Richard Clark

Richard is an expert in banking documentation projects and corporate insolvency.

His banking practice focusses on developing and reviewing regulated and unregulated products, specialising in mortgages and loan and security suites. He regularly works with lender and industry bodies (including UK Finance and the Building Societies Association) in responding to market, legal and regulatory change. Recent developments he has spearheaded include LIBOR cessation, the Pension Schemes Act 2021, the Corporate Insolvency and Governance Act 2020, the corporate transparency legislation, the National Security and Investment Act, the Consumer Duty, and the government-guaranteed loans introduced in response to the Covid pandemic.

His corporate insolvency experience sits in complex situations, particularly formal and consensual debt restructurings, pensions funding issues, and distressed FCA regulated entities. He also undertakes formal corporate insolvency work, particularly in real estate, retail and financial services. He is a former council member of R3, the insolvency trade body.