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Dickinson Dees LLP advises on £30m healthcare programme

projects team extends national reach with major scheme financed by Barclays Bank

August 23, 2007

North East giant, Dickinson Dees has advised Barclays Bank on its latest local improvement finance trust (LIFT) scheme in Bury, Greater Manchester.

The £30m investment in local Primary Care Trust facilities will benefit Bury’s 182,000 residents over the next 25 years, though the provision of new and modernised primary care facilities in partnership with the local NHS Trust and Partnership for Health (PfH).

The deal extends Dickinson Dees’ national expertise in Public Private Partnership (PPP) project funding, with the firm now working on a quarter of all LIFT schemes in the UK. The team has acted for schemes across the country, from the Isles of Scilly in Cornwall to Oldham in the North West.

The scheme is one of 44 nationally and the first that Dickinson Dees has advised Barclays on. The five-strong team incorporated expertise from across the firm with representatives from finance, property and construction and was headed by partner, Russell Jarvis. Russell has extensive experience in advising national funders including Nationwide, Allied Irish and The Co-operative Bank on debt and equity investments.

“Dickinson Dees has a national reputation for public sector excellence, in particular having advised on a huge number of LIFT schemes of national importance. The team has delivered trusted, professional advice on the specific funding requirements throughout the programme,” said Philip Richardson, director at Barclays’ PFI Unit.

“Healthcare schemes can only be judged on the successes seen by frontline services, so a streamlined and effective process has to be set up and promoted throughout the project’s lifecycle,” said Russell Jarvis, partner at Dickinson Dees. “The creation and improvement of NHS facilities will be of enormous benefit to the community and provide long-term health resources for the people living in Bury,” he added.

Other parties included Hammonds, acting for SPV and Addleshaws on behalf of the Primary Care Trust.

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About the company

Dickinson Dees is one of the UK’s leading regional law firms. Based in the North of England, with 78 partners and 925 people in all, the firm provides legal services to corporate, commercial, public sector and private clients across the UK. Dickinson Dees prides itself on the high quality and personal service it offers clients, providing complete transparency from pitch to proposal to project. Its stable partnership and high growth rate make it one of the most successful law firms in the UK today. The firm counts some of the UK’s largest organisations amongst its clients including major banks, industry and retailers. It also supports some of Britain’s fastest growing dynamic young businesses. Recent multimillion pound deals have included work for major national plcs. It also has a large public sector client base including local authorities across the country from London to the North East, major health and other public service institutions as well as national and regional government departments and organisations. A national business with strong regional roots, Dickinson Dees attracts legal talent locally and from across the nation to join its five offices across Newcastle, the Tees Valley, Yorkshire and London. Its partners sit on some of the UK’s most important public and private sector bodies including Family Law Association, Royal Town Planning Institute, STEP - Society of Trusts and Estates Practitioners and The Royal Institute of Chartered Surveyors (RICS).

Contact details

For further press information and photography please contact:

Patrick Hussey at LEWIS, the PR agency

Tel: +44 (0) 161 601 7740

Fax: +44 (0) 161 601 7741

Email: dickinsondees@lewispr.com

Website: www.lewispr.com

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