The Legal 500

Norton Rose Fulbright South Africa Inc

15 ALICE LANE, SANDTON 2196, SOUTH AFRICA
Tel:
Work +27 11 685 8500
Email:
Web:
www.nortonrosefulbright.com

South Africa

Banking and finance
Banking and finance - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc’s illustrious project finance credentials perhaps overshadow the breadth of the firm’s impressive wider banking and finance department. Real estate finance, trade and commodity finance, acquisition and leveraged finance, and asset finance are also key components of the practice. The firm’s international resources also mean it can leverage expert support in areas such as regulatory and Basel III adequacy work. Gregory Nott and Lize Louw joined from Werksmans Attorneys, enhancing a team which advises all the major lenders in South Africa and many key development finance institutions (DFIs). Riza Moosa is ‘a really good lawyer’ and ‘fantastic negotiator’, and Jackie Midlane is similarly highly regarded, especially in project finance. Trade finance specialist Lodewyk Meyer joined Hogan Lovells.

Leading individuals

Riza Moosa - Norton Rose Fulbright South Africa Inc

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Ahead of the curve in South Africa’, Norton Rose Fulbright South Africa Inc provides an ‘excellent’, ‘high-quality’ service underpinned by ‘vast knowledge’, ‘business acumen’ and ‘excellent value for money’. The leanly structured department has made its mark in the telecoms and energy sectors, and is heavily engaged in the secondary market in the renewables sector, including advising on a significant deal for Scatec Solar. The practice lacks the volume of deals by comparison with other top-tier competitors, but it continues to appear in high-value and complex transactions, often in those with a cross-border or pan-African context. Clients include Anglo American, BAE Systems, Exxaro Resources, Telkom and Chevron. The team represented Exxaro in its $472m acquisition of Total Coal South Africa. Kevin Cron is outstanding and Ross Lomax is ‘service-minded’, ‘highly knowledgeable’ and has ‘a keen commercial understanding’. Bradley Scop is recommended for telecoms transactions, as is Georg Kahle for mining deals.

Leading individuals

Kevin Cron - Norton Rose Fulbright South Africa Inc

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Competition
Competition - ranked: tier 2

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc continues to make an impression with its experienced and knowledgeable team, notably in merger notifications and cartel matters. The firm advised Steinhoff International Holdings on its headline merger with Pepkor Holdings, one of the largest ever deals in South Africa. It also represented Siemens and Dresser-Rand in the South African notification of the merger between Siemens Energy, Dynamo Acquisition and Dresser-Rand. Heather Irvine, Mark Griffiths, Rosalind Lake and Marianne Wagener have tremendous reputations.

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Construction
Construction - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Renewable energy projects continue to be a primary driver of Norton Rose Fulbright South Africa Inc’s well-developed construction practice. These projects now extend well beyond South Africa into jurisdictions such as Mozambique, Botswana, Uganda and Malawi. Gas-to-power work is also poised to become a significant driver of the practice. The firm advises a variety of major developers, lenders and contractors, and has a significant depth of expertise in both front-end and back-end work. Contentious expert Tony Chappel, Gary Rademeyer and Daniel Kaufman form a formidable senior team.

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Dispute resolution
Dispute resolution - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc’s substantial department has an insurance heritage, but has developed into a fully rounded dispute resolution practice with strengths in big-ticket banking disputes, mining, construction and renewable energy disputes. The firm remains a market leader in professional indemnity, especially auditors’ liability. It continued to represent Gold Fields and Sibanye Gold in the headline silicosis class action and acted for PricewaterhouseCoopers and its legacy firms in a long-running audit negligence claim. Senior team members include Donald Dinnie, Jeffrey Kron, Michael Hart and Aslam Moosajee.

Leading individuals

Donald Dinnie - Norton Rose Fulbright South Africa Inc

Jeffrey Kron - Norton Rose Fulbright South Africa Inc

Michael Hart - Norton Rose Fulbright South Africa Inc

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Intellectual property
Intellectual property - ranked: tier 3

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc’s emphasis is on pan-African matters, where it can best assist its multinational client base. With its global footprint, the firm has genuine credibility in portfolio management. Likonelo Magagula heads the South Africa team, which includes transactional IP specialist Allison Williams in Durban. The firm recently advised PricewaterhouseCoopers in trade mark rectification proceedings brought by P West Consulting.

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Investment funds
Investment funds - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc lost Gareth Weston to Maitland in 2015, but has impressive senior talent with Lance Roderick in Durban and John Gillmer in Cape Town. The team is best known for hedge funds, but has a burgeoning private equity practice, especially on the LP side. It recently advised South African Government Employees Pension Fund (GEPF) on its investment in South Suez Africa Fund II. Louise Campion is also recommended.

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Labour and employment
Labour and employment - ranked: tier 2

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc’s ‘very pragmatic’ team has robust expertise in contentious and non-contentious matters, where it acts for a tremendous domestic and international client base. Parastatal work remains a feature of the practice, as does collective bargaining, strikes and executive dismissals. Joe Mothibi, Hermann Nieuwoudt, Murray Alexander are outstanding practitioners, as is the ‘professional’, ‘excellent’ Karen Ainslie, whose ‘turnaround times are exceptional’.

Leading individuals

Hermann Nieuwoudt - Norton Rose Fulbright South Africa Inc

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Mining
Mining - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc’s commitment to the mining sector – globally and domestically – has attracted work from key players such as Anglo American, BHP Billiton, Impala Platinum and Exxaro Resources and new client AngloGold Ashanti. The team recently advised Exxaro on its $472m acquisition of Total Coal South Africa. Mining law specialist Michael Dale is ‘a superb lawyer’ and ‘top of the pile’, and experienced mining M&A expert Kevin Cron and litigator Jeffrey Kron are also highly rated.

Leading individuals

Michael Dale - Norton Rose Fulbright South Africa Inc

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Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Norton Rose Fulbright South Africa Inc

Using its ‘variety of relevant experience and legal skills’, Norton Rose Fulbright South Africa Inc has become an ever-present figure in South Africa’s renewable energy programme, and is now transferring its expertise to nascent areas such as the nation’s coal baseload IPP programme and the gas-to-power initiative, as well as work across Africa. Traditionally a lender-oriented practice, it now represents a growing cohort of sponsors such as Zimbabwe Power Company, which it advised on the 600MW Hwange thermal power expansion project and the 300MW Kariba hydropower extension project. Jackie Midlane heads the practice, which also includes infrastructure specialists Muzi Kubeka and Bradley Harber. Changes in the team occurred with the recruitment of energy specialist Gregory Nott and project finance expert Lize Louw from Werksmans Attorneys, but the loss of infrastructure and PPP leader Gavin Noeth to Cliffe Dekker Hofmeyr.

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Shipping and transport
Shipping and transport - ranked: tier 2

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc is a global leader in transport and has developed a multi-skilled practice in South Africa covering shipping and ports, aviation, rail and logistics. Its market-leading expertise in insurance is another key characteristic of the practice in South Africa. Clients include Associated Marine Underwriting Agency, Manica, Motorvia and Regent Insurance. Andrew Robinson heads the team, which also includes master mariner Malcolm Hartwell, aviation expert Heather Manson, and asset finance specialist Steven Gamble. Clients praise the ‘excellent’ team, which is available and provides regular updates.

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Tax
Tax - ranked: tier 3

Norton Rose Fulbright South Africa Inc

Norton Rose Fulbright South Africa Inc mainly acts for financial institutions and regularly advises on tax aspects of mainstream banking products, hybrid debt instruments and preference shares. The team has experienced an uptick in tax disputes and BEE-related tax issues, and continues to be heavily engaged in renewable energy projects. Andrew Wellsted is noted for his disputes expertise and often represents SARS, while Dale Cridlan is active in the banking, insurance and mining sectors.

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South Africa: Real estate

Real estate
Real estate - ranked: tier 2

Norton Rose Fulbright South Africa Inc

Much of Norton Rose Fulbright South Africa Inc’s real estate practice pertains to the renewable energy sector, especially on behalf of lenders. In addition, the firm is active in general commercial and residential development work and corporate leases. Pieter Niehaus heads the practice.

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Further information on Norton Rose Fulbright

Please choose from this list to view details of what we say about Norton Rose Fulbright in other jurisdictions.

United Arab Emirates

Offices in Dubai and Abu Dhabi

Australia

Offices in Melbourne, Sydney, Perth, and Brisbane

Belgium

Offices in Brussels

Bahrain

Offices in Manama

China

Offices in Beijing and Shanghai

Canada

Offices in Montreal, Ottawa, Quebec, Toronto, and Calgary

Colombia

Offices in Bogota

Germany

Offices in Munich, Frankfurt, and Hamburg

France

Offices in Paris

Ghana

Greece

Offices in Athens and Piraeus

Hong Kong

Offices in Hong Kong

Indonesia

Latin America: International firms

India

Italy

Offices in Milan

Japan

Offices in Tokyo

Kazakhstan

Offices in Almaty

London

Offices in London

Myanmar

Morocco

Offices in Casablanca

Netherlands

Offices in Amsterdam

Poland

Offices in Warsaw

Asia Pacific: Regional international arbitration

Russia

Offices in Moscow

South Africa

Offices in Cape Town, Sandton, Durban, and Johannesburg

Singapore

Offices in Singapore

South Korea

Saudi Arabia

Offices in Riyadh

Thailand

Offices in Bangkok

Tunisia

Tanzania

Offices in Dar es Salaam

United States

Offices in Washington DC, San Antonio, New York, Dallas, Austin, Houston, Los Angeles, Minneapolis, Denver, St Louis, and Canonsburg

Venezuela

Offices in Caracas

Legal Developments by:
Norton Rose Fulbright

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 27 April 2016: Greatbatch/INTEGER

    Following completion of the acquisition of the Lake Region Medical groupe by Greatbatch, Inc. and the renaming of Lake Region Medical into INTEGER, Greatbatch contributed in multiple capital increases own shares to Swiss-based P Medical Holding AG/INTEGER (Switzerland) GmbH, which were swapped against shares in the Irish-based Lake Region Medical Holdings Limited. The transaction was completed by a down-stream merger of P Medical Holding AG into its subsidiary INTEGER (Switzerland) GmbH.
  • Liability Management Exercise of International Container Terminal Services, Inc. and affiliates

    SyCipLaw acted as Philippine counsel for the dealers, Citigroup Global Markets Limited and Hong Kong and Shanghai Banking Corporation in a back-to-back tender offer of perpetual securities and issuance of new perpetual securities.
  • New China Customs Taxation Policy on Cross-Border B2C E-Commerce Imports

    The Ministry of Finance, General Administration of Customs and State Administration of Taxation of China jointly issued a circular (“Joint Circular ”) relating to the taxation policy on the cross-border e-commerce retailing imports, with effect as from April 8, 2016.
  • Philippine Competition Commission Issues Transitory Rules for Mergers and Acquisition

    On February 12, 2016, the recently constituted Philippine Competition Commission (“PCC”), which was created under the Philippine Competition Act (Republic Act 10667 or the “PCA”), issued Memorandum Circular No. 16-001, Series of 2016 (the “Transitory Rules”), which provides for the transitory rules and guidelines relating to mergers and acquisitions that were, or are to be, executed or otherwise implemented after the effectivity of the PCA on August 8, 2015 but before the effectivity of its implementing rules and regulations (the “PCA IRR”). Given the special nature of transactions effected through the Philippine Stock Exchange, the Transitory Rules will not cover such transactions and will be covered by a separate issuance by the PCC.
  • Financing for the Mactan Cebu International Airport

    SyCipLaw acted as Philippine counsel to a syndicate of Philippine banks (composed of BDO Unibank, Inc., Bank of the Philippine Islands, Development Bank of the Philippines, Land Bank of the Philippines, Metropolitan Bank & Trust Company and Philippine National Bank) and Asian Development Bank for the financing of the rehabilitation and development of the Mactan Cebu International Airport that was awarded by the DOTC and the MCIAA under the private-public partnership program of the government to the consortium between Megawide Construction Corporation and GMR Infrastructure. The financing is composed of (1) Php20 Billion (approx. US$446,773,200) commitment of the Philippines syndicate banks and (2) US$75 Million commitment of ADB.
  • Philippine Competition Commission Issues Transitory Rules on PSE-related Mergers and Acquisitions

    On February 16, 2016, the recently constituted Philippine Competition Commission (“PCC”), which was created under the Philippine Competition Act (Republic Act 10667 or the “PCA”), issued Memorandum Circular No. 16-002, Series of 2016 (the “PSE Transitory Rules”), which provides for the transitory rules and guidelines relating to mergers and acquisitions that were, or are to be, executed or otherwise implemented through the Philippine Stock Exchange (“PSE”) and after the effectivity of the PCA on August 8, 2015 but before the effectivity of its implementing rules and regulations (the “PCA IRR”).
  • 2016: Insurance regulation in Asia Pacific – Ten things to know about 20 countries

    SyCipLaw contributed the Philippine Chapter of the 2016: Insurance Regulation in Asia Pacific – Ten things to know about 20 countries published by Norton Rose. The 2016 edition of the summary guide provides an overview and practical checklist of ten common regulatory issues for insurance companies. The Philippine chapter was contributed by SyCipLaw partner Hiyasmin H. Lapitan.
  • Predictive Coding Software in the E-Disclosure Process Approved by English Court

    In the recent case of Pyrrho Investments Limited and another v MWB Property Limited and others [2016] EWHC 256 (Ch), the High Court of England and Wales approved the use of predictive coding software in electronic discovery.
  • Enabling the Business of Agriculture 2016

    SyCipLaw Partners Rose Marie M. King-Dominguez and Franco Aristotle G. Larcina, with support from Senior Associate Ruben P. Acebedo II, participated in the World Bank Group’s Enabling the Business of Agriculture 2016: Comparing regulatory good practices. The report examines regulations that impact private enterprise in the agriculture and agribusiness sectors. The report aims to promote smart regulations that ensure safety and quality control, as well as efficient regulatory processes, that support thriving agribusinesses.
  • April 2016: Mövenpick invests in imported wine wholesaler Cheers in China

    Hospitality and food service industry company Mövenpick invests in Chinese wine wholesaler Cheers by acquiring a strategic stake. Cheers has 30 branch offices in the greater Beijing area and currently generates annual revenues of roughly three million Swiss francs. Mövenpick is a Swiss group of companies with global presence. Its core competency lies in the hospitality business, with a focus on gastronomy, hotels, wine and premium branded products.