Macfarlanes LLP > London, England > Firm Profile

Macfarlanes LLP
20 CURSITOR STREET
LONDON
EC4A 1LT
England

Corporate and commercial > Corporate tax Tier 1

Macfarlanes LLP‘s ‘superbly knowledgeable, technical, solution oriented’ team has expertise in M&A, fund formation, and all areas of tax structuring. The department is active on both domestic and international matters, advising global clients on high value matters. Team lead Damien Crossley specialises in private equity and investment management, and is a published thought leader in tax law. Ashley Greenbank is well known in the field, with an aptitude for cross-border transactions and group tax planning, while Mark Baldwin focuses on collective investment vehicles, particularly international private equity and real estate funds. Ceinwen Rees’ practice is centred on tax structuring, and James McCredie specialises in advising fund managers across all relevant tax issues. Jeremy Moncrieff has significant experience in complex M&A. Other key names include Gregory Price and Alicia Thomas. Sophie Donnithorpe-Tait joined in mid-2022 from Akin Gump LLP, where she was department head.

Practice head(s):

Damien Crossley

Testimonials

‘The tax team is superbly knowledgeable, technical, solution oriented and has the ability to explain highly complex matters in simple laymen terms. They are outstanding in the private credit space.’

‘Jeremy Moncrieff is not afraid of complexity, and boils things down to practical solutions with clear advice.’

‘Ceinwen Rees is super reactive, very pleasant to work with. She handles big projects in a very efficient and smooth manner. Her skills expand well beyond tax.’

‘They have perhaps the largest group of asset management focused tax partners and are adept at bringing together industry peers through their PETs sessions and technical working groups which are frequent, timely, varied, perfectly pitched, professional and informative. They are for that reason extremely well regarded in the industry.’

‘The corporate tax team at Macfarlanes is absolutely top notch with vast experience of the issues which need to be considered when advising on any transaction involving a corporation.’

‘All the individuals with whom I work at Macfarlanes are exceptionally able and easy to work with. Knowledge and experience are the hallmarks of the team, led by Damien Crossley.’

‘Ashley Greenbank is essentially the smartest man on earth and so any thorny problem is child’s play. Jeremy Moncrieff is practical, hard working, responsive and creative.

‘Jeremy Moncrieff – can always rely on his tax advice being both relevant and understandable. He thinks outside of the box and provides helpful alternative options where applicable.

Key clients

Alchemy

Virgin

Cross Ocean

GHO Capital

Hayfin Capital Management

Legal and General

Omnicom

Partners Group

Patron Capital

Charterhouse

Work highlights

  • Advised long-standing private equity client Alchemy on all tax aspects of its acquisition of Brasserie Bar Co, which owns the Brasserie Blanc and White Brasserie Co brands founded by chef Raymond Blanc.
  • Advised Hayfin Capital Management, on the tax structuring of its third Special Opportunities fund (Special Opportunities Fund III).
  • Provided UK tax advice to NortonLifeLock on the transaction structure and merger steps on its recommended cash and stock merger with FTSE100 company Avast plc, in a transaction attributing an enterprise value to Avast of up to $9.2bn.

Corporate and commercial > Private equity: transactions - mid-market deals (up to £250m) Tier 1

In addition to its work on high-value deals, Macfarlanes LLP remains one of the most active names in the mid-market private equity space, where it advises buyout houses across the lifecycle of investments. The group’s work in 2021 included advising on carve-out acquisitions from public companies as well as handling portfolio company M&A and assisting management teams on sales to PE. Alex Edmondson heads up the team and focuses on acting for sponsors in buyouts, while Jessica Adam has recently been engaged on a string of mandates from management teams. Other partners to note include Stephen Drewitt, who has deep experience in this space, Justin Hope and Stephen Pike.

Practice head(s):

Alex Edmondson

Testimonials

‘The team was excellent, always available and taking special care with how they handled us as clients. A real can-do attitude coupled with deep expertise. Also creative in the way that they were prepared to look into solving complex and difficult issues.’

‘A senior, tailored service. Alex Edmondson is all over what matters.’

‘Stephen Pike was particularly good on our deal. Very heavily involved and we really felt as the client that Stephen had our back the whole time which in a very demanding, competitive P/E auction process was a massive relief and advantage.’

Key clients

J.C. Flowers & Co

Exponent Private Equity LLP

Alchemy

H2 Equity Partners

Waterland Private Equity Investments

Caledonia Investments plc

Charme Capital Partners

KPS Capital Partners

Epiris

GHO Capital

Graphite Capital

Hayfin Capital Management

Wellspring Capital

August Equity

Partners Group

Duke Street

Apollo

Work highlights

    Investment fund formation and management > Retail funds Tier 1

    The team at Macfarlanes LLP covers the full range of fund-related matters, advising fund managers on the establishment and structure of their products. The firm also offers assistance with regulatory issues, having worked alongside the Investment Association (IA) and helped the FCA with its post-Brexit funds regime. Lora Froud is the lead partner for open-ended funds; she active in the regulated retail funds space, where she advises clients on UCITS funds and matters pertaining to ESG, AIFMD and MiFID. Senior counsel Alexandra Cochrane advises asset managers and authorised corporate directors on regulated funds matters, including mergers, terminations and rationalisations.

    Practice head(s):

    Stephen Robinson; Lora Froud

    Other key lawyers:

    Alexandra Green; Alexandra Cochrane; Sandeesh Shah; Tiffany Cox; Emma Garnham

    Testimonials

    “The team at Macfarlanes are exceptionally responsive. They are commercial and pragmatic in their advice and adopt a solutions-based approach to complex legal and regulatory issues. Macfarlanes are consistently at the forefront of emerging legal issues and developments in the legal and regulatory landscape.”

    “Lora Froud deserves particular mention as an expert in her field. Lora’s ability to get to the crux of issues and provide pragmatic solutions is exceptional. Lora is approachable, responsive and highly knowledgeable.”

    “Lora Froud was the lead Partner and her team were exemplary in the support they provided to our project. Lora’s professionalism was evident from our first email exchange. I would have no hesitation in recommending Lora and her team to anyone looking for legal and regulatory advice within the UK regulatory fund sector.”

    “As far as retail fund regulation is concerned, I haven’t found a better team of lawyers.”

    “I found Lora Froud to be excellent to deal with, engaging and helpful throughout. When delegating, the associates worked with were more than capable, Alexandra Cochrane was particularly good.”

    “The support from Tiffany Cox and Emma Graham was excellent – they were also very supportive and provided timely responses to all queries while their knowledge of legal and regulatory matters was first class.”

    “Lora Froud, Harry Middleton and Sandeesh Shah have all been exceptional to work with. They are extremely client focused and aware of the demands of the regulators, describing how to comply with requirements in a straightforward but yet thorough manner.”

    “Lora Froud and Tiffany Cox have both been excellent colleagues to work with: friendly and personable, collaborative and supportive. I would unreservedly recommend them both as outstanding individuals to work with.”

    Key clients

    Jupiter Asset Management

    Legal & General Investment Management

    Quilter Investors Limited

    FundRock Partners Limited

    GAM Sterling Management Limited

    Link Fund Solutions

    Octopus Investments

    Thesis Unit Trust Management

    Work highlights

    • Continued to act as sole UK counsel for Jupiter Asset Management in respect of its UK authorised fund range.
    • Continued to assist Legal & General Investment Management with various legal and regulatory matters for its UK authorised fund range.
    • Continued to advise Quilter on numerous legal and regulatory matters in relation to its extensive range of UK authorised funds.

    Private client > Contentious trusts and probate Tier 1

    Macfarlanes LLP's 'strength is the depth of quality in its contentious trusts and probate team, from partner through to trainee’. Practice head Charles Lloyd ‘is an outstanding team leader who brings vast experience and insight’. It is a go-to firm for high-value and complex disputes for high-net-worth families and individuals, trustees and family offices on all areas of contentious work. It works closely with other practice areas in the firm such as its excellent private client tax and trusts practice through to its white-collar crime, tax litigation and corporate tax teams. It acts for institutions and individuals from around the world and has seen continued growth in disputes as a result of the mental capacity of wealth creators and office holders. It is also increasingly helping trustees who are drawn into the criminal investigations of settlors and beneficiaries. The team has ‘the complete package in terms of skill, judgement and tactical acumen’. Jonathan Arr, Jacob Ward and Elizabeth Doherty are other key names in the area.

    Practice head(s):

    Charles Lloyd

    Other key lawyers:

    Jonathan Arr; Elizabeth Doherty; Jacob Ward

    Testimonials

    ‘Macfarlanes has decades of experience of family and estate disputes – You have a single person who coordinates all your advice so that everything is joined up – Macfarlanes is respected for its ability to bring disputes to a close and to be tough without unnecessary hostility’.

    ‘Charles Lloyd is a very smooth but ultimately ruthless practitioner who is recognised as one of the leading practitioners in the field. Elizabeth Doherty is a brilliant, thorough, determined litigator’.

    ‘The partners are incredible – so experienced and knowledgeable with excellent client-handling and instincts. They do a superb job bringing through their associates, so whoever in the team you speak to you feel in good hands, regardless of seniority’.

    ‘Charles Lloyd – the epitome of a big beast in the sector. Been everywhere and done it all, he exudes confidence and competence. Knows how to play the game to great effect.  Jonathan Arr – has so much on but is on top of everything’.

    ‘Macfarlanes was able to take over a substantial international trust dispute half way through heavy litigation with great ease and professionalism. They were extremely quick to engage and get to the pertinent issues. Jonathan Arr and Jacob Ward are the names to note. Immensely quick response times and very diligent and committed to communications and tasks at hand’.

    ‘Charles Lloyd and Elizabeth Doherty were fantastic. Charles, as the more senior of the two, demonstrated excellent client support and strategic planning, while Elizabeth was more hands on in the day to day sense and handled a complex matter with impressive skill and organisation’.

    ‘Great team. Real strength and depth. Continue to dominate the market. Charles Lloyd. Jonathan Arr. Totally solid lead partners. Jacob Ward is making a name for himself’.

    ‘Macfarlanes is blessed with a team of specialists for this work, from associate level through to partner level. Charles Lloyd is one of the best lawyers in the country. He is incredibly user-friendly with clients while being firm with opponents’.

    Private client > Personal tax, trusts and probate Tier 1

    With the ‘simply excellent’ team at Macfarlanes LLP  ‘there can be few teams of lawyers anywhere in the world that has greater capacity to deal with personal tax, trusts and probate matters than this team‘. It is led by Piers Barclay and is very well equipped to handle all types of complex situations for its ultra-high-net-worth clients with assets, business interests and families across multiple jurisdictions.  Barclay has a significant number of US, Middle Eastern and Greek clients. Key areas of focus include advising executives in the fund management industry on structuring their remuneration as well as designing new trusts to suit the needs of settlors and beneficiaries.  There have been changes to the team at a senior level. Isobel Morton has left the firm while Jonathan Conder has recently moved to Stephenson Harwood. Charlie Maydon Grace has been promoted to partnership.

    Practice head(s):

    Piers Barclay

    Other key lawyers:

    Charles Gothard; Nicholas Harries; Richard Giangrande; Sebastian Prichard Jones; Mark Hunter; Jennifer Smithson; Charles Gothard; Charlie Maydon Grace; Edward Reed

    Testimonials

    ‘Macfarlanes actively enjoys diving into complex, conceptual questions that require a rare mixture of technicality and creativity. While other firms are looking to fit a client into a mould (trotting out the same solution for each client, with a minor tweak here and there), Macfarlanes excels as thought partners, designing a bespoke solution from the ground up’.

    ‘Richard Giangrande is an exceptional private client lawyer, combining a very strong technical and conceptual mastery of UK law with a pragmatic approach (both in terms of determining the sensible ‘risk-adjusted’ legal position to take, as well as coordinating the various parties within and without his firm to get a project over the line and fully executed)’.

    ‘Sebastian Prichard Jones and Mark Hunter are exceptional at explaining complex matters and providing effective solutions to the issues at hand. Their availability is top notch, and both are a pleasure to deal with’.

    ‘Jenny Smithson – brilliant, clients love her. Richard Giangrande – technically excellent and very hardworking. Nicholas Harries – well known and liked partner, very easy to work with’.

    Sebastian Prichard Jones, Richard Giangrande and Charles Gothard – what makes the members of the team special is the range of knowledge which it has and that ability to apply it in sensible but novel ways’.

    ‘Charles Gothard: extremely client and solution oriented, out of the box thinker who knows the limits of what is possible. True expert. Charlie Maydon-Grace: up and coming partner, very proactive, excellent attention to detail and solution oriented’.

    ‘Edward Reed, Charlie Maydon, Sebastian Prichard Jones have been collaborating with us on very sensitive family matters including tax and Trusts. they have developed a very performant team, not only on technical aspects but also on the psychological understanding of difficult family matters. Incredibly knowledgeable about the law. Friendly, personable, helpful’.

    ‘Fantastic team with breadth of partners. Top notch for HNW individuals and families. Joined up advice and very commercial advice. Brilliant client service. My top choice of private client advisers – exactly what clients need – sophisticated advice delivered effectively’.

    Corporate and commercial > Financial services: contentious Tier 2

    Macfarlanes LLP is geared to handle a broad variety of regulatory dispute, enforcement action and investigation proceedings. Dan Lavender is well-versed in matters with a multi-jurisdictional element, having handled affairs throughout Europe, the US and Middle East; he co-heads the team alongside Matt McCahearty whose track record spans LIBOR, foreign exchange and anti-money laundering cases. At senior counsel-level, Aalia Datoo is forging a prominent reputation for bribery, corruption, market abuse, fraud and international sanction compliance matters.

    Practice head(s):

    Dan Lavender; Matt McCahearty

    Other key lawyers:

    Aalia Datoo; Barry Donnelly

    Key clients

    The State of Qatar

    NatWest

    The British Bankers’ Association

    FMSB

    Crime, fraud and licensing > Fraud: civil Tier 2

    The members of Macfarlanes LLP‘s team are considered to be ‘good collaborators and open-minded.‘ The group handles a wide range of civil fraud matters and is led by James Popperwell, who is active in matters relating to Russia, Ukraine and the CIS region. Senior counsel Chloë Edworthy is well versed in litigation and arbitration proceedings, and Neill Blundell is experienced in matters at the intersection of fraud and white-collar crime. The practice is also recommended for its knowledge of offshore structures and the litigation funding elements of fraud cases.

    Practice head(s):

    James Popperwell

    Other key lawyers:

    Testimonials

    ‘Good collaborators. Open-minded.’

    ‘The team has very substantial depth. Its associates are the strongest I have encountered in the market, which allows the team to deliver a very efficient service. They have considered all angles of an issue before they discuss it with us and give clear options, making the trade-offs very clear.’

    ‘James Popperwell is a brilliant litigator. He is unflappable and always provides sound and well considered advice.’

    ‘Nikolas Ireland has matured into an extremely competent associate and has impressed me more than partners at other leading law firms. He is one to watch.’

    Dispute resolution > Competition litigation Tier 2

    Steered by seasoned competition expert Malcolm Walton, Macfarlanes LLP is routinely engaged in high-stakes disputes arising from regulatory investigations, collective damages proceedings, and precedent-setting appeals. Cameron Firth enjoys a stellar reputation in the market – and the pharmaceuticals sector especially – on account of his broad capabilities in merger control matters, dawn raids and inspections, and contentious matters before the English and EU courts. Simon Day is similarly well regarded for his expertise in group litigation, handling numerous individual and collective damages actions for clients in the transport, automotive, and banking sectors. Emma Radcliffe, who was promoted to partner in May 2021, is noted for her proficiency in investigations before both the European Commission and the CMA, as well as follow-on claims at the High Court and in the CAT. Senior counsel Caja Griesenbach maintains a keen focus on jurisdiction challenges.

    Practice head(s):

    Malcolm Walton

    Key clients

    ZF Friedrichshafen

    Daimler Truck AG

    MAHLE Behr

    Flynn Pharma

    Teva

    NatWest Markets

    Genius Sports

    Prysmian

    Work highlights

    • Representing Flynn Pharma in connection with the CMA’s first ever stand-alone unfair pricing case.
    • Acting for Prysmian in six different sets of proceedings, each following the findings by the European Commission that there was a decade long cartel in the market for high voltage underground and submarine power cables.
    • Advising Genius Sports Group on a series of cases with implications for the global markets for sports betting data rights.

    Dispute resolution > Tax litigation and investigations Tier 2

    Macfarlanes LLP advises on the full spectrum of tax matters from HMRC enquiries to audits, investigations and litigation. The team handles both direct and indirect tax disputes with many going before the tax tribunals and civil courts. Other areas of expertise include transfer pricing and offshore trusts matters. Gideon Sanitt heads the team with experience in both transactional and contentious work with support from Sebastian Prichard Jones. Ben Webster acts on a wide range of tax disputes including traditional HMRC matters and judicial review cases.

    Practice head(s):

    Gideon Sanitt

    Testimonials

    ‘The quality of solicitors working in the team are able to attract top quality private clients. The litigation and investigations team fits very well with the private client teams to resolve disputes with HMRC.’

    ‘Very hard working. Substantial experience in litigation and investigations. Very high quality recent hires from HMRC.’

    ‘Exceptionally hard working. Technically brilliant. Savvy litigators.’

    ‘The superb Gideon Sanitt.’

    ‘Macfarlanes has a specialist team which conducts it’s tax litigation and investigations practice. As with everything that Macfarlanes does, the standard applied is excellent, maintained and enhanced by knowledge and experience.’

    ‘The tax litigation and investigations team at Macfarlanes is led by Gideon Sanitt, a practitoner of huge experience and the ability to explain the issues which arise in litigation to lay clients in terms which they can understand. Gideon is supported by a large team with large resources. All the members of the team are exceptionally able and approachable and available.’

    ‘The team are very commercially minded and able to apply complex tax law to the real world and explain it to clients in a way they understand. They are technically very strong and understand the law but not at the expense of being personable and clear in their advice. They are very responsive and pro active and offer clear advice and explanations of risks and legal process. They do no shy away from giving advice that may not be what the client was expecting/hoping to hear. They are experts in their field and work very well with barristers and their clients.’

    ‘Unusually compared to many other firms, the members of the team are on the one hand very intelligent and therefore able to deal with technical issues, but also very commercial.’

    Employment > Employee share schemes Tier 2

    Large listed and private companies, trustees and start-ups turn to Macfarlanes LLP for assistance with the design, implementation and operation of employee share plans and incentive arrangements. In addition to its growing presence in the financial services sector, the group is noted for its expertise in linking ESG metrics to performance-based remuneration, which makes it a popular choice for private equity houses and fund managers. Heading the team is Robert Collard, who is ‘able to bring share scheme experience together with the financial service context and regulatory considerations’. Rasmus Berglund, who was made partner is May 2022, is another name to note.

    Practice head(s):

    Robert Collard

    Other key lawyers:

    Testimonials

    ‘Highly proactive and professional. Excellent transactional management and ongoing client support. Experienced team able to deliver practical solutions. Well-drafted documentation.’ 

    ‘Rob Collard is an experienced leader, client focused, and solution-driven, with a sound understanding of EBT trustee considerations.’ 

    ‘Rob Collard was able to bring share scheme experience together with the financial service context and regulatory considerations. The combination is unusual and helpful.’ 

    ‘In my experience some law firms give advice without thinking through how it will be applied practically. Macfarlanes is different – they collaborate between teams i.e., share schemes, corporate and tax, to ensure that the advice given is comprehensive while being pragmatic; making it easy to apply in a real-life situation.’ 

    ‘Rasmus Berglund  drew on his knowledge of wider market practices and larger organisations to create a suitable rule set for us within a very short time. His attention to detail meant there were minimal iterations.’

    ‘Led by Rob Collard, this is a high-quality team with deep transactional experience and strong tax support. The corporate law experience in the team sets it apart.’

    ‘Rob Collard is a leading lawyer in employee share schemes. His corporate and commercial experience sets him apart.’ 

    Key clients

    Virgin

    Hyve group

    Charme Capital Partners

    Epic private equity

    Smith & Williamson

    Improbable

    Checkout

    Genius Sports

    The Finsbury Group

    abrdn

    Record

    Work highlights

    • Advised Finsbury Glover Hering on the share plan aspects of its merger with Sard Verbinnen & Co, including rollover arrangements and a multinational employee share subscription for more than 350 employees.
    • Assisted Siris Capital Group with the negotiations and settlement of awards under 7 share plans in connection with its recommended all-cash £673m offer for Equiniti Group.
    • Advised NortonLifeLock on $9.2bn merger with Avast plc and helped with the share plan changes.

    Investment fund formation and management > Fund finance Tier 2

    Benefiting from the firm’s strong capabilities in debt finance, investment funds and tax, Macfarlanes LLP‘s exceptional’ fund finance practice ‘provides sound advice across a broad spectrum of fund finance products’. The group is also noted for its expertise in credit fund leverage, which makes it a popular choice for credit funds. Leading the team are Andrew Perkins, who is very knowledgeable in the asset-backed facility space’ and the highly competent’ Richard Fletcher, who is well regarded for his excellent market knowledge’.

    Practice head(s):

    Andrew Perkins; Richard Fletcher

    Testimonials

    ‘We utilise the fund finance team at Macfarlanes on all fund finance matters. They are excellent with both small amendments and full projects and we lean on them heavily to lead the process for us. Always a safe pair of hands.’  

    ‘They are very pragmatic and offer realistic quotes. We also appreciate the synergies between the fund and fund finance teams.’

    ‘Richard Fletcher is our main partner on the fund finance side and he is a trusted and knowledgeable source of information for us. Any fund finance question we have Richard will always know the answer to and has seen it before. This experience and pragmatic nature is an excellent combination and makes us feel we are in safe hands with any work required.’

    ‘The team is very diligent in their work and fully up-to-speed with market developments. They provide sound advice across a broad spectrum of fund finance products.’

    ‘Andrew Perkins is very knowledgeable in the asset-backed facility space and competently drafts, negotiates and explains complex provisions. He is a very ‘hands-on’ partner and is fully visible throughout a transaction.’

    ‘Richard Fletcher is a highly competent partner who has advised us on many subscription line facilities. He has excellent market knowledge and draws on that keenly in order to advise us.’

    ‘The Fund finance team at Macfarlanes is exceptional. They have strength and depth and have advised on a number of facilities for our funds in recent years.’

    ‘Richard Fletcher is an exceptional lawyer. Responsive, commercial, and very knowledgeable, Richard and his team are a pleasure to work with. He cuts through legal jargon and 500-page facility agreements to deliver concise advice so we can focus on the issues that matter. Happy to take the lead and steer us in the right direction to reach the best outcome. Also, very easy to work with and has a strong team.’

    Key clients

    Alchemy Special Opportunities Funds

    Montagu

    Partners Group

    Real estate > Commercial property: development Tier 2

    Macfarlanes LLP acts for clients across the logistics and life sciences sectors on redevelopment and urban regeneration projects, and has demonstrable experience in cross-border commercial and residential property transactions, including mandates pertaining to build-to-rent, private rented sector and student accommodation. ‘First-class practitionerAnthony Burnett-Scott, who advises on mixed-use developments, jointly leads the real estate practice alongside ‘affable partnerClare Breeze, who acts for international investors in commercial property and financing matters, as well as joint ventures. In the corporate occupier space, the practice acts for professional services, retail and media occupiers on relocation projects, acquisition of new premises, disposal of excess space and management of existing premises. Well-placed to advise on the real estate aspects of high-value corporate transactions, the team’s workload relating to private equity real estate continues to grow.

    Practice head(s):

    Anthony Burnett-Scott; Clare Breeze

    Other key lawyers:

    Dan Marriott; Nick Barnes; Tania Barnes

    Testimonials

    ‘Anthony Burnett-Scott is a high quality and approachable expert in the field and the first person we would pick up the phone to for a complex development-led property transaction. A first-class practitioner.’

    ‘Good sector knowledge and specialists.’

    ‘Clare Breeze is an affable partner, good sector knowledge and sensible in negotiations.’

    ‘Dan Marriott is a knowledgeable partner and a sensible negotiator.’

    ‘Tania Barnes is a rising star, an in-demand associate, knowledgeable, organised and drives deals forwards.’

    Key clients

    M7 Real Estate

    Hillwood

    Berkeley Homes

    Brookfield

    Canary Wharf Group

    Derwent London

    RealStar

    First Base

    Kennedy Wilson

    Legal & General

    The Ritz

    Work highlights

    • Advised Legal & General Capital Investments Limited (acting as developer) on the development of part of Begbroke Science Park for Oxford University.
    • Advising Stanhope Plc on its joint venture with Cadillac Fairview and Thomas White Oxford Limited to bring forward Oxford North, a £700m new global innovation development.
    • Advising on the extension and extensive refurbishment of the Ritz Hotel.

    Real estate > Commercial property: investment Tier 2

    Macfarlanes LLP acts for clients across the logistics and life sciences sectors on redevelopment and urban regeneration projects, and has demonstrable experience in cross-border commercial and residential property transactions, including mandates pertaining to build-to-rent, private rented sector and student accommodation. ‘First-class practitionerAnthony Burnett-Scott, who advises on mixed-use developments, jointly leads the real estate practice alongside ‘affable partnerClare Breeze, who acts for international investors in commercial property and financing matters, as well as joint ventures. In the corporate occupier space, the practice acts for professional services, retail and media occupiers on relocation projects, acquisition of new premises, disposal of excess space and management of existing premises. Well-placed to advise on the real estate aspects of high-value corporate transactions, the team’s workload relating to private equity real estate continues to grow.

    Practice head(s):

    Clare Breeze; Anthony Burnett-Scott

    Other key lawyers:

    Dan Marriott; Dominic Cunliffe; Nick Barnes; Gerald Kelly

    Testimonials

    ‘The Macfarlanes team are highly responsive, engaging and offer transparent advice.’

    ‘Anthony Burnett-Scott is a tremendous practitioner.’

    Key clients

    Legal & General

    M7 Real Estate

    Hillwood

    Berkeley Homes

    Brookfield

    Canary Wharf Group

    Derwent London

    Ecoworld

    Kennedy Wilson

    Supermarket Income REIT

    NatWest Pension Fund

    Realstar

    Work highlights

    • Advised Supermarket Income Reit plc on several acquisitions and refinancings.
    • Advised Realstar on a £580m disposal in the build-to-rent sector.
    • Advised Legal & General on the sale of Central Saint Giles to Google for $1bn, which includes 408,000 sq ft of office space and more than 100 residential apartments with restaurants and cafes on the ground floor.

    Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 2

    Tough defenders but sensible and approachable’, the team at Macfarlanes LLP advises an international corporate client base on bribery, corruption, and other financial crime issues, encompassing regulatory and criminal investigations brought by international enforcement agencies, as well as internal compliance audits. The firm has a particularly strong record in AML advice, and has also seen an uptick in sanctions work, both with regard to enforcement and compliance. The vastly experienced ‘genuine starNeill Blundell heads up the team, and combines deep regulatory and criminal defence expertise, acting across the full range of financial crime matters for a diverse client base. Barry Donnelly  handles multijurisdictional investigations by the likes of the SFO and US DOJ, while senior solicitor Helen Harvey plays an increasingly key role in criminal tax investigations and sanctions work.

    Practice head(s):

    Neill Blundell

    Other key lawyers:

    Lorna Emson; Helen Harvey; Max Hobbs; Barry Donnelly

    Testimonials

    ‘MacFarlanes are exceptional for multi jurisdictional corporate investigations, with a host of high profile company clients across numerous sectors of business in the UK and worldwide. Experience of SFO, DOJ and FCA, as well as regulators of the city in the USA and across Europe. They are tough defenders but sensible and approachable.’

    ‘Neil Blundell, a genuine star, been around for years but retains a youthful enthusiasm.’

    ‘The team is very experienced and responsive, with a good mixture of criminal, regulatory and litigation experience. with Neill Blundell at its head, the team has someone with decades of real, hands on experience of criminal and regulatory investigations.’

    ‘Neill Blundell (partner and head of team) – experienced, engaging, assuring to clients, good at managing his team. Lorna Emson (partner) – good strategic insight.’

    ‘Since MacFarlanes enhanced the business crime team, it has sharply enhanced the breadth of its service offering, and with a team that is absolutely at the top of the game — all consistent with the culture, work ethic, and excellence of the firm overall.’

    ‘Neill Blundell is as sharp as they come, affable but hard-hitting. A pleasure to observe operate.’

    ‘The practice represents both corporates and individuals sourcing their work from corporate and high net worth individuals. They deal with a wide variety of matters and are building a good foundation for a very good department.

    ‘Neill Blundell heads up an effective and well informed team, including the newly promoted to partner Lorna Emson. Francis Bond is an effective and well informed associate as is the up and coming Max Hobbs. Neill manages a diverse team and recently has welcomed back Helen Harvey from maternity leave. His team has a sensible relaxed manner whilst being efficient and well informed.’

    Work highlights

      Corporate and commercial > EU and competition Tier 3

      Macfarlanes LLP‘s combination of ‘excellent legal knowledge and commercial acumen‘ makes them a strong choice for a wide variety of clients, ranging from pharmaceutical companies to industrial manufacturers. Steered by practice head Malcolm Walton, the team regularly advises on cross-jurisdictional merger control actions, FDI proceedings, and high-stakes investigations instigated by the CMA, among other relevant authorities. Cameron Firth is widely lauded by peers and clients alike for his capabilities in CMA investigations and merger control matters, most notably in the pharmaceutical sector. The ‘excellentTom Usher is recommended for his ‘unparalleled’ competition knowledge in the financial services and broadcasting sectors, while Emma Radcliffe draws equal praise for her work in cross-border cartel investigations. Simon Day specialises in private damage actions for competition law breaches, including collective and individual claims.

      Practice head(s):

      Malcolm Walton

      Testimonials

      ‘Excellent legal knowledge combined with commercial acumen. They are really user-friendly and give you the advice that you need without involving large teams and excessive billing.’

      ‘Tom Usher is an excellent lawyer with unparalleled legal knowledge, but more importantly, he understands our business and therefore provides practical, workable advice.’

      ‘Macfarlanes stands out for  combining longstanding experience in commercial litigation with specialist competition litigators. Bringing the two together is a powerful combination and results in a very slick and experienced operation, particularly in the field of follow-on damages claims.’

      ‘Simon Day is an extremely well-respected and sensible lawyer who makes consistently good judgement calls. I can tell that clients trust him deeply with their cases.’

      ‘Emma Radcliffe is a newly-appointed partner who has a wealth of experience in competition law and is destined for good things. She has an excellent eye for detail.’

      ‘Alex Evans is an exceptional lawyer. He is likely to be one of Macfarlanes’ future stars. He has an excellent ability to manage complex litigation, particularly multi-defendant pieces of litigation, and is always a calm and well-respected in the room.’

      ‘Cameron Firth really knows his stuff, and Simon Day is razor sharp.’

      Key clients

      ZF Friedrichshafen

      Daimler Truck

      Jazz Pharmaceuticals plc

      Waterland Private Equity

      Siris Capital Group

      Binderholz Group

      Inspecs Group plc

      Flynn Pharma

      Genius Sports

      Sepura

      Prysmian

      Diageo

      Associated British Foods plc

      Oaktree Capital

      Jacobs Douwe Egberts

      Work highlights

      • Advising Binderholz on  UK merger control aspects of its acquisition of BSW Timber Ltd.
      • Advising Jazz Pharmaceuticals plc on the $7.2bn acquisition of NASDAQ listed GW Pharmaceuticals plc.
      • Advised M7 on the merger control aspects of its acquisition by Oxford Properties, which is part of the OMERS portfolio.

      Corporate and commercial > M&A: upper mid-market and premium deals, £500m+ Tier 3

      Macfarlanes LLP draws considerable praise from clients, who turn to the team for its ‘creativity‘ and  ‘invaluable strategic advice‘ in big-ticket, cross-border transactions. The team has recently advised on a number of multi-billion pound transatlantic deals in the pharmaceutical and tech sectors, driven by the highly regarded international specialist Harry Coghill. Practice chair Howard Corney is a key port of call for various investors, family offices, and business seeking assistance in cross-border M&A – particularly in deals with an African dimension. Justin Hope is reputed for his capabilities in transactions involving asset-backed entities, while Tom Rose is lauded for his far-reaching transatlantic expertise – most recently fielding instructions from multinational tech companies and manufacturers. Associate Emma Bailey also comes highly recommended.

      Practice head(s):

      Howard Corney

      Other key lawyers:

      Testimonials

      ‘Harry Coghill is smart, thoughtful, and personable.’

      ‘The team is commercial and solutions-orientated, and a pleasure to do business with. They are at the forefront of the market and provide invaluable strategic advice.’

      ‘Tom Rose is a stand-out commercially focused and technically astute M&A lawyer with exceptional client skills who gets the best from his team. He always delivers.’

      ‘Tom French is technically brilliant, with the ability to command and control highly complex transactions effortlessly.’

      ‘Tom Rose is a great partner. Exceptionally brainy, hands-on, commercial, and puts the client first.’

      ‘Emma Bailey is the best associate I have ever worked with in 30 years.’

      ‘Tom French is very bright and good to work with – a great lateral thinker.’

      ‘A strong client-centric approach that prioritises creativity, thoroughness and attention to detail in achieving their client’s goals.’

      Key clients

      abrdn

      Alexion Pharmaceuticals

      Binderholz UK Holding Limited

      Caledonia Investments plc

      CHC Helicopter

      Checkout.com

      Cobham

      Finsbury Glover Hering

      Genius Sports Group

      Greencoat Capital

      Hampshire Trust Bank

      Hayfin

      Improbable Worlds Limited

      Jazz Pharmaceuticals plc

      KPS Capital Partners

      M7 Real Estate

      NortonLifeLock Inc

      Omnicom

      Real Star

      William Pears Group

      Work highlights

      • Advising NortonLifeLock Inc. (NLL) on its recommended cash and stock merger with FTSE 100 company Avast plc in a transaction attributing an enterprise value to Avast of up to $9.2bn.
      • Advising Terminix Global Holdings, Inc. on its recommended stock and cash combination with FTSE 100 company Rentokil Initial plc.
      • Advising Jazz Pharmaceuticals plc on its acquisition of GW Pharmaceuticals plc for a total consideration of $7.2bn, comprising cash of $6.55bn and stock of $650m, by way of a UK scheme of arrangement.

      Corporate and commercial > VAT and indirect tax Tier 3

      The VAT experts at Macfarlanes LLP are able to handle the indirect tax aspects of real estate and M&A transactions, as well as advising on the structure of investment funds and joint venture agreements, and outsourcing issues. The team is also well-versed in VAT-related disputes and HMRC investigations. Chris Mortimer heads the group, with particular experience in advising on the establishment of new investment vehicles and negotiating VAT recovery methods with HMRC. Charishma Bhujohory is regularly instructed on day-to-day VAT issues, as well as VAT issues arising from corporate and property transactions.

      Practice head(s):

      Chris Mortimer

      Other key lawyers:

      Testimonials

      ‘Very responsive, even on minor matters. Able to put across technical matters in straightforward language and commercial in approach.’

      ‘Cohesive team who clearly understand the subject matter and can work across the different practice areas.’

      ‘Chris Mortimer and Charishma Bhujohory will make themselves available and turnaround queries quickly, even where time isn’t of the essence. Chris, although relatively young has a wide breadth of knowledge and having started out in the Big 4 previously is very comfortable with the numbers side of things/VAT return process and preparation, which is a plus.’

      ‘Primary contact is Chris Mortimer. Personable, accessible, responsive and practical in his advice – it is reassuring to know Chris is on hand whenever you need him.’

      ‘The individuals I worked with were clearly very bright and as well as being technically strong and knowledgeable.’

      Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals) Tier 3

      Macfarlanes LLP represents senior executives and international high-net-worth individuals in criminal investigations and prosecutions brought by the SFO and global enforcement bodies, as well as handling extradition proceedings, interviews under caution and witness interviews, and tax investigations. The firm is able to handle cross-border proceedings, and has acted for clients in a wide range of industries, including financial services, sports, and others, and is particularly noted for its ability to represent high-profile clients facing sensitive allegations of financial crime. Vastly experienced white-collar criminal defence practitioner Neill Blundell heads up the ‘cohesive and well-informed‘ team, which also includes Lorna Emson, who continues to bolster her reputation in the financial crime space, acting for executives, HNW individuals, and politicians, and senior solicitor Helen Harvey, who has notable expertise in criminal HMRC investigations. Associate Max Hobbs, who regularly represents clients facing interviews under caution, is praised as an ‘up and coming force‘.

      Practice head(s):

      Neill Blundell

      Other key lawyers:

      Testimonials

      ‘The Firm was able to guide me through the process and prepared me for the interview with the Serious Fraud Office.’

      ‘A daunting experience was made easier because of good co-ordination and expertise in this complex field.’

      ‘Key strengths were were expert knowledge, not only in the law but the application and practical aspects of the law concerned. The people I dealt with and who advised me throughout were the key to ensuring that we had a good outcome in the end.’

      ‘Neill Blundell gave me absolute confidence that I was receiving the best possible advice throughout the process. Although I always tried to give an honest picture of the facts involved, it was to Neill’s credit that he was able to pull everything together in a coherent way.’

      ‘Fantastic range of experience across the full gamut of frauds investigated by all agencies, and multi jurisdictional investigations. Tough in interviews and well resourced without being excessively expensive.’

      ‘Neil Blundell brings a wealth of experience from early years in general crime followed by decades of white collar crime expertise. he has won some huge cases, in ensuring clients were not even prosecuted in some of the most significant investigations of the past twenty years.’

      ‘The Team headed by Neill Blundell is cohesive and well informed. They are responsive to client’s needs but do not shirk from giving clear advice. They are personable and effective. There is a clear focus on what is required and strong foresight into what may happen ahead.’

      ‘Neill Blundell has instructed me in a number of high profile cases, with clients from here and abroad. He promotes others and is a champion of diversity. One of his team, Lorna Emson recently was elected as a partner in the firm. That was a justified and well-earned promotion.’

      Dispute resolution > Banking litigation: investment and retail Tier 3

      With a team that includes ‘some of the most experienced and highly regarded practitioners in the area’, Macfarlanes LLP acts for a client base that includes banks, investment funds, broker-dealers and sovereign states across the full range of banking disputes. Barry Donnelly is ‘exceptionally experienced and talented’ and is currently engaged in a number of transatlantic disputes, while Matt McCahearty is ‘one of the leaders in the field’ and handles both commercial litigation and regulatory investigations. Dan Lavender is also skilled at advising on regulatory and commercial disputes, and is regularly instructed on cross-jurisdictional cases. All named partners jointly lead the team.

      Practice head(s):

      Barry Donnelly; Matt McCahearty; Dan Lavender

      Other key lawyers:

      Laura Bridgewater

      Testimonials

      ‘Barry Donnelly is extremely experienced and tough while remaining courteous and professional throughout. A class act.’

      ‘They have some of the most experienced and highly regarded practitioners in the area. Truly first class.’

      ‘Barry Donnelly is an exceptionally experienced and talented lawyer. Clients love him and he gets results.’

      ‘Matt McCahearty is rightly regarded as one of the leaders in the field.’

      Key clients

      The State of Qatar

      NatWest

      The British Bankers’ Association

      JB Firth Rixson Inc, and FR Acquisitions

      Financial Market Standards Board (FMSB

      Dispute resolution > Commercial litigation: premium Tier 3

      Macfarlanes LLP's 'genuinely premium' department leverages the dual strength of its private client and corporate practices to skillfully represent entrepreneurs, senior executives, shareholders, family offices and corporate entities connected to them. Practice head Matt McCahearty  is described by one client as being 'good at managing large teams in the most complex commercial litigation'. The group also fields 'legendary figure' Iain Mackie  and 'superstar' Lois Horne . Newly made up Christopher Charlton is 'everything you would want in a partner'.

      Practice head(s):

      Matt McCahearty

      Other key lawyers:

      Iain Mackie; Christopher Charlton; Lois Horne

      Testimonials

      ‘They have a team of extremely able lawyers, who really get to the bottom of the knottiest cases, and ally that to good commercial judgement so as to arrive at an effective strategy for the client. Excellent team players.’

      ‘Iain Mackie – extremely experienced and wise litigator. Very sound commercial judgement, and remains calm and effective under pressure when commercial litigation is at its most challenging. Adept at handling the largest and most complex of cases.’

      ‘Matt McCahearty is a very thorough and able lawyer. Drills to the bottom of difficult and knotty points, and comes up with well reasoned and commercially sound strategic advice for the client. Good at managing large teams in the most complex commercial litigation.’

      ‘The commercial litigation team has the unique combination of commercial nous and depth of legal knowledge. The team is also very approachable and down to earth.’

      ‘Christopher Charlton is fantastic. He is everything you would want in a partner. Always available. Sharp intellect. Easy to work with. Gets to the point.’

      ‘Macfarlanes have a genuinely premium commercial litigation team, with tremendous ability at all levels.’

      ‘Iain Mackie is a legendary figure, whilst new partner Chris Charlton is undoubtedly a future superstar – quite superb.’

      ‘Lois Horne is a superstar. She is all over the papers, has superb tactical judgement and a sense for how points will play before a tribunal, and thinks several moves ahead.’

      Key clients

      The State of Qatar

      NatWest

      SAS Institute Inc.

      The Insolvency Administrator of Wirecard AG

      Genius Sports Group

      Red Bull Racing

      Better Capital LLP

      Business Growth Fund

      J.D Williams & Company

      Grange Hotels / Integrity International Group Limited

      Axel Manes / Mad Atelier

      Employment > Pensions (non-contentious) Tier 3

      Macfarlanes LLP's team is noted by clients for being 'technically very strong, also commercial and pragmatic'. The group advises employers, corporate groups and trustees in relation to the management of their pensions liability, as well as defined benefit scheme consolidations. The group is well-versed in pensions regulation, funding negotiations, section 75 debt management and intra-group reorganisations, as well as technical benefit issues, scheme closures and benefit changes. The department is jointly led by Camilla Barry , an expert in the powers of the pensions regulator; and Andrew Barton, who specialises in insurance issues related to scheme de-risking projects. Madison Isted is an expert in advising insurers on pensions de-risking, while Stacey Yon is another key lawyer with knowledge across the pensions space.

      Practice head(s):

      Camilla Barry; Andrew Barton

      Other key lawyers:

      Testimonials

      ‘The firm is looking for solutions within the ambit of the law. Easy to deal with and very responsive.’

      ‘Camilla Barry has been super to work with explaining complex legal concepts in a non-legal language thus making it easier to understand and interpret. She is always available in emergencies even when on holiday’

      ‘Andrew Barton and Madison Isted are standout players in the insurance and reinsurance market. Their industry expertise and dedication on matters are unparalleled. They both collaborate really well with us, our business teams and with law firms on the other side of our transactions. Their work is always seamless and it is a pleasure having them on our deals.’

      ‘Both Andrew and Madison are extremely diligent, responsive and hardworking and have taken the time to understand our business back to front. They always add significant value with their expertise of the industry and transactions which they are involved are seamless. I cannot fault any aspect of their model.’

      ‘Pro-active, excellent service and advice. The team has strength in depth at different levels, with a diverse range of lawyers. Responsive and alert to assist and advise.’

      ‘Camilla Barry is an outstanding pension lawyer, with a great depth of experience and expertise. Proactive and pleasant, forthright and commercially aware.’

      ‘Very experienced and responsive and cut through the detail very quickly and effectively to focus and obtain instructions on key areas. They provide a great service and are able to meet challenging transaction deadlines.’

      ‘Andrew Barton is very experienced and is fully involved and leads the work extremely well and can be relied on to give straight answers and find solutions. Alex Cibulskis is very efficient and handles complex issues and agreements very well which is impressive given his PQE and certainly operates above other associates of a similar level.’

      Key clients

      Legal and General Assurance Society Limited

      IAC/InterActive

      The Trustees of the United Airlines Pension Scheme

      Binderholz UK Holding Limited

      The Pension SuperFund

      Siris Capital LLC

      Apollo Management International LLP

      GBT Travel Services UK Limited

      Pernod Ricard S.A.

      Barloworld UK Limited

      Work highlights

      • Advised Legal & General on a c.£650m defined benefit pension risk transfer (buy-in) transaction with the trustees of the Mitchells & Butlers Executive Pension Plan.
      • Advised Legal & General in connection with its £760m defined benefit pension risk transfer transaction with the trustees of the Sanofi.
      • Advised Legal & General in connection with its £250m defined benefit pension buy-in transaction with the trustee of the Selecta UK Pension Plan.

      Finance > Acquisition finance Tier 3

      Advising a balanced mix of credit funds and private equity sponsors, the 'highly commercial, pragmatic and solutions-focused' team at Macfarlanes LLP has an excellent perspective on the legal and commercial requirements of borrowers and lenders within the upper/mid-market leveraged finance space. Kirstie Hutchinson  has 'deep experience of mid-market acquisition financing' for the firm's loyal roster of financial sponsor clients, which are appreciative of her 'excellent technical knowledge' and conversance with complex, cross-border mandates. Able 'to bring clarity and precision to a complicated deal structure', Malcolm Hitching advises private equity clients on leveraged finance mandates, as well as advising  private credit funders in the litigation finance market. The 'responsive and commercial' Andrew Perkins  heads up the overarching banking and finance team and is able to draw on 'a wealth of acquisition finance experience', particularly in relation to lender-side credit fund work.

      Practice head(s):

      Andrew Perkins

      Other key lawyers:

      Kirstie Hutchinson; Malcolm Hitching; Adam Caines

      Testimonials

      The team produces consistently high quality work within very short time frames. Their experience and knowledge within the sector is first class.’

      The Macfarlanes team have demonstrable expertise in complex, cross-border acquisition financings. They are very responsive, provide concise and commercial advice and consistently deliver to expectations; they are a very reliable and highly skilled set of lawyers.’

      ‘Highly commercial, pragmatic and solutions focused.’

      Malcolm Hitching’s knowledge and experience has been instrumental. He has provided a top-quality service and is a pleasure to work with.’

      Malcolm Hitching – able to bring clarity and precision to a complicated deal structure and navigate through issues. In particular, he has a strong ability to simplify difficult concepts.’

      The responsive and commercial Andrew Perkins is a highly skilled lawyer with a wealth of acquisition finance experience.’

      The hard working and responsive Kirstie Hutchinson is able to deal with complex financings and has excellent technical knowledge.’

      Key clients

      Binder Beteiligungs

      KPS Capital Partners

      Siris Capital

      Epiris Fund II / Epiris LLP

      Epiris Managers LLP

      nGAGE Specialist Recruitment

      August Equity LLP

      H2 Equity Partner

      Work highlights

      • Advised Binder Beteiligungs on the multi instrument debt structures to facilitate its acquisition of the BSW Group, the UK’s largest integrated forestry and saw milling business.  
      • Advised KPS Capital Partners, on English law aspects of the financing of its €2.25bn acquisition of the European tinplate business of New York-listed Crown Holdings Inc.
      • Advised Siris Capital on its $805m and £200m First Lien Credit Agreement and $350m Senior Secured Notes issuance, entered into to finance the takeovers of Equiniti Group plc, a UK listed company, and AST, a US group.

      Finance > Derivatives and structured products Tier 3

      Macfarlanes LLP has ‘a fantastic team that is very responsive and consistently high-quality, with real first-hand knowledge of both buy-side and sell-side matters‘. Clients describe the practised as ‘commercial, practical, prompt, and sensibly-priced‘. The firm, which climbs the ranking this year, has a market-leading buy-side practice, spanning prime brokerage, derivatives, repos, clearing and debt trading, for the largest and most sophisticated funds. It has notable expertise in innovative and highly complex transactions, frequently involving fund-based structures. Practice head Will Sykes is ‘very smart and analytical and also sensible and pragmatic‘. Chris Acton advises hedge funds, managed account platforms and proprietary trading houses, on prime brokerage, derivatives and derivative regulation in Europe; clients remark that he is ‘particularly good at the commercial points that really matter‘. ‘His advice is to-the-point, focused and practical‘, say clients of senior counsel Rob Daniell.

      Practice head(s):

      Will Sykes

      Other key lawyers:

      Chris Acton; Rob Daniell; Christine Long

      Testimonials

      ‘Commercially pragmatic, straightforward and easy to work with, excellent value for money.’

      ‘In this area Macfarlanes have unique insights into what buy-side clients should really care about. They have deep knowledge of derivative contracts and prime brokerage arrangements. There are very few areas in this space that do not have extensive experience.’

      ‘Chris Acton is particular good at the commercial points that really matter. He is able to break down legal documentation and condense the key points that are important so we spend the time on those points and don’t waste time on less valuable points. He is very pragmatic and commercial.’

      ‘Responsive team that is well resourced at the senior end to provide specialist advice on technical legal questions. Great knowledge of derivatives regulation and market practice.’

      ‘Chris Acton – very responsive and client focussed; Robert Daneill – great technical knowledge; Christine Long – great technical knowledge.’

      ‘The derivatives practice at Macfarlanes provides an efficient, strong and supportive partnership for our many funds, it really understands our organisation’s nuances, risk strategies and priorities.’

      ‘Their project management capabilities are exceptional, they staff the relevant teams well and at the appropriate level using partners as oversight in the proper manner to manage costs. They are extremely collaborative and a pleasure to work with and thrive on supporting an innovative project.’

      Key clients

      BT Pension Scheme Trustees Limited

      Man Group plc

      Goldman Sachs

      Tesco Pension Investments

      Hayfin

      Work highlights

      • Advising a key client in relation to its Phase 5 initial margin (IM) obligations.
      • Advise the client’s Prime Brokerage & Trading Legal team on the opening and expansion of trading lines, and on special projects relating to derivatives and related regulation.
      • Advice on derivatives and trading matters for this £20bn pension scheme, covering hedging products, advice on repos and equity derivatives.

      Investment fund formation and management > Hedge funds Tier 3

      Macfarlanes LLP is most focused on advising start-up managers, bringing together funds expertise with strong practitioners in the tax department. The group is particularly adept with alternative credit funds, where it advises large European credit managers with fund stables including liquid alternative credit products. The team is noted for its fund formation work, in particular pertaining to hybrid hedge funds. The overall funds team is led by Stephen Robinson , while Sam Brooks heads the hedge funds sub-group. Associate Emma Garnham is increasingly known for advising on structuring and regulation of hedge funds.

      Practice head(s):

      Stephen Robinson

      Other key lawyers:

      Testimonials

      This practice advises on a broad range of hedge funds matters and also works seamlessly with other practice groups within the firm, to provide clients with comprehensive advice across all aspects of law that is relevant to hedge funds.’

      The Macfarlanes hedge fund team is great to work with; they are collaborative and are solid across all investment strategies, and particularly credit. What’s more, they have the backing of solid teams in other areas (tax, derivatives etc) to support their practice. They stand out as being a very bright bunch in the market and a really nice team.’

      Sam Brooks stands out as being particularly visible and engaged on files (but not in a way that is in any way over the top), which gives a lot of reassurance.’

      There is a real “can do” energy, with the client being put first – no matter what the assignment is, the team are always on top of the work flow, finding intelligent but practical solutions and ensuring all deadlines are met. I cannot think of a single example where the team have not exceeded expectations and generated real value.’

      Investment fund formation and management > Private funds Tier 3

      Macfarlanes LLP wins praise from clients for its ‘technically extremely able and highly commercial’ approach to fund formation, with the team’s ability to provide tax and regulatory advice particularly valued by fund managers. The practice is noted for its strength in credit and special situation funds, where it is engaged on billion-pound fundraisings, and is also regularly engaged by growth and impact fund managers. Practice head Stephen Robinson offers ‘an excellent, client driven service’ alongside Harriet Miller, while Sam Brooks specialises in credit funds and is ‘knowledgeable and incredibly easy to work with’. Christopher Good and Alex Amos are also key partners in the team; Good focuses on PE funds, while Amos’ work predominantly involves credit and real estate.

      Practice head(s):

      Stephen Robinson

      Other key lawyers:

      Christopher Good; Alex Amos; Harriet Miller; Sam Brooks; Sweta Tandle; Henry Stewart-Brown

      Testimonials

      ‘Technically extremely able and highly commercial. They are meticulous in keeping on top of all matters on a fund close and making sure nothing is missed. Always a reliable and trusted advisor. Great strength across all key areas of unregulated funds – including tax and regulatory.’

      ‘The team has good strength in depth and excellent engagement from partner level down to associate. We lean on Macfarlanes and the private funds team extensively for market insight and to ensure we remain cutting edge on both our fund structures and fund terms.’

      ‘The teams have provided exceptional service over the last few years with respect to our two funds and credit facilities to go with them. They are concise and clear in their communications with us which allows the team to trust in the process being undertaken.’

      ‘Very active in the mid-market, this busy team continues to impress with a stream of quality instructions. Recognised as a top notch operation with an enviable client list, they seem to have created clear water between them and others who may be chasing to get into that space. We see a lot of funds teams in action, and would rank Macs in the top pack.’

      ‘Sam Brooks is knowledgeable and incredibly easy to work with. He very quickly understands our requirements and how to make our vision a reality in the documents. He is also excellent in guiding us on what may be market standard and what might be pushing the boundaries and we rely on that market knowledge a lot in our fund launch process.’

      ‘Stephen Robinson is always available, always able to offer appropriate challenge and advice; and he is ably supported by strong senior/partner level colleagues and also a strong more junior team, within which Henry Stewart-Brown always goes that extra mile for us, all for a very reasonable cost.’

      ‘Chris Good is an excellent listener, solution driven, available when needed.’

      ‘Stephen Robinson and Harriet Miller provide an excellent, client driven service.’

      Key clients

      Hayfin

      Abrdn

      17Capital

      Alcentra

      Warwick Capital Management

      Signal Capital Partners

      Apache Capital

      August Equity

      Circularity Capital

      Growth Capital Partners

      Scottish Equity Partners LLP

      SV Health Investors

      Signal Capital Partners

      Octopus Investments

      Muzinich & Co. Limited

      Work highlights

      • Advised 17Capital on the raising of 17Capital Fund 5 which closed at $2.9bn.
      • Advising circular economy growth investor Circularity Capital on its latest fund, Circularity European Growth Fund II (CEGF II), which has successfully held an oversubscribed final closing at €215m.

      Investment fund formation and management > Real estate funds Tier 3

      Macfarlanes LLP‘s private equity real estate team is co-headed by Robert Porter and investment management lead Alex Amos. The team’s recent workload has consisted in large part of property income focused structures. The team assists its high-profile clients on high-value onshore and offshore, closed and open-ended funds, on various aspects, including their formation, acquisition, management and disposal. Further, the team assists clients in navigating increasingly prominent sustainability-focused ESG principles, creating new or adapting existing funds to meet them. Nicole Mitchell is a key member of the team, developing a particular specialism in real estate funds.

      Practice head(s):

      Robert Porter; Alex Amos

      Other key lawyers:

      Lora Froud; Nicole Mitchell; Andrew Hughes

      Testimonials

      ‘Practical and prompt legal advice from the retail/regulatory funds team at Macfarlanes, over the course a protracted project. The Macfarlanes team were honest about when we needed to make decisions and reformulate our questions in order to use their resource most efficiently.’

      ‘Great quality advice – prompt and commercial – a very knowledgeable team. They are happy to work to fee caps and we’re happy with their billing (they frequently pick up out of scope work at no extra cost).’

      ‘Macfarlanes independence means they are uniquely positioned in the London real estate market to provide commercial, tailored advice to a range of clients.’

      Lora Froud is delightful – very friendly, approachable and supportive to our team and me personally, in a new role as I was finding my feet.’

      ‘Alex Amos is an exceptional real estate partner, who’s knowledge of the funds industry is a real asset to all of his clients.’

      Key clients

      Ergo Real Estate

      Legal & General

      Apache Capital

      Venn Partners

      Cale Street

      NatWest Group Pension Fund

      Signal Capital

      Octopus Investments

      Work highlights

      • Advising on a 15-year joint venture with financial services company Legal & General which will invest £500m of equity to build net-zero carbon, later living communities developed and operated by Inspired Villages.
      • Advising Signal Capital on a joint venture with Santander Asset Management to establish Signal Santander European Hospitality, an investment fund aimed at investing in hospitality assets in Iberia and Southern Europe
      • Advising a sovereign wealth investor in relation to a significant commitment to AXA Investment Managers’ €1.9bn fund focusing upon European life sciences real estate.

      Real estate > Commercial property: corporate occupiers Tier 3

      Macfarlanes LLP acts for clients across the logistics and life sciences sectors on redevelopment and urban regeneration projects, and has demonstrable experience in cross-border commercial and residential property transactions, including mandates pertaining to build-to-rent, private rented sector and student accommodation. ‘First-class practitionerAnthony Burnett-Scott, who advises on mixed-use developments, jointly leads the real estate practice alongside ‘affable partnerClare Breeze, who acts for international investors in commercial property and financing matters, as well as joint ventures. In the corporate occupier space, the practice acts for professional services, retail and media occupiers on relocation projects, acquisition of new premises, disposal of excess space and management of existing premises. Well-placed to advise on the real estate aspects of high-value corporate transactions, the team’s workload relating to private equity real estate continues to grow.

      Practice head(s):

      Anthony Burnett-Scott; Clare Breeze

      Other key lawyers:

      Tom Pedder; Dan Marriott; Nick Barnes

      Key clients

      Derwent

      Stanhope

      Legal & General

      The Economist

      Omnicom

      ITN

      Wilkie Farr

      Norton Rose Fulbright

      Lexington Partners UK LLP

      Parkdean Resorts

      Work highlights

      • Acted for Permira Credit Limited in respect of its letting of 2nd Floor, 100 Pall Mall, London SW1.
      • Advised Ekistics Property Advisors on their acquisition of 19-20 St James’s Street, a multi-let office and retail property in the heart of St James’s.
      • Advised KPS Capital Partners, LP on the English property aspects of their acquisition of the European tinplate business of Crown Holdings Group.

      Real estate > Construction: contentious Tier 3

      Macfarlanes LLP offers expertise in advising on technically complex design and construction disputes; the team is regularly involved in cases concerning defects, delay and extension, as well as final account related matters. The team has particularly strong experience of PFI-related disputes, as well as commercial real estate matters. Doug Wass leads the team, with substantial experience in advising on PFI disputes, including on hospital, government institutions, schools and universities, and waste-to-energy matters. Mark Lawrence is experienced in infrastructure, fire safety, and cladding disputes, both domestically and international. Meanwhile, Andy Mather focuses on substantial office, hotel, and ultra-prime residential developments.

      Practice head(s):

      Doug Wass

      Other key lawyers:

      Mark Lawrence; Andy Mather

      Key clients

      Aggregate Industries

      Argan, Inc/Atlantic Projects Company

      Auriens

      Brookfield

      Canary Wharf

      Catalyst Healthcare (Manchester) Limited

      Concord Pacific

      European Land

      Grove Developments Limited

      Global Switch

      InfraRed Capital Partners

      Lancashire Schools SPC Phase 1 Ltd

      Legal & General

      Omnicom

      Portsmouth Naval Base

      Realstar

      St James’s Oncology SPC Ltd

      Stanhope

      Weston Homes

      Work highlights

      • Acting for St James’s Oncology SPC Ltd in multi-party High Court proceedings in relation to defects in the design and construction of oncology facilities at Europe’s largest teaching hospital, St James’s University Hospital, Leeds.
      • Acting for Global Switch in a series of complex adjudications and High Court proceedings against a contractor in relation to the design, construction and fit out of a data centre in London.
      • Acting for Lancashire Schools SPC Phase 1 Ltd in multi-party High Court proceedings in relation to various claims arising out of defective design and construction work carried out in the provision of additional accommodation at a number of schools in Lancashire under the Building Schools for the Future PFI project.

      Real estate > Construction: non-contentious Tier 3

      As primarily a developer-based practice, Macfarlanes LLP advises on commercial and residential development projects for investors, owners, lenders, and art institution clients. Its areas of expertise include build to rent, offices, hotels and leisure, and infrastructure and regeneration mandates. It also has a growing practice for alternative asset classes, including life sciences, logistics, and film studios. Angus Dawson heads the team, advising on a broad array of non-contentious matters, including procurement strategies, building contracts, consultant appointments, warranties, and third party rights.

      Practice head(s):

      Angus Dawson

      Other key lawyers:

      Rhadika Shah

      Key clients

      Brookfield

      Canary Wharf

      Catalyst Healthcare (Manchester) Limited

      CIT

      Global Switch

      Legal & General

      Omnicom

      Realstar

      Stanhope

      The Ritz Hotel

      Work highlights

      • Advised Legal & General on various projects.
      • Advised Realstar on the sale of a £750m portfolio of eight build-to-rent and student accommodation properties to QuadReal Property Group. This is a landmark portfolio deal for build-to-rent assets in London.
      • Advising The Ritz Hotel (London) Limited on the extensive refurbishment of the hotel, requiring sensitive treatment of the historic building. The project requires careful consideration of procurement arrangements in what will be a complicated renovation.

      Real estate > Property finance Tier 3

      Macfarlanes LLP‘s real estate finance team is led by the ‘brilliant lawyer‘ Colin Morgan, who advises senior and mezzanine lenders, borrowers and developers on property investment and development, as does Laura Bretherton. The group is adept at handling high-value and complex transactions and LIBOR transitions for lenders and borrowers, often involving the private rented sect, build-to-rent and hotels. Sustainable lending is also an increasing focus of the group. Christine Dowdall, Clare Breeze and Jatinder Bains are also key team members.

      Practice head(s):

      Testimonials

      ‘Very professional, well informed, technically strong and reliable team. Always seek to deliver and always meet deadlines. Very high quality across all the team. Easy to deal with.’

      ‘They excel at coordinating transactions involving multiple jurisdictions with other legal counsel and compiling advice therefrom in order to deliver a unified legal advice to their client.’

      ‘Their outstanding work product stems from their capacity to analyse, dissect and understand any matters which arise in the context of a transaction and their unique ability to provide exceptional legal advice to their clients in relation to such issues in order to safeguard both their interests and the transaction as a whole.’

      ‘The Macfarlanes property finance team is very responsive, proactive and collaborative across specialties. No transaction is too complex for them, and they have a solid handle on market trends across sectors. The client experience is seamless.’

      ‘Laura Bretherton’s client service-oriented approach inspires complete confidence at every step through a transaction. She provides advice clearly and confidently. Laura is also a lovely person to deal with personally day-to-day, and as a result she seems to effortlessly form solid working relationships across deals.’

      ‘Jat Bains knows the debt market inside out; he’s an excellent principle advisor.’

      ‘Colin Morgan is a brilliant lawyer. He has a deep knowledge of the law and of the market trends which make him extremely capable of tackling complicated matters arising in the context of a transaction and giving precise legal advice to his clients in order to find the best alternatives to such issues.’

      ‘Christine Dowell is personable and extremely easy to work with. She is quick and intelligent, and her deep knowledge of the law makes her contributions to transactions invaluable. She has a clear and bright mind, she is creative, and she is also efficient and reliable.’

      Key clients

      Realstar Capital

      CHR London Limited

      Data4 Group

      Oversea-Chinese Banking Corporation Limited

      Arora

      Legal & General

      One New Fetter Lane Limited

      ARA Venn

      M7 Real Estate Limited

      Supermarket Income REIT plc

      Work highlights

      • Advising OCBC on the transition of its entire UK real estate loan book from LIBOR to SONIA as the revised reference rate for each of those loans upon the discontinuation of LIBOR at the end of 2021.
      • Advising CHR on the £76m development financing arranged by Precis Capital for the development of Empire House, a vacant office block on Chiswick High Road comprising with housing 137 homes.
      • Advising Data4 on its historic €620m debt financing to support its pan-European growth plan.

      Real estate > Residential property Tier 3

      Under the leadership of Clare Breeze  the team at Macfarlanes LLP  is well-placed to advise private clients in connection with all their property needs ranging from the sale, purchase and refurbishment of prime central London houses to the forward purchase of bespoke luxury houses. Other core areas of expertise include advising on all issues relating to the enlargement and restoration of prestigious country estates. Senior associate Helen Simmons and associate Penny Cox are also recommended. Senior counsel Helen Sculthorpe joined the practice from Farrer & Co.

      Practice head(s):

      Clare Breeze

      Other key lawyers:

      Testimonials

      ‘Macfarlanes remains one of the most respected teams in the market, with its private client team pre-eminent. Claire Breeze is exceptional and incredibly responsive’.

      Penny Cox is commercial and has a great “bedside manner” while getting her point across with gravitas. She is persuasive and always considers the options and thinks before advising‘.

      ‘Comprehensive in terms of service line offering and very high level of expertise. Penny Cox in particular consistently the high level of service one would expect from a firm like Macfarlanes. She is responsive, pragmatic and progressive in her attitude’.

      Corporate and commercial > Equity capital markets – small-mid cap Tier 4

      The Macfarlanes LLP ECM practice is co-led by Robert Boyle, who advises on a range of corporate transactions, particularly for listed clients; and Richard Burrows, whose experience covers capital markets transactions, public takeovers, private capital raisings and private acquisitions.

      Practice head(s):

      Robert Boyle; Richard Burrows

      Corporate and commercial > Partnership Tier 4

      At Macfarlanes LLP Jessica Adam  heads the team with Hayley Robinson  advising on related employment matters. The team advises on various corporate matters and partnership exits or mergers in addition to related commercial issues. Mark Baldwin  advises on tax and reward issues, often assisting clients in the legal and financial services sectors on partner remuneration and disputes with HMRC.

      Practice head(s):

      Jessica Adam

      Other key lawyers:

      Haley Robinson; Mark Baldwin

      Work highlights

        Employment > Employers Tier 4

        Macfarlanes LLP excels in handling reputationally-sensitive issues and business-critical litigation. Large corporate transactions involving substantial workforce restructurings and HR issues generated by Covid-19 continues to be the other areas of focus. The firm displays familiarity in asset management, financial services, hospitality and issues involving partnership law. Hayley Robinson and Seán Lavin are the lead partners.

        Practice head(s):

        Hayley Robinson

        Other key lawyers:

        Testimonials

        ‘The team are very responsive and know our business well. They feel like an extension of our HR function and are very much trusted advisors.’

        ‘Thoughtful and reflective but commercial in application. Able to apply creative and pragmatic solutions to situations.’

        ‘Sean Lavin warrants particular mention, he provided helpful challenge and insightful comment and is well versed in the nuances of individuals in PE industry and associated practices.’

        ‘True experts in dealing with complex and high value civil litigation as well as associated regulatory and reputational issues and risks, particularly in the financial services and related sectors.’

        ‘The strength of the employment team is in its depth of experience and expertise at every level and being well led by its partners.’

        ‘Sean Lavin – seen it all, done it all, unflappable, great client skills and great to work with.’

        ‘Hayley Robinson – excellent judgment, on top of the detail.’

        ‘Attention to detail, specialist knowledge of the financial and related markets, tactically astute and with an effective collegiate approach, all being core to the teams handling of litigation.’

        Finance > Bank lending: investment grade debt and syndicated loans Tier 4

        Although it remains best known for its mid-market leveraged finance offering, Macfarlanes LLP also ‘has demonstrable expertise in investment grade and syndicated financings’ for a borrower focused client base. In this regard, the ‘very knowledgeable and commercial’ Kirstie Hutchinson has considerable experience advising public limited companies on their corporate lending requirements. Head of the banking and finance team, Andrew Perkins ‘is a highly skilled lawyer with a wealth of experience’, including in relation to fund finance matters.

        Practice head(s):

        Andrew Perkins

        Other key lawyers:

        Kirstie Hutchinson; Malcolm Hitching; Adam Caines

        Testimonials

        The team consistently delivers such a high standard of work and their commercial approach and industry knowledge are first class.’ 

        They have excellent technical knowledge and are always a pleasure to work with.’

        The team has demonstrable expertise in investment grade and syndicated financings.’

        ‘The lawyers are very responsive, provide concise and commercial advice and consistently deliver to expectations; they are a very reliable and highly skilled set of lawyers.’

        ‘The lawyers are very friendly, down to earth and empathetic.’

        Andrew Perkins is a highly skilled lawyer with a wealth of experience. He takes a pro-active role on deals, is responsive and provides clear, commercial advice.’

        ‘Kirstie Hutchinson is able to deal with complex financings with ease and has excellent technical knowledge.’

        ‘Kirstie Hutchinson is very knowledgeable and commercial.’

        Key clients

        Jazz Pharmaceuticals

        Panmure Gordon (UK) Limited

        Travelport Limited

        XPS Pensions Group PLC

        Peel Hunt

        The William Pears Group

        Hyve Group Plc

        Stonehage Fleming & Family Partners Limited

        Redde Northgate PLC

        Work highlights

        • Advised the Jazz Pharmaceuticals group on its $3.6bn and €625m credit facility and its $1.5bn issuance of senior secured notes, entered into to finance the group’s $7.2bn takeover of GW Pharmaceuticals plc, an English plc publicly listed in the US.
        • Advised Panmure Gordon (UK) Limited on its role as financial adviser to Tosca IOM Limited on its £1.1bn offer for Talktalk Telecom Group plc.
        • Advised Travelport Limited in connection with the English law aspects debt restructuring, involving a new priority lien facility and an amendment to an existing first lien facility made available to the Travelport Group.

        Finance > Corporate restructuring & insolvency Tier 4

        Under the guidance of the 'responsive and very innovative' Jat Bains, Macfarlanes LLP has developed a reputation for insolvency and restructuring work, recognised for its capacity to provide 'technically strong' advice, including on matters with limited precedents. An increasing amount of this work is generated as a result of its strong fund relationships, including for turnaround investors and hedge funds, as well as credit funds. 'Definitely a rising star in the industry', Paul Keddie is 'commercial and totally current with his knowledge', ensuring that he is a popular choice among a range of stakeholders, including on matters with significant cross-border implications.

        Practice head(s):

        Jat Bains

        Other key lawyers:

        Paul Keddie; Simon Beale

        Testimonials

        Responsive, very affable and technically strong.’

        An excellent team that is innovative, responsive and keen to assist even on transactions that have limited precedents.’

        The team is very professional and ready to respond quickly to all customer needs. They work in close contact with other departments allowing very integrated assistance for the most complex issues.’

        The excellent Jat Bains is responsive and very innovative. He is a fantastic professional to work with. He gets his clients’ requirements and brokers solutions.’

        ‘Paul Keddie is commercial and totally current with his knowledge. He  is particularly up to date on industry trends and has excellent experience on cross-border operations.’

        Key clients

        Buzz Bingo

        Creative Artists Agency, LLC

        Interpath

        FRP Advisory

        Teneo

        Work highlights

        • Advised the monitors of moratoria in relation to certain companies within the Corbin & King group, owners of notable restaurants including the Wolseley and the Delaunay.
        • Advised CAA, a leading global entertainment and sports agency, on its acquisition of CAA-GBG, one of the world’s leading brand management agencies.
        • Following the two CVAs to restructure Buzz Bingo which Macfarlanes advised on in 2020, the firm continues to advise Buzz Bingo, the UK’s largest omni-channel bingo business.

        Finance > Securitisation Tier 4

        Macfarlanes LLP is ‘very nimble and efficient, and great ability to understand and focus on clients’ priorities‘. The firm is sought after for its ‘deep knowledge of the private ABS warehouse market‘, though it is active across a range of instruments, among them CMBS, RMBS, CLOs and receivables financing. Head of structured finance and securitisation Richard Fletcher is the lead partner and clients remark that he is ‘excellent at planning the legal documentation journey, identifying and flagging potential issues early to ensure smooth execution‘. Scottish-qualified senior associate Ryan Moore also plays a major role in the practice.

        Practice head(s):

        Richard Fletcher

        Other key lawyers:

        Testimonials

        ‘Very nimble and efficient, and great ability to understand and focus on clients’ priorities, which in turn leads to cost-effectiveness. Richard Fletcher Ryan Moore stand out.’

        ‘Strong knowledge base from partners and associates. Willingness to explore ideas to solve complex issues. Partner involved throughout.’

        ‘Strong knowledge base with willingness to explore new ideas. Early feedback on what is possible and what isnt. Richard Fletcher is excellent at planning the legal documentation journey, identifying and flagging potential issues early to ensure smooth execution.’

        ‘Marclanes and Richard Fletcher in particular have a deep knowledge of the private ABS warehouse market. The team has a good bench strength and provide a great legal expertise and excellent transaction services.’

        ‘Richard Fletcher is very, very sharp on both the legal issues and commercially. As a partner he also demonstrates a very strong ability to know when he needs to step in or when his very capable associates should be taking matters forward.’

        ‘Partner led advice with the ability to work across different asset classes.’

        ‘Excellent understanding of the requirements of the client and how the structuring could be moulded accordingly to our needs.’

        ‘Richard Fletcher understood our initial proposals and was able to advise accordingly as to multiple options. When we did decide to proceed he was excellent in guiding negotiations and showed a deep understanding of the asset class that was highly welcome.’

        Key clients

        Venn Partners LLP (trading as ARA Venn)

        Work highlights

        • Advising ARA Venn in relation to the inaugural issuance of bonds under the £3,000,000,000 bond programme established in 2021 by Saltaire Finance Limited, the proceeds of which are applied towards the delivery of cost-effective long-term loans to registered providers of affordable homes.

        Real estate > Environment Tier 4

        Macfarlanes LLP’s environmental team is led by ‘knowledgeable and approachable’  Nigel Price, who has experience advising clients on transactions, regulatory issues and disputes. It advises clients across the corporate/PE, real estate, funds, financial services, private client and infrastructure sectors. The team regularly works on high-profile commercial development matters and has recently seen an increase in work related to ESG investments. The group wins praise from clients for its ‘constant attention to detail’ and ‘wealth of experience in environmental law’.

        Practice head(s):

        Nigel Price

        Testimonials

        ‘There is a constant attention to detail and liaison/communication which results both in a high quality service to the client but also smooth running of a project. Individuals are approachable.’

        ‘Nigel Price stands out as a key individual in the practice. He is both knowledgeable and approachable and a pleasure to work with. His key attention to detail and client service are both exceptional.’

        ‘Wealth of experience in environmental law. Reliable. Extremely responsive’

        ‘Nigel Price is very calm, experienced, extremely knowledgeable and knows all the tricks of the trade!’

        ‘Nigel Price is very analytical, whilst providing user-friendly and commercially minded advice, easy to cooperate with and has great communication skills.’

         

        Key clients

        Binderholz

        Apollo

        KPS Capital Partners

        The William Pears Group

        Legal & General

        Berkeley Group (including St William)

        Parkdean Resorts

        Avant Homes

        BAE Systems

        Greenergy

        Work highlights

        • Advised on the acquisition of BSW Group, the UK’s largest integrated forestry and sawmilling business, including overseeing and advising on the environmental aspects of this transaction. Macfarlanes advises Binderholz on acquisition of BSW Group from Endless LLP – Macfarlanes
        • Advised in connection with the acquisition of Miller Homes, one of the UK’s leading housebuilders, continuing our involvement working on such transactions in this sector.
        • Advising on numerous of its projects involving redevelopment of brownfield land (former gasworks), now fully owned by Berkeley which acquired National Grid’s stake in the business.

        Corporate and commercial > Financial services: non-contentious/regulatory Tier 5

        Macfarlanes LLP is particularly accomplished in the asset and wealth management, fintech, corporate finance and mortgage fields. Practice head Alexandra Green is a specialist in new product and service launches, perimeter questions, regulatory developments and anti-money laundering obligations.

        Practice head(s):

        Testimonials

        ‘We have been working with Macfarlanes for over a decade. Macfarlanes continues to provide good, reliable and consistent advice to us in the area of real estate financing and regulations.’

        ‘Alexandra Green has been responsive to us. Her fees and turnaround time are fair.’

        ‘Commercially practical, good response time.’

        ‘They understand all issues and questions that we have straight away and provide pragmatic advice and they explain everything in a very clear manner. They are extremely well experienced in the financial services/ regulatory area, so their knowledge is exceptional. The Team is extremely professional and always very helpful.’

        ‘We work with partner Alexandra Green, and it has been a great pleasure. She is very responsive, helpful, and exceptionally well experienced. She sees the entire picture and is always able to highlight the most important points. Her advice and comments on the contracts are straight to the point (no unnecessary back and forth). She is always ready to help, even with limited time. Each conversation with her is always very useful. One of the best lawyers I have ever worked with.’

        Key clients

        Alchemy

        JC Flowers

        Hayfin

        Legal & General

        Lindsell Train

        Quilter

        Siris

        Lord Oates

        The Investment Association

        Stonehage Fleming

        Work highlights

        • Advised leading independently owned international multi-family office Stonehage Fleming on the regulatory aspects of the acquisition of the Private Client Services business of Maitland.
        • Working with the Investment Association in relation to the Financial Services Compensation Scheme (FSCS) rules.
        • Advised Alchemy on the regulatory aspects of a number of transactions.

        Corporate and commercial > Private equity: transactions – high-value deals (£250m+) Tier 5

        Offering clients ‘excellent service’ and a ‘partner-led approach’, Macfarlanes LLP has a broad private equity practice encompassing buyouts, portfolio company M&A and advising management teams on exits to private equity and management equity plans. The group, led by Alex Edmondson, draws on its experience in this space to handle complex transactions, such as public-to-private carveouts. Other key figures in the team include Jessica Adam, who often takes the lead representing management teams, Stephen Drewitt, Stephen Pike and Justin Hope. Alex Green is also praised as a ‘trusted adviser’.

        Practice head(s):

        Alex Edmondson

        Testimonials

        ‘Our go-to firm for transaction work, where we can rely on their excellent service and value their partner-led approach.’

        ‘In particular Alex Green is a stand-out partner. A trusted adviser who brings commercial perspective as well as technical expertise, unflappable under pressure, and runs an efficient process.’

        ‘The team consistently provides excellent service regardless of the circumstances. It has the capacity to work on extremely complex matters under pressure and produce terrific outcomes for us.’

        ‘The partners we work with all have terrific problem solving capabilities, commercial, very thoughtful, have extremely good drafting skills (often a rarity these days) and give proper advice and don’t just follow instructions.’

        Key clients

        J.C. Flowers & Co

        Exponent Private Equity LLP

        Alchemy

        H2 Equity Partners

        Waterland Private Equity Investments

        Caledonia Investments plc

        Charme Capital Partners

        KPS Capital Partners

        Epiris

        GHO Capital

        Graphite Capital

        Hayfin Capital Management

        Wellspring Capital

        August Equity

        Partners Group

        Duke Street

        Apollo

        Work highlights

        • Advising private equity firm J.C. Flowers & Co (JCF) on the sale of its shares in direct-to-consumer investing platform Interactive Investor to abrdn, one of the largest European investment and wealth managers, for approximately £1.49bn.
        • Advising Waterland Private Equity Investments on its acquisition of Priory Group, a provider of behavioural healthcare services in the UK, from Acadia Healthcare Company Inc.
        • Advising KPS Capital Partners on the €2.25bn acquisition of European tinplate business from Crown Holdings Inc.

        Employment > Immigration Tier 5

        Personal tax expert Edward Reed leads Macfarlanes LLP‘s immigration practice, where he is especially noted for his work advising internationally mobile families. The team acts for a range of corporate clients, providing broad support including sponsor licence application management and transaction and compliance advice. Senior solicitors Tom Marsom and Jessica Yu sit at the heart of the firm’s immigration offering, with specialist experience including post-Brexit planning and M&A transactions.

        Practice head(s):

        Edward Reed

        Other key lawyers:

        Testimonials

        ‘Macfarlanes is a firm that differentiates itself from its peers by offering bespoke services which are tailored to the uniqueness of its clients.’

        ‘Jessica Yu provides a standout service. She empathises with her clients, assimilates their requirements and translates to a clear legal path. She communicated frequently and clearly throughout our engagement and returned our confidence to get to an outcome which we thought was not possible. Would work with her again and again.’

        ‘They are high-end and provide an excellent service to their clients.’

        ‘Tom Marsom is extremely responsive and knowledgeable.’

        Macfarlanes is a distinctive London-based law firm with a unique combination of services built and shaped around the needs of its clients. The firm’s unrivalled blend of expertise, agility and culture means it has the flexibility to meet their most challenging demands and adapt to the changing world. While many of its services can be found at other firms, the mix cannot.

        The firm works on an international basis with the top independent law firms around the world. This strong international network gives clients choice and enables the firm to provide them with the highest possible level of service.

        The firm recruits people to build careers for the long term. They know each other personally which means the firm works together with more cohesion, and less formality. Its culture is thoughtful, challenging and supportive, and it is a place where everyone, at whatever level, can thrive.

        DepartmentNameEmailTelephone
        Senior partner Sebastian Prichard Jones
        Managing partner Luke Powell
        Commercial, brands and IP Malcolm Walton
        Competition Malcolm Walton
        Construction & engineering Angus Dawson
        Corporate and M&A Howard Corney
        Derivatives & trading Will Sykes
        Employment Hayley Robinson
        Finance Andrew Perkins
        Financial services regulation Alexandra Green
        Insurance Andrew Barton
        Investment management Stephen Robinson
        Lawtech Christopher Tart-Roberts
        Litigation and dispute resolution Matt McCahearty
        Pensions Camilla Barry
        Private client Piers Barclay
        Private equity Alex Edmondson
        Real estate Clare Breeze
        Restructuring and insolvency Jat Bains
        Tax and reward Damien Crossley
        PhotoNamePositionProfile
        Christopher Acton photo Christopher ActonChris advises hedge funds, managed account platforms and proprietary trading houses, on…
        Jessica Adam photo Jessica AdamJessica works for a range of clients from private equity houses and…
        Alexander Amos photo Alexander AmosAlex advises a wide range of asset managers and investors on the…
        Jonathan Arr photo Jonathan ArrHe acts for high-net-worth individuals from the UK and around the world,…
        Emma Bailey photo Emma BaileyEmma undertakes a broad range of corporate work across private equity, domestic…
        Jat Bains photo Jat BainsJat is head of the restructuring and insolvency group. He specialises in…
        Mark Baldwin photo Mark BaldwinMark’s practice spans a broad spectrum of corporate tax work. His particular…
        Peter Baldwin photo Peter BaldwinPeter specialises in advising clients on a broad range of innovative special…
        Piers Barclay photo Piers BarclayPiers is the head of private client. Piers specialises in succession, tax…
        Nick Barnes photo Nick BarnesNick has experience of a broad range of commercial real estate work,…
        Camilla Barry photo Camilla BarryCamilla advises corporate groups, trustees and insurers on all aspects of UK…
        Andrew Barton photo Andrew BartonAndrew is a corporate insurance lawyer with expertise in a wide range…
        Rasmus Berglund photo Rasmus BerglundRas is a partner in the remuneration practice. With more than 15…
        Neill Blundell photo Neill BlundellNeill is head of the firm’s corporate crime and investigations practice. He…
        Robert Boyle photo Robert BoyleRobert is active in all fields of corporate law, advising on a…
        Clare Breeze photo Clare BreezeClare is a partner and head of the real estate group. Clare…
        Laura Bretherton photo Laura BrethertonLaura advises sponsor, lender and borrower clients on a range of real…
        Sam Brooks photo Sam BrooksSam primarily represents sponsors of both closed-ended and open-ended alternative investment funds,…
        Anthony Burnett-Scott photo Anthony Burnett-ScottAnthony is a partner in the real estate group. He has a…
        Richard Burrows photo Richard BurrowsRichard has a broad practice across all fields of company and corporate…
        Adam Campbell photo Adam CampbellAdam works for a wide range of clients from private equity houses,…
        Christopher Charlton photo Christopher CharltonChris specialises in complex commercial litigation and arbitration, particularly disputes regarding financial…
        Alexandra Cochrane photo Alexandra CochraneAlexandra advises clients on all aspects of work relating to investment funds,…
        Harry Coghill photo Harry CoghillHarry has broad transactional experience in public and private M&A, equity capital…
        Robert Collard photo Robert CollardRob specialises in employee share schemes and incentives and heads up the…
        Joanna Constantis photo Joanna ConstantisJoanna has extensive experience in a range of contentious matters for both…
        Howard Corney photo Howard CorneyHoward heads the firm’s mergers and acquisitions group. He undertakes a broad…
        Oliver Court photo Oliver CourtOliver advises individuals, families and trustees based in the UK and abroad…
        Damien Crossley photo Damien CrossleyDamien is head of the tax and reward group. He specialises in…
        Dominic Cunliffe photo Dominic CunliffeDominic works exclusively on commercial real estate transactions and specialises in both…
        Robert Daniell photo Robert DaniellRob specialises in derivatives, securities finance and prime brokerage. He has considerable…
        Angus Dawson photo Angus DawsonAngus is head of the non-contentious side of our construction and engineering…
        Simon Day photo Simon DaySimon specialises in competition litigation and other complex multiparty disputes, and has…
        Elizabeth Doherty photo Elizabeth DohertyElizabeth specialises in international contentious trust, probate and succession disputes and related…
        Barry Donnelly photo Barry DonnellyBarry has more than 30 years’ experience in international disputes and investigations,…
        Sophie Donnithorpe-Tait photo Sophie Donnithorpe-TaitSophie is a partner in our tax group. Sophie advises on all…
        Christine Dowdall-Platt photo Christine Dowdall-PlattChristine advises borrowers and lenders on a range of domestic and cross-border…
        Stephen Drewitt photo Stephen DrewittStephen specialises in private equity, acting predominantly for private equity sponsors and…
        Alex Edmondson photo Alex EdmondsonAlex is head of the firm’s private equity practice and specialises in…
        Chloë Edworthy photo Chloë EdworthyChloë specialises in complex and cross-border litigation and arbitration for corporates, financial…
        Lorna Emson photo Lorna EmsonLorna is experienced in a broad range of complex commercial litigation matters,…
        Cameron Firth photo Cameron FirthCameron is an anti-trust lawyer with over 15 years’ experience practising all…
        Richard Fletcher photo Richard FletcherRichard advises financial institutions and corporates on a range of financing matters.…
        Lora Froud photo Lora FroudLora advises clients on the structuring and operation of onshore and offshore…
        Richard Giangrande photo Richard GiangrandeRichard advises on all aspects of estate planning and personal taxation and…
        Christopher Good photo Christopher GoodChristopher advises on private fund formation, looking after fund sponsors who are…
        Charles Gothard photo Charles GothardCharles specialises in advising international families and entrepreneurs as well as the…
        Alexandra Green photo Alexandra GreenAlex has over a decade of experience advising asset managers, wealth managers,…
        Alex Green photo Alex GreenAlex works on a broad range of corporate matters, with a particular…
        Ashley Greenbank photo Ashley GreenbankAshley advises on the full range of corporate tax issues, but particular…
        Caja Griesenbach photo Caja GriesenbachCaja advises on a broad range of UK and European competition law…
        Nicholas Harries photo Nicholas HarriesNicholas started his career as a barrister, practising from 10 Old Square,…
        Helen Harvey photo Helen HarveyHelen is a member of the firm’s corporate crime and investigations practice.…
        Will Hedges photo Will HedgesWill’s practice encompasses commercial contracts, outsourcing, intellectual property and wider commercial matters.…
        Malcolm Hitching photo Malcolm HitchingMalcolm is a debt finance expert, and specialises in leveraged finance, specialty…
        Max Hobbs photo Max HobbsMax is a member of the firm’s corporate crime and investigations team.…
        Justin Hope photo Justin HopeJustin advises on all aspects of domestic and cross-border M&A transactions, including…
        Lois Horne photo Lois HorneLois advises financial institutions, corporates and entrepreneurs on a broad range of…
        Mark Hunter photo Mark HunterMark advises on a broad range of tax, trust and estate planning…
        Kirstie Hutchinson photo Kirstie HutchinsonKirstie acts for private equity sponsors and portfolio companies, corporate borrowers and…
        Paul Keddie photo Paul KeddiePaul advises on a broad range of corporate restructuring and recovery issues.…
        Gerald Kelly photo Gerald KellyGerald specialises in joint ventures and property development and advises developers, institutions…
        Dan Lavender photo Dan LavenderDan specialises in city and financial services litigation and investigations. He is…
        Seán Lavin photo Seán LavinSeán led the firm’s employment group for over a decade and has…
        Mark Lawrence photo Mark LawrenceMark acts for a wide range of clients, including commercial developers, PFI…
        Charles Lloyd photo Charles LloydCharles specialises in private client disputes, particularly international trust and estates litigation.…
        Iain Mackie photo Iain MackieIain specialises in large-scale corporate and financial services litigation and arbitration for…
        Dan Marriott photo Dan MarriottDan has a broad practice in all aspects of commercial real estate.…
        Tom Marsom photo Tom MarsomTom provides specialist UK immigration and nationality advice to corporate clients and…
        Andy Mather photo Andy MatherAndy acts on a wide range of substantial international and domestic arbitration,…
        Charlie  Maydon Grace photo Charlie Maydon GraceCharlie advises both UK resident and non-UK resident/domiciled individuals, families, trustees and…
        Matt McCahearty photo Matt McCaheartyMatt’s practice focuses on complex commercial litigation and arbitration, white collar defence,…
        James McCredie photo James McCredieJames advises on a wide range of tax matters, including the establishment…
        Harriet Miller photo Harriet MillerHarriet advises clients on all aspects of work relating to private funds,…
        Nicole Mitchell photo Nicole MitchellNicole is a specialist associate in real estate funds and structures and…
        Jeremy Moncrieff photo Jeremy MoncrieffJeremy advises on a broad range of tax and structuring matters with…
        Colin Morgan photo Colin MorganColin is head of the firm’s real estate finance practice. He has…
        Chris Mortimer photo Chris MortimerChris is head of the VAT practice. He advises a broad range…
        Simon Nurney photo Simon NurneySimon specialises in large scale corporate, commercial and construction disputes for a…
        Tom Pedder photo Tom PedderTom’s practice encompasses a wide range of commercial real estate matters, including…
        Andrew Perkins photo Andrew PerkinsAndrew is head of the finance group. He acts for alternative lenders,…
        Simon Perry photo Simon PerrySimon undertakes a broad range of domestic and international M&A and private…
        Stephen Pike photo Stephen PikeStephen is a partner in our corporate and M&A group. Stephen practices…
        Steven Pitchford photo Steven PitchfordSteven advises a diverse range of clients on domestic and international corporate…
        James Popperwell photo James PopperwellJames is head of the firm’s fraud practice. He specialises in asset…
        Robert Porter photo Robert PorterRobert leads the firm’s private equity real estate (PERE) work, and has…
        Luke Powell photo Luke PowellLuke is the firm’s managing partner, having been appointed in May 2022.…
        Gregory Price photo Gregory PriceGreg’s practice focuses on tax consultancy, providing tax advice to UK and…
        Nigel Price photo Nigel PriceNigel leads our environmental practice and specialises in environmental law. He has…
        Sebastian Prichard Jones photo Sebastian Prichard JonesSebastian specialises in advising wealthy families on tax and succession issues. Much…
        Emma Radcliffe photo Emma RadcliffeEmma advises on a broad range of antitrust/competition law issues. These include:…
        Edward Reed photo Edward ReedEdward advises internationally mobile families on their asset structuring, personal tax and…
        Ceinwen Rees photo Ceinwen ReesCeinwen combines her extensive market knowledge with legal and tax technical expertise…
        Stephen Robinson photo Stephen RobinsonStephen advises a wide range of investment managers, fund sponsors and investors…
        Hayley Robinson photo Hayley RobinsonHayley specialises in employment law and heads the firm’s employment group. Hayley…
        Tom Rose photo Tom RoseTom advises on all aspects of corporate transactions, specialising in complex cross-border…
        Gideon Sanitt photo Gideon SanittGideon specialises in tax litigation but has a background in transactional tax…
        Rachel Serene photo Rachel SereneRachel advises a wide range of UK and overseas-based clients on regulatory…
        Mark Slade photo Mark SladeMark works on a broad range of corporate matters but with an…
        Jennifer Smithson photo Jennifer SmithsonJennifer advises on all areas of personal tax and succession planning, with…
        William Sykes photo William SykesWill is head of our derivatives and trading practice, and advises investment…
        Alicia Thomas photo Alicia ThomasAlicia advises on a broad range of tax and structuring matters but…
        Tom Usher photo Tom UsherTom advises on all aspects of EU and UK competition law including…
        Malcolm Walton photo Malcolm WaltonMalcolm is head of the firm’s competition group and his experience covers…
        Jacob Ward photo Jacob WardJacob specialises in domestic and international litigation, with a particular focus on…
        Douglas Wass photo Douglas WassDoug acts on a wide range of substantial international and domestic arbitration,…
        Ben Webster photo Ben WebsterBen advises on a wide range of contentious tax matters for individuals,…
        Jessica Yu photo Jessica YuJessica provides specialist UK immigration and nationality advice to a range of…
        Number of UK partners : 93
        Number of other UK fee-earners : 519

        We are committed to fostering an inclusive culture throughout the firm, from entry level to partnership. It is about recruiting, retaining and promoting all groups in the firm fairly, and we have invested in our processes to ensure that everyone has the same chance to develop and advance. Following on from key initiatives delivered in 2020 and 2021, during 2022 we have continued our work within D&I delivering our programmes with a focus on allyship, ethnicity and social mobility.

        Gender and ethnicity partnership targets

        In February 2021 the firm announced updated gender and ethnicity partner targets for 2026 and 2030. Our focus in this action plan is on retention, career development and progression to meet the partnership targets. These actions, together with all of the other steps that are already underway at the firm, will help us to continue to develop both the strength of our culture and an inclusive environment that encourages and values input from all perspectives.

        Our staff networks

        We have four staff-led networks which are open to all staff. All of the networks have mission statements and clear objectives that align with the firm’s wider D&I and sustainability strategy.

        1. Balance– a forum for all staff managing careers and home lives, enabling discussion, support and the exchange of the information and ideas, to achieve a work-life balance.
        2. DAWN(Disability and Wellbeing Network) – The network offers support to staff who have direct experience of or support others with: Neurodiverse conditions e.g. dyslexia, dyspraxia, autism, ADD/ADHD, Long term health conditions, Disabilities and mental health.
        3. Pride– a forum for networking and peer support, open to everyone regardless of their sexual orientation, to inform staff on LGBT+ action and to communicate information to colleagues interested in LGBT+ matters.
        4. REACH(race, ethnicity and cultural heritage) – a forum for networking and peer support between ethnic minority staff and allies, which enables the sharing and exchange of relevant information and ideas.

        These employee-led groups provide an important platform through which different groups are able to have a voice – to express their views and offer a diverse range of perspectives. All of the networks have mission statements and clear objectives that align with the firm’s wider D&I and sustainability strategy.

        Our D&I initiatives

        • Since 2019 Macfarlanes has been awarded the Good Work Standard (GWS) at excellence level, the highest level possible. The Good Work Standard is the Mayor of London’s accreditation recognising the best employment practices in London businesses.
        • MentorMacs (reverse mentoring) – We launched our first reverse mentoring programmewith a focus on race and ethnicity, facilitated by Afua Hirsch, in 2020. The programme enables senior leaders to learn from more junior colleagues, who can offer a different perspective on important topics. This programme was shortlisted for the UK Diversity Legal Awards 2021.
        • In 2020 our Lawtech team produced a bespoke tool to encourage our D&I efforts – a religious and cultural events calendar. This calendar was produced in HighQ Collaborate and can be downloaded and overlaid with the standard Outlook calendar.
        • In July 2020, Macfarlanes was one of 17 initial law firm signatories to the Race Fairness Commitment (RFC).The RFC has been developed by Rare, the diversity recruitment specialists we have partnered with for seven years.
        • Conversations about race – The firm launched this programme in 2021. This programme, which is mandatory, is an important part of our progress in relation to building a more representative partnership. The first part of the programme comprises five short videos featuring members of our management board and external experts, Howlett Brown. The second part of the programme will involve a series of facilitated discussions due to take place later this year (2022).
        • In May 2021 we launched a new gender-neutral drafting policy across the firm and all of our standard precedents are now updated to comply with the policy.
        • We joined with seven other law firms to launch Legal CORE(Collaboration on Race and Ethnicity) in October 2021.
        • In January 2022, as part of our commitment to creating a more inclusive workplace, we have launched a new pronunciation tool on our internal Macfarlanes directory system (MDS).