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20 CURSITOR STREET, LONDON, EC4A 1LT, ENGLAND
Tel:
Work 020 7831 9222
Fax:
Fax 020 7831 9607
DX:
138 LONDON CHANCERY LANE WC2
Email:
Web:
www.macfarlanes.com

Top-tier Firm rankings

Firm Rankings


London: Corporate and commercial

Commercial contracts
Commercial contracts - ranked: tier 4

Macfarlanes LLP

The broad range of experience at Macfarlanes LLP covers the technology, life sciences, pharmaceuticals and hotels sectors, with particular expertise in outsourcing and complex transactional arrangements. The firm also acts for entrepreneurs and high-net-worth individuals. Malcolm Walton leads the practice and advises on complex carve-out and separation matters, and transitional arrangements, as well as on commercial arrangements relating to IP exploitation and EU laws on free movement and competition. The team's technology offering was strengthened by the 2018 arrival of Mike Rebeiro from Norton Rose Fulbright. In 2018 Rupert Casey left for Keystone Law and Jeremy Courtenay Stamp retired from the firm.

Practice head(s):Malcolm Walton

Other key lawyers:Mike Rebeiro

Key Clients

Dana Inc

Virgin

Merian Global Investors

Quilter Investors

Bank of New York Mellon

Legal & General

Vivo Energy

OCS Group

Winton Capital

Epiris

Appleby

Omnicom

Hayfin

Work highlights

  • Advising Dana Inc on the potential acquisition of GKN’s Driveline technology business.
  • Advising the Virgin Group on commercial contract arrangements concerning the launch of a new group-wide loyalty programme.
  • Advising Merian Global Investors and Quilter Investors on their contractual arrangements with Citibank for the outsourced provision by Citibank of all necessary back off fund accounting services and middle office services.
  • Advised BNY Mellon on the negotiation of two technology and software licensing agreements with a developer, each of which is bespoke and represents a significant step for the client’s development in this sector.
  • Advising Hermes Fund Managers on, and negotiating a transitional service agreement to implement, its separation from BT Pension Scheme Management, following a majority share acquisition in the client.

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Corporate tax
Corporate tax - ranked: tier 2

Macfarlanes LLP

Macfarlanes LLP's tax department is divided into teams handling investment management, M&A, real estate, remuneration and group tax. Particular specialisms for the firm include VAT, employment and mobility taxes, tax policy, operational tax, transfer pricing and share valuation. The group has a niche in advisory work for listed companes and financial services groups, particularly in relation to cross-border matters. Department head Damien Crossley focuses on alternative investment fund taxation, Ashley Greenbank is experienced in the corporate tax aspects of UK and cross-border corporate finance and M&A transactions and group tax planning. Ceinwen Rees, who joined from Debevoise & Plimpton LLP in May 2018, is an expert in funds taxation.

Practice head(s):Damien Crossley

Other key lawyers:Ashley Greenbank; Mark Baldwin; James McCredie; Peter Abbott; Ceinwen Rees

Testimonials

'Good response times'

'Up-to-date with all recent developments,  very commercial in their thinking and love solving problems'

'Damien Crossley is best-in-class; knowledgeable, commercial, innovative and user-friendly'

Key Clients

Hayfin Capital Management

Patron Capital

Bridgepoint Advisers Limited

Permira

Aermont

Dana

Work highlights

  • Acted for the management team of the Cognita schools group on the sale of their shares in its holding company (alongside outgoing investors KKR and Bregal), and their subsequent reinvestment in the new holding structure
  • Advised Patron Capital, a pan-European investor, on tax aspects of the sale of its stake in Cala Homes, one of the UK’s largest house-builders. Their 52.1 per cent share was sold for £315m
  • Advised Bridgepoint in relation to its global carried interest and co-investment arrangements
  • Advised Aermont capital on the tax structuring of its manager group reorganisation and new fund which closed with commitments of €2bn
Leading individuals

Ashley Greenbank - Macfarlanes LLP

Damien Crossley - Macfarlanes LLP

Next Generation Partners

Ceinwen Rees - Macfarlanes LLP

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EU and competition
EU and competition - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP¬†advises clients in sectors including financial services, pharmaceuticals, broadcasting, manufacturing, consumer goods, retail and gambling. It is also worth noting that the team has significant experience in advising on the intersection of intellectual property and competition law. Headed by Malcolm Walton, the department assists clients with issues such as multi-jurisdictional mergers, contentious work, sectoral enquires and investigations by UK, EU and global authorities. ‚ÄėStrategic thinker‚Äô¬†Cameron Firth¬†is also highly recommended and is noted for his involvement in the CMA‚Äôs recent investigations into the pharmaceutical market.

Practice head(s):Malcolm Walton

Other key lawyers:Cameron Firth; Stephen Kon; Christophe Humpe; Fiona Beattie

Testimonials

'The team is strategic, business-oriented, and very impressive in analysing complex situations'

'Macfarlanes stands out for its in-depth knowledge of the industry, commercial and strategically aware advice, and excellent technical legal and drafting skills'

'Team members understand the need for speed and concision in providing legal advice. They are also extremely flexible and consistent in their delivery, as well as very knowledgeable of the industry and the client's business. They are capable of proactively spotting less foreseeable consequences relating to taking a certain course of action'

'Cameron Firth and Fiona Beattie are both very experienced and give clear, decisive guidance. They are pragmatic and sensitive to commercial factors, but also do not shy away from giving difficult advice when needed'

'Stephen Kon and Christophe Humpe certainly stand out in this field'

Key Clients

Flynn Pharma

Actavis UK

Greenergy Fuels

Prysmian Group

Hain Celestial Group/ Hain Daniels Group

BBC

Vision Express

Freightliner Group

HAL Investments

Royal Bank of Scotland

Associated British Foods

Spectris

Hogg Robinson Group

Oaktree Capital Management

Macquarie Capital

AB SKF

Phonographic Performance

PRS for Music

Visa

Pitch International

Qatar Airways

Work highlights

  • Advised Hogg Robinson Group on the merger control aspects of its £410.6m acquisition by American Express Global Business Travel.
  • Advising RBS on its engagement with various competition authorities around the world in relation to a number of high-profile, global antitrust investigations in the financial services sector.
  • Advising private equity firm Better Capital PCC on the sale of Northern Aerospace to Gardner Aerospace Holdings.
  • Advised Spectris and Macquarie Capital on the merger control aspects of Spectris’ sale of its EMS Brüel & Kjær environmental monitoring business into a joint venture with Macquarie Capital.
  • Advising Total Produce, Europe’s leading fresh produce company, on the worldwide merger control aspects of its proposed acquisition of a 45% equity stake in the Dole Food Company from Mr. David H. Murdock.
Leading individuals

Cameron Firth - Macfarlanes LLP

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Equity capital markets ‚Äď small-mid cap
Equity capital markets ‚Äď small-mid cap - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP acts for nominated advisers, listed funds, company issuers and investment managers in a wide range of equity transactions including placing work, private capital investments and corporate transactions with securities and shareholding components. Headed by Robert Boyle, the team's recent work has been fuelled in part by its visibility in the private equity space. In addition, the practice group has experience of equity deals involving tech companies, and has also seen activity from foreign issuers listing in the UK.

Practice head(s):Robert Boyle

Other key lawyers:Harry Coghill; Mark Slade

Testimonials

'Very good technically, but also relatable and easy to work with.'

'Mark Slade is great to work with.'

Key Clients

Supermarket Income REIT

Canaccord Genuity Limited

Venn Partners LLP

Regional REIT

WWW Holdings Company Limited

Game Digital plc

Cevian Capital

J.C. Flowers

Alchemy Partners LLP

Stanhope Capital

Epic Private Equity LLP

Tarsus Group plc

LXB Retail Properties plc

International Game Technology plc

ITE Group plc

Royal Mail

Peel Hunt LLP

J.D. Wetherspoon plc

Work highlights

  • Advised Supermarket Income REIT (traded on the Specialist Fund Segment of the Main Market) on the placing and offer for subscription to fund the acquisition of two target assets, plus a share issuance programme, allowing the directors of Supermarket Income REIT to issue up to 150 million shares of £1 each in the 12-month period from the date of the prospectus.
  • Advising Canaccord Genuity Limited on its role as nominated adviser and broker to Litigation Capital Management Limited (LCM) on its admission to trading on AIM.
  • Advising GAME Digital plc on its move from the Main Market to AIM.
  • Advising Stanhope Capital as the cornerstone investor in a firm placing, placing and open offer by main market traded S4 Capital plc to fund the acquisition by S4 Capital of MightyHive Inc., a programmatic solutions provider for marketers and agencies.
  • Acted for Tarsus Group plc in a cashbox placing by way of accelerated bookbuild, raising gross proceeds of approximately £24m.
Leading individuals

Robert Boyle - Macfarlanes LLP

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Financial services: contentious
Financial services: contentious - ranked: tier 2

Macfarlanes LLP

Macfarlanes LLP advises a range of clients including investment banks, institutional asset managers and fund managers, as well as assisting on strategic regulatory work at senior management and board level. In addition to being appointed to the PRA / FCA panel of skilled persons, particular areas of specialism for the firm are its hedge fund and private equity regulatory advisory practices. Michelle Kirschner and Paul Ellison lead the non-contentious practice, and in a recent highlight, the former advised Salary Finance in relation to its joint venture with independent banking group CYBG . The contentious team is led by Dan Lavender, Matt McCahearty and Barry Donnelly. Their department acts on large, complex regulatory disputes, enforcement actions and investigations. The practice provides clients a full service, from letter of claim through to trial, with in-house advocacy led by Guy Morpuss QC. Also notable are senior counsel Aalia Datoo, who has experience in contentious matters for both international and domestic clients, with particular expertise in complex financial litigation and regulatory investigation matters for banks and financial institutions; and specialist in white collar defence and criminal investigations Neill Blundell, who joined in 2018 from Eversheds Sutherland (International) LLP.

Practice head(s):Dan Lavender; Matt McCahearty; Barry Donnelly

Other key lawyers:Guy Morpuss QC; Neill Blundell; Aalia Datoo

Testimonials

'Astute, trusted advisers who provide wise counsel'

'Good team, seemingly increasing in strength and public profile'

'Very capable and engaged team members, outstanding individuals'

'The Macfarlanes team is responsive and thoughtful'

'Extremely judicious and pragmatic advice'

'Thoughtful strategists, focused on detail and the big picture'

'Matt McCahearty gives consistently sensible, commercial practical advice and take's the client's best interests to heart.'

'Dan Lavender is pragmatic and incisive, as well as personable'

Leading individuals

Dan Lavender - Macfarlanes LLP

Matt McCahearty - Macfarlanes LLP

Rising stars

Aalia Datoo - Macfarlanes LLP

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Financial services: non-contentious/regulatory
Financial services: non-contentious/regulatory - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP advises a range of clients including investment banks, institutional asset managers and fund managers, as well as assisting on strategic regulatory work at senior management and board level. In addition to being appointed to the PRA / FCA panel of skilled persons, particular areas of specialism for the firm are its hedge fund and private equity regulatory advisory practices. Michelle Kirschner and Paul Ellison lead the non-contentious practice, and in a recent highlight, the former advised Salary Finance in relation to its joint venture with independent banking group CYBG . The contentious team is led by Dan Lavender, Matt McCahearty and Barry Donnelly. Their department acts on large, complex regulatory disputes, enforcement actions and investigations. The practice provides clients a full service, from letter of claim through to trial, with in-house advocacy led by Guy Morpuss QC. Also notable are senior counsel Aalia Datoo, who has experience in contentious matters for both international and domestic clients, with particular expertise in complex financial litigation and regulatory investigation matters for banks and financial institutions; and specialist in white collar defence and criminal investigations Neill Blundell, who joined in 2018 from Eversheds Sutherland (International) LLP.

Practice head(s):Michelle Kirschner; Paul Ellison

Testimonials

'A longstanding commitment to the asset management sector'

'Very focused on delivering a high quality bespoke product for hedge fund clients'

'Michelle Kirschner has solid, in depth knowledge of the sector and latest regulatory developments'

'Paul Ellison is very knowledgeable and provides quick and practical advice'

Key Clients

Hayfin Capital Management

Salary Finance

Quilter

Merian Global Investors

Jupiter

Goldman Sachs

Legal & General

M&G

NEX

Work highlights

  • Advising Old Mutual Wealth (OMW) – now Quilter plc – on the funds and regulatory aspects of its sale of Old Mutual Global Investors (now Merian Global Investors) to private equity house TA Associates.
  • Advised Salary Finance in relation to its joint venture with independent banking group, CYBG plc (which owns Clydesdale Bank, Yorkshire Bank, Virgin Money UK and virtual bank B).
  • Advised Hermes Fund Managers Limited (Hermes) on the sale by BT Pension Scheme (BTPS) of a majority interest in Hermes to Federated Investors, Inc. (Federated).
  • Advised a leading private equity house on the bedding-in of MiFID II to the firm’s business and on preparations for SMCR implementation.

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M&A: upper mid-market and premium deals, £500m+
M&A: upper mid-market and premium deals, £500m+ - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP predominantly handles UK M&A work for blue-chip domestic clients, using a comprehensive network of referral firms for cross-border matters. Though the firm has a strong private equity practice, the corporate team predominantly acts for listed companies on public M&A. The firm's broad sector focus is evidenced through the headline matters the corporate team has worked on, including representing Dana Incorporated on the planned acquisition of the driveline business of GKN. The retirement of highly rated Graham Gibb has been mitigated through the hire of Robert Ogilvy Watson from Ashurst, whose focus lies in public company work, and who has experience in multiple jurisdictions, including the US and Asia. In addition, the firm also hired special situations specialist Peter Baldwin from Ropes & Gray LLP. The team is co-headed by Howard Corney and Luke Powell, while outgoing senior partner Charles Martin is regularly involved in board-level issues for the firm's established clients. The 'exceptionally bright' Alex Edmondson is highly rated by clients for his logical approach, and has a particular focus on the technology sector, heading a cross-departmental group.

Practice head(s):Luke Powell; Howard Corney

Other key lawyers:Charles Martin; Richard Burrows; Robert Ogilvy Watson; Peter Baldwin

Testimonials

'Exceptional. I know that when using them nothing will get missed in the deal'

'Alex Edmondson is exceptionally bright'

'Luke Powell is a standout partner and provides the confidence and authority to take tough stances to protect his clients' interests'

Key Clients

Royal Mail

Schroders

Virgin Group

Goldman Sachs

Legal & General

Omnicom Group

Visa Europe

International Game Technology

Lexington Capital Partners

Hovis

Dana Incorporated

Covivio Hotels

Work highlights

  • Advised Dana Incorporated on the proposed $6bn acquisition of the Driveline business of GKN, conditional upon the hostile takeover of the target by Melrose not proceeding.
  • Advised Robey Warshaw as financial adviser to Silver Lake, in relation to its £2.2bn acquisition of ZPG Plc.
  • Advised Hogg Robinson on its takeover offer for GBT, for £500m.
  • Advised Fintech client Salary Finance on a £400m joint venture with independent banking group CYBG, involving the acquisition of an FCA-authorised business,
  • Advised Hermes Fund Managers Limited on the sale by BT Pension Scheme of a majority interest in Hermes to Federated Investors.
Next Generation Partners

Alex Edmondson - Macfarlanes LLP

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Partnership
Partnership - ranked: tier 3

Macfarlanes LLP

John Dodsworth chairs Macfarlanes LLP's cross-departmental professional practices and LLPs group, which excels in M&A and structuring work, as well as advising on employment, tax and regulatory issues that arise out of partnerships. On the contentious side, the group regularly handles partnership disputes, leveraging the firm's broader litigation capabilities. Jessica Adam is another key name; notably advising Slater and Gordon on the separation of its UK operations from its Australian-listed parent.

Practice head(s):John Dodsworth

Other key lawyers:Jessica Adam; Hayley Robinson; Mark Baldwin

Key Clients

Ince & Co

Slater & Gordon (UK)

Salary Finance

Exotix Partners LLP

Smith & Williamson Group

Graphite Capital

Work highlights

  • Acted for Ince & Co. on its merger with Gordon Dadds to become Ince Gordon Dadds.
  • Advised Salary Finance on its joint venture with independent banking group, CYBG plc (which owns Clydesdale Bank, Yorkshire Bank, Virgin Money UK and virtual bank B).
  • Act for Exotix Partners LLP, an inter-dealer broker focusing on emerging markets, in the defence of a claim brought by the administrators of Lehman Brothers International Europe.
  • During the course of 2018, advised on two sets of substantial amendments to LLP agreements for Smith & Williamson Group.

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Private equity: transactions ‚Äď high-value deals (¬£250m+)
Private equity: transactions ‚Äď high-value deals (¬£250m+) - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP has a strong track record acting for management teams of target companies on high-value sales (some of which are worth billions), and  also advises on a significant number of sponsor-side mandates. On the latter front, Alexander Green and Christopher Good advised Lexington Partners on its acquisition of interests in Photobox and Knight Square from Electra Private Equity. Meanwhile, in a £2bn transaction that spanned Brazil and Singapore, Ian Martin assisted the management team of Cognita Schools with the sale of Cognita Topco to Jacobs Holding AG. The company operates over 70 private schools, educating in excess of 40,000 children. Alex Edmondson is strongly recommended, as are joint heads of team Stephen Drewitt  , Howard Corney and Luke Powell.

Practice head(s):Stephen Drewitt; Howard Corney; Luke Powell

Other key lawyers:Ian Martin; Alex Edmondson; Alexander Green; Christopher Good

Testimonials

'The technical expertise of the lawyers (particularly at the senior end) is a real differentiating feature. The group offers high-quality legal advice and has a tenacious desire to combine legal know-how with the achievement of the client's commercial objectives'.

'The depth and breadth of experience within the wider private equity practice ensures partners have deep market knowledge, and senior team members are prepared to form an opinion and state it (something which is not always the case with other service providers)'.

'Ian Martin is a true trusted adviser. He has market leading private equity experience and is always available and attentive to client needs. He is a brilliant and tough negotiator who really understands what clients care about and where the high-value commercial issues lie. I am always delighted to have Ian in my corner'.

Work highlights

  • Advising management of North Sea Midstream Partners on the sale of its business by ArcLight Capital Partners to Wren House Infrastructure Management and the syndication of 40% of the KIA’s stake to JPMorgan Asset Management.
  • Advising Lexington Partners on its acquisition from Electra Private Equity of interests in non-control stakes in online photo printing company Photobox and property manager Knight Square.
  • Advised management on the sale of Cognita Topco Limited to Jacobs Holding AG and their incentive arrangements. Cognita is an education provider.
  • Advised management on the sale of Northgate Public Services to NEC Corporation and their incentive arrangements.
  • Advised management on their incentive arrangements following Hellman & Friedman and GIC’s acquisition of All Funds Bank.
Leading individuals

Ian Martin - Macfarlanes LLP

Next Generation Partners

Alex Edmondson - Macfarlanes LLP

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Private equity: transactions ‚Äď mid-tier ‚Äď up to ¬£250m
Private equity: transactions ‚Äď mid-tier ‚Äď up to ¬£250m - ranked: tier 1

Macfarlanes LLP

Macfarlanes LLP has a strong track record acting for management teams of target companies on high-value sales (some of which are worth billions), and also advises on a significant number of sponsor-side mandates. On the latter front, Alexander Green and Christopher Good advised Lexington Partners on its acquisition of interests in Photobox and Knight Square from Electra Private Equity. Meanwhile, in a £2bn transaction that spanned Brazil and Singapore, Ian Martin assisted the management team of Cognita Schools with the sale of Cognita Topco to Jacobs Holding AG. The company operates over 70 private schools, educating in excess of 40,000 children. Alex Edmondson is strongly recommended, as are joint heads of team Stephen Drewitt, Howard Corney and Luke Powell.

Practice head(s):Stephen Drewitt; Howard Corney; Luke Powell

Other key lawyers:Ian Martin; Alex Edmondson; Alexander Green; Christopher Good

Testimonials

'The technical expertise of the lawyers (particularly at the senior end) is a real differentiating feature. The group offers high-quality legal advice and has a tenacious desire to combine legal know-how with the achievement of the client's commercial objectives'.

'The depth and breadth of experience within the wider private equity practice ensures partners have deep market knowledge, and senior team members are prepared to form an opinion and state it (something which is not always the case with other service providers)'.

'Ian Martin is a true trusted adviser. He has market leading private equity experience and is always available and attentive to client needs. He is a brilliant and tough negotiator who really understands what clients care about and where the high-value commercial issues lie. I am always delighted to have Ian in my corner'.

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London: Crime, fraud and licensing

Fraud: civil
Fraud: civil - ranked: tier 2

Macfarlanes LLP

The team at Macfarlanes LLP, which was significantly strengthened in early 2018 by the hire of Neill Blundell from Eversheds Sutherland (International) LLP, advises on a wide range of civil fraud matters, with a particular focus on the private wealth, financial services, and commercial and corporate sectors. Areas of expertise include asset tracing and injunctions, dishonest or unlawful conduct of directors, and pursuit of claims on behalf of the administrators or liquidators of insolvent estates and custodians of funds. Team co-head James Popperwell focuses on cross-border litigation, asset tracing, bribery and corruption, while fellow co-head Iain Mackie specialises in corporate and financial services litigation.

Practice head(s):James Popperwell; Iain MacKie

Other key lawyers:Neill Blundell; Charles Lloyd; Barry Donnelly; Joanna Constantis; Emma Cohen

Testimonials

‘Very strong team led by the super-organised and excellent strategic thinker, James Popperwell’. 

‘Efficient and strong lawyers at all level, right down to the most junior associates, offering small but focused teams to fit the case’.

‘James Popperwell is strategically brilliant, and super-organised running an efficient and highly focused team’. 

‘Iain Mackie is a well-connected partner, with very high profile work’.

‘Neil Blundell is probably one of the most experienced criminal law practitioners around, he has a very loyal client following that has grown over many years’.

‘The firm has great acumen and experience in multi-jurisdictional investigations, particularly in bribery, corruption and fraud’.

‘Neill Blundell is as sharp and focused as they come - and a true pleasure to have on the team’.

‘Macfarlanes offer unrelenting rigour and excellence in every facet of the work they perform’.

‘The team is very effective in cross-jurisdictional matters, targeting strategies that are relevant to the end goal’.

'Joanna Constantis is all over the detail, measured, and drives cases forward with enthusiasm’.

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Fraud: white-collar crime
Fraud: white-collar crime - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP has significantly strengthened its regulatory and white collar practice with the hire of Neill Blundell from Eversheds Sutherland (International) LLP  in 2018 to help set up its corporate crime and investigations team. The firm advises individuals who face international criminal investigations by multiple regulators, including the FCA, SFO and DOJ, and also deals with prosecutions and extradition proceedings. Areas of expertise include Fraud Act offences, bribery, corruption, money laundering, tax offences, insider dealing, market abuse, unexplained wealth orders and cartel offences. Clients include senior executives, members of family offices, entrepreneurs and ultra-high-net-worth individuals.

Practice head(s):Neill Blundell

Other key lawyers:Barry Donnelly; James Popperwell; Lorna Emson

Testimonials

‘While a new team, they have the calibre, expertise, commitment and energy to really go places’.

‘Neil Blundell is practical, efficient, driven and at the top of his game’.

‘Neill Blundell has started this department from a standing start and provides a first class service’.

‘The team is relatively boutique but what it lacks in size it more than makes up for in talent’.

‘Neil Blundell is highly regarded and super-talented’.

Leading individuals

Neill Blundell - Macfarlanes LLP

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London: Dispute resolution

Banking litigation: investment and retail
Banking litigation: investment and retail - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP's 'extremely capable team provides terrific levels of service, expertise and commercial judgement without the eye-watering fees of more recognised firms in this space'. The firm's banking litigation is handled by its financial services and markets dispute resolution group, which advises on disputes and investigations involving banking, finance, and financial services business, including financial crime. Barry Donnelly's financial litigation and arbitration practice encompasses a wide range of international disputes and investigations. Dan Lavender heads the financial services and markets dispute resolution group and is experienced in major multi-jurisdiction litigation, and Matt McCahearty regularly advises on international disputes, investigations, and enforcement matters, including LIBOR, FX and ISDAFIX. Aalia Datoo was promoted to senior counsel in 2019.

Practice head(s):Barry Donnelly; Dan Lavender

Other key lawyers:Matt McCahearty; Aalia Datoo 

Testimonials

'Matt McCahearty is 'a very considered and intelligent person, who not only has the capacity to get to grips with the legal issues but also grasps clients' commercial objectives and realities to steer them down the right path.'

'Barry Donnelly is among the very best financial services litigators in the London market; his breadth of knowledge and depth of experience allow him to give quick, insightful and practical advice.'

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Commercial litigation
Commercial litigation - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP has 'very engaged and committed lawyers, who really get to grips with key issues'. The litigation practice is well known for high-value, high-stakes corporate and commercial disputes and investigations, particularly with a cross-border element.It frequently advises on  disputes  arising from corporate acquisitions, investments and re-organisations, joint ventures and shareholder arrangements. Iain Mackie is head of litigation and dispute resolution, and Lois Horne has particular experience in corporate and shareholder disputes, contract issues, banking litigation and financial crime. Other names to note are Matt McCahearty and Guy Morpuss QC, and senior solicitor Christopher Charlton. Corporate crime and investigations head Neill Blundell was recruited from Eversheds Sutherland (International) LLP, and Simon Day and Elizabeth Doherty were made partners.

Practice head(s):Iain Mackie

Other key lawyers:Lois Horne; Matt McCahearty; Guy Morpuss QC; Christopher Charlton; Neill Blundell; Simon Day; Elizabeth Doherty

Testimonials

'The team has a depth of experience in cross-border matters, along with a network of global contacts and international experience that give it a strong edge when it comes to plotting strategy for multi-jurisdictional litigation'.

'Matt McCahearty is an outstanding strategist for international litigation matters. Calm and practical, he has the patience to learn all of the facts and ferret out the right legal solution for the situation'.

'Guy Morpuss QC provides an excellent service as an in-house firm silk'.

Leading individuals

Iain Mackie - Macfarlanes LLP

Rising stars

Christopher Charlton - Macfarlanes LLP

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Competition litigation
Competition litigation - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP represents clients before multiple judicial and regulatory bodies in the UK and across the EU. The group handles standalone and follow-on damages actions for both claimants and defendants. While the growing team is very active across many industries, particular sectors of interest include financial services, pharmaceuticals, broadcasting, manufacturing, retail, and gambling. Of particular note in the pharmaceutical space, Cameron Firth successfully led a team on securing a victory for Flynn Pharma before the Competition Appeal Tribunal in a case relating to the CMA’s first unfair pricing decision.

Practice head(s):Malcolm Walton

Other key lawyers:Cameron Firth

Key Clients

Flynn Pharma

Actavis UK

Greenergy Fuels

Prysmian Group

Hain Celestial Group/ Hain Daniels

BBC

Vision Express

Freightliner Group

HAL Investments

Royal Bank of Scotland

Associated British Foods

Spectris

Hogg Robinson Group

Oaktree Capital Management

Macquarie Capital

AB SKF

Phonographic Performance Limited

PRS for Music

Visa

Blue Star (ChemChina)

Pitch International

Qatar Airways

Work highlights

  • Advised Flynn Pharma on its appeal against the CMA’s unfair pricing decision, according to which the CMA found Flynn to have charged unfair prices.
  • Defending Prysmian, the world leader in the cable manufacturing, energy solutions, telecom cables and systems industry, against multiple sets of damages claims.
  • Defended AB SKF against a follow-on damages claim brought before the Competition Appeal Tribunal by Peugeot.
  • Represented Qantas Airways in the long-running airfreight litigation before UK courts.
  • Instructed by the Royal Bank of Scotland on a follow-on damages action in relation to alleged manipulation in the foreign exchange markets.

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International arbitration
International arbitration - ranked: tier 7

Macfarlanes LLP

Macfarlanes LLP 'combines strategic know-how with the zeal, diligence and determination needed to manage and present a factually and legally complicated case'. The arbitration practice encompasses several areas, including banking, investment, energy, aviation, transport, construction, engineering and advertising. Iain Mackie heads the litigation and dispute resolution group, which also includes Lois Horne, James Popperwell and Guy Morpuss QC; Geoff Steward left for Stobbs IP.

Practice head(s):Iain Mackie

Other key lawyers:Lois Horne; James Popperwell; Guy Morpuss QC

Testimonials

'It is a very potent force in this area and presents an example of a full-service law firm with a good reputation in the international legal market'.

'Lois Horne is savvy, knowledgeable and fiercely determined'.

'James Popperwell is a reliable partner who always demonstrates his willingness to achieve a decent result'.

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Tax litigation and investigations
Tax litigation and investigations - ranked: tier 2

Macfarlanes LLP

Gideon Sanitt leads the tax disputes team at Macfarlanes LLP, which handles direct and indirect tax disputes for a range of corporates, as well as contentious trusts and private client tax matters and transfer pricing issues. The group also works closely with the financial regulatory team on tax administration matters, cross-border arbitrage trades and advises on the role of financial advisers in marketed tax arrangements. The group includes qualified mediator and tax tribunal judge Ashley Greenbank, VAT expert Chris Mortimer and, in February 2019 added James Drake-Linney from KPMG United Kingdom . Drake-Linney is a barrister who specialises in investigations and tax disputes with HMRC.

Practice head(s):Gideon Sanitt

Other key lawyers:Ben Webster; Chris Mortimer; James Drake-Linney

Testimonials

'Gideon Sanitt is very easy to deal with and a clear expert in the world of tax disputes and investigations. His advice is always clear and pragmatic'

'The team is very competent and has a deep understanding of the issues, strengthened by the continuity and longevity of the key personnel'

'Both Gideon Sanitt and Ben Webster are always available for advice and provide regular detailed updates'

Key Clients

Royal Mail

Work highlights

  • Representing Royal Mail after approximately 300 claimants issued claims against it on the basis that it had been required to issue VAT invoices in respect of services that should have been treated as standard rated for VAT purposes (but were actually treated as exempt)

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London: Finance

Acquisition finance
Acquisition finance - ranked: tier 4

Macfarlanes LLP

Benefiting from an 'excellent understanding of the latest developments in the sector', Macfarlanes LLP provides a 'commercially-minded service' to the firm's impressive roster of mid-market focused private equity sponsors. On the lender side, although it is less active for core commercial and investment banks than many in the ranking, it has been very successful in securing significant market share for many of the leading credit funds, including Hayfin and Ares Capital. Kirstie Hutchinson 'is able to harness the latest market developments to get the best outcome for a client' and is highly conversant with unitranche, super-senior, subordinated, high yield and bridge financing techniques.

Practice head(s):Christopher Lawrence

Other key lawyers:Andrew Perkins; Kirstie Hutchinson; Sarah Ward

Testimonials

'The team is highly responsive and provides insightful advice.'

'Andrew Perkins and Sarah Ward provide solutions-oriented advice.'

'Kirstie Hutchinson is a fantastic partner in a financing negotiation.'

Key Clients

Alchemy Partners

Ares Capital Europe

Caledonia Investments

Cimpress

Exponent Private Equity

GHO Capital

Hayfin Capital Management

JD Wetherspoon plc

Partners Group

Salary Finance

Shawbrook Bank

Spectris plc

Work highlights

  • Advised Searchlight Capital Partners on the English law elements of their $2bn acquisition of Mitel Networks Corporation.
  • Advised GHO Capital on the financing for its acquisition of Alcaliber, which is a leading supplier to the pharmaceutical industry.
  • Advised Epiris Managers on the financing of its acquisition of the UK business of Time, Inc. from American media company Meredith Corporation. This involved leveraged acquisition finance being provided by Ares and by HSBC.
Next Generation Partners

Kirstie Hutchinson  - Macfarlanes LLP

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Bank lending: investment grade debt and syndicated loans
Bank lending: investment grade debt and syndicated loans - ranked: tier 4

Macfarlanes LLP

Allied to Macfarlanes LLP's premier mid-market leveraged finance offering for private equity sponsors, the firm also regularly handles the ongoing financing requirements of numerous listed companies. The 'superb' Kirstie Hutchinson has a strong reputation among some major investment grade corporates, including JD Wetherspoon plc, which she recently advised on a revolving credit facility arranged by a syndicate of banks. The firm's deep relationships with credit funds not only generates work in relation to their direct lending mandates, but also in terms of work for them as borrowers in securing bank-lent facilities to leverage the funds themselves.

Practice head(s):Christopher Lawrence

Other key lawyers:Andrew Perkins; Kirstie Hutchinson; Sarah Ward

Testimonials

'Kirstie Hutchinson has a fantastic work ethic.'

Key Clients

Alchemy Partners

Ares Capital Europe

Caledonia Investments

Cimpress

Exponent Private Equity

GHO Capital

Hayfin Capital Management

JD Wetherspoon plc

Partners Group

Salary Finance

Shawbrook Bank

Spectris plc

Work highlights

  • Advised Cimpress on the issuance of its latest high yield bonds, $400m senior unsecured notes, coupled with amendment to Cimpress’s $1.613bn credit agreement (the refinancing of which the firm also advised on in 2017).
  • Act for Partners Group in connection with master facilities agreements to provide bridge and general funding for a large number of funds making private equity and real estate investments.
  • Advised Spectris plc on the negotiation and inception of its new $800m revolving credit facility agreement provided by a syndicate of ten international banks.
  • Advised JD Wetherspoon on its new £875m revolving credit facility, arranged by a syndicate of banks.
Leading individuals

Kirstie Hutchinson - Macfarlanes LLP

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Corporate restructuring & insolvency
Corporate restructuring & insolvency - ranked: tier 6

Macfarlanes LLP

Led on the insolvency front by the 'technically very strong' head of insolvency, Simon Beale, and for restructuring mandates by the 'very smart' head of the wider restructuring and insolvency group Jat Bains, Macfarlanes LLP provides 'highly commercial advice' to insolvency practitioners, funds, lenders, and corporates. In the asset management space, as well as picking up debtor mandates for distressed portfolio companies of private equity sponsor clients of the firm, the team is also active in distressed M&A for turnaround funds and hedge funds. Bains has niche expertise in relation to professional services insolvencies, and continues to represent Slater and Gordon in ongoing matters related to its restructuring by way of a debt for equity swap. The team was also strengthened on the special situations and distressed M&A front by the arrival in June 2019 of Peter Baldwin from Ropes & Gray LLP.

Practice head(s):Jat Bains; Simon Beale

Other key lawyers:Paul Keddie; Peter Baldwin

Testimonials

'The team is a pleasure to work with and provides direct, forward-thinking and proactive advice.'

'Jat Bains is always well prepared.'

'Simon Beale is technically very strong, easy to deal with, responsive, user friendly, and a real gentleman.'

'Paul Keddie is commercial and knowledgeable.'

Key Clients

Alchemy Special Opportunities

Ares Management

Better Capital

CBPE Capital

FRP Advisory

GAME Digital

Ince & Co

ING

NM Capital

Oak Hill Advisors

OpCapita

Slater and Gordon LLP

Work highlights

  • Advising Slater and Gordon law firm on ongoing matters related to its restructuring by way of a debt for equity swap, which involved ownership being taken by a syndicate of lenders led by Centerbridge in late 2017 but which resulted in follow-on work including the provision of additional finance and a management incentive arrangement.
  • Advised Alchemy Special Opportunities and its subsidiary M2 on the sale of the key assets of the M2 operation to Rovop, and the solvent wind-down of the remainder of the group including the return to investors.
  • Acted for troubled law firm Ince & Co on its merger with Gordon Dadds to become Ince Gordon Dadds.
  • Advised CBPE Capital on the provision of short-term fund level guarantees to support working capital facilities provided to its investee company, sofa.com, and eventually on related aspects of the consensual handover of ownership to a new lender which bought out the incumbent, Lloyds Banking Group.
  • Acted for NM Capital on its acquisition of British Military Fitness, the leading UK outdoor fitness business which operates in parks across the UK.
Leading individuals

Jat Bains - Macfarlanes LLP

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Debt capital markets
Debt capital markets - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP has a small dedicated debt capital markets practice; it focuses on complex transactions for financial institutions, corporates, investors and other market participants. In 2018, the firm advised on high-profile matters including issuances by Venn Partners LLP, which was appointed by the Secretary of State for the Department for Communities and Local Government to operate the £3.5bn Private Rented Sector Housing Guarantee Scheme bond programme. The firm is 'very experienced in the debt fund market' and practice head Richard Fletcher is 'a very capable lawyer, who is very responsive and good to work with'. He frequently advises financial institutions, corporates, fund managers, investors, servicers and trustees on a broad range of financing matters, primarily focusing on debt capital markets, as well as structured finance, securitisation and speciality finance.

Practice head(s):Richard Fletcher

Testimonials

'Richard Fletcher has strong technical knowledge and a thorough understanding of key issues'.

Key Clients

Alchemy Partners LLP

Castle Trust

ITE Group plc

Regional REIT

Venn Partners LLP

Work highlights

  • Advised Venn Partners in respect of its £3.5bn bond programme established by PRS Finance in July 2015.
  • Advised main market-listed commercial property fund Regional REIT on its issuance of £50m of unsecured bonds with a fixed interest rate of 4.5% per annum and maturity date of 2024.
  • Advised Alchemy Partners LLP in respect of the issue by Chianti Bidco of senior secured floating rate notes due 2025 to part fund the acquisition of YLDA and its subsidiaries.

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Derivatives (including commodities)
Derivatives (including commodities) - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP has 'a practice built to service the hedge fund and prime brokerage industry - they know all the market standards, all the innovation and have seen every negotiating position going'. The firm has one of the City's most prominent buy-side practices, due in part to the fact that most of its team has significant in-house experience. Practice head William Sykes advises investment and hedge funds, banks,and  high-net-worth clients on derivatives and structured products. He has experience in trading, custody, brokerage and clearing agreements for both derivative products and physical commodities and advises sell-side and buy-side clients across a range of asset classes. He leads a group of 'technical partners who are execution-focused'. One such partner is Christopher Acton, who is purely focused on the buy-side and acts for hedge funds, managed account platforms and proprietary trading houses, on prime brokerage, derivatives and regulatory matters in Europe.

Practice head(s):Will Sykes

Other key lawyers:Chris Acton; Rob Daniell

Testimonials

" Strong market knowledge, user-friendly, commercial and cost-efficient."

"Chris Acton is a problem-solver. He is not afraid to ask difficult questions of the other side but efficiently gets the job done."

"Will Sykes and his team are excellent at guiding clients through the maze of regulation and commercial considerations. He is able to explain matters in a way that even the most unfamiliar clients can understand."

"Highly responsive, pragmatic and accurate with advice and output. They bring to the table a deep understanding of the market and deep reserves of direct in-house sell-side and buy-side experience. This allows us to target our efforts and progress negotiations fast.They really understand what is important to you - and to your counterparties."

"Will Sykes and Rob Daniell are standout buy-side derivatives and trading documentation advisers, with years of experience on both sides of the fence."

"Mike Harwood-Smith is an up-coming star. He is smart, commercial and responsive."

Key Clients

Epiris Managers LLP

Marshall Wace

Winton

USS

Capula

Argentiere Capital

Sucden Financial

Systematica Investments

Work highlights

  • Advised a $75bn Swiss asset manager on updating its funds’ trading relationships with banks and brokers as a result of structural issues due to Brexit.
  • Advised an Epiris vehicle in relation to the acquisition of the UK magazine division of Time Inc.

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Structured products and securitisation
Structured products and securitisation - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP focuses on innovative and highly complex transactions, frequently involving fund-based structures, as the structured finance team has significant expertise in fund formation. Its work includes covered bonds, CLOs, receivables financings, fund structures and alternative lending platforms, portfolio transactions and liability management, restructurings, synthetic securitisation and other structured products. The 'user-friendly, sensible and responsive' Richard Fletcher leads the practice, which acts for financial institutions, corporates, servicers, fund managers, investors, trustees and other market participants. He handles a variety of ABS transactions, frequently involving investment funds and consumer finance-focused businesses. Goldman Sachs and NatWest Markets are among his key clients.

Practice head(s):Richard Fletcher

Testimonials

"Richard Fletcher held our hands through a complex securitisation of a Spanish factoring business, providing guidance where needed but not being overbearing or interfering. He is sensitive to cost pressures and pleasant to deal with."

"Cost-effective, flexible and thorough. A really good alternative to the Magic Circle."

"Richard Fletcher is easy to work with and commercial."

"Macfarlanes is a solid choice for securitisation transactions. ."

"The firm exceeded our expectations and we would have no hesitation in using it again. Richard Fletcher remained consistently involved in the transaction, was always readily available and we very much enjoy working with the team."

Key Clients

Beechbrook Capital

Goldman Sachs

Insight Investment Management (Global) Limited

NatWest Markets Plc / RBS

USS

Work highlights

  • Acted for Goldman Sachs as lender in respect of a £200m structured note issuance facility (Delta Asset Backed Securitisation2) to support a private securitisation of bridging loans originated by Together Financial Services.
  • Advised Insight on the issuance of a variable funding note by MSP Capital One Limited, part of the MSP Capital group.

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London: Human resources

Employee share schemes
Employee share schemes - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP¬†advises on a range of employee share plans and incentive arrangements, providing expertise in related areas including employment, tax, trust law, corporate governance and remuneration regulation. The firm has experience in design, implementation, roll-out and operation, as well as increasingly acting on financial services remuneration. ‚ÄėStrong practice head‚Äô Robert Collard¬†specialises in employee share schemes and incentives and has ‚Äėa deep knowledge of the law‚Äô. His team includes senior counsel Rasmus Berglund, who arrived from Linklaters LLP¬†in 2018 and focuses on UK and international employee incentives.

Practice head(s):Robert Collard

Other key lawyers:Rasmus Berglund, Saba Palizi

Testimonials

'Ability to deliver complex issues in a simple and direct format'

'Very pragmatic advice from the team and very accessible in being available at short notice'

'Rob Collard brings strong corporate experience to the share schemes practice which makes it truly stand out from its peers'

'Rob Collard is the jewel in the crown in this team'

'Rob Collard has a high level of technical knowledge supported by a pragmatic approach, sensible guidance and very good response times'

Key Clients

J.D. Wetherspoon plc

Revolution Bars plc

XPS plc

Virgin

Stonehage Fleming

Peel Hunt

Epic private equity

Smith & Williamson

Improbable

Exotix

eTender

Hogg Robinson

Genius Sports

IGT plc

Work highlights

  • Advising Stonehage Fleming Family and Partners Limited on incentive issues arising out of the acquisition of a significant minority stake in the client by an investor.
  • Advising Hogg Robinson Group PLC on share plan issues in relation to the recent simultaneous class one disposal by, and takeover of, the client.
  • Advising Genius Sports/Mark Locke and its principal shareholder and CEO in relation to an investment.
  • Advising Hermes Investment Management on the share plan aspects of the acquisition by an investor of a majority interest in the client.
  • Advising International Game Technology plc on directors’ remuneration.
Rising stars

Rasmus Berglund - Macfarlanes LLP

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Employment: employers
Employment: employers - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP has a particular focus on the financial services sector, advising financial institutions, private equity firms and hedge funds on discrimination issues, terminations, disputes, redundancies, restrictive covenants and team moves. Key partners are former practice head Sean Lavin - who 'is always calm in a crisis' - and current practice head Hayley Robinson, both of who advise on the full spectrum of employment partners for premium City clients. Robinson also has expertise in advising LLPs and other partnership structures on matters that affect them.

Practice head(s):Hayley Robinson

Other key lawyers:Seán Lavin

Testimonials

‘Very classy and consistent litigators, who also have a very strong advisory practice, particularly in the field of pensions, share options, and restrictive covenants’.

‘They are unflappable and can tailor their team to the resources available, right up to the most demanding disputes’.

‘Sean Lavin is always calm in a crisis, a very wise head who has done it all before and knows exactly how to get the best out of any situation now’.

‘They have very good knowledge of market practice in the hedge fund industry in the UK’.

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Employment: senior executives
Employment: senior executives - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP has a particular focus on the financial services sector, advising financial institutions, private equity firms and hedge funds on discrimination issues, terminations, disputes, redundancies, restrictive covenants and team moves. Key partners are former practice head Sean Lavin - who 'is always calm in a crisis' - and current practice head Hayley Robinson, both of who advise on the full spectrum of employment partners for premium City clients. Robinson also has expertise in advising LLPs and other partnership structures on matters that affect them.

Practice head(s):Hayley Robinson

Other key lawyers:Seán Lavin

Testimonials

‘Very classy and consistent litigators, who also have a very strong advisory practice, particularly in the field of pensions, share options, and restrictive covenants’.

‘They are unflappable and can tailor their team to the resources available, right up to the most demanding disputes’.

‘Sean Lavin is always calm in a crisis, a very wise head who has done it all before and knows exactly how to get the best out of any situation now’.

‘They have very good knowledge of market practice in the hedge fund industry in the UK’.

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Immigration
Immigration: business - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP has a 'brilliant' business immigration offering, which is instructed by start-ups, SMEs, international corporations and higher education institutions on a range of UK immigration issues. The firm's work includes advising companies, senior executives and their families on inbound and outbound immigration matters, sponsor licence issues and nationality applications. The team has recently assisted a number of companies on issues arising from non-compliance with Tier 2 of the PBS. It is also able to advise on immigration matters relating to corporate transactions and works closely with the firm's employment team to advise on employee-related issues.

Practice head(s):James Perrott

Other key lawyers:Tom Marsom

Testimonials

The firm has an exceptional immigration team.

James Perrott is excellent.

Work highlights

  • Represented an employee who travelled into the UK on an expired EU residence document.
  • Assisted an internet services provider to reinstate its suspended sponsor licence.
  • Assisted a senior employee of an international manufacturing company to extend their immigration status in the UK.
  • Assisted an international financial services business to expedite an application for a CERA.
  • Assisted a technology company to obtain a Tier 2 sponsor licence in order to hire a US national to work in its UK office.

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Pensions (non-contentious)
Pensions (non-contentious) - ranked: tier 4

Macfarlanes LLP

The Macfarlanes LLP pensions team has recently enjoyed a regular flow of de-risking mandates from scheme sponsors including bulk annuity transfers, buy-ins, buy-outs and longevity swap arrangements. Further regular mandates include providing advice to trustees and sponsors on GMP equalisation, establishing defined contribution master trusts, scheme streamlining and harmonization arrangements, Pensions Regulator interventions and funding negotiations. Practice head Camilla Barry also assists the wider firm's top-tier corporate department on the pensions aspects of M&A deals, while Andrew Barton heads the pensions de-risking practice.

Practice head(s):Camilla Barry

Other key lawyers:Andrew Barton; Sheamal Samarasekera

Testimonials

'The team are extremely knowledgeable but very practical at the same time. Very impressive.'

'Sheamal Samarasekera provides excellent, practical support and is always extremely responsive.'

Key Clients

Legal & General

Pernod Ricard S.A.

The Pension SuperFund (PSF Benefits Limited)

Dana Inc

Hogg Robinson plc

OCS

600 Group plc

Lufthansa UK Pension Trustees Limited

SCOR Global Life

Apollo Global Management

ATP (as shareholder of Now: Pensions Limited)

Maybourne Hotels Limited

The Trustees of the United Airlines Inc. UK Pension Plan

Fred Olsen Limited

Groupe Fnac Darty

Work highlights

  • Assisting Lufthansa UK Pension Trustee Limited with re-drafting the trust deed and rules for three Lufthansa group defined benefit pension schemes.
  • Advising Legal & General on its first streamlined longevity insurance arrangement for a smaller defined benefit scheme covering approximately £300m of liabilities.
  • Advising Hogg Robinson on the pensions aspects of its takeover by American Express worth up to £410m, and the simultaneous disposal of Fraedom, its payments technology subsidiary, to the US credit card giant Visa in a deal worth £142m.
  • Advising PSF Benefits Limited in relation to the establishment of a defined benefit consolidator to be known as The Pension SuperFund.
  • Advising 600 Group on a £210m buy-in to buy-out transaction.

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London: Investment fund formation and management

Hedge funds
Hedge funds - ranked: tier 3

Macfarlanes LLP

Sam Brooks is the lead partner on hedge funds matters at Macfarlanes LLP, which generates work from many of the largest European hedge fund managers and investors. Brooks' expertise includes structuring and terms, marketing regulations and documents, investor negotiations and service agreements. Complementing Brooks' core hedge funds expertise, the firm also fields experts in tax, regulation, finance, derivatives and trading.

Practice head(s):Sam Brooks

Next Generation Partners

Sam Brooks - Macfarlanes LLP

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Private funds
Private funds - ranked: tier 3

Macfarlanes LLP

Stephen Robinson leads the investment funds team at Macfarlanes LLP, which dominates the mid-market private funds space. The group works very closely with the firm's expert tax offering, and is most often instructed by fund managers seeking to implement pan-European strategies. The firm advises both LPs and GPs, ensuring it is able to provide well-balanced advice. It covers a range of mandates, with fund instructions spanning the private equity, credit, infrastructure and venture capital asset classes. Alexander Amos and Christopher Good are both highly recommended; Amos is the name to note for alternative fundraisings while Good focuses on private equity and venture capital.

Practice head(s):Stephen Robinson

Other key lawyers:Alex Amos; Christopher Good

Testimonials

'Working with Macfarlanes and its competent and responsive team was a key success factor in executing our highly time-sensitive and complex matters'.

'Macfarlanes is well structured, organised and coordinated; I have not had a single negative experience with the team'.

'Macfarlanes are very much the go-to firm in the City for domestically-focused UK mid-market private funds work; it has a substantial team which is properly focused on this market'.

'The scale of Macfarlanes' practice in the City is comparable to the scale of practice of the major funds firms which are focused on much larger fundraisings.  Macfarlanes focus on the mid market is very much to their advantage.'

'Response times are good, even when the team are clearly busy.  They are commercial and provide practical ,relevant advice based on evolving market conditions'.

'Alex Amos and Chris Good are particularly remarkable in their ability to view the matter at hand with a global commercial perspective'.

'Chris Good stands out as excellent; he is technically very able, always available (he is hands on when required but not excessively so) and has the judgement to make appropriate commercial calls when necessary'.

'Stephen Robinson has been a consistent and reliable partner for nearly 20 years; he is knowledgeable and calm, gives great advice and has that rare ability to give a 360 degree perspective on any legal or LPA issue. We rate him exceptionally highly'.

 

Key Clients

LGPS Central Limited

Mayfair Equity Partners

Dawn Capital

ECI Partners

Apposite Capital

Hayfin Capital Management LLP

Alcentra

Circularity Capital

Tosca

Lyceum Capital (now Horizon Capital)

Novalpina

Aberdeen Standard Investments

Work highlights

  • Advised LGPS Central Limited, one of eight local Government pension scheme pools in England and Wales, on the launch of its inaugural pooled private equity platform.
  • Advised London-based private equity firm Mayfair Equity Partners on the raising of its second fund, Mayfair Equity Partners Fund II LP, which closed at its hard cap of £650m - exceeding its target of £600m.
  • Advised venture capital investor Dawn Capital on the raising of its third fund, Dawn III, which after increasing its hard cap twice, attracted commitments of £165m, making it one of the largest venture capital funds raised in Europe in the last couple of years
  • Advised UK-based private equity firm ECI Partners on the raising of its eleventh buyout fund (ECI 11), its largest to date, which closed after hitting its hard cap of £700m within 80 days of launching.
  • Advised healthcare-focused private equity firm Apposite Capital on the closing of its second fund Apposite Healthcare Fund II and associated vehicles at £144.5m.
Next Generation Partners

Christopher Good - Macfarlanes LLP

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Real estate funds
Real estate funds - ranked: tier 2

Macfarlanes LLP

Well regarded for a 'truly exceptional team culture' in the words of one client, Macfarlanes LLP's real estate equity team works on matters involving a range of different asset classes, including industrial, commercial and residential property. The practice is able to assist in the formation and management of a broad spectrum of funds which cover listed, unlisted, closed-ended, open-ended, onshore and offshore vehicles. Furthermore, the firm's tax department provides regular support and boasts recent experience in property income-focused structures. Practice head Alexander Amos specialises in real estate and credit funds while senior associate Harriet Miller is 'clearly experienced' in her field.

Practice head(s):Alex Amos

Other key lawyers:Harriet Miller

Testimonials

'Each partner has a good understanding of other partners' areas of expertise so the team as a whole can speak well to tax issues even if the tax partner is unavailable'.

'The team is capable of  providing seamless and consistent advice'.

Key Clients

Ergo Real Estate

Legal & General

Apache Capital

Venn Partners

Cale Street

Forum Partners

Queensgate Investment

Work highlights

  • Macfarlanes advised on the creation of new property investment company Ergo Real Estate and the terms of its first joint venture.
  • Assisted Legal & General on the restructuring of L&G’s £2bn Industrial Property Investment Fund as an evergreen fund and a capital raising project to raise an additional £150 million from existing and new investors.
  • Acting for a real estate fund manager to raise a third fund seeking to invest into the pan-European and North American real estate sector.
  • Advised UK-based Apache Capital Partners on the successful establishment of a new joint venture platform with investment from US investor Harrison Street Real Estate Capital, Apache Capital and other significant real estate investors.
  • Advised a major real estate debt and equity manager on raising a $2bn managed account for pan-European real estate equity and debt investments.
Rising stars

Harriet Miller - Macfarlanes LLP

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Retail funds
Retail funds - ranked: tier 1

Macfarlanes LLP

Macfarlanes LLP's practice is led by Lora Froud, whose heavyweight reputation has seen the firm win a number of new clients recently, including Jupiter Asset Management and Carne Global Financial Services. In a notable mandate for the firm, Froud, senior solicitor Alexandra Cochrane and others have been acting for Quilter Investors on the high-profile separation of Old Mutual Global Investors from its parent Old Mutual Wealth. Elsewhere, the firm excels in advising private equity managers on accessing the retail market through open-ended funds.

Practice head(s):Stephen Robinson; Lora Froud (lead partner - retail funds)

Other key lawyers:Alexandra Cochrane

Testimonials

'Macfarlanes' investment management team is still the best in the market for regulated funds.'

'Excellent technical lawyers, who are personable and have the commercial understanding to advise on complex and strategic matters, rather than just following instructions and delivering documents within deadlines'

'Lora Froud is fantastic. She solves problems with a very commercial approach, while not ignoring the regulated nature of the products. Super- responsive and always cheerful'

'The team has its finger on the pulse of market trends and FCA sentiment. It has an excellent relationship with the regulator, which means we can gauge their feelings on matters in the very early stages of product development'

'Alexandra Cochrane is responsive, proactive and diligent'

Key Clients

Quilter Investors (formerly Old Mutual)

Legal & General

Jupiter Asset Management

Dimensional Fund Advisors

Carne Global Financial Services

Merian Global Investors (formerly Old Mutual Global Investors)

Vanguard Asset Management

Link Asset Services (formerly Capita Asset Services)

Work highlights

  • Advises Legal & General Investment Management Limited on numerous legal and regulatory issues affecting its UK authorised fund range. Recent work includes a review of the documentation relating to over 60 funds, rewriting the prospectuses for these funds, rationalising share classes and assisting with a number of applications to the FCA for the whole fund range and specific funds.
  • Advises Jupiter Asset Management on numerous legal and regulatory issues affecting its UK authorised fund range. Recent work includes: a review of the documentation relating to over 40 funds, assisting with specific fund changes, terminations, review of marketing and platform agreements and providing general regulatory advice, including on Brexit. The firm also advised on the change of depositary and administrator of the entire fund range.
  • Advises Dimensional on numerous legal, governance and regulatory aspects of its UK funds.
  • Assisted Vanguard with the renewal of its credit facility with JP Morgan in respect of its UK fund range, including providing a legal opinion on this. Alongside this the firm advised Vanguard on a variety of regulatory matters relating to its UK authorised funds; including the establishment of a UK money market fund.
  • Acted for Link Asset Services on the establishment of a new charities authorised investment fund (CAIF).
Leading individuals

Lora Froud - Macfarlanes LLP

Rising stars

Alexandra Cochrane - Macfarlanes LLP

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London: Private client

Charities and not-for-profit
Charities and not-for-profit - ranked: tier 4

Macfarlanes LLP

The team at Macfarlanes LLP is led by Jonathan Conder and Nicholas Harries who are both partners in the private client team. They have significant experience of advising philanthropic individuals, families and institutional clients, as well as high-profile operational charities, and are active in many charitable sectors from education and healthcare through to sustainable development. The group is well-equipped to handle complex transactional work that requires both charity law advice and expertise in other areas such as commercial, real estate or structuring advice about how to structure the trading and development activities of the charity.

Practice head(s):Jon Conder; Nicholas Harries

Other key lawyers:Clarissa Lyons

Testimonials

'Urbane, resourceful and conscientious. Courtesy, interest in the subject and willingness to work hard. I would mention Nicholas Harries'.

'Clarissa Lyons was an incredible help'.

'Nicholas Harries  is highly competent and Clarissa Lyons is both competent and charming'.

Key Clients

Centre for Access to Football in Europe (CAFE)

Marko Lehtimäki

Papergang Theatre

The Royal Marsden Cancer Charity

Education Endowment Fund

The John Armitage Charitable Trust

Founders Pledge

The DFN Charitable Foundation

Work highlights

  • Advising the Centre for Access to Football in Europe (CAFE) on its governance structure and constitution following a period of significant change.
  • Advised Papergang Theatre on its registration as a charity.
  • In Children’s Investment Fund Foundation (CIFF) (UK) v HM Attorney General [2017] EWHC 1379 (Ch) the team acted for the third founding member in a case that related to what is believed to involve the largest ever proposed grant by a UK charity.

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Contentious trusts and probate
Contentious trusts and probate - ranked: tier 1

Macfarlanes LLP

A considerable amount of work at Macfarlanes LLP runs into monetary values of hundreds of millions or billions. The firm works closely with its private client offering to provide contentious and non-contentious advice. It regularly deals with the largest trusts and estates that hold prominent businesses, other substantial property holdings and large cash and investment portfolios both nationally and internationally. The disputes it acts in not only affect adult individuals but also whole conglomerates and their employees and multiple generations of the same family. Charles Lloyd heads the team that acts for beneficiaries, spouses, trustees, financial institutions as well as entrepreneurs and those with hereditary wealth and their protectors. Jonathan Arr 'goes the extra mile' for clients, while Elizabeth Doherty was recently promoted to the partnership.

Practice head(s):Charles Lloyd

Other key lawyers:Elizabeth Doherty; Charles Gothard; Jonathan Arr

Testimonials

'Gold standard private client litigation team emanating a global reputation from London. Routinely in the biggest cases and sought after by the most discerning client'.

'The team has great strength, depth, deep knowledge and experience. There are very few such teams with the capability to deal with the size and complexity of the often very international, trust structures and disputes the team handles'.

'The team has highly experienced heavyweight litigators and strength in depth throughout the team. The lawyers are highly responsive, they work hard, think hard and deliver results'.

'Charles Lloyd -charming and urbane but with all the steely skills and intellect necessary for a top litigator in this sphere'.

'Charles Lloyd is a particularly sensible and pragmatic problem solver and an excellent litigator'.

'A great pool of talented individuals. Charles Lloyd is a star. He is unflappable and also makes the right call'.

'Jonathan Arr- dynamic young partner who has the confidence and ability to run major cases and get results'.

'Jonathan Arr is very clever and goes the extra mile for his clients'.

'Charles Gothard and Elizabeth Doherty have, on the one hand, the ability to understand the technical but, on the other hand, the ability to see the big picture'.

'Elizabeth Doherty is incredibly intelligent and intuitive to clients' needs and expectations. She is fantastic to work with and no doubt a real star of the future'.

Key Clients

Investec Trust (Guernsey) Limited (ITGL)

Marko Lehtimäki (founding member of CIFF – Children’s Investment Fund Foundation)

Work highlights

  • Acting for Investec Trust (Guernsey) in relation to a number of pieces of litigation arising out of the Tchenguiz family trusts.
Leading individuals

Charles Lloyd - Macfarlanes LLP

Next Generation Partners

Elizabeth Doherty - Macfarlanes LLP

Jonathan Arr - Macfarlanes LLP

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Personal tax, trusts and probate
Personal tax, trusts and probate - ranked: tier 1

Macfarlanes LLP

Macfarlanes LLP is skilled at advising international entrepreneurs, family offices and owner-managed businesses. It routinely advises clients who have no UK connections. Strenghts lie in advising on complex international asset structuring, family governance issues as well as tax planning advice. Piers Barclay heads the team and specialises in succession, tax and estate planning for individuals and their families as well as related advice to trustees and other private client service providers, such as family offices. The team is also skilled at structuring multi-jurisdictional estates by using trusts in civil law and Sharia law countries, and is also adept at advising non-UK trustees on tax and fiduciary matters. Mark Hunter and Richard Giangrande  were promoted to the partnership.

Practice head(s):Piers Barclay

Other key lawyers:Robin Vos; Charles Gothard; Nicholas Harries; Mark Hunter; Edward Reed; Jennifer Smithson; Isobel Morton; Jonathan Conder; Richard Giangrande

Testimonials

'A top-notch team that is extremely knowledgeable and precise led by the excellent Piers Barclay'.

'It is an incredibly experienced and proactive team that provides an exceptional service'.

'Superb across the piste. Top of the league. Terrific to work with. Responsive and excellent quality advice. Numerous partners who are top of their game and a good crop of supporting associates. Really great people to do business with. Piers Barclay. Edward Reed. Nicholas Harries. Jennifer Smithson'.

'Has exceptional technical knowledge and commercial acumen. Its stand out characteristic is the depth of expertise each of the partners holds as well as the depth of talent amongst the broader department'.

'Robin Vos is a leading light on technically challenging tax issues'.

'Promptness, efficiency, and around-the-clock availability of resources. Charles Gothard boasts unrivalled expertise in handling the most complex client situations with utmost diligence'.

'Charles Gothard is excellent'.

'Nicholas Harries is knowledgeable, experienced and proactive'.

'Mark Hunter and Richard Giangrande are brilliant'.

 

Key Clients

Investec Trust (Guernsey)

Work highlights

  • Acting for Investec Trust (Guernsey) in relation to a number of pieces of litigation arising out of the Tchenguiz family trusts.
Leading individuals

Charles Gothard - Macfarlanes LLP

Edward Reed - Macfarlanes LLP

Jonathan Conder - Macfarlanes LLP

Piers Barclay - Macfarlanes LLP

Next Generation Partners

Isobel Morton - Macfarlanes LLP

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London: Real estate

Commercial property: corporate occupiers
Commercial property: corporate occupiers - ranked: tier 2

Macfarlanes LLP

At Macfarlanes LLP, the ‚Äėcommercial property team provides an excellent level of service‚Äô. In the development and investment space it is engaged for joint ventures, real estate fund structuring and inward investment along with the full range of financing and construction matters. On the corporate occupier front, the¬†group handles relocation programmes, premises management and acquisitions, construction and planning issues. The firm is also home to a hotels practice which advises on tax, financing, management and franchising affairs. Standout individuals include Ian Nisse, a specialist on the structuring and financing of real estate projects, and Nick Barnes,¬†whose strengths include debt financing, commercial letting and joint ventures.¬†Dan Marriott¬†is another standout name and is active on the full array of commercial property affairs.

Practice head(s):Anthony Burnett-Scott

Other key lawyers:Tom Pedder

Testimonials

'The team work collaboratively with each other, take a commercial view and delegate work to the right level.'

'Clare Breeze is proactive, very open to feedback and responsive. Tania Barnes is very capable, calm and doesn't let anything slip on a large transaction. Dan Marriott is very responsive and has a good knowledge of our previous deals with him.'

'The Macfarlanes commercial property provide an excellent level of service. The team fully understand commercial objectives and risk appetite, and approach their commissions in such a way as to ensure these are met and managed accordingly.'

'Dominic Cunliffe, Margaret Rhodes and Chris Smith deliver a consistently high level of service and are very proactive. They are very knowledgeable and highly experienced, which, along with their good communication skills, provide a great deal of comfort in often complex and difficult situations.'

'The partners always make themselves available. Dominic Cunliffe is an excellent person to have on your team.'

Key Clients

Nex Group

The Economist

Omnicom

ITN

Willkie Farr

Fulbright & Jaworski

Milltown Partners

Maybourne Hotels Limited

Work highlights

  • Advised financial tech company NEX Group on its new letting of approximately 50% of the London Fruit and Wool Exchange, a new development adjacent to Spitalfields market, London.
  • Advised Milltown partners on its recent office move from King’s Court, Goodge Street to 9 Cavendish Square.

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Commercial property: development
Commercial property: development - ranked: tier 2

Macfarlanes LLP

At Macfarlanes LLP, the ‚Äėcommercial property team provides an excellent level of service‚Äô. In the development and investment space it is engaged for joint ventures, real estate fund structuring and inward investment along with the full range of financing and construction matters. On the corporate occupier front, the¬†group handles relocation programmes, premises management and acquisitions, construction and planning issues. The firm is also home to a hotels practice which advises on tax, financing, management and franchising affairs. Standout individuals include Ian Nisse, a specialist on the structuring and financing of real estate projects, and Nick Barnes,¬†whose strengths include debt financing, commercial letting and joint ventures.¬†Dan Marriott¬†is another standout name and is active on the full array of commercial property affairs.

Practice head(s):Anthony Burnett-Scott

Other key lawyers:Dan Marriott; Nick Barnes; Ian Nisse

Testimonials

'The team work collaboratively with each other, take a commercial view and delegate work to the right level.'

'Clare Breeze is proactive, very open to feedback and responsive. Tania Barnes is very capable, calm and doesn't let anything slip on a large transaction. Dan Marriott is very responsive and has a good knowledge of our previous deals with him.'

'The Macfarlanes commercial property provide an excellent level of service. The team fully understand commercial objectives and risk appetite, and approach their commissions in such a way as to ensure these are met and managed accordingly.'

'Dominic Cunliffe, Margaret Rhodes and Chris Smith deliver a consistently high level of service and are very proactive. They are very knowledgeable and highly experienced, which, along with their good communication skills, provide a great deal of comfort in often complex and difficult situations.'

'The partners always make themselves available. Dominic Cunliffe is an excellent person to have on your team.'

Key Clients

Ecoworld

Kenedy Wilson

Aberdeen Asset Management

Arora International

Berkeley Homes / St William Homes LLP

Brookfield

Canary Wharf Group

CLS Holdings plc

Derwent London

First Base

Friends Life Limited / Aviva

Intu Properties plc

Legal & General

Muse Developments

Realstar Group

Stanhope

Work highlights

  • Acted for the joint venture of Stanhope and Mitsui Fudosan UK in connection with the development of a 2.8 acre site to the north of the British Library’s Grade I Listed building creating an additional 100,000 sq ft of new space for for learning, exhibitions and public use, including a new northern entrance and a headquarters for the Alan Turing Institute, the national centre for data science research.
  • Advising Arora Group on the development of the Crowne Plaza London and Holiday Inn Express London at Heathrow’s Terminal 4.
  • Advising Malaysian developer Ecoworld on its forward funding from Invesco of two build-to-rent sites in London, with a combined development value of over £400m, and providing more than 1,100 new units for private rent.
  • Continuing to advise the Legal & General UK Build to Rent Fund on its acquisition, development and funding of its nationwide build to rent portfolio.
  • Advising Legal & General’s Pension Fund on all of its deals with the Government Property Association’s Hub Programme, which aims to partner with Government departments to unlock savings and find new approaches to the departments’ property requirements.
Leading individuals

Ian Nisse - Macfarlanes LLP

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Commercial property: hotels and leisure
Commercial property: hotels and leisure - ranked: tier 2

Macfarlanes LLP

At Macfarlanes LLP, the ‚Äėcommercial property team provides an excellent level of service‚Äô. In the development and investment space it is engaged for joint ventures, real estate fund structuring and inward investment along with the full range of financing and construction matters. On the corporate occupier front, the¬†group handles relocation programmes, premises management and acquisitions, construction and planning issues. The firm is also home to a hotels practice which advises on tax, financing, management and franchising affairs. Standout individuals include Ian Nisse, a specialist on the structuring and financing of real estate projects, and Nick Barnes,¬†whose strengths include debt financing, commercial letting and joint ventures.¬†Dan Marriott¬†is another standout name and is active on the full array of commercial property affairs.

Practice head(s):Dominic Cunliffe; Simon Perry; Colin Morgan

Testimonials

'The team work collaboratively with each other, take a commercial view and delegate work to the right level.'

'Clare Breeze is proactive, very open to feedback and responsive. Tania Barnes is very capable, calm and doesn't let anything slip on a large transaction. Dan Marriott is very responsive and has a good knowledge of our previous deals with him.'

'The Macfarlanes commercial property provide an excellent level of service. The team fully understand commercial objectives and risk appetite, and approach their commissions in such a way as to ensure these are met and managed accordingly.'

'Dominic Cunliffe, Margaret Rhodes and Chris Smith deliver a consistently high level of service and are very proactive. They are very knowledgeable and highly experienced, which, along with their good communication skills, provide a great deal of comfort in often complex and difficult situations.'

'The partners always make themselves available. Dominic Cunliffe is an excellent person to have on your team.'

Key Clients

Covivio

Arora Group

Maybourne Hotel Group

Westmont Hospitality Group

Realstar

Marriott

Hilton

Scandic Hotels Group

Lulu Group International

CDL Hospitality Real Estate Investment Trust

Private client (principal of Grange Hotels)

Virgin Hotels

C1 Capital Partners

Henderson Park

EQ Hotels

L&G (Bishopsgate fund)

Scottish Widows

Owner of InterContinental Park Lane

AIG

LGIM Commercial Lending Limited

LV=

Work highlights

  • Advised Covivio Hotels, the hotel subsidiary of French real estate investment company Covivio on the purchase of a portfolio of 14 four and five-star hotels for £858m from American investment firm Starwood Capital.
  • Advising Arora Group on the development of the Crowne Plaza London and Holiday Inn Express London at Heathrow’s Terminal 4.

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Commercial property: investment
Commercial property: investment - ranked: tier 2

Macfarlanes LLP

At Macfarlanes LLP, the ‚Äėcommercial property team provides an excellent level of service‚Äô. In the development and investment space it is engaged for joint ventures, real estate fund structuring and inward investment along with the full range of financing and construction matters. On the corporate occupier front, the¬†group handles relocation programmes, premises management and acquisitions, construction and planning issues. The firm is also home to a hotels practice which advises on tax, financing, management and franchising affairs. Standout individuals include Ian Nisse, a specialist on the structuring and financing of real estate projects, and Nick Barnes,¬†whose strengths include debt financing, commercial letting and joint ventures.¬†Dan Marriott¬†is another standout name and is active on the full array of commercial property affairs.

Practice head(s):Anthony Burnett-Scott

Other key lawyers:Clare Breeze; Nick Barnes

Testimonials

'The team work collaboratively with each other, take a commercial view and delegate work to the right level.'

'Clare Breeze is proactive, very open to feedback and responsive. Tania Barnes is very capable, calm and doesn't let anything slip on a large transaction. Dan Marriott is very responsive and has a good knowledge of our previous deals with him.'

'The Macfarlanes commercial property provide an excellent level of service. The team fully understand commercial objectives and risk appetite, and approach their commissions in such a way as to ensure these are met and managed accordingly.'

'Dominic Cunliffe, Margaret Rhodes and Chris Smith deliver a consistently high level of service and are very proactive. They are very knowledgeable and highly experienced, which, along with their good communication skills, provide a great deal of comfort in often complex and difficult situations.'

'The partners always make themselves available. Dominic Cunliffe is an excellent person to have on your team.'

Key Clients

Covivio

Kenedy Wilson

Ecoworld

Ergo Real Estate

Legal & General

Realstar

Stanhope

Work highlights

  • Advised Covivio Hotels, the hotel subsidiary of French real estate investment company Covivio on the £858m purchase of a portfolio of 14 four and five-star hotels from US investment firm Starwood Capital.
  • Advised a consortium of Stanhope, Mitsui and AIMCo on the letting of 212,000 sq ft of office space at the landmark Television Centre development at White City, London to French multinational advertising and public relations company Publicis Media.
  • Advised the Realstar Group, in joint venture with Amerimar Enterprises, on the acquisition and completion of a hotel development project forming part of the wider mixed use scheme delivered by St George (part of the Berkeley Group) at One Blackfriars, London.
  • Advised co-owners Stanhope Plc and Benson Elliot Capital Management on the sale of the Station Hill development site in Reading to Lincoln MGT, a joint venture between Lincoln Property Company and MGT Investment Management.
  • Advising Malaysian developer Ecoworld on its forward funding from Invesco of two build-to-rent sites in London, with a combined development value of over £400m, and providing more than 1,100 new units for private rent.
Next Generation Partners

Nick Barnes - Macfarlanes LLP

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Commercial property: retail
Commercial property: retail - ranked: tier 2

Macfarlanes LLP

At Macfarlanes LLP, the ‚Äėcommercial property team provides an excellent level of service‚Äô. In the development and investment space it is engaged for joint ventures, real estate fund structuring and inward investment along with the full range of financing and construction matters. On the corporate occupier front, the¬†group handles relocation programmes, premises management and acquisitions, construction and planning issues. The firm is also home to a hotels practice which advises on tax, financing, management and franchising affairs. Standout individuals include Ian Nisse, a specialist on the structuring and financing of real estate projects, and Nick Barnes,¬†whose strengths include debt financing, commercial letting and joint ventures.¬†Dan Marriott¬†is another standout name and is active on the full array of commercial property affairs.

Practice head(s):Anthony Burnett-Scott

Other key lawyers:Nick Barnes; Dan Marriott

Testimonials

'The team work collaboratively with each other, take a commercial view and delegate work to the right level.'

'Clare Breeze is proactive, very open to feedback and responsive. Tania Barnes is very capable, calm and doesn't let anything slip on a large transaction. Dan Marriott is very responsive and has a good knowledge of our previous deals with him.'

'The Macfarlanes commercial property provide an excellent level of service. The team fully understand commercial objectives and risk appetite, and approach their commissions in such a way as to ensure these are met and managed accordingly.'

'Dominic Cunliffe, Margaret Rhodes and Chris Smith deliver a consistently high level of service and are very proactive. They are very knowledgeable and highly experienced, which, along with their good communication skills, provide a great deal of comfort in often complex and difficult situations.'

'The partners always make themselves available. Dominic Cunliffe is an excellent person to have on your team.'

Key Clients

Intu

Stanhope

Derwent

Supermarket Investment REIT

Canary Wharf Group

Berkeley Homes

Legal & General

Victoria’s Secret

Work highlights

  • Advised co-owners Stanhope Plc and Benson Elliot Capital Management on the sale of the Station Hill development site in Reading to Lincoln MGT, a joint venture between Lincoln Property Company and MGT Investment Management.
  • Advising Muse Developments on the negotiation of a development agreement with Dartford Borough Council and Homes England for its proposed mixed-use regeneration of Dartford’s Westgate area.

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Construction: contentious
Construction: contentious - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP's contentious construction team advises on matters for prestigious clients including governments, banks, housebuilders, developers and investors, and has recently seen a substantial increase in work on PFI disputes. The team, which includes five solicitor-advocates, is led by Douglas Wass, who advises a wide range of clients including contractors and employers on both domestic and international issues. Another significant name in the team is Andy Mather, who was lead partner for Aggregate Industries on its dispute with Amey in relation to the Sheffield Streets Ahead PFI project. Junior partner Mark Lawrence is also recommended.

Practice head(s):Douglas Wass

Other key lawyers:Andy Mather; Mark Lawrence

Key Clients

Exchequer Partnership

Aggregate Industries

Work highlights

  • Advising EP1 and EP2, the project companies for two PFI projects, on separate High Court claims concerning the renovation, operation and maintenance of the HM Treasury Building.
  • Advising Catalyst Healthcare in relation to claims by an NHS Trust for substantial deductions from monthly service payments arising from allegedly defective fire doors at Central Manchester University Hospital.
  • Advising AP14 in defending High Court proceedings brought by Premier Inn Hotels which claimed that the cladding at its hotel at Heathrow Terminal 4 has fire safety related defects.
  • Acting for Aggregate Industries UK in a dispute with Amey concerning substantial claims for additional payment in relation to works carried out by Aggregate Industries on the Sheffield Streets Ahead PFI project.
  • Acting for Grove in a long-running dispute with S&T(UK) Ltd in relation to the construction by S&T of the Premier Inn hotel at Heathrow Terminal 4.
Next Generation Partners

Mark Lawrence - Macfarlanes LLP

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Contruction: non-contentious
Contruction: non-contentious - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP's non-contentious practice had a broad client base including owners, contractors, consultants and institutions. The team is headed up by the 'proactive' Angus Dawson and is known for its work in relation to office developments, mixed-use developments and hotels, resorts and leisure. Another key name within the team is the hugely experienced senior consultant Ann Minogue, who has been acting as lead adviser to Stanhope across its portfolio of development projects, including One Angel Court.

Practice head(s):Angus Dawson

Other key lawyers:Ann Minogue

Testimonials

'The team is competitive, proactive and very experienced across the industry.'

'Good, clear explanations and advice. Great service received from Angus Dawson and Alexander Crockford.'

'Angus Dawson, Radhika Shah and Tom Parsons are proactive and help us solve some difficult contract issues and negotiations.'

Key Clients

Legal and General

Stanhope

Covivio

Ecoworld

CIT

Work highlights

  • Advising Legal & General's flagship Build to Rent fund on the acquisition and development of various sites with a deal value of £40m-£100m.
  • Acting for Stanhope across its portfolio of development projects including One Angel Court and 6-8 Bishopsgate.
  • Advising Ecoworld London, part of Malaysian-listed real estate developer EcoWorld International, on the forward funding of a £400m build-to-rent scheme by Invesco Real Estate.
  • Advising Covivio (formerly, Foncière des Murs) on its debut deal in the UK, the purchase of fourteen four and five-star hotels for £858m from Starwood Capital.
  • Advising CIT on the construction aspects of the redevelopment of a site at Silicon Roundabout to create a 29 storey building.

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Environment
Environment - ranked: tier 4

Macfarlanes LLP

Macfarlanes LLP advises clients from the corporate, real estate, infrastructure and financial services sectors, as well as high-net-worth individuals, on environment-related transactions, regulatory issues and disputes. This involves advice on environmental sustainability, energy auditing compliance and regulatory permitting negotiations relating to industry operations. Practice head Nigel Price also assists with the environmental aspects of transactions in the waste management sector, which involves the assessment of regulatory risks arising from the specific type of industrial site operations.

Practice head(s):Nigel Price

Testimonials

The team is pragmatic and offers practical and swift advice. It is clear that the team understand our business and issues which we must overcome

The firm provides competent advice

Nigel Price is very experienced and calm. He is an expert in environmental law

Nigel works hard to get the deal done the way it needs to be done

Key Clients

Dana

Foncière des Murs

Stanhope

Faccenda Foods

Guernsey Recycling Group

Legal & General

St. William

Parkdean Resorts

Intu

GHO Capital

Spectris

Work highlights

  • Advising Guernsey Recycling Group on the environmental aspects of the purchase of waste management services business BKP Waste & Recycling, which involved a regulatory risk assessment
  • Advising Faccenda Foods on the environmental aspects of the completion of a joint venture with the UK fresh chicken subsidiary of Cargill, including the negotiation of ancillary post-exchange transactions relating to environmental utilities services and regulatory arrangements
  • Advised Stanhope on environmental negotiations regarding various property development sites
  • Advised Foncière des Murs on the environmental aspects of the £858m purchase of four and five-star hotels from Starwood Capital
  • Advised Dana on environmental compliance and due diligence risks regarding the proposed $6.2bn combination with GKN’s driveline business

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Property finance
Property finance - ranked: tier 3

Macfarlanes LLP

Macfarlanes LLP is recognised for its strength on both the lender and borrower sides, advising a diverse range of developers, investors, funds and alternative lenders. The team has particular expertise in development finance, especially involving operating assets, such as in the BTR, student accommodation and hotel sectors, and also advises on investment finance and real estate portfolio transactions. Colin Morgan counts both UK and overseas lenders, borrowers and developers among his clients; Clare Breeze has a particular focus on joint ventures and investment and development finance; and Jat Bains specialises in debt finance transactions.

Practice head(s):Colin Morgan; Clare Breeze

Other key lawyers:Jat Bains

Testimonials

'Macfarlanes demonstrates teamwork between partners and associates. The individuals are all outstandingly hard workers, but also very calm and placid at tense transaction moments.'

'Clare Breeze really understands lenders' requirements for real estate finance, and is very practical and commercially minded.'

'The team is flexible, commercial and practical.'

'Jatinder Bains is always available, client centric and very bright.'

'The team is fabulous: proactive, diligent, detailed and thorough, yet efficient and courteous.  They understood our business very quickly and strongly fought our corner but remained practical and honest.'

'Jatinder Bains is fully engaged, always attentive and thoroughly well organised.'

'The team has in-depth knowledge of commercial matters, and is never flustered or caught out by counter-arguments.'

'Colin Morgan and Jatinder Bains give the impression they have previously experienced every eventuality as they never appear to be caught out in any situation.'

'The team offer a good service. They are a pleasure to deal with and fully engaged throughout the process.'

'There is easy access to the partners in the team, who are responsive and a pleasure to deal with.'

Key Clients

Canary Wharf Group

DBS Bank Limited

Ekistics Property Advisors

Goldman Sachs

ING Bank N.V.

Insight Investments

LaSalle Investment Management

Legal & General Property

Pluto Finance

Realstar Group

Supermarket Income REIT

Venn Partners

Westmont Hospitality Group

Work highlights

  • Advising Pluto Finance on a residential development facility to Sky Building No. 1 Limited to finance the development of New Horizons Court in Brentford.
  • Advising Realstar Group on a development facility for a new PRS tower in London, and on an investment facility from Venn Partners to refinance to BTR properties.
  • Advising Legal & General on the financing of Mustard Wharf, a residential and commercial development in Leeds, with HSBC Bank.
  • Advising a high-net-worth investor on a refinancing facility in respect of two large Sainsbury’s supermarkets in Hinckley and Middlesbrough.
  • Advising Canary Wharf Group on a facility to Heron Quays West (Pavilion) Limited to finance the development of the Quay Club, a new private members club in Canary Wharf.

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Property litigation
Property litigation - ranked: tier 4

Macfarlanes LLP

Rated for its 'good commercial advice', Macfarlanes LLP receives a steady flow of instructions from public companies, institutional and retail investors, developers and private individuals; frequently, these mandates pertain to disputes arising from development agreements, landlord and tenant insolvencies and overage provisions as well as from general landlord and tenant relationships and those between neighbours. The 'reassuring and analytical' Doug Wass heads the practice, which includes the 'highly capable' Mark Lawrence; the latter 'gives clear and concise advice' on all aspects of contentious real estate, specialising in high-value claims, and made partner in May 2019.

Practice head(s):Doug Wass

Other key lawyers:Mark Lawrence; Andy Mather

Testimonials

'They have an outstanding understanding of the construction industry and the difficulties of dealing with any issues that arise.'

'Very good at identifying the issues and applying the law against relevant commercial considerations.'

'Mark Lawrence's sophisticated approach to the legal and factual nuances of a case is very impressive.'

Key Clients

Realstar

Legal & General

Canary Wharf

Ekistics

Grove Developments

St William Homes

Omnicom

The Garrick Club

Genting

Stanhope

Weston Homes

Work highlights

  • Acting for Garrick Club in a trespass and nuisance dispute with the owners and occupiers of a neighbouring building in central London.
  • Acted for Chester Race Company (CRC) in a dispute with Stephenson Developments (Southern) arising from the termination of the development agreement following Stephenson Development's failure to progress the development site.
  • Acting for Omnicom and DDB UK in contentious rent review proceedings with the landlord Network Rail.
  • Defending Industrial Property Investment Fund (IPIF) against a claim brought by a tenant, AMX UK, including breaches of repairing covenant, rent payment and insurance obligations, among others.
  • Advising Canary Wharf on a dispute with Morgan Stanley regarding its proposed intra-group assignment of various leases of large office blocks in Canary Wharf.

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London: Risk advisory

Regulatory investigations and corporate crime
Regulatory investigations and corporate crime - ranked: tier 2

Macfarlanes LLP

Macfarlanes LLP has made a significant push into corporate and white collar crime with the hire of Neill Blundell , who joined as a partner from Eversheds Sutherland (International) LLP and now heads the City firm's team. Blundell has a lot of experience acting for corporates on fraud and financial crime matters. The team, which is able to call upon lawyers in practices such as disputes, is able to advise on a host of matters from bribery, corruption and money laundering allegations, through to claims of insider dealing, market abuse, unexplained wealth orders and cartel offences. Clients include listed companies, private banks, hedge funds, private equity houses, global security and data protection companies, and industrial conglomerates. The firm also advises on investigations by overseas and domestic regulators.

Practice head(s):Neill Blundell

Other key lawyers:Barry Donnelly; James Popperwell; Lorna Emson

Leading individuals

Neill Blundell - Macfarlanes LLP

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Further information on Macfarlanes LLP

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

London

Offices in London

Legal Developments by:
Macfarlanes LLP

  • Finding the ‚Ä®right words

    In the recent case of Newbury v Sun Microsystems [2013], the defendant argued that an offer to settle proceedings was ‚Äėin principle' only and that a binding contract could not be formed until further terms had been agreed and a formal contract had been signed. It supported this argument by referring to a statement, in the offer letter, that the settlement was to be ‚Äėrecorded in a suitably worded agreement'. ‚Ä©
    - Macfarlanes

Legal Developments in the UK

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Court of Justice rules on source of income for Derivative Residence applications

    On 2 October 2019, the Court of Justice delivered its judgment in Bajratari v Secretary of State for the Home Department (Directive 2004/38/EC) Case C-93/18 which concerns Chen applications and the source of funds for self-sufficiency. 
  • End of the ‚Äėcentre of life test‚Äô in Surinder Singh cases?

    In the recent case of¬† ZA (Reg 9. EEA Regs; abuse of rights) Afghanistan ¬† [2019] UKUT 281 (IAC ), the Upper Tribunal found that there is no basis in EU law for the centre of life test, as set out in Regulation 9(3)(a) of the Immigration (European Economic Area) Regulations 2016 (the ‚ÄúRegulations‚ÄĚ). It further found that it is not to be applied when Judges assess ¬†Surinder Singh ¬†cases that appear before them.
  • Terms of employment as a sole representative

    In this article we examine the working arrangements of sole representatives, looking at the terms and conditions of employment that the Home Office will expect a sole representative to have in order to qualify as a representative of an overseas business.  
  • Can Sole Representatives Be Shareholders?

    The Immigration Rules require that an applicant for a¬† sole representative visa ¬†is not ‚Äúa¬† majority shareholder in the overseas business‚ÄĚ.
  • Immigration Skills Charge - A Guide for Employers

    As a Sponsor, you may be required to pay the Immigration Skills Charge (ISC) each time you sponsor a migrant in the  Tier 2 General  or  Intra-Company Transfer (ICT) Long-term Staff  subcategory.
  • 5 FAQS about paragraph 320(11)

    In applications for entry clearance where the applicant has a negative immigration history in the UK, the application may be refused under the general grounds for refusal, which are found in part 9 of the Immigration Rules. Where an applicant has ¬†‚Äėpreviously contrived in a significant way to frustrate the intentions of the Immigration Rules‚Äô,¬† the application could be refused under paragraph 320(11). In this post we look at five frequently asked questions about paragraph 320(11).¬†
  • Multiple nationality and multiple citizenship (including dual nationality and dual citizenship)

    British nationality law permits multiple nationality and multiple citizenship, including dual nationality and dual citizenship.
  • Applying for Indefinite Leave to Remain in the Exceptional Talent or Promise Category

    The  Exceptional Talent  and Exceptional Promise categories are for individuals who are recognised leaders or emerging leaders in their field of expertise. There are a number of endorsing bodies for lots of different fields of work, including  artists and musicians ,  architects ,  digital experts ,  scientists  and  academics . While there isn’t an endorsing body for every expert, the growing list means that many individuals could enjoy the flexibility that this category has to offer. 
  • PARALLEL PROCEEDINGS ‚Äď CIVIL AND CRIMINAL

    Syedur Rahmanconsiders the factors that determine when civil proceedings can go ahead before,or at the same time as, criminal proceedings relating to the same circumstances.
  • Rights of appeal after the Immigration Act 2014

    The Immigration Act 2014 (‚Äúthe 2014 Act‚ÄĚ) reduced the circumstances in which the refusal of an immigration application will give rise to a right of appeal.¬†The¬† explanatory notes ¬†to the 2014 Act state that the Act was intended to restructure rights of appeal to the Immigration Tribunal. Previously, a right of appeal to the Immigration Tribunal existed against any of the 14 different immigration decisions listed in s.82 of the¬† Nationality, Immigration and Asylum Act 2002 ¬†(‚Äúthe 2002 Act‚ÄĚ). As explained below, whether or not the refusal of an immigration application currently generates a right of appeal depends on the subject matter of the application rather than its categorisation.