THE specialist banking team of a Liverpool law firm has been celebrating its role in a multi-million pound deal to put a city brewery on the stock market.
DLA Piper's role in the £37m deal will see Cains Brewery complete a reverse takeover of Honeycombe Leisure Plc.
The Liverpool practice represented the funder, Halifax Bank of Scotland, and is the only law firm in Liverpool to act for all the major banks based in the city, which includes Alliance & Leicester, Anglo Irish Bank, Barclays, HSBC, Lloyds TSB, RBS and Natwest.
Andrew Noon, DLA Piper's head of Liverpool banking, said: "We are enjoying the benefits of Liverpool's vibrant economic performance.
"It's good to see Cains achieve a stock market listing and anyone who has a stake in how Merseyside is perceived will welcome this progress."
Stephen Roper, who has a focus on asset finance and invoice financing, transferred from DLA Piper's Manchester office to help cope with the workload.
He said: "It's a very busy practice and I'm looking forward to contributing to our continued success."
The wider DLA Piper's North West banking team has been described by the independent UK Legal 500 guide as providing "a depth of service unrivalled in the region."
Other high profile deals the Liverpool team has advised include the Icelandic bank, Glitnir Bank, in connection with the £351m bid for House of Fraser by a consortium led by Icelandic retail investor