Jake Holmes
Legal Director
Contact details
0118 955 3019
Email Jake
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
Email Jake
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
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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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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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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