The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Winston & Strawn London LLP

Work 020 7011 8700
Fax 020 7011 8800

Zoë Ashcroft

Work +44 20 7011 8725
Winston & Strawn

Work Department

Corporate & Finance


Zoë Ashcroft is one of the founding partners of Winston & Strawn London, heads the corporate and finance team, and is a member of the global Executive Committee of Winston & Strawn LLP. Zoë has more than 25 years of experience handling complex cross-border deals for a broad range of corporate clients. Her experience covers a variety of sectors including oil and gas, manufacturing and industrial, consumer and luxury brands, and financial services.

Zoë works with both clients who are based in the United States, Continental Europe, Africa, Asia and elsewhere who are operating or investing in the United Kingdom or who select English law as the governing law for the transactions. A vibrant part of Zoë‘s practice involves advising clients on cross-border transactions in emerging markets (particularly Sub-Saharan Africa).

In addition, Zoë works with a number of pro-bono clients and for several years has served as a Trustee of Sponsors for Educational Opportunity, an award winning UK not-for-profit organisation providing mentoring and internship opportunities, and of The Climate Change Organisation, an award-winning, international non-profit which focuses on bold, catalytic, and high-impact climate and energy initiatives with the world’s leading businesses and state and regional governments.

London: Corporate and commercial

M&A: lower mid-market deals, £50m-£250m

Within: M&A: lower mid-market deals, £50m-£250m

The ‚Äėexcellent‚Äô team at¬†Winston & Strawn London LLP¬†¬†is noted for its ‚Äėreal time responsiveness and proactive approach‚Äô, which ‚Äėshows superb business acumen and industry knowledge‚Äô. Practice head¬†Zo√ę Ashcroft¬†‚Äėstands out in her passion and extraordinary dedication, commitment and speedy response to client‚Äôs needs‚Äô; she has strong involvement with cross-border transactions in emerging markets, particularly Sub-Saharan Africa.¬†Nicholas Usher¬†and 'rising star'¬†Stewart Worthy¬†are recommended as ‚Äėreally great to work with and always seem to be in control‚Äô. Usher represented Superior Industries International in its $715m acquisition of Uniwheels, while Worthy led on Yioula Glassworks‚Äô ‚ā¨500m sale of its glass manufacturing operation in Greece, Serbia, Bulgaria and Romania.¬†Paul Amiss¬†is also recommended.

[back to top]

London: Finance

Bank lending: investment grade debt and syndicated loans

Within: Bank lending: investment grade debt and syndicated loans

Recognised for its 'collegiate and co-operative ethos',¬†Winston & Strawn London LLP¬†'s nine-partner finance practice specialises in handling complex cross-border mandates¬†(often involving syndicated lender structuring) where it is able to add value to clients by virtue of its ability to provide seamless UK and US law advice on bigger ticket mandates.¬†Rebecca Finn¬†regularly provides the English law input on emerging markets financings on behalf of lenders and borrowers; she recently advised Cathay United Bank on a¬†$35m syndicated loan to the Bank for Investment and Development of Cambodia. The 'client friendly and pragmatic'¬†Zo√ę Ashcroft¬†is recommended in particular for her work on behalf of borrowers in Sub-Saharan African financings. Although he is primarily focused on sponsor-led leveraged deals,¬†Ian Borman¬†also handles corporate lending work and corporate acquisition financings.

[back to top]

Emerging markets

Within: Emerging markets

Winston & Strawn London LLP¬†is 'an¬†excellent firm with top-level practitioners', according to one client. Another remarks that it is 'a very high-quality firm that seems to have retained its partnership collegiality and cooperative ethos'. The firm has a track record of transactional work in Africa, the Middle East and Asia.¬†Zo√ę Ashcroft¬†is 'primarily¬†a corporate lawyer but with her finance background she is able to provide the full range of services you need on a leveraged deal; she is client-friendly and pragmatic'. Ashcroft, capital markets partner¬†Stewart Worthy¬†and export finance specialist¬†Rebecca Finn¬†'have excellent African expertise in particular'.¬†James Simpson¬†is recommended for¬†infrastructure and power development and financing in Central and Eastern Europe. Finn acted for Taiwan's Cathay United Bank in a¬†$35m syndicated loan to the Bank for Investment and Development of Cambodia, and for the same client handled a $350m loan for the Bank for Investment and Development of Vietnam.

[back to top]

London: Projects, energy and natural resources

Oil and gas

Within: Oil and gas

Global co-head of project finance¬†James Simpson¬†jointly leads the oil and gas at¬†Winston & Strawn London LLP¬†with¬†Zo√ę Ashcroft¬†who also leads the London corporate and finance department. Recently bolstered by the transfer of¬†Stephen Jurgenson¬†from the firm's Dubai office, the practice advised Electrogas on all aspects of the innovative LNG-to-power project in Malta; of counsel¬†Jason Parker¬†also collaborated on this mandate. Parker and Simpson also teamed up as project counsel to a joint venture planning to build an LNG terminal and distribution facility in Southern Europe.

[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