Firm Profile > Ashurst > London, England

Ashurst
LONDON FRUIT & WOOL EXCHANGE
1 DUVAL SQUARE
LONDON
E1 6PW
England

Commercial property: corporate occupiers Tier 1

At Ashurst, the firm's bench of real estate lawyers are ‘extremely adept at tackling complex issues’ and display an ‘unrivalled attitude to supporting their clients’. On the development side, the team is active in the logistics, build-to-rent and private rented sectors and demonstrates prowess on urban regeneration and major development schemes. Investor clients span Europe, the Middle East, Australia, North America and Asia, particularly South Korea, Japan, China and Singapore, and entrust the group to handle the full range of asset management and cross-border investments. The team represents both corporate and government occupiers on the leasing of industrial, retail and headquarter buildings and also supports a number of household retailers on the full range of real estate matters, including planning and construction. The group notably continues to advise Westfield on phase 2 of the Westfield London development project in White City, which is extending the shopping centre by over 500,000 sq ft. David Jones is a ‘stand out’ in the investment field and tailors his practice towards international real estate M&A and joint ventures, while Hugh Lumby is another recommended name. Recently promoted partner Tim Regis is recommended for regeneration schemes and joint ventures while 'tenacious and attentive' senior associate Julie Connolly is also well-regarded.

Testimonials

‘The team has deep and incredibly insightful experience of highly complicated deals.’

‘The working relationships between infrastructure, planning and commercial real estate partners is personal and collaborative in a way that delivers frictionless and excellent advice.’

‘Highly knowledgeable and specialised in their field. Very accessible and consistently provide a high service and results regarding of the situation and problems encountered’.

‘Very versatile and pragmatic in their approach. Always willing and able to overcome issues that with other firms can derail a deal’.

‘Jamie Chapman and Henry Moss have between them a depth of legal and commercial expertise in real estate generally’

‘Ashurst are extremely adept at tackling complex issues and identifying solutions in a clear, concise and professional manner. They have a broad range of expertise which makes them first choice for the most complex deals’.

‘Donna Fleming stands out. She is an excellent negotiator, and understands the value of building excellent working relationships with the other side’s counsel during deals. Her tenacity and commitment to get the deal done, in the right manner, on the right terms for her clients, and in the demanding timeframes, is exceptional’.

‘What sets this practice apart from others we deal with is their attentiveness and unbridled commitment and persistence to seeing a transaction through to completion’.

‘Jamie Chapman and Julie Connolly are most highly regarded given their tenacity and attentiveness and unbridled and persistence and commitment to seeing a transaction through to completion’.

‘Henry Moss navigates complex legal and commercial points and discussions well. Good understanding of the real estate industry and where potential pitfalls can lie.’

‘The Ashurst team is unquestionably different to other real estate legal teams in other firms. They have an unrivalled attitude to supporting their clients and have the expertise across the real estate practice to deliver. The property law, tax and structuring and real estate debt advisory teams all work seamlessly together and the result is excellence’.

‘All members of the Ashurst team excel in putting their finger on the issues in a real estate transaction and they guide their clients to a solution that will work for them and the other party on the opposite side of the deal’.

Key clients

Oxford Properties

Westfield

Lendlease

Stanhope

Grosvenor

The Berkeley Group

Knight Frank Investment Management

M&G

Oaktree

RWC Partners

H&M

IBM

Invesco

BAE

Commercial property: development Tier 1

At Ashurst, the firm's bench of real estate lawyers are ‘extremely adept at tackling complex issues’ and display an ‘unrivalled attitude to supporting their clients’. On the development side, the team is active in the logistics, build-to-rent and private rented sectors and demonstrates prowess on urban regeneration and major development schemes. Investor clients span Europe, the Middle East, Australia, North America and Asia, particularly South Korea, Japan, China and Singapore, and entrust the group to handle the full range of asset management and cross-border investments. The team represents both corporate and government occupiers on the leasing of industrial, retail and headquarter buildings and also supports a number of household retailers on the full range of real estate matters, including planning and construction. The group notably continues to advise Westfield on phase 2 of the Westfield London development project in White City, which is extending the shopping centre by over 500,000 sq ft. David Jones is a ‘stand out’ in the investment field and tailors his practice towards international real estate M&A and joint ventures, while Hugh Lumby is another recommended name. Recently promoted partner Tim Regis is recommended for regeneration schemes and joint ventures while 'tenacious and attentive' senior associate Julie Connolly is also well-regarded.

Leading individuals

Next Generation Partners

Rising stars

Testimonials

‘The team has deep and incredibly insightful experience of highly complicated deals.’

‘The working relationships between infrastructure, planning and commercial real estate partners is personal and collaborative in a way that delivers frictionless and excellent advice.’

‘Highly knowledgeable and specialised in their field. Very accessible and consistently provide a high service and results regarding of the situation and problems encountered’.

‘Very versatile and pragmatic in their approach. Always willing and able to overcome issues that with other firms can derail a deal’.

‘Jamie Chapman and Henry Moss have between them a depth of legal and commercial expertise in real estate generally’

‘Ashurst are extremely adept at tackling complex issues and identifying solutions in a clear, concise and professional manner. They have a broad range of expertise which makes them first choice for the most complex deals’.

‘Donna Fleming stands out. She is an excellent negotiator, and understands the value of building excellent working relationships with the other side’s counsel during deals. Her tenacity and commitment to get the deal done, in the right manner, on the right terms for her clients, and in the demanding timeframes, is exceptional’.

‘What sets this practice apart from others we deal with is their attentiveness and unbridled commitment and persistence to seeing a transaction through to completion’.

‘Jamie Chapman and Julie Connolly are most highly regarded given their tenacity and attentiveness and unbridled and persistence and commitment to seeing a transaction through to completion’.

‘Henry Moss navigates complex legal and commercial points and discussions well. Good understanding of the real estate industry and where potential pitfalls can lie.’

‘The Ashurst team is unquestionably different to other real estate legal teams in other firms. They have an unrivalled attitude to supporting their clients and have the expertise across the real estate practice to deliver. The property law, tax and structuring and real estate debt advisory teams all work seamlessly together and the result is excellence’.

‘All members of the Ashurst team excel in putting their finger on the issues in a real estate transaction and they guide their clients to a solution that will work for them and the other party on the opposite side of the deal’.

Key clients

Westfield (now Unibail Rodamco Westfield)

Lendlease

Stanhope

Great Portland Estates

Oxford Properties

Oxford West End Developments

Lee Valley Regional Port Authority

Berkeley Group

BAE Systems

Transport for London

Balfour Beauty

Invesco

Hammerson

Hines

Telford Homes

British Land

Qatari Diar

M&G

Grosvenor

Samsung SRA Asset Management (South Korea)

Mirae Asset Daewoo (South Korea)

Korea Investment Management (South Korea)

Vestas Investment Management (South Korea)

Korea Investment and Securities (South Korea)

The Valesco Group

LB Asset Management (South Korea)

Korea Investment and Securities (South Korea)

KB Securities (South Korea)

NH Investment & Securities (South Korea)

PGGM

Meritz Securities (South Korena)

Lovell Partnerships Limited

Grosvenor

First Panattoni

Ascendas REIT

Telford Homes plc

Partners Group

Kildare Partners

Associated British Ports

Commercial property: investment Tier 1

At Ashurst, the firm's bench of real estate lawyers are ‘extremely adept at tackling complex issues’ and display an ‘unrivalled attitude to supporting their clients’. On the development side, the team is active in the logistics, build-to-rent and private rented sectors and demonstrates prowess on urban regeneration and major development schemes. Investor clients span Europe, the Middle East, Australia, North America and Asia, particularly South Korea, Japan, China and Singapore, and entrust the group to handle the full range of asset management and cross-border investments. The team represents both corporate and government occupiers on the leasing of industrial, retail and headquarter buildings and also supports a number of household retailers on the full range of real estate matters, including planning and construction. The group notably continues to advise Westfield on phase 2 of the Westfield London development project in White City, which is extending the shopping centre by over 500,000 sq ft. David Jones is a ‘stand out’ in the investment field and tailors his practice towards international real estate M&A and joint ventures, while Hugh Lumby is another recommended name. Recently promoted partner Tim Regis is recommended for regeneration schemes and joint ventures while 'tenacious and attentive' senior associate Julie Connolly is also well-regarded.

Leading individuals

Testimonials

‘The team has deep and incredibly insightful experience of highly complicated deals.’

‘The working relationships between infrastructure, planning and commercial real estate partners is personal and collaborative in a way that delivers frictionless and excellent advice.’

‘Highly knowledgeable and specialised in their field. Very accessible and consistently provide a high service and results regarding of the situation and problems encountered’.

‘Very versatile and pragmatic in their approach. Always willing and able to overcome issues that with other firms can derail a deal’.

‘Jamie Chapman and Henry Moss have between them a depth of legal and commercial expertise in real estate generally’

‘Ashurst are extremely adept at tackling complex issues and identifying solutions in a clear, concise and professional manner. They have a broad range of expertise which makes them first choice for the most complex deals’.

‘Donna Fleming stands out. She is an excellent negotiator, and understands the value of building excellent working relationships with the other side’s counsel during deals. Her tenacity and commitment to get the deal done, in the right manner, on the right terms for her clients, and in the demanding timeframes, is exceptional’.

‘What sets this practice apart from others we deal with is their attentiveness and unbridled commitment and persistence to seeing a transaction through to completion’.

‘Jamie Chapman and Julie Connolly are most highly regarded given their tenacity and attentiveness and unbridled and persistence and commitment to seeing a transaction through to completion’.

‘Henry Moss navigates complex legal and commercial points and discussions well. Good understanding of the real estate industry and where potential pitfalls can lie.’

‘The Ashurst team is unquestionably different to other real estate legal teams in other firms. They have an unrivalled attitude to supporting their clients and have the expertise across the real estate practice to deliver. The property law, tax and structuring and real estate debt advisory teams all work seamlessly together and the result is excellence’.

‘All members of the Ashurst team excel in putting their finger on the issues in a real estate transaction and they guide their clients to a solution that will work for them and the other party on the opposite side of the deal’.

Key clients

Samsung SRA Asset Management (South Korea)

Westfield (now Unibail Rodamco Westfield)

Lendlease

Oxford Properties

Savills Investment Management

Knight Frank Investment Management

Hines

BAE Systems

Tritax

Norges Bank

Invesco

Hammerson

Qatari Diar

M&G

DTZ Investors

Mirae Asset Daewoo (South Korea)

Korea Investment Management (South Korea

Vestas Investment Management (South Korea)

Korea Investment and Securities (South Korea)

The Valesco Group

LB Asset Management (South Korea)

Korea Investment and Securities (South Korea)

KB Securities (South Korea)

NH Investment & Securities (South Korea)

PGGM

Meritz Securities (South Korea)

Lovell Partnerships Limited

Grosvenor

First Panattoni

Ascendas REIT

Infrastructure (including PFI and PPP) Tier 1

Ashurst fields a team of lawyers handling an impressive breadth of infrastructure asset classes, including energy and resources, transport and digital infrastructure, among others. It also has notable expertise in waste and biomass deals as well as in PPP/PFI projects. The group's clients comprise of government agencies, municipal authorities, funders, sponsors and contractors. Philip Vernon heads the UK's projects division and is well versed in privatisations and project financing. Mark Elsey and Terence Van Poortvliet are key contacts in matters in the transport sector, while Cameron Smith is regularly instructed in the energy field. Logan Mair advises on greenfield PPP projects.

Leading individuals

Next Generation Partners

Testimonials

The practice at Ashurst is an industry leader in all aspects of development of environmental infrastructure projects.  It always approaches projects in a pro-active and innovative manner, seeking to find solutions and identifying key issues for negotiation.

The team has extensive experience in, and a sound working knowledge of, the UK waste management sector and benefits from its position as an important practice within the wider partnership.’

Ashurst has excellent sector specific knowledge and very accessible staff.

Cameron Smith is committed, energetic and effective at all times.’

Anthony Johnson is outstanding. He is commercial, accessible and provides consistently high quality advice.’

Logan Mair is excellent in developing strategies and seeing wider commercial implications.

Patrick Boyle and Logan Mair have  clear insight into their client’s motivations and an ability to address those motivations with their advice.’

Key clients

Babcock International Plc

Balfour Beatty Investments

BAM PPP PGGM Infrastructure Cooperative UA

Assured Guaranty (Europe) plc

Meridiam

Interserve

Iridium Concesiones de Infraestructuras, S.A.

Lendlease

Amey

Crossrail

HM Treasury

Department for Environment, Food and Rural Affairs (Defra)

Department for Transport (DfT)

Transport for London

Hitachi Rail Europe Limited (Hitachi Rail)

Keolis

Fomento de Construcciones y Contratas, S/A/ (‘FCC’)

Wheelabrator Technologies

Shanks/Renewi plc

Brockwell Energy

Green Investment Group

Covanta Energy

Sodexo UK

Korea Export Import Bank (K-EXIM)

European Investment Bank

Bank of Tokyo-Mitsubishi UFJ

HSBC

SMBC

BP plc

Macquarie Infrastructure Debt Investment Solutions (MIDIS)

Allianz Global Investors GmbH

Blackrock Infrastructure Fund

Blackstone

Brookfield Infrastructure Fund

Deutsche Alternative Asset Management

Islamic finance Tier 1

Ashurst is best known for its expertise in shari'ah-compliant structured products, both in the bank lending space and in the global capital markets. The practice group also has experience of structuring Islamic investment funds, and is a market pioneer of sorts in the areas of Islamic fintech and blockchain. Headed by the 'very experiencedAbradat Kamalpour, the team has been increasingly involved in assisting conventional financing bodies with the development and implementation of Islamic structures as a method of diversification. In addition, the firm's Saudi Arabian association has been invaluable in securing high-value project finance mandates.

Leading individuals

Testimonials

Experts in more than just ad hoc real estate transactions; the team is well known for issuing Islamic bonds and structuring novel shari’ah-compliant financial products.

Varied and wide-ranging experience, with a unique understanding of the Islamic finance market.

Key clients

Savills Investment Management

Goldman Sachs

Credit Suisse

Fortress Investments

Abu Dhabi Islamic Bank

Tokeny Lux

JP Morgan

Bank of America Merrill Lynch

Saray Capital

EFG Hermes

Oil and gas Tier 1

Ashurst's oil and gas practice is trusted by supermajors, smaller IOCs, NOCs, service providers, banks and national governments to handle the full gamut of matters, including midstream and upstream M&A, alternative financing, LNG import agreements and high-stakes dispute resolution. Michael Burns co-heads the global practice and is based in London with financing expert Huw Thomas and the highly recommended Julia Derrick. Senior associate Quentin Robinson recently acted on significant project development mandates in Africa.

Testimonials

‘Ashurst has the capacity, team spirit and the firepower to get complex deals over the finish line within very challenging time periods’

‘The oil and gas practitioners at Ashurst proactively progress a transaction with many tasks being carried out in the background, making life for an in-house lawyer much easier.’

‘This team is synonymous with low ego excellence.’

‘Quentin Robinson always meets required timelines, and is reliable, professional and friendly.’

‘Quentin Robinson provides timely, accessible and practical advice in a straightforward and always affable manner. He is razor sharp and incredibly diligent and hardworking.’

‘Michael Burns is not only an excellent lawyer but also very commercially minded. He provides great value-added across the whole transaction, spotting issues that one normally would not expect from a lawyer. In negotiations, Michael is extremely versatile and able to adapt to different situations and to deal with challenging counterparts.’

‘One of Michael’s main strengths is his ability to build and manage cross-functional teams seamlessly.’

‘Michael Burns is a very pragmatic lawyer – a direct communicator who is easy to work with. He is a very outcome-focused practitioner and his commercial sharpness and manner make transactions run smoothly.’

‘Huw Thomas is a go-to on the financing side and Julia Derrick for oil and gas transactions. They are both easy to work with, efficient, knowledgeable and team up well with other disciplines which may be relevant.’

Key clients

BP

Sasol

OMV

EnQuest

Kuwait Petroleum Corporation

Total

Siccar Point

Gunvor Group

Woodside

Petronas

Power (including electricity, nuclear and renewables) Tier 1

The team at Ashurst advises on the development, financing, operation, acquisition and privatisation of power and renewables projects worldwide, including conventional power, nuclear, onshore and offshore wind and solar, as well as hydroelectric, tidal and geothermal projects. Recent highlights have included Antony Skinner's team advising on the £207m restructuring and refinancing of Allington EfW facility in Kent and the Eastcroft EfW facility on behalf of FCC Environment as sponsor. As an example of its interaction with the recent influx of Asian investment into the industry, the firm advised Octopus on the disposal of its portfolio of 15 PV assets, a deal funded by Korea Investment & Securities. Global utilities head David Wadham, who is now based in Japan, is praised for his 'commercial acumen'. Tom Duncan joined from Mayer Brown International LLP to strengthen the dispute resolution facet of the practice, while project finance expert Simon Moore arrived from Simmons & Simmons .

Leading individuals

Testimonials

‘Ashurst provides excellent expertise, drive and service delivery in reviewing project and financing agreements and advising lenders.’

‘The team is practical and pragmatic: its experts don’t complicate things and have a good understanding of commercial matters and the key driving factors behind them which underpins their solid guidance and high quality advice to lenders.’

‘Ashurst is known for its combination of all the components required to support a complex industrial development.’

‘David Wadham has excellent commercial acumen and delivers sound and pragmatic advice at very short notice.’

‘David Wadham offers specialist knowledge and extensive expertise in the power market internationally. His detailed insights on precedents combined with commercial acumen enable him to come up with a pragmatic and balanced approach to solve issues and keep the process moving. He is very analytical and provides compelling guidance and high quality advice to his clients. He is always responsive and able to fully grasp any concern of the clients and proposes adequate ways of mitigating them.’

‘The firm’s strength is based on sufficient knowledge and abundant experiences in the sector.’

‘Tara Waters coordinates and follows all processes, which is invaluable when it comes to executing a transaction in timely manner.’

Key clients

ACWA Power

FCC

Octopus Investments

JBIC

Green Investment Group

Brockwell Energy

Conrad Energy

Itochu Corporation

Mitsui & Co

Kansai Electric Power Company

Blackrock Global Energy Fund

Private equity: transactions – mid-tier – up to £250m Tier 1

The private equity practice at Ashurst, which handles a broad range of multijurisdictional deals, works closely with the firm's broader finance and investment fund practices to enhance its offering. Key partners include Nick Rainsford and corporate head Jason RadfordDavid Carter leads the practice in London; he recently advised private equity investor EmergeVest on the acqusition of CM Downton, one of the UK's leading logistics groups. Newly promoted partner Braeden Donnelly is also strongly recommended.

Testimonials

The team gets on with what needs to be done without fuss but ensures that you know what is going on and comes to you for input when necessary; because of this approach, their client service is second to none‘.

Nick Rainsford’s calm, measured, yet firm approach, makes him a pleasure to deal with. He takes the time to understand the pressures at play internally and externally‘.

Key clients

Agilitas

Liberty Hall

Dalmore Capital

Sprints Capital

Oakley Capital

Greensill

Altor Equity Partners

CapVest

EmergeVest

MSP Capital

Rail Tier 1

With a 'detailed understanding of the rail sector', Ashurst has 'considerable depth of experience and has good technical legal skills'; and it houses 'some of the top rail specialists in the market'. It advises on a gamut of complex UK and global rail deals; the team handles infrastructure development, projects, rolling stock procurement, financing, franchising, regulatory and commercial mandates. It acts for public sector clients, franchisees, rolling stock and equipment suppliers, and rolling stock financiers. Naomi Horton, who 'always seeks solutions' and Jonathan Turner, who is 'very knowledgeable on the legal and regulatory aspects of the sector', advised KeolisAmey on its successful bid for, and subsequent mobilisation of, the £5bn Wales & Borders franchise, handled infrastructure transfer matters for the Core Valley Lines and advised on the procurement of four new fleets of trains for the franchise. Elsewhere, Terence Van Poortvliet provides 'efficient advice, has good strategic vision and wide experience', while Mark Elsey is 'very proactive and responsive in helping clients understand the commercial and legal nuances of complex project development contracts and structures'. Senior associate Stuart Cottis delivers 'efficient contractual negotiations in complex projects'.

Next Generation Partners

Rising stars

Testimonials

‘Naomi Horton stands out for her creativity and strength in negotiations’.

‘It has very deep industry knowledge’.

‘It impresses with its general technical skills, negotiation skills, clarity and communication’.

‘The team has excellent strength-in-depth’.

‘Its strengths lie in its ability to work well and alongside in-house legal teams’.

‘It uses its skills and experience to provide pragmatic legal and commercial advice’.

‘The team is able to deliver no-nonsense and focused legal and commercial solutions’.

‘Terence Van Poortvliet and Jonathan Turner have an exceptionally proactive, pragmatic and commercial approach’.

‘It provides a seamless service’.

‘The team is experienced in innovative forms of rail franchising and development agreements’.

Key clients

Crossrail

Transport for London (including London Underground, Docklands Light Railway and Rail for London)

National Express

Keolis

Abellio

UK Government

Department for Transport

Mitsui

Alstom Transport

Hitachi Rail Europe

City of Edinburgh Council

BP plc

Virgin Trains

Balfour Beatty Investments

SNCF

Rail Safety and Standards Board

Amey

Angel Trains

NEXI

European Investment Bank

Acquisition finance Tier 2

Benefiting from a 'deep knowledge base and a broad selection of deal and product experience among the partners', Ashurst is well-positioned to pick up a significant volume of deals for its primarily creditor-side client base. Although the firm is less visible in the jumbo cross-border mandates which typically involve a credible high yield offering, it is extremely prominent in mid-market mandates for its traditional roster of banking clients, in addition to credit funds including Hayfin and ICG. The 'very approachable and talentedHelen Burton has excellent visibility among both banking clients and credit funds, and has been at the forefront of the market advising on deals implementing the unitranche product. 'Never afraid to get his hands dirty and do the hard work', Nigel Ward handles conventional leveraged finance transactions as well as infrastructure-related acquisition finance matters.

Leading individuals

Testimonials

A quality acquisition finance practice with some very experienced and detail oriented partners that give you the confidence to handle even the most complex of transactions.

Helen Burton’s work ethic and ability to boil a deal down to three or four key points is very welcome in a busy deal environment.

Nigel Ward has exceptional experience, attention to detail and creative nous.’

Ross Ollerhead is very intelligent with attention to detail – not simply a lawyer that tells you what is precedent, as many are these days in this space.

Laura Ho is a very solid pair of hands with an excellent grasp on the details.

Key clients

RBS

HSBC

Santander

HayFin

RPC

Apollo

Davidson Kempner

ICG

AVEVA Group

BlackRock

Bank lending: investment grade debt and syndicated loans Tier 2

Combining 'high-end market and technical expertise with a friendly and open approach and unparalleled levels of client care', Ashurst provides 'legally robust and practical advice' to a balanced mix of investment grade corporate clients and banks. Praised for his 'technical prowess and pragmatism', Nicholas Moore has an excellent perspective of the investment grade lending market (both bilateral and syndicated) as a result of his involvement in many of the most significant mandates handled by the firm on behalf of both lenders and corporates. Moore recently advised MUFG Bank on the amendment and restatement of The Go-Ahead Group plc's existing multicurrency revolving credit facility, and acted for Tritax EuroBox plc on its €200m multicurrency revolving credit facility (its debut credit facility after its incorporation and listing). As well as advising on general corporate lending mandates, the 'excellentTim Rennie specialises in arranging the financing of public takeovers, including his recent work for Evercore Partners, JP Morgan and Nomura in relation to Takeda Pharmaceutical Company’s £46bn recommended offer for Shire plc. Benefiting from significant lender-side expertise by virtue of several secondments at international banks, senior associate Darren Phelan has a growing reputation across investment grade corporate lending, cross-border transactions and acquisition finance.

Leading individuals

Rising stars

Testimonials

It is the most experienced law firm advising on cash confirmations for UK public M&A transactions, which gives them a unique view on what is market practice, and the ability to provide value-added advice to the financial advisers.

It provides particularly helpful advice on complex financings with multiple currencies, takeouts and hedging requirements.

The team understands the dynamics of high pressure deals and works all hours to give the best service.

The professional and engaging team has an excellent knowledge of the market.

Nicholas Moore is a standout partner by any standards.

The responsive and hardworking Nicholas Moore keeps clients well abreast of developments and how they affect them.

Tim Rennie is happy to get his hands dirty on the detail.

Lee Doyle is exceptional in his client focus and client care.’

Darren Phelan delivers a very high quality work product.

Key clients

RBS

HSBC

Santander

HayFin

RPC

Apollo

Davidson Kempner

ICG

AVEVA Group plc

BlackRock

Banking litigation: investment and retail Tier 2

Ashurst's recent range of disputes includes advising banks on contractual interpretations, follow-on claims after enforcement action, defending senior individuals, and enforcement of major arbitral awards. Other areas covered are enforcement of security following borrower default, film investment schemes, fraud, deceit and conspiracy claims, freezing orders, and issues arising from restructurings and insolvencies. The  team defended Daiwa Capital Markets Europe against a $200m claim in the Supreme Court, which involved allegations of dishonesty and breach of duty. Lynn Dunne has a specialised financial institutions disputes practice that covers banking and contentious regulatory disputes, as well as insolvency and restructuring matters. Also key to the team are James Levy and Edward Sparrow.

Leading individuals

Testimonials

It has a deserved reputation as being one of the City’s more cerebral firms. Clients instruct it on particularly complex and intellectually challenging pieces of litigation.

Jon Gale is a standout partner who always delivers.

Key clients

Daiwa Capital Markets Europe

AlixPartners

Bayern

Fortress

Hayfin

Cerberus Capital Management

Close Brothers Asset Management

Premium Credit

The Royal Bank of Scotland Public Company

Brexit Tier 2

At Ashurst, Helen Burton, Rob Aird and James Perry jointly lead the Brexit task force and specialise in finance, corporate and financial services work respectively. The firm takes a multi-disciplinary approach to Brexit and utilises its global network to assist clients in the UK and beyond. The group has been particularly active in the asset management, energy and transport sectors and acts for corporates, governments, trade bodies and industry associations on the full spectrum of Brexit advice, including contingency planning work, reorganisations and advisory work. Recent matters include advising an international inter-dealer broker on the restructuring of its group and trading models, assisting a financial institution with its cross-border restructuring and providing a retail bank with Brexit contingency planning assistance. Jake Green is noted for his regulatory expertise, James Coiley stands out for his structured finance and derivatives knowledge, and Matthew Saunders focuses on public international law and treaty construction issues. Newly promoted partner Tim Cant is also singled out for his market structure work.

Key clients

Jefferies

Exane

IHS Markit

Construction: contentious Tier 2

Ashurst's contentious team advises on a range of domestic and international disputes in the real estate, energy, transport and infrastructure sectors. The team has recently been boosted by 'fantastic recruit' Tom Duncan, who joined from Mayer Brown International LLP to lead the team. Duncan, who is described as an 'effective strategist', acts for clients across a number of jurisdictions in the Middle East, Africa and Europe. Former managing partner Simon Bromwich, now head of the firm's global dispute resolution practice, brings 'gravitas and experience' to the practice, and specialises in the resources and infrastructure sectors. He also has experience in relation to distressed infrastructure projects.

Leading individuals

Testimonials

‘A pleasure to deal with. They are focused on understanding the needs of the client and working out how best to support in a holistic manner rather than merely concentrating on the immediate issue in front of them.’

‘They listen to what client’s require and tailor advice and reporting accordingly. This is a different, and much more positive, experience than from other law firms.’

‘Ashurst have particular strength in energy related construction disputes and PFI disputes.’

‘They have a great understanding of the commercial and regulatory pressures in the energy sector, with a particular strength being renewables.’

‘Ashurst has a great mix of partners, from the most senior through to more junior partners, and highly quality associates, all with great industry knowledge and understanding.’

‘Good strength and depth of quality associates who are very pleasant and bright and produce high-quality written material.’

‘Simon Bromwich is experienced, pragmatic and a good man to have when gravitas and experience is necessary to calm the CEO.’

‘Tom Duncan is organised and able to provide good advice in a succinct and effective manner, whilst at the same time being all over the detail. An effective strategist who has a good feel for the issues to hand.’

‘Madeleine Pope is a hard working and astute senior associate, who is a pleasure to deal with whilst ensuring that she delivers the strategy and hits deadlines.’

‘Tom Duncan was a fantastic recruit from Mayer Brown.’

‘Joseph Harrington has great commercial and legal judgement and is brilliant at devising and then navigating strategy in complex cases.’

‘Simon Bromwich’s reputation as one of the leading construction dispute lawyers in London is entirely deserved. Clients love his strategic and commercial approach.’

‘Emma Johnson has an excellent grasp of detail, good on strategy.’

‘Alex Beaton is very user friendly.’

‘Simon Bromwich has a strong client base and high-quality work.’

Key clients

Lendlease Construction (Europe)

Balfour Beatty

City of Edinburgh Council

Interserve Construction

Contruction: non-contentious Tier 2

Ashurst's non-contentious offering displays strength across a range of sectors, including transport, infrastructure and energy. The London team is part of the international firm's global group, which has a presence in the Middle East, Europe and the Americas. Ben Patton, Matthew Bool and Michael Smith collectively lead the team. Smith specialises in renewable energy projects, Bool in mixed-use developments and Patton in urban regeneration projects. A notable highlight saw Patton lead a team advising Virgin Media on 'Project Lightning', the delivery of its £3bn network expansion to 3.8 million homes across the UK and Ireland.

Next Generation Partners

Testimonials

‘Ashurst is also an outstanding law firm in this sector with great quality.’

‘Partners are highly skilled, approachable and effective deal doers.’

‘Really impressive law firm giving magic circle quality advice without charging their rates.’

‘Ben Patton has a calm style and is very professional.’

‘Ben Patton has the quality of acting as a really good sounding board for issues and will come up with alternative solutions that achieve a good outcome for our business.’

‘Michael Smith has unrivalled knowledge in construction law.’

‘Chris Whitehouse is an associate to watch as he has great technical knowledge and experience.’

Key clients

Transport for London

HS2

British Land

Invesco

Financial Conduct Authority

China General Nuclear Power Group UK

Brookfield

District 34

Oxford City Council

Balfour Beatty

Debt capital markets Tier 2

Ashurst has a diverse practice that acts for issuers, underwriters, sponsors, lenders, trustees, agents and credit enhancement providers across all areas of debt capital markets. It is best known for advising underwriting banks on corporate investment grade, financial institution and emerging market debt transactions, as well as corporate issuers on Eurobonds. It also handles the treasury and funding activities of global financial institutions, and assists sponsors and underwriting banks with innovative infrastructure transactions. The team also has a strong track record in emerging market debt transactions for corporate and sovereign issuers, and handles new issuance and defaults for corporate trustee and agency institutions. The firm's leading lights include practice head Anna Delgado; emerging market financings specialist Francis Kucera, who handles deals in Eastern Europe and the CIS region; Derwin Jenkinson, who handles complex UK transactions and cross-border European and international financing transactions; corporate trust specialist Malcolm Charles; and up-and-coming partner Alexander Biles, whose broad practice encompasses project bonds, regulatory capital issuances for banks and insurers and liability management transactions.

Next Generation Partners

Key clients

ANZ Bank New Zealand Limited

Aviva

Barclays

Bank of America Merrill Lynch

BP Capital Markets p.l.c.

Credit Suisse

Enquest

HSBC Bank plc

Jefferies

JP Morgan

Morgan Stanley

WM Morrison Supermarkets plc

National Express

Nomura

OneSavings Bank

Renewi

Royal Bank of Scotland

Shawbrook Bank Limited

Societe Generale

Tritax Big Box REIT plc

Derivatives (including commodities) Tier 2

Ashurst has one of the leading derivatives practices in London thanks to its deep bench of recognised specialists in key asset classes. Its broad portfolio of work includes advice on regulatory reform and clearing, hedging transactions, credit derivatives, strategic equity derivatives, repos, securities lending and structured funding, as well as Islamic derivatives, commodity derivatives, prime brokerage and margin loans. Practice head Michael Logie's group handles transactional and advisory work on all major OTC derivative product types affected by new margin rules, and has significant experience assisting clients with regulations such as European Market Infrastructure Regulation (EMIR) and Dodd-Frank. James Coiley is known for his expertise in credit derivatives, repackaging of financial assets, total return swaps and other collateralised funding structures. Jonathan Haines is a leading OTC derivatives specialist acting for major dealers in the market. Newly promoted partners James Knight, who advises banks on the structuring and documentation of complex financing transactions, and Kerion Ball, who has a particular focus on commodity and corporate equity derivatives and bespoke commodity and equity-linked financings, are highly recommended.

Next Generation Partners

Testimonials

“They stick to the brief and provide on-point advice.”

“Kerion Ball is an excellent structured credit lawyer.”

Key clients

Andbank

Aviva Investors

Bank of America Merrill Lynch

Barclays

BBVA

BNP Paribas

Citigroup

Cheyne Capital

Crédit Agricole

Credit Suisse

DE Shaw

Deutsche Bank

Frontier Clearing Corporation BV

Goldman Sachs

HSBC

JP Morgan

Lloyds Bank

Morgan Stanley

National Australia Bank

Natixis

NatWest Markets

Nomura

Norges Bank

Oaktree Capital

Royal Bank of Scotland

Societé Générale

UBS

Insight Investment Management

Dar Group

Chorus Capital Management

Pacific Alliance Group

Equity capital markets – mid-large cap Tier 2

In the face of a sluggish domestic IPO market, Ashurst has kept busy advising on secondary offerings in connection with acquisitions and rescue transactions with distressed issuers. That said, the team was engaged by Tritax EuroBox in one of the last large IPOs to be completed before the market slowdown toward the end of 2018. Historical strengths of the practice group include real estate, real estate funds, and energy and natural resources, and while the team has been recognised for its bank relationships in particular, the team has been increasingly pushing its issuer-side work. The group is headed by Nicholas Holmes, 'a highly respected senior statesman in the London ECM market', while Jennifer Schneck leads the firm's 'strong US securities practice'.

Testimonials

Easily slots in as an extension of the in-house legal team.

A very strong technical team that works seamlessly across its departments.

A very safe pair of hands for distressed issuer transactions.

Very well-trained associates and consistently impressive partners.

Ashurst has developed an extremely strong bank-side practice and has a sound understanding of the inner workings of its investment bank clients.

Key clients

Akur

Alimak Group AB

Atlantis Resources

Atlas Mara

Barclays

Bank of America Merrill Lynch

Berenberg

BNP Paribas

Cambian Group

Canaccord Genuity

Chesnara

Citi

Credit Agricole

Credit Suisse

Damac Properties

Davy

Deutsche Bank

Enquest

Etel Networks

Green REIT

Inflexion Private Equity

Interserve

Jefferies

Johnston Press

JP Morgan

Kempen and Kepler Chevreaux

Kennedy Wilson Europe Real Estate

Lamprell

Liberum Capital

Merlin Entertainments

Morgan Stanley

Nomura

Numis

OneSavings Bank

Oriel Securities

OSB Holdco Limited

Peel Hunt

Renewi

Royal Bank of Scotland

Severfield Rowen

Societe Generale

Softcat

Steifel Nicolaus

Time Out

Tritax EuroBox

Tungsten Corporation

UBS

William Hill

Equity capital markets – small-mid cap Tier 2

In the face of a sluggish domestic IPO market, Ashurst has kept busy advising on secondary offerings in connection with acquisitions and rescue transactions with distressed issuers. That said, the team was engaged by Tritax EuroBox in one of the last large IPOs to be completed before the market slowdown toward the end of 2018. Historical strengths of the practice group include real estate, real estate funds, and energy and natural resources, and while the team has been recognised for its bank relationships in particular, the team has been increasingly pushing its issuer-side work. The group is headed by Nicholas Holmes, 'a highly respected senior statesman in the London ECM market', while Jennifer Schneck leads the firm's 'strong US securities practice'.

Next Generation Partners

Testimonials

Easily slots in as an extension of the in-house legal team.

A very strong technical team that works seamlessly across its departments.

A very safe pair of hands for distressed issuer transactions.

Very well-trained associates and consistently impressive partners.

Ashurst has developed an extremely strong bank-side practice and has a sound understanding of the inner workings of its investment bank clients.

Key clients

Akur

Alimak Group AB

Atlantis Resources

Atlas Mara

Barclays

Bank of America Merrill Lynch

Berenberg

BNP Paribas

Cambian Group

Canaccord Genuity

Chesnara

Citi

Credit Agricole

Credit Suisse

Damac Properties

Davy

Deutsche Bank

Enquest

Etel Networks

Green REIT

Inflexion Private Equity

Interserve

Jefferies

Johnston Press

JP Morgan

Kempen and Kepler Chevreaux

Kennedy Wilson Europe Real Estate

Lamprell

Liberum Capital

Merlin Entertainments

Morgan Stanley

Nomura

Numis

OneSavings Bank

Oriel Securities

OSB Holdco Limited

Peel Hunt

Renewi

Royal Bank of Scotland

Severfield Rowen

Societe Generale

Softcat

Steifel Nicolaus

Time Out

Tritax EuroBox

Tungsten Corporation

UBS

William Hill

EU and competition Tier 2

Representing large corporates at both UK and EU levels, Ashurst fields a strong team working across all competition law disciplines. In addition to  providing advice on high-profile investigations conducted by the CMA and the European Commission, the team also assists clients with investigations carried out by sectoral regulators exercising their concurrent jurisdiction. As evidenced by the department’s work highlights, the group has built particularly strong sector-specific expertise in financial services, but also has experience in pharmaceuticals, technology, retail, and energy. Team members' skillsets are complemented by their ability to draw on the expertise of the firm’s in-house economist group, which is another unique characteristic setting the group apart in the market. Practice co-heads Nigel Parr and Euan Burrows have established a reputation based on solid contentious and non-contentious work. ‘Great leaderDuncan Liddell has been singled out by clients for his work advising companies on investigations alleging anti-competitive behaviour. Ross Mackenzie and counsel Charles Hammon are also recommended.

Testimonials

All team members have an abundance of knowledge in their field of competition law. Discussing clients’ needs is seamless when dealing with any member of the team. They recognise a sense of urgency in a calm manner, and communicate complex issues in an easy-to-understand way that facilitates a more efficient decision-making process

Duncan Liddell is always easy to reach, regardless of his busy schedule; communicating in a direct but polite manner with all parties involved, he provides elegant direction and articulate advice

Ross Mackenzie and counsel Charles Hammon both respond and act quickly, making the effort to understand the specifics of the client’s particular sector and the complexities of the market

Key clients

Intel

Royal Mail

Ryder

Wm Morrison Supermarkets

Arla Foods

Lloyds Banking Group

Liberty House Group

Hargreave Hale

Santander

Virgin Media

Fintech Tier 2

Ashurst's 'proactive and pragmatic' fintech team focuses predominantly on acting for global banks, financial services clients and corporations, but also carries out work for large-scale technology and social media clients in matters spanning open banking, digital payments, crypto exchanges, token-based products, p2p lending, and AI wealth management solutions. The group has a strong track record of advising major banks on the creation and launch of new financial platforms, including online banks and digital SME finance management and lending platforms. In addition, the team advises companies on early and late stage fundraising rounds and major incoming investments. On the regulatory side, the firm advises clients such as banks and trading platforms on FCA compliance and authorisations often relating to MiFID II and the Payment Services Regulation. David Futter specialises in technology procurements and collaborative partnerships in the fintech space, generally concerning the development of digital platform based financial products.

Leading individuals

Testimonials

“The team at Ashurst understand technology in its practical application and have extensive experience of working with technology start-ups and the challenges they face.”

“Ashurst’s fintech team have a great combination of technical expertise and  appreciation of the commercial, real world context.”

“The team at Ashurst provide highly responsive support and solutions-focused delivery.”

“David Futter is a very effective negotiator, balancing both technical and commercial requirements.”

“Brad Rice is a fintech specialist who is able to combine in-depth knowledge of a rapidly developing area with sound, commercial advice.”

“Tara Waters is what you want as a lawyer: experience of having worked in the tech sector before becoming a lawyer, and complete engagement with next generation tech and market developments.”

Key clients

BP Oil UK Limited

CCX Holdings Limited

Countrywide PLC

Crypton Digital Assets

DXC Technologies Limited

Goldman Sachs International

JP Morgan Asset Management

Lloyds Banking Group

Nomura

R3 Consortium

Saxo Capital Markets

Santander UK plc

WorldPay Group

Insurance: corporate and regulatory Tier 2

Ashurst's 'exceptional' team revolves around the leadership of 'highly commercial and user friendly' Adam Levitt , a 'real expert in his field'. As co-head of Ashurst's global insurance industry group, his focus lies on corporate transactions for insurance companies and banks; he and his team cover M&A, restructurings, portfolio transfers and insurance-linked securities. The practice has picked up a number of major new clients in recent months, and key recent work has include advising advising European insurance giant Generali on the sale of its entire shareholding in Generali Worldwide Insurance Company and Generali Link to Life Company Consolidation Group. Senior associate Akiko Morioka is also regarded as a 'rising star'.

Leading individuals

Rising stars

Testimonials

‘There seems to be no transaction they can’t cover.’

‘Organised, efficient, proficient and above all they put client and performance delivery first.’

‘Clients want Adam Levitt on their side – he is astute, technically and commercially impressive, strong in negotiation and has the ability to get complex transactions done.’

‘Akiko Morioka is a rising star – she knows her stuff, is organised and gets things done.’

‘Adam Levitt is a real expert in his field. Tons of market knowledge and experience.’

‘Adam Levitt’s team leadership is the standout factor for us in selecting Ashurst’.

Key clients

Aviva

Chesnara

Delta LLoyd

Generali

Gryphon (Guardian Assurance)

Global Aerospace

Hannover Re

Hawthorne Life

Ing Bank N.V.

J.P. Morgan Asset Management

Lloyds Bank Plc

MetLife

Pacific Life

Pension Insurance Corporation (PIC)

Punter Southall Group

RGA

Swiss Re

UIA Insurance

Mining and minerals Tier 2

Ashurst's mining experts are particularly known for their work on M&A and fundraising mandates, African project development, as well as advice to companies in the mid-tier/junior sector. The multi-disciplinary group is led by Yann Alix, who works for an enviable client roster active in Francophone Africa as well as Europe, Latin America and Central Asia. Matthew Wood recently joined the team as head of the African project finance sub-team from White & Case LLP's Abu Dhabi office.

Leading individuals

Key clients

Managem

Newcrest Mining

Vedanta

Rio Tinto

Rusal

Sirius Minerals

Iluka Resources

Anglo American

Kansanshi Mining

Planning Tier 2

Under the leadership of the highly-praised practice head Trevor Goode, Ashurst’s planning team undertakes some of the highest value and complex housing-led development projects on the market, including a suite of garden village proposals throughout the UK. A diverse roster of public and private sector clients instruct the team to advise on build-to-rent schemes, CPO applications, social housing regeneration, Transport and Works Act orders, and major urban mixed-use regeneration programmes. Owing to its close interface with the corporate team, the practice often advises high-profile commercial clients on significant NSIPs and acquisitions in the energy sector (including offshore windfarms). Retail-led planning advice is evidenced by the firm’s retention of Westfield to the client roster. The team also fields experience in complex issues surrounding tall buildings, heritage sites and build-to-rent schemes. Highly praised senior associates Charlie Reid and Ben Groves provide solid support on the full range of issues.

Leading individuals

Testimonials

Provides a wonderful combination of strategy and attention to detail.’

Trevor Goode stands out as a leader in his field.  He listens and challenges appropriately before imparting his sage advice in his own inimitable style.’

Trevor Good is a deep thinker, patient, approachable and understands his client’s modus operandi.’

Ben Groves has a clarity of thinking and is accessible, responsive, committed and approachable.’

Brian Cheung pays clinical attention to detail and is responsive and solid.’

Trevor Goode is a brilliant strategist; calm, rational and sensible.’

Charlie Reid is a details man with an astonishingly impressive grasp of every nuance.’

Ben Groves is diligent, thorough and hard working.’

Trevor Goode and Charles Reid are very responsive and demonstrate the values of the company very closely. They work tirelessly to offer a great service.’

Key clients

Berkeley Homes

Lendlease

Crossrail/Transport for London

Grosvenor

Qatari Diar

Greater London Authority

Old Oak and Park Royal Development Corporation

Guildford Borough Council

Westfield

BAE Systems

Greenland

Invesco

Worcester County Council

Oxford West End Developments (OXWED)

Telford Homes

Countryside Properties

Property finance Tier 2

Ashurst is noted for its strength in complex development finance and cross-border matters, as well as real estate capital markets transactions, hybrid financing and debt-on-debt work, particularly financing pan-European non-performing loan (NPL) portfolio acquisitions. The firm has also been active advising on transactions involving Korean investment into the European property market. Clients include a range of lenders and borrowers. The practice is led by the ‘brilliant‘ and ‘frighteningly cleverRuth Harris; Sarah Watkinson, who has a strong reputation for loan portfolio deals; and Jessica Jenner, whose expertise includes advising sponsors on the acquisition of and investment in ‘trophy’ real estate assets.

Leading individuals

Next Generation Partners

Key clients

Barings Asset Management

Oxford Properties

Patrizia

Samsung

Deutsche Pfandbriefbank

KB Securities

M&G

Santander

Aviva

EQT

Property litigation Tier 2

Noted for its 'long history of providing first-rate advice', Ashurst's 'strong' team led by 'remarkably sharp mind' Alison Hardy, who is rated as 'being very commercial in her approach and extremely user-friendly', handles a broad range of property litigation for an equally broad client base including technology companies, corporate occupiers and property companies as well as investment funds, commercial landlords, occupational tenants, retailers and banks. Its offering includes assistance with dilapidation claims, rights of light issues, break options, restrictive covenants and insolvency-related matters alongside telecoms sector work and disputes arising form the interpretation of contractual documents and agreement terminations. Iain Travers retired from the partnership in August 2018 and now acts as mediator.

Testimonials

‘Alison Hardy knows her stuff.’

‘Alison Hardy is simply fantastic. She is tremendously thorough in her preparation and her clients feel very well cared for, particularly through her clear analysis and simplification of complex issues.’

‘Great team approach.’

‘Nothing is too much trouble for them.’

Key clients

IBM United Kingdom

The Berkeley Group

Urban & Civic

H&M Hennes & Mauritz UK

Mapeley STEPS

Transport for London/ Crossrail

BAE Systems

Hudson Advisors

Norges Bank

Great Portland Estates

Tax litigation and investigations Tier 2

Ashurst has a well-regarded tax disputes team that is described by one client as  'gold standard' and 'faultless'. The firm has particular strength in contentious VAT matters, as well as a dedicated state aid contentious tax offering, which represents a variety of multinationals and governments on EU-related matters. Partner and chartered tax adviser Nicholas Gardner heads the overall team and is supported by financial services tax expert Paul Miller and Alexander Cox, who has experience handling both direct and indirect tax disputes.

Testimonials

The gold standard tax litigation practice; the team is, quite literally, faultless

Nick Gardner has outstanding knowledge and is incredibly easy to work with. He is the perfect bridge between the bar and the lay client

The specialist teams are very high quality, know their stuff and communicate well internally to ensure the wider team is up to speed and delivers joined-up solutions for clients

Key clients

Hastings Insurance Services

The legacy Gala Coral companies

Ocean Finance

VAT and indirect tax Tier 2

The team at Ashurst advises clients in the finance, corporate and property sectors on strategic and transactional VAT and SDLT, assisting with joint ventures, developments and on- and off-shore real estate funds, investing in both the UK and across Europe. It is also instructed in a variety of precedent-setting VAT, state aid and customs duty disputes. Practice head Simon Swann specialises in real estate tax,  Alexander Cox is a veteran of the funds market and Tim Gummer, who is also a chartered tax adviser, focuses on real estate and oil and gas taxation.

Leading individuals

Next Generation Partners

Testimonials

Simon Swann is leading authority on real estate tax; Tim Gummer is a future star; Alexander Cox is technically excellent.

Impressive level of property tax expertise, quality of work received and issued tax briefings.

Strong technical knowledge, diligent, responsive and considered advice provided.

Key clients

Oxford Properties

Invesco Real Estate

Viacom

Lendlease

Balfour Beatty

Grosvenor

Commercial contracts Tier 3

The 'extremely responsive, nimble and creativeAshurst focuses on commercial contracts within the digital economy, specialising in compliant data use and exploiting new enabling technology and connectivity. The firm is also experienced in complex procurement and outsourcing transactions. The 'brilliant and practical' Nick Elverston co-leads the team with the 'very astute' Christopher Bates, who has expertise in strategic projects and procurements for the medium to long term and is increasingly active in advising on partnering agreements and relationships with third parties as a means to further their digital agendas. The team advised Prudential in a project to retender two substantial outsourced service areas - facilities management and catering - each through competitive tender. Both procurements were undertaken in respect of Prudential's entire property portfolio across the UK.

Leading individuals

Testimonials

‘Ashurst has a deep understanding of telecoms in Europe and Africa and, importantly, of the market context in the region’ 

Ashurst is familiar with the technical aspects of projects, coupled with a pragmatic approach to negotiating and concluding transactions with the minimum of fuss’

Ashurst works extremely hard, goes through all the details and provides robust support’

‘The team is considerate throughout’

‘The team has excellent communication skills, quickly establishes the client’s requirements and is able to deliver output in a timely and accurate manner’

‘The Ashurst team is both very responsive and very knowledgeable’

‘Their assistance was invaluable to negotiate a significantly complex contract in the required timeframes’

‘Nick Elverston can quickly cut through complex issues to deliver excellent outcomes. He is very well known in the industry and deserves the reverence shown to him by all’

‘Christopher Bates is smart and commercial. He provides hands-on commercial advice that is solution focused to deliver what the business needs in an efficient manner’

‘Christopher Bates is particularly excellent at reading a room and managing difficult interactions’

‘Christopher Bates takes time to understand the business. He is able to translate technical industry detail into legal documentation efficiently and accurately’

Key clients

Prudential PLC

Virgin Media

State Street Bank & Trust Co

Sopra Steria Limited

DXC Technology

Frontera Consulting Inc

Wm Morrison Supermarkets plc

BP plc

China General Nuclear Power Corporation

McLaren Automotive

National Express Group

Babcock International Group PLC

Goldman Sachs

BAI Communications

Commercial litigation Tier 3

Ashurst has a 'consistently excellent team of dispute lawyers, with  a hands-on approach from partners, supported by a first-class team of associates'. The practice regularly manages commercial agreement disputes, while growth areas include follow-on damages claims, data litigation, procurement cases, judicial review and corporate investigations. Head of the firm's global dispute resolution practice Simon Bromwich specialises in the resources and infrastructure sector, with a particular emphasis on construction disputes; London dispute resolution department leader James Levy's practice covers complex, high-value disputes for corporations and financial institutions; while Jon Gale specialises in high-profile and complex commercial and regulatory disputes, particularly in the digital economy, transport and financial services sectors. Former counsel Jessica Neuberger left for Eversheds Sutherland (International) LLP , while the highly regarded Edward Sparrow is now a consultant and chairman of the City of London Law Society.

Leading individuals

Testimonials

The Ashurst team is extraordinarily pragmatic and commercial in its approach and quickly able to grasp the concerns, risks, objectives and motivation of a business very early in the dispute process.’

James Levy, Jon Gale and Simon Bromwich get thoroughly into the details of their cases, give very sound advice to their clients, and defend their interests with impressive vigour and determination‘.

Key clients

Ryder

BAE Systems

London Underground

Lendlease

Al Dawlia

Urban & Civic Developments

Mapeley

Regent University

Commercial property: retail Tier 3

At Ashurst, the firm's bench of real estate lawyers are ‘extremely adept at tackling complex issues’ and display an ‘unrivalled attitude to supporting their clients’. On the development side, the team is active in the logistics, build-to-rent and private rented sectors and demonstrates prowess on urban regeneration and major development schemes. Investor clients span Europe, the Middle East, Australia, North America and Asia, particularly South Korea, Japan, China and Singapore, and entrust the group to handle the full range of asset management and cross-border investments. The team represents both corporate and government occupiers on the leasing of industrial, retail and headquarter buildings and also supports a number of household retailers on the full range of real estate matters, including planning and construction. The group notably continues to advise Westfield on phase 2 of the Westfield London development project in White City, which is extending the shopping centre by over 500,000 sq ft. David Jones is a ‘stand out’ in the investment field and tailors his practice towards international real estate M&A and joint ventures, while Hugh Lumby is another recommended name. Recently promoted partner Tim Regis is recommended for regeneration schemes and joint ventures while 'tenacious and attentive' senior associate Julie Connolly is also well-regarded.

Testimonials

‘The team has deep and incredibly insightful experience of highly complicated deals.’

‘The working relationships between infrastructure, planning and commercial real estate partners is personal and collaborative in a way that delivers frictionless and excellent advice.’

‘Highly knowledgeable and specialised in their field. Very accessible and consistently provide a high service and results regarding of the situation and problems encountered’.

‘Very versatile and pragmatic in their approach. Always willing and able to overcome issues that with other firms can derail a deal’.

‘Jamie Chapman and Henry Moss have between them a depth of legal and commercial expertise in real estate generally’

‘Ashurst are extremely adept at tackling complex issues and identifying solutions in a clear, concise and professional manner. They have a broad range of expertise which makes them first choice for the most complex deals’.

‘Donna Fleming stands out. She is an excellent negotiator, and understands the value of building excellent working relationships with the other side’s counsel during deals. Her tenacity and commitment to get the deal done, in the right manner, on the right terms for her clients, and in the demanding timeframes, is exceptional’.

‘What sets this practice apart from others we deal with is their attentiveness and unbridled commitment and persistence to seeing a transaction through to completion’.

‘Jamie Chapman and Julie Connolly are most highly regarded given their tenacity and attentiveness and unbridled and persistence and commitment to seeing a transaction through to completion’.

‘Henry Moss navigates complex legal and commercial points and discussions well. Good understanding of the real estate industry and where potential pitfalls can lie.’

‘The Ashurst team is unquestionably different to other real estate legal teams in other firms. They have an unrivalled attitude to supporting their clients and have the expertise across the real estate practice to deliver. The property law, tax and structuring and real estate debt advisory teams all work seamlessly together and the result is excellence’.

‘All members of the Ashurst team excel in putting their finger on the issues in a real estate transaction and they guide their clients to a solution that will work for them and the other party on the opposite side of the deal’.

Key clients

Westfield

Stanhope

H&M

Oxford West End Developments Ltd (OXWED)

Oxford Properties

Lendlease

The Berkeley Group

Hines

Invesco Real Estate

Balfour Beatty

Transport for London

Kennedy Wilson

Kildare

British Land

Commodities disputes Tier 3

Ashurst has a global practice that encompasses lawyers in London, Frankfurt, Dubai, Hong Kong, China, Singapore, Australia and the US who have expertise in physical commodities and commodity derivatives trading and financing. Dispute resolution is a key element of this practice, which acts for producers, traders and investment banks. In London, the team handles contentious matters arising from commodities trading, structured finance transactions, project and acquisition financings, and M&A deals in the energy sector. Key to this practice is work for investment banks and trading houses on bespoke, long-term physical trading arrangements, which can also lead to litigation or arbitration. Oil and gas expert Philip Thomson leads the practice and specialises in the development and financing of LNG plants, pipelines and petrochemical facilities, as well as commodity trading transactions.

Competition litigation Tier 3

Ashurst acts for both claimants and defendants in national and international courts in the UK and across Europe. The team handles a large volume of Article 101 of the Treaty on the Functioning of the European Union (TFEU) matters, which prohibits cartels, and advises clients on multiple issues in the trucks, automotive, pharmaceutical and financial sectors, among others. The group is also adept at advising on abuse of dominance proceedings under Article 102 TFEU, with a team led by Nigel Parr acting for Intel on an abuse of dominance case at the EU General Court. Euan Burrows heads the department, where Duncan Liddell is also a key figure.

Leading individuals

Key clients

Intel

Royal Mail

Pirelli

Virgin Media

Corporate restructuring & insolvency Tier 3

Leveraging the firm's broader financing capability, which is well plugged into the traditional banking and alternative lending ecosystem, and also benefiting from a 'strong core breadth of technical knowledge', Ashurst is well-placed to handle work for an impressive range of creditor and debtor stakeholders. Team head Giles Boothman has a 'tremendous depth and breadth of knowledge', and as well as work for debtors on domestic and cross-border mandates (including recently for Interserve and Johnson Press on their respective restructurings), is also particularly active for US-based funds in loan-to-own distressed acquisitions. The 'superbOlga Galazoula is pivotal to the firm's work for funds looking at distressed investment opportunities in southern Europe and has been particularly active on the buy side for funds seeking to acquire Greek NPLs.

Leading individuals

Next Generation Partners

Testimonials

‘The breadth of technical knowledge is very strong, from senior partners to newly qualified associates.’

‘The team is able to leverage from its associate pool to be able to tackle large-scale tasks, whilst offering high level commercial and legal oversight.’

‘Giles Boothman commands respect in the boardroom and has the experience and leadership to deliver top quality advice.’

‘For NPL transactions in Greece think of Olga Galazoula.’

‘Ru-Woei Foong is extremely sharp, versatile and always on point.’

 

 

Key clients

Bank of Cyprus

Apollo

M&G Investment/Prudential

Cerberus

Kildare

GSO Capital/Blackstone

David Kempner

Fortress

Centerbridge

Oaktree Capital

Corporate tax Tier 3

Ashurst's team combines tax generalists with sector-specific expertise to offer clients a strong service on both domestic and international tax issues. The department is led by Alexander Cox, who focuses on funds and M&A; Paul Miller is noted for financings and restructurings; Simon Swann is a real estate tax expert; and Nicholas Gardner advises on taxes related to energy and infrastructure, as well as general corporate tax.

Leading individuals

Testimonials

The team is user-friendly and has deep-rooted knowledge of all taxes impacting the property sector

Good client management skills

Nicholas Gardner provides high quality advice, precisely identifying key issues. He has a strong industry background and delivers efficiently within the wider project programme

 

Key clients

Lendlease

Mirae Asset Global Investment

The Valesco Group

Samsung SRA Asset Management

Savills Investment Management

Aviva Investors

Employee share schemes Tier 3

Ashurst specialises in advising on the incentives aspects of complex corporate transactions across multiple industries and jurisdictions, as well as acting for plc clients on issues relating to remuneration concerns. The firm is also experienced in preparing clients for remuneration governance changes. Senior consultant Nicholas Stretch joined from CMS in 2019 and leads the practice. He advises on the incentives aspects of corporate transactions as well as on the design and implementation of incentive arrangements for executives and employees. His team advised oil and gas exploration and production company Serica Energy plc on its acquisition of BP's interests in various North Sea oilfields and associated infrastructure.

Leading individuals

Key clients

Ladbrokes Coral Group PLC

AVEVA Group plc

Johnston Press plc

Care Tech Holdings Plc

Serica Energy plc

BGC Partners, Inc.

Volcan Investments Limited

EnQuest plc

Cardtronics plc

Environment Tier 3

Ashurst advises clients active in the defence, energy, infrastructure, waste and chemical sectors, and is experienced in advising on the acquisition of power plants. The team regularly assists with environmental approval strategies, investigations, due diligence and compliance-related issues. Other areas of expertise include the drafting of environmental reports regarding the construction and purchase of infrastructural sites, and counsel Eleanor Reeves regularly advises on environmental and safety regulatory regimes.

Testimonials

Ashurst has a tremendous knowledge base in the environmental field. The team operates to very high standards and with great attention to detail whilst at the same time being very approachable and attentive

The practice takes care to understand the client’s needs and to build a client relationship that ensures a full understanding of the issues the client is facing. The team manages to create an environment of trust and a feeling of being in the best hands

Key clients

BAE

Atlantis Resources

Virgin Media

Westfield

Foresight

Lendlease

OMV

CGN

Grundon

Interserve

Financial services: contentious Tier 3

Known for its international strength and broad practice, Ashurst is able to cover a full remit of contentious and non-contentious advice for financial services clients. Jake Green , who advised Goldman Sachs on the launch of its first online retail bank, Marcus by Goldman Sachs, co-leads the non-contentious regulatory team alongside  James Perry . The practice also includes Tim Cant, who has expertise in providing financial services regulatory advice to a range of investment managers, trading venues, njmiujand banks; and counsel Lorraine Johnston, who specialises in aspects of financial regulation related to the fintech and regtech spaces. Tom Connor leads the contentious arm of the group and focuses on internal and regulatory investigations for financial services clients. His department has particular experience in market abuse and competition law matters and includes David Capps, who handles financial regulatory enforcement matters and internal investigations, as well as banking and finance-related disputes. The highly regarded  Edward Sparrow , who is chairman of the City of London Law Society, retired as partner in 2018 but retains a senior consultant role at the firm.

Leading individuals

Key clients

Hargreave Hale Limited

Linear Investments Limited

Financial services: non-contentious/regulatory Tier 3

Known for its international strength and broad practice, Ashurst is able to cover a full remit of contentious and non-contentious advice for financial services clients. Jake Green , who advised Goldman Sachs on the launch of its first online retail bank, Marcus by Goldman Sachs, co-leads the non-contentious regulatory team alongside  James Perry . The practice also includes Tim Cant, who has expertise in providing financial services regulatory advice to a range of investment managers, trading venues, njmiujand banks; and counsel Lorraine Johnston, who specialises in aspects of financial regulation related to the fintech and regtech spaces. Tom Connor leads the contentious arm of the group and focuses on internal and regulatory investigations for financial services clients. His department has particular experience in market abuse and competition law matters and includes David Capps, who handles financial regulatory enforcement matters and internal investigations, as well as banking and finance-related disputes. The highly regarded  Edward Sparrow , who is chairman of the City of London Law Society, retired as partner in 2018 but retains a senior consultant role at the firm.

Next Generation Partners

Rising stars

Testimonials

‘Ashurst has broad technical and market knowledge throughout the team’

‘A very client-oriented firm’

‘Tim Cant has strong technical and market knowledge and looks to understand the client’s needs holistically’

‘Jake Green is highly responsive and extremely commercial’

Key clients

Goldman Sachs (Marcus)

Wells Fargo

OakTree

Oak Hill Advisors

Cantor Fitzgerald Europe

Royal Bank of Canada

Saxo Bank

BCG Brokers

Plus 500 UK Ltd

OANDA Global Corporation

Numis

Liquidnet Holdings Inc

Shard

NEX Group Inc

Forex Capital Markets Limited

Bank Polska Kasa Opieki Spolka Akcyjna

GAIN Capital Holdings

High yield Tier 3

Ashurst joins the ranking having established its high yield practice with practice head Anna-Marie Slot now headquartered in London, while also working through the firm's Hong Kong office. The practice handles the full range of high yield transactions from new issuance stage through to liability management and refinancings, as well as leveraged transactions including bridge to bond facilities and Term Loan B deals. The focus is on supporting its clients in the EMEA region, particularly in key sectors such as oil and gas or renewable energy, and works closely with the firm's corporate and restructuring groups. It acts for financial institutions including Barclays, Credit Suisse and Morgan Stanley, as well as corporate and private-equity entities such as EnQuest and Johnstone Press. Tamer Bahgat and  leveraged finance specialist Natalia Sokolova are also driving the development of the practice.

Key clients

Barclays

JP Morgan

Credit Suisse

Morgan Stanley

Goldman Sachs

Nomura

Deutsche Bank

BNP

Johnston Press

Interserve

EnQuest

Aurum

International arbitration Tier 3

Ashurst 'has an incredibly strong international arbitration team that is a trusted adviser for clients'. It was recently active in disputes involving energy and resources, construction and engineering, the financial sector and investment treaty issues, as well as ad hoc and institutional arbitrations in Scandinavia and Africa-related matters. Matthew Saunders heads both the global and London arbitration groups; Tom Cummins, Dyfan Owen and Tim Reid are also highly rated, and Myfanwy Wood is a key senior associate. Tom Duncan joined from Mayer Brown International LLP, Emma Martin became partner and Amy Cable was promoted to senior associate.

Leading individuals

Next Generation Partners

Rising stars

Testimonials

It has particularly strong expertise in energy, including biomass, renewables and oil and gas, and the team fully understands the complicated matrix of commercial pressures in the energy sector‘.

Matthew Saunders is an excellent lawyer and a first-class advocate. He has a particularly good manner in front of non-English arbitrators‘.

Tom Duncan is an outstanding lawyer, with great legal and commercial judgement – clients love his ability to set and navigate a clear strategy to achieve the best possible outcome in commercial and legal terms‘.

Particular standout stars in this extremely strong team include Tom Cummins and Tim Reid‘.

Emma Martin is really great at case strategy‘.

Senior associate Myfanwy Wood is a true powerhouse – clients and counsel alike love her efficiency and ability to focus on the essential elements of a case and drive it forward‘.

Key clients

Tullow Oil

Spanish Egyptian Gas Company

IT and telecoms Tier 3

The digital economy transactions team at Ashurst handles a range of matters relating to digitalisation; its expertise spans strategic commercial transactions, acquisitions and disposals, competition and regulatory matters, data protection work, financings, real estate and tax matters, and contentious issues. Telecoms and communication experts Nick Elverston and Amanda Hale jointly lead the practice alongside technology and outsourcing specialist Christopher BatesDavid Futter is also singled out for his experience advising on fintech transactions.

Leading individuals: Telecoms

Key clients

Asto Digital (part of Santander UK)

Aveva Group

Babcock International Group

BP plc

BRC Global Standards

China General Nuclear Power Corporation

Digital Colony

DXC Technology (formerly Hewlett Packard Enterprises)

Facebook

Amazon

Google

Giffgaff

Goldman Sachs

Grosvenor Limited

HM Government/UK Treasury

Huawei

Hyperoptic

International Financial Data Services

Interserve PLC

Know Your Customer Limited

Lockheed Martin Corporation

National Express

NEX

Nomura Banking Group

NYC Metropolitan Transport Authority, Babcock

O2

Panasonic Avionics

Prudential PLC

QinetiQ

Softcat

Sopra Steria Limited

State Street Bank & Trust Company

Telxius

Virgin Media

Worldpay

Pensions: dispute resolution Tier 3

The pensions offering at Ashurst, led by John Gordon, is tailored to assist the firm’s household-name commercial clients on all pensions-specific corporate transactions. Recent mandates for the team have included restructuring and insolvency exercises, refinancing arrangements, scheme mergers, insurance derisking exercises and corporate acquisitions. The practice also advises on scheme closures, funding and investment arrangements, automatic enrollment compliance, contractual issues and indexing issues.

Testimonials

A team with a very commercial outlook

A breadth of knowledge across multiple areas

John Gordon is excellent; he has a full grasp on the details, but also the commercial big picture

Private funds Tier 3

Ashurst 'strikes the perfect balance between representing fund managers as clients while maintaining an excellent dialogue with investors and making them feel comfortable'. Private equity, debt and credit, infrastructure and real estate funds all lie within the scope of the practice, which receives additional support from the firm's specialist tax and regulatory teams. Besides handling core fund formation mandates, the group also offers services in tax structuring, commercial negotiations, advisory and secondary transactions. Practice head Piers Warburton  assists clients with private equity, private debt and sector specific funds. Also recommended is Nick Goddard, whose practice extends to carried interest and co-investment work.

Leading individuals

Testimonials

Ashurst’s fund formation team is incredibly strong, reliable and easy to work with. They not only deliver high-quality results, but are also extremely good at easing the work load burden for in-house fundraising teams by adopting a highly structured approach‘.

Ashurst is able to thoroughly understand the broader commercial strategies being pursued and advise accordingly; the team is highly practical‘.

Nick Goddard always makes himself available and understands our goals.’

Piers Warburton is a humble fundraising superstar. He stands out thanks to his ability to fulfil his clients’ wishes while ensuring our investors feel satisfied with the structure and terms of their investment.’

Key clients

Intermediate Capital Group

Altor

Shard Credit Partners

CapMan

Equitix

Sprints Capital

Inflexion Private Equity

Platina Partners

Oaktree Capital

Rothschild Merchant Bank

Real estate funds Tier 3

The investment funds team at Ashurst can handle both listed and unlisted real estate funds work spanning most of the fund life cycle from fund formation, tax structuring and commercial negotiations to carried interest and co-investment schemes, secondary transactions and management spin-outs. The arrival of real estate fund specialist Nicola Hopkins from Bryan Cave Leighton Paisner LLP in January 2019 has significantly bolstered the offering. Furthermore, the firm opened a Luxembourg office in October 2018 with new partner hires in the areas of funds, tax and regulatory. It is now better placed to provide a robust cross-practice service on matters involving Luxembourg vehicles. Piers Warburton and David Jones lead the London offering together.

Key clients

Aviva Investors

Knight Frank Investment Management

CapMan

Bywater Properties

Equitix

Foresight

Tritax

Oxford Properties

Jefferies International

Akur Limited

Platina Partners

Intermediate Capital Group

Regulatory investigations and corporate crime Tier 3

Ashurst is able to offer global international advice on matters including anti-bribery, corruption, financial irregularities, fraud, money laundering, sanctions, regulatory and criminal processes. Its clients include national and international corporates from sectors such as energy, infrastructure, defence and life sciences, as well as financial institutions. The firm often acts for companies caught up in investigations by bodies such as the FCA, SFO and NCA. Key practitioner David Capps focuses on internal and regulatory investigations.

Structured products and securitisation Tier 3

Ashurst joins the ranking having invested heavily in launching its UK securitisation practice. Head of securitisation Jonathan Walsh joined from Baker McKenzie in 2018 along with partner Thomas Picton from Clifford Chance LLP, to boost the firm's structured finance capability. 'Veteran securitisation expert' Walsh has more than 30 years' experience in asset-backed securities transactions for conduit sponsors, originators, lead managers and trustees. Picton acts for banks, mortgage lenders, auto finance companies, asset managers and private equity firms in the core areas of RMBS and auto ABS. The firm's work also encompasses trade receivables transactions, covered bonds, and fintech securitisations, CMBS, Islamic structures and bespoke derivatives. The group also works closely with the firm's international portfolio transaction practice in respect of portfolio acquisitions and subsequent securitisations of acquired assets. Jasmine Tiw is recognised as a leading specialist in structured products.

Leading individuals

Next Generation Partners

Testimonials

“The firm has an extremely knowledgeable, commercially-minded securitisation team.”

“Jonathan Walsh is one of the legends of the European ABS market, with a plethora of knowledge and experience.”

“Jonathan Walsh is probably the most experienced lawyer for trade receivables securitisation. Not only knowledgeable, he is very much solutions-oriented.”

“Jonathan Walsh has exceptional market knowledge, goes above and beyond in transactions and is always very responsive. He works hard to get deals across the line and is a pleasure to deal with. It is thoroughly enjoyable working with him and his team.”

“The practice has great partner coverage when needed. Tom Picton always finds a pragmatic solution, even if it challenges the status quo.”

Key clients

Banco Santander

Santander UK plc

Shawbrook Bank

Aldermore Bank

Lloyds Bank

Bank of America Merrill Lynch

Credit Suisse

Praetura Asset Finance Group Limited

BNP Paribas

JP Morgan

Emerging markets Tier 4

Ashurst is highly regarded for its advice to underwriting banks, corporate issuers and sovereign entities on emerging market debt capital markets transactions. Francis Kucera is the lead partner and has almost 30 years' experience in the international debt markets. In 2018, he handled the  €500m notes issue by the State of Montenegro on behalf of managers of Deutsche Bank AG, Erste Group Bank AG and Société Générale. The firm is also active in the reserve-based lending market. He also advising Banca IMI, BNP Paribas, JP Morgan and Raifeissen Bank International on a €200m notes issue by Hungarian company Nitrogenmuvek Zrt.

Fraud: civil Tier 4

Ashurst advises clients on a range of civil fraud matters including asset recovery, interlocutory applications for freezing orders, search and seizure orders, delivery-up orders and third party disclosure orders. Clients include multinational corporates, financial institutions and government entities. Angela Pearson heads the team.

M&A: upper mid-market and premium deals, £500m+ Tier 4

Ashurst advises FTSE-ranked corporates on domestic and cross-border M&A, with particular sector expertise across infrastructure, energy, banking and finance, technology and retail.  The Anglo-Australian firm's City M&A team also works closely with the technology and real estate groups. It has a particular emphasis on advising financial sponsors and investment banks on M&A matters, taking this role on many high profile mandates, including advising Deutsche Bank as lead financial adviser to 21st Century Fox on its proposed acquisition of Sky. Head of the corporate transactions team, the 'standout' Karen Davies is an expert in corporate finance, and has advised a number of financial sponsors over the past year. The equally 'excellent' Tom Mercer is noted for his strong track record in public company takeovers, and is able to advise across a broad range of sectors, with media, oil and gas and pharmaceuticals particular examples from the past year. Veteran corporate partner Adrian Clark retired from the partnership. Jason Radford  heads the firm's global corporate practice.

Leading individuals

Testimonials

Very responsive and commercial

Tom Mercer is excellent. Very client focused, commercial and he never patronizes.’

Karen Davies is really standout, a top lawyer

Key clients

Arla Foods

Babcock International Group

Bank of America Merrill Lynch

Barclays UK Ventures

CareTech Holdings

Citi

Credit Suisse

Deutsche Bank

Goldman Sachs

Interserve

Johnston Press / JPI Media

J.P. Morgan

JP Morgan Infrastructure Fund

KKR

Liberty House Group

Morgan Stanley

National Express

Randgold Resources

Rothschild

Royal Bank of Scotland

UBS

Vedanta Resources

Virgin Media

Wells Fargo

Wilko

WM Morrison Supermarkets

Media and entertainment (including media finance) Tier 4

Ashurst's media practice offers a range of expertise which includes providing corporate and financing advice, and it also handles pre-publication, copyright, broadcasting, regulatory, licensing and commercial mandates. The team is adept at handling disputes in the sector and has advised on copyright, defamation and contempt matters. The firm also has a dedicated digital economy group which assists high-profile clients on the development of complex digital strategies.

Pensions (non-contentious) Tier 4

The pensions offering at Ashurst, led by John Gordon, is tailored to assist the firm’s household-name commercial clients on all pensions-specific corporate transactions. Recent mandates for the team have included restructuring and insolvency exercises, refinancing arrangements, scheme mergers, insurance derisking exercises and corporate acquisitions. The practice also advises on scheme closures, funding and investment arrangements, automatic enrollment compliance, contractual issues and indexing issues.

Testimonials

A team with a very commercial outlook

A breadth of knowledge across multiple areas

John Gordon is excellent; he has a full grasp on the details, but also the commercial big picture

Key clients

Interserve

Johnston Press

OMV Aktiengesellschaft

Keolis Amey

West Coast  Trains Limited

Department for Transport

Coca Cola European Partners

Clement Clarke Pension Trustees Limited

The Trustees of the NIAB (1996) Pension Scheme

Rio Tinto

Private equity: transactions – high-value deals (£250m+) Tier 4

Ashurst's global private equity group, which is co-led out of London by David Carter, handles large and complex multijurisdictional transactions, with key sectors including infrastructure, banks and alternative investment funds. The team regularly works in tandem with lawyers in the firm's equity capital markets, banking and finance to provide a more rounded offering. Key partners in the team include Nick Rainsford and global corporate head Jason Radford, who have worked together on some of the practice's biggest recent deals - including advising a consortium led by Dalmore Capital on the £1.5bn acquisition of Cory Riverside Energy - and Karen Davies, who also sits on the firm's board.

Next Generation Partners

Testimonials

The team gets on with what needs to be done without fuss but ensures that you know what is going on and comes to you for input when necessary; because of this approach, their client service is second to none’.

Nick Rainsford’s calm, measured, yet firm approach, makes him a pleasure to deal with. He takes the time to understand the pressures at play internally and externally’.

Key clients

Agilitas

Liberty Hall

Dalmore Capital

Sprints Capital

Oakley Capital

Greensill

Altor Equity Partners

CapVest

EmergeVest

MSP Capital

Professional negligence Tier 4

Ashurst stands out for its 'strong' financial services sector expertise and it is instructed in professional negligence disputes relating to audits, actuarial, funds, major projects, legal and pensions work. Team head James Levy is 'thoughtful and he really knows how to get a team to pull together'. Levy led advice for Daiwa Capital Markets Europe in the defence of a claim for over $200, which involved allegations of dishonesty and breach of duty.

Leading individuals

Testimonials

James Levy is one of the most experienced solicitors for claimant-side audit negligence cases.

 

Key clients

Daiwa Capital Markets

Employment: employers Tier 5

Ashurst's employment team is singled out for its experience advising private equity and asset management clients, as well as subsidiaries of Japanese headquartered companies. The group primarily handles the employment aspects of corporate transactions, while also assisting with employee investigations, multijurisdictional workforce issues and the recategorisation of LLP members as employees. Crowley Woodford heads up the UK and European employment practice and focuses on investigations and board-level appointments and exits; Ruth Buchanan is also noted for her work for private equity clients.

Testimonials

Ashurst is very approachable, responds quickly and appropriately and, in general, offers great support.

Crowley Woodford provides with excellent advice under some quite challenging situations. His knowledge is far reaching and he provides in-depth advice.

Key clients

Caretech

Johnston Press

Arla Foods

Manulife Asset Management (Europe) Limited

IHS Markit

Toshiba

Logicor

Interserve

Tritax Group

Mitsui

Intellectual property Tier 6

The ‘results-oriented’ digital economy team Ashurst is highlighted for its expertise in intellectual property litigation, particularly relating to trade mark and copyright issues, and knowledge of licensing matters, transactional IP work and portfolio management mandates; it also has notable strength in the technology sector. The team was enhanced by the arrivals of the ‘sharp and practicalDavid Wilkinson, who leads the group, and ‘bright and knowledgeable‘ senior associate Don McCombie from Clyde & Co LLP.

Testimonials

David Wilkinson is assembling a top-drawer IP team at Ashurst.

David and team has the depth of experience across the full spectrum of IP to act in the most complex and heavyweight matters.

David Wilkinson is someone you would want in your corner.

Don McCombie is very effective in mediation and in knowing which levers to push and pull so as to achieve the best possible outcome for his client.

Key clients

Tommy Hilfiger

Regent University

Iluka Resources Limited

Assicurazioni Generali SpA

Johnston Press plc

The Big Issue

Ashurst is a leading global law firm with a rich history spanning almost 200 years. The firm has 25 offices in 15 countries, with over 400 partners and a further 1,500 lawyers working across 10 different time zones, we are able to respond to our clients wherever and whenever they need us.

The firm: Clients value Ashurst for being approachable, astute and commercially minded. As a global team it has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects, and delivering outstanding outcomes for clients.

Types of work undertaken: Ashurst operates in all the principal areas of commercial law including:

Corporate: advising clients on public and private M&A, private equity, equity capital markets, joint ventures, prime brokerage, corporate derivatives, regulatory matters, company law and governance, commercial contracts the establishment and management of investment funds.

Competition: advising on competition litigation, merger clearances, joint ventures and technology transfer agreements, access regulation, complex economic regulation issues, rate cases, consumer protection issues and competition law compliance

Tax: advising on all aspects of cross-border work including international buyouts, collective investment schemes, demergers, securitisations and debt trading.

Disputes: offering litigation, international arbitration and alternative dispute resolution expertise on banking, regulatory and finance, class actions commercial, competition, energy, transport and infrastructure, financial regulatory, fraud and corporate crime, international compliance and investigations, product liability, real estate, restructuring and insolvency and technology issues.

Intellectual property: advising on, and developing legal strategies to maximise and protect the commercial potential of brands, ideas and technological advances.

Employment: advising on all aspects of workplace relations, including incentives, pensions, discrimination, boardroom appointments and departures and executive remuneration and benefits and corporate governance issues.

Technology: advising on all aspects of work in communications and media, technology, intellectual property, data protection and freedom of information, broadcasting and media, betting and gaming and outsourcing.

Energy and resources: advising on all aspects of work in the energy and resources sector including mergers, acquisitions and corporate finance, greenfield projects, brownfield projects, project and acquisition financing, international law, environmental law and approvals, joint ventures, equity capital markets, reserve based lending, land and resource access, project development, EPC contracts, commercial agreements, competition and regulation, litigation and arbitration.

Real estate: advising on outsourcing transactions and major urban regeneration projects, sales and purchase agreements and portfolio agreements, financing, real estate funds including Islamic funding structures, property development and urban regeneration, leasing and portfolio management and mergers and acquisitions.

Infrastructure: advising governments, private sector organisations and financial institutions on complex infrastructure transactions across multiple jurisdictions and sectors. Areas of expertise include: accommodation, communications, custodial, defence, education, health, social housing, waste and energy from waste.

Finance: advising lenders, issuers, borrowers and advisors on leveraged and acquisition finance, corporate finance, structured finance, asset finance and leasing, aircraft finance, capital markets, project finance, real estate finance, securitsation and corporate trusts.

In addition, the practice area extends to bilateral and syndicated loans, guarantee and security issues and regulatory matters, including the establishment of banks in Europe and the carrying on of lending and investment banking activities within Europe.

Restructuring: advising on all issues arising from corporate distress, distressed investing and formal insolvencies. The firm also advises lenders, debtors, potential purchasers and insolvency officeholders on issues such as directors’ duties, due diligence, debt buy-backs, debt trading and litigation.

Other offices: Abu Dhabi, Beijing, Brisbane, Brussels, Canberra, Dubai, Frankfurt, Glasgow, Hong Kong, India (best friend referral arrangement with Indian Law Partners), Jakarta (associated office), Jeddah (associated office), Madrid, Melbourne, Milan, Munich, New York, Paris, Perth, Port Moresby, Shanghai, Singapore, Sydney, Tokyo and Washington, DC.

Department Name Email Telephone
Chairman Ben Tidswell
Vice-chairman Mary Padbury
Global managing partner Paul Jenkins
London managing partner Simon Beddow
Head of Asia Nigel Pridmore
Head of Australia Phil Breden
Head of Europe Cristina Calvo
Head of US Bill Gray
Number of UK partners : 100+
Number of other UK fee-earners : 500+

The Lex 100 Verdict

'First-class work across a range of different practice areas' gives Ashurst its edge. The City outfit's 'reputation as a friendlier firm', showcased during the vacation scheme and interview process, made trainees certain that Ashurst was the place for them. The 'down-to-earth vibe' manifests itself in the form of an 'open-door policy for everyone, no matter how senior' and 'great supervisors who are willing to teach you and guide you through mistakes'. Moreover, 'high-quality work' and 'a great deal of in-depth training at the start of each seat' helped trainees feel comfortable and challenged in equal measure. Ashurst's 'international reach' was highlighted by many, with reports of trainees having a 'fantastic experience' on the firm's Lex 100 Winner medal-worthy international secondments. Even in the London office, an international vibe pervades and instances of 'working with clients and our other offices across the world' are common. 'Late nights waiting for documents to come in' and 'being awake for 36 hours straight for a signing' support the feedback that 'the hours can be unpredictable'. But it was acknowledged that this is no more than typical for a City firm, and is, in fact, an 'industry-wide phenomenon'. In any case, recruits were appeased by the fact that they are 'much more often expressly thanked for work' than peers at some comparable firms. If a firm with 'knowledgeable and approachable people' which provides a 'high level of work alongside very good support' sounds up your street, consider Ashurst.