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Rich Eldridge, Partner at Penningtons Manches

Profile

Rich heads our corporate banking team. He covers a range of sectors including healthcare, real estate, technology and private wealth.

Listed as a leading individual in the 2017 edition of The Legal 500, Rich is one of the seven leading banking and finance solicitors in the South East. The Legal 500 notes the firm’s South East banking and finance team ‘advises on major project financing and transactional activity’.

Chambers UK 2018 includes Rich as a notable practitioner and says that he wins praise for being ‘very knowledgeable’ and ‘is very highly regarded for his ability to get things done quickly and pragmatically’. Chambers UK 2017 quoted sources who said Rich 'is commercial, understands the entrepreneurial language and is incredibly responsive'. Chambers UK 2016 quoted sources who said he is 'a breath of fresh air' because of his ability to 'give you the commercial view'.

Rich is an expert in challenging interest rate swaps. He appeared on BBC1's Panorama and has been quoted in the printed press including The Telegraph, The Times and The Independent.

Recent work highlights

  • £34.2 million financing of a manufacturing business.
  • £34 million financing of a care group.
  • £15 million financing of a development of a number of properties.
  • £8.4 million financing of a care provider.
  • £7.5 million financing of a care provider.

Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP