Brendan Cunningham

Experience

• University College Cork on multiple significant financing matters related to campus expansion, student accommodation and development of research centres as well as acquisition of additional sites required for the expansion of the university. Representative matters include advising
  • in connection with Guarantees being made available by UCC to Bank of Ireland to secure substantial overdrafts to entities controlled by UCC including IMI, Mardyke Leisure (UCC) DAC and Campus Accommodation (UCC) DAC.
  • Purchase and financing of St Vincent’s Church and site, at Sunday Well, Cork
  • in negotiating and drawing down a €33m loan from Housing Finance Agency; restructuring the Bank of Ireland facilities for each of its subsidiaries.
  • in connection with development funding from the Housing Finance Agency (“HFA”) to fund the construction of a 255 bed student accommodation on the site of the Crow’s Nest complex at Bishopstown, Cork
  • Drawdown of funds from Ulster Bank in connection with the purchase by it of existing student accommodation developments at VC1 and VC2 at Victoria Cross, Cork; University Hall in Wilton, Cork, and Mardyke Hall, Cork.
  • The purchase and financing of its Executive Education Centre in Lapps Quay and the purchase and its funding of its site for the new proposed Business Campus in South Terrace, Cork
• Bank of Ireland in financing a 66 house residential development in a Cork suburb, a 28 unit development in Blackrock Cork, and other residential developments in Carrigaline, Macroom, Midleton, Ballincollig, Millstreet, all County Cork, Mount Merrion in Dublin and Killarney in County Kerry (by way of example)
• Castlehaven Property Finance DAC -advised Castlehaven in relation to the provision of loan facilities to O’Brien & O’Flynn Unlimited Company (in liquidation and in receivership) and its subsidiaries to finance the rescue of the company and allow its return to normal status, and to provide for development financing in respect of residential sites owned by the Group at Sarsfield Road and Passage West, Cork.
• Exinda Ireland Limited (a subsidiary of Exinda Inc. which is a Delaware technology company) on borrowing revolving and term loans from WF Fund V Limited Partnership (a North American fund with investment focus on knowledge-based industries) to refinance existing debt and for working capital and general corporate purposes.

Education

University College Cork (BCL)

Professional

Admitted as a solicitor in Ireland.
Past President of the Southern Law Association.
Member of the Council of the Law Society and a Vice Chairman of its Regulation of Practice Committee and Vice Chairman of its Education Committee