The Legal 500

Cleary Gottlieb Steen & Hamilton LLP

What we say about the firm's legal practice in France

Banking and finance

Within Banking and finance, Cleary Gottlieb Steen & Hamilton LLP is a third tier firm,

Cleary Gottlieb Steen & Hamilton LLP handles complex and innovative work thanks to a team of highly versatile lawyers. The practice comprises six partners, including Jean-Marie Ambrosi, Marie-Laurence Tibi and Valérie Lemaitre, who principally act alongside large corporate clients, handling corporate structuring finance deals, such as assisting Accor on the financing of Edenred and Rexel in the negotiation of a €1.7bn credit agreement. The team also assisted Natixis on the financing of the acquisition of Natixis Private Equity French portfolio by Axa Private Equity.

Capital markets

Within Capital markets, Cleary Gottlieb Steen & Hamilton LLP is a first tier firm,

Cleary Gottlieb Steen & Hamilton LLP ranks as ‘one of the top firms for ECM work’. Thanks to a versatile team that is always ‘very well aware of the latest innovations and entrenched within the local business community’, the firm handles both high-end equity and debt matters in French and US law, acting for large corporations and leading financial institutions. Key figures include Pierre-Yves Chabert, John Brinitzer, Marie-Laurence Tibi, Valérie Lemaître and Andrew Bernstein. The firm assisted Goldman Sachs, RBS and Natixis on Technicolor’s offerings, PPR and CFAO on CFAO’s IPO and the underwriters on Total’s $500m SEC-registered offering.

Dispute resolution: Commercial litigation

Within Dispute resolution Commercial litigation , Cleary Gottlieb Steen & Hamilton LLP is a third tier firm,

Cleary Gottlieb Steen & Hamilton LLP demonstrates ‘constant top-end service with a creative approach’. Led by Jean-Yves Garaud, a lawyer with ‘very high professional skills’, the practice represents leading corporations (ArcelorMittal, Sanofi-Aventis), with counsel Delphine Michot also active in the practice. The firm successfully acted for Aventis-Pharma before the Versailles Court of Appeal against Wyeth.

Dispute resolution: International arbitration

Within Dispute resolution International arbitration, Cleary Gottlieb Steen & Hamilton LLP is a third tier firm,

Cleary Gottlieb Steen & Hamilton LLP has a busy commercial and investment practice. The compact and strong team includes Claudia Annacker, whose reputation is growing in the field of investment and public international law, Jean-Yves Garaud and the up-and-coming Roland Ziadé, who was promoted to counsel. The firm advises state entities and large corporations (ArcelorMittal, Sanofi-Aventis). It also represented the Russian Federation in three UNCITRAL arbitrations against former shareholders of Yukos, and the Republic of Argentina in the first attempt to pursue a mass claim in an ICSID case.

Dispute resolution: Stock market litigation

Within Dispute resolution Stock market litigation Other recommended firms

Dispute resolution: White-collar crime

Within Dispute resolution White-collar crime Other recommended firms

EU competition and distribution

Within EU competition and distribution, Cleary Gottlieb Steen & Hamilton LLP is a second tier firm,

Cleary Gottlieb Steen & Hamilton LLP’s practice is led by competition master Antoine Winckler and François Brunet. The ‘very reactive and reliable’ seven-lawyer team advises on the market’s largest merger-control cases at French and European levels, recently advising Veolia Environnement on the merger of Veolia Transport with Transdev. The firm also handles a high amount of strategic antitrust work, recently obtaining the annulment of the fine imposed on Estée Lauder in the perfume and cosmetics sector.

Insolvency

Within Insolvency, tier 4

Cleary Gottlieb Steen & Hamilton LLP is a good choice for highly technical financial and corporate restructuring work through Fabrice Baumgartner and François Jonemann. Jean-Yves Garaud is also heavily involved in the practice on the litigation side. The firm has outstanding capabilities to deal with global restructuring projects, such as in Nortel. The team advised on a number of strategic matters on the domestic and European markets, representing shareholder Arcapita on Vogica’s restructuring.

Mergers and acquisitions

Within Mergers and acquisitions, Cleary Gottlieb Steen & Hamilton LLP is a second tier firm,

Cleary Gottlieb Steen & Hamilton LLP is an ‘outstanding’ firm for high-profile and complex M&A transactions which are handled by ‘very technical lawyers’. The team includes some of the market’s most respected corporate advisors in the ‘very commercial’ Pierre-Yves Chabert, John Brinitzer, François Jonemann, Jean-Marie Ambrosi and Andrew Bernstein. The firm assisted Veolia on Veolia Transport and Transdev’s merger, and Accor on its spinoff.

Private equity

Within Private equity, Cleary Gottlieb Steen & Hamilton LLP is a second tier firm,

In Jean-Marie Ambrosi and François Jonemann, Cleary Gottlieb Steen & Hamilton LLP has a ‘very technical team’. The firm completed several major transactions in 2010, assisting BC Partners on the sale of Picard to Lion Capital, and Natixis on the sale of its private equity portfolio.

Project finance and energy: Energy

Within Project finance and energy: Energy Project finance and energy: Energy

Project finance and energy: Project finance

Within Project finance and energy: Project finance, Cleary Gottlieb Steen & Hamilton LLP is a second tier firm,

Thanks to its experience in the region, Cleary Gottlieb Steen & Hamilton LLP receives high-profile instructions in Africa. The 13-lawyer practice, led by Jean-Pierre Vignaud, Barthélemy Faye and Gamal Abouali, assists sponsors on oil and gas, electricity, water, transport and mining projects. The team assisted Rio Tinto on a strategic project in Cameroon involving bauxite mining and the construction of a hydroelectric dam and transport facilities, and the Government of Gabon and the Islamic Development Bank on Libreville airport project. In the energy field, the firm advised the Gambia River Basin Organisation on a $1bn hydroelectric project.

Tax

Within Tax, Cleary Gottlieb Steen & Hamilton LLP is a third tier firm,

Cleary Gottlieb Steen & Hamilton LLP’s transactional expertise is highly regarded thanks to France’s leading corporate tax lawyer Gilles Entraygues, and partner Anne-Sophie Coustel. Arnaud de Brosses left the firm. The practice handles top M&A, capital markets, finance and restructuring tax work, acting for the largest French and international companies (Alstom, Coca-Cola, Lagardère). The team assisted Accor and Edenred on the spin-off of Accor’s services business, and Veolia on the merger of Veolia Transport and Transdev.


What we say worldwide

Please choose another Cleary Gottlieb Steen & Hamilton LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

Belgium

Offices in Brussels

China

Offices in Beijing

Germany

Offices in Cologne and Frankfurt

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Indonesia

India

Italy

Offices in Rome and Milan

London

Offices in London

Nigeria

Philippines

Qatar

Russia

Offices in Moscow

South Korea

Taiwan

Tunisia

United States

Offices in New York and Washington DC

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