Firm Profile > De Pardieu Brocas Maffei > Paris, France
De Pardieu Brocas Maffei Offices
57 AVENUE D'IENA
75773 PARIS CEDEX 16
De Pardieu Brocas Maffei > The Legal 500 Rankings
Industry focus: Energy Tier 1
De Pardieu Brocas Maffei's comprehensive energy practice combines regulatory, project finance and M&A expertise. The practice is retained by leading energy producers and lenders, as well as project developers and investment funds, mainly handling work from the French renewable energy, gas and electricity industry sectors. Co-head of practice Christine Le Bihan-Graf has state-of-the-art regulatory expertise and regularly receives instructions to tackle the most complex regulatory matters, with her recent successful representation of French electricity grid operator Enedis before the Constitutional Council as a prime example. Jean-Renaud Cazali, with whom Le Bihan-Graf shares the lead of the practice, is a reference for project finance and highly sought after by lenders. Finally, the group fields a busy caseload advising on the market's most high-profile brownfield and other M&A transactions. Patrick Jaïs and Thomas Bréart de Boisanger are also highly recommended. Public law and regulatory specialist Laure Rosenblieh made counsel in 2019. Senior associate Ian Ouaknine is also noted.
Christine Le Bihan-Graf; Jean-Renaud Cazali
‘The firm has very high level of proficiency on gas and electricity regulation issues.’
‘The firm provides high-quality work and a great strategic vision.’
‘The team shows strong engagement and availability. It demonstrates excellent ability to liaise with regulators and make the complex world of energy regulations seem simple and understandable.’
‘The firm has deep local market insight and experience on infrastructure and energy M&A transactions. They have the required experience and relationships to handle the biggest and most complex mandates in that area.’
‘Christine Le Bihan-Graf has excellent sector knowledge, a personable manner and strong engagement. She is able to make complex things simple and to get things done in difficult and tight deadlines.’
‘Senior associate Ian Ouaknine goes above and beyond the usual commercial and legal aspects of a transaction to managing and advising on government and regulatory process compliance. He is always exceptionally responsive.’
BANK OF TOKYO
SUMITOMO MITSUI BANKING CORPORATION GROUP
DEUTSCHE PFANDBRIEFBANK (PBB)
LA BANQUE POSTALE
ANTIN INFRASTRUCTURE PARTNERS
ORANO (ex AREVA)
FIRST STATE INVESTMENT
CAISSE DES DEPOTS
ELECTRICITE DE STRASBOURG
IPM / SAMSUNG ASSET MANAGEMENT
Insolvency Tier 1
De Pardieu Brocas Maffei is regularly called upon to advise on the market’s most high-profile cases, notably those raising highly complex financing and cross-border issues. The eight-lawyer practice, which can also rely on available complementary corporate and finance expertise, is the top choice for banking creditors, while debtors also turn to the team for sensitive cases. The firm was recently involved in a high volume of headline cases, many involving listed companies and major retail groups, often under an LBO scheme. Leading market figures Philippe Dubois and Joanna Gumpelson direct the team. Ségolène Coiffet is also very strong and Paul Talbourdet is involved on the financing aspects. Alexis Rapp, who made counsel in 2019, provides key support. Banking and finance and restructuring counsel Simon Le Wita is also noted.
Philippe Dubois; Joanna Gumpelson
Other key lawyers:
‘The firm has exceptional technical and commercial skills. The team is able to remain serene in a very stressful environment and shows a great mastering of matters.’
‘Joanna Gumpelson has excellent technical knowledge and is able to explain French procedures in a way that make them easy for foreign lawyers and their clients to understand.’
‘Counsel Simon Le Wita has good technical knowledge of French procedures and is willing to fight tenaciously to defend his clients’ positions. He also has a strong appreciation of the wider legal and cultural background in which foreign lawyers and their clients operate. He is also a genuine pleasure to work with.’
TOYS “R” Us
MARIE BRIZARD WINE & SPIRITS
GROUPE SEA INVEST
GROUPE CREDIT AGRICOLE (CA CIB, LCL, Caisses Régionales)
GROUPE BPCE (NATIXIS, BRED, PALATINE, CAISSES d’EPARGNE et BANQUE POPULAIRE)
BANK OF IRELAND
Real estate Tier 1
The very impressive De Pardieu Brocas Maffei has a large and highly experienced team of 25 lawyers, able to tackle the most high-profile investment, financing, corporate and tax property matters. The firm recently advised on a large volume of landmark office, retail, hotel and residential transactions, including large portfolio deals, on behalf of a diverse client base made up of the market’s leading players. The group notably assisted Apollo Global Management with the €470m acquisition of a 32 shopping asset portfolio from Casino. The team includes high-profile duo Emmanuel Fatôme and Paul Talbourdet who co-head the practice, Pierre Gebarowski, who is a reference for real estate finance, and leading tax expert figures Emmanuel Chauve and Alexandre Blestel. Also involved are Yannick Le Gall, Katia Belhiteche, corporate partners Nicolas Favre and Eric Muller, and counsel Nicolas Bricaire. Victoria Mikolajczyk has been promoted counsel in 2019. Guillaume Rossignol left the profession.
Emmanuel Fatôme; Paul Talbourdet
Other key lawyers:
‘The firm has a great track record and experience and excellent knowledge of the legal environment.’
AAREAL BANK AG
CARREFOUR / CARMILA
De Pardieu Brocas Maffei’s Christine Le Bihan-Graf is a stellar name in France for dealing with high-level issues pertaining to regulated sectors. Heading a five-lawyer team, she is currently handling highly strategic work in the energy sector, notably for the French electricity grid operator. The team is equally tackling landmark work in the transport sector and providing top-level guidance on high-profile privatisation projects. Finally, the team also advises on public law contracts and projects and represents clients in litigation arisen from these areas. Public law and regulatory specialist Laure Rosenblieh was named counsel.
Christine Le Bihan-Graf
Other key lawyers:
CAISSE DES DEPOTS ET CONSIGNATIONS
CANAL PLUS RATP
CONSEIL DU COMMERCE DE FRANCE
ELECTRICITE DE STRASBOURG
'The banking team is one of the best, if not the best, in the market', says a client of De Pardieu Brocas Maffei. The firm has a deep bench with 11 partners, and its core strengths lie in real estate finance, corporate financing, syndicated lending, restructuring financing, and acquisition and leveraged financing for large French and international banks and debt funds. Christophe Gaillard, who handles syndicated loans and acquisition finance, and capital markets partner Olivier Hubert lead the practice. Emmanuel Fatôme is a key name in the corporate finance and real estate financing market.
Christophe Gaillard; Olivier Hubert
‘My main contact is Christophe Gaillard who is the first choice for clients in this sector. He deserves this recognition for the combination of his many qualities but also due to the team around him, in which each member is a very good professional.‘
‘I work mainly with Christophe Gaillard and his team. Christophe is an excellent lawyer who brings together a very high level of technical skill, a good understanding of business issues and good negotiating skills. He knows how to surround himself with colleagues of different levels of seniority who are very involved in the matters and who understand them very well.‘
CA-CIB (CREDIT AGRICOLE GROUP)
La BANQUE POSTALE
Marie Brizard Wine & Spirits
De Pardieu Brocas Maffei is able to cover a vast spectrum of litigation cases, drawing resources from dedicated partners as well as from those based in other departments. The practice is especially strong at dealing with high-stakes commercial, real-estate and banking litigation. It is notably handling a large volume of structured products litigation cases for Dexia and CACIB, which are being sued by various French departments and cities. The firm also deals with corporate and industrial disputes and handles international and exequatur litigation, as well as insolvency-related cases. Paul Talbourdet, Philippe Dubois and Barbara Levy co-head the practice. Dominique Lefort is the key name for banking litigation, while Patrick Jaïs and Ségolène Coiffet come recommended for corporate and insolvency cases. Competition law partner Philippe Guibert also takes on commercial disputes.
Paul Talbourdet; Philippe Dubois; Barbara Levy
SNI (CDC HABITAT)
ASIA BROADCAST SATELLITE (ABS)
LIFE LIKE TOURING (TEG GROUP)
THE NORTH FACE INC.
Employment Tier 2
De Pardieu Brocas Maffei is trusted by many of France’s leading companies. The ten-lawyer team provides strategic advice on a wide range of issues. Its expertise is notably sought after to help with major restructuring and mass redundancy projects, as well as for large workforce transfers. The practice also works hand-in-hand with the firm’s renowned insolvency team to assist with the employment aspects of high-profile insolvency and pre-insolvency cases. It also provides assistance to the M&A team on transactions. Philippe Rozec is in charge. Other key members include counsels Elise Bénéat, Isabelle Dauzet and Louise Thiébaut.
Other key lawyers:
‘They understand their clients’ business well. They work quickly and provide high-quality work.’
‘Their responsiveness is exemplary. The team takes into account its clients’ business, habits and environment.’
‘The team shows great professionalism and provides bespoke advice.’
‘Philippe Rozec is a great quality and reliable lawyer. He shows strong listening skills and is flexible.’
‘Counsel Isabelle Dauzet is flexible, simple, efficient and practical. She is a great business partner.’
TOTAL RAFFINAGE CHIMIE
De Pardieu Brocas Maffei is handling several high-profile antitrust cases before the French Competition Authority, spanning various sectors such as the retail, banking, food and travel agency sectors. The 12-lawyer team also acts in domestic merger control cases and defended a client in a significant damage claim lawsuit following a previous cartel condemnation by the EU Commission. The practice is co-headed by Philippe Guibert, Emmanuel Durand and Barbara Levy, who assists major retail brands with distribution issues. Counsels Laëtitia Gavoty Tolot, Alexandre Eberhardt and Sofia El Hariri provide strong support.
Philippe Guibert; Emmanuel Durand; Barbara Levy
‘The team is extremely available and performs very well. Lawyers are very professional, have great listening skills and are particularly responsive.’
‘The antitrust team is made up of excellent practitioners who have great experience. They are really dedicated to finding solutions and provide high-quality advice.’
‘Philippe Guibert is excellent, very close to his clients and constantly looks for the best solutions.’
‘Emmanuel Durand has a great network and strong analysis skills.’
Groupe BELL AG
CAA 11 (marketing agency of UEFA)
Paris 2024 (Olympic Games organization Committee)
FEDERATION FRANCAISE DU BATIMENT
LES CINEMAS PATHE GAUMONT
FEDERATION DES INDUSTRIES NAUTIQUES
LIGUE DE FOOTBALL PROFESSIONNEL
LIGUE NATIONALE DE BASKETBALL
THE NORTH FACE
De Pardieu Brocas Maffei's competition law partner Emmanuel Durand regularly advises the French professional football and basket leagues as well as the French Football Federation on various matters, including regulatory and competition law issues, marketing issues and the negotiation of TV broadcasting rights.
FRENCH PROFESSIONAL FOOTBALL LEAGUE
FRENCH PROFESSIONAL BASKETBALL LEAGUE
FRENCH FOOTBALL FEDERATION
SPORT & CO
Private equity: LBO Tier 2
De Pardieu Brocas Maffei remains a go-to firm for mid-market leveraged buy-outs and has strong transactional expertise in addition to strong financing and tax credentials. Distressed LBO transactions are another area of strength. The group is experienced in advising buyers and sellers, but also has notable expertise acting for managers. Domestic transactions account for the bulk of the workload, but the team is also adept at assisting with cross-border matters. Matthieu Candia was promoted to counsel in April 2019 and tax specialist Priscilla van den Perre was made up to partner in July 2019. Practice heads Jean-François Pourdieu and Cédric Chanas are the key names. Tax partner Nadine Gelli joined Kirkland & Ellis LLP in January 2020.
Jean-François Pourdieu; Cédric Chanas
‘Real experts in their field. Irreproachable involvement in the matters. Remarkable attitude during negotiations.‘
‘Cédric Chanas is an excellent professional and gets along very well with the managers of small and medium-sized enterprises.‘
21 Centrale Partners
Five Arrows Managers
Project finance Tier 2
Headed by Jean-Renaud Cazali, the team at De Pardieu Brocas Maffei regularly receives instructions from banks to advise on large and mid-size infrastructure and energy projects in France. The practice shoulders a high volume of work, primarily for banks, but also for energy companies. Recent work includes several significant refinancings, for example assisting EIB with Lisea’s €2bn debt in the context of the new high-speed railway line 'SEA', and advising Puy du Fou on the financing of a new leisure park in Spain. Financing and refinancing deals in the cogeneration and renewals sector is another busy line of work, with recent examples including assisting CIC and Auxifip with the financing of the acquisition of a majority stake in a Dalkia-held cogeneration facilities portfolio by Amundi Transition Energétique, and advising the lenders on the financing of the conversion of a 33.5MW coal-fired power plant into a thermal biomass plant. Senior associate Antoine Payen is also recommended.
‘Jean-Renaud Cazali is a very experienced and highly technical lawyer who has a strong knowledge of the market and a commercial approach. He is an excellent negotiator, very pragmatic and business-friendly. He perfectly defends his clients’ interests and has the ability to find solutions, to reconcile positions and to conclude a deal.’
‘Senior associate Antoine Payen is very efficient, reactive and has a good knowledge of the market. His understanding of legal and business issues make him a very competent and reliable adviser, able to fully defend his clients’ interests while being very pragmatic and a deal maker.’
CREDIT FONCIER DE FRANCE
DEUTSCHE PFANDBRIEFBANK (PBB)
LA BANQUE POSTALE
BANK OF TOKYO / MITSUBISHI UFJ / SUMITOMO MITSUI BANKING CORPORATION GROUP
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK
Tax Tier 2
De Pardieu Brocas Maffei's well-staffed practice is known as a powerhouse in the market for property tax work. In recent highlights, the team assisted Carrefour and its co-investors with the €900m sale of listed property company Cargo Property Assets, as well as SNCF with the €1.5bn sale of Foncière Vesta. Practice head Emmanuel Chauve and the 'brilliant and very committed' Alexandre Blestel are well regarded for their property tax expertise. In addition, the practice has great resources for LBO and private equity transactions thanks to the promising Priscilla van den Perre, who was recently promoted to partner. While the team lost highly regarded corporate tax adviser Nadine Gelli to Kirkland & Ellis LLP, it was bolstered by the hiring of new corporate tax partner Anne-Laure Drouet, who joined from Ernst & Young Société d'Avocats.
‘The team is really expert and follows a straight to-the-point business approach’
‘The best real estate tax team in Paris. They always find the best solutions, and are very professional, and very friendly’
‘The team is available, has an excellent level of expertise and provides very relevant advice with much added value. Lawyers are practical, very efficient, very involved and have exceptional proficiency, never making any mistake’
‘Emmanuel Chauve and his team always have everything under control’
‘Alexandre Blestel is brilliant and very committed. His high-level tax expertise is complemented by great financial skills, providing him with a broader view of the issues faced by his clients’
‘Priscilla Van Den Perre is an excellent tax adviser who provides highly relevant advice, has great and swift judgement, and is very commercial’
Fonciere Des Regions
Credit Agricole Assurances
21 Centrale Partners
ITS Group SA
Algonquin and Cardif
‘Very good technical and strong interpersonal skills.‘
CREDIT DU NORD
BARCLAYS BANK PLC.
De Pardieu Brocas Maffei defends companies, hedge funds and individuals in AMF investigations, and was recently involved in several matters regarding insider dealings and financial information communication issues. In a recent mandate, the group acted for hedge funds Coudree Capital management and Compania International Financiera in a lengthy matter, ultimately succeeding in having a previous AMF decision overturned by the French Supreme Court. Patrick Jaïs is the main contact.
Mergers and acquisitions Tier 3
French firm De Pardieu Brocas Maffei advises major French and multinational companies on M&A deals, joint ventures, restructurings and distressed corporate transactions. Key practitioners include Thierry Brocas, Guillaume Touttée, Patrick Jaïs and Jean-François Pourdieu; they work closely with the firm's finance, real estate, competition, tax, employment, litigation and restructuring specialists on large transactions. A major player in domestic deals in sectors including financial services, real estate, energy and utilities, the firm also handles cross-border matters. Magali Masson joined from Franklin in January 2020.
Thierry Brocas; Patrick Jais; Jean-François Pourdieu; Guillaume Touttée
‘The practice provides solution-oriented legal services at excellent quality, acts very fast and is always reachable to discuss anything. Its deep commercial understanding of the transaction is a bonus.‘
‘Eric Muller has incredible commitment to delivering and shows true interest in the needs of the client. Moreover, he always finds smart solutions and is thinking many steps ahead when creating strategy. He provides excellent quality of legal services consistently, even in critical situations under pressure. I would prefer him over any other lawyer in France I worked with on M&A deal.‘
‘The firm has a very dedicated and client-oriented mindset and is able to define all different scenarios with a risk adjusted approach. It is very knowledgeable of the environment of investment banks, competitors and authorities.‘
‘Nicolas Favre and real estate partner Paul Talbourdet are the key people we deal with. Both have great capabilities to understand and support our goals in a transaction. They have great capacity to have a general analysis and view of complex transactions involving many different contracts.‘
‘The firm has a very good approach to the problems we encounter. It has great professionalism and very good relations with clients.‘
‘It has a strong team with efficient partner oversight but, most importantly, exceptional senior associates capable of running the brunt of the file in near total autonomy. The overall effect is true value for money. Partner availability is, however, not impacted and the client experience is exceptional.‘
‘Cédric Chanas is hard charging and engaged, determined to get the deal done while remaining good humoured and extremely pleasant to work with. His level of experience is extremely high. He knows what to say, what to do and when to do it and can anticipate likely issues well in advance. He is perfectly capable and adept at countering opposing counsel and achieving the client’s goals.‘
‘DPB is organised by department, each lawyer is specialised in a field. All these departments work together, which allows their clients to have the best possible view of a problem and to understand it as a whole. It has a very large network and lots of experience.‘
‘It is a very professional team with a very business-minded view of the topics that is particularly appreciated. Guillaume Touttée has particular expertise.‘
‘The M&A team led by Guillaume Touttée has a broad expertise in complex transactions beyond pure M&A matters and spanning a wide array of areas such as real estate, insurance, market law, commercial law, anti-trust, bankruptcy, labour and more, allowing a 360° view of any files entrusted to them. They are reactive, agile, pragmatic and committed to their clients’ success.‘
‘Guillaume Touttée is the lawyer you want on your side in a M&A operation. He is an utterly skilled strategist, extremely experienced with a broad knowledge of transactional matters and focused on his clients’ specific needs. He is also a pleasure to work with and a true asset in tough negotiations.‘
‘Most likely the best M&A legal team in France.‘
‘Nicolas Favre is the layer that I would always have with me. He is the best ally when you have a hard deal to close.‘
ORANO (ex. AREVA)
NATIXIS GLOBAL ASSET MANAGEMENT
LA BANQUE POSTALE
CREDIT AGRICOLE ASSURANCES
IPM GROUP AND SAMSUNG ASSET MANAGEMENTCO., LTD
De Pardieu Brocas Maffei > Firm Profile
Acknowledged among the leading business law firms in France, De Pardieu Brocas Maffei has 150 lawyers, including 33 partners; its practice covers banking, finance and capital markets, mergers and acquisitions/private equity, restructuring and insolvency, litigation, real estate and real estate finance, competition law, tax law, public law, IP and employment law.
De Pardieu Brocas Maffei, established in 1993, is widely recognised for its strong international practice.
Banking and finance: the banking and finance activity is divided across three specialisations: bank and bond financing, capital markets and derivatives, banking and financial regulations. The team assists clients with large and complex transactions in all types of financings. It advises a large number of French, European and non-European credit institutions acting as arrangers, lead underwriters, lenders and sub-lenders, as well as debt funds and other bond investors and sponsors.
Corporate/ M&A and private equity: the M&A team is multidisciplinary and covers all corporate activities: M&A, stock market transactions, private equity, restructuring, joint ventures, issuance of equity or debt, mezzanine financings, etc. The team is on hand to support its clients during all phases of their development, whether they are planning a merger or acquisition, the sale of a business, a complex corporate transaction or a change of corporate governance structure.
Real estate and real estate finance: the team assists clients in carrying out real estate sale and purchase transactions, setting up property funds, and financing real estate. The team also handles all transactions related to the development, management and optimisation of property portfolios, renovation/restructuring works etc., and regularly advises and assists a wide variety of clients (insurance companies, listed and non-listed property companies, French and foreign property funds and partnerships, financing providers, developers and users).
Restructuring and insolvency: the team offers a full range of advisory, assistance and representation services to distressed companies, and their shareholders and creditors.
Dispute resolution: De Pardieu’s litigators represent clients at all stages of the dispute resolution process before French civil, criminal and administrative courts as well as European jurisdictions.
Tax: the tax team assists clients with corporate, real estate and financial transactions, working closely with the firm’s other specialty practice groups.
EU competition: De Pardieu’s team regularly assists clients before the French and EU competition authorities and courts, in all types of cases concerning anti-competitive practices and state aids. The practice is also focused on French and EU merger controls.
Project finance and PPP: the project finance team assists public and private clients with all types of PPP and energy projects, and with all phases of domestic and international projects.
Employment: with its dedicated employment team, the firm provides advisory and dispute resolution assistance in the various areas of employment and social protection laws. The team advises large domestic and international groups of companies as well as public bodies in numerous business sectors.
IP: De Pardieu’s IP team offers strategic advice in a full range of IP and related areas (trademarks, copyrights, design, domain names and public names, protection of privacy, press law, personal data protection, e-commerce, unfair competition and related issues).
Public law: with thorough knowledge of the public and regulated sectors, the team’s specialised lawyers primarily advise on issues in regulated business sectors, such as energy, telecommunications as well as in public services.
|Banking and finance||Sébastien Boullier de Branche|
|Banking and finance||Jean-Renaud Cazali|
|Banking and finance||Corentin Coatalem|
|Banking and finance||Christophe Gaillard|
|Banking and finance||Olivier Hubert|
|Banking and finance||Yannick Le Gall|
|Capital markets, structured finance, securitisation||Corentin Coatalem|
|Capital markets, structured finance, securitisation||Olivier Hubert|
|Capital markets, structured finance, securitisation||Yannick Le Gall|
|Corporate, M&A||Thomas Bréart de Boisanger|
|Corporate, M&A||Cédric Chanas|
|Corporate, M&A||Nicolas Favre|
|Corporate, M&A||Patrick Jaïs|
|Corporate, M&A||Frédéric Keller|
|Corporate, M&A||Magali Masson|
|Corporate, M&A||Eric Muller|
|Corporate, M&A||Jean-François Pourdieu|
|Corporate, M&A||Guillaume Touttée|
|Corporate, M&A||Delphine Vidalenc|
|Dispute resolution and arbitration||Ségolène Coiffet|
|Dispute resolution and arbitration||Philippe Dubois|
|Dispute resolution and arbitration||Joanna Gumpelson|
|Dispute resolution and arbitration||Dominique Lefort|
|Dispute resolution and arbitration||Barbara Levy|
|Dispute resolution and arbitration||Paul Talbourdet|
|Economic public law||Christine Le Bihan-Graf|
|Energy||Thomas Bréart de Boisanger|
|Energy||Christine Le Bihan-Graf|
|EU competition||Emmanuel Durand|
|EU competition||Philippe Guibert|
|Intellectual property||Barbara Levy|
|Private equity||Cédric Chanas|
|Private equity||Magali Masson|
|Private equity||Jean-François Pourdieu|
|Private equity||Guillaume Touttée|
|PPP, project finance||Jean-Renaud Cazali|
|PPP, project finance||Christine Le Bihan-Graf|
|Real estate and real estate finance||Katia Belhiteche|
|Real estate and real estate finance||Emmanuel Fatôme|
|Real estate and real estate finance||Pierre Gebarowski|
|Real estate and real estate finance||Yannick Le Gall|
|Real estate and real estate finance||Paul Talbourdet|
|Restructuring and insolvency||Ségolène Coiffet|
|Restructuring and insolvency||Philippe Dubois|
|Restructuring and insolvency||Joanna Gumpelson|
|Tax||Priscilla van den Perre|
Staff FiguresPartners : 33 Counsels : 18 Scientific council : 1 Associates : 102 Trainees : 15 Staff : 40
LanguagesEnglish French Arabic German Italian Spanish Russian
MembershipsIBA (International Bar Association)
Top Tier Firm Rankings
- Administrative and public law
- Banking and finance: transactional work
- Dispute resolution: Commercial litigation
- EU, competition and distribution
- Media and entertainment: Sports
- Private equity: LBO
- Project finance
- Derivatives and structured finance
- Dispute resolution: Stock market litigation
- Mergers and acquisitions
- Intellectual property: Trade marks and designs