Appointments: Vertu Motors appoints respected legal expert as general counsel

Our weekly round-up of professionals being promoted or recruited within the North East business community

www.cameracraft.co.uk Nicola Loose and Robert Forrester of Vertu Motors
Nicola Loose and Robert Forrester of Vertu Motors

Vertu Motors has announced the appointment of a company law specialist with extensive experience in corporate finance and acquisitions.

Nicola Loose will sit on the group’s operations board and her role will focus on ensuring that Vertu stays at the forefront of developing compliance matters as well as continuing to drive growth through corporate deals

Previously a partner at a leading North East law firm, Nicola’s specialist areas of expertise lie in corporate finance and company law with specific sector expertise in motor retail.

She has made her mark in the legal field having won a number of leading awards, including being voted the North East Corporate Lawyer of the Year at the 2010 and 2013 Insider Dealmakers Awards. She also advised UK Land Estates on the winning Deal of the Year at the Insider Dealmakers Awards 2013 and she was the lead adviser on the £173m sale of the Visage Group to the Li and Fung Group, which won the Deal of the Year in 2010.

Nicola, who acted for Vertu Motors in its acquisition of Bristol Street Motors Group and its re-listing on AIM in 2007, will develop the group’s in-house legal capability and work in conjunction with its external advisers.

Nicola’s talent and acumen have been recognised in the prestigious Chambers and Partners UK guide, which describe her as being “admired by sources as technically outstanding, pragmatic and client-focused.”

Robert Forrester, Vertu Motors chief executive, said: “Nicola is a highly-respected lawyer, who has a wealth of corporate legal experience and knowledge. As the group expands we feel it is important that we have the required in-house expertise in the legal area and compliance.

“She will be a tremendous asset to Vertu Motors as we grow and develop, because she knows the business and the sector exceptionally well, having advised the group since its flotation.”

Nicola added: “I am excited to join a company that I know well with a management team that I respect enormously. I am looking forward to helping Vertu Motors achieve its strategic ambitions going forward.”

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