Patrick is a partner in the firm’s global Energy & Natural Resources Group. He has particular experience in trade and commodity finance, and sports finance, and his practice covers a variety of financing structures across emerging and developed markets.
Patrick advises banks, traders, corporates, and non-bank lenders.
Patrick's work in the commodity finance area covers a range of products, including: borrowing base, pre-export, and prepayment facilities, receivables structures, and title based structures. Increasingly, Patrick works on structured finance products in the trade and commodity space, and was a leading adviser on the market’s first trade finance lending ABS program.
Patrick advises clients on a range of trade finance products and instruments (including promissory notes, bills of exchange, and letters of credit and bank guarantees) and the laws and practices relating to them. He also advises clients on issues around ‘true sale’ in connection with receivables and commodities financings, on secondary market participations, on the Capital Requirements Regulation, and on default and distressed scenarios.
Patrick is part of the firm’s global environmental, social and governance (ESG) practice. He has a particular focus on the financing of carbon.
Patrick also advises clients on sports financings, including loan and receivables purchase facilities in relation to transfers of football players, and loan facilities to football clubs secured by media payments and other revenue streams.
Patrick is recommended for Trade Finance by Legal 500 UK 2022, having first been recommended in 2014. The publication describes him as a “commodities specialist with considerable depth of expertise in sophisticated trade finance work. He focuses heavily on deals for alternative lenders in the space where trade finance meets structured finance.”
He is also ranked by Legal 500 UK 2023 as a ‘Next Generation Partner’ for Finance: Emerging Markets, and is listed as ‘One to Watch’ in the UK Best Lawyers, 2023.
