Zak Virgin

Position: Partner
Phone: +(44)(0)1603 693244
Fax: +(44)(0)1603 626370

What can I do for you?

I’m a specialist in banking and finance but in particular acquisition finance, asset based lending and funding for reconstructions or distress situations. Most of my work is carried out for lenders, and the detailed understanding that this brings of how banks tick means that I have a real insight when advising borrowers on their facilities.

Supporting my clients’ objectives

Many of the lenders I advise are often entering into a new relationship with the borrower that they are funding. A smooth legal process can help the lender impress its new customer. A bad one can get a new relationship off to a rocky start. I am always concerned to ensure that the borrower sees that we, like its lender, are being proactive to achieve the best possible outcome.

I was particularly privileged to advise KBC Business Capital on its first sole funding in the United Kingdom. You can’t get a much newer relationship than that! The process went very well, and any concerns that the borrower or its advisers had about whether this new bank could deliver were quickly dispelled. The borrower is flourishing and everyone is delighted.

What do others say?

Although we pride ourselves on being real experts in banking and finance (after all, it’s all we do) our team is often complimented for our responsiveness and pragmatism. Being an expert is no use on its own, you also have to know how to get the job done.

Our clients told Chambers UK that, as a team, we are “extremely approachable lawyers, who never make non-lawyers feel intimidated”. I was pleased that clients also said that I am extremely commercial in my focus.

What else should you know?

Our team is a member of the Loan Market Association, which means that we have the very latest documentation used by serious finance professionals available to us.