Firm Profile > Racine > Paris, France
40 RUE DE COURCELLES
Racine > The Legal 500 Rankings
The regions Tier 1
Parisian firm Racine has strongly developed its regional network of offices and has a presence in Bordeaux, Lyon, Marseille, Nantes and Strasbourg, as well as in Brussels. The firm is highly regarded as an independent mid-sized firm in the market and fields a team of 200 lawyers.
Employment Tier 2
Racine’s ‘highly proficient, available and reactive’ 17-lawyer team advises high-profile French and international companies across various sectors including insurance, energy, transportation, distribution and telecoms. The practice, which has ‘great knowledge of the banking sector’, also acts for several leading French banks. The firm was recently in high demand to assist with reorganisations including collective downsizing and litigation. The team also advised on the employment aspects of M&A transactions, managers' incentives, insolvency and sensitive litigation including sexual harassment issues. It recently assisted Gefco with a major reorganisation project. Other clients include Isochem, BP France and Mediawan. Frédéric Broud, Carla Di Fazio Perrin, Alain Ménard and Sarah Usunier have considerable expertise. The ‘thorough and creative’ Philippe Rogez, who is ‘excellent at handling collective and individual matters’ and is praised for his ‘strategic approach’, was a new arrival from Raphaël.
Insolvency Tier 2
Racine has a strong practice and is regularly instructed by key stakeholders and debtors to handle major industrial and LBO restructuring cases. The team recently acted for leading newspaper and magazine distributor Presstalis in high-stake conciliation proceedings and advised LBO France on the sale of its majority stake in Karavel-Promovacances and Fram. The practice also assisted investors with asset takeover offers. The six-lawyer team, which can also draw from the firm’s banking and employment practices, is headed by highly regarded duo Antoine Diesbecq and Laurent Jourdan. Emmanuel Laverrière is also a key name in the team.
Racine handles corporate, commercial and some arbitration cases. The firm acts for major companies and is notably involved in several individual and family shareholders’ disputes and international litigation. A number of partners are able to handle litigation within the firm, including the highly regarded Bruno Cavalié, who stands out for his ‘very strong business sense and skills’. Another key team member is Antoine Diesbecq, who notably represented the liquidator of Scop Seafrance in several disputes with Getlink (formerly Groupe Eurotunnel) and DFDS.
The competition and antitrust team at Racine consists of three partners who were recently joined by associate Sabrina Ledda-Noël from CMS. Valérie Ledoux recently assisted Groupe Perle du Nord and the main producers of endives in their appeal against the FCA's decision to fine them on the grounds of collusion and the maintenance of minimum prices. She also acted for Brandalley in its complaint to the regulator pertaining to an alleged foreclosure strategy implemented by competitor Vente-privée through exclusivity agreements with most high-end fashion suppliers. Bastien Thomas is also a name to note; he recently oversaw the conclusion of PSA's joint venture with Japanese group Nidec for the design and manufacturing of electric automotive engines in France. The firm's recent caseload also includes a number of national and European-level regulatory investigations.
Real estate Tier 3
Racine provides ‘excellent support in a very efficient way’. The firm's wide-ranging expertise spans investment, lease, construction and litigation matters. It can rely on strong tax support and a large regional office network. It is sought out by high-profile luxury brands and asset manager clients to negotiate commercial leases including flagship stores. The practice also assists property investors including Tristan Capital Partners, which it assisted with the sale of a portfolio. The team is also advising on building and hotel construction and renovation work. KanAm Grund, Gecina, BNP Real Estate, Cartier and Icade are other clients. The 14-lawyer practice is led by Nicolas Boytchev, Carol Santoni, Jean-Philippe Lorizon and Nelson Segundo.
Tax Tier 4
Racine has ‘high-level expertise and enjoys good relationships with the French authorities’. The ‘available and business-oriented’ nine-lawyer team advises major companies, as well as significant property investment funds on transactional tax issues. It recently assisted Mediawan with its acquisition of EuropaCorp’s French TV business, and Deka Immobilien with the acquisition of Engie’s former headquarters. The firm also handles litigation and advises individuals. Eurotunnel, Infrared and Tristan Capital Partners are among its other clients. Fabrice Rymarz and Xavier Rollet head the team in which counsels Rachel Dress and Aude Gary-Bally are also involved.
Racine > Firm Profile
The firm: Founded over 35 years ago, today Racine is one of the principal independent French law firms and is capable of responding to all of a business’ needs. With 230 lawyers – including 74 partners – located throughout France in seven offices, the firm bases its practice on the complementarity of two essential values. First, outstanding technical expertise and exemplary knowledge of the law and its development. Second, a natural inclination toward innovation, the constant search for new paths and taking initiatives in ways of working that allow the firm to respond to its clients’ needs. The combination of these qualities, as well as the comprehensive and transverse practice of litigation, allow the firm to anticipate its clients’ legal issues.
Indeed, litigation has been a part of Racine’s DNA since its very foundation, and represents 50% of the firm’s activities. The firm’s internal organisation, along with its teams’ practice of working together, allow complex and cross-speciality matters to be managed in an integrated manner. The firm’s responsiveness to its clients is achieved in part through the accessibility of the firms’ partners, who are closely engaged in the matters handled by the firm.
Areas of practice:
Mergers and acquisitions: mergers, disposals, acquisitions, equity investments, capital investments, venture capital, securities investment strategy, litigation, management packages, company law, private equity, and corporate financing, etc.
Agri-business: organising the production and sale of agricultural products, advice and litigation, regulation and control, bylaw management, operating agreement drafting, managing administrative restrictions, and assistance in developing farming operations, etc.
Banking – finance – insurance: structuring and arrangement of financial documentation, renegotiating bank debt and turnarounds, banking and finance litigation, banking and finance regulation.
Competition/distribution: cartel and abuse of dominant position, merger control, state aid, distribution and commercial agreements and BtoC consumption.
Public law: public/private contracts, state aid, community subsidies, regulated professions and activities, administrative authorisations, urban planning, public procurement and concessions, public property, environment and environmental tax, customs, transportation and logistics.
Employment law: individual employment relationships, mobility and expatriation, employment law issues in company restructurings and distressed companies, preventing conflicts of interests and defending interests, relationships with social partners, conflict management, collective bargaining, and optimisation of compensation schemes, etc.
Tax: taxation of executives, patrimonial taxation, corporate taxation, real estate taxation, restructurings, assistance with tax audits and tax litigation, and cross-border funds flow management.
Real estate/construction: real estate transactions, commercial leases, real estate development, construction, construction insurance, real estate asset management, urban planning, property taxation, and real estate financing.
IP/IT & Data Protection: IT, in all that concerns computing, Internet, telecommunications, IT systems security, digitalization, Data protection, where the team advises on personal data protection and the deployment of the GDPR, IP, where the team acts for the protection and enhancement of the intangible assets of companies
Restructuring: financial restructurings, ad hoc mandates, conciliations, safeguard proceedings, judicial reorganisations, winding-up proceedings, bankruptcy proceedings, and advice and litigation.
|Agriculture and agribusiness||Samuel Crevel|
|Banking and finance||Barna Evva, David Masson, Sandra Graslin-Latour, Antoine Hontebeyrie|
|Competition and distribution||Valérie Ledoux, Frédérique Chaput, Bastien Thomas|
|Employment and labour||Frédéric Broud, Carla Di Fazio-Perrin, Philippe Rogez, Sarah Usunier|
|Insurance||Annie Berland, Emmanuelle Ménard, Emilie Buttier|
|IP/IT & Data Protection||Eric Barbry|
|Litigation and arbitration|
|Mergers and acquisitions/corporate||Bruno Cavalié, Jean-Christophe Beaury, Luc Pons, Mélanie Coiraton, Maud Bakouche|
|Public law - Energy||Thierry Gallois, Sylvain Bergès|
|Real estate and construction||Nicolas Boytchev, Carol Santoni, Jean-Philippe Lorizon, Nelson Segundo|
|Restructuring||Antoine Diesbecq, Laurent Jourdan, Emmanuel Laverrière|
|Tax||Xavier Rollet, Fabrice Rymarz|