CMS and Gateley take new spots on enlarged Metro Bank lending and securities panel
Bank expands roster size from 14 to 18
January 04, 2018 at 06:56 AM
2 minute read
The original version of this story was published on Law.com
CMS and Gateley are among nine new firms to have won places on Metro Bank's lending and securities panel.
The firms join alongside incumbents McMillan Williams Solicitors Limited (also known as MW Solicitors), Blake Morgan, Eversheds Sutherland, Dentons and Howard Kennedy. Other new additions include Bates Wells Braithwaite and Charles Russell Speechlys.
The refreshed panel now includes 18 firms, up from 14.
The bank's general counsel Sally-Ann James oversaw the review, which began in November.
Previously, James was head of contract and commercial at The Co-operative Banking Group until 2010. She joined Metro Bank as GC in 2012.
The bank will now begin reviewing its commercial panel, which was first established in 2013, with a view to launching the new panel from 1 May. The commercial panel is currently made up of Addleshaw Goddard, Blake Morgan, DWF, Gowling WLG and King & Spalding.
Metro Bank has five panels in total including commercial, property, employment and litigation as well as lending and securities.
Set up in 2010, the bank has been known to go off-panel and uses Linklaters as one its main corporate advisers. The magic circle firm advised Metro Bank in 2016 on its £1.6bn float on the London Stock Exchange and its £400m equity capital raise prior to the float.
Clarification: An earlier version of this story incorrectly stated that MW Sols had lost its place on the panel. Operating as McMillan Williams, the firm remains a member of Metro Bank's lending and securities panel.
The panel in full:
CMS Cameron McKenna Nabarro Olswang
Charles Russell Speechlys
Bates Wells Braithwaite
DMH Stallard
Gateley
Seddons
Abrahams Dresden
Birketts
Woodfines
Blake Morgan
Hugh James
McMillan Williams Solicitors Limited (trading as MW Solicitors)
Eversheds Sutherland
Dentons
EMW
Herrington Carmichael
Howard Kennedy
Lawrence Stephens
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