Zak Virgin

Partner in the finance team specialising in asset-based lending, acquisition finance and non-contentious restructuring and insolvency work. Zak recently led the team acting for PNC Business Credit on substantial asset-based lending facilities for the MBI of the cakes division of McCambridge Group Holdings plc backed by NBGI private equity. He led the teams advising the administrators of the Cardale group, the Brilliant Media group, Silver Spring Soft Drinks and Axminster Carpets on the sales of the businesses and assets issues relating to the administrators’ appointment, duties and distributions to creditors. · Mills & Reeve LLP

EnglandBanking & Finance, Asset-Based Lending

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About

Partner in Mills & Reeve's finance team specialising in asset-based lending, acquisition finance and non-contentious restructuring and insolvency. He qualified in 2001 and has been a partner since 2010; he led the team acting for PNC Business Credit on substantial asset-based lending facilities for the MBI of the cakes division of McCambridge Group Holdings plc and led teams advising the administrators of the Cardale group, Brilliant Media, Silver Spring Soft Drinks and Axminster Carpets on sales of businesses and related administrator duties and creditor distributions.

Practice areas

Banking & FinanceAsset-Based LendingAcquisition FinanceRestructuring & Insolvency

Office

England

Mills & Reeve LLP · Partner in the finance team specialising in asset-based lending, acquisition finance and non-contentious restructuring and insolvency work. Zak recently led the team acting for PNC Business Credit on substantial asset-based lending facilities for the MBI of the cakes division of McCambridge Group Holdings plc backed by NBGI private equity. He led the teams advising the administrators of the Cardale group, the Brilliant Media group, Silver Spring Soft Drinks and Axminster Carpets on the sales of the businesses and assets issues relating to the administrators’ appointment, duties and distributions to creditors.

England

Expertise

Asset-based lendingAcquisition financeNon-contentious restructuring and insolvencyAdministrator-led sales and asset disposals

Education

University of Nottingham — LLB (1997)
East Norfolk Sixth Form College
Caister High School

Admissions

Qualified as a solicitor (2001)