The Legal 500

Clifford Chance LLP

10 UPPER BANK STREET, LONDON, E14 5JJ, ENGLAND
Tel:
Work 020 7006 1000
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 6

Clifford Chance

The ‘absolutely outstandingClifford Chance advises on big-ticket outsourcing and multi-jurisdictional commercial agreements. ‘The team’s commercial contracts reflect excellent quality drafting, and it knows when to carve out complex contractual clauses, yet keeps matters simple when needed’. André Duminy heads the UK commercial and technology group, and ‘manages deals with razor-sharp intelligence’.

[back to top]

Corporate tax
Corporate tax - ranked: tier 2

Clifford Chance

Clifford Chancestands out for its very strong depth of practice’, which includes Dan Neidle, an expert on supranational taxes and regimes; Anthony Stewart, a key adviser to Investec; David Harkness, who acted for The Co-operative Bank on its recapitalisation plan; and real estate specialist David Saleh. Chris Davies heads the ‘responsive and practical’ team.

Leading individuals

Chris Davies - Clifford Chance

David Harkness - Clifford Chance

Jonathan Elman - Clifford Chance

[back to top]

EU and competition
EU and competition - ranked: tier 1

Clifford Chance

Praised for its ‘availability, delivery and clarity of advice’, Clifford Chance’s team is led by Alex Nourry, and includes the ‘commercially minded’ Greg Olsen, who advised Barclays on the CMA review of personal current accounts and the provision of banking services to small and medium enterprises. Other key members of the team include healthcare specialist Alastair Mordaunt, who assisted two hospital groups in notifying their proposed merger to the CMA; and Jenine Hulsmann, who advised EDF Group on state aid clearance for the Hinkley Point C nuclear power plant.

Leading individuals

Alex Nourry - Clifford Chance

Greg Olsen - Clifford Chance

Jenine Hulsmann - Clifford Chance

[back to top]

Equity capital markets
Equity capital markets - ranked: tier 1

Clifford Chance

Clifford Chance’s ‘high-calibre and well-resourced team’ includes Iain Hunter, who advised The AA on its £1.4bn accelerated IPO; Simon Thomas, who acted for B&M European Value Retail on its £2.7bn Main Market float; and US-qualified trio John Connolly, Christopher Walton and Robert Trefny. On the underwriter side, global practice head Adrian Cartwright represented Bank of America Merrill Lynch, Goldman Sachs International and KKR Capital Markets on the £1.225bn Pets at Home Group IPO.

Leading individuals

Adrian Cartwright - Clifford Chance

John Connolly - Clifford Chance

[back to top]

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

Clifford Chance

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

Clifford Chance

Led by the ‘amazing’ Christopher Bates, Clifford Chance has a ‘pre-eminent reputation’, and is frequently instructed by banking clients and trade bodies on their most pressing areas of regulatory concern; Bates represented ISDA and a group of 13 dealer banks on EMIR issues. The ‘practical’ Monica Sah was involved in that matter, and also provided the regulatory input on Deutsche Bank’s disposal of the UK arm of its asset and wealth management business to Permira. Roger Best and Carlos Conceicao co-head the firm’s contentious/enforcement offering, which excels in multi-jurisdictional matters, a product of the firm’s huge international network. The ‘urbane’ Kelwin Nicholls has a ‘good feel for the global picture’ and, as well as representing a major bank in a multi-jurisdictional investigation into LIBOR, worked alongside Conceicao in the high-profile investigation into RBS’ lending to SMEs. ‘Cool and calm in a crisis’, Judith Seddon is ‘rapidly becoming the go-to woman for all financial services investigations with a criminal dimension’. Dorian Drew, Simon Davis, Simon Gleeson, Simon Crown and Helen Carty are all also recommended.

Leading individuals

Carlos Conceicao - Clifford Chance

Christopher Bates - Clifford Chance

Roger Best - Clifford Chance

Simon Gleeson - Clifford Chance

[back to top]

Investment funds
Private funds - ranked: tier 2

Clifford Chance

Clifford Chance combines ‘strong insight into current investor demands’ with a ‘tailored’ and ‘personable’ service, to ‘put the fund raiser in a great position to raise equity’. Nigel Hatfield and Gerard Saviola are the key contacts in the ‘very knowledgeable’ team. Hatfield advised Infracapital Partners on establishing its second £1bn infrastructure-focused fund, and Saviola assisted Permira in the formation of a €800m pan-European debt-focused private fund.

Leading individuals

Nigel Hatfield - Clifford Chance

[back to top]

M&A: mid-market, £50m-£250m
Leading individuals: M&A (general)

David Pearson - Clifford Chance

Guy Norman - Clifford Chance

Spencer Baylin - Clifford Chance

Tim Lewis - Clifford Chance

[back to top]

M&A: smaller deals, up to £50m
Leading individuals: M&A (general)

David Pearson - Clifford Chance

Guy Norman - Clifford Chance

Spencer Baylin - Clifford Chance

Tim Lewis - Clifford Chance

[back to top]

M&A: upper mid-market and premium deals, £250m+
M&A: upper mid-market and premium deals, £250m+ - ranked: tier 2

Clifford Chance

Clifford Chance’s strength in the private equity sector, through practitioners such as David Pearson and Simon Tinkler, is matched by similar expertise in financial institutional work. Patrick Sarch advised The Co-operative Bank on its separation from The Co-operative Group. The team was also active in sectors such as TMT and energy, with Tim Lewis and Spencer Baylin advising Deutsche Telecom on BT’s acquisition of EE. Mark Poulton heads a department that includes highly rated global practice head Guy Norman.

Leading individuals: M&A (general)

David Pearson - Clifford Chance

Guy Norman - Clifford Chance

Spencer Baylin - Clifford Chance

Tim Lewis - Clifford Chance

[back to top]

Private equity: transactions
Private equity: transactions: Large-cap deal capability - ranked: tier 1

Clifford Chance

Clifford Chance has ‘a very strong offering’, which draws on the firm’s expertise across a range of disciplines, including financing and capital markets. Highlights include advising Actis Capital on its acquisition of Upstream, a company specialising in emerging markets mobile monetisation. Other key clients include Cinven, KKR and CVC Capital Partners. Jonny Myers and senior associate Chris Sullivan are recommended. Nigel Wellings relocated to London in 2014, having spent four years at the firm’s Dubai office.

Leading individuals

David Pearson - Clifford Chance

Matthew Layton - Clifford Chance

[back to top]

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

Clifford Chance

Clifford Chance handled a series of complex real estate transactions in 2014, with David Saleh, an ‘innovative and solutions-driven lawyer’, acting as the key adviser on the VAT implications of these big-ticket deals.

Leading individuals

David Saleh - Clifford Chance

[back to top]

London: Crime, fraud and licensing

Corporate crime (including fraud, bribery and corruption)
Corporate crime (including fraud, bribery and corruption) - ranked: tier 1

Clifford Chance

Well established’ and ‘substantial’, Clifford Chance advises clients such as RBS and Barclays. Luke Tolaini, a ‘first-class tactician’, continued to assist Serco with ongoing SFO investigations. Judith Seddon is recommended for her ‘deep experience as a criminal practitioner’. Roger Best was instructed on a number of sanction issues.

Leading individuals

Judith Seddon - Clifford Chance

Roger Best - Clifford Chance

[back to top]

Fraud: civil
Fraud: civil - ranked: tier 1

Clifford Chance

Roger Best heads the ‘standout’ department at Clifford Chance, which is ‘expensive but still represents value for money’. It primarily advises corporates, and acted for Citi in relation to allegations of misrepresentation valued at over £2bn.

Leading individuals

Roger Best - Clifford Chance

[back to top]

London: Dispute resolution

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

Clifford Chance

Clifford Chanceensures that clients put their best foot forward’. The team advised Citi in proceedings, commenced by Terra Firma, alleging that Citi fraudulently induced Terra Firma to purchase the London-based music group EMI at an inflated price. Ian Moulding, Kelwin Nicholls and Helen Carty are department heads, and Matthew Scully is ‘a safe pair of hands’. Simon Davis, Roger Best, Jeremy Kosky, Jeremy Sandelson, Julian Acratopulo and Roger Leese are all highly rated.

Leading individuals

Ian Moulding - Clifford Chance

Roger Best - Clifford Chance

[back to top]

Commercial litigation
Commercial litigation - ranked: tier 1

Clifford Chance

Clifford Chance’s ‘top-level practice’ advised Citi in £2bn-plus damages proceedings. Jeremy Sandelson, Julian Acratopulo and Jeremy Kosky are ‘tactically astute’; Philip Hill ‘offers practical legal expertise’; and Roger Best ‘gives clear advice’. Other recommended advisers include Simon Davis, Roger Leese and Ian Moulding, as well as Iain Roxborough, Helen Carty and Matthew Scully.

Leading individuals

Iain Roxborough - Clifford Chance

Jeremy Sandelson - Clifford Chance

Simon Davis - Clifford Chance

[back to top]

Competition litigation
Competition litigation - ranked: tier 1

Clifford Chance

Top-rank firmClifford Chance assisted clients with several high-profile matters, including representing Barclays in LIBOR investigations, Siemens in the gas insulated switchgear cartel proceedings, and Morgan Advanced Materials in the carbon and graphite cartel proceedings. ‘Talented strategist’ Elizabeth Morony leads the team, which ‘never loses sight of the details’, and includes Luke Tolaini.

Leading individuals

Elizabeth Morony - Clifford Chance

[back to top]

International arbitration
International arbitration - ranked: tier 2

Clifford Chance

Clifford Chance’s ‘leading group’ acted for a Kuwaiti investor in an International Centre for Settlement of Investment Disputes (ICSID) claim. Rob Lambert is ‘an excellent advocate’; Alex Panayides ‘has strong knowledge’; and Audley Sheppard QC and Marie Berard are highly rated.

Leading individuals

Audley Sheppard - Clifford Chance

Rob Lambert - Clifford Chance

[back to top]

Mediators

Tony Willis at Brick Court Chambers draws on his experience as a former litigator and partner at Clifford Chance to advise on big-ticket commercial mediations. Willis has particular expertise in mediations involving cross-border issues.

[back to top]

Public international law
Public international law - ranked: tier 1

Clifford Chance

Clifford Chance provides ‘solid strategic advice’, and the practice is expert in investment treaty disputes, international sanctions and sovereign debt work. It also fields experience in business and human rights matters, and immunity issues. Rae Lindsay and Audley Sheppard QC are ‘excellent professionals’.

Leading individuals

Rae Lindsay - Clifford Chance

[back to top]

Tax litigation and investigations
Tax litigation and investigations - ranked: tier 1

Clifford Chance

Clifford Chance, led by Liesl Fichardt, is a ‘leading firm for complex tax disputes, particularly those with an international element’. Fichardt, who is ‘a great tactitian’ and ‘knows HMRC well’, represented Fidex Limited in a procedural and technical dispute over HMRC’s closure notice requirements. Clients also include ITV, BNP Paribas and Sony.

Leading individuals

Liesl Fichardt - Clifford Chance

[back to top]

London: Finance

Acquisition finance
Acquisition finance - ranked: tier 1

Clifford Chance

As well as handling high-value work for many of the world’s major banks, Clifford Chance has diversified its client base to include a number of credit funds, such as Bluebay, advising it on deals sitting more comfortably in the mid-market. Michael Bates represented lenders on an innovative financing for the acquisition of E.ON’s Spanish electricity business, combining Term Loan B leveraged financing with infrastructure financing in a first deal of its kind. The loss of a number of corporate partners led to a period of consolidation in financing deals for sponsor clients. James Johnson, Mark Campbell, Charles Cochrane, Emma Folds and Taner Hassan are recommended.

Leading individuals

Charles Cochrane - Clifford Chance

James Johnson - Clifford Chance

[back to top]

Asset finance and leasing
Asset finance and leasing - ranked: tier 1

Clifford Chance

Headed by the ‘excellent’ William Glaister, Clifford Chance’s four-partner team is particularly strong in the aviation sector, where it is regularly instructed by some of the industry’s major leasing companies and lenders, including Investec, BNP Paribas and GE Capital Aviation Services. Glaister advised the banking syndicates in connection with two $500m loan financings to facilitate Avalon’s purchase of two aircraft portfolios. Gavin Teague spearheads the team’s work on the rail front, and acted for European Investment Bank on the £2.4bn senior debt financing for the procurement of the new Hitachi rolling stock for the second phase of the Intercity Express Programme. Most of the firm’s shipping work is handled from its Hong Kong office, but the London office does lead on the more complex structured work; one example was Oliver Hipperson’s advice to BNP Paribas on the restructuring of the VEGA ship securitisation.

Leading individuals

William Glaister - Clifford Chance

[back to top]

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

Clifford Chance

One of the best in the market’, Clifford Chancehas a particularly strong bench’. Michael Bates’ highlights include advising Barclays Bank and others on a multibillion-dollar financing for E.ON. Jim MacHale represented lead arranger BNP Paribas on a $7bn term facility. Robert Lee acted for BskyB on debt facilities of £6bn. Taner Hassan advised sponsor EQT and borrower SSP Financing on a £500m deal. Charles Cochrane’s clients include Deutsche Bank and JPMorgan. The ‘very effective’ Nicola Wherity represented the Loan Market Association. Also recommended are the ‘diligent, responsive and committed’ Emma Folds, and the ‘responsive and commercially-minded’ Faizal Khan.

Leading individuals

Jim MacHale - Clifford Chance

Michael Bates - Clifford Chance

Nicola Wherity - Clifford Chance

[back to top]

Commodities: derivatives
Commodities: derivatives - ranked: tier 3

Clifford Chance

Leonard Cleland leads a team at Clifford Chance that is strong in the metals space. Matthew Grigg advised VTB Capital on documentation for its precious metals trading platform. Habib Motani advised Morgan Stanley on an exchange-traded precious metals programme. Glencore and HSBC are clients.

Leading individuals: commodities (general)

Claude Brown - Reed Smith LLP

[back to top]

Commodities: physicals
Leading individuals: commodities (general)

Claude Brown - Reed Smith LLP

[back to top]

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

Clifford Chance

Clifford Chance’s ‘very commercial’ London offering is an integral part of a ‘strong multi-jurisdictional team’ that excels in complex cross-border instructions for banks, corporates, funds and IPs. Led out of London and involving significant input from the firm’s European offices, the firm represented the coordinating committee of senior lenders on the €900m restructuring of Autobar. The ‘commercial and personable’ John MacLennan was involved in that matter, and also had a pivotal role for RBS, as the largest creditor, on Punch Taverns Group’s £2.7bn restructuring. The ‘excellent’ Iain White is increasingly active in debtor work; he advised Codere and Cory Environmental and the directors of New World Resources in connection with their respective restructurings. Other recommended partners include the ‘highly technical’ Adrian Cohen; ‘very commercial’ David Steinberg; and ‘strategic’ Philip Hertz.

Leading individuals

Philip Hertz - Clifford Chance

[back to top]

Debt capital markets
Debt capital markets - ranked: tier 1

Clifford Chance

The ‘faultlessClifford Chance provides ‘excellent service and commercial advice on complex issues’. Head of capital markets Simon Sinclair is ‘a trusted adviser and very commercial’. Sinclair and US-qualified John Connolly represented Sky on an $8bn offering. David Dunnigan, who stands out for sovereign issuance, represented Her Majesty’s Treasury on its first renminbi-denominated bond in the form of RMB3bn in fixed rate notes. Stewart Dunlop’s highlights include a €750m bond for Telefónica, and advising banks on switch offers for €3.6bn in Spanish government bonds. ‘Fantastic lawyer’ David Bickerton acted for Lloyds Bank on a ¥48 billion samurai bond. Also recommended are Robert Trefny and Christopher Walton for Reg S/144A deals. Senior associates Paul Deakins and Eric Green are rising stars.

Leading individuals

David Bickerton - Clifford Chance

David Dunnigan - Clifford Chance

John Connolly - Clifford Chance

[back to top]

Derivatives and structured products
Derivatives and structured products - ranked: tier 1

Clifford Chance

Clifford Chance’s team is ‘commercial, experienced and has good global coverage’, and is widely praised for ‘thought leadership on derivatives clearing’. The ‘very impressive’ Habib Motani, who has ‘peerless experience and market knowledge, and is a pleasure to deal with’, advised a leading investment bank on high-value options trades. The ‘really innovative’ Matthew Grigg established a rated derivative product company for Royal Bank of Scotland. Jessica Littlewood (‘very sensible and really delivers’) and senior associate Timothy Cleary advised IFC as a seller of credit protection for an emerging markets loan portfolio. Christopher Bates assisted 13 dealer banks with the implementation of EMIR, and he is a regular adviser to ISDA on regulation. Also recommended are Andrew Coats, Anne Drakeford and Asia-Pacific expert Paget Dare Bryan; the latter relocated to London.

Leading individuals

Andrew Coats - Clifford Chance

Habib Motani - Clifford Chance

Jessica Littlewood - Clifford Chance

[back to top]

Emerging markets
Emerging markets - ranked: tier 1

Clifford Chance

Clifford Chance is ‘very strong in emerging markets debt, particularly sovereign issuance’, for which David Dunnigan stands out. The firm’s ‘strong, knowledgeable, responsive and helpful lawyers’ include Leonard Cleland, who advised Credit Suisse on Ethiopian Railways’ $865m financing; Ashvin Seetulsingh, who acted for Poland’s DCT Gdansk on the development of a new container port; Jeremy Connick, who advised lenders and sponsors on African power projects; John Connolly, whose highlights include African sovereign sukuks; John Dawson, for deals involving China; and US-qualified Robert Trefny, who is part of the Ukraine group. Rising-star senior associate Eric Green is strongly recommended.

Leading individuals

Leonard Cleland - Clifford Chance

[back to top]

High yield
High yield - ranked: tier 3

Clifford Chance

Clifford Chance, known for representing issuers and sponsors, now has a growing underwriter practice. Fabio Diminich, who has also built a strong CEE practice, advised HSBC and others on €350m in senior notes issued by Motor Oil. Michael Dakin acted for Dometic on amending PIK and high yield notes in a €314m financing, and advised banks including Citigroup on Synthos’ €350m issuance.

Leading individuals

Fabio Diminich - Clifford Chance

[back to top]

Islamic finance
Islamic finance - ranked: tier 1

Clifford Chance

Clifford Chance’s London team forms part of a standout global practice, with coverage across all key Islamic finance centres. In 2014, Qudeer Latif’s team handled an impressive amount of sukuk issues, including the £200m inaugural issuance by the UK government (advising the underwriters). Habib Motani is a key contact in London.

Leading individuals

Habib Motani - Clifford Chance

Qudeer Latif - Clifford Chance

[back to top]

Overview

Benefiting from longstanding and deeply entrenched relationships with the largest global banks, as well as strong ties with private equity sponsors, the Magic Circle triumvirate of Allen & Overy LLP, Clifford Chance and Linklaters LLP have the most well-rounded finance offerings, and feature in the upper echelons of the majority of the sub-practice areas. US-headquartered firm Latham & Watkins continues to flourish in the UK and European market, and its continued appearance in the top tier of the acquisition finance practice area is a well-earned acknowledgement of its ability to provide a flexible approach to clients on both New York and English law financing products.

[back to top]

Securitisation
Securitisation - ranked: tier 1

Clifford Chance

Clifford Chanceis naturally in a position to offer sound advice on market norms and how best to deal with complex issues, as it has great experience from its wide client base’. It has a ‘professional and highly skilled team, and arguably the deepest pool of securitisation expertise of any firm’. The ‘highly rated’ Kevin Ingram, working with head of the China desk Maggie Zhao, advised co-arrangers and lenders including Santander on a £700m credit card deal. Christopher Walsh and the ‘client-focused and execution-oriented’ Andrew Forryan are highly rated. Stephen Curtis advised Gatwick Airport on issuance of £650m under its whole-business securitisation. The ‘excellent and proactive’ Simeon Radcliff ‘meets tight schedules to resolve complex issues’.

Leading individuals

Kevin Ingram - Clifford Chance

Stephen Curtis - Clifford Chance

[back to top]

Trade finance
Trade finance - ranked: tier 2

Clifford Chance

Clifford Chance’s Leonard Cleland advised lender Credit Suisse on an $865m financing for Ethiopian Railways, which included a commercial loan and ECA-backed facilities. Russell Wells represented lenders on the restructuring of borrowing base facilities exceeding $1bn in value. Clients include Glencore, VTB and Deutsche Bank.

Leading individuals

Leonard Cleland - Clifford Chance

[back to top]

London: Human resources

Employee share schemes
Employee share schemes - ranked: tier 1

Clifford Chance

Clifford Chance excels in cutting-edge arrangements for leading companies, particularly from the financial sector, where longstanding clients include Barclays, RBS and global investment banks. Other clients include Babcock International, Diageo and Booker Group. Practice head Sonia Gilbert is ‘fantastic at cutting through the detail and delivering high-quality and commercial advice on a consistent basis’. Senior associate Liz Pierson has a ‘real understanding of issues faced, and finds practical solutions in a calm and considered manner’.

Leading individuals

Sonia Gilbert - Clifford Chance

[back to top]

Employment: employers and senior executives
Employment: employers - ranked: tier 2

Clifford Chance

Practice head Chris Goodwill at Clifford Chance was part of a cross-departmental team handling a non-transactional multi-jurisdictional project for the Depository Trust & Clearing Corporation; the firm advised on a business integration for the client across 13 countries. Mike Crossan assisted Permira Advisors with the simultaneous acquisitions of MESA Group Holdings and Asteral. The practice works with the banking regulatory team to advise on remuneration reforms, where Alistair Woodland has notable expertise on clawback provisions, and provided assistance to clients ahead of the proposed introduction of the Senior Managers and Certified Persons Regime.

[back to top]

Pensions
Pensions: non-contentious - ranked: tier 3

Clifford Chance

Clifford Chance’s strong banking and finance pedigree make it well-placed to advise in the new era of complex pension investments and funding, and pure pensions advice is ‘always commercially aware and founded on deep professional expertise’. The team is user friendly, customer focused and ‘strong at each level’. ‘Excellent negotiator’ Clare Hoxey led advice to Legal & General on both the £3bn buy-in with ICI Pension Fund, and a £2.5bn buyout with the TRW Pension Scheme. Practice head Hywel Robinson and Imogen Clark make up the partner team that ‘can always be relied on’.

[back to top]

London: Insurance

Insurance and reinsurance litigation
Leading individuals

Stephen Surgeoner - Clifford Chance

[back to top]

Insurance litigation: for policyholders
Insurance litigation: for policyholders - ranked: tier 1

Clifford Chance

Clifford Chance provides ‘the best in-depth analysis and regulatory understanding of all principal firms in this sector’. Key figures include the ‘intellectually stellar’ Philip Hill, who ‘is very good at seeing the wider context of the dispute’, and ‘superb strategist’ Stephen Surgeoner, who ‘has an unwavering commitment to the cause and is a fiercely effective negotiator’. The group has acted on numerous high-value political risk matters, and credit insurance, D&O and warranty-related claims.

[back to top]

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

Clifford Chance

Clifford Chance’s ‘exceptional’ team covers all areas of non-contentious insurance work, from high-value M&A transactions to complex group restructurings. The highly-regarded Katherine Coates heads the global insurance group, and Clare Swirski, Hilary Evenett and Ashley Prebble are also key figures. Prebble advised AXA on a €136m partnership with mBank, and handled Admiral Group’s £200m notes issuance as part of its preparation for Solvency II implementation. The group also acted for Legal & General in a £3bn buy-in arrangement with ICI Pension Fund, and advised its retirement business on a £2.5bn partial buyout with TRW Pension Scheme. Other key clients include Aspen Re, MetLife and Zurich.

Leading individuals

Katherine Coates - Clifford Chance

[back to top]

Insurance: insolvency and restructuring
Insurance: insolvency and restructuring - ranked: tier 1

Clifford Chance

Philip Hertz and David Steinberg are the key figures at Clifford Chance, handling the full range of insolvency and restructuring matters both domestically and on an international level. Steinberg advises creditors, debtors and insolvency practitioners across multiple industry sectors, and Hertz has strong expertise in schemes of arrangement with regards to insolvency law. Notable clients include Highlands Insurance Company and English & American Insurance.

Leading individuals

David Steinberg - Clifford Chance

Philip Hertz - Clifford Chance

[back to top]

Professional negligence
Professional negligence - ranked: tier 6

Clifford Chance

The ‘highly acclaimed’ practice at Clifford Chance advises on high-value, complex and cross-jurisdictional work, particularly disputes involving lawyers, accountants, auditors and brokers. Philip Hill (‘intellectually stellar, has a terrific grasp of both the detail and the big picture, and is tactically astute’) and Stephen Surgeoner (‘deep level of knowledge’) co-head the department. Roger Leese and Jeremy Kosky are also recommended.

[back to top]

London: Private client

Contentious trusts and probate
Contentious trusts and probate - ranked: tier 2

Clifford Chance

Go-to lawyer and brilliant tactician’ Jeremy Kosky heads a ‘superlative’ wealth and asset-management disputes practice at Clifford Chance, which regularly handles complex, multi-jurisdiction disputes with an offshore element. Clients include Rothschild Trust Guernsey, Coutts and Barclays Wealth. Maxine Mossman is ‘simply superb’. The team also benefits from an internal forensic accounting group.

Leading individuals

Jeremy Kosky - Clifford Chance

Maxine Mossman - Clifford Chance

[back to top]

London: Projects, energy and natural resources

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

Clifford Chance

Clifford Chance has ‘the bench strength across core disciplines required to service infrastructure transactions’. Michael Bates advised Copenhagen Airports Denmark ApS as sponsors on the $865m refinancing of Copenhagen Airport, and a team including Gavin Teague and Amy Mahon acted for CDPQ and Hermes on their £585m acquisition of a 40% stake in Eurostar International from the UK Government. Mahon is praised for her ‘personal involvement and commercial acumen’, with other key individuals including James Boswell and Brendan Moylan, who specialise in financing and M&A respectively.

Leading individuals

Gavin Teague - Clifford Chance

[back to top]

Mining and minerals
Mining and minerals - ranked: tier 2

Clifford Chance

Clifford Chance advised the syndicate of lenders, the administrator and the receiver of London Mining on its receivership and subsequent sale of main asset the Marampa iron ore mine in Sierra Leone. Other highlights included advising the lending consortium to one of the largest loan transactions of 2014: the $15bn refinancing of Glencore’s existing revolving credit facilities. James Pay and David Lewis jointly lead the group, and both have longstanding experience on deals for clients such as Vale, Chinalco and VTB.

[back to top]

Oil and gas
Oil and gas - ranked: tier 1

Clifford Chance

Strongest on big-ticket corporate transactions’, Clifford Chance’s ‘business acumen and industry knowledge come into their own in the very thick of a deal’. The firm amply demonstrated these qualities by advising Shell on the sale of its Italian retail and logistics businesses to Kuwait Petroleum International (and the same client on its $2.6bn sale to Vitol of a significant portion of its downstream operations in Australia); acting for Statoil on the $3.6bn disposal of its interest in the Shah Deniz field to BP, Socar and Petronas; and assisting a number of reserve-based lenders on a series of transactions, including a $250m facility to Petro SA regarding the Jubilee field in Ghana. John Wilkins, Steven Fox, and Russell Wells are all key figures on the corporate side. The energy disputes team includes Alex Panayides, who represented one of the world’s largest NOCs in an ongoing, very high-value arbitration.

[back to top]

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

Clifford Chance

Prolific in African lender-side mandates, Clifford Chance advised Standard Chartered Bank and the IFC on financing for the 450MW gas-fired Azura-Edo plant (the first greenfield IPP supported by the Nigeria Bulk Electricity Trader), among a number of other turnkey power projects on the continent. Domestically, John Wilkins and David Metzger were part of a team advising on Hinkley Point C. Other key individuals include Jeremy Connick, Russell Wells (who led on the Azura-Edo transaction), and Paris-based partner Richard Tomlinson, ‘who is a first choice for European IPPs’.

Leading individuals

Jeremy Connick - Clifford Chance

[back to top]

London: Public sector

Administrative and public law
Administrative and public law - ranked: tier 3

Clifford Chance

Clifford Chance is ‘able to handle major cases for blue-chip clients with efficiency’. Practice head Elizabeth Morony is ‘an excellent strategist and very commercially minded’. Luke Tolaini ‘will battle all the way on his client’s behalf’.

[back to top]

Public affairs
Public affairs - ranked: tier 1

Clifford Chance

Clifford Chance advises financial services and technology clients, including Barclays and FairSearch Europe, on UK and European policy. Simon Gleeson co-chairs the public policy practice with Brussels-based Thomas Vinje. Oliver Bretz now runs his own practice.

[back to top]

London: Real estate

Commercial property
Commercial property: development - ranked: tier 1

Clifford Chance

Commercial property: general - ranked: tier 1

Clifford Chance

Commercial property: hotels and leisure - ranked: tier 2

Clifford Chance

Commercial property: investment - ranked: tier 1

Clifford Chance

Clifford Chance has an impressively broad domestic and international real estate practice, and can handle complex deals at a very high level. Now on Generali’s panel, and with AIG Europe and Crosstree Capital among its new clients, the ‘powerhouse’ firm is still a market leader. Practice head Jonathan Solomon is commended for his leadership skills, his personal approach, and his ‘ability to marshal a very complicated transaction’; Jane Cheong Tung Sing is ‘smart, reliable, very detailed, and extremely careful’, and newly made-up partner Angela Kearns is ‘very thorough’, with ‘excellent client-handling skills’. Adrian Levy is also recommended.

Leading individuals

Adrian Levy - Clifford Chance

Jonathan Solomon - Clifford Chance

Mark Payne - Clifford Chance

[back to top]

Construction
Construction - ranked: tier 3

Clifford Chance

Singled out as being ‘first preference for complex construction contractsClifford Chance’s non-contentious practice is co-led by Tim Steadman and the ‘practical and sharp-minded’ David Metzger. The team continued to advise Battersea Project Land Company on all construction aspects of the Battersea Power Station site and also assisted Astaldi Terkerler with the construction and maintenance contracts for the Ankara Etlik hospital campus. Alex Panayides leads on disputes for the oil and gas sector and is the main contentious contact.

Leading individuals

Tim Steadman - Clifford Chance

[back to top]

Environment
Environment - ranked: tier 2

Clifford Chance

Despite having taken on an increasing amount of energy-related work, Clifford Chance has still been active in more conventional areas such as development: practice head Nigel Howorth and senior associate Elizabeth Hardacre advised Canary Wharf Group on several large development schemes in the Canary Wharf area.

Leading individuals

Nigel Howorth - Clifford Chance

[back to top]

Overview

Although Berwin Leighton Paisner LLP, Clifford Chance, Herbert Smith Freehills LLP and Nabarro LLP still offer the strongest all-round service for commercial property, there are numerous other firms whose bench strength, cross-jurisdictional capabilities and calibre make them excellent choices to handle complex deals. The increasingly busy commercial property market produced a high volume of premium deals, so more firms were given the opportunity to excel.

[back to top]

Planning
Planning - ranked: tier 4

Clifford Chance

Clifford Chance’s ‘impressive practice’ continued to advise Helical Bar on the development of Barts Square, a new mixed-use quarter in the City of London. Nigel Howorth is ‘particularly good for clear, incisive advice and is an excellent team player’. Elizabeth Hardacre is a key senior associate.

[back to top]

Property finance
Property finance - ranked: tier 1

Clifford Chance

Clifford Chance is viewed as a ‘powerhouse’ firm, with Jane Cheong Tung Sing singled out as ‘smart, reliable and extremely careful’. It advised Goldman Sachs on financing Blackstone’s acquisition of several large shopping centres in Italy, including the Valdichiana Outlet Village. Andrew Carnegie heads the team; Barry O’Shea and Damian Perry led on some very impressive deals.

Leading individuals

Andew Carnegie - Clifford Chance

Barry O’Shea - Clifford Chance

Damian Perry - Clifford Chance

Jane Cheong Tung Sing - Clifford Chance

[back to top]

Property litigation
Property litigation - ranked: tier 4

Clifford Chance

Clifford Chance regularly advises on complex cross-border matters. Ben Hatton and Jane O’Leary are recommended.

[back to top]

Social housing: finance
Social housing: finance - ranked: tier 2

Clifford Chance

Clifford Chance advised JP Morgan, Lloyds Bank and RBC Capital Markets on Keepmoat Group’s £400m private placement. The firm also assisted the joint bookrunners (Lloyds and Santander) and bond and security trustee (Prudential) on Walsall Housing’s £250m bond issue. Practice head Despina Pantelia and senior associate Ruby Giblin are ‘approachable, responsive and knowledgeable’, while Angela Shepherd is also recommended.

Leading individuals

Angela Shepherd - Clifford Chance

Despina Pantelia - Clifford Chance

[back to top]

London: TMT (technology, media and telecoms)

IT and telecoms
IT and telecoms - ranked: tier 4

Clifford Chance

Clifford Chance is known for its expertise in cross-border transactions and regulatory issues and offers ‘broad knowledge and insight into sector drivers’. Joachim Fleury, the firm’s ‘excellent’ head of TMT, has acted for Deutsche Telekom together with competition and regulatory specialist Jenine Hulsmann, who has also acted for EE and NBC Universal. The ‘very impressive’ André Duminy ‘has a wealth of experience’.

[back to top]

London: Transport

Rail
Rail - ranked: tier 1

Clifford Chance

Clifford Chance’s ‘experienced’ rail team advised a consortium comprising CDPQ and Hermes on its £585.1m acquisition of a 40% equity stake in Eurostar International from the UK Government; and acted for EIB on the £2.4bn senior debt financing for the procurement of new Hitachi rolling stock for the second phase of the Intercity Express Programme. Global practice head Gavin Teague is ‘very able’, and Ranbir Hunjan is also recommended. Paul Carrington was promoted to partner in 2015.

Leading individuals

Gavin Teague - Clifford Chance

[back to top]


Further information on Clifford Chance LLP

Please choose from this list to view details of what we say about Clifford Chance LLP 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 Dusseldorf, Frankfurt, and Munich

Algeria

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Ghana

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

Asia Pacific: Regional international arbitration

Romania

Offices in Bucharest

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Offices in Seoul

Thailand

Offices in Bangkok

Tunisia

Turkey

Offices in Istanbul

United States

Offices in Washington DC, New York, and Menlo Park

Legal Developments by:
Clifford Chance LLP

Legal Developments in the UK

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