HB The Legal Corner Magazine #Issue 13

seamless outcome—demonstrating the value of proactive legal support in high-value, high-pressure financial transactions. John Oliver Bellasis, Legal Director in the firm’s Commercial Real estate team, conducted a comprehensive review of the property due diligence and prepared detailed reports on title for each of the three properties. Working collaboratively with the bank throughout, his contribution was key to meeting the bank’s requirements and achieving full regulatory compliance. The firm’s ability to navigate com - plex lending structures — combined with a meticulous, solutions-focused approach — was central to the suc- cess of the deal. From structuring the security package to managing legal risk, Harold Benjamin ensured that the client’s interests were pro- tected at every stage. This transaction reflects the firm’s broader commitment to supporting financial institutions in pursuit of their strategic objectives. It is also a clear example of Harold Benjamin’s ability to deliver results in complex, time-critical across commercial real estate and finance.

Harold Benjamin played a pivotal role in a recent £21.3 million refinancing deal that enabled the acquisition of a substantial industrial business park in the UK. Acting on behalf of a private commercial UK bank, the firm structured a complex financial arrangement involving a Loan Market Association-form facility agreement, multiple corporate debentures and guarantees, a pari passu deed of priority, letters of non-crystallisation, lender consents, personal guarantees, and a legal charge

over three high-value commercial properties.

This transaction was instrumental in facilitating the acquisition of a strategically important asset within the industrial sector. Against a backdrop of tight deadlines and heightened regulatory scrutiny, the deal demanded agility, accuracy, and close coordination from all parties involved. Harold Benjamin’s Banking and Finance team, led by Partner Rima Sengupta, worked closely with the bank to ensure that all legal and compliance requirements were met efficiently. Despite the time-sensitive nature of the transaction, the team delivered a

rima.sengupta@haroldbenjamin.com

Connect with Rima

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