Contact details

Jayesh Patel

T: +44 20 7809 2238 M: +44 7739 826 379 Email Jayesh | vCard Office: London

Awards

Property finance

Property finance

Jayesh Patel Partner

Contact details

Jayesh Patel

Jayesh Patel
Partner

T: +44 20 7809 2238 M: +44 7739 826 379 Email Jayesh | vCard Office: London

An experienced banking and restructuring lawyer specialising in real estate finance, corporate trusts and bond and loan restructurings.
  • Profile
  • Services
  • Sectors
Jayesh has over 30 years’ experience in a broad range of banking, capital markets and restructuring transactions gained in the City. His current specialist expertise is in real estate finance, debt restructuring and corporate trusts.
  • Debt capital markets
  • Corporate trusts
  • Real estate finance
  • Restructuring and insolvency

Fairhold Securitisation Limited

Advising the note trustee on contentious issues arising in relation to Fairhold Securitisation Limited's sheltered housing securitisation, taking over from the note trustee's incumbent advisers in September 2017, and subsequently advising the trustee on a compromise of claims and £1 billion restructuring of Fairhold’s notes and swaps liabilities.

The Co-operative Group

Advising the bond trustee on issues arising in relation to a liability management exercise involving an exchange offer and a scheme of arrangement affecting nine subordinated bond issues by The Co-operative Bank plc aggregating in excess of £1.2 billion.

Bank of Ireland

Advising the bond trustee on a liability management exercise implemented in relation to an aggregate of €2.6 billion of subordinated bonds issued by Bank of Ireland, including extensive dealings with an action group representing retail bondholders.

Marconi

Advising the trustee in relation to the restructuring of Marconi Corporation plc and its subsidiaries and the related Schemes of Arrangement.

Railtrack

Advising the bond trustee in relation to Railtrack’s 7 bond issues on the transfer of Railtrack’s business to Network Rail following Railtrack being placed in to special administration.

Barings

Advising the bond trustee on the insolvency of Barings, including in relation to disputes between bondholder groups, dealings with hostile hedge funds and a scheme of arrangement.

More: Debt capital markets

Fairhold Securitisation Limited

Advising the note trustee on contentious issues arising in relation to Fairhold Securitisation Limited's sheltered housing securitisation, taking over from the note trustee's incumbent advisers in September 2017, and subsequently advising the trustee on a compromise of claims and £1 billion restructuring of Fairhold’s notes and swaps liabilities.

The Co-operative Group

Advising the bond trustee on issues arising in relation to a liability management exercise involving an exchange offer and a scheme of arrangement affecting nine subordinated bond issues by The Co-operative Bank plc aggregating in excess of £1.2 billion.

Bank of Ireland

Advising the bond trustee on a liability management exercise implemented in relation to an aggregate of €2.6 billion of subordinated bonds issued by Bank of Ireland, including extensive dealings with an action group representing retail bondholders.

Marconi

Advising the trustee in relation to the restructuring of Marconi Corporation plc and its subsidiaries and the related Schemes of Arrangement.

Railtrack

Advising the bond trustee in relation to Railtrack’s 7 bond issues on the transfer of Railtrack’s business to Network Rail, following Railtrack being placed into special administration.

Barings

Advising the bond trustee on the insolvency of Barings, including in relation to disputes between bondholder groups, dealings with hostile hedge funds and a scheme of arrangement. 

10 bank syndicate 

Advised the agent and a syndicate of 10 banks on a £750 million facility to Mount Eden Land Limited secured on the Langham Estate.

Wells Fargo, Helaba and Aareal

Advised on a £400 million secured facility to the Henderson Retail Warehouse Fund.

Wells Fargo

Advised on a £200 million secured term and revolving facilities to WELPUT.

More: Real estate finance

Fairhold Securitisation Limited

Advising the note trustee on contentious issues arising in relation to Fairhold Securitisation Limited's sheltered housing securitisation, taking over from the note trustee's incumbent advisers in September 2017, and subsequently advising the trustee on a compromise of claims and £1 billion restructuring of Fairhold’s notes and swaps liabilities.

The Co-operative Group

Advising the bond trustee on issues arising in relation to a liability management exercise involving an exchange offer and a scheme of arrangement affecting nine subordinated bond issues by The Co-operative Bank plc aggregating in excess of £1.2 billion.

Bank of Ireland

Advising the bond trustee on a liability management exercise implemented in relation to an aggregate of €2.6 billion of subordinated bonds issued by Bank of Ireland, including extensive dealings with an action group representing retail bondholders.

Marconi

Advising the trustee in relation to the restructuring of Marconi Corporation plc and its subsidiaries and the related Schemes of Arrangement.

Railtrack

Advising the bond trustee in relation to Railtrack’s 7 bond issues on the transfer of Railtrack’s business to Network Rail following Railtrack being placed in to special administration.

Barings

Advising the bond trustee on the insolvency of Barings, including in relation to disputes between bondholder groups, dealings with hostile hedge funds and a scheme of arrangement.

Beer distributor- banking facilities

Advising the Agent on the restructuring of a complex debt package provided to a joint venture partners in a vehicle which promotes and distributes a major UK beer brand, including supporting the agent on inter-creditor negotiations with a special situations fund providing new moneys.

Retail warehouse portfolio 

Advised the Agent of a £220 million secured real estate facility on enforcement options and restructuring of the facility, including negotiations with a potential new money lender.

  • Banks and banking

10 bank syndicate 

Advised the agent and a syndicate of 10 banks on a £750 million facility to Mount Eden Land Limited secured on the Langham Estate.

Wells Fargo, Helaba and Aareal

Advised on a £400 million secured facility to the Henderson Retail Warehouse Fund.

Wells Fargo

Advised on a £200 million secured term and revolving facilities to WELPUT.

Fairhold Securitisation Limited

Advising the note trustee on contentious issues arising in relation to Fairhold Securitisation Limited's sheltered housing securitisation, taking over from the note trustee's incumbent advisers in September 2017, and subsequently advising the trustee on a compromise of claims and £1 billion restructuring of Fairhold’s notes and swaps liabilities.

The Co-operative Group

Advising the bond trustee on issues arising in relation to a liability management exercise involving an exchange offer and a scheme of arrangement affecting nine subordinated bond issues by The Co-operative Bank plc aggregating in excess of £1.2 billion.

Bank of Ireland

Advising the bond trustee on a liability management exercise implemented in relation to an aggregate of €2.6 billion of subordinated bonds issued by Bank of Ireland, including extensive dealings with an action group representing retail bondholders.

Marconi

Advising the trustee in relation to the restructuring of Marconi Corporation plc and its subsidiaries and the related Schemes of Arrangement.

Railtrack

Advising the bond trustee in relation to Railtrack’s 7 bond issues on the transfer of Railtrack’s business to Network Rail following Railtrack being placed in to special administration.

Barings

Advising the bond trustee on the insolvency of Barings, including in relation to disputes between bondholder groups, dealings with hostile hedge funds and a scheme of arrangement.

Beer distributor- banking facilities

Advising the Agent on the restructuring of a complex debt package provided to a joint venture partners in a vehicle which promotes and distributes a major UK beer brand, including supporting the agent on inter-creditor negotiations with a special situations fund providing new moneys.

Retail warehouse portfolio 

Advised the Agent of a £220 million secured real estate facility on enforcement options and restructuring of the facility, including negotiations with a potential new money lender.

Awards

Property finance

Property finance

Latest news & insights

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LIBOR transition – what drafting should I use in my new facility?

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23 Jul 2020

From Insights

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The Corporate Insolvency and Governance Act 2020 (the Act) received Royal Assent on 25 June 2020, introducing what has been described as one of the most significant re..

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22 Oct 2019

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20 Jun 2019

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12 Jun 2019

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30 Jan 2019

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When a finance document gives a lender the right to exercise a power or discretion it is common for borrowers and their lawyers to add "acting reasonably" qualificatio..

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18 Sep 2018

From Insights

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On 24 July 2018 the Law Commission made 53 recommendations for reform of the Land Registration Act 2002 ("LRA 2002") in a long-awaited report which runs to 587 pages. ..

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01 Feb 2018

From Insights

Trust matters - edition 1

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From Insights

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From News

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.