Richard leads the firm's banking team in Aberdeen. He has a wide range of finance experience including acquisition finance, real estate finance and vessel finance, acting for both lenders and borrowers.

Richard's experience

  • Advised a major UK bank on a £50m investment term loan facility to finance the acquisition of a prime London property.

  • Advised two UK clearing banks, on a £20m increase to an existing loan agreement to finance an acquisition.

  • Acting for a club of lenders in relation to the provision of $150m secured debt facilities to an offshore vessel owner and operator of emergency response and rescue vessels (ERRVs) registered in multiple jurisdictions.

  • Acting for the purchaser of a business owning a large fleet of vessels operating in the energy sector and using £15m secured debt to finance the acquisition.

  • Acting for a club of lenders providing £70m secured debt finance in relation to the acquisition of newbuild vessels from a shipyard in China.

  • Acting for the lender in relation to the provision of £20m secured debt finance to a vessel operator for the purchase of a newbuild vessel from a shipyard in Norway.

  • Advising the lender in relation to the £20m refinance of facilities secured over a fleet of fishing vessels.

  • Advised Bricks Capital on the sale of the 402 bed development at Discovery Quay, Salford, Manchester.

  • Acted for the seller of holding companies which owned the following purpose built student accommodation developments: 315 bed development at New City Road, Glasgow; 398 bed development at Upper Dean Street, Birmingham; and 402 bed development at Discovery Quay, Salford.

  • Advised Bricks Capital UK Limited on their student development scheme at Salford Quays. The scheme involves three phases with 402 student apartments.

Credentials

  • 2013
    Made Partner at Pinsent Masons
  • 2003
    Qualified - Scotland
  • 2001
    Joined Pinsent Masons
  • 2001
    University of Aberdeen – Diploma in Legal Practice
  • 1999
    University of Aberdeen – LLB (Hons) Economics
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Out-Law / Insight by Richard Scott

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