How to Navigate Banking Transactions

Navigating Banking Transactions A practical guide to commercial lending for lawyers in Ireland By Jennifer O’Sullivan, founder of Law Hero

Understand the deal behind the documents.

You’ve been asked to review a facility agreement, update the conditions precedent or help prepare for closing. But where do you start, and how does your task fit into the wider transaction?

Navigating Banking Transactions helps you make those connections. Written for trainees and junior lawyers working on Irish commercial lending, it follows a financing from the first instruction through to signing, funding, repayment and release.

Across 17 chapters, worked examples and a practical glossary, you’ll explore how to:

• Read a facility agreement and understand what its clauses do.

• Connect pricing, covenants and repayment terms to the borrower’s business.

• Understand security, guarantees and relationships between creditors.

• Work through conditions precedent, signing and funding.

• Recognise issues, ask useful questions and explain what needs a decision.

• Follow amendments, financial difficulties and the release of security.

The explanations bring together the legal documents, commercial purpose and practical work expected of a junior team member. Worked calculations and hypothetical scenarios help you apply what you’re reading.

Whether you’re starting your banking rotation, moving into the practice or looking for a clearer foundation, this is a learning companion you can return to alongside supervised work.

Start with the sample chapter and see how the whole transaction fits together.