Cardium Law Limited has taken up BDLA associate membership, joining the Bridging & Development Lenders Association.
Cardium Law is a specialist litigation business providing legal services across construction, business and finance. It works with businesses of different sizes and has connections across insurers, brokers and litigation funders, which it says allows it to support clients with litigation, access to finance and risk management.
The BDLA says it is the UK’s only trade association dedicated to representing the interests of bridging and development lenders and their customers. Its membership brings together lenders and associate firms from across the specialist property finance market, and it acts as a collective voice for the sector while promoting high standards, responsible lending and best practice. The association also engages with regulators, policymakers and other stakeholders on issues affecting the market.
“Legal expertise is an important part of the infrastructure that supports specialist property finance, particularly as lenders navigate increasingly complex transactions and manage risk throughout the lending process,” said Adam Tyler, chief executive of the BDLA (pictured).
“Bringing firms with different areas of professional expertise into the BDLA helps create a broader exchange of knowledge between lenders and the businesses that support them. Cardium Law brings experience across litigation, finance and construction, and we look forward to drawing on that perspective as part of our Associate membership.”
Matthew Clark, chief executive at Cardium Law, noted: “Specialist property finance increasingly relies on different disciplines working effectively together and there’s real value in bringing the right legal and finance expertise around a transaction or dispute rather than looking at each issue in isolation.”
“Joining the BDLA gives Cardium an opportunity to contribute our experience to a wider network of lenders and professional advisers and build the relationships that help the industry deal with complex situations more effectively.”
