The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Clifford Chance LLP

10 UPPER BANK STREET, LONDON, E14 5JJ, ENGLAND
Tel:
Work 020 7006 1000
Fax:
Fax 020 7006 5555
DX:
149120 CANARY WHARF-3
Email:
Web:
www.cliffordchance.com

Top-tier Firm rankings

Firm Rankings


London: Corporate and commercial

Commercial contracts
Commercial contracts - ranked: tier 3

Clifford Chance LLP

The 'competent and creative' practice at Clifford Chance LLP focuses on TMT but also has expertise in antitrust, private equity and real estate law. The firm is experienced in major outsourcing transactions, ranging from employment advice to regulatory advice. The 'exceptional' André Duminy leads the team and specialises in complex commercial transactions, particularly related to technology. He acted for Schroders on all aspects of its outsourcing negotiations with fintech company Instinct for the provision of a range of finance-related services provided via common platforms.

Practice head(s):André Duminy

Testimonials

'There is a very cohesive nature about the team and they all seem to get along very well' 

'The team operates seamlessly and flexes well when there are constraints on individuals'

'Deep legal expertise bundled with solid understanding of the applicable business and technology context provide for a clear competitive edge and a robust basis for success'

'André Duminy's negotiating skills are second to none as is his commitment to his clients' cause'

'André Duminy is an excellent communicator with his clients and is extremely personable.

'André Duminy's knowledge of the industry and excellent negotiation and communication skills, combined with first-class legal knowledge, make him a unique individual' 

'André Duminy is in a league of his own for complex IT contracting'

Key Clients

Fujitsu

The Absolut Company

Coca-Cola

Citi

Iberdrola

Clydesdale Bank

WiZink Bank

Permira

HQLAx

Sage Housing Limited

Royal Bank of Canada

AB InBev

Schroders

EVRY

WEX

Co-Op Bank

Work highlights

  • Advising Sage Housing Limited on the negotiation of a management contract appointing Places for People to manage and maintain the client's rented social housing stock across England.
  • Advising RBC Investor Services, part of the Royal Bank of Canada, as service recipient under a long-term outsourcing services agreement and associated transitional service agreement with global fund distribution expert MFEX to provide fund distribution services in Europe.
  • Advised Citi on its collaboration agreement with Computershare to launch the Proxymity platform.
  • Acted for Infracapital in relation to its purchase from SSE plc of 50% of SSE Telecoms – a telecoms operator providing fibre and telecoms networks and services in the UK.
  • Advised ING Group on a global partnership with AXA to provide insurance products and related services through a central digital insurance platform.
Leading individuals

André Duminy - Clifford Chance LLP

[back to top]

Corporate tax
Corporate tax - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP is well-placed to advise multinationals on Brexit-related restructurings, US tax reform and mitigation and compliance with the Criminal Finances Act 2017. The group also stands out for transactional matters, including project financings and M&A. Department head Chris Davies specialises in taxation for corporate and financing transactions, with a focus on structured finance and international tax. The group also includes veteran tax lawyer David Harkness whose practice includes restructurings and international tax planning. Harkness advised HSBC and ICBC as lenders on the tax aspects of the restructuring, short-term financing and administration of House of Fraser.

Practice head(s):Chris Davies

Other key lawyers:David Harkness; Dan Neidle

Testimonials

'Very clearly "partner-led"- with the partners at the top actually doing the work'

'Deep technical expertise'

'Ready to pick up the phone on an undisclosed basis, to HMRC and HMT in the interests of reaching a good outcome'

Key Clients

Aga Khan Foundation (United Kingdom)

Canary Wharf Group plc

Citigroup Global Markets

Commerzbank AG

Credit Suisse AG

Deutsche Alternative Asset Management (UK)

The Coca-Cola Company

Leading individuals

Chris Davies - Clifford Chance LLP

David Harkness - Clifford Chance LLP

[back to top]

EU and competition
EU and competition - ranked: tier 2

Clifford Chance LLP

Active both UK- and EU-wide, Clifford Chance LLP’s antitrust team provides full-service competition law advice on merger control issues as well as high-profile investigations. In the investigatory space, the group is able to adopt a holistic approach to assisting its clients, relying on the expertise of the firm’s competition litigation team. Team members’ combined experience spans a wide range of complex matters in industry sectors such as consumer goods, retail, financial services, energy, infrastructure, telecoms, media, and others. Of note is the team’s recent work in the telecoms space, in which a team led by Jenine Hulsmann obtained an unconditional clearance from the European Commission of the merger between Tele2 Netherlands and T-Mobile Netherlands. In the financial services sector, Alex Nourry and practice head Greg Olsen have taken lead roles for high-profile clients such as Thomson Reuters and Mastercard International, respectively. The group is also increasing its presence in the pharmaceutical and the technology sectors, where Nelson Jung is a key figure.

Practice head(s):Greg Olsen

Other key lawyers:Jenine Hulsmann; Alex Nourry; Nelson Jung

Testimonials

'Highly experienced, very responsive and personable'

'Very good at managing a global project and keeping clients informed'

'Alex Nourry is very experienced and highly recommended'

Key Clients

Elliott Advisors UK

Waterstones

MasterCard International

Comcast

NBCUniversal

Thomson Reuters Corporation

EE Limited

BT Group

Tele2

Partners Group

Permira

NEX Group

Total

Macquarie Group

Delivery Hero

Engie

Work highlights

  • Successfully represented Tele2 in obtaining unconditional approval from the European Commission for the merger of its Dutch business with T-Mobile Netherlands, following a complex Phase II investigation.
  • Advising Thomson Reuters on merger control aspects of the sale of a 55% majority stake in its Financial & Risk business (now known as Refinitiv) to The Blackstone Group.
  • Advising Motor Fuel Group, backed by Clayton, Dubilier & Rice, on merger control aspects of the acquisition of MRH, the UK's largest petrol station and convenience retail operator.
  • Advising MasterCard International on the European Commission's ongoing antitrust investigation of MasterCard's inter-regional multilateral interchange fees and cross-border acquiring rules.
  • Advised NEX Group on its $5.5bn sale to US exchange operator CME Group. The group assisted the client with obtaining an unconditional Phase I clearance of the transaction in the UK.
Leading individuals

Alex Nourry - Clifford Chance LLP

Greg Olsen - Clifford Chance LLP

Jenine Hulsmann - Clifford Chance LLP

Next Generation Partners

Nelson Jung - Clifford Chance LLP

[back to top]

Equity capital markets ‚Äď mid-large cap
Equity capital markets ‚Äď mid-large cap - ranked: tier 1

Clifford Chance LLP

Year after year, Clifford Chance LLP has proved its ability to handle the full range of ECM work to a high standard, acting for a spread of corporate issuers, international financial institutions, and governmental organisations. Detailed below, in 2019 the team was involved in a number of large dual listings, an event-driven rights transaction, a European privatisation IPO, and one of the most high-profile IPOs on the London Stock Exchange (LSE). Adrian Cartwright leads the global capital markets practice area, Simon Sinclair heads the capital markets department, and John Connolly leads the London office's US group.

Practice head(s):Simon Sinclair; Adrian Cartwright

Other key lawyers:Simon Thomas; John Connolly; Iain Hunter

Key Clients

Vivo Energy plc

Libstar Holdings

Provident Financial plc

Nova Ljubljanska banka d.d. (NLB)

Work highlights

  • Advised the joint global co-ordinators, joint bookrunners and sponsor as to English and US law on the IPO, London premium listing and Johannesburg secondary listing of Vivo Energy plc, a pan-African downstream oil and gas and retail business.
  • Advised Libstar, a leading South African producer and supplier of high quality products in the consumer packaged goods industry, on the English and US law in connection with its IPO, involving an international offering of shares and listing on the main board of the Johannesburg Stock Exchange.
  • Recently advised Provident Financial plc and its board on a strategic review and resulting £331 million cashbox rights issue and related £85 million bridge facility and bank consents following its profit warning in August 2017.
  • Advised NLB on its IPO and listing on the London and Ljubljana Stock Exchanges. The IPO was the largest European banking IPO in 2018, the largest European privatisation IPO since 2017, and the largest ever Slovenian IPO.
  • Advised a syndicate of banks on the IPO of Network International and its admission to the premium listing segment of the Official List of the Financial Conduct Authority, and on trading on the Main Market of the London Stock Exchange.
Leading individuals

Adrian Cartwright - Clifford Chance LLP

John Connolly - Clifford Chance LLP

[back to top]

Financial services: contentious
Financial services: contentious - ranked: tier 1

Clifford Chance

Traditionally a banking firm, Clifford Chance has become increasingly active in the asset management space and has extensive contentious and non-contentious experience. The non-contentious team, led by Christopher Bates, also has notable experience in M&A transactions involving regulated industries and entities. Simon Gleeson provides particular expertise in financial regulatory and resolution law, while Caroline Meinertz and Simon Crown specialise in strategic Brexit advice to key global financial institutions and the asset management industry. Contentious practice head Carlos Conceicao leads a team experienced in acting for corporates, asset managers, tech startups and global banks, as well as in the specialist area of Prudential Regulation Authority (PRA) investigations. Dorian Drew conducted a significant sanctions-related internal investigation for a UK-based international bank and, in an example of the firm’s multijurisdictional expertise, Roger Best advised a sovereign wealth fund on criminal and regulatory investigations relating to alleged corruption and money laundering. Also notable are Kelwin Nicholls, whose practice includes investigations into interest rate setting and advising commodities firms on market conduct issues; Michael Lyons, who advises on money laundering and bribery issues, responding to multiple authorities; and associate Oliver Pegdon, who specialises in regulatory enforcement work and related litigation.

Practice head(s):Carlos Conceicao

Other key lawyers:Dorian Drew; Roger Best; Kelwin Nicholls; Oliver Pegdon; Michael Lyons

Work highlights

  • Represented a global bank in connection with an FCA Enforcement investigation.
  • Acting for a global financial services firm both in dealings with the FCA and related proceedings before the Tribunal. The case raises complex technical questions of European and domestic law relating to the scope of the definition of consumer credit.
  • Advising a global asset manager subject to an FCA enforcement investigation  in connection with its management of conflicts of interest.
  • Conducted an internal investigation in relation to suspected breaches of EU sanctions relating to Russia.
  • Representing a global investment bank in connection with an FCA Enforcement investigation. The firm's employment team is providing parallel advice to the bank in relation to its obligations in relation to individual accountability issues.
Leading individuals

Carlos Conceicao - Clifford Chance

Dorian Drew - Clifford Chance

Kelwin Nicholls - Clifford Chance

Roger Best - Clifford Chance

Next Generation Partners

Michael Lyons - Clifford Chance

Rising stars

Oliver Pegdon - Clifford Chance

[back to top]

Financial services: non-contentious/regulatory
Financial services: non-contentious/regulatory - ranked: tier 1

Clifford Chance

Traditionally a banking firm, Clifford Chance has become increasingly active in the asset management space and has extensive contentious and non-contentious experience. The non-contentious team, led by Christopher Bates, also has notable experience in M&A transactions involving regulated industries and entities. Simon Gleeson provides particular expertise in financial regulatory and resolution law, while Caroline Meinertz and Simon Crown specialise in strategic Brexit advice to key global financial institutions and the asset management industry. Contentious practice head Carlos Conceicao leads a team experienced in acting for corporates, asset managers, tech startups and global banks, as well as in the specialist area of Prudential Regulation Authority (PRA) investigations. Dorian Drew conducted a significant sanctions-related internal investigation for a UK-based international bank and, in an example of the firm’s multijurisdictional expertise, Roger Best advised a sovereign wealth fund on criminal and regulatory investigations relating to alleged corruption and money laundering. Also notable are Kelwin Nicholls, whose practice includes investigations into interest rate setting and advising commodities firms on market conduct issues; Michael Lyons, who advises on money laundering and bribery issues, responding to multiple authorities; and associate Oliver Pegdon, who specialises in regulatory enforcement work and related litigation.

Practice head(s):Christopher Bates

Other key lawyers:Simon Gleeson; Caroline Meinertz; Simon Crown

Testimonials

'The regulatory team at Clifford Chance is the best in class'

'Their ability to provide detailed high-quality legal advice, which is tailored to their deep understanding of business and how it operates, is first class'

'Simon Crown is always the first call on regulatory matters - especially if they are serious and need immediate attention'

'The best regulatory team in the City'

'World class advice across all asset classes'

'Owen Lysak is a leader in his field. He's an innovative thinker and trusted counsel'

'Stephanie Peacock is the future of the CC reg practice'

Work highlights

  • Working on Brexit planning and impact assessment with all key industry associations, both pre-and-post the EU Referendum.
  • Advising a range of clients on European Market Infrastructure Regulation (EMIR) implementation.
  • Advising a wide range of clients on PSD2 implementation including wholesale and private banks, authorised payment institutions, trade bodies and other corporates.
  • Act for market leading custodians in the development of initial margin platforms.
  • Advising a number of global banks on Brexit-related strategies and restructuring.
Leading individuals

Christopher Bates - Clifford Chance

Simon Crown - Clifford Chance

Simon Gleeson - Clifford Chance

Next Generation Partners

Caroline Meinertz - Clifford Chance

[back to top]

M&A: upper mid-market and premium deals, £500m+
M&A: upper mid-market and premium deals, £500m+ - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP advises high-profile clients on strategically important, and frequently cross-border, mandates. Under the leadership of Melissa Fogarty and Nigel Wellings, the M&A team regularly handles complex transactions, including joint ventures, mergers and takeovers, both through contested auctions and bilateral purchases. Global head of corporate Guy Norman continues to maintain a strong standing in the M&A market, and predominantly handles non-public domestic and overseas M&A projects for international corporates and sovereign wealth funds. The team's holistic sector approach is evidenced by a number of high-profile mandates, including advising Pfizer on its joint venture with GSK, on which Gareth Camp led the team. Camp also advised The Coca-Cola Company on its high-profile acquisition of Costa. In the consumer retail sector, David Pudge advised Booker Group on its merger with Tesco. Veteran corporate lawyer Tim Lewis has a strong track record in the UK M&A market, and has advised clients alongside Katherine Moir, who works closely with boards and general counsel and has a strong list of high-profile takeovers to her name. Steven Fox regularly handles high-value cross-border transactions, with a list of clients that includes listed corporates, investment banks and financial institutions. Amy Mahon is the only significant departure to note, having moved to Simpson Thacher & Bartlett LLP, while Simon Clinton and David Pearson retired from the partnership this year.

Practice head(s):Melissa Fogarty; Nigel Wellings

Other key lawyers:David Pudge; Katherine Moir; Gareth Camp; Steven Fox; Tim Lewis

Testimonials

'They got us over the line in style -  a fantastic job was done by everyone in the team'

'In-depth industry knowledge spanning legal, commercial and day-to-day practical issues. 

'Katherine Moir has great judgement - she'll be a market leader'

'Adrian Levy provides pragmatic legal advice of the highest quality'

'David Pudge has all the legal expertise you'd expect in abundance alongside a calm and thoughtful manner.'

Key Clients

Informa plc

Pfizer Inc

Unilever plc

Legal & General plc

CYBG plc

The Coca-Cola Company

Inmarsat plc

Lucozade Ribena Suntory Ltd

easyJet plc

ENGIE

Work highlights

  • Advised Pfizer on a consumer healthcare joint venture with GlaxoSmithKline (GSK), to create a premier global consumer healthcare company.
  • Advised NEX Group plc on its c £4bn takeover by Chicago Mercantile Exchange
  • Advised The Coca-Cola Company on its £3.9bn acquisition of Costa from Whitbread, taking control of over 4,000 retail outlets.
  • Advised CYBG as owner of Clydesdale Bank and Yorkshire Bank on its £1.7bn acquisition of Virgin Money.
  • Advised Inmarsat on an unsolicited takeover approach from US rival Echostar valued at £3.2bn
Leading individuals

David Pudge - Clifford Chance LLP

Guy Norman - Clifford Chance LLP

Melissa Fogarty - Clifford Chance LLP

Steven Fox - Clifford Chance LLP

Tim Lewis - Clifford Chance LLP

Next Generation Partners

Gareth Camp - Clifford Chance LLP

Katherine Moir - Clifford Chance LLP

[back to top]

Private equity: transactions ‚Äď high-value deals (¬£250m+)
Private equity: transactions ‚Äď high-value deals (¬£250m+) - ranked: tier 1

Clifford Chance LLP

The 'high-quality specialists and corporate leaders' in¬†¬†Clifford Chance LLP's private equity (PE) department offer¬†¬†joined up delivery across multiple jurisdictions, according to clients. In addition to a regular stream of buyout work for high profile houses, the group also handles secondaries, portfolio company acquisitions and growth capital and emerging market transactions. Its client list includes major international PE houses, such as Blackstone and KKR, as well as newer entrants to the PE sector and portfolio companies. One high-profile highlight saw real estate sector head¬†Adrian Levy¬†and Spencer Baylin¬†advise¬†Network Rail on its ¬£1.5bn sale of a commercial real estate portfolio to Telereal Trillium and Blackstone Property Partners. Meanwhile, practice head¬†Jonny Myers¬†advised Cinven on its ‚ā¨1.2bn acquisition of AXA Life Europe from AXA as part of its buy-and-build programme. Christopher Sullivan¬†is also highly recommended.¬† Amy Mahon¬†departed for Simpson Thacher & Bartlett LLP¬†in November 2018 - the same year that infrastructure specialist Brendan Moylan left for Latham & Watkins.

Practice head(s):Jonny Myers

Other key lawyers:Spencer Baylin; Simon Tinkler; Nigel Wellings; Christopher Sullivan

Testimonials

'A wide range of capabilities in a one-stop shop; just what you would expect from a magic circle firm'.

'A complete offering providing excellent and commercially sound advice. Our business has complete confidence in the advice provided, because of the team's unparalleled experience'.

'Spencer Baylin is a standout; he works extremely hard, is very user-friendly, pragmatic and level-headed and has especially strong judgement. He is also a real pleasure to work with and opposite'.

'Simon Tinkler is head and shoulders above our other professional advisers for his sound judgement, experience and calm leadership. It's a given that he know pretty much everybody in the PE industry'.

Key Clients

Actis

Blackstone

CDC

CD&R

Cinven

CVC Capital Partners

EQT

KKR

Partners Group

Permira

Work highlights

  • Advised global private markets investment manager, Partners Group on parallel acquisitions of (i) Megadyne Group ("MD"), a leading manufacturer of power transmission belts, from Astorg and (ii) Ammeraal Beltech ("AB"), a global leader in lightweight process and conveyor belting, from Advent International.
  • Advised Cinven on the acquisition of AXA Life Europe from AXA.
  • Advised CD&R on the proposed acquisition of MRH, the U.K.’s largest petrol station and convenience retail operator.
  • Advised Cinven on the acquisition of JLA, a leading critical asset supply and services business for laundry, catering and heating in the UK from Hg Capital.
  • Advised Permira, the global private equity firm, on its acquisition of the Service Provider Video Software Solutions (SPVSS) business (formerly known as NDS) from Cisco.
Next Generation Partners

Christopher Sullivan - Clifford Chance LLP

[back to top]

VAT and indirect tax
VAT and indirect tax - ranked: tier 2

Clifford Chance LLP

The team at Clifford Chance LLP leads the field in real estate tax, but it also serves clients in a number of other areas, including financial services, consumer goods and retail, energy, healthcare and TMT. As well as advisory services, the department works closely with the firm's tax litigation department, enabling it to handle the spectrum of tax disputes. VAT expert David Saleh leads the team and specialises in UK and international tax structuring.

Practice head(s):David Saleh

Other key lawyers:Edward Page; Simon Corzberg

Testimonials

'Excellent VAT expertise and balance of skills across the team. This combined with their breadth of experience enables them to provide value-added advice on both disputes and advisory projects.'

'Simon Corzberg has excellent VAT technical skills.'

Leading individuals

David Saleh - Clifford Chance LLP

[back to top]

London: Crime, fraud and licensing

Fraud: civil
Fraud: civil - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP's most high-profile recent work has been its role defending Autonomy founder Mike Lynch against the multibillion-pound claim brought by Hewlett-Packard over its ill-fated acquisition of the UK software firm in 2011. The magic circle firm advises clients on a wide range of civil fraud-related matters, including asset tracing, interim relief, regulatory investigations, enforcement, cross-border investigations and corruption. Clients - which can also draw on the firm's internal forensic accounting team - include financial institutions, private equity firms and sponsors and other premium corporates. Commercial litigator Matthew Scully heads the team and is described as 'a very calm and responsible presence' when handling international disputes and recovery litigation for multinational corporations.

Practice head(s):Matthew Scully

Other key lawyers:Roger Best; Jeremy Kosky; Maxine Mossman; Kelwin Nicholls; Christopher Yates; Claire Freeman; Roger Leese

Testimonials

'Top class firm - wide expertise in all areas of law. Always sensible.'

'Matthew Scully is a very calm and responsible presence. Just what is needed in stressful fraud litigation.'

Key Clients

Mike Lynch, Founder of Autonomy

Apax Partners

Russian respondent to a freezing injunction application

Telecommunications company with operations in Africa

Russian railcar leasing business

Electronics Company

Work highlights

  • Representing Autonomy founder Michael Lynch in defence of fraud claims totalling £3.4bn brought by Hewlett-Packard after its £7bn acquisition of Autonomy in 2011.    
  • Acted for eight respondents in a High Court claim brought by the joint liquidators of a telecoms company against 47 respondents, including two of the largest international private equity firms.
  • Acting for a Russian respondent in relation to a freezing injunction application.
  • Representing a defendant company in a novel claim relating to an alleged distributed denial of service attack on a telecoms company with operations in Africa.
  • Advised a client on issues arising from the misuse of confidential information and a conspiracy between management and investors to cause loss, involving two arbitrations in the The London Court of International Arbitration and litigation in four jurisdictions.  

[back to top]

London: Dispute resolution

Banking litigation: investment and retail
Banking litigation: investment and retail - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's 'very thorough and well organised practice' is highly rated for its disputes expertise in financial products, derivatives, LIBOR rate setting, Forex manipulation, credit default swaps and and aircraft financing. It acted for Kaupthing Bank in high-profile claims of unlawful means conspiracy and malicious prosecution, which were brought by the Tchenguiz brothers against the collapsed Icelandic bank, Kaupthing, among others (including Grant Thornton and a former member of Kaupthing's winding-up committee). Ian Moulding leads the London-based banking litigation team, Helen Carty heads up the litigation and dispute resolution practice, and Matthew Newick is global dispute resolution head. Other highly rated partners include Roger Best, who has a strong track record of handling highly complex banking disputes, Simon Davis, widely respected for major banking litigation and investigation matters that frequently have international elements, Kelwin Nicholls, who acts in a range of litigation and contentious regulatory matters for banks, and Christopher Yates, who is particularly noted for finance disputes that have cross-border elements involving investments in developing economies. Kate Scott was made partner in 2019 and the senior associate to note is Lindsay Bickerton.

Practice head(s):Ian Moulding

Other key lawyers:Roger Best; Helen Carty; Simon Davis; Matthew Newick; Kelwin Nicholls; Christopher Yates; Kate Scott; Lindsay Bickerton

Testimonials

'The team does its research well, with huge attention to detail in preparing cases for trial.'

Key Clients

Bank of America

BNP Paribas

Citi

Credit Suisse

Deutsche Bank

HSBC

ICBC Standard Bank

ING

Morgan Stanley

RBS

S&P Global

Work highlights

  • Advised S&P Global in claims brought by investors in multiple jurisdictions further to the financial crisis, including eight sets of representative proceedings brought by various investors in Australia in relation to synthetic collateralised debt obligations.
  • Defended Deutsche Bank against a €800m-plus claim that was brought by Dutch housing association Vestia in relation to derivatives transactions.
Leading individuals

Helen Carty - Clifford Chance LLP

Ian Moulding - Clifford Chance LLP

Matthew Newick - Clifford Chance LLP

Roger Best - Clifford Chance LLP

Simon Davis - Clifford Chance LLP

Next Generation Partners

Kate Scott - Clifford Chance LLP

Rising stars

Lindsay Bickerton - Clifford Chance LLP

[back to top]

Commercial litigation
Commercial litigation - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's 'highly dedicated and resourceful team is a real pleasure to work with. It has everything - very experienced seniors and capable juniors; knowledge, resources and a professional attitude'. It regularly acts in high-profile matters involving reputational issues and the team's cases are typically cross-border. In a landmark Supreme Court decision on contractual penalty clauses, Julian Acratopulo led advice to Talal El Makdessi on his dispute with a WPP subsidiary, marking the first time the UK Supreme Court has considered the penalties doctrine in over 100 years. Jeremy Kosky is head of commercial litigation and Helen Carty is litigation and dispute resolution head. Other practitioners to note are Philip Hill, Roger Leese, Jeremy Sandelson, Maxine Mossman, Kelwin Nicholls, Matthew Scully and Christopher Yates. Simon Davis became the new president of the Law Society in July 2019.

Practice head(s):Jeremy Kosky; Helen Carty

Other key lawyers:Julian Acratopulo; Philip Hill; Roger Leese; Jeremy Sandelson; Maxine Mossman; Kelwin Nicholls; Matthew Scully; Christopher Yates; Simon Davis

Testimonials

'Reliable, thorough, hardworking and leave no stone unturned when looking for the answer to a problem. Importantly, they are also a fun, harmonious and friendly team - every other firm has some of these attributes but none have it all'.

'Highly skilled and always available.'

'Philip Hill is probably the brainiest commercial solicitor in London and a top choice for any really difficult case. He is superb with clients and a superb team leader. He is also an outstanding tactician'.

'Julian Acratopulo is very able, very clever and very tough. Clients don’t want him on the other side, as they know it’s going to hurt'.

'Jeremy Sandelson has excellent client-handling skills and is a great tactician'.

'Jeremy Kosky is cool, calm and unflappable.'

'Simon Davis is a strategist with incredible experience'.

'Maxine Mossman has the rare capacity to be on top of every detail of a complex case while at the same time not letting the detail interfere with the bigger picture'.

'Chris Yates is a superb litigator - the complete package'.

Key Clients

Pfizer

Actis

The Raytheon Company

General Electric

News Corp

Apax Partners

BT

Airbus

Dr Mike Lynch

Permira

Work highlights

  • Advises a client on an ongoing basis in relation to disputes that arise from the supply of aircrafts.
Leading individuals

Helen Carty - Clifford Chance LLP

Jeremy Kosky - Clifford Chance LLP

Julian Acratopulo - Clifford Chance LLP

Jeremy Sandelson - Clifford Chance LLP

Simon Davis - Clifford Chance LLP

Next Generation Partners

Chris Yates - Clifford Chance LLP

[back to top]

Competition litigation
Competition litigation - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP‚Äôs antitrust litigation department garners praise in the market for its ‚Äėunrivalled ability to handle high-value and highly complex contentious matters‚Äô. The department‚Äôs strong litigation capabilities are evidenced by its work on investigations and damages claims relating to cartels and abuses of a dominant position. The ‚Äėsimply amazing‚Äô Elizabeth Morony¬†heads up the firm global antitrust litigation group and is advising multiple high-profile clients in the financial services sector. Luke Tolaini¬†is adept at representing clients during regulatory investigations and contentious matters, placing a particular emphasis on the pharmaceutical industry. Examples include Tolaini's role leading an international team acting for Pfizer on its appeal before the Competition Appeal Tribunal against the CMA's decision regarding the client‚Äôs alleged abuse of dominance through excessive pricing of anticonvulsant drug phenytoin sodium capsules in the UK. Senior associate Ben Jasper¬†is also recommended.

Practice head(s):Elizabeth Morony

Testimonials

'Clifford Chance is the ultimate one-stop shop for big-ticket litigation'

'Team members are capable and experienced, and have strong litigation expertise'

'Elizabeth Morony provides a very safe pair of hands'

'Luke Tolaini is a very seasoned and sophisticated lawyer, standing out for his in-depth insight into litigation that arises in connection with regulatory matters'

'Senior associate Ben Jasper is a star in the making'

Key Clients

Pfizer Inc.

Pfizer Ltd.

Xellia Pharmaceuticals

Alpharma

Work highlights

  • Acted for Pfizer on its successful appeal against the CMA's excessive pricing decision regarding the client's alleged abuse of dominance by charging excessive  prices for phenytoin sodium capsules.
  • Acting for a bank in defence of a claim brought by the Federal Deposit Insurance Company on behalf of 39 closed US banks against a number of banks and the British Bankers' Association.
  • Acting for a bank in relation to the CMA's investigation into suspected anti-competitive arrangements in the financial services sector.
  • Acting for a defendant company in litigation relating to the CRT/CRT glass cartel fined by the European Commission.
  • Representing Xellia Pharmaceuticals and Alpharma on its appeal to the Competition Appeal Tribunal against the CMA's decision regarding the antidepressant paroxetine drug investigation.
Leading individuals

Elizabeth Morony - Clifford Chance LLP

Rising stars

Ben Jasper - Clifford Chance LLP

[back to top]

International arbitration
International arbitration - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP is well known for acting in complex and high-value commercial and investment-treaty arbitrations for global corporations and financial institutions. The team recently assisted with several arbitrations under shareholder and finance agreements and construction contracts, and working closely with the firm's Perth and Warsaw offices, it also has a significant investment treaty practice. Audley Sheppard QC is the global co-head of international arbitration and also leads the investment treaty practice; Alex Panayides heads the global dispute resolution practice for the oil and gas and construction sectors; and Rob Lambert has particular expertise in the energy, infrastructure, defence and telecoms sectors. Also key to the team are Marie Berard and Jessica Gladstone.

Practice head(s):Audley Sheppard QC

Other key lawyers:Alex Panayides; Rob Lambert; Marie Berard; Jessica Gladstone

Key Clients

Shell

Equinor

EDF

Hyundai Heavy Industries

Raytheon Systems

Work highlights

  • Defended a consortium of international oil companies in a London ICC arbitration, which involved allegations of fraudulent misrepresentation and breach of contract in relation to the sale of an oil mining licence in Africa.
Leading individuals

Audley Sheppard QC - Clifford Chance LLP

Rob Lambert - Clifford Chance LLP

Next Generation Partners

Jessica Gladstone - Clifford Chance LLP

[back to top]

Public international law
Public international law - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP has significant bench strength in international investment arbitration, as well as in complex and politically sensitive issues in the field of public international law; its team has recently advised on claims to self-governance by constituent territories within states and the application of human rights law within territories under occupation. The practice has also seen a growth in Brexit-related instructions, such as advising on the implications of restrictions on foreign investment; alternative EU membership models; and inbound and outbound trade-law issues post-Brexit. Recent work for practice heads Audley Sheppard and Rae Lindsay includes acting for the claimants in substantial investment treaty proceedings against various states; advising on issues arising in territories in conflict and/or under occupation; and assisting with matters concerning human rights law. Jessica Gladstone advises corporate clients, international organisations and states on WTO rules (including state aid rules and subsidies issues), as well as on international sanctions.

Practice head(s):Audley Sheppard, Rae Lindsay

Key Clients

Invenergy Renewables

Arrowhead Resources Limited

Work highlights

  • Acting for Invenergy Renewables LLC in an UNCITRAL arbitration against Poland relating to the wind energy sector and concerning several contracts concluded with state̴-owned companies and regulatory changes to the support scheme for wind energy investments.
  • Acting for Arrowhead Resources Limited in an ICSID investment dispute with the Arab Republic of Egypt arising under the Australia-Egypt BIT.
  • Advising a large number of clients across various sectors (such as financial institutions, mining, oil and gas, telecoms, sports and transport) on the applicability and effect of the Modern Slavery Act, which introduced a new transparency/reporting requirement on large commercial organisations, often operating on a global basis.
  • Advising a number of large EU and non-EU financial institutions, corporates and financial investors in the UK, Europe and beyond on the implications of the Brexit vote. Recent mandates include advising on WTO scenarios, and trade law issues across Europe in a post-Brexit context.
Leading individuals

Rae Lindsay - Clifford Chance LLP

Next Generation Partners

Jessica Gladstone - Clifford Chance LLP

[back to top]

Tax litigation and investigations
Tax litigation and investigations - ranked: tier 2

Clifford Chance LLP

The 'exceptionally bright and responsive' team at Clifford Chance LLP is able to handle domestic, international and cross-border tax investigations and litigation for a range of corporates, financial institutions and investment funds, with particular expertise in indirect tax and VAT disputes. The group is jointly led by veteran contentious tax lawyer David Harkness, Dan Neidle (whose clients include major financial institutions) and real estate tax specialist David Saleh.

Practice head(s):David Harkness; Dan Neidle; David Saleh

Testimonials

'The team at Clifford Chance is second to none in terms of its intellectual ability, diligence and client care skills'

'Dan Neidle is an outstanding partner. What distinguishes him from the rest is his forensic mind, combined with a pragmatism valued by clients'

'David Harkness has impressive analytical skills, but most importantly, he brings critical and independent thinking to the table that is extremely valuable'

Work highlights

  • Acting for a leading international investment bank on a large and complex transfer pricing dispute
  • Advising an iconic UK PLC on a contentious matter with HMRC, involving forensic analysis of complex legislation and its application to historic planning
  • Acting for a leading international investment bank on a dispute over a  substantial amount of VAT
Leading individuals

David Harkness - Clifford Chance LLP

[back to top]

London: Finance

Acquisition finance
Acquisition finance - ranked: tier 1

Clifford Chance LLP

Benefiting from strong ties with banks, private equity sponsors and corporates,¬†Clifford Chance LLP¬†has an excellent perspective from both the lender and borrower side across the spectrum of the capital structure. With huge resources in London, and also able to call upon the expertise of a vast reservoir of talent across the firm's international network of offices, the team excels in advising on big-ticket cross-border mandates. Recent highlights include¬†Taner Hassan's representation of Weener Plastics, a 3i portfolio company, on the ‚ā¨335m Term Loan B¬†and ‚ā¨75m revolving credit facilities provided to refinance debt and support its acquisition of Latin American packaging provider Proenfar.¬†Michael Bates' infrastructure-related leveraged finance expertise was recently exemplified by his work for Macquarie Infrastructure and Real Assets on the financing (one of the largest Term Loan B financings since the financial crisis) of the take-private of Danish telecoms operator TDC. The 'technically strong'¬†Emma Folds¬†is 'focused on representing lenders' and is a key member of the team that also includes the 'superb'¬†Charles Cochrane.

Practice head(s):Charles Cochrane; Emma Folds

Other key lawyers:Michael Bates; Taner Hassan; James Butters; Andrew Husdan; Peter Dahlen; James Boswell

Key Clients

Citigroup

Jaguar Land Rover

EQT

Bank of America Merrill Lynch

Apera Capital

HSBC

Maersk

Deutsche Bank

Cinven

Macquarie

Work highlights

  • Advising a consortium formed by Macquarie and Danish pension funds ATP, PKA and PFA on the financing for the approx €8.88bn take private of TDC, the Danish telecoms operator.
  • Acting for Morgan Stanley and UBS as the global coordinators and mandated lead arrangers in relation to the £3.5bn term facilities and £550m add-on to an existing £1.45bn revolving credit facility for Sainsbury's in connection with its £7.3bn merger with ASDA.
  • Advising sponsor EQT in relation to the €765m equivalent Term Loan B and €100m revolving credit senior facilities and €230m equivalent privately placed second lien financing relating to the acquisition by EQT, and co-investor Canadian pension fund PSP Investments, of Azelis, the Belgium-based distributor of speciality chemicals and food ingredients.
  • Advising sponsor Cinven on the cov-lite first lien and second lien credit facilities to finance the acquisition of JLA, the UK asset supply and services business providing laundry, catering and heating solutions.
  • Advising Weener Plastics, the German plastic packaging group owned by 3i group, on €335m million Term Loan B and €75m revolving credit facilities refinancing debt and supporting its acquisition of Latin American packaging provider Proenfar, headquartered in Colombia.
Leading individuals

Charles Cochrane - Clifford Chance LLP

Emma Folds - Clifford Chance LLP

Michael Bates - Clifford Chance LLP

Taner Hassan - Clifford Chance LLP

[back to top]

Bank lending: investment grade debt and syndicated loans
Bank lending: investment grade debt and syndicated loans - ranked: tier 1

Clifford Chance LLP

The 'commercial and responsive' team¬†at¬†Clifford Chance LLP¬†has the critical mass and geographical footprint to be able to handle a tremendous flow of syndicated lending transactions for major banking institutions including Citigroup and Bank of America Merrill Lynch, in the context of general corporate lending, as well as on high-profile acquisition finance matters.¬†Nicola Wherity¬†is recognised as a 'trusted adviser' and recently acted for lenders on separate multi-billion corporate loans for Nestle and Telefonica. Praised for his 'willingness to go the extra mile to deliver',¬†David Robson¬†continues to garner an impressive reputation in the market for many of the leading investment banks, as a result of his 'grasp of complex matters' which includes public-to-private M&A financings.¬†Jim MacHale¬†has an excellent reputation across both corporate loans and acquisition financings, and is another integral member of the team that also includes the 'superb'¬†Michael Bates¬†¬†‚Äď whose expertise includes a niche focus on infrastructure acquisition financings as well as corporate lending work.

Practice head(s):Charles Cochrane; Emma Folds

Other key lawyers:Michael Bates; Jim MacHale; Nicola Wherity; Emma Folds; Karen Hodson; David Robson; Nicholas Kinnersley

Testimonials

'Excellent understanding of a client's business and requirements.'

'Exceptionally commercial approach to negotiation, very committed to delivering to deadlines and early warning if there will be fee overruns.'

'Highly experienced firm, a lot of capabilities and trust them to deliver a deal.'

'David Robson has an excellent grasp on conflicting party views and the commercial impact of positions.'

'Emma Folds is very diligent and never drops the ball.'

'Nicola Wherity delivers on each deal.'

Key Clients

Citigroup

Jaguar Land Rover

EQT

Bank of America Merrill Lynch

Apera Capital

HSBC

Maersk

Deutsche Bank

Cinven

Macquarie

Work highlights

  • Acting for OCI N.V., the Dutch Natural gas fertilisers and chemicals producer listed on Euronext Amsterdam, in connection with its refinancing, consisting of $650m and €400m senior secured notes and $1.1bn senior secured credit facilities. This was transformational for OCI Group, combining a large debut high yield issuance with a major refinancing and up-size of its corporate facilities agreement in connection with a comprehensive rationalisation of the Group's financing structure.
  • Acting for the mandated lead arrangers on the $3.8bn term and bridge facilities and $1bn revolving facilities for the acquisition by Bacardi of premium tequila maker Patron.
  • Advising the mandated lead arrangers in relation to the €1.8bn equivalent cov-lite Term Loan B and revolving credit facilities refinancing debt of frozen foods and ice cream company Froneri. Froneri is a joint venture between Nestle and R&R Ice Cream (owned by PAI Partners).
  • Acting for the mandated lead arrangers in relation to a new one-year €6.5bn (equivalent) revolving credit facility for Swiss food giant Nestle and advising the lenders in relation to an extension option exercised by Nestle in tandem, extending the maturity of an existing €4.5bn facility.
  • Advising the mandated lead arrangers in relation to a €5.5bn revolving credit facility for Telefonica. This financing amended and brought together two existing syndicates and facilities and with an extremely large lending syndicate, and the loan required careful management and co-ordination.
Leading individuals

Jim MacHale - Clifford Chance LLP

Michael Bates - Clifford Chance LLP

Nicola Wherity - Clifford Chance LLP

Next Generation Partners

David Robson - Clifford Chance LLP

[back to top]

Corporate restructuring & insolvency
Corporate restructuring & insolvency - ranked: tier 1

Clifford Chance LLP

Able to leverage the firm's robust banking ties and 'successfully forging strong relationships with funds clients', Clifford Chance LLP's five-partner team has been particularly active of late advising on the creditor side of big-ticket domestic and cross-border restructurings. 'Class act' Philip Hertz is active for a range of stakeholders across restructuring and insolvency matters, and alongside the 'outstanding' John MacLennan recently advised HSBC Bank and Industrial and Commercial Bank of China on the restructuring, short-term financing and, ultimately, administration of House of Fraser.  The 'superb' Iain White  has a versatile practice for both creditors and debtors and is a key member of the team that also includes the 'excellent' David Towers, who has a particular focus on the representation of alternative lenders.

Practice head(s):Philip Hertz

Other key lawyers:Adrian Cohen; John MacLennan; Iain White; David Towers

Testimonials

'The firm provides a user-friendly service which draws upon high-quality advice from a number of legal disciplines.'

'John MacLennan is pragmatic and proactive.'

Key Clients

The Co-operative Bank

Angelo Gordon

PIMCO

HSBC

OTAS

BNP Paribas

Credit Suisse

Mizuho

RBS

Barings

Deutsche Bank

ING

Work highlights

  • Advised HSBC Bank and Industrial and Commercial Bank of China (London Branch) on the restructuring, short-term financing and, ultimately, administration of House of Fraser.
  • Acted for the lenders to Edcon Limited, South Africa's largest retailer, on its restructuring.
  • Advising Deutsche Bank on the complex cross-border restructuring of Noble Group.
  • Acted for the co-ordinating committee of lenders to the Innovation Group in the negotiation of a debt for equity swap and financial restructuring of the group's indebtedness.
  • Advising the bank co-ordinating committee on the high-profile potential restructuring and recapitalisation of Nyrstar, a Belgian listed/Swiss headquartered zinc manufacturing company with smelting and mining operations in Europe, Australia, Canada, the Nordics, and the US.
Leading individuals

Iain White - Clifford Chance LLP

Philip Hertz - Clifford Chance LLP

Next Generation Partners

David Towers - Clifford Chance LLP

[back to top]

Debt capital markets
Debt capital markets - ranked: tier 1

Clifford Chance LLP

The debt capital markets practice at Clifford Chance LLP is among a select group of firms with a long history at the forefront of capital markets developments across Europe. It has 'a strong team with technical expertise and capable lawyers, and good coverage of both industry sectors and geographies'. Its diverse client base encompasses major banks, corporates, governments and supranational organisations, as well as multilateral lenders and international financial institutions. Simon Sinclair leads the practice, which counts seasoned partners and up-and-coming talent in all areas of the market. John Connolly leads on US securities law advice including Rule 144A offerings, private placements and Regulation S issuance. Clare Burgess is experienced in capital markets financings, private placements and loans, with a particular focus on the infrastructure sector. 'Truly exceptional lawyer and trusted adviser' David Bickerton handles infrastructure financings across the EMEA region for funders, issuers, guarantors, sponsors and governments. David Dunnigan advises sovereigns, supranationals, major corporations and financial institutions on all aspects of debt. Newly promoted partner Kate Vyvyan handles debt issuance, debt capital markets, regulatory capital and liability management transactions for both issuers and underwriters.

Practice head(s):Simon Sinclair

Other key lawyers:David Bickerton; Clare Burgess; Per Chilstrom; John Connolly; Paul Deakins; David Dunnigan; Kate Vyvyan

Testimonials

'The team is truly outstanding; we rely on it 100% and it always comes through for us'.

'This team really understands what we are trying to achieve and is truly adept at steering a course past counterparties who are adversarial, avoiding unnecessary spats'.

'David Bickerton is highly experienced, combining strong technical skills with commercial understanding and a pragmatic approach. He really understands what we do and is proactive in identifying issues for us'.

'The firm excels in debt capital markets, with excellent engagement and responses from partners and good knowledge at the associate level'.

'David Dunnigan is always very responsive - a market leader'.

'Kate Vyvyan is well deserving of her recent partnership; she is a trusted and very safe pair of hands'.

'Eric Green is superb; it cannot be long before he earns the partnership he so deserves'.

Key Clients

Bank of America Merrill Lynch

Global Infrastructure Partners

Maxima Grupe

Santander Poland

Morgan Stanley & Co. International Plc

BNP Paribas

Goldman Sachs

Deutsche Bank

Heimstaden Bostad AB (publ)

AB Sagax (publ)

Citigroup Global Markets Limited

Provident Financial Plc

Informa

Work highlights

  • Advised Bank of America Merrill Lynch and the other managers on the issuance of a $500m non-dilutive cash settled convertible bond by Glencore.
  • Advised Global Infrastructure Partners, the New York-headquartered independent infrastructure fund manager, on its acquisition from Orsted of a 50% interest in the Hornsea offshore wind project for approximately £4.4bn.
  • Handled the debut issuance by Maxima Grupe of €300m 3.250% notes due 2023 under its €1bn EMTN programme.
  • Acted for the arranger in establishing the EMTN programme for Santander Poland.
  • Acted as counsel to the dealers in connection with the issuance by Logicor, the largest direct owner of logistics property in Europe, of three tranches of senior unsecured guaranteed notes in aggregate value of €1.8bn.
Leading individuals

Clare Burgess - Clifford Chance LLP

David Bickerton - Clifford Chance LLP

David Dunnigan - Clifford Chance LLP

John Connolly - Clifford Chance LLP

Paul Deakins - Clifford Chance LLP

Simon Sinclair - Clifford Chance LLP

Next Generation Partners

Kate Vyvyan - Clifford Chance LLP

[back to top]

Derivatives (including commodities)
Derivatives (including commodities) - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP has a strong bench of practitioners, many of whom are recognised as leaders in the field. Among them are co-heads of the London derivatives and structured products group Andrew Coats and Paget Dare Bryan, whose broad practices cover repackaging programmes, derivatives, structured securities, retail-targeted securities offerings, credit derivatives and margin lending, structured repo and securities lending, derivatives related disposals and fund or asset management related derivatives projects. Among the others are veteran practitioner Habib Motani and Jessica Littlewood , who handles ISDA-based OTC derivative transactions, including interest and currency hedging for securitisation, covered bond and secured financing transactions, as well as repos and securities lending transactions. Timothy Cleary who is 'great, very thorough and hands-on, especially in synthetic reg cap trades'and Anne Drakeford ,whose practice covers a full range of financial market products and transactional securities, including OTC fixed income and equity based derivatives, are also well-regarded. The firm's combined expertise spans the complete spectrum of asset classes involving structured finance, securitisation and derivatives, as well as innovative area such as fintech.

Practice head(s):Andrew Coats; Paget Dare Bryan

Other key lawyers:Habib Motani; Jessica Littlewood; Timothy Cleary; Anne Drakeford; Will WInterton

Key Clients

Prudential Plc

Credit Suisse

Close Brothers

Investec

HSBC

Blackstone Group

Bank of America Merrill Lynch

Leading individuals

Andrew Coats - Clifford Chance LLP

Habib Motani - Clifford Chance LLP

Jessica Littlewood - Clifford Chance LLP

Paget Dare Bryan - Clifford Chance LLP

Timothy Cleary - Clifford Chance LLP

[back to top]

Emerging markets
Emerging markets - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP has a standout finance practice in London that brings together significant expertise in banking, capital markets, project finance, commodity and trade finance, structured finance, securitisation and derivatives. It acts for corporates and financial institutions in complex emerging markets transactions, notably in Africa, India and Latin America, although its London team works closely with the firm's Moscow office on deals in Russia, the CIS and the CEE. Leonard Cleland  is a leading light in emerging market and has particular expertise in structured trade finance. Debt capital markets is a key pillar of the firm's work, with high yield specialist Michael Dakin frequently handling issuance in North Africa and other emerging markets. DCM specialists David Dunnigan, who handles sovereign debt issuance, and US securities partners John Connolly play key roles in the practice. Jeremy Connick is a leading light in the energy, natural resources and infrastructure market.  Russell Wells, banking partner in Clifford Chance's London office, is also recommended.

Leading individuals

Jeremy Connick - Clifford Chance LLP

Leonard Cleland - Clifford Chance LLP

[back to top]

High yield
High yield - ranked: tier 2

Clifford Chance LLP

Clients of the 'committed, hardworking and knowledgeable' high yield practice at Clifford Chance LLP praise its 'expertise, level of commitment and professionalism - the team is always available and has a deep knowledge of the market'. Sadly, key partner Fabio Diminich passed away in late 2018. Practice head and high yield specialist Michael Dakin, who has extensive experience advising private equity sponsors, issuers and underwriters on high yield debt and leveraged finance transactions in Europe, the United States and Asia, now works alongside new promoted partner Andrew Kelly, who has practiced in London, New York, Hong Kong and Dubai, and frequently acts for sponsors, corporates and underwriters. The practice is known for handling innovative and complex transactions, which in 2018 included one of the largest and most successful public-to-private (P2P) transactions financed with high yield notes, and the largest ever Euro issuance by a debut issuer.

Practice head(s):Michael Dakin

Other key lawyers:Andrew Kelly

Testimonials

"The team provides consistent performance from Upbeat problem solvers who offer good advice and knowledge on structures and timetables."

"Michael Daikin has strong communication and networking skills. He brings people together."

"The team is attentive, knowledgeable, client-focused, pro-active and detail-oriented. In other words, everything that one would expect of a law firm and the perfect sort of adviser to have alongside oneself or across the table."

"Michael Dakin is not only a pleasure to work with, he is exceptionally strong at the simple stuff, the complicated stuff, and everything in between."

"The firm has an international platform with deep market knowledge."

 

"Each of the members of the team has given the appropriate advice and guidance that allow the decision takers have more visibility on the strategy to follow during roadshows and placement. The experience and knowledge of the market is definitely a differentiation factor."

"Michael Dakin is a strong leader and an excellent lawyer, having critical commercial thinking and understanding of legal intricacies."

"Great market knowledge with the ability to convert knowledge to benefit of our company."

"An experienced and dedicated team focused on delivery and the quality of the final output."

Key Clients

TDC

OCI N.V.

Morgan Stanley & Co. International plc

BNP Paribas

Goldman Sachs

Deutsche Bank

Merrill Lynch International

EQT

Maxima Grupe UAB

Work highlights

  • Advised the consortium comprised of Macquarie Infrastructure and Real Assets (MIRA) and Danish pension funds that acquired TDC, the Danish telecommunications incumbent, in connection with the acquisition financing consisting of €1.4bn equivalent Senior Notes due 2023 in both Euro and dollar tranches.
  • Advised OCI, a leading global producer and distributor of natural gas-based fertilizers and industrial chemicals, on its $1.15bn senior secured bond issuance and $1.1bn Senior Secured Credit Facilities.
  • Advised on the issuance by Logicor, the largest direct owner of logistics property in Europe, of three tranches of senior unsecured guaranteed notes in aggregate value of €1.8bn.
  • Acted as counsel to the initial purchasers in connection with the issuance by Getlink SE, a key player in mobility infrastructures and international transport and a leader in eco-responsible transport that, among other things, is the holding company of the manager and operator of the Channel Tunnel between UK and France, of €550m of its 3.625% senior secured notes.
  • Advised on the debut bond issuance by Blackstone Property Partners Europe of €600m guaranteed notes under its newly established €5bn EMTN programme, as counsel to the underwriters, Morgan Stanley & Co. International plc and Merrill Lynch International.
Leading individuals

Michael Dakin - Clifford Chance LLP

Next Generation Partners

Andrew Kelly - Clifford Chance LLP

[back to top]

Islamic finance
Islamic finance - ranked: tier 3

Clifford Chance LLP

Clifford Chance LLP's Islamic finance team is spread primarily across the firm's Dubai and Abu Dhabi offices, though the London office has also played a role in the firm's wider Islamic finance offering. Contacts in London include Leonard Cleland and Habib Motani , who moved into a consultant role in 2019.

Other key lawyers:Leonard Cleland; Habib Motani

[back to top]

Structured products and securitisation
Structured products and securitisation - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's structured debt practice is at the forefront of market developments and is involved in the most significant transactions. The firm has one of the largest structured finance, securitisation and derivatives practices of any global law firm and is home to recognised leaders in their field. Practice head Kevin Ingram is on the Executive Committee of the Securitisation Division of The Association for Financial Markets in Europe (AFME) and focuses on securitisation, principal finance, asset-backed commercial paper conduits, structured repackagings and secured lending. Stephen Curtis is a leading light for structured debt financings in the infrastructure, utilities and real estate sectors. Jessica Littlewood is a market leader in synthetic securitisation for banks and financial investors. Christopher Walsh is recommended for covered bonds and securitisations, which in 2018 included the first shari'ah-compliant bond backed by UK mortgages.The firm is particularly strong in establishing secured corporate lending platforms involving the use of securitisation techniques, and  European business and portfolio disposal work. It also handles transactions involving fintech, including the first European securitisation by Funding Circle. Newly promoted partner Will Winterton  is highly active in CAT bonds.

Practice head(s):Kevin Ingram

Other key lawyers:Stephen Curtis; Andrew Forryan; Emma Matebalavu; Christopher Walsh; Timothy Cleary; Simeon Radcliff; Maggie Zhao; Jessica Littlewood; Will Winterton

Testimonials

'In bank regulatory capital securitisations, Clifford Chance has an overwhelming market share and is, therefore, de facto the market standard. Because this field is evolving quickly based on constant changes in regulators and regulatory interpretation of the rules, there is a huge competitive advantage for a law firm in having a larger share of the market as they are constantly up-to-date on regulatory treatment of these transactions.'

"Jessica Littlewood is always available. Because she has been involved in bank capital securitisations since the inception of the market, and has probably more than 80% market share, she is the leading authority on the topic."

"Emma Matebelavu is a standout partner in European commercial mortgage financings."

Key Clients

Prudential Plc

Credit Suisse

Close Brothers

Investec

HSBC

Blackstone Group

Bank of America Merrill Lynch

Work highlights

  • Acted as international counsel for PTSB as seller in the securitisation of a number of portfolios of loans classified as re-performing, with responsibility for drafting and delivery of the transaction, including the role as structuring counsel and responsibility for liaison with the ECB.
  • Advised arrangers in Al Rayan Bank's Tolkein Sukuk; the first sharia-compliant bond backed by UK mortgages and the world's largest ever Sterling Sukuk.
  • Acted for Santander as originator of synthetic securitisation of a portfolio of project finance loans.
  • Advised the arranger and lenders in relation to the establishment of the Hertz car rental securitisation in respect of English, French, Dutch, German and Spanish law.
  • Advised Barclays Bank UK plc (the ring-fenced bank) as originator in relation to its debut securitisation and first R144A US placement as a ring-fenced bank in relation to the Gracechurch Cards Programme Funding plc Series 2018-1 $650,000,000 credit card receivable backed securitisation due 2020.
Leading individuals

Christopher Walsh - Clifford Chance LLP

Jessica Littlewood - Clifford Chance LLP

Kevin Ingram - Clifford Chance LLP

Stephen Curtis - Clifford Chance LLP

Next Generation Partners

Will Winterton - Clifford Chance LLP

[back to top]

Trade finance
Trade finance - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP focuses on large and complex structured trade finance deals and its dedicated trade finance practice advises leading banks, trade and industry associations, commodity trading companies and other corporates participants on high-value and innovative transactions and regulatory matters. Its work encompasses Letters of Credit, performance bonds and bills of exchange, export finance, Islamic Finance, sanctions and much more. Leading light Leonard Cleland, who has broad experience in emerging and developing markets, from CIS, Eastern Europe to the Middle East and Africa, and Simon Williams, who specialises in domestic and cross-border financing with a focus on infrastructure assets and the emerging markets, are the standout practitioners. Together they are known for advising leading commodity houses, export credit agencies, funds and banks on high-profile and market-first deals.

Practice head(s):Leonard Cleland; Simon Williams

Key Clients

Sumitomo Mitsui Banking Corporation

ING Bank N.V.

Export Development Canada

BNP Paribas

Trafigura Pte Ltd

SACE

Deutsche Bank

UniCredit

Commerzbank

HSBC

Work highlights

  • Advising GE Capital EFS Financing, Inc.as the original lender in relation to the refinancing of a $1.6 billion term facility agreement entered into with the Ministry of Finance of the Republic of Angola for the purchase of turbine generator equipment and related services.
  • Advised HSBC and SACE on the SACE-guaranteed financing of 2x Boeing 787-8 aircraft with GE engines delivered to Biman Bangladesh Airlines between August and November 2018.
  • Advised on the successful restructuring of a combined $1.3bn of limited recourse export credit facilities relating to the project financing of the construction and operation of 5 pipe-support laying vessels on charter to Petrobras in Brazil.
  • Advised on a $250,000,000 facility to the Reserve Bank of Zimbabwe (guaranteed by the Ministry of Finance), used to acquire essential commodities and was backed by platinum receivables.
  • Acted as lead counsel and English legal advisors to a leading global bank as lead coordinating bank in connection with an unsecured uncommitted framework for bilateral trade and other banking facilities for Glencore entities in a dozen jurisdictions.
Leading individuals

Leonard Cleland - Clifford Chance LLP

[back to top]

Transport finance & leasing
Transport finance & leasing - ranked: tier 1

Clifford Chance LLP

Led by William Glaister, Clifford Chance LLP's five-partner team is best known for its 'absolutely superb' aviation finance offering, where it acts for an eclectic roster of clients, including lessors, banks, funds, export credit agencies, manufacturers and operators. 'A go-to-firm for implementing novel structuring ideas', the team remains at the cutting edge of developments in the industry, and, aided by a vast global platform, it is well-suited to the cross-border nature of many of the biggest-ticket mandates in the space. Ranbir Hunjan has advised lenders and arrangers in connection with numerous complex financings of commercial aircraft, including advising on the establishment of Airborne Capital, a new aviation leasing platform. The 'excellent' Oliver Hipperson is well versed at handling financings across both the aviation and shipping/offshore sectors, including his recent work for Maersk Drilling on the $1.55bn financing of 20 offshore drilling rigs by an Export Credit Agency (ECA)-backed term loan and revolving credit facility. Paul Carrington is recommended for his rail finance work, while senior associate Richard Evans is 'incredibly knowledgeable' in the aviation sector.

Practice head(s):William Glaister

Other key lawyers:Ranbir Hunjan; Paul Carrington; Oliver Hipperson; Antony Single; Chris Hardisty; Dominic Watts; Pete Buckley; Richard Evans

Testimonials

'A leader for aviation finance work, the firm has a large and very strong team across many jurisdictions'.

'The very knowledgeable William Glaister gets the deals done and has an almost "godlike" status in the industry'.

'Antony Single is pragmatic and solutions orientated'.

Key Clients

GE Capital Aviation Services

Investec

SMBC Aviation Capital

Deutsche Bank

Avolon

Maersk

HSBC

Goshawk Aviation Limited

Rock Rail

ING Capital

Work highlights

  • Advised Investec Bank on the transfer of a portion of its loan under a $150m warehouse facility for Nordic Aviation Capital relating to the financing of certain aircraft.
  • Advised Amedeo Capital on the acquisition of the US management subsidiary of Intrepid Aviation Holdings Group and the acquisition by Amedeo of a minority investment in Intrepid; and the acquisition by Centerbridge Partners and Reservoir Capital Group of a minority stake in Amedeo.
  • Advised Voyager Aviation Management Ireland DAC on the sale of a portfolio of eight aircraft to Castlelake, on lease to six different airlines.
  • Advised CDB Aviation on a secured portfolio financing facility for $700m, covering a fleet of 19 Airbus and Boeing aircraft.
  • Advised Rock Rail Holdings in connection with the purchase, leasing and debt financing of specific rolling stock units to support the winning operator of the East Midlands and West Coast franchise (including reviewing and commenting on bid documents provided as part of the tender process).
Leading individuals

Oliver Hipperson - Clifford Chance LLP

Ranbir Hunjan - Clifford Chance LLP

William Glaister - Clifford Chance LLP

Rising stars

Richard Evans - Clifford Chance LLP

[back to top]

London: Human resources

Employee share schemes
Employee share schemes - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP¬†fields a specialist incentives and remuneration team, which undertakes a mix of strategic advisory work and corporate support on high-end transactions. The practice is characterised by its involvement in matters with an international dimension; senior associate Becky Moore¬†has expertise in the operation of global incentives. Other notable members of the group are¬†Andrew Patterson¬†and Catrin Wright, both recent hires from Barclays Plc,¬†who have further strengthened the firm's expertise in remuneration issues in the financial services sector. Practice head¬†Sonia Gilbert¬†chairs the Financial Services Group of ifs ProShare, an industry body supporting employee share ownership. She also sits on the executive committees of two other industry bodies which help shape employee share ownership policy in the UK ‚Äď the Employee Share Ownership Centre and Share Plan Lawyers.

Practice head(s):Sonia Gilbert

Other key lawyers:Andrew Patterson; Catrin Wright; Sonia Gilbert; Becky Moore

Testimonials

'Proactive, available immediately, friendly, responsive'

'Sonia Gilbert and her team are always available, supportive and understand issues quickly'

'The team is very efficient and communicates well'

'The team is a market-leader in this field. It is fully tuned in to clients' priorities and provides technically sound, commercial advice'

'Clifford Chance is one of the leading advisers on share plans and incentives. It has a long pedigree in this space, fielding a strong team, which includes Sonia Gilbert and Andrew Patterson. It is a specialist area for them and they have an impressive stable of top tier clients. As such, they have a considerable amount of experience and are technically extremely able'

'With the arrival of Andrew Patterson and Catrin Wright, the team is now even more unique in the strength and depth of its practice, especially in its capacity to advise large financial institutions on complex remuneration matters'

'Andrew Patterson is an exceptional practitioner, who has a huge amount of practical knowledge gained from practice and from working in-house for one of the largest employee share schemes teams in London. He has gained significant expertise in best practice and practical implementation of large share plans which is evident in his approach to matters. He is a excellent share schemes lawyer who is exceptionally easy to work'

'I always feel Sonia Gilbert has her finger on the pulse, and particularly appreciate the way she is able to communicate this in a very clear and precise manner'

Key Clients

Babcock

HSBC

Informa

Macquarie

Meggitt

RBS

RPC Group

Siemens

The Co-Operative Bank

Wells Fargo

Work highlights

  • Advised NEX on the incentives aspects of its high-profile £3.9bn acquisition by CME.
  • Advised Informa on incentives issues affecting employees around the world in the context of its £4bn acquisition of rival UBM.
  • Advised Provident Financial on the impact of its £331m rights issue on employee share plans.
  • Advised Jardine Lloyd Thompson on strategic options for realising value for its shareholders, resulting in the acquisition of JLT by rival Marsh & MacLennan
  • Advising Siemens on multiple employee share plans across 55 jurisdictions, including the launch and operation of all-employee and senior executive plans.
Leading individuals

Sonia Gilbert - Clifford Chance LLP

[back to top]

Employment: employers
Employment: employers - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's practice works with a premium roster of clients on the full range of 'bet the company' employment issues, advising banks, insurers, private equity houses and asset managers on the implications of Brexit, the employment aspects of GDPR and the revision of policies and procedures in response to the #MeToo movement. The team also regularly works in tandem with the magic circle firm's top-tier corporate practice, handling the employment aspects of multibillion-pound M&A deals, including Coca-Cola's £3.9bn acquisition of Costa. The practice has been led since 2003 by Chris Goodwill, who also represents high-profile individuals. He is supported by the 'calm, clear-thinking and commercial' Alistair Woodland, the 'resourceful, creative and collegiate' Mike Crossan and Chinwe Odimba-Chapman, who was made up in 2018 and is the firm's partner champion for its London BAME network.

Practice head(s):Chris Goodwill

Other key lawyers:Alistair Woodland; Mike Crossan; Chinwe Odimba-Chapman

Testimonials

'The best in the business without a doubt.'

'Alistair Woodland is calm, clear-thinking and commercial.'

'Chinwe Odimba-Chapman has great client skills; she is determined and impressive.'

'Senior associate Alastair Windass is commercial, engaged and bright.'

'Mike Crossan is resourceful, creative and collegiate.'

'Senior associate Francesca Baker is enthusiastic, hard-working and responsive.'

Key Clients

Credit Suisse

HSBC

Morgan Stanley

Standard Chartered

Wells Fargo

Admiral

Legal & General

ENGIE

Informa plc

Samsung

Work highlights

  • Advising a major international bank on unfair dismissal and disability discrimination claims brought in the Employment Tribunal and Employment Appeal Tribunal.
  • Acted for a bank in High Court litigation concerning the misappropriation of a large quantity of confidential data by a departing employee.
  • Advised Coca-Cola on the employment aspects of its £3.9bn acquisition of Costa.
  • Advised CYBG on the employment aspects of its £1.7bn acquisition of Virgin Money.
  • Advised Italian bank MPS on the closure of its operations in London, New York and Hong Kong, covering the decision to recognise and negotiate with Unite, the consultation process and the negotiation of settlements with affected employees and all related issues.
Next Generation Partners

Chinwe Odimba-Chapman - Clifford Chance LLP

[back to top]

Pensions (non-contentious)
Pensions (non-contentious) - ranked: tier 3

Clifford Chance LLP

Clifford Chance LLP’s pensions practice has a particularly strong investment and transactional offering, having recently handled a number of high-value insurer buy-ins, corporate M&A deals and their associated pensions aspects, asset-backed funding arrangements and the establishment of investor vehicles including captive insurance arrangements. Other recent instructions have concerned scheme closures, pension separation arrangements and general advice concerning member queries. The offering is predominantly tailored to scheme sponsor clients with a number of key trustee clients also on the roster. Go-to names in the team are Hywel Robinson and Clare Hoxey.

Practice head(s):Hywel Robinson

Other key lawyers:Clare Hoxey

Key Clients

Mitchells & Butlers plc

Melrose

Legal & General

Babcock International Group PLC

Trustee of the Dairy Crest Group Pension Fund

The Co-operative Bank plc

Work highlights

  • Advising Legal & General on its £4.4bn buy-in with the Airways Pension Scheme.
  • Advised Melrose on the pensions aspects of its £8.1bn takeover of GKN.
  • Advising the Co-operative Bank on a pension separation exercise in relation to the £11bn Co-op pension scheme
  • Ongoing advice to Mitchells & Butlers on a potential rectification action.
  • Ongoing advice to a confidential trustee of a telecoms scheme on numerous issues including scheme closures, buy-ins and complex transfer exercises.

[back to top]

London: Insurance

Insurance litigation: for policyholders
Insurance litigation: for policyholders - ranked: tier 2

Clifford Chance LLP

The insurance litigation team at Clifford Chance LLP acts for policyholders on a range of disputes spanning credit insurance, D&O, professional indemnity, and property insurance. The group's client roster includes financial institutions, major companies and private equity firms. The 'strong and very effective' group is headed by the 'truly outstanding' Philip Hill, who has significant experience of handling a variety of often multi-jurisdictional insurance disputes. 'Proactive' senior associate Christopher Ingham is another key member of the practice.

Practice head(s):Philip Hill

Other key lawyers:Christopher Ingham

Testimonials

'The firm has significant expertise in this area that is evident from industry feedback and their input on the project. The strong skill set on both the insurance and banking elements of the transactions enabled the firm to provide a service that was reflective of our requirements whilst also being sympathetic to market expectation'

'This is a super team, featuring strong and very effective lawyers who give a lot of attention to detail'

'Clifford Chance matches a longstanding, deep experience with an ability to apply that experience to challenging litigation'

'This team are by far the best team I have worked in recent years. Lawyers really know their subject, they are practical in their approach to litigation and arbitration and they are a pleasure to work with'

'Philip Hill is a star. He is very thoughtful and really knows his stuff in this field'

'Philip Hill is a safe pair of hands in insurance related disputes. He has significant experience and is all over the litigation and the inevitable parallel settlement process'

'Philip Hill is approachable, hands-on, knowledgeable, and a team player'

'Philip Hill is a brilliant thinker, and manages to find a way around the thorniest of insurance problems – almost with ease, and always with subtle sophistication. Truly outstanding'

'Philip Hill and Baljit Rai are both knowledgeable and approachable, and can be depended upon to give good advice'

'Baljit Rai is knowledgeable, easy to work with, excellent at managing the team and spotting (and dealing with) obstacles on the horizon'

'Christopher Ingham is knowledgeable, proactive, and easy to work with'

Key Clients

HSBC

Société Générale

Royal Bank of Scotland

Macquarie

Work highlights

  • Advising the Financial Reporting Council in respect of an investigation and subsequent disciplinary proceedings relating to issues concerning redeeming practices at a motor insurer.
  • Acting for a client in a credit insurance claim resulting from the non-payment of sums due by a Chinese counterparty for licensing of Chinese version of global television format.
  • Acting for a co-defendant in an LCIA arbitration to determine whether the claimant is an insured for the purposes of the directors and officers policy.
  • Advising a client on the scope of cover under its professional indemnity policy and whether it responds to a particular claim.
Leading individuals

Philip Hill - Clifford Chance LLP

Rising stars

Christopher Ingham - Clifford Chance LLP

[back to top]

Insurance: corporate and regulatory
Insurance: corporate and regulatory - ranked: tier 1

Clifford Chance LLP

At Clifford Chance LLP, global insurance sector group head Katherine Coates is described as being 'second to none on understanding of the market', working alongside deputy heads Ashley Prebble and Hilary Evenett. The practice sits at the top of the market for the corporate insurance matters, handling the full spectrum of work, covering transactions, advisory, risk and portfolio transfers, reinsurance, restructuring and regulatory matters. Major recent roles have included advising Legal & General on a £4.4bn pensioner bulk annuity buy-in with BA's Airways Pension Scheme. The firm has also been closely involved in the development of an effective UK framework for insurance linked securities (ILS), serving as legal adviser to the London Market Group and members of the ILS taskforce.

Practice head(s):Katherine Coates

Other key lawyers:Ashley Prebble; Hilary Evenett

Testimonials

'Extremely knowledgeable and competent. Confident and professional in the way they deal with problems and are well resourced to turn work around efficiently at short notice.'

'Exceptional industry knowledge - the team are able to leverage the rest of the firm to support on specific areas as required.  Advice is pragmatic and partners take the time to understand underlying business drivers for relevant matters.'

Excellent knowledge of the industry, the regulation and the perspective of the regulators.'

'Ashley Prebble is an excellent point of contact and leads the team very effectively. He is always available, often at short notice, to offer help and solutions to problems that may have arisen. He is also very approachable and personable. He is a trusted adviser who has developed a good relationship with our team over a number of years.'

'Katherine Coates has real industry knowledge, regulatory understanding and is able to connect dots across a variety of areas.'

'Katherine Coates is a clear market leader - second to none on understanding of the market and regulation.'

Work highlights

  • Advised Legal & General on a £4.4bn pensioner bulk annuity buy-in with British Airways’ Airways Pension Scheme, which will cover circa 60% of all pensioner liabilities.
  • Advised Cinven on the acquisition of AXA Life Europe from AXA.
  • Advised ING Group on a global partnership with AXA to provide insurance products and related services through a central digital insurance platform.
  • Advised the Chubb Group on its response to Brexit.
  • Advised AXA on the complex global restructuring and consolidation of its Lifestyle Protection Insurance business.
Leading individuals

Hilary Evenett - Clifford Chance LLP

Katherine Coates - Clifford Chance LLP

[back to top]

London: Investment fund formation and management

Private funds
Private funds - ranked: tier 2

Clifford Chance LLP

Considered 'experts in their field' by many clients, Clifford Chance LLP's private funds practice  is instructed on mandates covering an impressive breadth of asset classes including private equity, real estate, infrastructure, debt, credit and emerging markets and has a growing client base. Integrated tax and regulatory capabilities are a key strength of the group, which also boasts the expert support of offices in New York, Hong Kong, Singapore and Luxembourg. One success saw real estate debt fund specialist Gerard Saviola and others assisting Apis Partners with the fundraising of its emerging markets fund, Apis Growth Fund II. Work involved representing the client in negotiations with a highly varied investor base, which included development finance institutions, sovereign wealth investors and funds of funds. Also of note is Alexandra Davidson, who acted as lead partner to Epiris in the successful closing of the £821m Epiris Fund II. Nigel Hatfield is practice head.

Practice head(s):Nigel Hatfield

Other key lawyers:Gerard Saviola; Alexandra Davidson

Testimonials

''Clifford Chance's investment fund formation team are knowledgeable and approachable, minus the egos of some of their peers'.

'Exceptional technical knowledge and very approachable; their advice is always clear and to the point'.

'Fast, efficient and knowledgeable with deep international experience'.

Key Clients

Bridgepoint

DWS Private Equity

Allianz Global Investors

Capital Dynamics

Infracapital

Generation Investment Management

Equistone

Stirling Square Capital Partners

Aberdeen Standard Investment

Epiris

DWS Infrastructure

Apis

Axcel

Arcus Infrastructure Partners

SMBC Aviation Capital

Work highlights

  • Advising Generation Investment Management on Generation's Sustainable Solutions Fund III.
  • Advised Equistone on the formation, structuring and marketing of its latest fund -Equistone Partners Europe Fund VI - as well as on associated carried interest, co‐investment and co‐invest loan arrangements.
  • Advising Stirling Square Capital Partners on its Fourth Fund. The fund is targeting a wide range of investors from Europe, Asia and North America.
  • Advised Epiris on the successful closing of its £821m UK-focused private equity fund Epiris Fund II.
  • Advising Apis Partners LLP on the formation of Apis Growth Fund II, a $400m growth fundraising targeting Fintech and other financial services opportunities in Africa and Asia.
Leading individuals

Gerard Saviola - Clifford Chance LLP

Nigel Hatfield - Clifford Chance LLP

Next Generation Partners

Alexandra Davidson - Clifford Chance LLP

[back to top]

Real estate funds
Real estate funds - ranked: tier 1

Clifford Chance LLP

Real estate fund capabilities are embedded within the broader private funds practice at Clifford Chance LLP. Real estate credit funds are an area of particular expertise, with Gerard Saviola taking the lead on this front. A Luxembourg office ensures the firm can seamlessly handle increasingly popular Luxembourg vehicles. The group also boasts an integrated global tax and regulatory advisory service, which assists in the structuring of funds across Europe, Asia and the US. Further ancillary support is provided by the firm's real estate, real estate finance and infrastructure and projects departments, which offer asset-specific expertise. 'Exceptionally client- and-solution-oriented' partner Nigel Hatfield heads up the offering.

Practice head(s):Nigel Hatfield

Other key lawyers:Gerard Saviola

Testimonials

'Fast, efficient and knowledgeable with deep international experience'.

'Nigel Hatfield is very strong on limited partner agreements, especially in the international context'.

Key Clients

M&G Investments

DRC Capital

AEW

ICG-Longbow

Nuveen Real Estate

Intriva

Work highlights

  • Clifford Chance advised DRC Capital, a leading European real estate debt house, on its senior, mezzanine and whole-loan fund and separate account mandates.
  • Advising ICG-Longbow on the formation of ICG-Longbow UK Real Estate Debt Investments V.
  • Advised AEW in respect of its Europe Value Partners Fund – a pan-European value add fund aiming to provide attractive, risk adjusted returns investing in a diversified portfolio of assets.
  • Advising Intriva Capital Partners in relation to its distressed/special situations credit fund Intriva Capital European Principal Investment Fund I.
Leading individuals

Nigel Hatfield - Clifford Chance LLP

[back to top]

London: Private client

Contentious trusts and probate
Contentious trusts and probate - ranked: tier 1

Clifford Chance LLP

The 'absolutely top-notch' Clifford Chance LLP handles claims relating to private banking and trusts whether acting for high-net-worth individuals or institutional clients. It is skilled at acting in heavyweight claims relating to family trusts, inheritance and divorce claims as well as shareholders disputes in family companies. The 'phenomenally hardworking' and 'outstanding strategist' Jeremy Kosky is a key member the team, which also includes Maxine Mossman, who is a 'star' with a 'fierce intellect', and 'very hardworking and responsive' senior associate Nicole Buncher.

Other key lawyers:Jeremy Kosky; Maxine Mossman; Nicole Buncher; Robet Stewart

Testimonials

'A really fantastic, well motivated user friendly team that is also highly skilled and responsive'.

'It shows meticulous attention to detail, an exceptional ability to grasp the bigger picture (so important where disputes between members of a family are concerned) and remains easy to work with, approachable and charming'.

'The Clifford Chance contentious trusts and probate team is absolutely top-notch.  It does high value complicated cases for the leading clients in the private client world'.

'Jeremy Kosky is an outstanding strategist with a route map for the case from day one. He is also phenomenally hardworking, approachable to lawyers and clients and great to deal with. The upbeat enthusiastic approach of the team is due to his leadership skills'.

'Jeremy Kosky is a delight. A stellar individual, very calm, assured and experienced, yet also extremely easy to work with, and doesn't take himself too seriously'.

'When I have worked with and against Clifford Chance I have been impressed by its intellectual rigour and strategic thinking. The team is also very practical focusing on the outcome'.

'Maxine Mossman is a star. She has a fierce intellect and is a really strong litigator but also understands the family dynamics in this litigation'.

'Maxine Mossman  is a delight to work with and makes the clients feel that they have someone standing right by their shoulders, protecting their position, at the most difficult times'.

'Nicole Buncher, very hardworking and responsive and great fun'.

'Robert Stewart is also a rising star. He is increasingly well known in the sector and there is no doubt he will develop into one of the great and the good of the private client world'.

Leading individuals

Jeremy Kosky - Clifford Chance LLP

Maxine Mossman - Clifford Chance LLP

Rising stars

Nicole Buncher - Clifford Chance LLP

[back to top]

London: Projects, energy and natural resources

Infrastructure (including PFI and PPP)
Infrastructure (including PFI and PPP) - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP is a go-to practice for infrastructure investors, such as specialist infrastructure funds, pension funds, sovereign wealth funds, and public authorities seeking advice in buying and selling infrastructure assets. The team works closely with the firm's strong finance and private equity department for integrated assistance. Practice head Michael Bates and James Boswell are key contacts in financing matters. Other noted individuals are Clare Burgess and Steve Curtis, who both have capital markets experience. The team lost private equity expert Amy Mahon to Simpson Thacher & Bartlett LLP in November 2018, with Brendan Moylan leaving for Latham & Watkins several months earlier.

Practice head(s):Michael Bates

Other key lawyers:Michael Pearson; James Boswell; Clare Burgess; Steve Curtis; Spencer Baylin

Testimonials

'The team stands out with senior partner involvement throughout and a deep bench. It is able to  draw on depth of experience in any field required.'

'Clifford Chance is one of the strongest players in the market.'

'Spencer Baylin has a hands-on approach, is very commercial and provides great advice.'

'James Boswell gives excellent advice on financing and efficient interaction with bank counsel.'

Key Clients

3i Infrastructure

OMERS Infrastructure

Ardian

EQT Infrastructure

Macquarie Infrastructureand Real Assets

Global Infrastructure Partners

Ontario Teachers' Pension Plan

Hermes Infrastructure

JP Morgan Infrastructure

First State Investments

Work highlights

  • Advised Global Infrastructure Partnerson its £4.46bn acquisition of half of the interest in the Hornsea offshore wind project from developer Orsted.
  • Assisted  Ardian with the sale of its 49% interest in London Luton Airport to AMP Capital.
  • Advised 3i Infrastructure on its investment in a consortium with Danish pension fund, ATP, for the acquisition of Tampnet from EQT Infrastructure.
  • Advised Infracapital on the acquisition of the Energetics Group from Macquarie and the related bank financing for the Energetics Group.
  • Clients Macquarie Infrastructure and Real Assets formed a consortium with Danish pension funds PFA, PKA and ATP; the team advised on TDC's €5.9bn public-to-private acquisition financing, for which the consortium made an offer.

[back to top]

Mining and minerals
Mining and minerals - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP's global mining offering is jointly led by 'client-centric' corporate expert David Lewis and project finance specialist James Pay. The team acts for clients in the world's leading mining jurisdictions, including China, Chile, Peru, Brazil, Indonesia and key African jurisdictions including Guinea, Ghana, the DRC and South Africa. Recently, a particularly strong area of focus has been advising investors and lenders in relation to sanctions and other complex regulatory matters and changes of law. Also notable is the firm's capabilities in the restructuring space as well as the field of investment protection.

Practice head(s):David Lewis; James Pay

Testimonials

'Broad multi-specialist practice that can provide market-leading advice on a variety of areas, such as capital markets and tax.'

'David Lewis is very client-centric.'

Key Clients

Antofagasta

Eramet

Kingsgate Consolidated

EVRAZ

GFG Alliance

Glencore

Guinea Bauxite Company

Arrowhead Resources

Vale

VTB Capital

Pacific Wildcat Resources

Work highlights

  • Representing a Bahraini company against an international mining company in LCIA arbitration in connection with disputes arising out of a long-term iron ore supply agreement as well as in relation to a replacement long-term supply agreement between the parties.
  • Advising Arrowhead Resources Limited in an ICSID investment dispute with the Arab Republic of Egypt arising under the Australia-Egypt BIT.
  • In coordination with its Perth and Hong Kong offices, the firm advised Churchill Mining Plc and Planet Mining Pty Ltd on an investor-state arbitration under the UK-Indonesia and Australia-Indonesia Bilateral Investment Treaties.
  • Acted for Deutsche Bank in connection with its role as a senior creditor and new trade finance provider in the context of a complex cross-border restructuring.
  • A cross-border team advised BNP Paribas, HSBC, The Bank of Tokyo-Mitsubishi UFJ, a member of the Mitsubishi UFJ Financial Group and Santander UK as active bookrunners in the syndication of Glencore's refinancing of its short-term revolving credit facilities.

[back to top]

Oil and gas
Oil and gas - ranked: tier 1

Clifford Chance LLP

Clients have continued to seek out the advice of Clifford Chance LLP's oil and gas team on a number of sophisticated, landmark disputes and transactions, such as Engie on the sale of its portfolio of upstream LNG assets to Total for $2bn. Also notable is the group's advice on sanctions, antitrust, cyber security, and large political and regulatory shifts in the economies of emerging markets. Graham Phillips and dispute resolution and arbitration expert Alex Panayides co-head the broad practice, which includes dedicated construction and environment sub-groups.

Practice head(s):Graham Phillips; Alex Panayides

Other key lawyers:Russell Wells

Testimonials

'Clifford Chance provides a depth of experience across sectors and this helps clients solve issues and problems that they face. The team interacts well across its business units to provide a seamless service.'

'Graham Phillips is very user friendly - he is a real problem-solver and has an excellent knowledge of the sector. He is extremely well liked and respected by executive teams and performs to a consistency high standard.'

Key Clients

Shell

Total

Engie

Equinor

Kuwait National Petroleum

Soco International

Sinopec

SOCAR

Trans Adriatic Pipeline

Offshore Drilling Holding S.A.

Nord Stream

Chrysaor

Work highlights

  • Advised Engie on the sale of its portfolio of upstream LNG assets to Total for $2bn.
  • Advised Soco International plc on its class 1 acquisition of Merlon Petroleum.
  • Acting alongside the firm's Paris office to assist a diverse lender group of international financial institutions (FIs), export credit agencies (ECAs) and commercial lenders with the financing of an 878km-long natural gas pipeline, valued at approximately €5.4bn.
  • Defending a consortium of international oil companies in an ICC arbitration under English law against allegations of fraudulent misrepresentation and breach of contract in connection with the sale of an oil mining licence in Africa.
  • Advising the sponsors in relation to the financing of a 400MW greenfield power and liquefied petroleum gas (LPG) project that will be built near the Tema Oil Refinery in Ghana.

[back to top]

Power (including electricity, nuclear and renewables)
Power (including electricity, nuclear and renewables) - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP, which has a well-established nuclear practice, also handles matters across the whole of the renewables sector, covering onshore and offshore wind, solar, biomass, hydro, waste and emissions trading, while it also has a market-leading reputation in establishing renewable energy joint venture platforms. In recent highlights, the team advised Global Infrastructure Partners on the £4.46bn acquisition of a 50% interest in the Hornsea 1 offshore wind farm, while it has also advised EDF on the development of Hinkley Point C nuclear power station.

Practice head(s):Nicholas Hughes

Other key lawyers:James Pay; Jeremy Connick

Leading individuals

James Pay - Clifford Chance LLP

Jeremy Connick - Clifford Chance LLP

[back to top]

London: Real estate

Commercial property: corporate occupiers
Commercial property: corporate occupiers - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's ‚Äėpre-eminent‚Äô practice is a ‚Äėmarket leader, both domestically and cross-border‚Äô. Its corporate occupiers practice has a proven track record in acting on central London headquarter transactions, particularly those linked with development projects, and also handles secondary market lettings on both the landlord and occupier side. Development-related strengths include regeneration and infrastructure projects as well as developments over stations. Expertise on the investment side encompasses transactions and joint ventures pertaining to major real estate platforms, as well as high-end cross-border portfolio transactions. In a market-leading case, the team successfully acted for the Canary Wharf Group on its opposition to the¬†European Medicines Agency's claim that its 25-year lease in Canary Wharf had been frustrated due to Brexit. Jonathan Solomon¬†is highly experienced in central London development matters and is recommended alongside Adrian Levy, a specialist in real estate-related corporate finance. Angela Kearns¬†handles the full range of transactions, while the team also includes recently promoted partner Ian Painter. He and Mark Payne¬†are noted as ‚Äėextremely knowledgeable‚Äô. Alis Pay is a standout name in the hotels and leisure team which is well regarded for acquisition development financing and M&A-related transactions along with operating and related agreements.

Practice head(s):Nigel Howorth

Other key lawyers:Mark Payne; Angela Kearns; Ian Painter

Testimonials

'Top level pan-European advice - best in class.'

'Extremely responsive and professional - especially Mark Payne.'

'Ian Painter and Mark Payne are both extremely knowledgeable in this area'.

'The team has strength in depth and market leading knowledge. Certainly one of the small handful of leaders in this area of legal practice.'

'Ian Painter is very knowledgeable, has a great work ethic and leads from the front as a partner in that practice.'

'Clifford Chance's practice is pre-eminent and the quality of their legal advice and transaction management is second to none.'

'The standout partner is Mark Payne together with associate, Rob Donnell. Mark is pragmatic, commercial and technical, all at the same time, an excellent combination. Rob provides excellent client service and is exceptional at transaction management'.

'Great strength in depth. High quality, commercial advice. One of the best firms in this sector.'

'Willingness to go the extra mile. Excellent response times and ability to advise on highly complex structuring issues. Particular mention to Angela Kearns and Ian Painter who are both outstanding'.

'Excellent quality team from top to bottom'.

'Market leading practice, both domestically and cross-border'.

'Ian Painter combines unparalleled market and legal knowledge with an unflappable nature to achieve trusted adviser status.'

'Catherine Cook is an outstanding partner with an incredible deep knowledge and experience in the industry. She will fight tooth and nail on behalf of her clients, while simultaneously reminding the client of what is fair to fight for and what is not'.

'Ian Painter takes charge of issues and sees them through to resolution with practical and commercial ideas.'

'Amina Tacconi and Alis Paye are responsive and resourceful. They respond quickly to the clients needs and go above and beyond by their creative thinking and innovative ways of agreeing an outcome that both parties can adhere to. They are problem-solvers whilst being experts in their legal field. There are no other lawyers like them'.

Key Clients

Canary Wharf Group plc

e-shelter

Generali

Helical plc

Mitsubishi Estate London Ltd

Nuveen

Sadler's Wells Foundation

Samsung

Sofaz

Work highlights

  • Advised TH Real Estate on the pre-let of 70 St Mary Axe to US law firm Sidley Austin.    
  • Advised Helical plc and AshbyCapital on their first major pre-let at One Bartholomew in Farringdon London to digital advertising company The Trade Desk.
Next Generation Partners

Angela Kearns - Clifford Chance LLP

Ian Painter - Clifford Chance LLP

[back to top]

Commercial property: development
Commercial property: development - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's ‚Äėpre-eminent‚Äô practice is a ‚Äėmarket leader, both domestically and cross-border‚Äô. Its corporate occupiers practice has a proven track record in acting on central London headquarter transactions, particularly those linked with development projects, and also handles secondary market lettings on both the landlord and occupier side. Development-related strengths include regeneration and infrastructure projects as well as developments over stations. Expertise on the investment side encompasses transactions and joint ventures pertaining to major real estate platforms, as well as high-end cross-border portfolio transactions. In a market-leading case, the team successfully acted for the Canary Wharf Group on its opposition to the¬†European Medicines Agency's claim that its 25-year lease in Canary Wharf had been frustrated due to Brexit. Jonathan Solomon¬†is highly experienced in central London development matters and is recommended alongside Adrian Levy, a specialist in real estate-related corporate finance. Angela Kearns¬†handles the full range of transactions, while the team also includes recently promoted partner Ian Painter. He and Mark Payne¬†are noted as ‚Äėextremely knowledgeable‚Äô. Alis Pay is a standout name in the hotels and leisure team which is well regarded for acquisition development financing and M&A-related transactions along with operating and related agreements.

Practice head(s):Nigel Howorth

Other key lawyers:Mark Payne; Franc Peña; Ian Painter; Angela Kearns; Jonathan Solomon

Testimonials

'Top level pan-European advice - best in class.'

'Extremely responsive and professional - especially Mark Payne.'

'Ian Painter and Mark Payne are both extremely knowledgeable in this area'.

'The team has strength in depth and market leading knowledge. Certainly one of the small handful of leaders in this area of legal practice.'

'Ian Painter is very knowledgeable, has a great work ethic and leads from the front as a partner in that practice.'

'Clifford Chance's practice is pre-eminent and the quality of their legal advice and transaction management is second to none.'

'The standout partner is Mark Payne together with associate, Rob Donnell. Mark is pragmatic, commercial and technical, all at the same time, an excellent combination. Rob provides excellent client service and is exceptional at transaction management'.

'Great strength in depth. High quality, commercial advice. One of the best firms in this sector.'

'Willingness to go the extra mile. Excellent response times and ability to advise on highly complex structuring issues. Particular mention to Angela Kearns and Ian Painter who are both outstanding'.

'Excellent quality team from top to bottom'.

'Market leading practice, both domestically and cross-border'.

'Ian Painter combines unparalleled market and legal knowledge with an unflappable nature to achieve trusted adviser status.'

'Catherine Cook is an outstanding partner with an incredible deep knowledge and experience in the industry. She will fight tooth and nail on behalf of her clients, while simultaneously reminding the client of what is fair to fight for and what is not'.

'Ian Painter takes charge of issues and sees them through to resolution with practical and commercial ideas.'

'Amina Tacconi and Alis Paye are responsive and resourceful. They respond quickly to the clients needs and go above and beyond by their creative thinking and innovative ways of agreeing an outcome that both parties can adhere to. They are problem-solvers whilst being experts in their legal field. There are no other lawyers like them'.

Key Clients

Helical plc

Native Land

Employees Provident Fund of Malaysia (EPF)

Nuveen

Hillwood

AIG Global Real Estate

Angelo Gordon

Horizon

Hammerson plc

Canary Wharf Group plc

Work highlights

  • Advised Helical plc on its over-station development at Farringdon East Crossrail station.
  • Advised Native Land in connection with its complex redevelopment of South Kensington Station.
  • Advised the Employees Provident Fund of Malaysia, the Malaysian state pension fund, on the formation of a joint venture with Permodalan Nasional Berhad, the largest asset management firm in Malaysia, which will forward purchase and fund the development of Phase 2 of the landmark Battersea Power Station redevelopment in London.
  • Advised Nuveen on the development pre-let of the Can of Ham.
  • Advised AIGGRE on the acquisition and forward funding of a number of student accommodation developments in strategic locations across the UK.
Leading individuals

Jonathan Solomon - Clifford Chance LLP

Mark Payne - Clifford Chance LLP

Next Generation Partners

Angela Kearns - Clifford Chance LLP

Ian Painter - Clifford Chance LLP

[back to top]

Commercial property: hotels and leisure
Commercial property: hotels and leisure - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP's ‚Äėpre-eminent‚Äô practice is a ‚Äėmarket leader, both domestically and cross-border‚Äô. Its corporate occupiers practice has a proven track record in acting on central London headquarter transactions, particularly those linked with development projects, and also handles secondary market lettings on both the landlord and occupier side. Development-related strengths include regeneration and infrastructure projects as well as developments over stations. Expertise on the investment side encompasses transactions and joint ventures pertaining to major real estate platforms, as well as high-end cross-border portfolio transactions. In a market-leading case, the team successfully acted for the Canary Wharf Group on its opposition to the¬†European Medicines Agency's claim that its 25-year lease in Canary Wharf had been frustrated due to Brexit. Jonathan Solomon¬†is highly experienced in central London development matters and is recommended alongside Adrian Levy, a specialist in real estate-related corporate finance. Angela Kearns¬†handles the full range of transactions, while the team also includes recently promoted partner Ian Painter. He and Mark Payne¬†are noted as ‚Äėextremely knowledgeable‚Äô. Alis Pay is a standout name in the hotels and leisure team which is well regarded for acquisition development financing and M&A-related transactions along with operating and related agreements.

Practice head(s):Andrew Carnegie; Sarah Thomas

Other key lawyers:Steve Curtis; Alis Pay

Testimonials

'Top level pan-European advice - best in class.'

'Extremely responsive and professional - especially Mark Payne.'

'Ian Painter and Mark Payne are both extremely knowledgeable in this area'.

'The team has strength in depth and market leading knowledge. Certainly one of the small handful of leaders in this area of legal practice.'

'Ian Painter is very knowledgeable, has a great work ethic and leads from the front as a partner in that practice.'

'Clifford Chance's practice is pre-eminent and the quality of their legal advice and transaction management is second to none.'

'The standout partner is Mark Payne together with associate, Rob Donnell. Mark is pragmatic, commercial and technical, all at the same time, an excellent combination. Rob provides excellent client service and is exceptional at transaction management'.

'Great strength in depth. High quality, commercial advice. One of the best firms in this sector.'

'Willingness to go the extra mile. Excellent response times and ability to advise on highly complex structuring issues. Particular mention to Angela Kearns and Ian Painter who are both outstanding'.

'Excellent quality team from top to bottom'.

'Market leading practice, both domestically and cross-border'.

'Ian Painter combines unparalleled market and legal knowledge with an unflappable nature to achieve trusted adviser status.'

'Catherine Cook is an outstanding partner with an incredible deep knowledge and experience in the industry. She will fight tooth and nail on behalf of her clients, while simultaneously reminding the client of what is fair to fight for and what is not'.

'Ian Painter takes charge of issues and sees them through to resolution with practical and commercial ideas.'

'Amina Tacconi and Alis Paye are responsive and resourceful. They respond quickly to the clients needs and go above and beyond by their creative thinking and innovative ways of agreeing an outcome that both parties can adhere to. They are problem-solvers whilst being experts in their legal field. There are no other lawyers like them'.

Key Clients

The HongKong and Shanghai Hotels Limited

Corinthia Hotels

Shangri-La Hotels and Resorts

Blackstone

Marlet Property Group

Royal Bank of Canada

Cineworld plc

Sadler's Wells Foundation Limited

Citi

MetLife

Work highlights

  • Advised RBC on the refinancing of the Four Seasons Hotel in Prague.
  • Advised Blackstone on the acquisition of the National Exhibition Centre Group, the live event and exhibition operator, for an enterprise value of £860m.
Next Generation Partners

Alis Pay - Clifford Chance LLP

[back to top]

Commercial property: investment
Commercial property: investment - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's ‚Äėpre-eminent‚Äô practice is a ‚Äėmarket leader, both domestically and cross-border‚Äô. Its corporate occupiers practice has a proven track record in acting on central London headquarter transactions, particularly those linked with development projects, and also handles secondary market lettings on both the landlord and occupier side. Development-related strengths include regeneration and infrastructure projects as well as developments over stations. Expertise on the investment side encompasses transactions and joint ventures pertaining to major real estate platforms, as well as high-end cross-border portfolio transactions. In a market-leading case, the team successfully acted for the Canary Wharf Group on its opposition to the¬†European Medicines Agency's claim that its 25-year lease in Canary Wharf had been frustrated due to Brexit. Jonathan Solomon¬†is highly experienced in central London development matters and is recommended alongside Adrian Levy, a specialist in real estate-related corporate finance. Angela Kearns¬†handles the full range of transactions, while the team also includes recently promoted partner Ian Painter. He and Mark Payne¬†are noted as ‚Äėextremely knowledgeable‚Äô. Alis Pay is a standout name in the hotels and leisure team which is well regarded for acquisition development financing and M&A-related transactions along with operating and related agreements.

Practice head(s):Nigel Howorth

Other key lawyers:Adrian Levy; Alis Pay; Franc Peña; Mark Payne

Testimonials

'Top level pan-European advice - best in class.'

'Extremely responsive and professional - especially Mark Payne.'

'Ian Painter and Mark Payne are both extremely knowledgeable in this area'.

'The team has strength in depth and market leading knowledge. Certainly one of the small handful of leaders in this area of legal practice.'

'Ian Painter is very knowledgeable, has a great work ethic and leads from the front as a partner in that practice.'

'Clifford Chance's practice is pre-eminent and the quality of their legal advice and transaction management is second to none.'

'The standout partner is Mark Payne together with associate, Rob Donnell. Mark is pragmatic, commercial and technical, all at the same time, an excellent combination. Rob provides excellent client service and is exceptional at transaction management'.

'Great strength in depth. High quality, commercial advice. One of the best firms in this sector.'

'Willingness to go the extra mile. Excellent response times and ability to advise on highly complex structuring issues. Particular mention to Angela Kearns and Ian Painter who are both outstanding'.

'Excellent quality team from top to bottom'.

'Market leading practice, both domestically and cross-border'.

'Ian Painter combines unparalleled market and legal knowledge with an unflappable nature to achieve trusted adviser status.'

'Catherine Cook is an outstanding partner with an incredible deep knowledge and experience in the industry. She will fight tooth and nail on behalf of her clients, while simultaneously reminding the client of what is fair to fight for and what is not'.

'Ian Painter takes charge of issues and sees them through to resolution with practical and commercial ideas.'

'Amina Tacconi and Alis Paye are responsive and resourceful. They respond quickly to the clients needs and go above and beyond by their creative thinking and innovative ways of agreeing an outcome that both parties can adhere to. They are problem-solvers whilst being experts in their legal field. There are no other lawyers like them'.

Key Clients

AIG Global Real Estate

Angelo Gordon

Blackstone

Canary Wharf Group PLC

CK Asset Holdings

Employees Provident Fund of Malaysia

Hammerson plc

Legal & General

Network Rail

Samsung Life

Work highlights

  • Advised Network Rail on the sale of its commercial real estate portfolio to Telereal Trillium and Blackstone Property Partners for the total consideration of £1.46bn, one of the UK's largest ever real estate deals.
  • Advised a wholly owned indirect subsidiary of CK Asset Holdings Limited on the £1bn acquisition of 100% of 5 Broadgate, London from British Land and GIC.
  • Advised Samsung Life, the largest insurance company in South Korea, on its sale of 30 Gresham Street for a price in excess of £400m to the joint venture of two Hong Kong based developers, Wing Tai Properties and Manhattan Garments.
  • Advised the Malaysian state pension fund the Employees Provident Fund of Malaysia on the formation of a joint venture with Permodalan Nasional Berhad, the largest asset management firm in Malaysia, which will forward purchase and fund the development of Phase 2 of the landmark Battersea Power Station redevelopment in London.
  • Advised Blackstone on the acquisition of the National Exhibition Centre Group, the live event and exhibition operator which includes the National Exhibition Centre Birmingham, The International Arena and The Genting Arena, for an enterprise value of £860m.
Leading individuals

Adrian Levy - Clifford Chance LLP

Mark Payne - Clifford Chance LLP

[back to top]

Construction: contentious
Construction: contentious - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP's contentious construction practice focuses on the oil and gas and maritime industries. Alex Panayides, who leads the team, handles litigation, arbitration and alternative dispute resolution and has a track record of working with major oil companies.

Practice head(s):Alex Panayides

[back to top]

Contruction: non-contentious
Contruction: non-contentious - ranked: tier 2

Clifford Chance LLP

Clifford Chance LLP's non-contentious team offers impressive breadth across the real estate, conventional and renewable energy and infrastructure sectors. The 'stand out' David Metzger, who leads the team, advises on transport, social infrastructure and urban regeneration matters, and was lead partner for Global Infrastructure Partners on its acquisition of a 50% interest in the Hornsea 1 offshore wind project. The 'trusted and confident' Marianne Toghill heads up the UK real estate construction offering, while Sandy Hall is another key member of the team, with a particular focus on oil and gas, mining and energy projects, while senior associate Edward Bretherton is another name to note for his work across the mixed use developments and energy sectors, especially solar power.

Practice head(s):David Metzger

Other key lawyers:Sandy Hall; Edward Bretherton

Testimonials

'Delivery of timely and efficient services.'

'Clifford Chance's non-contentious construction team is full of highly skilled, meticulous, sensible associates.'

'Clifford Chance are world class'

'Marianne Toghill is trusted, confident, knowledgeable and responsive.'

'David Metzger is the standout partner - he combines razor sharp intellect with a sensible approach to closing deals.'

Key Clients

Global Infrastructure Partners

Kuwait National Petroleum Company

Native Land

Helical

State Oil Company of Azerbaijan

MUFG

Battersea Power Station Development Company

Work highlights

  • Advised Global Infrastructure Partners on its £4.5bn acquisition of a 50% interest in the 1,218MW Hornsea 1 offshore wind project.
  • Advising EMF and EDF on the development of three offshore wind farms in France in Round 1 of the French Offshore Wind programme.
  • Advising KIPIC/KNPC on all construction aspects of its new petrochemical facility in Al-Zour, Kuwait.
  • Acting for Native Land as developer of a nine-building urban regeneration project at Bankside, London.
  • Advising Battersea Power Station Land Company Limited on the development of the Battersea Power Station complex.
Rising stars

Edward Bretherton - Clifford Chance LLP

[back to top]

Environment
Environment - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP provides regulatory advice regarding environmental regulation, assists with the environmental aspects of infrastructure and development projects, and provides environmental input on M&A transactions. The firm is also experienced in providing dispute resolution and litigation advice in relation to environmental issues and transactions. Practice head Nigel Howorth is especially active in the corporate and energy sectors and is experienced in drafting and negotiating environmental indemnities as well as environmental insurance policies.

Practice head(s):Nigel Howorth

Key Clients

Pfizer, Inc.

Horizon Nuclear Power

Nielsen Holdings

Coca-Cola

Iberdrola

EQT

Emerson

Canary Wharf Group

Carlyle Group

Global Infrastructure Partners

Work highlights

  • Advised Global Infrastructure Partners on the £4.5bn acquisition of a 50% interest in the Hornsea offshore wind project
  • Advising Horizon Nuclear Power on the planning, highways and environmental aspects of the development of a new generation of nuclear facilities
  • Advised Pfizer on environmental and health and safety regulations regarding the company’s business operations in the pharmaceutical industry
  • Advised Iberdrola as the owner of Scottish Power on the £702m sale of Scottish Power’s portfolio of pumped storage, hydro and gas-fired power generation assets to Drax Group
  • Advising an investment company on regulatory developments in the wind and energy sector

[back to top]

Planning
Planning - ranked: tier 3

Clifford Chance LLP

Clifford Chance LLP leverages its City of London footprint to handle some of the area’s most significant regeneration projects, including the Wood Wharf, Quay Club and Barts Square schemes. Practice head, Nigel Howorth, is a leader in the field of nuclear power projects having secured the Horizon Nuclear Power mandate. Senior associate, Elizabeth Hardacre, is also developing a name in the energy and regeneration sectors. The team regularly assists both corporate and significant public clients with the planning aspects of refinancing deals, portfolio sales and property acquisitions. The team represents clients on contentious issues when they arise, with recent mandates involving nuisance claims and judicial review applications filed against expansion projects.

Practice head(s):Nigel Howorth

Other key lawyers:Elizabeth Hardacre

Testimonials

'The team shows excellent technical skill and communication in challenging environments.'

'The team provides excellent advice on demanding projects.'

'The commitment and dedication of the team is outstanding.'

'The whole team is a pleasure to work with.'

'Elizabeth Hardacre consistently provides succinct advice with patience and understanding.'

'Nigel Howorth provides extremely pragmatic advice. He listens carefully to client needs and never loses sight of the overall commercial objective.'

'Elizabeth Hardacre is very dedicated and solutions-focused. She produces excellent quality work under extreme time pressure and acquires an unusually forensic knowledge of the matter at hand.'

'Katie Kempthorne is very client-friendly and produces excellent quality work to tight timelines.'

'Nigel Howorth always delivers.'

'Elizabeth Hardacre is a very, very competent senior associate who always gives it her all.'

Key Clients

Canary Wharf Group

Helical plc

Horizon Nuclear Power

Legal & General

AIG Global Real Estate (AIGGRE)

CK Asset Holdings Limited

Network Rail

Blackstone

Work highlights

  • Ongoing advice to Canary Wharf Group on the implementation of its Wood Wharf development.
  • Advising Horizon Nuclear Power on all planning, highways and environmental aspects of the development of a new generation of nuclear power facilities in the UK.
  • Advising a confidential client on the change of use application to provide a new private hospital in Central London.
  • Ongoing advice to Helical on the joint venture acquisition and development of the 20,500 sq ft Barts Square mixed-use project.
  • Advising Canary Wharf Group on the development of a private members club at West India Middle Dock.
Rising stars

Elizabeth Hardacre - Clifford Chance LLP

[back to top]

Property finance
Property finance - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP‚Äės blue-chip client base includes leading investment banks and US funds, as well as a range of other lenders, borrowers and sponsors. The team‚Äôs varied workload covers investment and development finance; senior and mezzanine finance; large loan portfolio sales and financings; and Islamic property finance. The firm also has significant CMBS expertise, and is noted for its strength in pan-European transactions. Andrew Carnegie¬†leads the team, which also includes ‚Äėgood operator‚Äė¬†Barry O‚ÄôShea, Jane¬†Cheong Tung Sing, and¬†Emma Matebalavu, who is known for her cross-border experience. Claire Fawcett¬†was promoted to director, while Damian Perry¬†retired from the partnership.

Practice head(s):Andrew Carnegie

Other key lawyers:Barry O'Shea; Jane Cheong Tung Sing; Emma Matebalavu; Alastair McGillivray; Claire Fawcett

Testimonials

'Andrew Carnegie is excellent - possibly the best black letter lawyer in the commercial real estate finance space.'

Key Clients

AIG

Apollo

Bank of America Merrill Lynch

Blackstone

Canary Wharf Group plc

The Carlyle Group

Citibank

Credit Agricole Corporate and Investment Bank

Deutsche Bank

DRC Capital

Fortress Investment Group

Goldman Sachs

Helical plc

HSBC

ING

J.P. Morgan

M&G Investments

Metropolitan Life Insurance Company

Morgan Stanley

Partners Group

Royal Bank of Canada

Wells Fargo

Work highlights

  • Advised a fund on a series of refinancings relating to portfolios of assets located across Europe.
  • Advised Morgan Stanley and Goldman Sachs on the origination and conduit CMBS of loans secured over commercial and residential properties in the Netherlands.
  • Advised Hemisphere International Properties B.V. on a complex loan facility agreement, allowing the client to realise its property portfolio in an orderly manner.
  • Advised an international club of banks on a nearly €2bn loan secured on residential assets in Spain.
  • Advised Blackstone Real Estate Debt Strategies on a loan provided to a luxury European hotels group owned by Värde Partners.
Leading individuals

Andrew Carnegie - Clifford Chance LLP

Barry O'Shea - Clifford Chance LLP

Emma Matebalavu - Clifford Chance LLP

Jane Cheong Tung Sing - Clifford Chance LLP

Rising stars

Claire Fawcett - Clifford Chance LLP

[back to top]

Property litigation
Property litigation - ranked: tier 3

Clifford Chance LLP

As part of the firm's real estate practice, the 'very experienced' property litigation team at Clifford Chance LLP led by the 'client-friendly and alert' Ben Hatton specialises in commercial property, which translates into a regular flow of mandates involving property contract and property finance disputes as well as property-related insolvency and restructuring matters. Other work includes rights to light and restrictive covenant issues. As a particular highlight, the practice successfully represented Canary Wharf Group in a high-profile Brexit commercial lease dispute with the European Medicines Agency (EMA), an entity of the EU, in the High Court in London, which rejected EMA's case that its 25-year lease of premises in Canary Wharf would be legally frustrated as a result of Brexit.

Practice head(s):Ben Hatton

Testimonials

'Ben Hatton brings out the best in his team and has a very good sense of his clients' needs'.

'Excellent know-how and the ability to draw on expertise across the firm if needs be.'

'Attention to detail which inspires confidence and agile enough to problem-solve and deliver.'

'Fantastic team.'

'Huge knowledge and experience of the commercial property market, marrying a strongly commercial approach with legal firepower and a bombproof litigation team.'

Key Clients

Canary Wharf Group

Colony Capital

CK Asset

Network Rail

Asphaltic Developments

SR Technics UK

Palatial Leisure

Administrators of House of Fraser

Horizon Nuclear Power

Asphaltic Retirement Benefit Scheme

Work highlights

  • Successfully acted for Canary Wharf Group in a Brexit commercial lease dispute with the European Medicines Agency (EMA).
  • Acting for the creditor, SR Technics UK, during an insolvency process pertaining to extensive amounts due and arising out of the lease of a luxury private hangar at Stansted Airport.
  • The team has been acting for Asphaltic Developments and Asphaltic Retirement Benefit Scheme against Harmsworth Pension Fund in the First Tier Tribunal (Property Chamber) in a dispute as to adverse possession of a prime future development site next to Kentish Town Station.
  • Acting for Palatial Leisure, a major entertainment business located in Elephant and Castle, in a dispute with its landlord over the planned demolition of the Elephant and Castle shopping centre.
  • The team continues to assist Horizon Nuclear Power with squatters and trespass actions at or near to its nuclear power station sites.
Leading individuals

Ben Hatton - Clifford Chance LLP

[back to top]

Social housing: finance
Social housing: finance - ranked: tier 3

Clifford Chance LLP

Clifford Chance LLP has a notable specialism in acting for funders and investors on complex and high-value social housing finance transactions, which include private placements and secured bond issues, as well as project finance and structured finance matters. Angela Shepherd has expertise in the property and project aspects of social housing finance deals, such as property charging exercises and the security aspects of bond and loan transactions. In 2018, Shepherd was part of a team led by Paul Deakins and Bruce Kahl, which acted for NatWest Markets and Lloyds Bank (as joint bookrunners) and Prudential Trustee Company Limited (as bond trustee) on a £250m secured sterling bond issue for the Longhurst Group. In another matter, Shepherd assisted Lloyds Bank with the charging of properties as security for a loan facility to Brighter Futures Housing Association Limited. Alistair McGillivray heads the team.

Practice head(s):Alistair McGillivray

Other key lawyers:Angela Shepherd; Paul Deakins; Bruce Kahl

Testimonials

'The team mobilised extremely quickly and efficiently to achieve closing of a very challenging deal in just a few weeks. Always available and on point from trainee to partner. Fantastic coordination between the finance, regulatory and property specialists'

'Very good structuring experience with pragmatic solutions. Strong legal experience and very good partner supervision'

'Paul Deakins is technically a very strong lawyer and has a very good breadth of experience to enable him to think through new structures and identify any issues'

'The associates that we know, mainly Angela Shepherd, are happy to talk through issues on the phone to explain a particular deal and help our understanding. This is sometimes preferable before we make a commercial decision and respond by email'

'Clifford Chance's team impresses greatly with its business acumen, industry knowledge and appropriateness of advice'

'The associate that we predominantly use is Angela Shepherd. Angela is extremely knowledgeable and all work undertaken is completed to a very high standard. Angela is always more than happy to talk through a particular matter if there is any aspect of the transaction that I need help or guidance on'

Key Clients

Barclays Bank plc

Lloyds Banking Group

RBC Capital Markets

L&Q Group

Sage Housing

Deutsche Bank AG London

Prudential Trustee Company Limited

The Royal Bank of Scotland plc/NatWest Markets

HSBC Bank plc

Assured Guaranty (Europe) plc

Work highlights

  • Advised Prudential Trustee Company Limited on a £180m secured bonds issuance by Heylo Housing Limited, which included amendments to the financing structure.
  • Advising Barclays Bank and European Investment Bank on their loan facility to Triathlon Homes in connection with the financing of the former athletes' village in Stratford. The facility relates to the acquisition and retrofit of the 1,379 affordable housing units at the former athletes' village in Stratford (now known as East Village).
  • Acted for a leading investment bank, as arranger and original lender, on the grant of a very high-value revolving development credit facility to a group of registered providers.
  • Acted for Barclays Bank, HSBC and RBC Capital Markets on a £250m sterling bond issue for the Clarion Group
  • Acted for Assured Guaranty (Europe) plc on its guarantee of principal and interest payments on £75m of notes issued by Places for People Treasury plc.
Leading individuals

Angela Shepherd - Clifford Chance LLP

[back to top]

London: Risk advisory

Brexit
Brexit - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP’s practice leverages the firm’s public policy, trade and electoral law strength to handle the full breadth of Brexit-related issues. Group leader Phillip Souta also heads up the firm’s UK public policy offering, which also benefits from the expertise of Simon Gleeson and Brussels-based Thomas Vinje. Other key individuals include Christopher Bates, who leads the financial regulatory practice and regularly assists banks, securities firms and financial institutions with Brexit issues; tax partner Dan Neidle, who has a noted focus on EU law; and Owen Lysak, who handles financial market regulatory work. The practice counts corporates, industry associations, lenders, funds, investors, insurers and government bodies as clients, which it advises on a national and international basis. Leveraging the firm’s German offices, the group is assisting a German manufacturer with identifying the implications of the withdrawal agreement and a transition period in comparison to a hard Brexit; the team has also advised HM Treasury on a range of issues relating to the UK’s exit negotiations with the EU and acted for various financial services clients on the proposed EU digital services tax and the equivalent UK proposals. The practice is also noted for its aviation sector experience; Melissa Fogarty and public law partner Jessica Gladstone advised easyJet on the impact of Brexit on the regulations and restriction around airline ownership and pilot licences, while Gladstone and André Duminy assisted Airbus with its no-deal Brexit contingency planning.

Practice head(s):Phillip Souta

Other key lawyers:Simon Gleeson; Thomas Vinje; Christopher Bates; Dan Neidle; Owen Lysak; Melissa Fogarty; Jessica Gladstone; André Duminy

Testimonials

'The team takes the time to understand the client's request, to operate flexibly and work out together how best to use the firm's capacity. The team is very knowledgeable in the key areas of financial services law and combines this expertise with a lot of market knowledge and background. Many firms would claim this but it delivers with a very flexible and responsive attitude.'

'Chris Bates' reputation is fully justified and associate Caroline Dawson is also very impressive.'

Key Clients

UK Government

Investment Association

UK Finance

Airbus

easyJet

Work highlights

  • Advising a German manufacturer on the impact of Brexit and the withdrawal agreement and a transition period in comparison to a hard Brexit.
  • Assisting easyJet with business-critical Brexit matters including issues relating to the regulations and restrictions around airline ownership, licenses for pilots and other licensing matters.
  • Advising Airbus on its no-deal Brexit contingency planning.
  • Instructed by HM Treasury to advise on a range of issues relating to the UK's exit negotiations with the EU.
Leading individuals

Phillip Souta - Clifford Chance LLP

[back to top]

Data protection, privacy and cybersecurity
Data protection, privacy and cybersecurity - ranked: tier 3

Clifford Chance

Clifford Chance focuses on cross-border work, acting for a substantial international client base including multiple FTSE 100 and Fortune 500 listed companies. It is noted for its expertise in data ethics and AI issues; recent work includes assisting clients with creating ethical frameworks for the use of data, AI and data science. Jonathan Kewley leads the UK team, which sits as part of the firm’s global practice and also leverages the strength of other departments including the corporate, employment, antitrust and litigation teams. Kewley’s recent mandates include advising a global bank on ethical issues regarding the use of data and technology, and assisting a global financial institution with its global cyber incident response plan. Luke Tolaini is recommended for cross-border crisis management and investigations involving financial crime.

Practice head(s):Jonathan Kewley

Other key lawyers:Luke Tolaini

Testimonials

'The team is proactive, energetic and works closely with the client's internal teams. It quickly integrates into the client's activities so it can effectively provide services to the business as a single-aligned legal function.'

'Mark Comber has terrific communication skills, is innovative in his advice, and can seamlessly adapt to the needs of his clients.'

Work highlights

  • Advising a global bank on ethical issues regarding the use of data and technology including financial regulatory, data protection, data privacy and antitrust enforcement risks.
  • Acting for a global financial institution on its global cyber incident response plan and cyber breach issues.
  • Assisting an international sports organising entity with its global GDPR compliance project.
  • Advising a large supplier of medical services on its GDPR implementation project.
  • Handling the global implementation of GDPR for a FTSE 100 multinational consumer goods company.

[back to top]

Regulatory investigations and corporate crime
Regulatory investigations and corporate crime - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP handles regulatory enforcement, investigations, fraud and crime matters through its leading practice in London. Its extensive global network means it has significant experience dealing with  multi-jurisdictional and multi-agency investigations. Areas of expertise include sanctions, fraud, anti-money laundering, cartels and criminal investigations. Differentiating its offering, the team is supported by an in-house team of forensic accountants enabling it to easily retrieve, manage, analyse and present financial information and issues. Head of team Luke Tolaini focuses on investigations that involve bribery, corruption and fraud, particularly in the energy and commodities sectors in developing countries. Roger Best is recommended for his experience in corruption and money laundering investigations.

Practice head(s):Luke Tolaini

Other key lawyers:Roger Best; Michael Lyons; Matthew Lee; Zoe Osborne

Key Clients

Credit Suisse

Serco

Major financial institutions

An international commodities trading company

Government authorities

An international energy company

Work highlights

  • Advising Credit Suisse on parallel criminal tax investigations by a number of government authorities including in the UK, Australia and Continental Europe.
  • Representing Serco against allegations of irregularities in billing practices.
  • Advising a major financial institution on a cross-border investigation involving the SEC, DoJ, FCA and SFO into potential money laundering and bribery offences.
  • Providing advice on US and EU sanctions and AML compliance matters for an international commodities trading company and representing them in an urgent high court application.
  • Assisting a government authority with an internal investigation in relation to allegations of anti-money laundering and sanctions breaches by third parties in the territory for which the government authority has jurisdiction.
Leading individuals

Roger Best - Clifford Chance LLP

Next Generation Partners

Zoe Osborne - Clifford Chance LLP

[back to top]

London: TMT (technology, media and telecoms)

Fintech
Fintech - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's fintech group attracts work from financial institutions, banks, regulators, insurance companies, investors, and start-ups, advising on projects utilising technology such as blockchain, smart contracts and AI. The team frequently works alongside other practice groups within the firm to advise on commercial contracts, data privacy, software licensing agreements,  regulatory compliance, and governance frameworks. Peter Chapman, who advises both traditional banks and emerging payment service providers on product developments and regulatory matters, leads the practice group alongside co-head of the firm's tech group, Jonathan Kewley. Litigation partner Samantha Ward stands out for her experience in cyber incident response planning matters, whereas fellow litigation partner Kate Scott specialises in disputes involving fintech litigants and recently represented a fintech client in a dispute regarding its access to the UK market.

Practice head(s):Jonathan Kewley; Peter Chapman

Other key lawyers:Kate Scott; Samantha Ward

Key Clients

Citi/Proxymity

HQLAx Sarl

PrimaryBid

Spanish Bank BBVA

Pigzbe

R3

Work highlights

  • Advised Citi on its collaboration with Computershare, to launch Proxymity, the digital proxy voting plaform.
  • Advise HQLAx, which collaborated with Deutsche Borse Group to develop an innovative blockchain solution for collateral swaps in the securities lending market, on a number of tech arrangements.
  • Advised Spanish Bank BBVA on its £85.4m investment in Atom Bank, the UK's first app-only digital challenger bank.
  • Advising a global bank on ethical issues regarding the use of AI, including financial regulatory, data protection, data privacy and antitrust enforcement risks.
Leading individuals

Peter Chapman - Clifford Chance LLP

[back to top]

IT and telecoms
IT and telecoms - ranked: tier 3

Clifford Chance LLP

The technology, media and telecoms group at Clifford Chance LLP leverages a cross-departmental team, with the capacity to handle a range of corporate transactions, procurement projects, contractual matters, outsourcings, infrastructure issues and disputes across the IT and telecoms sectors. Practice head André Duminy focuses on technology projects and outsourcings, while Jonathan Kewley has particular expertise in the cutting-edge areas of tech ethics, data, AI, cybersecurity and blockchain regulation. Other key practitioners include 'knowledgeable, well-informed and articulate' consultant Joachim Fleury, litigator Samantha Ward, competition specialist Jenine Hulsmann and Jennifer Mbaluto, who handles M&A and commercial transactions. Daniel Sandelson departed to an in-house role at Digital Media Distribution.

Practice head(s):André Duminy

Other key lawyers:Jonathan Kewley; Joachim Fleury; Jenine Hulsmann; Samantha Ward; Jennifer Mbaluto

Testimonials

'The technology team at Clifford Chance has vast experience, good knowledge of the industry, an international approach and pragmatic solutions.'

'Consultant Joachim Fleury is very experienced and has deep knowledge of the industry. He is a good negotiator and a pragmatic problem solver.'

Key Clients

Fujitsu

Tencent

Imagination Technologies

Delivery Hero

XL Catlin

ING Group

AB InBev

Emirates NDB

HQLAx

EVRY S/A

Tele2

Infracapital

Work highlights

  • Successfully represented Tele2 in obtaining unconditional approval from the European Commission for the merger of its Dutch business with T-Mobile Netherlands, following a complex phase II investigation.
  • Acted for Infracapital on its purchase of 50% of SSE Telecoms from SSE.
  • Advised Fujitsu on the formation of a joint venture with Lenovo Group and the Development Bank of Japan.
  • Advised Spanish Bank BBVA on its £85.4m investment in Atom Bank, the UK's first app only digital bank.
  • Advised ING Group on a global partnership with Axa to provide insurance products and related services through a central digital insurance platform.

[back to top]

Intellectual property
Intellectual property - ranked: tier 6

Clifford Chance LLP

Clifford Chance LLP provides advice that is 'good value for money' across a range of transactional and contentious IP matters with a particular strength in handling UK and EU trade mark invalidation and opposition matters. With 'a breadth of experience and high-quality business acumen in the field' Stephen Reese has 'a commercial appreciation of the risks combined with a solid grasp of the issues when set in the legal framework'; he is notably active in the life sciences sector.  Reese jointly heads up the practice with Vanessa Marsland, who focuses on brand matters in the technology, media and consumer goods sectors.

Practice head(s):Vanessa Marsland; Stephen Reese

Testimonials

'The team always uses innovative and efficient approaches to produce outcomes which meet the clients needs without delay even if the request is at short notice or urgent.'

'While a large City firm, an experience with Stephen Reese and his team is one akin to that of a boutique firm which focuses on commercial reality as much as legal interpretation and risks.'

'The team is able to deal with a variety of matters, utilising the firm's network in collaboration with foreign lawyers.'

'Stephen Reese is able to breach the legal firm and in-house divide; a rare gift!'

Key Clients

Clydesdale Bank

Cyprus Government

Fruit of the Loom

Pfizer

The Absolut Company

Syncona

Imagination Technologies

Astex Therapeutics

Bova UK

Orbit Biomedical

Fujifilm Kyowa Kirin Biologics

Work highlights

  • Acted for Astex Therapeutics in an appeal to a decision relating to whether it is entitled to financial compensation following AstraZeneca's development of a pharmaceutical product, which was derived from research in which Astex was involved.
  • Defended Police Mutual Assurance Society (PMAS) in a passing off allegation brought by The Military Mutual in the IPEC relating to PMAS's use of the word 'mutual' in its trading name.
  • Assisted  Fujifilm Kyowa Kirin Biologics with the creation of a complex patent, know-how and data licence with Mylan.
  • Advised Pfizer on a complex global licensing transaction relating to mRNA-based flu vaccines.
  • Advised The Coca-Cola Company on the IP aspects of its acquisition of Costa Coffee.

[back to top]

Sport
Sport - ranked: tier 3

Clifford Chance LLP

Clifford Chance LLP's international sports practice advises governing bodies on commercial, contentious and regulatory matters, including event hosting and IP, while also acting for shareholders and governing bodies on major disputes. The firm has been advising US businessman and Arsenal majority shareholder Stan Kroenke on his £600m bid to buy the whole of the Premier League football club. Litigation partner Christopher Yates leads the firm's work with the Centre for Sport and Human Rights, an institution established to hold professionals in the sector accountable for breaching human rights, whereas commercial/M&A partner Jennifer Mbaluto specialises in media rights work.

Practice head(s):Chris Yates

Other key lawyers:Jennifer Mbaluto

Testimonials

"A super smart group of individuals, who are incredibly dedicated to providing a great service and understanding the field." 

"Senior associate James Cranston goes above and beyond to provide a great client service."

"Junior associate Rory Scott is incredibly diligent, and provides thoughtful practical advice."

Key Clients

Arsenal Football Club

Centre for Sport and Human Rights

Stanley Kroenke and Kroenke Sports Enterprises

International Paralympic Committee

Invictus Games Foundation

McLaren Group

Pakistan Cricket Board

Real Madrid FC

Sport Resolutions anti-doping panel

UK Football Association

Valeri Belokon

VB Football Assets

World Rugby

21st Century Fox

Work highlights

  • Advising Arsenal Football Club in relation to a number of both commercial and contentious matters.
  • Successfully represented Baltic International Bank JSC and part 20 Defendant VB Football Assets in a claim in the Manchester Mercantile Court against the majority shareholder of Blackpool Football Club.
  • Acted for a president of a football club in a dispute with the English Football League following its decision to ban them from acting as an owner and director.
  • Mandated by Invictus Games Foundation as sole legal advisor, providing legal advice on all aspects of its operations including IP, commercial strategy and the organisation of the Invictus Games.
  • Advising the International Paralympic Committee on commercial matters, including sponsorship agreements and regulatory matters, including its approach to the categorisation of athletes.

[back to top]

London: Transport

Rail
Rail - ranked: tier 1

Clifford Chance LLP

Clifford Chance LLP's cross-practice rail offering is 'particularly strong, given the combination of in-depth, detailed knowledge of the sector and its commercial approach'. The team, which is able to effectively leverage its international network of experts to advise on complex, cross-border mandates, is renowned for its involvement in leading rail projects and it is instructed by an array of rail infrastructure bodies, manufacturers, investors, operators and suppliers. It advised a Government of Abu Dhabi entity, with global mining operations, on the procurement of a mineral ore freight rail service in Abu Dhabi. The rail practice operates in tandem with the firm's construction and infrastructure team to provide a full service to rail sector clients.  Global head of rail Paul Carrington specialises in financing, leasing and sales, and senior associate Dominic Watts has 'in-depth knowledge and understanding of the sector'.

Practice head(s):Paul Carrington

Other key lawyers:Michael Pearson; Ranbir Hunjan; Gavin Teague; Dominic Watts; Edward Norman; Alain Dodds

Testimonials

'The level of expertise specific to this sector, which is rare, and is extremely valuable in structuring of transactions'.

'The team is a pleasure to work with'.

'The team is extremely knowledgeable about the rail sector in general and on rolling stock finance in particular; this combination makes for a very compelling proposition'.

'Ranbir Hunjan provides positive leadership to the team and makes himself readily available to manage and direct negotiations'.

'Dominic Watts has a wealth of experience in the sector and is able to articulate in plain English the intricacies and implications of rail law'.

'Ranbir Hunjan is an excellent lawyer who commands respect in negotiations'.

'Edward Norman excels in running transactions, without the constant input of a partner, and challenges others views and opinions with his own'.

Key Clients

Transport for London

Network Rail

Rock Rail

CDPQ and Hermes Infrastructure (part owners of Eurostar)

European Investment Bank

The Royal Bank of Scotland

SMBC

ING

Lombard

EQT Infrastructure

Work highlights

  • Advised Network Rail on the sale of its commercial real estate portfolio to Telereal Trillium and Blackstone Property Partners for £1.46bn.
  • Advised KEXIM and Ksure on the KL-Singapore High Speed Rail Project.
  • Advised Orix (and Mizuho) on their proposed acquisition of an equity interest in the Intercity Express PPP Project in the UK.
  • The team conducted a high-level review, for an international bank, of the tender version of the Build-Operate-Transfer Agreement for the Jerusalem Light Rail Transit Network Project, proposed to be entered into between the State of Israel and a yet to be designated project company, pursuant to which the project company will build, operate, maintain and transfer a light-rail transit project in Jerusalem.
Leading individuals

Paul Carrington - Clifford Chance LLP

Rising stars

Dominic Watts - Clifford Chance LLP

[back to top]


Further information on Clifford Chance

Please choose from this list to view details of what we say about Clifford Chance in other jurisdictions.

United Arab Emirates

Offices in Abu Dhabi and Dubai

Angola

Australia

Offices in Sydney and Perth

Belgium

Offices in Brussels

China

Offices in Shanghai and Beijing

Czech Republic

Offices in Prague

Germany

Offices in D√ľsseldorf, Frankfurt, and Munich

Algeria

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Ghana

Hong Kong

Offices in Hong Kong

Iran

Indonesia

Offices in Jakarta

Latin America: International firms

India

Italy

Offices in Rome and Milan

Japan

Offices in Tokyo

London

Offices in London E14 and London EC2R

Luxembourg

Offices in Luxembourg

Morocco

Offices in Casablanca

Malaysia

Mozambique

Netherlands

Offices in Amsterdam

Philippines

Poland

Offices in Warsaw

Qatar

Offices in Doha

Asia Pacific: Regional International Arbitration

Romania

Offices in Bucharest

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Offices in Seoul

Saudi Arabia

Offices in Riyadh

Tunisia

Turkey

Offices in Istanbul

United States

Offices in Washington DC and New York

Vietnam

Legal Developments in the UK

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Court of Justice rules on source of income for Derivative Residence applications

    On 2 October 2019, the Court of Justice delivered its judgment in Bajratari v Secretary of State for the Home Department (Directive 2004/38/EC) Case C-93/18 which concerns Chen applications and the source of funds for self-sufficiency. 
  • End of the ‚Äėcentre of life test‚Äô in Surinder Singh cases?

    In the recent case of¬† ZA (Reg 9. EEA Regs; abuse of rights) Afghanistan ¬† [2019] UKUT 281 (IAC ), the Upper Tribunal found that there is no basis in EU law for the centre of life test, as set out in Regulation 9(3)(a) of the Immigration (European Economic Area) Regulations 2016 (the ‚ÄúRegulations‚ÄĚ). It further found that it is not to be applied when Judges assess ¬†Surinder Singh ¬†cases that appear before them.
  • Terms of employment as a sole representative

    In this article we examine the working arrangements of sole representatives, looking at the terms and conditions of employment that the Home Office will expect a sole representative to have in order to qualify as a representative of an overseas business.  
  • Can Sole Representatives Be Shareholders?

    The Immigration Rules require that an applicant for a¬† sole representative visa ¬†is not ‚Äúa¬† majority shareholder in the overseas business‚ÄĚ.
  • Immigration Skills Charge - A Guide for Employers

    As a Sponsor, you may be required to pay the Immigration Skills Charge (ISC) each time you sponsor a migrant in the  Tier 2 General  or  Intra-Company Transfer (ICT) Long-term Staff  subcategory.
  • 5 FAQS about paragraph 320(11)

    In applications for entry clearance where the applicant has a negative immigration history in the UK, the application may be refused under the general grounds for refusal, which are found in part 9 of the Immigration Rules. Where an applicant has ¬†‚Äėpreviously contrived in a significant way to frustrate the intentions of the Immigration Rules‚Äô,¬† the application could be refused under paragraph 320(11). In this post we look at five frequently asked questions about paragraph 320(11).¬†
  • Multiple nationality and multiple citizenship (including dual nationality and dual citizenship)

    British nationality law permits multiple nationality and multiple citizenship, including dual nationality and dual citizenship.
  • Applying for Indefinite Leave to Remain in the Exceptional Talent or Promise Category

    The  Exceptional Talent  and Exceptional Promise categories are for individuals who are recognised leaders or emerging leaders in their field of expertise. There are a number of endorsing bodies for lots of different fields of work, including  artists and musicians ,  architects ,  digital experts ,  scientists  and  academics . While there isn’t an endorsing body for every expert, the growing list means that many individuals could enjoy the flexibility that this category has to offer. 
  • PARALLEL PROCEEDINGS ‚Äď CIVIL AND CRIMINAL

    Syedur Rahmanconsiders the factors that determine when civil proceedings can go ahead before,or at the same time as, criminal proceedings relating to the same circumstances.
  • Rights of appeal after the Immigration Act 2014

    The Immigration Act 2014 (‚Äúthe 2014 Act‚ÄĚ) reduced the circumstances in which the refusal of an immigration application will give rise to a right of appeal.¬†The¬† explanatory notes ¬†to the 2014 Act state that the Act was intended to restructure rights of appeal to the Immigration Tribunal. Previously, a right of appeal to the Immigration Tribunal existed against any of the 14 different immigration decisions listed in s.82 of the¬† Nationality, Immigration and Asylum Act 2002 ¬†(‚Äúthe 2002 Act‚ÄĚ). As explained below, whether or not the refusal of an immigration application currently generates a right of appeal depends on the subject matter of the application rather than its categorisation.