The Legal 500

Debevoise & Plimpton LLP

21 AVENUE GEORGE V, 75008 PARIS, FRANCE

What we say about the firm's legal practice in France

Capital markets

Within Capital markets, Debevoise & Plimpton is a third tier firm,

Debevoise & Plimpton LLP’s Raman Bet-Mansour and Pierre Clermontel advise large corporations on equity and equity-linked transactions, but in 2011 the practice was busiest advising on debt offerings in the US, issues of convertible bonds and IPO projects. For example, it represented Pernod Ricard in its $1bn Rule 144A debt offering and €1bn bond issue. Marc Castagnède joined Allen & Overy LLP.

Dispute resolution

Within Commercial litigation ,

Gide Loyrette Nouel A.A.R.P.I.’s team is managed by Gilles Duquet, Michel Pitron, Bruno Quentin and Aurélien Boulanger. It represents corporations, investors and leading banks in top-end financial and commercial cases, including representing Banesto in a dispute with Frahuil’s liquidator. Jean-Marie Burguburu joined Debevoise & Plimpton LLP.

Mergers and acquisitions

Within Mergers and acquisitions, tier 4

Debevoise & Plimpton LLP’s ‘great’, compact team fields well-regarded advisers in Pierre Clermontel, Antoine Kirry and Raman Bet-Mansour. Its cross-border capabilities and French and US expertise make the practice popular with CAC 40 companies including Air France-KLM, Alstom and PPR. It advised Lagardère on transferring to Hearst its foreign activities and subsidiaries pertaining to Elle magazines. Patrick Laporte joined Latham & Watkins.

Private equity

Within Fund formation Other recommended firms

Within Private equity Other recommended firms

Tax

Within Tax, Debevoise & Plimpton is a third tier firm,

Debevoise & Plimpton LLP’s practice head Pierre-Pascal Bruneau and international counsel Eric Bérengier are well regarded for the tax structuring of M&A, capital markets and private equity transactions. The practice also handles patrimonial and litigation matters. It advised Lagardère on the sale of its international magazine business.


Legal Developments by:
Debevoise & Plimpton

  • Anomalies of insurance law

    Although the courts are often at pains to point out that insurance law is merely a subset of general contract law and should be applied without any concession or discrimination simply because the subject matter is insurance, there are, in fact, several aspects that are peculiar to insurance. An understanding of these anomalies will assist in penetrating the sometimes arcane depths of insurance law. They include:
    - Debevoise & Plimpton LLP

Legal Developments in France

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  • CHINA - PERSONAL TAXATION AND SOCIAL SECURITY : CHINESE AND FOREIGN NATIONALS ON AN EQUAL FOOTING

    The People's Republic of China has initiated an overhaul of its social security system, reformed the personal taxation regime and has extended the scope of these laws to foreigners residing in China.
  • MOROCCO TO BECOME THE LEADING FINANCIAL PLACE IN AFRICA

    The Kingdom of Morocco is supporting the ambition of becoming the leading financial place for Africa. In this context, a wave of draft laws is to be passed and implemented within the following months, amongst which, the Law No. 53.08, setting up a new financial authority, and the Law No. 54.08, reforming public offering rules, are of paramount importance to Moroccan and foreign issuers, and financial institutions.
  • ACQUISITIONS IN CHINA : ASSET OR SHARE DEAL?

    The opportunities offered to foreign investors by the Chinese mergers and acquisitions market are increasing every year: in 2010, transactions involving foreign companies came to 60.1 billion euros, an increase of 21.2% compared with 2009. Seen from the West, where markets are declining, all sectors of the Chinese economy seem to be undergoing promising development and the statistics indicate that the Middle Empire will be a lasting springboard for growth.
  • Prime de Partage des Profits

    Le dispositif L’article 1er de la loi de financement rectificative de la Sécurité sociale pour 2011 oblige les sociétés commerciales de 50 salariés et plus, dont les dividendes par part sociale ou par action sont en augmentation par rapport à la moyenne des deux années précédentes, à verser une prime à l’ensemble de leurs salariés
  • BULGARIA MARKET OVERVIEW

    Types of investors The private equity (PE) funds that are active in Bulgaria are not raised or registered in the country. Some Bulgarian PE funds were raised recently, but there are no statistics as to the sources of their funding, their number, the funds that were accumulated, etc.
  • RECENT DEVELOPMENTS REGARDING COMMITMENTS

    THE PROCEDURE IS CLARIFIED, BUT MAY COMMITMENTS APPLY WITHOUT LIMIT?
  • Landmark decision by French Competition Authority in conditioned LPG case

    cartel case closed after discovery that leniency application was largely based on forgeries and rejection of collective dominant position objection.
  • 2012 supplementary budget

    The second supplementary budget published in the Official Gazette September 19, 2011 provides for two key measures that affect the deferral of tax losses and taxation of capital gains realized on the sale of equity securities .
  • Actualité législative fiscale

    Au delà des mesures applicables à l’ensemble des contribuables (telles que la limitation du report des déficits ou la réforme du mode de calcul des plus values sur cessions de participations),le plan de réduction des déficits annoncé le 24 août dernier par le gouvernement comprend des mesures qui intéressent spécifiquement les acteurs du secteur financier.
  • Réforme fiscale

    À la une Parmi les mesures annoncées par le Premier Ministre dans le cadre du plan de réduction des déficits, deux d’entre elles sont susceptibles d’affecter de nombreuses entreprises