Racine > Paris, France > Firm Profile
Racine Offices

40 RUE DE COURCELLES
75008 PARIS
France
Racine > The Legal 500 Rankings
France > The regions Tier 1
France > Dispute resolution: Commercial litigation Tier 2
Racine is an excellent choice for high-stakes M&A and shareholders disputes, with practice head Bruno Cavalié's as the key contact in that area. The firm has been recently playing a front role in the Suez-Veolia M&A battle, defending Suez, and was also involved in a heated dispute in the media sector. The litigation practice also draws on expertise from the firm’s corporate, competition and restructuring departments to handle commercial, insolvency and real estate-related cases. Antoine Diesbecq, Laurent Jourdan, Valérie Ledoux and Sandra Graslin-Latour are particularly involved. The firm assists a prominent client base, including several of France’s leading companies.Practice head(s):
Bruno Cavalié
Other key lawyers:
Testimonials
‘Finesse and great analysis, and a lot of psychology to win!’
‘The team has a ‘business first’ vision which is essential for companies, in particular to assess the legal risks associated with entrusted files.’
‘Maître Ledoux works efficiently by understanding the economic framework and the activities of our company. She is committed to understanding the industry of her clients in order to provide them with the best possible advice.’
Key clients
Suez
Kering
Fides
Work highlights
- Representing Suez in various disputes in connection with the acquisition by Veolia of part of Engie’s stake as well as the public offer filed by Veolia on the client.
- Representing Kering in various proceedings.
- Representing Fides in relation to a liability action led against the former administrators and management of Crédit Martiniquais.
France > Employment Tier 2
Racine‘s prominent team assists a high-profile client base that includes a leading French bank and insurer, several leading French companies and numerous SMEs. The practice handles a high volume of strategic governance and restructuring work, often working alongside the firm’s insolvency practice. The group also demonstrates strength in advising on the employment law aspects of M&A transactions and was recently involved in one of the market’s largest publicly listed transactions. Litigation and sensitive individual files area other areas of strength. The practice is co-headed by the excellent Frédéric Broud, Carla Di Fazio Perrin, Sarah Usunier and Philippe Rogez.Practice head(s):
Frédéric Broud; Sarah Usunier; Philippe Rogez; Carla Di Fazio Perrin
Testimonials
‘Very good expertise in labour law.’
‘Philippe Rogez’s team has excellent knowledge of labour law; shows good pragmatism and responsiveness. They have a very good knowledge of the banking sector.’
‘Sarah Usunier shows high professionalism, sense of service, responsiveness, eagerness to find practical solutions to complex and sensitive problems. She puts herself in the client’s shoes to find solutions.’
Key clients
Office Dépôt
Presstalis
France > EU, competition and distribution Tier 3
The experienced team at independent firm Racine acts for major international corporate clients on a diverse spread of competition and distribution issues. These include state aid, merge control, abuse of dominant position, anticompetitive agreements, and proceedings before the French Competition Authority and European Commission, as well as before the European Court of Justice. Antitrust expert Valérie Ledoux, who created the team in 2019, and Bastien Thomas, who specialises in the energy, mobility, agri-food, mobility, automotive and media sectors, direct the practice. Distribution partnership specialist Sophie Pasquesoone was promoted to partner in January 2022.
Practice head(s):
Other key lawyers:
Testimonials
‘Bastien Thomas is efficient, available, demonstrating a very good knowledge of the challenges of merger control subjects, such as state aid subjects. Valuable assistance to reassure the client in the context of complex cases.’
‘Excellent team.They provide clear guidance and set clear objectives which foreign firms are expected to meet in the interest of the client.’
‘Valérie Ledoux is recognised by her peers which facilitates work with other firms. Great responsiveness.’
‘Racine has a very well-organised competition law team with excellent and clever lawyers. They are able to handle international cases with ease.’
‘Responsive and available lawyers. Good listening quality. Good consideration of operational and legal remarks.’
‘Bastien Thomas has done a remarkable job worthy of the biggest international firms (and at a lower cost). Great imagination and responsiveness.’
Key clients
Autovista
Adecco
Adeo Group
AG2R la mondiale
Brand Masters
Caisse des Depots et Consignations
Coach Services
Franprix
GTT/Elogen (formerly Arevah2gen)
Knauf
L’Oréal Group
Maïsadour
Mediawan
Metrobus
M Motors Automobiles France (Mitsubishi)
Nexity
Office Depot
Parrot Faurecia Automotive
Perle Du Nord
Quadient (Neopost)
RATP
Reed
Richemont
Shell
Suez
Symbio
Tereos
Totalenergies
Winterbotham Darby
Work highlights
- Advising Suez on the divestment of its subsidiary Suez RV Osis to Veolia.
- Advising a leading energy company on the State aid notification to the European Commission of two environmental and energy projects in France and in the Netherlands as part of the IPCEI on hydrogen.
- Advising Reed Expositions France on its litigation against the FIN.
France > Industry focus: IT and internet Tier 3
Racine is best known for digitalisation, information system security, e- commerce and computing work, handling both contentious and non-contentious mandates. The team acts as data protection officer for more than 125 companies in commerce, distribution, press, education and transport, advising them on their day-to-day IT issues. Eric Barbry is the practice head and frequently assists clients with the legal aspects of their digital transformation.Practice head(s):
France > Insolvency Tier 3
Racine has an excellent team which often assists debtors and investors. The practice handles a large volume of work, principally acting in mid-size market restructuring and insolvency cases, but also has proven expertise in larger matters. Recently, the team has been particularly active in the food, retail, hospitality and industrial sectors. It assisted several investors presenting takeover bids on major assets. The practice has also worked alongside the firm’s real estate group to assist lessors with the debt restructuring of several prominent hospitality and retail companies. Antoine Diesbecq, Laurent Jourdan and Emmanuel Laverrière co-head the practice. Associate Lisa Ducani also deserves a mention.Practice head(s):
Antoine Diesbecq; Laurent Jourdan; Emmanuel Laverrière
Other key lawyers:
Testimonials
‘Very good team led by Laurent Jourdan.’
‘Availability and efficiency; intelligent and adapted solutions.’
‘Multidisciplinary. Dealmaker. Very good transversal view.’
‘A dynamic, united, innovative and available team.’
‘Excellent interpersonal skills, great availability.’
Key clients
Presstalis
CDR Créances
Apavou
Platina International SA
Foodora
Selni Investissement
Artdesk
Orchestra
Arc International
Système U
Work highlights
- Advising France Champignon, the Bonduelle group’s branch and last French specialist in canned mushrooms, on its receivership procedure and the sale of its assets and activities.
- Advising a farmer cooperative on an ad hoc mandate procedure.
- Advising a lessor (hotel and leisure industry in France) on the negotiation of its rents in relation to the Pierre et Vacances – Center Parcs’ conciliation and restructuring.
France > Real estate Tier 3
Racine assists its clients at every stage of their transactions, from land development and urban planning to acquisitions, lease negotiations, financing, tax and rental management. Department leader Nicolas Boytchev ‘perfectly masters his subject and constantly offers the best solutions to his clients’. Involved in numerous logistics matters, Racine is advising Episo 5 on the €85m sale-and-leaseback acquisition of a portfolio of 27 logistics sites in France from the haulier Jacky Perrenot and a large international logistics group. Carol Santoni left the firm in September 2021.Practice head(s):
Other key lawyers:
Testimonials
‘We work mainly with the team of Nicolas Boytchev whose availability, efficiency, respect for deadlines and processes we particularly appreciate.’
‘We have seen the firm grow with the arrival of new associates, partners, the development of new expertise, but this has not changed our relationship with Nicolas Boytchev, who remains available and attentive to our needs.’
‘We observe at the Racine firm the plurality of their skills, but above all their availability. We have found a firm in Racine that is in line with our future expectations.’
‘Nicolas Boytchev perfectly masters his subject and constantly offers the best solutions to his clients. He seeks compromise above all while keeping in mind the defense of the interests of his clients. He is available and responsive which makes him a respected professional.’
Key clients
BNP Paribas REIM
Pathé
Tristan Capital Partners
Nexity
Icade
Generali Real Estate
Richemont International
Work highlights
- Acting as counsel for BNP Paribas REIM on the lease for Cushman & Wakefield’s new 5,000sqm French headquarters.
- Advising Cartier & Compagnie on the totality of commercial surfaces leasing depending on the Louvre Saint-Honoré building (approximately 20,000 sq.m) in order to establish the future premises of the Fondation Cartier pour l’Art Contemporain, as regards to both the lease negotiations and the drafting and negotiation of the construction and project management contracts.
- Assisting Episo 5, the real estate fund of Tristan Capital Partners, with the sale-and-leaseback acquisition, with Catella Asset Management, of a logistics and light industrial portfolio from the transport company Jacky Perrenot, for an amount of approximately €180m.
France > Administrative and public law Tier 4
Racine houses a large and experienced team, able to assist clients with the full range of public law issues. The practice is especially strong in urban planning and development where it frequently acts for leading developers on public and private sector development and construction projects. Public domain matters, such as recently advising on several issues concerning several of France’s fluvial and sea ports, are another area of strength. Lately, the team has also been involved in a number of matters pertaining to the energy sector, advising on various public law issues such as regulatory, litigation and projects. Finally, clients also turn to the practice for public procurement work. Public and private sector companies as well as public local entities are clients. The practice is co-headed by Thierry Gallois and Sylvain Bergès in Paris alongside Damien Richard and Anthony Bichelonne in Lyon.Practice head(s):
Thierry Gallois; Sylvain Bergès; Damien Richard; Anthony Bichelonne
Key clients
Blank
Bourgoin-Jallieu City
CDC Habitat and Patriarche
Crédit Agricole Immobilier
Eiffage Immobilier Centre Est
Hysetco
Icade
Izivia
National Office of the Cognac Industry
Pure Salmon – Boulogne sur Mer
Saint Quentin en Yvelines Urban Community
Tereos
Union of judicial officers
France > Mergers and acquisitions Tier 4
RacinePractice head(s):
Maud Bakouche; Jean-Christophe Beaury; Bruno Cavalié; Mélanie Coiraton; Luc Pons; Marie Pouget
Testimonials
‘Recommended for their knowledge and experience in the field of M&A and also the importance that they direct to the finer details in their negotiation strategy.’
Key clients
Iris Knobloch, Groupe Artemis et Combat Holding
AG2R La Mondiale
Axtom
Montana Aerospace
Ellisphere
La Maison Bleue
Lucca
MVVH
Mediawan
2MX Organic
Samfi Invest
Orange Bank
Suez
Alliance Champagne
Composite One
Knauf
Perial
Bridgepoint
Adeo
Coopérative Régionale des Vins de Champagne
Work highlights
- Advising the founders Iris Knobloch, Artemis Group and Combat Holding on the creation of the first European special purpose acquisition company (SPAC) dedicated to the entertainment and leisure industry, I2PO.
- Advising Montana Aerospace, a global player in the aerospace sector, on the acquisition of 90% of Cefival, a manufacturer of special extruded profiles for the aerospace and energy industries, from Siderval S.p.A, a subsidiary of the Italian group Calvi.
- Advising Suez in the context of the takeover bid by Veolia on the group, intervening on the order preventing the filing of the takeover bid, the seizure of article 145 and the commitment of amicability.
France > Tax Tier 4
Racine‘s tax team provides key support to the firm’s transactional practice. The team has strong property tax expertise and regularly advises on significant asset and portfolio transactions. In addition, the tax team offers strong private equity and M&A capabilities. It advises a number of prominent investment funds and has advised investors on the setting up and IPO deals of several SPACs. The stand-alone practice includes tax restructuring, private client matters and litigation work. The practice is co-headed by Fabrice Rymarz and Xavier Rollet.Practice head(s):
Xavier Rollet; Fabrice Rymarz
Testimonials
‘High level of expertise; aware of market practice standards and deal-oriented.’
‘Very responsive; well organised.’
Key clients
Mediawan
2MX Organic
Tristan Capital Partners
I2PO
Hémisphère
Infrared Capital Partners
Ellisphère
Orange Bank
Samfi Invest
Bridgepoint
AG2R La Mondiale
Motion Equity Partners
Global Gate Capital Partners
Axtom
Work highlights
- Advised Mediawan on the creation of Mediawan Alliance.
- Advised Xavier Niel, Matthieu Pigasse and Moez-Alexandre Zaouri in connection with the creation of the second French SPAC, 2MX Organic.
- Advised Episo 5, the real estate fund of Tristan Capital Partners, on the sale-and-leaseback acquisition, with Catella Asset Management, of a logistics and light industrial portfolio.
France > Private equity: Fund formation
Racine > Firm Profile
The firm: Founded 40 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 68 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.
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.
Banking/finance/insurance: structuring and arrangement of financial documentation, renegotiating bank debt and turnarounds, banking and finance litigation, banking and finance regulation, fund structuring.
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.
Restructuring: financial restructurings, ad hoc mandates, conciliations, safeguard proceedings, judicial reorganisations, winding-up proceedings, bankruptcy proceedings, and advice and litigation.
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.
Competition/distribution: cartel and abuse of dominant position, merger control, state aid, distribution and commercial agreements and BtoC consumption.
IP/IT and 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
Public law: projects financing, procurement contracts, concessions, public land transactions, town planning, environment and environmental taxation.
Agri-business: advice and litigation, organising the production and sale of agricultural products.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Banking - finance - insurance | Barna Evva, David Masson, Rima Maitrehenry, Sandra Graslin-Latour, Antoine Hontebeyrie | ||
Competition and distribution | Bastien Thomas, Valérie Ledoux | ||
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 | Bruno Cavalié | ||
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 |
Staff Figures
Number of lawyers : 230 at this office : 130Languages
Dutch English French German Italian SpanishMemberships
Eurojuris OMNIAOther
Other offices : Bordeaux Other offices : Brussels Other offices : Lyon Other offices : Marseilles Other offices : Nantes Other offices : StrasbourgComparative Guides
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