The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Dechert LLP


France

EU, competition and distribution
EU, competition and distribution - ranked: tier 3

Dechert LLP

Dechert LLP’s antitrust and EU competition practice consists of Mélanie Thill-Tayara, whom one client describes as ‘the point of reference for French and EU competition matters, especially in the pharmaceutical sector’, and senior associates Romain Maulin and Marion Provost. The group’s recent caseload includes advising WhiteWave Foods on global competition issues arising from its merger with Danone, and representing Deutsche Bahn in two litigation cases arising from allegations of cartel behaviour. The group has a particular strength in the life sciences space, where household names such as Roche can rely on Thill-Tayara and her associates for day-to-day counsel and specific advice pertaining to anticompetitive behaviour claims and the competition issues arising from the ‘off label’ use of Roche’s drug Avastin.

[back to top]

Employment
Employment - ranked: tier 3

Dechert LLP

Dechert LLP ‘is capable of producing advice for an international group in a speedy and comprehensive way’. The eight-lawyer team advises many leading US and international corporations on strategic work including restructuring and post-merger projects, collective litigation, workforce transfers and also has particular harassment and discrimination expertise. Accenture, Kerry, Texas Instrument and Wright Medical are clients. The ‘very business driven’ Philippe Thomas heads the practice and ‘very thorough’ associate Sabrina Chekroun ‘crafts strategies adapted to clients' needs’ and is recommended for ‘her strategic vision and high creativity when dealing with complex matters’.

[back to top]

Mergers and acquisitions
Other recommended firms - ranked: tier 1

Dechert LLP

[back to top]

Tax
Tax - ranked: tier 4

Dechert LLP

Dechert LLP provides ‘first-class service’, ‘always respects deadlines and shows responsiveness and a high quality of professional advice’. The ’very professional, quick and efficient’ seven-lawyer team advises on corporate and private equity transactions as well on the structuring of the management’s tax packages including tax carried interest issues. The practice is ‘efficient on mid-market LBOs’, is particularly recognised for its private equity fund expertise and also deals with litigation and tax reassessment issues. It recently advised Lafayette and its shareholders during its acquisition by Rothschild & Cie, and assisted Partech with the structuring of Partech International Ventures VII. Five Arrows is another key client. Bruno Leroy is ‘very professional and meticulous’ and the ‘creative’ Sabina Comis stands out for ‘her high level expertise, comprehensive vision of tax issues and ability to provide tailor-made solutions and convince all the stakeholders’; she also has ‘real technical expertise advising on tax fund structuring’.

[back to top]

France: Capital markets

Equity
Other recommended firms - ranked: tier 1

Dechert LLP

[back to top]

France: Dispute resolution

Commercial litigation
Dispute resolution: Commercial litigation - ranked: tier 3

Dechert LLP

Dechert LLP ‘always provides customer friendly advice’ and the nine-lawyer team is ‘available, diligent and brings acute and convincing arguments’. The firm handles commercial, product liability and stock market litigation. It also has strong know how in the pharmaceutical sector and is also well versed in handling cross-border and exequatur cases. The team is defending Dow Chemical in litigation before the French courts initiated by an individual, which is brought against 26 producers of Agent Orange used by the US military during the Vietnam War, and is acting for Enedis in three significant commercial disputes in the energy sector including in a dispute with Engie. Jacques Sivignon is ‘very determined, smart and curious’. Laurent Martinet, who joined from STC Partners after having been at Jones Day, ‘is a smart and fair litigator with strong expertise, who gets straight to the point, remains calm in any circumstances and has the capacity to build subtle reasoning’.

[back to top]

International arbitration
Dispute resolution: International arbitration - ranked: tier 2

Dechert LLP

Dechert LLP’s ‘very highly qualified’ team is well known for its strong Latin America investment practice and is handling several multibillion-dollar cases in the mining, oil and gas, and telecoms sphere. The group is acting for the Republic of Colombia in several high-profile cases and recently obtained a reduction of damages from $1.35bn to $380m for the Republic of Ecuador in an ICSID arbitration. The firm is also developing its investment caseload acting alongside Eastern European countries such as the Czech Republic. The commercial arbitration practice is equally strong with key clients including leading French and international corporations as well as some state entities. Other areas of expertise include exequatur proceedings before French courts. Eutelsat and Total Outre-Mer are clients. The ‘great, professional and available’ Eduardo Silva Romero co-chairs the firm’s global practice. José-Manuel García Represa is also a key name alongside the ‘very smart’ Xavier Nyssen who ‘gives sharp advice’. Philip Dunham and Erica Stein are other names to note.

Leading individuals: international arbitration

Eduardo Silva Romero - Dechert LLP

[back to top]

France: Industry focus

Healthcare and life sciences
Industry focus: Healthcare and life sciences - ranked: tier 1

Dechert LLP

Dechert LLP’s healthcare and life sciences offering consists of a multidisciplinary team led by corporate specialist Alain Decombe. Sophie Pelé recently made partner in the regulatory practice and worked alongside competition expert Mélanie Thill-Tayara to advise Roche on the ‘off-label’ use of its drug Avastin. In other work, Decombe acted for Ipsen in its cross-border acquisition of Merrimack Pharmaceuticals’ global oncology assets, Anne-Charlotte Rivière assisted French health insurance plans start-up Alan with its seed fundraising and insurance license, and Jacques Sivignon, who heads the firm’s litigation department in France, handled a number of disputes for a major global pharmaceutical company. The impressive client roster also includes Allergan and Johnson & Johnson. Marianne Schaffner joined Dentons in 2018.

Leading individuals

Alain Decombe - Dechert LLP (corporate)

Mélanie Thill-Tayara - Dechert LLP (competition)

Next generation lawyers

Sophie Pelé - Dechert LLP

[back to top]

France: Intellectual property

Patents
Intellectual property: Patents - ranked: tier 2

Dechert LLP

Dechert LLP ‘is highly responsive and available for its clients’ and fields ‘an outstanding team with a dynamic and effective duo at its head’, namely Marie Fillon and Marianne Schaffner, who ‘are both extremely skilled and experienced enough to work fast under pressure’. In recent highlights, Tembec engaged the team to handle its opposition against a European patent owned by Norwegian pulp and paper company Borregaard, and Schaffner advised on a revocation action in the aerospace sector and a major dispute in the pharmaceutical space. The client roster also includes LG, Essilor and Pierre Fabre. Julie Sérusclat departed the firm for a deputy general counsel position at LVMH.

[back to top]

Trade marks, designs and copyright
Trade marks, designs and copyright - ranked: tier 2

Dechert LLP

According to one client, ‘very few firms offer the ability to address complex intellectual property in connection with high-stakes corporate deals’ like Dechert LLP. Marie Fillon represented a luxury fashion brand in trade mark infringement proceedings against a fashion company. Associate Clémence Boland is part of the team advising a household cosmetics name on IP aspects of its acquisition of a skincare and spa products producer, and a major technology client engaged the group to tackle the intellectual property obstacles hindering its expansion into Europe, including trade mark oppositions and revocation claims. In terms of counsel work, the team assisted the Technetics group with research and development agreements with EDF and Atomic Energy Commission and is also managing its intellectual property portfolio. Marianne Schaffner joined Dentons in 2018.

[back to top]

France: Private equity

Fund formation
Private equity: fund formation - ranked: tier 1

Dechert LLP

Dechert LLP provides ‘overall excellent service’, ‘knows the market practices and has a reliable global network’, allowing it to advise ‘on local practices as well as global market trends’. The ‘business-oriented and client-friendly’ team has ‘strength-in-depth’, with Antoine Sarailler, who ‘provides adequate and thorough advice’ and tax expert Sabina Comis the key practitioners. The group’s strengths include the formation of investment and private equity funds, primary investments and secondary transactions, as well as the development of new products and alternative investment funds and the corresponding regulatory advice. The department advises sponsors and principals of funds, many of them well-known market players. The group advised NewAlpha Asset Management on the formation of a private equity fund in the fintech investment space. Other matters include assisting with the formation of senior debt funds and French fonds professionnels de capital investissement. On the regulatory side, the department regularly collaborates with the French Private Equity Association and the French Asset Management Association. Partech Partners is another client. Olivier Dumas joined Joffe & Associés.

[back to top]

Venture and growth capital
Private equity: venture and growth capital - ranked: tier 1

Dechert LLP

Dechert LLP is particularly strong in the life sciences, pharmaceutical and technology sectors and guides clients through all the stages of investing, from investment to exit. The team advises investors and French and foreign investment funds, including seed funds, venture funds, growth funds and corporate funds. Anne-Charlotte Rivière and practice head François Hellot, who is active in venture and growth capital instructions, are the key names. Senior associate Xavier Leroux provides key support. The department acted for Ginko Ventures on the €100m Devialet fundraising round and an equity investment in LPWAN player Actility. It also advised Vitruvian partners on the fundraising for Vestiaire Collective and assisted CapDecisif with the sale of GreenPoint to Webhelp. Testament to its expertise in the life sciences sector was its assistance to Alan Healthcare on its seed fundraising and insurance license from the ACPR. Other clients include Accel Partners, Bpifrance Investissement and Eurazeo Croissance. Matthieu Grollemund joined Baker McKenzie.

Next generation lawyers

Xavier Leroux - Dechert LLP

[back to top]



Latin America: International firms

International arbitration
International arbitration - ranked: tier 2

Dechert LLP

Dechert LLP’s ‘impressive team combines experience and youth’, and is ‘practical yet creative and optimistic in its approach’. The practice is led from Paris by leading individual Eduardo Silva Romero, who is ‘professional, thorough and knowledgeable’. It added to its already impressive list of sovereign state clients by winning work from the governments of Colombia and Paraguay in 2016. It acts for these clients both in investment treaty arbitration, including acting for Colombia in its mining contract-related ICSID dispute with Glencore International, and in commercial disputes, recently acting for Petróleos Paraguayos in an ICC dispute with PDVSA over a cooperation agreement. Investor-side highlights included representing Desarrollo Ecoturístico Cañaveral in an ICSID case with Panama relating to the construction of an ecotourism resort. José Manuel García Represa is another name to note, acting in most of the group’s most significant matters.

Leading lawyers

Eduardo Silva Romero - Dechert LLP

Next generation lawyers

[back to top]


Further information on Dechert LLP

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

United Arab Emirates

Offices in Dubai

Belgium

Offices in Brussels

China

Offices in Beijing

Germany

Offices in Munich, Frankfurt, and Bonn

France

Offices in Paris

Georgia

Offices in Tbilisi

Hong Kong

Offices in Hong Kong

Latin America: International firms

Ireland

Offices in Dublin

Kazakhstan

Offices in Almaty

London

Offices in London

Luxembourg

Offices in Luxembourg

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

United States

Offices in Charlotte, Orange County, San Francisco, Washington DC, Princeton, New York, Hartford, Boston, Philadelphia, Silicon Valley, Austin, Chicago, and Los Angeles

Legal Developments in France

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • The new French regulation applying to national insurance contributions for managers and shareholders

    French insurance contributions on executive and shareholder remuneration (pay + dividends) have been substantially increased by the National Insurance Funding for 2013 Act, No. 2012-1404, of 17th December 2012. Until 31st December 2012, all dividends were subject to national insurance contributions on unearned income but henceforth, under Article L136-3 of the National Insurance Code, amended by Act No. 2012-1404, certain dividends   are considered as pay received by executives and shareholders and are therefore subject to the national insurance contributions on pay. The Act also abolished the ceiling on health insurance contributions payable by the self-employed and all this means that businesses must rethink the way that they have been structured until now.
  • CHINA - PERSONAL TAXATION AND SOCIAL SECURITY : CHINESE AND FOREIGN NATIONALS ON AN EQUAL FOOTING

    The People's Republic of China has initiated an overhaul of its social security system, reformed the personal taxation regime and has extended the scope of these laws to foreigners residing in China.
  • MOROCCO TO BECOME THE LEADING FINANCIAL PLACE IN AFRICA

    The Kingdom of Morocco is supporting the ambition of becoming the leading financial place for Africa. In this context, a wave of draft laws is to be passed and implemented within the following months, amongst which, the Law No. 53.08, setting up a new financial authority, and the Law No. 54.08, reforming public offering rules, are of paramount importance to Moroccan and foreign issuers, and financial institutions.
  • ACQUISITIONS IN CHINA : ASSET OR SHARE DEAL?

    The opportunities offered to foreign investors by the Chinese mergers and acquisitions market are increasing every year: in 2010, transactions involving foreign companies came to 60.1 billion euros, an increase of 21.2% compared with 2009. Seen from the West, where markets are declining, all sectors of the Chinese economy seem to be undergoing promising development and the statistics indicate that the Middle Empire will be a lasting springboard for growth.
  • Prime de Partage des Profits

    Le dispositif L’article 1er de la loi de financement rectificative de la Sécurité sociale pour 2011 oblige les sociétés commerciales de 50 salariés et plus, dont les dividendes par part sociale ou par action sont en augmentation par rapport à la moyenne des deux années précédentes, à verser une prime à l’ensemble de leurs salariés
  • BULGARIA MARKET OVERVIEW

    Types of investors The private equity (PE) funds that are active in Bulgaria are not raised or registered in the country. Some Bulgarian PE funds were raised recently, but there are no statistics as to the sources of their funding, their number, the funds that were accumulated, etc.
  • RECENT DEVELOPMENTS REGARDING COMMITMENTS

    THE PROCEDURE IS CLARIFIED, BUT MAY COMMITMENTS APPLY WITHOUT LIMIT?
  • Landmark decision by French Competition Authority in conditioned LPG case

    cartel case closed after discovery that leniency application was largely based on forgeries and rejection of collective dominant position objection.
  • 2012 supplementary budget

    The second supplementary budget published in the Official Gazette September 19, 2011 provides for two key measures that affect the deferral of tax losses and taxation of capital gains realized on the sale of equity securities .
  • Actualité législative fiscale

    Au delà des mesures applicables à l’ensemble des contribuables (telles que la limitation du report des déficits ou la réforme du mode de calcul des plus values sur cessions de participations),le plan de réduction des déficits annoncé le 24 août dernier par le gouvernement comprend des mesures qui intéressent spécifiquement les acteurs du secteur financier.