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June 30, 2011updated 12 Apr 2017 4:13pm

Norton Rose expands asset finance team

Norton Rose has appointed Michael Black to help grow the law firm's asset finance business in Europe.

By Nick Huber

Norton Rose has appointed Michael Black as a banking partner to help the law firm grow it’s asset finance business in Europe.

Black will be joining from another law firm, SNR Denton, where he is a partner and co-head of itspicture of michael black. financial institutions and funds sector group. He specialises in secured corporate lending transactions, particuarly asset-based lending, restructuring and structured real estate finance.

Jeremy Edwards, Norton Rose’s group head of banking, said: “Asset-based lending has seen a sharp rise in popularity in the USA and Canada in recent years. The European market remains relatively small by comparison, but it’s likely to see significant growth in the coming years.

“Our own asset-based lending capabilities have benefited by our recent expansion into Canada. Bringing Michael on-board means we will now also have one of Europe’s foremost lawyers in this area, helping us to service the needs of our Canadian and USA clients, and also putting us in a strong position to help our European clients as the market grows here.”

Black previously held roles at Allen & Overy and Theodore Goddard, where he made partner in 2000 and later became Head of Banking.

His start date at Norton Rose has yet to be confirmed.

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