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William Johnston

Partner

+353 (0)1 618 0560 (Direct Line)
william.johnston@arthurcox.com

Dublin » Arthur Cox, Earlsfort Centre, Earlsfort Terrace, Dublin 2, Ireland

Expertise

William has extensive expertise in all aspects of security law for financing and banking facilities, including equity releases, letters of credit, banking law issues including bank confidentiality and permitted exceptions to it, compliance with the Central Bank Acts, the Consumer Credit Act and Consumer Protection and other Codes, Credit Union Acts, asset finance in particular aviation financing, lease structures, Capetown registrations, raising debt in the capital markets in Ireland and abroad, due diligence reports on banks and measures for the State support of the banking sector.

Experience

Experience includes:

  • Acting for banks and borrowers, in particular semi-State and former semi-State corporations, and the food sector in bank financing
  • Advising on the review of security held by credit institutions for stress testing the banking sector
  • Advising on the drafting of the National Asset Management Agency legislation, on the preparatory work for the transfer of assets and the preparation of standard financing documents
  • Advising banks on appropriate bank lending procedures and standard financing and security agreements
  • Advising banks on the retention of records and release/non-release of information
  • Acting for banks, managers, dealers and trustees in the debt capital markets, in particular commercial paper and medium term note programmes as well as hybrid securities
  • Advising security trustees in securitisation projects
  • Acting for lessees in aviation financing
  • Advising on deposit protection
  • Advising on the Credit Institutions Financial Support Scheme and the Eligible Liabilities Guarantee Scheme
  • Advising on the Credit Union sector

Practice Areas

Education

  • MA (Econ & Admin), 1974, Trinity College, Dublin

Professional

  • Admitted as a solicitor, 1979

Memberships

  • The Company Law Review Group (Chair of a number of creditor related sub-committees)
  • International Bar Association (Chair, Banking Regulation Sub-committee of Banking Law Section, former Co-chair legal opinions Sub-committee)
  • Law Society of Ireland (former Chair, Business Law Committee) (lecturer in Applied Finance Law and in Insolvency and Restructuring Law)
  • Board of UCD Commercial Law Centre (Chair of a number of conferences at the Commercial Law Centre)
  • Board of The National Maternity Hospital (Holles Street) and of a number of finance and insurance companies
  • Editorial Board Butterworths Journal of International Banking and Financial Law (London)
  • Editorial Board of Commercial Law Practitioner

Authorship

  • Co-editor of “Set-off Law and Practice, an International Handbook” (Oxford University Press, 2nd ed. 2010)
  • Editor of “Security over Receivables, an International Handbook” (Oxford University Press, 2008)
  • Co-editor of “Arthur Cox Banking Law Handbook” (Tottel, 2007)
  • Co-author of “Structuring Company Lending after the Company Law Enforcement Act 2001” (Buterworths, 2001)
  • Author of “Banking and Security Law in Ireland” (Butterworths, 1998)
  • Author of chapters on Irish law for “Doing Business in Ireland” (LexisNexis), “Neate & Godfrey: Bank Confidentiality" (5th ed) (Bloomsbury Professional), “International Acquisition Finance” (2nd ed) (OUP), “Set-off Law and Practice” (2nd ed) (OUP), Security over Receivables (OUP), "International Banking: Law and Regulation" (Oceana), “International Secured Transactions” (Oceana), “Financial Services in the New Europe” (Graham & Trotman), “Security over Immoveables” (Kluwer) and “Bankers’ Liability: Risks and Remedies” (Kluwer)

 

IFLR1000, 2012 - Leading Lawyer

Publications

The Company Agenda - Special: The Draft Companies Bill, June 2011
Banking, Corporate and M&A, Company Compliance and Governance
01.06.2011 | Format: pdf
Detention and Sale of Aircraft for Non Payment of Airport Charges, February 2010
Aviation
04.03.2010 | Format: pdf
Establishing an Aircraft Leasing Platform in Ireland, Spring 2009
Banking, Tax, Aviation
27.05.2009 | Format: pdf
Briefing - Banking Group (FR Mortgage Code), March 2009
Banking, Financial Regulatory
13.03.2009 | Format: pdf
Briefing - Banking Group (FR SME Code), March 2009
Banking, Financial Regulatory
11.03.2009 | Format: pdf
Arthur Cox Banking Law Handbook
Banking
02.10.2007 | Format: html