'Charles Thain has a great ability to foresee legal issues ahead and resolve them effectively.'Legal 500 2021, Next Generation Lawyer
Overview
Charles Thain is a partner in the Banking & Finance practice of the London office. His work is particularly focused on asset based lending (ABL), receivables finance, supply chain/payables finance and trade finance. Charles represents financial institutions, sponsors, corporates and fintechs in both domestic and cross-border transactions.
He joined Mayer Brown in 2015.
Areas of Focus
Spoken Languages
- English
Experience
Transactions
- Acted for a UK-headquartered global bank in relation to a multi-jurisdiction back-to-back receivables financing facility provided to the Bibby Group.
- Acted for a German financial institution in relation to a multi-jurisdiction off-balance sheet receivables purchase facility provided to a global consumer product company.
- Acted for a global computer hardware and software provider in relation to a European receivables borrowing base facility.
- Acted for a UK-headquartered global bank in relation to an off-balance sheet receivables purchase facility in favour of a global computer software company.
- Acted for UK-headquartered global bank in relation to a European off-balance sheet receivables purchase facility in favour of the Terex group.
- Acted for an international bank in relation to a US and European asset based lending facility provided to an international healthcare products provider.
- Acted for an international bank in relation to a US and European asset based lending facility provided to an international hardware equipment provider.
- Acted for a leading UK financial institution in relation to a receivables financing facility provided to a UK recruitment company.
- Acted for a UK heating equipment provider in relation to an asset based lending facility provided by a UK-headquartered global bank.
Standard Form Documentation
- Drafted a standard form standby letter of credit facility agreement/reimbursement agreement for a global bank.
- Drafted standard form terms and conditions for various trade products/services for a UK-headquartered global bank.
- Drafted standard form receivables purchase terms and online platform terms for Tungsten Bank.
- Drafted standard form receivables purchase terms and online platform terms for Clear Funding.
- Drafted standard form supply chain/payables finance documentation for three leading UK-headquartered global banks.
Associations
- Member of the Bankers Association for Finance and Trade (BAFT).
- Mayer Brown is a member of the Commercial Finance Association (CFA).
Perspectives
Events
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October 182022
Education
Cardiff University, LPC
University of Glamorgan, GDL
University of Nottingham, Msci Chemistry
Admissions
- England and Wales
- Listed as a key lawyer for Asset Based Lending and a Next Generation partner and key lawyer for Trade Finance. Up-and-coming partner Charles Thain handles traditional trade finance transactions, borrowing base finance, receivables finance, supply chain and payables finance and risk distribution structures. Legal 500 2023.
- Listed as a Next Generation Lawyer for Trade Finance and a key lawyer for Asset Based Lending and Fintech. ‘Charles Thain was excellent. He seems to be driven by enjoyment of collective problem-solving rather than just making money.’ Legal 500 2022.
- Listed as a 'Next Generation Lawyer' Charles Thain is also noted for receivables and supply chain finance transactions (Trade Finance). Also listed under 'Other key lawyers' he 'has a great ability to foresee legal issues ahead and resolve them effectively.' (Asset Based Lending). Legal 500 2021.
- 'Rising Star' Charles Thain is listed as a 'key lawyer' for Bank Lending and Asset Based Lending. 'Charles Thain and Ravi Amin are senior associates who have great technical knowledge and the ability to run transactions on their own'. Legal 500 2020.
- Recommended by Legal 500 2018.