Richard Calnan is a partner in the Banking Department, focusing on banking, security and insolvency. He joined the practice in 1975, qualifying as a solicitor in 1977. Apart from three years teaching law in the early 1980s, the whole of his professional life has been spent at the practice.
His practice covers a broad range of banking and insolvency work, from the financing of corporate transactions, through restructurings and rescues, to administrations, receiverships and liquidations. He has had a lot of experience of restructurings, acting either for the company or the shareholders, as well as of formal insolvency proceedings, particularly administration.
He has an LLB and an LLM from University College London. He is a member of the City of London Law Society’s Financial Law Committee and he is a Visiting Professor at University College London.
He writes extensively on banking, security and insolvency and contractual matters. In addition to articles and chapters in books, he is the author of Taking Security: Law and Practice (third edition, Jordans, 2013), Proprietary Rights and Insolvency (Oxford University Press, 2010) and Principles of Contractual Interpretation (Oxford University Press 2013).