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Freshfields Bruckhaus Deringer LLP

Work +1 202 777 4500
Fax +1 202 777 4555
Abu Dhabi , Amsterdam , Beijing , Berlin , Brussels , Cologne and 22 more

United States: Antitrust

Cartel - ranked: tier 4

Freshfields Bruckhaus Deringer LLP

Cooperating closely with its international network of antitrust attorneys, Freshfields Bruckhaus Deringer LLP’s US antitrust group receives a steady flow of work on high-profile domestic and multi-jurisdictional cartel investigations. The practice, which is headed by Paul Yde, is involved in matters related to LIBOR, the global forex market and credit default swaps. Bruce McCulloch represented Vita Group in a DOJ price-fixing investigation into the polyurethane foam industry. The firm also acted for autoparts manufacturer Continental. Other key clients include Intel, Novartis and the London Stock Exchange. Tom Ensign appears regularly before the DOJ and the FTC.

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Civil litigation/class actions
Civil litigation/class actions - ranked: tier 5

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP’s Washington DC team was particularly active in 2015, notably in litigation following on from cartel investigations. As an example, practice head Paul Yde led the defense of United Airlines in more than 100 civil complaints brought nationwide following a DOJ investigation into potential airline price and capacity collusion among domestic carriers. The group acts for numerous international clients, such as Beijing Matsushita Color (Re Cathode Ray Tube Antitrust Litigation) and Hachette Book Group. Bruce McCulloch is an additional key contact. Since publication, Michael Lacovara has joined Latham & Watkins LLP.

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Merger control
Merger control - ranked: tier 3

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP’s antitrust group is known for its ‘pragmatic approach and good understanding of the regulatory environment’. Headed by the recommended Paul Yde, it has seen an upsurge in deals triggering scrutiny by the DOJ, the FTC, state attorneys general and foreign regulators. Yde and counsel Mary Lehner advised global drinks can maker Rexam on the merger control aspects of its $6.35bn takeover by US competitor Ball Corporation. Intel is another major client. Tom Ensign is also noted.

Leading lawyers

Paul Yde - Freshfields Bruckhaus Deringer LLP

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United States: Dispute resolution

General commercial disputes
General commercial disputes - ranked: tier 4

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is noted for its ‘great business acumen’, ‘responsiveness’ and ‘outstanding experience in complex financial litigation and investigations’. Among the firm's recent successes was the defense of Formula One and CVC Capital in the Supreme Court of New York, which dismissed claims of tortious interference, unjust enrichment and conspiracy. Other key figures include ‘very skilled and successful litigatorMarshall Fishman and ‘excellent communicatorTim Harkness. Senior associate David Livshiz is also recommended. Since publication, Michael Lacovara has joined Latham & Watkins LLP.

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International arbitration
International arbitration - ranked: tier 1

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a ‘leader in international arbitration, with a dedicated team and practice that throughout the years has established a deep-rooted culture of excellence’. The firm’s success has a lot to do with the expertise of Washington DC-based Nigel Blackaby and with its considerable profile in Latin American-related disputes. Work highlights included Blackaby and Elliot Friedman representing Burlington Resources, a subsidiary of ConocoPhillips, in a multibillion-dollar dispute against Ecuador regarding expropriation claims. Friedman and the ‘exceedingly talented’ Brian King represented ConocoPhillips against Venezuela in a multibillion-dollar ICSID arbitration regarding expropriation claims by several of its Dutch subsidiaries. Noiana Marigo, who is dual qualified in Argentina and New York, represents corporations and investors throughout Latin America. She was lead partner when the firm represented GDF Suez in two arbitrations against Argentina, one of which resulted in a $405m award in favor of the company. Oil and gas is a notable area of strength for the group, which also counts Petrobras, Tenaris, Repsol, Pan American Energy and Wood Group among its recent clients.

Leading lawyers

Nigel Blackaby - Freshfields Bruckhaus Deringer LLP

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International litigation
International litigation - ranked: tier 3

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP handles a variety of cross-border matters for international clients and excels with respect to investigations and litigation involving allegations of financial accounting violations, securities fraud, insider trading, options backdating, cartel and other anti-competitive activity, and FCPA matters. Marshall Fishman recently represented a financial institution in class actions involving claims of market manipulation and has handled matters arising from the Madoff investment scandal. Elliot Friedman focuses on international litigation and arbitration related to energy and natural resources. His past work includes energy-related disputes regarding long-term contracts, joint venture agreements, construction contracts, distribution agreements and intellectual property. Friedman also regularly represents companies in transnational litigation in US courts, especially the enforcement of arbitral awards. Senior associate Leah Friedman specializes in multi-jurisdictional disputes and advises clients on antitrust, corporate, criminal, Alien Tort Statute, financial services and IP matters. All lawyers mentioned are based in New York.

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International trade
International trade - ranked: tier 4

Freshfields Bruckhaus Deringer LLP

With five US partners and global resources spread across Europe, the Middle East and Asia, Freshfields Bruckhaus Deringer LLP’s newly configured global sanctions and trade group is well placed to provide a coordinated service to multinational corporates and financial institutions on their global sanctions and trade law matters. In unison with the London office, Kimberly Zelnick is advising a major global private equity firm on a range of economic sanctions and export control compliance matters including in relation to its portfolio companies. Global team head Robert Schlossberg is a ‘leader in the field of CFIUS work’ and represents clients from a range of sectors including oil and gas, financial services and defense. He recently advised global automotive supplier Continental on the CFIUS filing and US military export control (ITAR) filings for its $1.6bn acquisition of rubber and plastics company Veyance Technologies. Counsel Anahita Thoms provides ‘very usable advice, which gets to the heart of the problem’, and has particular expertise advising on EU sanctions and export controls.

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Securities litigation - defense
Securities litigation - defense - ranked: tier 5

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP in New York is ‘great, a very strong practice, and an industry leader for international matters with outstanding experience in complex financial litigation’. ‘Skilled litigatorMarshall Fishman is ‘extremely prepared and very focused’. He secured the dismissal of a shareholder derivative action against Meridian Capital Partners in a case related to the Madoff Ponzi scheme, and he secured the dismissal of securities fraud claims against Citigroup. Tim Harkness and Gabrielle Gould are also recommended.

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White-collar criminal defense
White-collar criminal defense - ranked: tier 4

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP has an ‘excellent’ white-collar criminal defense team that receives work from the likes JPMorgan Chase, HSBC and Deutsche Bank, as well as many multinationals from outside the financial services sector, including Bristol-Myers Squibb. The firm’s workload includes FCPA investigations and criminal tax and forex manipulation cases. New York-based practice head Aaron Marcu acts as the DOJ’s anti-money laundering compliance monitor for MoneyGram. Other recommended lawyers include regional managing partner Adam Siegel, Kimberly Zelnick and Olivia Radin, who are also based in New York, and Benito Romano in Washington DC. Radin became a partner in May 2015. Tim Coleman sadly passed away in November 2015.

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United States: Finance

Capital markets: debt offerings
Capital markets: debt offerings - advice to managers - ranked: tier 4

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP’s US capital markets practice has grown considerably since the arrival of a team at the end of 2014 from Fried, Frank, Harris, Shriver & Jacobson LLP, which included high-profile practitioners Valerie Ford Jacob, Paul Tropp and Michael Levitt. The acquisition of such a well-known group has strengthened the firm’s brand recognition significantly, particularly among banking clients. Notable recent highlights include acting as underwriters’ counsel in relation to a $200m notes offering by Ares Capital, a $500m notes offering by Republic Services, and two offerings by FS Investment Corporation worth $600m combined. Levitt led on the Ares and Republic Services matters; Tropp led on the FS Investment Corporation deal.

Leading lawyers

Valerie Ford Jacob - Freshfields Bruckhaus Deringer LLP

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Project finance
Project finance: advice to sponsor - ranked: tier 4

Freshfields Bruckhaus Deringer LLP

Led by Melissa Raciti-Knapp and Lisa O’Brien, both based in New York, the practice at Freshfields Bruckhaus Deringer LLP is strong in PPP work as well as in energy-sector project financing. An expert in Latin American projects, Raciti-Knapp advised lender-side client OPIC on a $140m loan to help finance Avantel’s $253m deployment of a 4G LTE network across six cities in Colombia, including Bogota and Cali. She also assisted KfW IPEX-Bank as lead arranger and underwriter of a loan to finance a $1.5bn steel mill near Osceola, Arkansas; this constituted the largest private investment in the history of Arkansas, as well as the client’s largest investment in the US to date. She advised the same client on the senior financing of the development of the Mississippi Silicon smelter project, the first silicon smelter plant in nearly 40 years to be built in the US. O’Brien also represented several lender-side clients, acting for RBS as administrative agent for the existing lenders on Morgan Stanley Infrastructure Partners’ $325m sale of the Montreal Gateway Terminals to a consortium led by Fiera Axium Infrastructure. On the PPP side, consultant Bobby Stewart and counsel Adam Giuliano advised the Colorado Department of Transportation on the bid and selection process for the I-70 East Project, funded by the Colorado Bridge Enterprise, the Denver Regional Council of Governments and the fund allocated to the Colorado Department of Transportation by the state of Colorado. Other clients of the team include Kiewit Development Company, Goldman Sachs and Bank of America.

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Structured finance
Structured finance - ranked: tier 3

Freshfields Bruckhaus Deringer LLP

The New York-based team at Freshfields Bruckhaus Deringer LLP covers all areas of structure finance, including, among other things, securitization, complex debt instruments, derivatives, structured repos and tax-related structured products. It benefits from the firm’s international network and cooperates closely with its counterparts in Europe and Asia. The 17-lawyer team, which is ‘superb and able to balance complex instructions and clients’ aims’, is headed by the ‘respectedBrian Rance. Rance oversees a wide variety of securitization and derivatives transactions, including CLO work for Citigroup. Dual qualified in the UK and US, Jerome Ranawake is praised for his ‘commercial negotiating style’; he handles multiple structured financings and brokerage transactions for UBS. Senior associate Ryan Suda is noted for his expertise in the CLO market, where he advises major banks. Other clients include Inter-American Development Bank, Deutsche Bank, Barclays and Credit Suisse.

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United States: M&A/corporate and commercial

M&A: middle-market ($500m-999m)
M&A: middle-market ($500m-999m) - ranked: tier 2

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP’s ‘truly top-notch team of experienced deal makers is extremely commercial, technically excellent and has a good understanding of business drivers; it adds real value through its approach and marketplace knowledge’. Middle-market matters included assisting Japan Tobacco with its acquisition of US e-cigarette brand Logic Technology Development; and advising Mast-Jägermeister on its acquisition of alcohol brands distributor Sidney Frank Importing Company. Other highlights included acting for diversified seafood company Icicle Holdings during its announced agreement to sell Icicle. Large cross-border deals included advising Japan Tobacco - alongside the firm’s Düsseldorf office - on its $5bn acquisition of the non-US operations of Reynolds American’s Natural American Spirit business; and acting for London Stock Exchange Group, together with the London office, in its proposed $1.15bn sale of Frank Russell Company’s asset management business to private equity firm TA Associates, in partnership with Reverence Capital Partners. US M&A head Mitchell Presser distinguishes himself with expertise in private equity, especially food and agricultural investing, while co-head of global M&A Peter Lyons has a career spanning over 30 years and has acted on several dozen multibillion-dollar deals; the pair have been central to the firm’s expansion of its US transactional practice. Matthew Herman, who ‘provides great expertise and fantastic service levels’, is highly rated for his advice to corporations, financial sponsors and other financial intermediaries on their public and private M&A needs, whether the transaction entails assets in the US, US counterparties, or investments or acquisitions in high-growth markets; Doug Bacon is recommended for large, multinational carve-out sales, cross-border M&A transactions, joint ventures and private equity transactions; and Timothy Wilkins has an impressive track-record of representing Asian, European and US multinational corporations in cross-border M&A, private equity matters and joint ventures.

Leading lawyers

Mitchell Presser - Freshfields Bruckhaus Deringer LLP

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United States: Tax

Financial products
Financial products - ranked: tier 2

Freshfields Bruckhaus Deringer LLP

The ‘small but efficient’ financial products group at Freshfields Bruckhaus Deringer LLP benefits from the firm’s global standing and provides clients with extensive knowledge and experience in tax matters, with partners ‘heavily involved’ in all transactions. New York-based Robert Scarborough and Claude Stansbury in Washington DC lead the practice. Keynote matters saw the team advising Cheung Kong Holdings and Hutchison Whampoa on the US tax issues associated with the former’s $24bn stock acquisition of the latter, as well as on the reorganization of the combined business. Scarborough led a group advising a high-profile investment management corporation on all aspects relating to its acquisition of securitized assets backed by royalty revenue from patent-protected pharmaceutical products; the overall value of the matter was $300m-plus.

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International tax
International tax - ranked: tier 3

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP’s ‘small, but top-quality offering’ is ‘very experienced’ in cross-border financial and corporate transactions, as well as tax structuring and compliance. Headline matters included advising Japan Tobacco Group on its $5bn acquisition of the non-US operations of Reynolds American’s Natural American Spirit business, advising Dubai Aerospace Enterprise on the sale of StandardAero to an affiliate of Veritas Capital for $2.1bn, and acting for TelecityGroup in a proposed all-share merger with InterXion Holding and the subsequent agreement to be acquired by Equinix. The ‘brilliantRobert Scarborough in New York and Claude Stansbury in Washington DC head the department.

Leading lawyers

Robert Scarborough - Freshfields Bruckhaus Deringer LLP

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Latin America: International firms

International arbitration

Leading firm’ Freshfields Bruckhaus Deringer LLP’s five-partner Latin America arbitration group is spearheaded by the highly regarded Nigel Blackaby, who co-heads the firm’s global arbitration practice from Washington DC. The team includes numerous dual-qualified and bilingual lawyers, among them Noiana Marigo, who is particularly active in Argentina-related matters. Venezuela is a regular source of work; Brian King and Elliot Friedman continue to act for ConocoPhillips Company in a number of disputes involving the Bolivarian Republic, including an ICSID claim by several of the energy company’s Dutch subsidiaries against the state in connection with its alleged expropriation of three major oil investments collectively worth in the tens of billions of dollars. The team’s diverse client base also includes sovereign states; Blackaby and Marigo represented the Republic of Guatemala in an ICSID claim filed by electric utility company Iberdrola relating to an economic losses claim following a tariff review process initiated by the state in 2008; the pair successfully defended the award given in this case following the Spanish multinational’s decision to initiate annulment proceedings. Rome-based of counsel Lluis Paradell is another key contact. All lawyers mentioned are located in New York unless specified otherwise.

Leading lawyers

Nigel Blackaby - Freshfields Bruckhaus Deringer LLP

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Further information on Freshfields Bruckhaus Deringer LLP

Please choose from this list to view details of what we say about Freshfields Bruckhaus Deringer LLP in other jurisdictions.

United Arab Emirates

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Offices in Vienna


Offices in Brussels


Offices in Seef District


Offices in Beijing and Shanghai


Offices in Dusseldorf , Hamburg , Frankfurt , Berlin , Munich , and Cologne


Offices in Madrid


Offices in Paris

Hong Kong

Offices in Hong Kong




Offices in Milan and Rome


Offices in Tokyo


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Asia Pacific: Regional international arbitration


Offices in Moscow


Offices in Singapore

Saudi Arabia

Offices in Riyadh


United States

Offices in New York and Washington DC


Offices in Ho Chi Minh City and Hanoi

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bulgaria: Opening the gas market for foreign traders!

    Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas ( Правила за търговия с природен газ , " Trading Rules ") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities ( Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ , " Access Rules "). Moreover, it adopted new Rules for Balancing of the Natural Gas Market ( Правила за балансиране на пазара за природен газ , " Balancing Rules "). read more...
  • When Arbitration Meets Insolvency in Montenegro - Can They Coexist?

    Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
  • Hungary: Registration Fees for Company Establishment Abolished

    In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee and the publication cost for incorporating limited liability companies (" LLC ") ( korlátolt felelősségű társaság ), limited partnerships ( betéti társaság ), general partnerships ( közkereseti társaság ), and sole entrepreneurships ( egyéni cég ). The new law becomes effective on 16 March 2017. read more...
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

    The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.
  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • New regulation on unit-linked life insurance in Hungary

    Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum. These payments cover the life insurance component as well as the investment, administrative costs, contracting fee and the commissions. The "total cost charged" ("TCC") is an indicator – calculated in line with the rules of Hungarian insurance regulations – showing all costs charged on life insurance policies having a savings element, reflected as a percentage value. The regulation of the TCC in Hungary has been amended effective 1 January 2017. read more...
  • Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?

    On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure from the current 70% of its market value to 100% (market value to be understood as the price set by the appraisal of the bailiff), provided that (i) the claim to be enforced stems from a consumer contract; (ii) the real property is the debtor's only real property; and (iii) the debtor resided in that real property for at least six months prior to the initiation of the enforcement procedure.   read more...
  • European Court of Justice rules for the first time on discrimination based on belief

    The Court of Justice confirms a policy of neutrality can justify discrimination based on belief.

    Korean appeals court orders Google to disclose to Korean users what personal information Google passed to U.S. government.

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.