The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

White & Case LLP


France

Administrative and public law
Administrative and public law - ranked: tier 4

White & Case LLP

White & Case LLP is renowned for its PPP capabilities advising sponsors and lenders. The firm was recently involved in some key transport and road projects. It assisted Vinci with the A45 motorway project and is advising on various renovation projects for luxury hotel brands. Jacques Bouillon is the key name. François-Guilhem Vaissier and counsel Orion Berg are also noted.

[back to top]

Compliance
Compliance - ranked: tier 1

White & Case LLP

White & Case LLP has ‘reliable human and material resources’. The ‘highly available’ team assists leading French and US companies, as well as leading French banks, with international sanctions, anti-corruption and money laundering and governance issues. It has been kept busy advising on France’s new anti-corruption legislation and also acts for companies or their executives in conducting internal investigations. Practice head Ludovic Malgrain, who heads the practice, and Jean-Pierre Picca, whose ‘ability to deal efficiently with complex matters’ is particularly valued, are the key contacts. Michel Beaussier has retired.

[back to top]

Derivatives, structured finance and securitisation
Other recommended firms - ranked: tier 1

White & Case LLP

Next generation lawyers

Emmanuel Lebaube - White & Case LLP (structured finance)

[back to top]

EU, competition and distribution
EU, competition and distribution - ranked: tier 3

White & Case LLP

White & Case LLP’s competition, EU law and economic regulation team kept busy in 2017: counsel Orion Berg advised Eurazeo on merger control issues arising from its acquisition of a portion of Mondelez’s confectionary business portfolio, and in a major highlight, practice head Yann Utzschneider together with recently promoted counsel Estelle Jégou successfully defended Hertz in proceedings filed by the FCA on the grounds of alleged anticompetitive practices. In the financial services sector, Utzschneider is advsing Crédit Agricole on an investigation by several antitrust authorities regarding the alleged manipulation of LIBOR and EURIBOR indexes. Mickaël Rivollier was promoted to counsel in 2017.

[back to top]

Employment
Other recommended firms - ranked: tier 1

White & Case LLP

[back to top]

Insolvency
Insolvency - ranked: tier 3

White & Case LLP

White & Case LLP is retained by banks, shareholders, investors and sometimes by debtors. The firm is particularly good at dealing with highly complex financial restructuring matters and recently represented the banks during Foraco’s indebtedness restructuring. Céline Domenget-Morin heads the practice.

Leading individuals

Saam Golshani - White & Case LLP

[back to top]

Mergers and acquisitions
Mergers and acquisitions - ranked: tier 3

White & Case LLP

White & Case LLP stands out for its ‘excellent service‘, ‘always spot-on advice’ and ‘responsiveness’. The team has ‘great business acumen’ and regularly handles cross-border instructions involving several jurisdictions, but also excels in domestic matters. Hugues Mathez heads the department. which includes the ‘excellent’ François Leloup, who is noted for his ability to ‘pragmatically manage strategic matters’. Guillaume Vallat, Nathalie Nègre-Eveillard, Franck de Vita, Vincent Morin, Eric Laplante and Camille Note, who was recently made counsel, are also noted. Recent highlights include acting for Orange on the acquisition of a 65% stake in Grouporama Banque to form mobile banking service Orange Bank. In the automotive sector, the group handled several matters for Faurecia, including advising on the sale of its automotive exteriors business to Plastic Omnium and assisting with its strategic partnership with, and investment in, Parrot Automotive, which had a strong cross-border element involving jurisdictions across Europe, the US and China. Other clients include Solocal, Boussard & Gavaudan and Casino Groupe.

[back to top]

Project finance
Project finance - ranked: tier 1

White & Case LLP

White & Case LLP is ‘one of the few first port of calls when looking for a reliable and strong project finance legal adviser’. The 16-lawyer team provides ‘top quality project finance’ work, ‘is very prepared and hands on, nails the issues down to the core’ and has ‘a strong bench strength’. It regularly advises lenders, while also sometimes representing sponsors, on the financing of landmark infrastructure projects in France, Europe and Africa. The group recently advised on the financing of several French motorways such as assisting the joint arrangers and bookrunners Deutsche Bank and HSBC with the A28 motorway refinancing. Other highlights included advising Japanese lenders and sponsors on several large-scale projects including assisting the Japanese banks with the €1.5bn financing of Turkey’s Ikitelli healthcare campus. Finally, the firm advises sponsors on power, hydropower and renewables projects in Africa. Paule Biensan heads the practice.. Jacques Bouillon, François-Guilhem Vaissier and counsel Marianna Sedefian are also involved. Finance expert Victoria Westcott joined Reed Smith.

[back to top]

Real estate
Real estate - ranked: tier 3

White & Case LLP

The ‘remarkable’ White & Case LLP’s ‘very dedicated and efficient’ six-lawyer team has ‘a tremendous talent for smoothly shaping a transaction fully in line with clients' expectations’. The firm advises a prominent client base of property investors and asset managers on property and portfolio investments and recently assisted CDC with the sale of CNET’s former site in Issy-les-Moulineaux and AEW Europe with the €188m acquisition of the Primavera shopping centres portfolio. The firm also advises on property fund structuring. Allianz Global Investors, Amundi, Crédit Agricole Assurances and Klépierre are clients. The practice is led by Frank Peter and the ‘fantastic’ Brice Engel who ‘is very helpful in making deals happen’.

Leading individuals

Frank Peter - White & Case LLP

[back to top]

Tax
Tax - ranked: tier 3

White & Case LLP

White & Case LLP’s six-lawyer team regularly advises on tax aspects of key financing and capital markets transactions, but also has strong property tax expertise and advises on large private equity and M&A transactions. Highlights included advising Eurazeo on the acquisition of Mondelez's confectionery products business; FRHI, QIA and Kingdom on the $2.6bn sale of luxury hotels Fairmont, Raffles and Swissôtel; and Michelin on its $500m convertible bonds offering. AEW Europe, Ciments Francais, CNP Assurances, IK Investment and Suez Environnement are clients. Practice head Norbert Majerholc and Alexandre Ippolito are recommended.

[back to top]

France: Aviation

Aviation finance
Aviation finance - ranked: tier 3

White & Case LLP

White & Case LLP is a key name for cross-border mandates, with expertise spanning asset financing, export credit financing, refinancing and tax leases. Recent work includes advising Société Générale on the financing of two Airbus helicopters. Victoria Westcott left for Reed Smith.

[back to top]

France: Banking and finance

Transactional work
Banking and finance: Transactional work - ranked: tier 1

White & Case LLP

White & Case LLP ‘is able to put together large deal teams thanks to its size and depth of practice’ and is ‘one of the best for work at the upper end of the market’. The team of ‘hands-on practitioners’ has strength across the financing spectrum, with its corporate and acquisition financing experience of particular note. Practice head Raphaël Richard, who ‘has huge experience’, is ‘one of the best lawyers on the market’ and ‘thoughtful in his advice’. Other key names include corporate finance expert Denise Diallo; Samir Berlat, whose focus areas include structured finance; and Colin Chang, who is a specialist in bridge-to-high yield finance deals on top of his capital markets expertise. The team handles cross-border and domestic work, frequently handling matters at the cross-section between finance and capital markets; in one example, it is advising Suez on a €3.2bn bridge loan facility established to finance the acquisition of GE Water & Process Technologies, which also involves senior unsecured note issuances. Domestic highlights included assisting Socotec with a senior facilities agreement aimed at refinancing its indebtedness. Spie, BNP Paribas and Crédit Agricole are also clients.

Leading individuals

Denise Diallo - White & Case LLP

Raphaël Richard - White & Case LLP

[back to top]

France: Capital markets

Debt
Capital markets: Debt - ranked: tier 1

White & Case LLP

White & Case LLP’s key areas of expertise include EMTN programmes, high-yield bonds, Euro private placements and sovereign bonds and tender offers, but the team also handles liability management and regulatory capital matters. Capital markets practice head Philippe Herbelin and Cenzi Gargaro advised several banks as bookrunners on the €1.5bn bond issuing of Gecina, which included three different sets of notes. Recently promoted partner Grégoire Karila and Séverin Robillard assisted Casino Group with an intermediated tender offer made by BNP Paribas of three different sets of notes with a total value exceeding €1bn. Colin Chang led advice to a banking syndicate on a two-tranche high-yield bond offering by Burger King France, which involved senior secured floating rate notes and senior secured notes. Of counsel Gilles Endréo, Thomas Le Vert and counsel Max Turner are also noted. Kaufman & Broad, Engie and SNCF Réseau are clients.

Leading individuals

Cenzi Gargaro - White & Case LLP

Colin Chang - White & Case LLP

Gilles Endréo - White & Case LLP

Séverin Robillard - White & Case LLP

Thomas Le Vert - White & Case LLP

Next generation lawyers

Grégoire Karila - White & Case LLP

[back to top]

Equity
Capital markets: Equity - ranked: tier 1

White & Case LLP

White & Case LLP ‘is a clear leader among legal advisers for French equity capital markets matters’, but also demonstrates strength in handling complex, cross-border instructions, frequently involving the US. The team undertakes work across the full spectrum of equity instruments, with acquisition finance a core strength. Key advisers are Philippe Herbelin, who ‘has a wealth of experience’ and ‘knows when to draw a line in the sand to protect his clients while being smart and flexible enough to find common ground satisfactory to all parties in the interest of any given transaction’; ‘intellectually curious’, ‘agile thinker’ Thomas Le Vert, who is ‘not afraid to investigate the boundaries of legal and regulatory frameworks to allow corporates to achieve their goals’; Séverin Robillard; Colin Chang; and counsel Max Turner. The group advised a syndicate of banks, led by Morgan Stanley and Deutsche Bank, on Gecina’s rights issue to finance its acquisition of Eurosic, and handled the US law aspects of Air Liquide’s €3.3bn rights issue with preferential subscription rights. Groupama, Suez and HSBC are also clients.

Leading individuals

Philippe Herbelin - White & Case LLP

Séverin Robillard - White & Case LLP

Thomas Le Vert - White & Case LLP

Next generation lawyers

Max Turner - White & Case LLP

[back to top]

France: Dispute resolution

Commercial litigation
Dispute resolution: Commercial litigation - ranked: tier 2

White & Case LLP

White & Case LLP is praised for ‘the full dedication of its partners and team members and ability to deal with a huge volume of work while providing high quality advice’. Lawyers show ‘constant allegiance to their clients, even if, and when, put under pressure’, while the firm’s ‘very useful cross-border experience, is highly appreciated’. The practice is regularly instructed by leading banks to handle complex and sensitive matters before French and international courts and regulatory authorities. It is notably involved in some class-action-type cases, where it provides ‘a tailored service for managing one-of-a-kind cases’. Recent work includes defending BNP Paribas Personal Finance against approximately 1,500 civil proceedings brought under the Helvet Immo property case. The practice is also managing a significant commercial litigation caseload and handling several unfair competition cases in the retail sector. The team acted for Free Mobile in a class action initiated by French consumer association UFC regarding alleged misleading advertising of its 3G network. Practice head Philippe Métais stands out for his ‘tactical vision, creativity and constant support’ and has ‘great knowledge of the banking world’. Yann Utzschneider is also recommended.

[back to top]

International arbitration
Dispute resolution: International arbitration - ranked: tier 1

White & Case LLP

‘First class’ White & Case LLP is a ‘brand of trust’. The large 40-lawyer Paris team is constantly involved in some of the world’s largest power and oil and gas matters across Africa, Latin America and Eastern Europe and is also the market’s top leading firm for construction arbitration: it is notably representing Teollisuuden Voima Oyj in multiple ICC disputes with the Areva and Siemens consortium regarding the construction of the Olkiluoto 3 nuclear power plant in Finland, and Grupo Unidos por el Canal in a $3bn ICC dispute with the Panama Canal Authority relating to the Panama Canal expansion project. Furthermore, the investment arbitration caseload has been growing in the energy sector, where the team is acting for Engie and GDF in a €700m ICSID arbitration with Hungary among other matters. Michael Polkinghorne heads the practice; ‘renowned expert’ Christopher Seppälä is another key figure in arbitration circles, while Christophe von Krause and Andrew de Lotbinière McDougall ‘show great determination to understand the merits of a case, and provide excellent support and guidance to all witnesses’. Charles Nairac, John Willems, Nicolas Bouchardie, Elizabeth Oger-Gross and Kirsten Odynski are also highly regarded.

Leading individuals: international arbitration

Christophe von Krause - White & Case LLP

Christopher Seppälä - White & Case LLP

Michael Polkinghorne - White & Case LLP

[back to top]

White-collar crime
Dispute resolution: White-collar crime - ranked: tier 3

White & Case LLP

White & Case LLP provides ‘a clear strategy and great flexibility’ as well as ‘great knowledge of the banking sector’, where it is recommended for handling ‘complex cases with high financial stakes’. It frequently defends leading French financial institutions facing major French proceedings and deals with highly sensitive international investigations, especially led by US and UK authorities. Recent highlights include representing BNP Paribas Personal Finance in the Helvet Immo loan-related case which concerned around 4,000 potential plaintiffs. Ludovic Malgrain and Jean-Pierre Picca are recommended. Michel Beaussier has retired.

Next generation lawyers

Ludovic Malgrain - White & Case LLP

[back to top]

France: Industry focus

Energy
Other recommended firms - ranked: tier 1

White & Case LLP

[back to top]

IT, telecoms and the Internet
Industry focus: IT, telecoms and the Internet - ranked: tier 3

White & Case LLP

White & Case LLP is ‘a great global law firm’ and provides clients with a ‘very pragmatic, global vision’. The Paris IT, telecoms and technology offering consists of five partners including the recommended Bertrand Liard, who continues to represent Facebook in contentious mandates regarding consumer protection, unfair competition and data protection issues. In the fintech space, the group advised several clients on IT agreements related to M&A transactions and on the launch of mobile applications in France. In the telecoms field, the team handled Orange’s acquisition of a 65% stake in Groupama Banque, which will become Orange Bank, and acted for a foreign telecoms player in arbitration proceedings arising from its shareholding in another foreign company. Counsel Clara Hainsdorf is a key figure in the team and recently teamed up with the M&A practice to counsel automobile company Faurecia on IT aspects of two cross-border M&A mandates.

[back to top]

France: Private equity

LBO
Other recommended firms - ranked: tier 1

White & Case LLP

[back to top]

France: Shipping

Shipping finance
Shipping finance - ranked: tier 2

White & Case LLP

White & Case LLP’s shipping practice has a highly international footprint with cases often involving Middle Eastern jurisdictions. Asset and export finance feature prominently in the firm’s workload, including recent advice to Société Générale regarding the merger of the United Arab Shipping Company and German shipping company Hapag-Lloyd, which included assistance with existing French tax leases regarding two ships. The group also acts for K-Sure. Victoria Westcott joined Reed Smith.

[back to top]


Further information on White & Case

Please choose from this list to view details of what we say about White & Case in other jurisdictions.

United Arab Emirates

Offices in Abu Dhabi and Dubai

Australia

Offices in Melbourne and Sydney

Belgium

Offices in Brussels

China

Offices in Beijing and Shanghai

Czech Republic

Offices in Prague

Germany

Offices in Frankfurt, Hamburg, Berlin, and Dusseldorf

Algeria

Egypt

Offices in Cairo

Spain

Offices in Madrid

Finland

Offices in Helsinki

France

Offices in Paris

Ghana

Hong Kong

Offices in Hong Kong

Indonesia

Offices in Jakarta

Latin America: International firms

India

Italy

Offices in Milan

Japan

Offices in Tokyo

Kazakhstan

Offices in Astana

London

Offices in London

Morocco

Mexico

Offices in Mexico City

Philippines

Poland

Offices in Warsaw

Qatar

Offices in Doha

Russia

Offices in Moscow

South Africa

Offices in Johannesburg

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

South Korea

Offices in Seoul

Slovakia

Offices in Bratislava

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Geneva

Turkey

Offices in Istanbul and Istanbul

United States

Offices in Washington DC, Miami, New York, Los Angeles, Palo Alto, Boston, Houston, and Chicago

Legal Developments in France

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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