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King & Spalding LLP

125 OLD BROAD STREET, LONDON, EC2N 1AR, ENGLAND
Tel:
Work 020 7551 7500
Fax:
Fax 020 7551 7575
Email:
Web:
www.kslaw.com

London: Corporate and commercial

Financial services: contentious
Financial services: contentious - ranked: tier 5

King & Spalding LLP

King & Spalding LLP’s non-contentious financial services practice focuses on market abuse regulation, securitisation and hedge funds, with particular experience within the insurance and asset management sectors. On the contentious side, the firm is known for acting in Senior Managers and Certification Regime and white collar crime related matters. The team was strengthened by the 2018 arrivals of Aaron Stephens, from Bryan Cave Leighton Paisner LLP, who has expertise in representing financial institutions, corporate clients and senior individuals in highly sensitive litigation and investigations; and former Head of Enforcement at the Bank of England / Prudential Regulation Authority, Robert Dedman, who joined from Navigant.

Other key lawyers:Aaron Stephens; Robert Dedman

Testimonials

'Robert Dedman has a calm and sensible approach; thoughtful and knowledgeable'

Key Clients

Polar Capital

Platinum Capital

NFU Mutual

Work highlights

  • Advising a hedge fund client on an internal investigation into trading errors by an individual in the asset management team.
  • Advised a well-known hedge fund manager on inquiries by the Financial Conduct Authority regarding the pattern of trading by individual managers in certain derivative instruments.
  • Advising a short-term credit provider on a high volume of consumer complaints.
  • Advising a client on litigation defence and regulatory dialogue in the context of post-Madoff fraud litigation.
  • Acting for an insurance sector client on an incident of fraud within the business.

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Financial services: non-contentious/regulatory
Financial services: non-contentious/regulatory - ranked: tier 6

King & Spalding LLP

King & Spalding LLP’s non-contentious financial services practice focuses on market abuse regulation, securitisation and hedge funds, with particular experience within the insurance and asset management sectors. On the contentious side, the firm is known for acting in Senior Managers and Certification Regime and white collar crime related matters. The team was strengthened by the 2018 arrivals of Aaron Stephens, from Bryan Cave Leighton Paisner LLP, who has expertise in representing financial institutions, corporate clients and senior individuals in highly sensitive litigation and investigations; and former Head of Enforcement at the Bank of England / Prudential Regulation Authority, Robert Dedman, who joined from Navigant.

Other key lawyers:Aaron Stephens; Robert Dedman

Key Clients

Life Company Consolidation Group

Bank & Clients Plc

NFU Mutual

Investment Association

Majedie Asset Management, Ltd.

Polar Capital

Clarion

Jamestown

Haddington

Oaktree Capital Management

Work highlights

  • Acted for Life Company Consolidation Group (LCCG) in relation to strategic regulatory aspects of its agreement to acquire Generali Worldwide Insurance Company Limited and Generali Link Limited, which will create a €30 billion entity.
  • Led all financial services regulatory advice on Reliance Life Limited’s acquisition of the business of Reliance Mutual Insurance Society Limited.
  • Acted for Life Company Consolidation Group (“LCCG”) on regulatory aspects of its £1.8 billion agreement to acquire the entire business of The Equitable Life Assurance Society (“Equitable Life”), the world’s oldest mutual insurer.
  • Advised a major international investment bank on risk retention requirements under the EU Capital Requirements Regulation and the Alternative Investment Fund Managers Directive in relation to the promotion of securitisations of US business assets to EU investors.
  • Advised two major international investment banks on satisfaction of risk retention requirements under the EU Capital Requirements Regulation and the Alternative Investment Fund Managers Directive in order to enable European investors to participate in three securitisations of US restaurant chain businesses Taco Bell, Wingstop and Jamba Juice.

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M&A: upper mid-market and premium deals, £500m+
M&A: upper mid-market and premium deals, £500m+ - ranked: tier 6

King & Spalding LLP

King & Spalding LLP's corporate practice covers public and private M&A, including joint ventures and private equity-backed transactions. The firm has a strong track record in its traditional sectors, namely energy and natural resources, as well as financial services, and within both the firm acts for international and domestic clients, including Baker Hughes and Sierra Oil & Gas. The practice is led by William Charnley, who has a particular focus on the private equity and financial institutions space, acting on mergers, acquisitions, disposals and providing general corporate advice. The firm recently hired Derek Meilman from Hogan Lovells International LLP, who has a particular emphasis on corporate M&A within the energy and infrastructure and consumer retail sectors.

Practice head(s):William Charnley

Other key lawyers:Marcus Young; Martin Hunt

Key Clients

GlaxoSmithKline

General Electric

Baker Hughes

Simba Sleep

United Parcel Service

Global Switch

Global Payments Inc.

ERM

Sierra Oil & Gas

Transocean Ltd

Life Company Consolidation Group

Promethean Investments LLP

Work highlights

  • Acted for Global Payments on its joint venture with HSBC Mexico, providing payment card processing services in Mexico.
  • Represented Life Company Consolidation Group in relation to its agreement to acquire Generali Worldwide Insurance Company and Generali Link Limited for €400m.
  • Represented Baker Hughes on its agreement to acquire 5% of the shares in ADNOC Drilling for an initial consideration of $550m.
  • Acted for Life Company Consolidation Group on its agreement to acquire the entire business of The Equitable Life Assurance Society, for £1.8bn.
  • Advised Aldersgate Investments on the sale of a 24% stake in Global Switch to an investor consortium led by Strategic IDC Limited, for £2.1bn

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London: Crime, fraud and licensing

Fraud: civil
Fraud: civil - ranked: tier 4

King & Spalding LLP

King & Spalding LLP's London team has a particular focus on handling fraud-related disputes before courts and arbitral tribunals, for both domestic and international clients. Areas of expertise include enforcement claims, freezing orders, multi-jurisdictional disputes, and bribery and corruption. Key client sectors for the US firm's London office include aviation, banking and finance, IT, communications and energy. Sarah Walker and Thomas Sprange QC head the team, while Robert Dedman joined as partner from Navigant Consulting.

Practice head(s):Sarah Walker; Thomas Sprange QC

Other key lawyers:Robert Dedman; Ruth Byrne; Gareth Rees QC; Aaron Stephens

Testimonials

‘Thorough, structured and diligent’.

‘Very diligent and high stamina’.

Key Clients

Motorola

Antracite Investment Limited, Urgula Platinum Limited and Menrela Limited

Aldersgate Investments Ltd

KFH Capital

Attock Oil

Ascom Grup S.A., Anatolie Stati, Gabriel Stati and Terra Raf Trans Traiding Ltd

WesternZagros Resources Ltd

IREO

Bank & Clients

TURN8 Innovation Fund

Work highlights

  • Representing three corporate defendants in two related London High Court proceedings brought by Russian individuals relating to alleged fraud and conspiracy concerning loan notes issued to the claimants.
  • Representing Motorola in the latest chapter in a 15+ year battle to recover almost $3bn in damages owed to Motorola by members of the Uzan family, who once controlled a business empire in Turkey and now live in exile.
  • Representing Steven Kelbrick and Attock Oil International Limited, Mauritius, defending a claim brought in the High Court by Arcadia Petroleum Limited and related entities, an oil trading company relating to allegations of fraud, conspiracy and dishonest assistance.
  • Representing Ascom Grup, Anatolie Stati, Gabriel Stati and Terra Raf Trans Traiding Ltd in London High Court proceedings to enforce a $500m arbitral award against the Republic of Kazakhstan involving underlying claims that arose out of Kazakhstan’s seizure of the Clients’ petroleum operations in 2010.
  • Representing several Mauritian Fund Entities that are respondents to claims brought by London and New York-based hedge funds linked to Sir Christopher Hohn, an internationally renowned activist investor, alleging that an Indian real estate developer, funded by the Mauritian Fund Entities, committed the largest private equity fraud in history.

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London: Dispute resolution

Commercial litigation
Commercial litigation - ranked: tier 4

King & Spalding LLP

King & Spalding LLP's London disputes practice is a key part of the firm's broader global litigation practice.. It has experience handling corporate and commercial disputes before the English courts for domestic and international clients. Sarah Walker's practice encompasses disputes in the financial services, aviation, IT, communications and energy sectors; Egishe Dzhazoyan acts for clients in the banking, financial services, telecoms, mining and energy sectors. The group also boasts four silks in Thomas Sprange QC, John Savage QC, Stuart Isaacs QC and Gareth Rees QC, while Ben Williams is a notable senior associate. Nicholas Cherryman left for Kobre & Kim LLP.

Practice head(s):Sarah Walker; Thomas Sprange QC

Other key lawyers:Egishe Dzhazoyan; John Savage QC; Stuart Isaacs QC; Gareth Rees QC; Ben Williams

Testimonials

'Sarah Walker has an excellent understanding of the offshore world in the context of financial services disputes'.

Key Clients

Attock Oil

Motorola

Libya Africa Investment Portfolio

Antracite Investment

Urgula Platinum

Menrela

Ascom Grup

Aldersgate Investments

Flushing Bank

Work highlights

  • Advised Motorola on a longstanding battle to recover approximately $3bn in damages from members of Turkey's Uzan family.
Next Generation Partners

Glyn Rees - King & Spalding LLP

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International arbitration
International arbitration - ranked: tier 3

King & Spalding LLP

King & Spalding LLP has a large portfolio of complex, high-value arbitrations, with approximately 30 pending arbitrations currently being run out of the firm's London office. The practice acts for many of the world’s largest and best-known corporations and governments, and it boasts three silks in Thomas Sprange QC, Stuart Isaacs QC and John Savage QC, who specialise in international arbitration and conduct their own advocacy. Also highly rated are Ruth Byrne, whose practice is particularly focused on energy, and Egishe Dzhazoyan, who specialises in arbitration matters involving Russia and the CIS. Giorgio Mandelli was hired from Volterra Fietta, while Nicholas Cherryman left for Kobre & Kim LLP.

Practice head(s):Thomas Sprange QC; John Savage QC

Other key lawyers:Stuart Isaacs QC; Ruth Byrne; Egishe Dzhazoyan; Giorgio Mandelli 

Key Clients

Obrascón Huarte Lain

Emirates International Investment Company

Samsung C&T

Reliance Industries

GE-Hitachi Nuclear Energy

Ascom Grup

Government of Turkey

Chevron

Shell

Islamic Development Bank

Betamax

Reliance Industries

Shell Philippines Exploration

Work highlights

  • The team successfully represented oil giant Reliance Industries in a $1.7bn UNCITRAL case, which related to a production sharing contract with the Indian Government.  
Leading individuals

John Savage QC - King & Spalding LLP

Thomas Sprange QC - King & Spalding LLP

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London: Human resources

Employment: employers
Employment: employers - ranked: tier 6

King & Spalding LLP

King & Spalding LLP 's London practice was launched in 2016 with the hire of practice head Jules Quinn from Jones Day, where she also led the City employment team. Quinn, who works in tandem with counsel Kim Roberts, advises on a broad range of employment issues including recruitment, workforce downsizing and Brexit-related employment strategies, as well as internal investigations; she has advised MasterCard on all aspects of employment law for more than 20 years. The practice counts a range of multinational corporates among its clients and has particular experience advising companies in the technology and financial services sectors.

Practice head(s):Jules Quinn

Other key lawyers:Kim Roberts

Key Clients

MasterCard

AEW Europe LLP

Envirogen Group

Cobham plc

Bank of East Asia

Capital & Regional plc

Sojitz Europe plc

SCSK Europe Ltd

Sumi Agro Europe Ltd

Simba Sleep

LCCG

Gett Taxi

Bank and Clients PLC

BearingPoint, Ltd.

Nexant Limited

Pioneer Investment Management Limited

Quintain Limited

Toronto Dominion Securities

Mark Newton- Jones

Work highlights

  • Advising MasterCard UK Management Services on a range of employment matters including contractual terms such post-termination restrictions on entry and exit, senior level termination strategies and drafting and advising on internal handbooks and employment policies.
  • Advised Life Company Consolidation Group on employment law aspects of its £1.8bn acquisition of Equitable Life and transfer of the business to its newly formed subsidiary, Reliance Life.
  • Instructed to assist Gett Taxi with employment matters including recruitment or downsizing reflecting global economic trends, as well as disputes, data protection and TUPE issues.
  • Assisting UK private bank Bank and Clients PLC with employment issues, including the regulatory aspects of its workforce.

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London: Projects, energy and natural resources

Oil and gas
Oil and gas - ranked: tier 3

King & Spalding LLP

From London, King & Spalding LLP advises on major LNG export and import projects around the world, including Anadarko’s Mozambique project. The team also covers a diverse range of M&A, corporate and project development work in the upstream sector, including production sharing contracts and licences, joint operating agreements, and gas transportation and sales agreements. In recent highlights, Martin Hunt and his team advised Sierra Oil & Gas on the first major upstream corporate deal in Mexico since the energy reforms of 2014. Also notable is the team's dispute resolution offering, which has a particular emphasis on commercial and investor-state arbitration within the sector. Nina Howell moved to Bracewell (UK) LLP and Gary Pegg retired from the profession.

Practice head(s):Martin Hunt

Key Clients

Anadarko Petroleum Company

Transocean

Baker Hughes, a GE Company

Nigerian National Petroleum Corporation

Total

Sierra Oil & Gas

German LNG Terminal GmbH (a joint venture between Gasunie, Vopak and Oiltanking)

Sequa Petroleum

SigmaBleyzer Investment Group LLC

Shell and Chevron

Work highlights

  • Advised Baker Hughes, a GE company, on its agreement to acquire 5% of the shares in ADNOC Drilling for an initial consideration of $550m.
  • Represented Sierra Oil & Gas in the execution of an agreement that will result in Sierra's business being integrated with Deutsche Erdoel AG, an international independent exploration and production company headquartered in Germany.
  • Advised Transocean Ltd, one of the world's largest offshore drilling contractors, on its deal to acquire Songa Offshoreat, at a value of $3.4bn.
  • Representing oil majors Shell and Chevron in an ICC arbitration against the Republic of the Philippines.
  • Successfully represented oil giant Reliance in a $1.7bn UNCITRAL case relating to a production-sharing contract with the Indian government.

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London: Risk advisory

Regulatory investigations and corporate crime
Regulatory investigations and corporate crime - ranked: tier 4

King & Spalding LLP

King & Spalding LLP's growing team is adept at handling enforcement investigations, internal investigations,  as well as advising on allegations of tax evasion, fraud, bribery, sanction breaches and compliance matters. Its lawyers often deal with regulators including the FCA, SFO, CFTC and DoJ, advising clients such as retail and investment banks, fund managers, insurers and insurance intermediaries. The firm has been expanding in London in recent times; Robert Dedman joined as a partner from Navigant and Aaron Stephens joined as a partner from Bryan Cave Leighton Paisner LLP. The pair both head the team alongside Gareth Rees QC, who specialises in fraud, and Hayley Ichilcik, who joined as counsel from O'Melveny & Myers LLP.

Practice head(s):Robert Dedman; Aaron Stephens; Rees; Gareth Reece QC

Other key lawyers:Hayley Ichilcik; Joanna Harris

Testimonials

‘Thoughtful and proactive engagement, practical and pragmatic advice’.

‘A brilliant mix of US and UK expertise’.

'Aaron Stephens never fails to impress with his calm advice and obvious expertise. He is a big player and a major catch for the team’.

‘Gareth Rees QC is a great tactician for the big cases’.   

Key Clients

Polar Capital

Platinum Capital

NFU Mutual

Work highlights

  • Advising a large European pharmaceutical company on money laundering and sanctions compliance issues.
  • Acting for a corporate client in an internal investigation into money laundering and tax evasion allegations across a number of on-shore and off-shore jurisdictions.
  • Advising a hedge fund client on an internal investigation into trading errors by an individual in the asset management team.
  • Advised a well-known hedge fund manager on inquiries by the Financial Conduct Authority regarding the pattern of trading by individual managers in certain derivative instruments.
  • Advising a multinational software and technology company regarding UK law enforcement options for dealing with UK-based hacking/cyber crime and potential litigation.  

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Further information on King & Spalding LLP

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

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Offices in Dubai and Abu Dhabi

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Offices in Frankfurt

Algeria

France

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Latin America: International firms

India

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Offices in Tokyo

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Myanmar

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Philippines

Asia Pacific: Regional International Arbitration

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Geneva

Tunisia

United States

Offices in Washington DC, New York, Houston, Atlanta, Austin, Charlotte, San Francisco, Palo Alto, Los Angeles, and Chicago

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