James Walton

James has over 20 years post-qualification experience advising on all forms of finance transaction. He advises lenders, borrowers and other market participants on senior debt, mezzanine debt, equity investments, loan acquisitions, ‘loan on loan’ transactions and other forms of debt financing transactions, as well as loan restructurings and enforcements. His clients include banks and specialist lenders, debt funds, family offices, loan servicers, private equity funds, insolvency practitioners and corporates.

James has extensive expertise in advising on real estate debt financings, acting on both the ‘lender side’ and ‘borrower side’ of these transactions, working on transactions involving all types of real estate, both in the UK and overseas.

He has experience in both buying and selling performing and non-performing loans and loan portfolios and ‘working out’ non-performing loans and loan portfolios post-acquisition, including advising on restructuring and security enforcement strategies and working with clients to extract value from the acquired portfolio.
James has particular knowledge and experience of the evolving litigation funding market, advising and working with funders, insurers and other interested parties on the financing of disputes.

James is recognised in the Legal 500 for his real estate finance experience, where his client testimonials include:

• "James has great practical knowledge and is excellent at providing guidance as to how a difficult situation might play out. He is our first port of call in a contentious situation".
• "James has structured complex deals for us. He has excellent commercial awareness and is a trusted advisor to our business."
• "James is a very knowledgeable, approachable individual. He clearly engages the rest of his team on our transactions whilst taking the lead. He is pragmatic and commercial and a pleasure to work with."

Panel

  • Contributing Author

Qualified Year

  • 2000

Qualification

  • LLB Hons

1 Contributions by James Walton

Loan-to-Value Covenants in Secured Lending: Key Terms, Valuations, Declaring Defaults, Borrower Defences, Cure/Workout Options and Market Conditions
PRACTICE NOTES
Loan-to-Value Covenants in Secured Lending: Key Terms, Valuations, Declaring Defaults, Borrower Defences, Cure/Workout Options and Market Conditions
This Practice Note looks at: the principal features of loan to value (LTV) covenants in secured lending transactions possible issues with calling an event of default arising from a LTV covenant breach potential challenges to an event of default based on a LTV covenant breach remedying a LTV covenant breach the impact of the economy on LTV covenant breaches LTV covenants are a vital element of risk management in secured lending. An LTV covenant is a common financial covenant that requires the outstanding principal of a loan, expressed as a percentage of the value of the security charged in favour of a lender, to stay below a specified threshold for the life of the loan. This gives lenders a means to monitor and protect the strength of their security over time. For borrowers, grasping and negotiating these covenants is key to achieving favourable loan terms and steering clear of the pitfalls that can arise from a breach. Although a lender relying on an LTV breach to declare an event of default has generally been regarded as relatively uncontroversial, there are a number of issues to consider...
Restructuring & Insolvency
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