The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

White & Case LLP

Living Wage
5 OLD BROAD STREET, LONDON, EC2N 1DW, ENGLAND
Tel:
Work 020 7532 1000
Fax:
Fax 020 7532 1001
Email:

Philip Stopford

Tel:
Work +44 20 7532 2300
Email:
White & Case

Work Department

Project Finance, India, Islamic Finance, Power, Oil & Gas, Mining & Metals

Position

Partner

Career

To read more, visit: whitecase.com/people/philip-stopford


London: Finance

Emerging markets

Within: Leading individuals

Philip Stopford - White & Case LLP

Within: Emerging markets

White & Case LLP has a strong focus on emerging markets, notably the CEE, CIS, Middle East and Africa, and has amassed decades of experience in finance and capital markets transactions. It is involved in some of the most complex projects, energy and natural resources transactions, handling groundbreaking project finance deals in a wide variety of emerging markets. In the oil and gas sector, for example, it handled the multibillion-dollar financing of the Tahrir petrochemical project in Egypt on behalf of sponsor Carbon Holdings, and acted for Ghana National Petroleum Corporation on a landmark LNG regasification project in Tema. Co-head of the firm’s global oil and gas practice Philip Stopford and bank finance specialist Christopher Czarnocki played central roles in those deals. Debt capital markets transactions are a key strand of the firm's work and US securities partner Ian Clark led a highlight deal from 2017 when he advised the Ukraine Ministry of Finance on a $3bn Eurobond offering and a tender offer for its existing notes. Francis Fitzherbert-Brockholes and Richard Pogrel, who are 'very accommodating to clients and well aware of their interests and requirements; they give advice that is personal and tailor-made', acted alongside Clark for the Ministry of Finance of Azerbaijan in a $3.2bn debt restructuring transaction. Also in the sovereign debt arena, global head of capital markets Stuart Matty and US-qualified Melissa Butler, who are leading lights in their field, advised Republic of Nigeria on establishing a GMTN programme and $4.5bn in subsequent issuance. Mark Castillo-Bernaus, who is the firm's new head of EMEA projects, is also a key partner in the emerging markets practice.

[back to top]

London: Projects, energy and natural resources

Infrastructure (including PFI and PPP)

Within: Leading individuals

Philip Stopford - White & Case LLP

Within: Infrastructure (including PFI and PPP)

White & Case LLP 's infrastructure practice covers the full spectrum of work from front end project development issues to brown field transactions under the leadership of experienced project finance expert Caroline Miller Smith . In terms of new build projects, Philip Stopford and Carina Radford are part of the team overseeing Vale and Mitsui's development and financing of the Nacala Corridor railway and port project in Mozambique and Malawi. The firm was also appointed to represent the sponsors to the Izmir Bayrakli and Kocaeli integrated health campus PPP projects in Turkey, and private equity partner Caroline Sherrell advised newly-formed infrastructure fund on its acquisition of 45% interest in Welcome Break from ING and Challenger. Other notable clients include Allianz, First State, the European Investment Bank and Deutsche Bank. Mark Castillo-Bernaus heads the firm's EMEA energy, infrastructure, project and asset finance group and is also a key contact. Simon Caridia joined from Herbert Smith Freehills LLP.

[back to top]

Oil and gas

Within: Leading individuals

Philip Stopford - White & Case LLP

Within: Oil and gas

White & Case LLP 'provides an extremely high level of service' through 'fast responses, deep industry knowledge and very strong teams individually put together for every transaction'. The practice recently acted for Harbour Energy, a special investment vehicle established by EIG, in its agreement to lead the $3bn acquisition by Chrysoar of a portfolio of North Sea assets from Shell.  Philip Stopford led the advice to Carbon Holdings on all aspects of the proposed Tahrir petrochemical project in Egypt, and Saul Daniel is currently assisting Saudi Aramco in its potential joint venture with Pertamina to expand and develop the latter's refinery in Indonesia. Also notable are Jason Kerr , Mark Clarke - who heads the EMEA oil and gas disputes practice - and the 'well-prepared' Mark Castillo-Bernaus who 'fights hard for the right result'. Along with the opening of a Houston office, the practice also bolstered its offering with the promotion to partner of Kamilla Azamat . David Baker has 23 years of experience of the oil and gas sector.

[back to top]

Power (including electricity and renewables)

Within: Power (including electricity and renewables)

White & Case LLP 's energy practice recently saw the promotion to partner of Kamilla Azamat and Meredith Campanale 's promotion to counsel. On the project development side, Philip Stopford and Kirsti Massie are currently acting as counsel to the project company and Al Nowais as sponsor with regards to a 2.640 MW coal-fired power plant in Egypt's Ayoun Moussa area, and Caroline Miller Smith and Ellis Baker are advising Star Capital and Eurotunnel on their proposed power 75km-long interconnector project between the UK and France. The team is also representing a contractor in the negotiation of its EPC contract for the construction of a new nuclear plant in Eastern Europe. In terms of brown field M&A, John Cunningham was part of the team which assisted the UK subsidiary of an international energy group with its acquisition of two combined cycle gas turbine stations from a leading energy company. Mark Castillo-Bernaus co-heads the London power offering with global head Massie and recently oversaw the granting of a project finance facility for the development of an independent power plant with Jason Kerr and counsel Chris Duncan . Other notable clients include HSBC, Enerjisa and Acergy.

[back to top]

London: Real estate

Construction

Within: Construction

White & Case LLP's construction team is¬†‚Äėextremely hardworking, highly motivated and a group of first-class lawyers‚Äô, with significant expertise in international disputes. Ellis Baker¬†is ‚Äėhugely experienced at both front end and contentious work‚Äô and a ‚Äėleading expert on the FIDIC suite of contract‚Äô. Recently made up, Rebecca Shorter¬†is ‚Äėa very conscientious new partner who drafts well and is unflappable under pressure.‚Äô Mark Goodrich¬†is ‚Äėincredibly tenacious‚Äô and an ‚Äėexcellent cross examination lawyer‚Äô, and Julian Bailey¬†has ‚Äėan encyclopaedic knowledge of construction law as it applies in the UK, the Middle East and Australia.‚Äô Recent work includes representing¬†Grupo¬†Unidos¬†por¬†el Canal and its shareholders in a dispute with the Panama Canal Authority relating to the US$5.5bn Panama Canal expansion project. On the non-contentious side, Philip Stopford¬†and Kirsti Massie¬†have been advising Egyptian Electricity Holding Company and Al¬†Nowais¬†Investments LLC on the construction of a 2,640 MW coal-fired power generation plant in¬†Ayoun¬†Moussa, Egypt, including the procurement process and drafting the EPC term sheet. Daniel Garton¬†has been advising the FAST Consortium on their mandate from the Riyadh Development Authority to design, develop and construct various lines of the Riyadh Metro project, worth US$8 billion. Associate David Inns¬†is also recommended. Other clients include Samsung, Carbon Holdings, and EMCOR Engineering Services Limited.

[back to top]


Back to index

Legal Developments in London

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