Morrison Foerster > London, England > Firm Profile

Morrison Foerster
The Scalpel
52 Lime Street
EC3M 7AF
England

TMT (technology, media and telecoms) > IT and telecoms Tier 2

The technology transactions group at Morrison Foerster brings considerable contentious and non-contentious experience across the key areas of digital regulatory, compliance, finance and corporate matters. The practice also offers expertise in IP licensing, fintech, outsourcing, NFTs and digital farming. Alistair Maughan co-heads the European technology and commercial team and advises on service-based outsourcing transactions, commercial licensing and sales contracts. He now works alongside fellow co-head Charlotte Walker-Osborn, who recently joined from EY LawSteven James specialises in IP disputes, while Mercedes Samavi and Sana Ashcroft advise on domestic and cross-border commercial matters, including distribution and supply chain logistics agreements.

Practice head(s):

Alistair Maughan; Charlotte Walker-Osborn

Testimonials

‘Proactive and thorough. Particular strength in distilling complex issues and providing clear, understandable translation of legal arguments into commercial reality.’

‘Mercedes Samavi cuts straight to the nub of the legal issue. Her advice is always well-considered, practical and focused on our objectives.’

‘Alistair Maughan personifies professionalism, commercial awareness and legal rigour. Extremely responsive and goes above and beyond.’

‘Very knowledgeable team, who provide clear, pragmatic advice.’

‘Mercedes Samavi brings everything you look for in an external adviser. She consistently provides high quality advice, is clear on timings and has a calm, collaborative negotiating style.’

‘Alastair Maughan has given clear, pragmatic advice and makes himself available as needed.’

Key clients

Axalta

Bitrise

Blackrock

Cambridge Quantum

Candide

Clearcast

Entrata

Fujitsu

Imerys

Infobip

Loyalty Juggernaut

Novartis

Randstad

SoftBank Group Corp.

SOPHIA Oxford UK Limited

Lyst

TradingHub

UPS

Verisem B.V.

Wirex/Pavel Matveev/Dmitry Lazarichev/Georgy Sokolov

Wirex Limited

Yara

Yoast

Work highlights

  • Advising India-based software provider Loyalty Juggernaut on issues associated with its Cloud/SaaS contracts with a number of key customers, including VivaAerobus, Sabre, WestJet, GalaxyOne, Langham Hotels, Jumeirah International, Deutsche Telekom.
  • Counsel to Infobip in connection with various technology transactions and agreements.
  • Advising Bitrise, a fast-growth mobile app development platform, on all its software licensing agreements relating to the licensing and exploitation of its technology.

Finance > Debt capital markets Tier 4

Morrison Foerster is highly active in the market for US private placements, and clients remark that it is ‘very knowledgeable on the market and a credible firm‘.  The capital markets practice also handles IPOs, Reg S and 144A offerings, MTN and commercial paper programmes, and structured products. Practice head Scott Ashton ‘consistently delivers exceptional service and advice‘. He assisted international sales, marketing and support services group DCC PLC with a $700m private placement transaction. Key partner Brian Bates also played a key role in that transaction. Matthew Dunlap represented Norwegian chemical company Yara International in its $600m debut green bond offering. Of counsel Jacob Mendoza is ‘an expert in his field who fosters an excellent working relationship with clients‘.

Practice head(s):

Scott Ashton

Other key lawyers:

Testimonials

‘Jacob Mendoza – an expert in his field. Very knowledgeable. Also fosters an excellent working relationship with clients.’

‘We have successfully worked with the firm on repeat US private placements over many years and value the team’s insights, technical expertise and overall delivery.’

‘Scott Ashton (Partner) and Amelia Cheng (Associate) worked closely with us throughout our most recent private placement and we valued their insights, technical expertise and overall commitment.’

‘Partner access is good. The way in which the firm collaborates with counsel that acts for us in relation to our banking documents is particularly notable.’

‘I have found our dealings with the firm to be very efficiently handled by Scott Ashton and the team.’

‘Private placement experts; very knowledgeable on the market and credible firm.’

‘Longstanding market experience from Scott Ashton, Brian Bates and Jake Mendoza.’

‘I’ve worked with the same team for several years so appreciate the consistency and the strong relationship we have developed. The partner is very knowledgeable in our sector and the entire team is very responsive. It is a pleasure working with MoFo.’

Key clients

Bidcorp Group

Bon Secours Mercy Health

Bunzl

DCC PLC

Iput PLC

Intertek Group plc

Newlon Housing Trust

Nordic Wind B.V

Samhallsbyggnadsbolaget i Norden AB

Sucafina Holdings

Yara International ASA

Work highlights

  • Advised DCC PLC, a leading international sales, marketing and support services group which operates in 22 countries, on its US$700 million private placement of senior notes, its 10th USPP transaction.
  • Represented Yara (Oslo Stock Exchange: YAR) in connection with its successful debut green bond offering of $600 million 7.378% Green Notes due 2032.
  • Advised Nordic Wind B.V. on its EUR 213 million private placement project refinancing, secured by five wind farms in Finland, Norway and Sweden.

Finance > Derivatives and structured products Tier 4

Morrison Foerster is ‘creative, commercial and solutions-driven‘ and provides ‘in-depth advice on complex issues‘, and displays strength in advising on transatlantic transactional and regulatory matters. Derivatives and commodities partners Polly Ehrman and former senior adviser at the Bank of England  Sam Riley also play key roles in the practice. Clients remark that ‘they have in-depth knowledge of a large variety of derivatives and margin loan structures and their advice combines top-quality legal analysis with market knowledge and commercial understanding‘. Vladimir Maly left for McDermott Will & Emery UK LLP in July 2023.

Other key lawyers:

Testimonials

‘What makes the practice unique is that it is my go-to place for advice on complex issues related to crypto in general, trading issues, multi-jurisdictional regulatory analysis, structuring of liquidity solutions. They are creative, commercial and solutions-driven. The starting point is in-depth advice on complex issues, and any related question or challenge can be solved across the available skills in the team.’

‘Expertise, expertise, expertise!’

‘Amazing team to work with – friendly and very helpful.’

‘A very strong team of experts in any complex transaction in the strategic equity space. They have in-depth knowledge of a large variety of derivatives and margin loan structures and their advice combines top quality legal analysis and drafting with market knowledge and commercial understanding.’

‘Polly Ehrman is an exceptional lawyer who will go all the way to advise and assist their clients in achieving sound and technically excellent results. Transactions are managed timely and efficiently. They are always available to assist and support their clients and very pleasant to work with.’

‘Polly Ehrman is always showing a high level of work ethics and standards, is available at short notice, has a great commercial understanding, and is able to move quickly in providing clear, concise and to the point advice.’

‘Extremely client focused and very user friendly. They understand our business and have great experience and access to specialists – both in other jurisdictions and in very technical areas such as sanctions and US securities.’

Key clients

AXA Investment Managers

Bank of Montreal and BMO Capital Markets

CIBC

ING

Santander

SoftBank Group

Royal Bank of Canada and RBC Capital Markets

Tiberius Asset Management

Work highlights

  • Advising various middle-market banks on derivatives matters relating to financial regulatory reform, including the Dodd-Frank Act.
  • Advising a number of investment banks on derivatives matters relating to financial regulatory reform, including MiFID 2/MiFIR and Basel III.

Risk advisory > Data protection, privacy and cybersecurity Tier 4

With strength in contentious matters and cross-border investigations, Morrison Foerster acts for software providers and international tech companies, handling a broad range of regulatory, cybersecurity, and compliance matters. The ‘excellent, very pragmatic, efficient, and completely client-orientedAnnabel Gillham leads the team, which also includes Gemma Anderson, a commercial litigator with a focus on technology and data privacy disputes. At the associate level, the team is supported by Mercedes Samavi, who has experience advising on B2B and B2C data privacy matters, and Dan Alam , who advises on intersection of employment and data protection law.

Practice head(s):

Annabel Gillham

Other key lawyers:

Testimonials

‘The team has a global and thorough view of data protection, privacy and cybersecurity issues with excellent partners in different offices. The level is high and homogeneous among the different partners we have been working with.’

‘We have mainly worked with Annabel Gillham, she is excellent, very pragmatic, efficient, and completely client-oriented.’

Key clients

Fujitsu

Work highlights

  • Representing Fujitsu Services Limited in relation to an extremely high-profile and significant matter, which concerns the Horizon IT System provided by FSL to the UK Post Office from 1999 to date.

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 4

Best known for dealing with complex cross-border financial crime corruption, bribery and money laundering investigations, Morrison Foerster’s global client base rate the team for its ‘pragmatic and agile mindset’. The team also has an increased offering in the sanctions field, advising corporations and financial institutions with highly sensitive compliance matters relating to UK, EU, and US sanctions. The department is jointly headed by Saqib Alam, who assists companies with regulatory investigations; Hayley Ichilcik, a specialist in AML and tax evasion matters; and Gareth Rees KC, whose areas of expertise include sanctions and fraud. Paul Friedman is an expert on cross-border disputes. Of counsel Chloe Kearns is also noted.

Practice head(s):

Saqib Alam; Hayley Ichilcik; Gareth Rees KC

Other key lawyers:

Paul Friedman; Chloe Kearns; Shawna Pasquale

Testimonials

‘Hayley Ichilcik is a very able lawyer whose commercial practice covers a wide range of areas, and she’s adept at each of them; she’s clever, tough, charming, and a delight to work with. Clients love her, as does her legal team: she provides encouragement, reassurance and adept handling of the most difficult case. First-rate.’

‘Chloe Kearns is absolutely superb! She’s extremely clever; she’s an excellent lawyer, with a particularly deep knowledge of the financial services regulatory sphere; she’s immensely hard-working; she produces outstanding documents; and is utterly delightful to work with. She would be my first choice for a commercial associate on a tough case.’

‘Gareth Rees – with immense regulatory experience, he’s simply statesman-like; and quietly gains the respect of all around him. He has a calm, confident and reassuring manner that only comes through years of experience in fighting at the coal-face. You want him on your team; and you certainly don’t want him on the other side. He’s terrific.’

‘Top lawyers with a pragmatic and agile mindset.’

‘Gareth Rees KC and Hayley Ichilcik provide wise expertise to an impressive book of clients. In particular, Hayley is exceptionally bright, hardworking, encyclopedic recall and tactical nous to go CE great value to her corporate client base. Her previous experience at the SFO provides an added edge.’

‘Highly skilled and experienced in relation to investigations, with experience in corporate responses and how to handle individuals within the corporate response.’

‘Hayley Ichilcik – worked with her across a number of cases. Astute, excellent on the law, dedicated to getting the best result for her client.’

Work highlights

Crime, fraud and licensing > Fraud: civil Tier 5

Morrison Foerster demonstrates a tenacity for multijurisdictional bribery, corruption, financial crime and money-laundering investigations, including those before the FCA and SFO. Gareth Rees KC is distinctly knowledgeable of Modern Slavery Act and human rights-related compliance; he co-leads the team alongside Saqib Alam, qualified to practice in New York, England and Singapore, and Hayley Ichilcik, noted for her knowledge of the technology, financial services and healthcare sectors, among others.

Practice head(s):

Gareth Rees KC; Saqib Alam; Hayley Ichilcik

Other key lawyers:

Paul Friedman

Testimonials

‘Hayley Ichilcik – She’s a very able lawyer whose commercial practice covers a wide range of areas, and she’s adept at each of them; she’s clever, tough, charming and a delight to work with. Clients love her, as does her legal team: she provides encouragement, reassurance and adept handling of the most difficult case. First-rate.’

Gareth Rees (partner) – With immense regulatory experience, he’s simply statesman-like; and quietly gains the respect of all around him. He has a calm, confident and reassuring manner that only comes through years of experience in fighting at the coal-face. You want him on your team; and you certainly don’t want him on the other side. He’s terrific.’

‘A very effective and heavy weight team that can respond at pace to any challenge. Strong on diversity in its team building.’

‘Saqib Alam, highly experienced in large corporate investigations and an effective team leader. Paul Friedman, Head of Europe.’

Work highlights

Dispute resolution > International arbitration Tier 5

Morrison Foerster's London team is particularly rated for its TMT sector experience, but the practice also has strong sector specialisms in energy, construction, infrastructure, aviation, private equity, and real estate. With particular experience in Africa-related matters, Chiraag Shah is 'an extremely safe pair of hands for high-value, high-stakes disputes', while Gemma Anderson acts in international arbitrations across a range of industries. Completing the group are experienced of counsel Richard Jerman, and active associates Shawna Pasquale and Robin Bachmann.

Practice head(s):

Chiraag Shah; Gemma Anderson

Testimonials

‘Handles an impressive and growing portfolio of international arbitration disputes. Eager to grow and impress, and it shows in the quality and prompt turnaround of work.’

‘Chiraag Shah – on-the-ground experience both in Kenya (and other African jurisdictions) and the UK make him an ideal choice for disputes straddling both jurisdictions. Very well networked.’

‘Chiraag Shah leads an outstanding team, providing a first-rate service to his clients.’

‘Chiraag Shah is extremely experienced and, as a result, unflappable. He has seen it all before – an extremely safe pair of hands for high-value, high-stakes disputes.’

‘Chiraag Shah is extremely hardworking, hands on, and willing to get his hands dirty, which is unusual for a partner at a blue-chip firm. That is what makes him stand out.’

‘The MoFo litigation team takes initiatives and works independently, calling the client at the right moment to have its opinion about a strategy or the next steps.’

‘The team is extremely well organised and very detail oriented. Its main quality though is to be innovative and think about smart strategies and arguments during complex disputes.’

‘Associate Robin Bachmann delivers great client service, is highly motivated, and shows an outstanding sense of organisation during complicated litigation.’

Key clients

Fujitsu

Finance > Acquisition finance Tier 5

Spearheaded by the 'hardworking' and 'technically astute' Christopher Kandel, Morrison Foerster's small but versatile London finance offering is well-versed at advising creditors and debtors across a range of financing structures, including a considerable and growing volume of mandates within the leveraged/acquisition finance space. Kandel's ability to advise on both English and US law-governed products is a particularly strong selling point, ensuring a degree of continuity unmatched by many other firms in the ranking. The  'incredibly responsive and highly personable' John Burge is also a key member of the team as a result of his conventional corporate finance expertise, as well as regularly advising on growth company debt finance matters.

Practice head(s):

Christopher Kandel

Other key lawyers:

John Burge; Matthew Dunlap; Rebecca DeLong

Testimonials

‘The team is technically very strong.’

‘The very hardworking Christopher Kandel is technically astute.’

‘John Burge is a delight to work with. He is incredibly responsive and highly personable. He demystifies complex topics and is pragmatic.’

Key clients

Ares Management Limited

Barclays Bank PLC

Bardin Hill

Beach Point Capital

Deutsche Bank AG

Ernst & Young

Eurazeo (formerly known as Idinvest)

Eurohold Bulgaria

Fortress

Morgan Stanley

RS Group PLC (formerly known as Electrocomponents)

Smart Pension Limited

SoftBank Group Corp.

Tate & Lyle

Yara International

Work highlights

  • Represented Yara in connection with its successful $600m debut green bond offering.
  • Acted for SoftBank Group Corp. in a limited recourse margin loan secured by its 75% stake in Arm Limited, initially closed at $8bn and subsequently upsized to $8.5bn.
  • Represented Smart Pension in negotiating and entry into a loan facility agreement provided by Canadian Imperial Bank of Commerce.

Finance > Bank lending: investment grade debt and syndicated loans Tier 5

Under the guidance of vastly experienced UK and US-qualified partner Christopher Kandel, Morrison Foerster is well-positioned to advise lenders and investment grade corporates raising or providing finance to facilitate cross-border transactions. The firm’s flexibility throughout the capital structure is a strong selling point, as is its ability to advise on UK and US-governed debt products, including TLB loans and New York-law governed high yield debt. The ‘exceptional’ John Burge regularly advises on event-driven financings and general corporate lending matters, and is also the main contact handling growth company debt finance matters from London.

Practice head(s):

Christopher Kandel

Other key lawyers:

John Burge; Matthew Dunlap; Rebecca DeLong

Testimonials

‘John Burge is exceptional in every way.’

 

Key clients

Ares Management Limited

Barclays Bank PLC

Bardin Hill

Beach Point Capital

Deutsche Bank AG

Ernst & Young

Eurazeo (formerly known as Idinvest)

Eurohold Bulgaria

Fortress

Morgan Stanley

RS Group PLC (formerly known as Electrocomponents)

Smart Pension Limited

SoftBank Group Corp.

Tate & Lyle

Yara International

Work highlights

  • Represented Yara in connection with its successful debut green bond offering of $600m Green Notes.
  • Acted for SoftBank Group Corp. in a limited recourse margin loan secured by its 75.01% stake in Arm Limited, initially closed at $8bn and subsequently upsized to $8.5bn.
  • Represented Smart Pension in negotiating and entry into a loan facility agreement provided by Canadian Imperial Bank of Commerce.

Corporate and commercial > Corporate tax Tier 6

Morrison Foerster's tax practice works closely with the firm's M&A, private equity, and venture capital groups to provide key support. The department is jointly led by highly experienced partner Trevor James, who has a particular focus on the technology sector, and M&A and private equity specialist Sophie Allen. Associate Kirsten Banks is a key contact.

Practice head(s):

Trevor James; Sophie Allen

Other key lawyers:

Testimonials

‘The team provides commercial and pragmatic advice.’

Key clients

Cambridge Quantum

eBay

Endurance Acquisition Corp.

SoftBank

Tate & Lyle PLC

SoundCloud

Work highlights

  • Advised Cambridge Quantum on the tax aspects of its combination with Honeywell Quantum Solutions, to form quantum computing hardware and software provider Quantinuum.
  • Advised eBay, one of the world’s largest e-commerce marketplaces, on the tax aspects of its acquisition of KnownOrigin, a leading non-fungible token (NFT) marketplace founded in 2018 in Manchester, UK.
  • Advised Endurance Acquisition Corp., a NASDAQ-listed special purpose acquisition company formed by an affiliate of Antarctica Capital, on the tax aspects of its merger with SatixFy Communications Ltd.

Corporate and commercial > M&A: Upper Mid-Market And Premium Deals, £750m+ Tier 6

Hugely experienced and well-equipped in high value and cross-border technology M&A transactions, Morrison Foerster’s corporate team offers ‘hands on engagement, incisive advice and is commercial.’ Recent work has included mandates in the food and agricultural industries for clients including Tate & Lyle. London managing partner Andrew Boyd is a key lawyer in this team, regularly handling M&A, carve outs and minority equity investments, domestically and internationally. Offering deep expertise in the technology space, particularly in semiconductor and quantum computing industries is Gary Brown. Simon Arlington is active across all aspects of M&A and private equity, while Stuart Alford regularly advises European, Asian and US-based clients in general corporate advisory, investments and private equity. Partner Amit Kataria has joined King & Spalding LLP, while Dan Coppel joined Faegre Drinker Biddle & Reath in September 2023.

Testimonials

‘The team offers hands on engagement, incisive advice, and is commercial. We worked with Gary Brown.’

‘They understand our business on a global scale and work hard to ensure staffing is appropriate. They are always available and very commercial.’

‘Gary Brown is extremely hard working and commercial.’

‘We have worked with MoFo on some of our most challenging cross border matters. MoFo, in particular Gary Brown, Andrew Boyd and Simon Arlington, grasp and have a near all-encompassing recall of even minor details, the team sees the big picture and knows how to use those details to the best effect in pursuing our goals. MoFo fully understand our business and are committed to realising the best result for our organisation – that’s why we trust their advice.’

Key clients

SoftBank Group Corp.

SoftBank Vision Fund 2

Arm Limited

Tate & Lyle PLC

Axalta Coating Systems

Genius Sports Group Limited

Yoast BV

Cambridge Quantum (a subsidiary of Honeywell Group)

Imerys SA

Omya International AG

LIVEKINDLY Collective

Verdane

Castlelake

VNK Capital

Virgo Investment Group

CellPoint Digital

Ally Bridge Group

FLYR, Inc.

eBay

Visa

Work highlights

  • Represented SoftBank Group Corp. and SoftBank Vision Fund in the proposed $65 billion sale of UK-headquartered multinational semiconductor and software design company Arm Limited to leading U.S. chip company NVIDIA.
  • Advised eBay in connection with its acquisition of KnownOrigin, a non-fungible token marketplace founded in 2018 in Manchester.
  • Advised SoftBank Group Corp. in connection with the combination of satellite companies Eutelsat and OneWeb, the low Earth orbit satellite communications company jointly owned by the UK Government and Bharti Global.

Corporate and commercial > Venture capital Tier 6

Acting on its own as well as forming an integral part of the firm’s global emerging companies and venture capital practice, which can draw from the firm’s US expertise, in particular, Morrison Foerster is adept at advising global investors on late-stage and strategic financings in the technology and life sciences sectors. One of these, is SoftBank, which the firm continues to regularly advise, through its technology-focused venture capital investment vehicle, Soft Bank Vision Fund. Andrew Boyd is one of the primary contacts.  

Other key lawyers:

Testimonials

‘Commercial approach and pragmatic advice.’

Key clients

SoftBank Vision Fund

Ally Bridge Group

Visa

eBay

Virgo Investment Group

CellPoint Digital

Emerson Collective LLC

Creative Ventures

Base10 Partners LLC

Work highlights

  • Advised SoftBank Vision Fund II as lead investor in a $190m Series C financing round of UK fintech platform PrimaryBid.
  • Advised SoftBank Vision Fund II in its investment in Ripples Capital Limited, the BVI holding company of Dubai-headquartered `ghost kitchen’ provider Kitopi.
  • Represented Ally Bridge Group in connection with the $600m Series D financing of CMR Surgical Limited, a global surgical robotic systems developer.

Dispute resolution > Commercial litigation: premium Tier 6

Morrison Foerster‘s team has the ‘capability to deliver on high-value and complex litigation’, representing multinational public companies in disputes across the high court and court of appeal, with particular expertise in tech and finance related litigation. Jonathan Wheeler – ‘a litigator at the top of his game’ – leads the team, with a focus on complex cross-border disputes. The team was boosted by the arrival of Holly Bambury from Herbert Smith Freehills LLP in mid-2022, as well as the arrival of Ben Summerfield from Reed Smith LLP in October 2023.

Practice head(s):

Jonathan Wheeler

Other key lawyers:

Chiraag Shah; Gemma Anderson; Richard Jerman; Holly Bambury; Laura Steen; Ben Summerfield

Testimonials

‘A relatively small team in London, but one of high quality and with the capability to deliver on high-value and complex litigation.’

‘The MoFo team is stocked with highly intelligent lawyers, who are also thoroughly decent human beings, which is a blessing when the workload is high and the tension mounts. Standouts include Richard Jerman and Laura Steen – super intelligent and refreshingly practical/commercial. Jonathan Wheeler is a litigator at the top of his game, focused, available, and respected by clients and counsel alike.’

‘Strong, focused team with good client management skills.’

‘Gemma Anderson is a stand-out partner.’

‘MoFo can build a bespoke and effective team to meet the challenges of any dispute, whatever its scale.’

‘Ben Summerfield shows strong leadership, attention to detail and a willingness to immerse himself in the detail of his matters.’

‘Ben Summerfield combines being extremely, unusually knowledgeable about the law with great judgment.’

‘Ben Summerfield is a top-quality operator embodying the qualities of legal expertise and commercial awareness.’

Key clients

Louwman Group

Fujitsu

TP ICAP

Work highlights

  • Representing Fujitsu Services Limited in relation to an extremely high-profile and significant matter, which concerns the Horizon IT System provided by FSL to the UK Post Office from 1999 to date.
  • Defending one of the Louwman Group’s holding companies against an English High Court claim brought by MRL alleging unlawful means of conspiracy and breach of contract.

Employment > Employers Tier 7

US firm Morrison Foerster's London team is recommended for advice on the employment law aspects of M&A deals, often with a cross-jurisdictional angle, and restructuring projects. Practice head Annabel Gillham is an expert on employee related data protection issues, as well as providing a breadth of non-contentious employment advice. Of counsel Oliver Spratt and associate Lara King are further names to note.

Practice head(s):

Annabel Gillham

Other key lawyers:

Testimonials

‘Extremely responsive, commercial, pragmatic and thoughtful advice.’

‘Oliver Spratt is exceptional: he quickly became a trusted adviser.’

‘They are very strong in projects for tech companies and on other matters with a cross border employment aspect.’

‘Annabel Gilham is the key name and contact.’

Key clients

SoftBank

SoftBank Vision Fund II

CellPoint Digital

Infobip

GLP Pte. Ltd.

eBay

Work highlights

  • Advised eBay in connection with the employment law aspects of its acquisition of KnownOrigin.
  • Advised Endurance Acquisition Corp on the employment law aspects of its merger with SatixFy Communications Ltd.
  • Advising the administrators of Concert Live Ltd on the employment aspects of its restructuring.

TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design Tier 7

Routinely acting for clients in the creative industries, Morrison Foerster fields a strong practice handling new technologies and advising on brand protection and strategy matters, licensing issues and payment systems work. Steven James leads the practice, with a litany of experience in managing both contentious and non-contentious matters, while Alistair Maughan is well-versed in commercial contracts and technology-based projects. Ruth Arkley is praised as ‘incredibly knowledgeable and provides excellent, high-quality advice’.

Practice head(s):

Steven James

Other key lawyers:

Alistair Maughan; Ruth Arkley; Hattie Chessher

Testimonials

‘Ruth Arkley is incredibly knowledgeable and provides excellent, high-quality advice in an easy-to-understand, commercial manner. She is friendly and approachable, and no request is too much trouble.’

‘The team are very knowledgable and are able to provide genuinely useful advice in a responsive manner.’

‘Steven James is efficient, effective and is an excellent, timely communicator.’

‘The team, especially Steven James and Hattie Chessher, provide clear, concise and practical advice.’

Key clients

The Alpargatas Group (owner of the Havaianas flip-flop brand)

Alvarium

Betty Buzz

Bitrise

Bulldog Gear

Clearcast

Crombie

Flowerbx

Lyst

Twitch Interactive Inc

Wirex/Pavel Matveev/Dmitry Lazarichev/Georgy Sokolov

Wirex Limited

Lyre’s

Work highlights

  • Acting for the founders of Wirex Limited, a digital payments platform specialising in cryptocurrency, in relation to a claim filed against them in the High Court.
  • Advising Bitrise, a fast-growth mobile app development platform, on all its software licensing agreements relating to the licensing and exploitation of its technology.
  • Acting for Lyre’s in respect of its worldwide trade mark portfolio and overall brand management.

United States > Finance > Financial services regulation Tier 1

Handling both banking and consumer lending issues, Morrison Foerster offers considerable expertise in the financial services and fintech spaces. Within the context of banking regulation, the group excels in a range of compliance issues, covering enforcement matters, affiliate transactions, fund structuring and lending; regulatory advice surrounding lending products, payments processing, and strategic partnerships constitutes a large proportion of the team’s work in relation to consumer finance. Washinton DC-based Jeremy Mandell, who also acts as co-head of the firm’s fintech practice, focuses on payment and consumer credit products relating to emerging technologies, steering the financial services group alongside New York-based Barbara Mendelson, who is often sought by foreign and domestic banks in Volcker Rule, BSA/AML, OFAC and investigation matters. Marc-Alain Galeazzi accompanies the latter in New York, regularly advising clients on corporate governance, compliance and economic sanction issues, with fintech expert Crystal Kaldjob noted in DC. A key development was the arrival of Deborah Connor to the DC office in September 2022, who draws from her previous role as chief of the money laundering and asset recovery section at the US Department of Justice.

Practice head(s):

Jeremy Mandell; Barbara Mendelson

Other key lawyers:

Marc-Alain Galeazzi; Jason Shafer; Deborah Connor; Crystal Kaldjob; Maria Earley; Jeff Silberman; Evan Minsberg

Testimonials

‘Evan Minsberg has great depth and knowledge about the payment and fintech space. He is able to help the client navigate legal uncertainty.’

‘The team at Morrison Foerster works like an extension of the client’s team. They think critically about legal, regulatory, and business challenges and priorities, and work quickly and creatively to solve problems. They exhibit strength across multiple areas: technology, regulation, and business. It is clear the team truly cares about the success of the business and people, and they are willing to put in the time and effort to help it succeed.’

‘Jeff Silberman deserves specific praise. He thinks critically about the business, vision, challenges, and plans, and he works collaboratively to push forward. This level of care is extraordinary and hard to find. Combined with his level of knowledge in the industry, he has been an invaluable asset and team member.’

‘This firm is unique in their handling of start-up clients. Not only do the partners, such as Maria Earley, demonstrate a strong understanding of the limitations of a start-up company.’

‘Maria Earley is far and away one of the best lawyers. Her advice is grounded in the realities and practicalities of managing a start-up business. She helps understand the risks and offers solutions that are reasonable and that do not entail massive capital or time investments that the client may not have or may not want to incur.’

‘They are very practical and professional. They quickly understand products and can advise at a 10,000-foot basis, and then narrow it down.’

‘Jeremy Mandell and his team have a deep knowledge of payments system regulation and are critical in helping clients with complex regulatory questions.’

Key clients

CITIC Group Corporation

Bank of the Orient

China Merchants Capital

Morgan Stanley Private Equity Asia

New Omni Bank

American Bankers Association

Qoosh Technologies

Ocrolus

Bankers Healthcare Group

Percapita Group

Reich & Tang

Work highlights

  • Advised CITIC Group Corporation in connection with the Bank Holding Company Act and its investment into China Huarong Asset Management, pursuant to a $6.6 billion government-orchestrated bailout of China Huarong.
  • Represented Morgan Stanley’s private equity investment arm in the formation and ongoing operations of a PRC-domiciled, RMB-denominated private investment fund focused on investments in China.
  • Advised New Omni Bank on a capital investment by the US Department of the Treasury under the Treasury’s Emergency Capital Investment Program (ECIP), including regulatory aspects of the investment.

United States > Finance > Structured finance: derivatives and structured products

Noted for its cross-border capability, the ‘fully dedicated’ team at Morrison Foerster has demonstrable experience advising on commodities and physical commodities transactions, in addition to handling regulatory matters and enforcement issues. Insolvency risk mitigation is another key area of expertise, in addition to representing fintech start-ups with compliance and trading mandates. Based in New York, David Kaufman acts for financial institutions and end-user clients on structured transactions involving commodity, equity, fixed income and equity derivatives. Kaufman jointly leads the practice alongside Vladimir Maly, who divides his time between the firm’s offices in London and New York, and focuses on equity derivatives in cross-border financings, M&A and other corporate transactions. Of counsel Chrys Carey, who operates from Washington DC, is a key contact for derivatives regulatory and compliance matters.

Practice head(s):

David Kaufman; Vladimir Maly

Other key lawyers:

Testimonials

‘Partners are fully dedicated to serving their clients.’

‘Vladimir Maly did outstanding work on all projects we executed last year. He understands very quickly what the legal implications are, he is able to volunteer structuring improvements, and he makes himself easily reachable. Vladimir is also extremely precise in all matters of derivatives law.’

Key clients

Adara

Arrowgrass Master Fund Limited

AXA Investment Managers

Bank of Montreal and BMO Capital Markets

ING

Ping An Real Estate Capital

Royal Bank of Canada and RBC Capital Markets

Tiberius Asset Management

Work highlights

  • Advised various domestic middle market banks on derivatives matters relating to financial regulatory reform, including the Dodd-Frank Act.
  • Advised various investment banks on derivatives matters relating to financial regulatory reform, including MiFID 2/MiFIR and Basel III.

The firm: With more than 1,000 lawyers in 16 offices, Morrison & Foerster is a leading law firm dedicated to delivering business-oriented results to clients across the United States, Europe, and Asia. Dynamic technology and life science companies, financial institutions, consumer product companies, and other market leaders come to MoFo for knowledge, innovation, and business aptitude. MoFo handles some of the world’s largest cross-border transactions and resolves major disputes across multiple jurisdictions. The London office, established in 1980, is at the heart of the network, offering access to UK and US qualified lawyers who advise on all aspects of mergers and acquisitions, including corporate, finance, securities, taxation and restructuring issues; technology, intellectual property and commercial transactions; capital markets; employment and privacy law; real estate and white collar investigations and regulatory. The firm also offers comprehensive capabilities in litigation and dispute resolution. The firm has a long-standing commitment to pro bono work, diversity and social justice.

Principal areas of work
M&A:
As part of MoFo’s leading global M&A practice, we advise on national and cross-border M&A transactions, including on related financing, due diligence and regulatory issues. The team is an acknowledged market leader in the TMT sector. Lawyers advise on corporate structuring and restructuring, foreign investments and acquisition financing, private equity and venture capital, and start-ups, including on related financing structures.

Tax: Part of a global practice that enjoys a reputation for innovative tax planning and the successful resolution of important tax controversies. The group advises on all areas of tax including mergers and acquisitions, tax efficient domestic and cross-border financing structures, capital markets transactions, planning for IP intensive companies, transfer pricing matters, outsourcing, employee equity participation and executive compensation, and matters relating to VAT, stamp duty and stamp duty reserve tax.

Technology transactions: London lawyers are particularly recognised for their representation of technology providers and technology-enabled enterprises of all types in licensing, strategic partnering, outsourcing, ecommerce and new media, regulatory, contractual and other collaboration matters. MoFo’s outsourcing group is a market-leading practice and its lawyers deliver a full array of capabilities and attributes that are necessary to forge successful and enduring sourcing relationships and operate seamlessly as a team in key geographic areas.

Litigation: MoFo’s litigators represent public- and private-sector clients in complex national and cross-border litigation of all types, including international fraud and asset tracing, international trust litigation and insolvency, regulatory compliance and corporate investigations, as well as alternative dispute resolution procedures. They also advise and represent clients in corporate and capital market lawsuits, in post-M&A disputes and commercial litigation.

Employment: MoFo’s employment lawyers provide comprehensive advice on all areas of UK and international employment law. The team regularly assists clients with the multijurisdictional employment aspects of domestic and international corporate and group change, including mergers and acquisitions, joint ventures and restructurings, as well as managing disputes, employee transfers and contracts.

White-collar and investigations: MoFo’s investigations and white-collar defense team is best known for handling some of the biggest and most complex cross-border financial crime, corruption, bribery, sanctions and money-laundering investigations, high-profile white-collar investigations — including a significant number of high-stakes Financial Conduct Authority (FCA) and Serious Fraud Office (SFO) matters — as well as some of the largest cross-border contentious insolvencies.

Finance: The finance practice in London covers all the bases. From debt capital markets, through private placements and financial services regulatory advice to the more traditional, but constantly changing, senior and secured lending market across all asset types, lawyers have the experience and the expertise. The team’s knowledge and track record makes the firm a first port of call on finance matters for clients, whether financial institutions, institutional investors, funds or corporates.

Capital markets: The team advises investment banks, issuers, investors and other providers of financial services on national and international capital market transactions, initial public offerings and private placement of shares, equity- and debt-linked instruments, bonds and structured products, as well as trading of securities.

Business restructuring and insolvency: The group is at the vanguard of the profession handling financial institutions restructurings, cross-border insolvencies, distressed real estate, insolvencies involving key intellectual property, and hedge fund failures.

Equity derivatives: The team covers a range of derivatives and structured products used primarily in the context of corporate finance, capital markets and M&A activity, including: investments in listed companies via equity derivatives and financing of acquisitions via margin loans; disposals of strategic equity stakes with the use of collars, put and call option strategies, forward sale contracts and physically settled swaps; equity-backed capital markets transactions including convertibles and exchangeable notes; collateral transformation transactions involving swaps, repos and stock lending structures; and convertible bond hedging through warrants and capped call strategies.

High yield: MoFo has experience in cross-border corporate and private equity finance transactions, focusing on complex cross-border transactions, including high yield and crossover debt offerings, acquisition financings and liability management exercises. They advise both issuers and investment banks, primarily representing private equity and corporate issuer clients. High yield completes the third pillar in our London leveraged finance offering, rounding out our banking and restructuring capabilities.

Real estate: Through the economic cycles of the last 20 years, MoFo’s real estate team has gained extensive knowledge of the markets in both the UK and Europe. Acting for a mix of investment banks, private equity funds, institutional investors and advisors on the full spectrum of real estate-linked transactions, gives us visibility on the key developments and trends in the ever-evolving market.  The team has an in-depth understanding of the issues that may confront clients in the real estate market, and the tools to find pragmatic solutions to those issues.

Department Name Email Telephone
Eric T. McCrath
Annabel Gillham
Andrew Boyd

The Legal 500 Future Lawyers Verdict

‘Tech-focused clientele, market-leading practices, amazing offices, great pay and exposure to senior lawyers’ were but some of the reasons trainees applied to MoFo. The ‘genuine friendliness of the firm during the interview process and vacation scheme’, which has also ‘borne out during the training contract’ also enticed recruits. MoFo has amassed five Future Lawyers Winner medals this year, with quality of work and supervisor approachability among the harvest. The US firm also won plaudits thanks to its ‘culture which prioritises diversity and inclusion, as well as pro bono’. MoFo has a ‘great work environment and everyone is friendly and approachable. I feel as comfortable approaching a partner with a query as I would a junior associate’.  Although the hours can be ‘longer than for trainees at non-US firms’, most recruits are of the opinion that ‘access to really interesting and challenging work make up for this’. That's not to say that the late nights are enjoyable; trainees lamented ‘doing document review at weekends’ and, simply, ‘not being able to make any plans on weekdays’. Respondents would also like to see the international secondment opportunities bolstered. Whilst training is generally more on the job at MoFo, trainees appreciated the ‘recent efforts to integrate a mix of departmental and external training’, such as that provided by the ‘MoFo Academy’. Best moments included ‘working closely with a senior partner and counsel on an extradition case’, ‘onboarding my own pro bono client’, and ‘a trip to Dubrovnik to encourage MoFo lawyers across Europe to connect and get to know one another’. For a firm with a ‘global reputation in the tech sector’ where ‘diversity and inclusion are taken really seriously’ and ‘people genuinely appreciate your time and effort’, research MoFo.