words, signed by the assignor.
| 
Bermans has appointed a new head of its commercial team and a litigation partner as it continues to strengthen its ranks with key strategic hires.
