Jake Holmes

Legal Director
Contact details

0118 955 3019

Jake is a Legal Director working in both the Banking & Finance team and the Business Support & Insolvency team based in Reading.

Main areas of practice

  • Jake advises insolvency practitioners, banks, landlords and creditors, as well as the directors and owners of distressed businesses on all aspects of corporate restructuring and insolvency.
  • He is regularly instructed in relation to claims for and against insolvency practitioners, including preference claims, transaction at undervalue claims, transactions to defraud creditors claims, misfeasance claims, unlawful dividends claims, director’s loan account claims and use of officeholders’ investigatory powers.
  • Jake has particular expertise in issuing and defending statutory demands, bankruptcy and winding-up petitions.

Jake mainly acts for insolvency practitioners acting as trustee in bankruptcy in relation to bankrupt estates or as administrators or liquidators of insolvent companies.

Banking & Finance

Jake has experience in acquisition finance, property finance and asset finance. He advises banks, corporate and individual investors and other institutional lenders and borrowers across a variety of sectors. Jake is responsible for drafting and reviewing facility documentation, negotiating security, preparing sale and purchase agreements and undertaking complex security reviews.

Clients

Jake assists the team in advising banks, other institutional lenders and borrowers.

Expertise

Career

Having originally worked at a large City firm, Jake joined Blake Morgan in September 2013 where he later qualified as a solicitor. He was promoted to Senior Associate in July 2022.

Contact details

0118 955 3019

Accreditations

Significant Experience

  • Jake has experience of contentious financial services, partnership, company and insolvency disputes, as well as dealing with transactional banking & finance matters.
  • Business Support & Insolvency

Additional Expertise

Jake assisted with the first ever winding-up of a credit union, which involved negotiating with the FCA and FSCS to dispense with the advertising requirement for winding-up petitions.

Insights by Jake


articles

11 January - Jake Holmes

The deadline for applying for a loan under the Coronavirus Business Interruption Loan Scheme (the "CBILS") has been extended. The Coronavirus Large Business Interruption Loan Scheme or the Future Fund,...

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articles

23 April - Jake Holmes

Coronavirus has already damaged large swathes of businesses across the world. We recommend that all businesses should review their current financing arrangements. This is to ensure that businesses are ready to...

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articles

23 April - Jake Holmes

Material Adverse Effect ("MAE") clauses are almost always included in loan agreements. Their purpose is to act as a "sweeper" to allow the lender to take action when the lender...

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