Overview

Charles Thain is a senior associate 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).

Education

Cardiff University, LPC

University of Glamorgan, GDL

University of Nottingham, Msci Chemistry

Admissions

  • England and Wales
  • Recommended by Legal 500 2018.