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News Story Appeared in Legal Week, 2005 Simmon, A&O scoop £430m loan advice Simmons & Simmons and Allen & Overy (A&O) have advised on the £430m loan facility provided to the Scottish Retail Property Limited Partnership, which owns two major Scottish shopping centres. Finance partner James Bresslaw headed the Simmons team which advised Scottish Retail with help from capital markets assistants Joel Bentsur and Arun Cronin and tax partner Nick Cronshaw. Simmons’ involvement came via its role advising British Land on the £2.08bn refinancing of the Broadgate Estate, the largest commercial mortgage-backed securitisation to date, after which the firm’s name was put forward for this deal. Scots firms Dundas & Wilson, Semple Fraser and Henderson Boyd Jackson advised Scottish Retail on Scottish issues while Jersey firm Mourant du Feu & Jeune advised on Jersey Law. A&O also took a major role on the deal advising Eurohypo, which arranged and sponsored the loan. Finance partners David Krischer and Mark O’Neill led the team. Tods Murray and Ogier advised on Scots law and jersey law respectively. The deal is one of the first commercial mortgage-baacked securitisation issues with a Jersey limited partnership as the borrower


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