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Who Represents Who

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The following firms do not have a physical presence in Iran but are highlighted for their proven experience advising Iranian clients and foreign investors.

Clifford Chance’s ‘very strong’ team has a fine reputation for handling corporate and finance mandates, as well as considerable experience advising on regulatory issues including sanctions. The practice has a strong following in the financial services sector, where it typically advises on issues concerning market entry, and frequently handles project finance and project development work for energy sector clients. Abu Dhabi-based Antony Single heads the team and Richard Parris has ‘a very good understanding of local issues’.

Freshfields Bruckhaus Deringer advises large corporations and international banks on corporate, investment and sanctions-related matters. Highlights included Stephan Denk advising Pomegranate Investment on sanctions-related matters including compliance, and practice head Farid Sigari-Majd acting for Austria-based bank Oberbank on a financing agreement with Iranian banks. International commercial arbitration and investment arbitration expert Will Thomas joined the firm’s London office from Eversheds Sutherland LLP in September 2016.

At Herbert Smith Freehills LLP, London-based William Breeze and Paris-based Leila Hubeaut jointly head the team, which has a significant focus on project development and market entry work but also provides investment advice. The group utilised its substantial expertise in the energy sector to advise China National Petroleum Corporation on its investment in the development of phase 11 of the South Pars gas project, and provided German solar company Greencells with joint venture advice.

Linklaters specialises in compliance and project finance work within the energy and infrastructure sectors, where it regularly acts on the lender side. Dubai-based banking and project finance expert Sarosh Mewawalla heads the team, which includes London-based compliance specialist Ben Carroll.

Pinsent Masons LLP’s ‘very experienced’ team is well equipped to guide its European and Asian clients, including several energy, financial and construction sector players, through the entire investment life-cycle, spanning advice on investment structures and joint ventures to support with regulatory and compliance matters, and has particular expertise in the oil and gas sector. Practice head George Booth, who divides his time between London and Dubai, is ‘very good’.

Stephenson Harwood has considerable experience advising local and international clients, largely from the financial services and transport sectors, on banking and sanctions matters, which frequently have a contentious element. Dubai-based co-head Rovine Chandrasekera acted for the National Iranian Tanker Company in challenging the re-imposition of EU sanction measures before the General Court of the EU and the Court of Justice of the European Union. London-based co-head Sue Millar has ‘an excellent knowledge of Iranian sanctions and the banking system in particular’ and is ‘good to work with’. Shipping litigator Edward Newitt joined the firm’s Dubai office from HFW in 2016.

Clyde & Co LLP is experienced in advising on matters concerning sanctions and market entry, as well as handling general corporate and commercial matters. Key figures include Dubai-based Patrick Murphy and Jonathan Silver, as well as London-based Clare Hatcher and John Whittaker.

Eversheds Sutherland LLP’s ‘knowledgeable, responsive and efficient’ team is jointly headed by Dubai-based senior associate Atousa Mahmoudpour, who joined the team from Fichte & Co. in January 2017, and Paris-based David Sellers. The team, which has a particular focus on the energy sector, is adept at advising domestic and international clients on commercial, corporate and market entry matters, including investment, employment and sanctions-related issues. International commercial arbitration and investment arbitration expert Will Thomas joined Freshfields Bruckhaus Deringer in September 2016.

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