Walker Morris lawyers advise Finance Yorkshire on Chameleon investment
Corporate and finance lawyers from Walker Morris have advised Finance Yorkshire on a loan with profit participation investment in Chameleon Technology.
Chameleon, based in North Yorkshire, develops in-home energy devices to help customers monitor and reduce their energy consumption. It is the first business to benefit from a new type of investment from Finance Yorkshire called ‘loans with profit participation’.
The scheme, which can be single drawdowns or tranched investments, can last less than five years, offer a repayment holiday and be secured behind existing bank and finance facilities.
A team of corporate and finance lawyers from Walker Morris advised on the deal, including Peter Considine, finance partner, and Oliver Duke, corporate solicitor.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
Ofgem and DECC have jointly published an action plan of measures to encourage the growth of independent energy suppliers.
The Finance Act 2014 will change the economics of using tax avoidance schemes by requiring payment of disputed tax upfront in cases involving numerous marketed tax management schemes,
Analysis from The Lawyer
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.
New EU rules and lawyers’ increased comfort with digital formats are sparking a sea-change in the way law firms manage their documents