The Legal 500

Clifford Chance

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

London

Top-tier recommendations

  • London: Transport > Rail

Recommendations

  • London: Projects, energy and natural resources > PFI and PPP

London: Corporate and commercial

Within Corporate tax, Clifford Chance is a second tier firm,

The highly experienced Chris Davies leads the corporate tax team at Clifford Chance. Dan Neidlegives the client the pleasant feeling that matters are under control and in safe hands’, and recently, alongside a number of other partners in London and New York, handled the tax issues relating to a multibillion-dollar acquisition by a banking group client. Another 2012 highlight for the team was advising Hammerson plc on the acquisition of The Junction Unit Trust, a deal which comprised a portfolio of retail parks and a development site; David Saleh was the lead partner.

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Within Equity capital markets: UK capability, Clifford Chance is a first tier firm,

Clifford Chance stands out as having a sizeable and particularly active team. Among a series of high-profile deals, Iain Hunter led the advice to Deutsche Bank, Numis Securities and Shuaa Capital on the IPO of Abu Dhabi business NMC Health, which raised £117m; Adrian Cartwright acted for JP Morgan on a €1.25bn issue by KBC Group by means of an accelerated bookbuild; and Simon Thomas advised TeliaSonera AB on the $525m flotation of its subsidiary Kcell, a leading Kazakh mobile company.

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Within Equity capital markets: US capability, Clifford Chance is a third tier firm,

John Connolly heads Clifford Chance’s US securities group. He was part of an international team which advised Deutsche Bank, Numis Securities and Shuaa Capital on the premium listing on the London Stock Exchange of NMC Health, capitalised at £390m.

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Within EU and competition, Clifford Chance is a second tier firm,

Clifford Chance provides ‘terrific service, and despite the size of the firm, great value for money’. Oliver Bretz heads the global antitrust practice, with Alex Nourry leading the London team. Elizabeth Morony has ‘in-depth knowledge of the law in this field, coupled with first-class litigation acumen’. Luke Tolaini and Greg Olsenboth respond very promptly and provide knowledgeable, practical and concise advice’. Jenine Hulsmann, ‘an excellent competition lawyer who writes beautifully’, led the work on the competition and regulatory aspects of Everything Everywhere’s successful application to become the UK’s first provider of fourth-generation mobile services.

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Within Financial services, Clifford Chance is a first tier firm,

Technically excellent and also seamlessly able to tap into the firm’s transactional expertise’, Clifford Chance has a ‘down-to-earth and thorough approach’, assisting individual entities and trade associations on standalone regulatory matters as well as on the advisory side of major strategic transactions. Simon Crown is advising the Co-operative Group on the proposed acquisition of a significant UK retail banking business from Lloyds Banking Group. Other key figures in the financial regulatory practice include the ‘highly technicalSimon Gleeson; ‘excellent’ team head Christopher Bates; and Monica Sah, who has been active working alongside various trade bodies to produce an EU Regulation Implementation handbook. Aided by an in-house team of forensic accountants, the team is well equipped to handle the full suite of investigatory, enforcement and litigation work both on a domestic and cross-border basis. Roger Best has assisted banks in relation to regulatory investigations across Europe, Asia and the US, and Carlos Conceicao is ‘knowledgeable, practical and user-friendly’.

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Within M&A: mid-market, £50m-£250m Leading individuals: M&A

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Within M&A: smaller deals, up to £50m Leading individuals: M&A

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Within M&A: upper mid-market and premium deals, £250m+, Clifford Chance is a first tier firm,

Very commercial and easy to deal with’, Clifford Chance’s ‘first-rate’ corporate team ‘reacts quickly, and knows what is important’. In addition to its well-established private equity capability, the 39-partner practice acts for a number of FTSE 100 clients, as well as over a quarter of the world’s listed entities, including Chinalco and Motorola. Brendan Moylan advised International Power plc on Electrabel’s £4.6bn recommended cash offer to acquire IPR’s ordinary share capital. Global corporate head Matthew Layton and London corporate head Simon Tinkler are also highly recommended, as is Spencer Baylin, who is ‘excellent with detail, but also has a good understanding of what is important’. Newly promoted partners Melissa Fogarty and Caroline Sherrell also attract praise.

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Within Partnership Partnership

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Within Private equity: transactions, Clifford Chance is a first tier firm,

Clifford Chance fields ‘a very strong team’ with the capability to ‘support the client on the most complex transactions’. 2012 saw Simon Tinkler lead the advice to Clayton Dubilier & Rice on its acquisition of a stake in B&M Stores. David Pearson was promoted to head the practice following David Walker’s departure to Latham & Watkins. Amy Mahon is ‘responsive, and focused on getting the transaction done’, and Spencer Baylin, Matthew Layton, Jonny Myers and Kem Ihenacho are also recommended.

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Within VAT and indirect tax, Clifford Chance is a first tier firm,

Etienne Wong is the highly regarded head of Clifford Chance’s international VAT practice. He and David Saleh act for a broad client base which includes some of the world’s largest banks, investment funds and private equity houses. Recent highlights include advising a leading financial institution on the VAT implications of the Vickers report on ring-fencing banks, and acting for a private equity house on the recovery of VAT incurred on corporate transactions.

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London: Crime, fraud and licensing

Within Corporate crime (including fraud, bribery and corruption), Clifford Chance is a first tier firm,

Clifford Chance is representing a major international bank in investigations by the US and UK authorities, and coordinating the bank’s response to other regulatory authorities across three continents. It is also acting for a major blue-chip company in investigations by UK and overseas authorities into its relationship with certain key investors. Roger Best is an ‘excellent strategist’, and Simon Davis is also recommended.

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Within Fraud: civil, Clifford Chance is a first tier firm,

Clifford Chance continues to excel in ‘big-ticket cases’. It is acting for Société Générale in relation to a significant fraud in the commodities sector, and is also advising Barclays in the high-profile case brought by Guardian Care Homes Group over allegations of mis-selling derivatives and Libor manipulation. Practice head Roger Best is ‘very versatile’, and Stephen Surgeoner is also well regarded.

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Within Fraud: white-collar crime Leading individuals: fraud

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London: Dispute resolution

Within Banking litigation: investment and retail, Clifford Chance is a first tier firm,

Clifford Chanceknows its institutional clients ’ needs inside out, and the litigation practice is ideal for heavyweight disputes’. The team advised Barclays in a high-profile case brought by Guardian Care Homes Group, involving allegations of mis-selling derivatives and Libor manipulation. Team head Ian Moulding is ‘a hardworking, able litigator’; Simon Davis is ‘calm, approachable and strategically focused’; Roger Best has a ‘deep understanding of regulatory landscapes’; and Simon James has ‘an outstanding legal mind’. Julian Acratopulo, Helen Carty, Jeremy Kosky, Elizabeth Morony and Martin Saunders are also highly rated. Matthew Newick has relocated to the firm’s Hong Kong office.

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Within Commercial litigation, Clifford Chance is a first tier firm,

Clifford Chance is ‘fantastic for difficult disputes’. Its recent work includes acting for Barclays in the test case brought by the Guardian Care Homes Group over allegations of mis-selling derivatives and Libor fixing. ‘Widely esteemed practitionerJeremy Sandelson is global practice head; Julian Acratopulo has ‘excellent commercial and legal knowledge’; and Ian Moulding is ‘experienced at managing big and complex cases’. The ‘deeply experiencedRoger Best, Simon Davis, Roger Leese, Elizabeth Morony and Iain Roxborough are also recommended. Dorian Drew joined from Norton Rose LLP.

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Within International arbitration, Clifford Chance is a second tier firm,

Clifford Chance has ‘a go-to practice for large, complex disputes’. Audley Sheppard successfully led a team acting for an investment firm in an LCIA arbitration, which involved a claim for damages following the termination of a project to reduce carbon emissions; and Rob Lambert represented Raytheon in an arbitration concerning the termination of the UK government’s e-Borders programme. Also recommended are Alex Panayides and newly promoted partner Marie Berard.

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Within Public international law, Clifford Chance is a first tier firm,

Clifford Chance has a team of ‘superb, go-to advisers’ which has recently acted in relation to investment treaty disputes, immunity issues, international sanctions, international law issues arising out of governments’ responses to political and economic crises, sovereign debt matters and the eurozone crisis. It also increased its profile in business and human rights advisory matters. Rae Lindsay and Audley Sheppard are ‘highly recommended’, and consultant Andrew Dickinson is also a key figure.

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London: Finance

Within Acquisition finance, Clifford Chance is a first tier firm,

Able to leverage the firm’s vast international footprint and to provide advice at a ‘consistently high level’ to banks, corporates, sponsors and alternative debt providers, Clifford Chance’s team is regularly instructed on the most significant transactions in the market. The ‘excellentKaren Hodson provides ‘highly commercial advice’, and recently represented banks including Bank of Ireland and HSBC on the £435m senior and £120m mezzanine financing for Cinven’s acquisition of CPA Global. Michael Bates, James Boswell and Emma Folds are ‘commercial and easy to work with’. Other key members of the team include the ‘pragmaticAlan Inglis; the ‘superbJames Johnson; and Charles Cochrane, who recently advised BNP Paribas and Deutsche Bank on providing a new £260m senior term loan facility to Carlyle in relation to its previous acquisition of RAC from Aviva.

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Within Asset finance and leasing, Clifford Chance is a first tier firm,

Able to handle complex structures in a very professional manner’, Clifford Chance’s five-partner team excels at deals requiring cross-practice and cross-office resources. Following on from its recent high-profile instruction to handle the $7.4bn disposal of RBS’ aviation leasing unit, the team has handled numerous portfolio sales for banks as they look to divest non-core assets to comply with stricter capital adequacy requirements. The ‘very experiencedWilliam Glaister was involved in the RBS disposal, and also recently advised DVB Bank and PK AirFinance on the $232.5m refinancing of an aircraft portfolio owned by Dubai Aerospace Enterprise. On the rail side, Gavin Teague advised the EIB on its participation in the £2.2bn financing of the Intercity Express Programme. Nick Swinburne, Ranbir Hunjan and Robert Burley are also recommended.

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Within Bank lending: investment grade debt and syndicated loans, Clifford Chance is a first tier firm,

Clifford Chance has ‘a very deep and broad practice’, with Nicola Wherity, Michael Bates, Malcolm Sweeting, Charles Cochrane, Mark Campbell, Jim MacHale, Karen Hodson and Alan Inglis among many ‘highly recommended’ partners. Rising star Taner Hassan advised Türk Telekomünikasyon on a loan facility comprising tranches of $285m and €239m. Lender clients include GE Capital, HSBC and Lloyds Banking Group, all of which MacHale advised on a £125m facility for Omers.

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Within Commodities: derivatives, Clifford Chance is a second tier firm,

Despite losing key partners Claude Brown and Peter Zaman, Clifford Chance remains ‘a highly rated name in the sector’. Leonard Cleland advised Raiffeisen Bank on the structured financing of a gold mining group. Derivatives specialist Habib Motani advised Morgan Stanley on documentation for gold transactions. Dermot Turing and Roger Best are also recommended.

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Within Commodities: physicals Leading individuals: commodities

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Within Corporate restructuring and insolvency, Clifford Chance is a first tier firm,

Clifford Chance’s ‘experienced’ seven-partner team has been involved in an increasing volume of debtor/sponsor side work, in addition to attracting a continued steady flow of bank side mandates. The ‘intellectual, hardworking and commercialIain White advised EurotaxGlass on its £250m restructuring, and the ‘excellentDavid Steinberg represented the senior lenders in the £1.37bn Viridian Group restructuring. The ‘pragmatic, and calmPhilip Hertz is ‘regularly involved in the real big-ticket matters’, recently advising the senior creditors on the €2.77bn SEAT Pagine Giale restructuring. Also recommended are the ‘pragmatic and sensibleJohn MacLennan and the ‘excellentAdrian Cohen.

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Within Debt capital markets, Clifford Chance is a first tier firm,

Clifford Chance is ‘a strong player in structured deals’ and sovereign debt, especially in emerging markets. David Dunnigan and Tim Morris led a team which advised Barclays Bank and Deutsche Bank on the Republic of Zambia’s $750m debut eurobond. Dunnigan also advised Inter-American Investment Corporation on its $1bn EMTN programme. Highlights for Simon Sinclair included advising UBS on a $2bn CoCo bond. David Bickerton has an outstanding reputation, and recently advised Cambridge University on a £350m issue. Robert MacVicar and Stewart Dunlop are also recommended.

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Within Derivatives and structured products, Clifford Chance is a second tier firm,

Incredibly impressive’, Clifford Chance has ‘a strong team known for the volume and complexity of deals it handles’. Habib Motani is ‘first class’, and is recommended along with Matthew Grigg, Andrew Coats, Deborah Zandstra, Andrew Yianni and Anne Drakeford, who is ‘robust and not afraid to share her informed and commercial views’. Grigg advised Commerzbank on a structured note programme of up to €10bn. Jessica Littlewood is also recommended.

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Within Emerging markets, Clifford Chance is a second tier firm,

Clifford Chance is ‘very good at drafting, and its eagerness to negotiate is worth underlining’. Leonard Cleland’s ‘impressive’ team includes Geeta Khehar, who has ‘local knowledge, commercial acumen and legal expertise’. Other ‘extremely knowledgeable and helpful’ partners include Jim Machale, Michael Bates, Mark Campbell, Charles Cochrane and Emma Folds. Standout deals included advising VTB Capital on the $3.6bn sale of Onexim Group’s stake in Polyus Gold International.

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Within High yield, Clifford Chance is a second tier firm,

Clifford Chance has three notable specialists in Fabio Diminich (‘surely the best player, with a remarkably positive attitude’), Michael Dakin and Tony Lopez. Diminich advised lead arrangers, global co-ordinators and bookrunners including JP Morgan on a £600m offering - the largest single sterling amount raised in the high yield market - as part of Arqiva’s £3.6bn debt refinancing. Dakin and John Connolly represented Spanish cable operator ONO in deals totalling $1.65bn.

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Within Investment funds, Clifford Chance is a first tier firm,

Clifford Chance continues to handle top-end work across private equity, infrastructure and real estate funds. It acted on Infracapital Partners II, Tata Capital Opportunities Fund, BlackRock Private Equity Partners VI, and the €6.5bn Permira V European buyout fund. Practice head Nigel Hatfield has ‘outstanding knowledge’, Gerard Saviola is ‘disciplined, focused and insightful’, and financial regulatory practice head Christopher Bates is ‘thoughtful and pragmatic, and has encyclopaedic knowledge’.

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Within Islamic finance, Clifford Chance is a first tier firm,

Clifford Chance’s highly regarded and well-rounded practice advised HSBC on the updating of its $5bn sukuk issuance programme, and also on a $500m issuance under the programme. The firm’s Dubai office advised Ports & Free Zone World FZE as borrower on the $850m refinancing of its existing facilities, with a conventional and an Islamic tranche. London team head Habib Motani has been working with scholars from the International Islamic Financial Market (IIFM) to produce market standard, shari’ah-compliant documentation for profit-rate swaps. Senior associate Susi Crawford is also recommended. Dubai-based Qudeer Latif heads the global group.

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Within Securitisation, Clifford Chance is a first tier firm,

Clifford Chance is ‘one of the pioneers of European securitisation and has vast depth of experience, especially in the conduit and credit card sectors’. Providing ‘excellent service in all respects’, Andrew Forryan’s team includes Kevin Ingram (‘the guru, especially in credit card deals’); Peter Voisey (‘a safe pair of hands’); Simeon Radcliff (who is ‘highly rated, with exceptional business acumen’); utility sector and CMBS specialist Steve Curtis; and Christopher Walsh. Voisey advised Deutsche Bank as arranger on a $500m covered bond programme for Panama’s Global Bank. Ingram’s highlights included a $1.2bn credit card deal, advising the originators. Emma Matebalavu is ‘highly recommended’.

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Within Trade finance, Clifford Chance is a first tier firm,

Clifford Chance’s lawyers are ‘excellent at what they do’, with a focus on high-end structured deals. Practice head Leonard Cleland and asset finance expert Nick Swinburne stand out in a team which advises many of the world’s leading commodity trading houses and lending banks. The firm is known for large ECA financing deals, usually for banks. Highlights included advising on a $145m prepayment facility to a global energy trading company under an export contract with a Russian oil producer.

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London: Human resources

Within Employee share schemes, Clifford Chance is a first tier firm,

Clifford Chance retains its top-tier position notwithstanding some changes to the team, including the retirement of leading industry figure Robin Tremaine and the move of the equally well-respected Kevin Thompson to part-time status. Thompson and ‘excellent lawyer’, Sonia Gilbertboth have a deep knowledge of the field’; ‘it is difficult to think how the service can be improved’. Gilbert leads cross-border advice to Barclays on all its share and cash incentive plans, and the team also advises Diageo and new client win RBS on a global basis. Experienced senior associate Liz Pierson joined from an in-house position.

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Within Employment: employers and senior executives, Clifford Chance is a third tier firm,

Clients single out Clifford Chance’s ability to lead on investigations as ‘invaluable’. Highlights in 2012 included advising Barclays on the disciplinary proceedings taken against employees arising out of the investigations by enforcement bodies into the setting of Libor. The firm also acted for a retail and investment bank in a disciplinary exercise resulting from a regulatory investigation into an alleged failure by the bank’s employees to comply with US sanctions rules over a ten-year period. Practice head Chris Goodwill is ‘an iron fist in a velvet glove’, and Alistair Woodland is ‘diligent and hardworking’.

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Within Pensions, Clifford Chance is a third tier firm,

Clients of Clifford Chance highlight its commercial understanding and industry knowledge as well as ‘the availability of other specialism when matters require broader expertise’. Practice head Hywel Robinson led advice to Citigroup on the transfer of the EMI Group Pension Fund. ‘Deeply impressive lawyerClare Hoxey has ‘formidable negotiating skills’, and acted for the trustees of Alcatel-Lucent’s UK pension schemes on a variety of multi-jurisdictional pension issues. Imogen Clark is experienced.

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London: Insurance

Within Insurance litigation: for policyholders, Clifford Chance is a first tier firm,

At Clifford Chance, Philip Hill advises on significant insurance coverage disputes. 2012 instructions related to damage to oil rigs during Hurricane Ike, the expropriation of assets in Venezuela, sub-prime mortgages, and the alleged mis-selling of complex financial products. Stephen Surgeoner represented Société Générale in the Commercial Court in a $500m insurance claim in relation to a theft of gold.

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Within Insurance: corporate and regulatory, Clifford Chance is a first tier firm,

Having operated as a global sector group for many years, Clifford Chance is well placed to advise on international transactions. The ‘market-leadingKatherine Coates is ‘a true expert’ in risk transfer schemes, and the person to go to ‘if you want a good job well done’. In 2012, she led advice to Abbey Life on its innovative and complex reinsurance agreement, and advised Aviva on the disposal of its eastern European operations. Alex Erasmus advised HSBC on a series of complex pan-Asian and South American insurance business disposals and associated bancassurance arrangements. The experienced Clare Swirski and Hilary Evenett advised the Co-operative Banking Group on the sale of its life insurance business to Royal London. Ashley Prebble joined from Norton Rose Fulbright.

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Within Insurance: insolvency and restructuring, Clifford Chance is a first tier firm,

Philip Hertz and David Steinberg at Clifford Chance have advised on some of the highest-profile assignments in the insurance industry. The team continues to advise on the ‘cut-off’ scheme for English & American Insurance, and on separate schemes for the creditors of Highlands Insurance. In 2012 it provided compliance advice to London-based brokers in respect of the FSA rules on risk mitigation and living wills.

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Within Professional negligence, tier 5

Clifford Chance is ‘renowned’ for high-value, complex, cross-jurisdictional matters. Its expertise spans disputes involving accountants, lawyers and brokers, and it also advises fund managers and trustees on negligence claims and regulatory issues. Team head Philip Hill is ‘first class’, and Stephen Surgeoner and Roger Leese are also singled out.

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London: Private client

Within Contentious trusts and probate, Clifford Chance is a second tier firm,

Clifford Chance handles ‘hefty cases’, and is noted as giving matters ‘calm, mature consideration’. Jeremy Kosky is ‘easy to work with and takes the lead at negotiating settlement, but doesn ’t try to force the pace’. The firm is currently acting for Brian Gilbertson in a long-running dispute in the Cayman Islands in respect of an alleged dishonest breach of fiduciary duties; the matter is now on appeal. Other clients of the team include Rothschilds, HSBC and Coutts. Maxine Mossman was promoted to the partnership in 2013.

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London: Projects, energy and natural resources

Within Infrastructure, Clifford Chance is a first tier firm,

Clifford Chance has ‘an excellent understanding of European regulations impacting infrastructure’. Recent highlights include advising the lenders on the Thames Rolling Stock project, and the joint venture sponsors on the multibillion-euro Etlik hospital project in Ankara. Brendan Moylan, who specialises in infrastructure asset M&A, is ‘very strong’, and Michael Bates is ‘a star on infra financing’. Highly regarded finance and public procurement specialist Huw Jenkins recently returned to the London office from Hong Kong. Amy Mahon is also recommended.

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Within Mining and minerals, Clifford Chance is a first tier firm,

David Lewis and James Pay co-head Clifford Chance’s mining group, which advised Morgan Stanley and Citibank on the merger between Glencore and Xstrata. It is very active on the lender side of major transactions, and highlights on the company side included acting for GeoProMining on the $120m disposal of its interests in two Georgian natural resource companies.

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Within Oil and gas, Clifford Chance is a first tier firm,

Clifford Chance advised Statoil on its first investment in the Australian oil and gas sector; and John Wilkins is advising Royal Dutch Shell on its purchase of a $6.7bn portfolio of LNG interests from Repsol in Peru and Trinidad and Tobago. On the European downstream side, Wilkins has been advising Shell International on its $100m acquisition of Polish filling stations from Neste. David Lewis advised Salamander Energy on its £200m rights issue on the London Stock Exchange.

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Within PFI and PPP, Clifford Chance is a second tier firm,

Clifford Chance advised the European Investment Bank on both the Thames Rolling Stock and Intercity Express PPPs. Gavin Teague led the advice on both projects, and also advised Elbit Systems and Kellogg Brown & Root as shortlisted bidders for the UK Military Flying Training System framework PPP. Internationally, David Metzger is advising the sponsors on two pathfinder hospital PPPs in Turkey. Tim Steadman has notable experience in the field.

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Within Power (including electricity, nuclear and renewables), Clifford Chance is a first tier firm,

Clifford Chance covers the full gamut of corporate and financing issues, with a strong roster of bank and investor clients. In conventional, John Wilkins advised EDF on post-completion matters after the 2010 disposal of Eggborough power station; and in renewables, James Pay advised PGGM and Ampere on their refinancing of minority interests in the Walney I and II offshore wind farms. Jeremy Connick heads the group.

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London: Public sector

Within Administrative and public law, Clifford Chance is a third tier firm,

Clifford Chance’s ‘thorough and professional’ team advised James Murdoch in relation to the Leveson Inquiry. The firm is also representing the native population of the Chagos Islands, for which it handled a claim in the European Court of Human Rights. Elizabeth Morony and associate Sam Brown are recommended.

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Within Public affairs, Clifford Chance is a first tier firm,

Clifford Chance’s ‘professional, open and responsive’ London team works closely with colleagues in Europe, and often acts on matters at EU level. It advised Sorenson Communications on its campaign to introduce video-relay services into the UK for the deaf and hard of hearing. Other clients include TheCityUK, Barclays, EADS and Pfizer. Oliver Bretz is ‘excellent’, and senior associate Alan Mak is ‘an outstanding lawyer and strategic thinker’.

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London: Real estate

Within Commercial property, Clifford Chance is a first tier firm,

Clifford Chance is ‘the right size and has the right expertise and experience for high-end complex work’, and maintains its top ranking by virtue of the size, complexity and geographic spread of transactions as well as its integrated corporate, finance, funds and structured finance capabilities. It advised longstanding client Hammerson on a 50:50 joint venture with Westfield to redevelop the Whitgift Centre and Centrale shopping centre in Croydon, a £1bn deal. Jonathan Solomon, Mark Payne (‘very bright’), Adrian Levy, Franc Peña, Tony Briam and Catherine Cook give ‘commercially focused advice that demonstrates in-depth sector knowledge’.

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Within Construction, Clifford Chance is a second tier firm,

Clifford Chance is ‘just excellent’. Its recent mandates include advising Battersea Project Land Company on its high-profile redevelopment of Battersea Power Station including the Northern Line Underground extension. The contentious practice focuses on international arbitration, representing contractors, developers and funders. Tim Steadman is ‘one of the best-known construction lawyers in the world’, and co-chairs the group with David Metzger, who has ‘impressive legal intellect’. The ‘commercially sensible’ Marianne Toghill and wind turbine expert Tracy London are also recommended.

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Within Environment, Clifford Chance is a third tier firm,

Clifford Chance continues to win instructions relating to energy projects and transactions; recent examples include advising Aviva Investors on the £100m acquisition of Homesun’s 23MW portfolio of residential photovoltaic systems. It also regularly advises private equity and real estate clients on CRC issues. Ben Stansfield has recently joined Stephenson Harwood.

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Within Planning, Clifford Chance is a third tier firm,

In 2012, Clifford Chance advised well-established client Canary Wharf Group in relation to a new planning consent for the Wood Wharf development, an eight-hectare extension to the Canary Wharf estate. The planning practice is also busy assisting Helical Bar with the complex development of the 2.3-acre Barts Square, which entails various planning issues relating to highways strategy and affordable housing. Nigel Howorth is ‘sensible and considered’.

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Within Property finance, Clifford Chance is a first tier firm,

Clifford Chance focuses on major UK and cross-jurisdictional finance transactions. The team won new loan origination instructions from Deutsche Bank, Barclays and Canary Wharf, and advised Bank of America, Royal Bank of Canada and Wells Fargo as senior lenders on the £547m financing of Maybourne Hotel Group. Andrew Carnegie, Alistair McGillivray, Damian Perry and Jane Cheong Tung Sing are ‘uniformly excellent’.

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Within Property litigation, tier 4

Recent matters handled by Clifford Chance include advising developer Woodford Land in ongoing disputes with Persimmon Homes, and various insolvency-related cases. Senior associates Ben Hatton and Bryan Johnston are recommended.

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Within Social housing: finance, Clifford Chance is a second tier firm,

Despina Pantelia heads Clifford Chance’s ‘value-for-money’, bank-focused practice. The ‘approachable’ Ruby Giblin and Bruce Kahl advised Lloyds TSB on a £225m bond issue by Saxon Weald Homes.

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London: TMT (technology, media and telecoms)

Within Intellectual property, tier 5

Clifford Chance advises household name clients on IP transactional, commercial and litigation matters. Trade mark and copyright expert Vanessa Marsland has ‘deep expertise’.

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Within IT and telecoms, Clifford Chance is a third tier firm,

Joachim Fleury and Spencer Baylin jointly head Clifford Chance’s telecoms practice, which has a transactional and regulatory focus. The team has acted for TeliaSonera on various international transactions, and advised NTT Communications on acquiring a majority stake in Gyron Internet. Regulatory lawyer Jenine Hulsmann advised EE on its application to become the UK’s first provider of 4G mobile services.

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Within Media and entertainment, tier 5

Clifford Chance’s Daniel Sandelson advised Global Radio on its acquisition of Guardian Media Group’s radio business. Other work included advising on television and film production and distribution.

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London: Transport

Within Rail, Clifford Chance is a first tier firm,

The ‘experienced’ team at Clifford Chance advised the European Investment Bank regarding the £2.2bn financing of the Intercity Express Programme; acted for Southern Railway on the public procurement of rolling stock from Bombardier; and is advising Angel Trains on all aspects of the current refranchising process. Department head Gavin Teague is ‘astute and commercially aware’, and Alex Nourry is ‘first rate’.

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Further information on Clifford Chance

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

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Offices in Shanghai and Beijing

Czech Republic

Offices in Prague

Germany

Offices in Dusseldorf, Frankfurt, and Munich

Algeria

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Indonesia

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

Netherlands

Offices in Amsterdam

Philippines

Poland

Offices in Warsaw

Qatar

Offices in Doha

Romania

Offices in Bucharest

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Thailand

Offices in Bangkok

Tunisia

Turkey

Offices in Istanbul

Ukraine

Offices in Kiev

United States

Offices in Washington DC, New York, and Menlo Park

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    It is often difficult to predict what will be recoverable as damages for breach of contract. To provide some certainty, parties will often seek to agree the sum that will be payable in the event of specified breaches. 

  • Restoring environmental damage: putting a price on ecosystem services

    On 7 August 2009 a 40-inch pipeline ruptured, spilling 5,400 cubic metres of crude oil into the soil and groundwater of La Crau nature reserve in southern France, a habitat protected under French and European law. The operator had to excavate and replace 60,000 tons of soil, install 70 wells to pump and treat groundwater and 25 pumps to skim oil from surface water, at a cost in the region of €50m. However, this was just the primary remediation (that is, restoring the site to the state it would have been if the damage had not occurred). The operator was also required to compensate for the damage to the habitats and the loss of the ecosystem services that would otherwise have been provided by La Crau nature reserve. Measures included purchasing land outside of the nature reserve and contributing to its management for a period of 30 years (over €1m), monitoring the water table for 20 years (over €500,000), monitoring fauna over three years (€150,000) and rehabilitation in accordance with best available ecological techniques (nearly €2m). Overall, the compensatory restoration (to compensate for the amount of time that the ecosystem was impacted) and complimentary restoration (to compensate for elements of the ecosystem that had been permanently lost) came to more than €6.5m. 

  • The role of arbitrators in EU antitrust law

    In May 2014, it will be ten years since Regulation No 1/2003 entered into force. When the legislator of the European Union adopted this Regulation on 16 December 2002, its main objective was to decentralise the enforcement of the two main provisions of EU antitrust law, Articles 81 and 82 of the Treaty establishing the European Community (now Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFEU)). Where do the arbitrators fit in this picture?

  • New Immigration Bill, October 2013: cause for concern or appeasing public sentiment?

    The year 2013 has seen a string of reforms to the immigration system by the current coalition government. On 10 October, the government published a Bill aimed at continuing its drive to reduce net migration figures. 

  • New Schengen EU Regulations: impact on short-stay visa visitors

    The publication on 26 June 2013 of the European Union Regulation EU 610/2013 modified the incumbent Regulation EU 562/2006 in relation to third country nationals (ie non-EU citizens) and those travelling on a short-stay visitor visa, as well as those who do not require a visa to enter the Schengen area, Romania, Croatia and Bulgaria. Exceptions include EU and EEA nationals travelling to other EU/EEA states within the Schengen area together with foreign nationals holding either long-stay or residence permits for their destination Schengen countries.

  • New revised guidelines for administrators in pre-pack sales

    Pre-pack sales by administrators are now used frequently enough for most people in business to be aware of them and many have come across them in their business lives. A small amount of controversy still attaches to pre-packs, but it is probably right to say that they are now an accepted part of the UK business scene as a useful means of rescuing a business in difficulty and preserving some or all of the jobs connected with the business.
    - Druces