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Proskauer Rose LLP

110 BISHOPSGATE, LONDON, EC2N 4AY, ENGLAND
Tel:
Work 020 7280 2000
Fax:
Fax 020 7280 2001
Email:
Web:
www.proskauer.com

London: Corporate and commercial

Corporate tax
Corporate tax - ranked: tier 6

Proskauer Rose LLP

Proskauer Rose LLP is known for its ability to ‘manage significant transactions to very tight deadlines’ and has seen a considerably broader range of work following a couple years of expansion in the firm’s UK corporate team. Department head Robert Gaut has ‘exceptional knowledge of funds taxation’ and provides tax advice to a number of very significant investment funds and asset managers in relation to fund formations, closings and investments. The firm’s client base is not limited to funds and asset managers; Gaut also advised Crowe Horwath on the acquisition of the entire issued share capital of BaxterBruce and Instratus. Catherine Sear and London-office head Mary Kuusisto, who is an ‘outstanding’ adviser on US tax issues in the private equity sector, are also recommended.

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M&A: upper mid-market and premium deals, £250m+
M&A: upper mid-market and premium deals, £250m+ - ranked: tier 6

Proskauer Rose LLP

Praised for its ‘terrific industry knowledgeProskauer Rose LLP’s practice is headed by Steven Davis, who ‘understands the market very well’. He acted for new client Crowe Horwath on its purchase of BaxterBruce and Instratus. Other clients of the team include Lion Capital and ghd. Eleanor Shanks, who is praised for her ‘professionalism, technical knowledge and ability to understand clients’ needs’, arrived from Dentons in September 2016; an expert in private equity, she ‘always gets the job done, and beyond all expectations’. The ‘pragmatic, knowledgeableAndrew Wingfield and the ‘tireless, personableRob Day (who ‘combines excellent commercial and legal skills’) joined in October 2016 from King & Wood Mallesons.

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London: Finance

Acquisition finance
Acquisition finance - ranked: tier 6

Proskauer Rose LLP

Substantially enhanced following the arrival of the ‘excellent’ Alexander Griffith from DLA Piper in October 2015, and Ben Davis from Reed Smith LLP in August 2016, Proskauer Rose LLP’s three-partner team provides ‘very commercial’ advice to an array of alternative capital providers including Alcentra, Ares Management and BlueBay Asset Management. Faisal Ramzan is also recommended.

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Corporate restructuring and insolvency
Corporate restructuring and insolvency - ranked: tier 7

Proskauer Rose LLP

Led by the ‘tenacious and hardworkingMark Fennessy, Proskauer Rose LLP’s small three-partner team ‘punches above its weight’ and is regularly involved on behalf of key stakeholders in some of the most significant cross-border restructurings in the market. Appreciated by clients for his ‘value-added and thoughtful approach’, Fennessy recently represented the official liquidator of Onix Capital, a $2bn Chile-based fund. The London team also picks up a significant amount of work for Global Loan Agency Services, an independent provider of debt administration services, including advising it in its role as notes trustee and security agent of a $900m high yield bond offering by Codere, the troubled Spanish construction industry player. Clients also benefit from the team’s ability to leverage the firm’s expertise out of its US offices. Associate Sunay Radia provides ‘straightforward and clear advice’ to distressed debt investors on existing and potential investments. Other clients include Contrarian Capital, HSBC and Itau.

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High yield
High yield - ranked: tier 3

Proskauer Rose LLP

Proskauer Rose LLP is ‘excellent in every way; well versed in market practice and known for clear advice and prompt responses’. Clients rate the firm for providing ‘top-quality service for a reasonable price’ and note that ‘its boutique approach and dedicated partner involvement are outstanding’. The two-partner team acts for a broad range of corporate issuers, banks and asset managers who value its ability to handle innovative structures in UK and US high yield deals from the London office. Maximillian Kirchner is ‘a top-notch lawyer; excellent on the legal side but also able to understand what is happening from a businessperson’s perspective, which is invaluable when trying to close a deal’. Corporate partner Peter Castellon is also recommended. The firm’s recent highlights include a €1bn notes offering for a global corporate issuer based in Europe.

Leading individuals

Maximillian Kirchner - Proskauer Rose LLP

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London: Human resources

Employment: employers and senior executives
Employment: employers - ranked: tier 6

Proskauer Rose LLP

Proskauer Rose LLP’s group primarily acts for clients in the investment funds and private equity space, with particular expertise in high-value disputes, strategic board-level advice and regulatory matters with international elements. Group head Daniel Ornstein, who also jointly leads the firm’s international labour and employment practice with Erika Collins, advises on the full gamut of employment matters, including senior executive remuneration issues and contentious terminations.

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London: Investment fund formation and management

Private funds
Private funds - ranked: tier 2

Proskauer Rose LLP

Proskauer Rose LLP is ‘excellent’ and a group of ‘top quality fundraisers, the firm has done sensational jobs for clients on recent fundraising’. Nigel van Zyl is ‘a top-class lawyer: he is very adept at managing his way through complex and tricky situations’ – in 2016, he advised HgCapital on the formation of HgCapital Mercury 2, which raised £580m for technology buyouts. French-qualified Bruno Bertrand-Delfau, who advises cornerstone client Ardian, and Kate Simpson are other names of note in the practice – Simpson advised SL Capital Partners on a range of secondary market transactions. ‘Rising star’ senior associate Andrew Shore is ‘technically strong and smart on the commercials, combining all that with a fun demeanour and a real work ethic’ – in addition to being involved in the HgCapital Mercury 2 project, he worked with Van Zyl on G Square’s second fund, which raised €350m for a healthcare private equity strategy. Other clients include leading domestic institutional investors, Adams Street Partners and Ares Management, which Van Zyl acted for on raising Ares Capital Europe III, a €2.5bn direct lending fund, the largest in Europe to date.

Leading individuals

Nigel Van Zyl - Proskauer Rose LLP

Next generation lawyers

Andrew Shore - Proskauer Rose LLP

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Further information on Proskauer Rose LLP

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China

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Latin America: International firms

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