Norton Rose Fulbright > London, England > Firm Profile
Norton Rose Fulbright Offices

3 MORE LONDON RIVERSIDE
LONDON
SE1 2AQ
England
Norton Rose Fulbright > The Legal 500 Rankings
Corporate and commercial > Equity capital markets – small-mid cap Tier 1
Mid-market specialist Norton Rose Fulbright advises on the issuer and bank side of deals, with particular experience in the latter. The firm has an extensive global network and expertise across a range of sectors, notably the pharmaceuticals, REIT and real estate industries. The practice’s advice runs the gamut of equity and equity-related transactions, including FTSE 100, AIM and listed fund matters. Richard SheenPractice head(s):
Raj Karia
Other key lawyers:
Richard Sheen; Fiona Millington; Clementine Hogarth; Alexander Green; Ian Forbes
Testimonials
‘Great service, always available to deal with detailed questions.’
‘Clementine Hogarth and Ian Forbes provided a great service to solve problems and deal with unprecedented deal situations.’
‘Fiona Millington is a safe pair of hands.’
‘Clementine Hogarth is a really energetic and proactive lawyer, full of enthusiasm.’
‘Alexander Green is a very strong lawyer, one to watch.’
Key clients
Numis Securities Limited
Peel Hunt
Canaccord Genuity Limited
Cantor Fitzgerald
Mortgage Advice Bureau Holdings
Grant Thornton
Investec Bank plc
Tullow Oil plc
Taylor Maritime Investments Ltd
J.P. Morgan Securities plc.
Goldman Sachs International
Orascom
Aedifica
Warehouses de Pauw (WDP)
Taleem Management Services
Xior Student Housing
Ekopak
Work highlights
- Advised Peel Hunt LLP and Stifel Nicolaus Europe Limited as joint global coordinators and joint bookrunners and Grant Thornton as nominated adviser on leading UK mid and small cap investment bank’s Peel Hunt Limited’s £280m placing of new and existing shares, an intermediaries offer, an employee offer and admission to trading on AIM.
- Advised Investec Bank plc as sponsor, sole global co-ordinator and sole bookrunner on the £274m IPO and premium listing on the London Stock Exchange of Stelrad Group PLC, a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey.
- Advised Taylor Maritime Investments Limited on its IPO and premium listing on the London Stock Exchange.
Finance > Islamic finance Tier 1
Led from London by the ‘fantastic‘ Farmida Bi,Practice head(s):
Farmida Bi
Other key lawyers:
Andrew Coote; Mark Brighouse
Testimonials
‘A wonderfully supportive team with great and broad experience in advising across a wide range of Islamic financing opportunities.’
‘The fantastic Farmida Bi is a true specialist.’
‘Farmida Bi is very well-connected.’
‘I found the team to be diligent, efficient and expert in their field.’
‘All the team members of NRF were outstanding.’
‘It was a pleasure working with NRF, who played an essential part. The joined-up nature of the advice and the hands-on commitment to completing this project on time was evident throughout and we look forward to continuing to work with the NRF team in the future as our pro bono partner.’
‘Farmida Bi has shown energy, commitment and compassion.’
Key clients
ACWA Power Development
Bank ABC
Bank of London and the Middle East
Bank of New York Mellon
Credit Suisse AG
Government of Pakistan, Ministry of Finance
Islamic Development Bank
Save the Children UK
Work highlights
- Advising Saudi energy company ACWA Power on its $500m debut sukuk.
- Advising the Pakistan Ministry of Finance on the establishment of its sukuk programme and issuance of $1bn sukuk.
- Advising Save the Children UK (on a pro bono basis) on an innovative fundraising policy that will allow it to receive Zakat.
Finance > Trade finance Tier 1
Norton Rose Fulbright has ‘a dedicated and knowledgeable team which is available around the clock and has excellent knowledge of trade finance and, specifically, work of IFIs‘. One client remarks that the firm’s finance practice has ‘peerless knowledge of trade finance documentation‘. Widely recognised as a go-to firm for commodity finance, derivatives and regulatory advice, the firm handles the full range of trading, trade finance, commodity physical supply contracts, shipping, futures documentation, regulatory investigations, fintech matters and disputes. It also has a major presence in the emerging area of sustainable finance. Nicholas Grandage and Andrew Wood (who is ‘a guru of trade finance, commercial in his approach‘) lead the practice. They both advised the European Bank for Reconstruction and Development (EBRD) on its award-winning Trade Facilitation Programme. Senior associates Tudor Plapcianu (who has ‘a mix of savvy technical knowledge, incredibly hard work and sheer personality’), Richard Wilkes and Mark Brighouse also have extensive experience in structured trade and commodity finance.Practice head(s):
Nick Grandage; Andrew Wood
Other key lawyers:
Tudor Plapcianu; Richard Wilkes; Mark Brighouse; Frances Chapman
Testimonials
‘A dedicated and knowledgeable team which is available around the clock.’
‘Excellent knowledge of the area of trade finance and specific of work of IFIs in the area of facilitating trade finance.’
‘Always pleasure working with the team.’
‘Cannot recommend enough Andrew Wood, Richard Wilkes and Frances Chapman. We’ve been working with them for the last seven years if not longer. The team is very knowledgeable and available around the clock and happy to give very thorough advice and explanation to make a balance decision.’
‘Peerless knowledge of trade finance documentation.’
‘Andy Wood is a guru of trade finance. He is commercial in his approach whilst at the same time across all of the details.’
‘Tudor Plapcianu through of mix of savvy technical knowledge, incredibly hard work and sheer personality is excellent working towards results.’
Key clients
ABN AMRO
AIG
BP
BNP Paribas
The Bank of Tokyo Mitsubishi Ltd
Citibank
Coal India Limited (CIL)
Commodities Markets Council
Demica
Erste Group Bank AG
European Bank for Reconstruction and Development
Eurasian Resources Group
FBN Bank
Mauritius Commercial Bank
HSBC
JP Morgan
Louis Dreyfus
Lloyds Bank
Low Carbon
Macquarie
Mercuria
Natixis
NEXIM
TD Securities
RWE
Santander
Societe Generale
Standard Chartered Bank
Trafigura
Trailstone
Bank of Ireland
ICBC Standard Bank
Raiffeisen Bank International AG
Mizuho Bank, Ltd
Baffinland
Trade and Development Bank
UK Export Finance
Work highlights
- Advised Louis Dreyfus Group on the R$7 billion financial debt restructuring of Biosev S.A. and Biosev Bioenergia S.A.
- Advice re dispute under joint venture for marketing of Polymer products.
- Advised EBRD in relation to its award-winning Trade Facilitation Programme, which involves documentation with numerous banks in EBRD’s countries of operation.
Finance > Transport finance and leasing Tier 1
Although the firm’s market-leading rail offering saw the departures of Simon Gwynne and Tom Johnson to Addleshaw Goddard and Freeths LLP, respectively, at the beginning of 2022, Norton Rose Fulbright still maintains a ‘breadth and depth of experience and expertise‘ in the transportation sector ‘that few can rival‘. Ship financing work continues to drive a significant amount of deal flow on the new money front, as well an increasing amount of restructuring-related work (including advice on “debt holidays”), particularly in the wake of the pandemic. In this regard, the team which is led from London by the ‘thoughtful and pragmatic’ Simon Hartley – and is aided by deep resources in core international shipping hubs including Hong Kong, Piraeus and Hamburg – is ‘great at handling complex matters’ for a varied array of lenders and operators across the cruise, industrial shipping and offshore energy sectors. Conversant with a range of debt structures, including those backed by Export Credit Agencies, Eleanor Martin is particularly accomplished at handling vessel and offshore equipment financings, including FPSOs and drilling rigs. Duncan Batchelor heads up the aviation group that handles a significant flow of work for lenders and airlines on both new money deals and refinancings. Owen Mulholland is ‘very well respected in the airline industry’, working particularly on behalf of airlines, including LATAM, which he has been advising as special counsel in relation to its Chapter 11 proceedings. Will Alete is also recommended by a wide array of stakeholders in the aviation sector across a range of financing and corporate structuring work.Practice head(s):
Duncan Batchelor; Simon Hartley
Other key lawyers:
Simon Lew; Richard Howley; Giles Brand; Owen Mulholland; Emma Giddings; Eleanor Martin; Andrew Williams; Will Alete; Dan Cowdy; Richard Green; Alex Blaney; Catherine Johnson; David Metzger; Matthew Bambury
Testimonials
‘Coupled with strong market awareness, a can-do attitude and a real sense of wishing to build a longer term relationship with the client, this makes for a compelling proposition.’
‘It is evident that the lawyers have a wide client base and are well experienced in the industry.’
‘Highly skilled and knowledgeable of the business we are working with. Very adaptable to everything from complex financings to difficult lease returns.’
‘Simon Hartley is both thoughtful and pragmatic in his advice. He maintains a cool composure during heated negotiations.’
‘Richard Howley and Andrew Williams are excellent lawyers with great commercial acumen. They are always a real pleasure to deal with and helpful/commercial in their approach with counterparties.’
‘Owen Mulholland is very respected in the aviation industry.’
Key clients
ABN AMRO Bank N.V
BNP Paribas
Carnival Corporation
Citibank Europe plc, UK Branch
Clover Aviation Capital (formally Ping An Aircraft Leasing Company Limited)
Crédit Agricole Corporate and Investment Bank
DNB Markets, Inc
DHL
DP Aircraft / DS Aviation
DVB
easyJet
Global Ship Lease
ING Bank N.V
JP Morgan Chase Bank
KFW IPEX Bank GmbH
LATAM Airlines
Lombard North Central PLC
LOT Polish Airlines
Macquarie
Nordea
NORD/LB
ORIX Corporation
Polskie Linie Lotnicze LOT S.A.
Piraeus Bank S.A
Prime Capital AG
Qatar Reinsurance
SACE S.P.A
Scandinavian Airlines System (SAS)
Skandinaviska Enskilda Banken AB (SEB)
Société Générale
Sumitomo Mitsui Banking Corporation
Taylor Maritime Investment Limited (TMIL)
UniCredit S.p.A.
UK Export Finance
777 Partners
Work highlights
- Represented the ad-hoc group of creditors in the $6bn debt restructuring of Nordic Aviation Capital DAC and its subsidiaries and group companies, by way of implementation via US Chapter 11 bankruptcy proceedings.
- Advised ING Bank and a syndicate of 12 international lenders on $1.6bn worth of export credit agency-covered and uncovered loan facilities, in order to finance the construction of the FPSO Sepetiba and associated derivatives contracts.
- Advised leading cargo airline operator DHL (and DHL-Deutsche Post) on the structuring and documentation of complex finance lease transactions for eleven Boeing 777F cargo aircraft.
Industry focus > Emerging markets Tier 1
Norton Rose Fulbright has ‘deep understanding of project finance in Africa, where acting both for borrowers and lenders lends itself to a more efficient negotiating process‘. A deep bench of partners in London works closely with a vast international network of offices to maintain the firm’s position as a key adviser to corporates, borrowers, sponsors, investment banks, government bodies, ECAs and multilaterals, and off-takers on major projects across the globe. Global head of business Martin McCannPractice head(s):
Martin McCann
Other key lawyers:
Daniel Metcalfe; Charles Whitney; Madhavi Gosavi; Daniel Giemanjer; Chris Down; Jessica Melville
Testimonials
‘NRF has the deepest knowledge of the industry and the specifics of the Uzbek jurisdiction. It is involved in almost all of the largest energy projects in Uzbekistan, either from the sponsors or lenders side. This give NRF an unconditional advantage over other international firms and allows it to give the best possible advice to the clients. It is always a pleasure working with the NRF team.’
‘I have mainly worked with Charles Whitney and Chris Down. Both are exceptional lawyers. Charles is great in banking and finance matters, whereas Chris’s engineering background is certainly an advantage to clients. Both are highly professional, easy to work with. They clearly understand local law peculiarities, cultural specifics and readily provide their advice and solutions that take these into consideration . Great team to work with’
‘Deep understanding of project finance in Africa. Acting both for borrowers and lenders lends itself to a more efficient (time & cost) negotiating process as they understand what will and will not be acceptable, particularly to lenders.’
‘Daniel Metcalfe and Jessica Melville. Very strong technically, passionate about the industry and the area of practice (emerging markets), solutions-oriented, client-focused.’
Key clients
Africa Finance Corporation
AIG
Al Rayan Bank
AT&T
Bank of America
Bank of China
Bankmed, Sal
Bank of Tokyo Mitsubishi
Balfour Beatty
Barrick Gold
BHP
BMW
Bombardier
BP
Brookfield
Cell C
Citi
Crédit Agricole
Danaos
DBS Bank
Deutsche Bank
Ministry of Finance of Angola
Domino’s Pizza
ExxonMobil
GSK
Guarantco
HSBC
ICBC
IMI Group
International Finance Corporation
ING
JP Morgan
Marubeni
Mercuria Energy
Macquarie
McLaren
Rio Tinto
Rosneft Oil
Royal Bank of Canada
Proparco
Shell
SNC Lavalin
TowerShare
Trafigura
Tullow
Turk Telekomünikasyon
Wells Fargo
United Overseas Bank
Work highlights
- Advised the Ministry of Finance of the Republic of Angola in relation to the c. $1billion financing for the development of the Bita water production, transmission and distribution facilities and system in South Luanda. The project is being implemented by EPAL on behalf of the Ministry of Energy and Water of the Republic of Angola.
- Advising Horizonte Minerals in relation to all aspects of the financing and construction of their Araguaia nickel project in the Carajas region of Brazil.
- Since November 2019, the firm has been advising IFC and EBRD who have been the lead lenders for the proposed acquisition refinancing and expansion of Almaty International Airport. They were joined as co-lenders by Eurasian Development Bank and DEG later in the process.
Insurance > Insurance: corporate and regulatory Tier 1
Norton Rose Fulbright supports clients in relation to insurance M&A, regulatory matters, restructurings and insurtech issues. The team is also recognised for its Lloyd’s market and life sector expertise. Practice head James BatesonPractice head(s):
James Bateson
Other key lawyers:
Maria Ross; Bob Haken; Nicholas Berry; Matthew Foster; Noleen John
Key clients
The UN-convened Net-Zero Insurance Alliance of Allianz, Aviva, Generali, Munich Re, SCOR, Swiss Re and Zurich Insurance Group
RiverStone
Bain Capital Credit LP (“Bain”)
JP Morgan
HSB Engineering Insurance (HSB), a Munich Re Group Company
Aquiline Capital Partners
Zego
Marsh McLennan Companies
Charles Taylor Limited
North of England P&I Association
AXA XL
PIB Group Ltd (‘PIB’)
Nexus Mutual
W.R. Berkley
RGA and Hodge Life Assurance Company
Work highlights
- Advised North P&I Club on its proposed merger with the Standard Club.
- Advised Bain on its proposed acquisition of the UK’s second largest mutual insurer, Liverpool Victoria Financial Services Limited.
- Advised RiverStone on three successful acquisitions of business in the legacy solutions market, collectively valued around $1.35 billion.
Projects, energy and natural resources > Mining and minerals Tier 1
Norton Rose Fulbright is well known in the market for its top-tier financing expertise and offers clients ‘very deep project finance experience for metals and mining development in Africa'. The practice has recently been handling matters relating to the energy transition, including the mining of copper, cobalt, nickel, magnesium and lithium for use in electric vehicles and the clean energy sector. Martin McCannPractice head(s):
Martin McCann
Other key lawyers:
Raj Karia; Daniel Metcalfe; Felicity Brown; Jon Perry
Testimonials
‘Strong team with lots of stand out individuals’.
‘Involved in high-profile work and act on a broad range of matters’.
‘Excellent team focussed on mining finance’.
‘Martin McCann provides knowledgeable and attentive oversight and experienced and commercial advice’.
‘Felicity Brown is undoubtedly the best associate I have ever worked with’.
‘Very deep project finance experience for metals and mining development in Africa’.
‘Strong working relationship with other law firms in this practise area’.
‘A legal team that has experience acting both for borrowers and lenders and has a good understanding of where issues are likely to arise and what solutions are likely to be accepted’.
Key clients
Allied Gold
Alufer
Anglo American
AngloGold Ashanti
Appian Natural Resources Fund
Aureus Mining
Banro
Barclays
Bellzone Mining Rio Tinto
BHP Billiton
Caterpillar Finance
Centamin plc
Centerra Gold Inc
Compagnie des Bauxites de Guinee
EIB
Endeavour Mining
ERG
FMO
First Rand Bank (RMB)
IAMGold
Work highlights
- Advised Shalina Resources (“Shalina”), a leading and established vertically integrated copper and cobalt producer with assets in the Democratic Republic of Congo (DRC), on a $600m financing agreement with global commodity trading company Trafigura Pte. Ltd. (“Trafigura”).
- Advising Horizonte Minerals in relation to all aspects of the financing and construction of their Araguaia nickel project in the Carajas region of Brazil.
- Advising TRQ in connection with the world-class Oyu Tolgoi copper/gold mine in Mongolia, including in relation to the funding of the $3.6bn cost overrun, negotiations with the Government of Mongolia and fellow-shareholder, Rio Tinto, and the development of a long-term power solution.
Projects, energy and natural resources > Power (including electricity, nuclear and renewables) Tier 1
Norton Rose Fulbright is commended for its ‘deep renewables knowledge’ as the team advises across a range of practice areas including M&A, disputes, banking and finance. The practice has been active in climate regulation and policy work in addition to areas such as green bonds, corporate PPAs, CCUS and hydrogen projects. Rob Marsh heads the energy, infrastructure and natural resources team with support from Charles Whitney and Madhavi Gosavi who specialise in project financings. Julien Bocobza advises sponsors and lenders in the water and transportation sectors while Chris Down handles development and financing matters and Stephen Rigby is a go-to name for corporate finance mandates. Julien Bocobza has moved to White & Case LLP.Practice head(s):
Rob Marsh
Other key lawyers:
Testimonials
‘We have instructed Robert Marsh and his team on numerous project financings for wind farm and other renewable energy projects in the UK, Ireland and Spain. He is a stellar black-letter lawyer, very responsive, pragmatic and very easy to deal with. He found innovative solutions to get our financings and refinancings over the line. He is also an excellent source of industry knowledge and trends on innovative financing structures.
‘The firm has excellent legal professionals who are extremely dedicated and client-focused.’
‘Robert Marsh and his associates, in particular Ben Carrozzi, have delivered stellar legal advice on the complex financings and refinancings we have executed in the renewable space. They are very responsive, work incredibly hard and find innovative solutions to strategic issues along the way.’
‘Deep renewables knowledge, calm under pressured situations, supported bold action.’
‘We are working since several years on a transaction that is very sensitive. But we have noticed from our legal advisor that he is very patience with the parties involved. the main goal is to keep parties on board to get to a solution.’
‘You can count on Charles Whitney, he always has a solution and never leaves you in the dark. In my role as agent I can always call him to discuss lender-related questions. If necessary he will support you in calls with lenders and borrower during the weekend to get things done. I have not experienced this with other lawyers in the last 10 years.’
‘NRF has the deepest knowledge of the industry and specifics of Uzbek jurisdiction. As per my perception, NRF is involved in almost all of the largest energy projects in Uzbekistan, either from the sponsors or lenders side. This gives NRF unconditional advantage over other international firms and allows it to give the best possible advice to the clients. They also bring perspective from the global market, which helps clients to make decisions on certain commercial matters easier. It is always a pleasure working with NRF team.’
‘I have mainly worked with Charles Whitney and Chris Down. Both are exceptional lawyers. Charles is great in banking and finance matters, whereas Chris masters all the issues related to project documents. His engineering background is certainly an advantage to the clients. Both gentlemen are highly professional and easy to work with. When explained, they clearly understand local law peculiarities, cultural specifics and readily provide their advice and solutions that take into consideration these specifics. Great team to work with.’
Key clients
MUFG
Brookfield
Greencoat UK Wind plc
Ministry of Finance of Angola
EDF Renewables
IFC
Jinko Power
Marubeni
Masdar
Neoen
RWE
Good Energy Group Plc
CIBC
Work highlights
- Advised a consortium of lenders on the financial close of the third phase of Dogger Bank offshore wind farm.
- Advised the senior and junior lenders on the SEK14.4 billion green senior and green junior financing for Solör Bioenergi.
- We have advised Greencoat UK Wind plc and Greencoat Renewable Income LP on their acquisition of a 25 per cent stake in Burbo Bank Extension offshore wind farm from Danish pension fund PKA.
Real estate > Commercial property: corporate occupiers Tier 1
The ‘exceptionally talented team’ at Norton Rose Fulbright has demonstrable experience in energy, infrastructure and other long-term development projects, as well as social housing investment mandates and leverages its international network to advise on complex cross-border real estate matters. UK practice leader and leading Islamic finance specialist Wasim Khan has experience in acting for developers and banks in relation to waste to energy schemes, in addition to renewable energy and power projects, while global head of real estate Dan Wagerfield handles mixed-use developments and outbound capital from Asia. Louisa Roe, who was promoted to partner in January 2022, is praised as a ‘tour de force’ when acting for both landlords and tenants in leasing transactions, while Charlie Pinkerton advises on office and headquarter relocations. David Hawkins focuses on mixed-use developments and David SinclairPractice head(s):
Other key lawyers:
Testimonials
‘An exceptionally talented team, providing a high level of client care and expertise in corporate real estate.’
‘Louisa Roe, together with her team, worked well to achieve our commercial aims. In particular, Louisa interacted well with the numerous parties in the transaction and was able to deliver an exception outcome.’
‘The team are detailed, accurate and commercially minded.’
‘Louisa Roe is fantastic, very hard working and looks to get deals done quickly.’
‘Very commercial team with strong technical knowledge, providing sound and pragmatic advice.’
‘Charlie Pinkerton is a pleasure to work with.’
‘Louisa Roe is a tour de force.’
‘Louisa Roe was incredibly professional, knowledgeable and efficient, while engaging in a friendly manner throughout.’
Key clients
British Airways Plc
Kimberly-Clark
Argo Group
Royex Real Estate Investments Limited
Voya Investment Management (UK) Limited
Exane S.A.
DP World London Gateway
Bank of Montreal
VF International
Trainline
Civitas Social Housing
IMI plc
Korn/Ferry International
1 Spinningfields Unit Trust
WELPUT
Schroder Real Estate Investment Management
SOFAZ (State Oil Fund of Azerbaijan)
Olympia London
Ivanhoé Cambridge
SAAB Technologies UK Limited
Ashby Capital
Barnard’s Inn Unit Trust
Prudential Plc
Canada Pension Plan Investment Board
Khoo Teck Puat Charitable Foundation
Europa Capital/Hobart Partners
Resolution Property Holdings
McGill & Partners
BMW
Rolls-Royce Motorcars Limited
British Racing Drivers Club (Silverstone)
Commerz Real
GLL Real Estate Partners
Work highlights
- Advised the developers of the £1.3bn redevelopment project at Olympia London on the pre-letting of the theatre venue to Trafalgar Entertainment Group.
- Advised State Oil Fund of Azerbaijan on the first pre-lettings of its refurbished Grade II* listed 78 St James’s Street, London SW1 and contractual arrangements with an F&B operator for the amenity spaces in the building.
- Advised Bank of Montreal on the underletting of space at British Land’s 100 Liverpool Street and short term renewal arrangements at 95 Queen Victoria Street.
TMT (technology, media and telecoms) > Fintech Tier 1
Norton Rose Fulbright’s multidisciplinary practice combines the firm’s strengths in the financial services and technology sectors; this allows for collaboration across the banking, insurance, financial services regulatory, IP/IT, corporate, payments, disputes and tax departments. The practice handles the breadth of work in the fintech space including advice on P2P platforms, payment systems, regtech and insurtech issues, artificial intelligence, smart contracts, blockchain and cryptocurrencies. Global head of fintech Sean Murphy advises on investments, acquisitions and joint ventures in the fintech sector. Co-head of payments Victoria Birch focuses on fundraisings, investments and acquisitions as well as the legal and regulatory issues relating to the deployment of blockchain and distributed ledger technology. Hannah Meakin leads the firm’s regulatory fintech offering and is also an expert in cryptocurrencies and tokens. Nicholas Berry completes the leadership team and oversees the insurtech practice. Beyond partner level, counsel Albert Weatherill is another key member of the department. Charlotte Rowlandson departed for Allen & Overy LLP in 2021.Practice head(s):
Sean Murphy; Victoria Birch; Hannah Meakin; Nicholas Berry
Other key lawyers:
Testimonials
‘Deep knowledge of fintech, digital assets, blockchain technology.’
‘ The team are knowledgeable but also very good at explaining strategies and intricacies to their clients.’
‘I can’t really praise Nicholas Berry highly enough.’
Key clients
AIG
Anansi
Arch
FMO
HSBC Investment Bank
Global Parametrics
Global Blockchain Business Council
IG Markets
InsurWave
Kneip
Nexus Mutual
Northern Trust
Pay.UK
Paxos (formerly itBit)
Paypal
Post Trade Distributed Ledger Group
Riskbook
Revenio Capital
SmartCo
Stable Group
Standard Chartered Bank
Starling Bank
Superfluid
TPAY
Zego
Zurich
Work highlights
- Advised Starling Bank on its strategic acquisition of a £1bn mortgage book from Kensington Mortgages.
- Advised a Government-owned UK high street name on a landmark partnership with a multinational financial services company to launch international money transfer services in 4,000 branches throughout the UK.
- Acted for insurtech unicorn Marshmallow in the high-profile successful defence of IP infringement, breach of fiduciary duty, and passing off claims asserted by Mulsanne Insurance Company.
TMT (technology, media and telecoms) > IT and telecoms Tier 1
In the technology space, Norton Rose Fulbright is well-known for acting on large-scale innovative projects, mandates involving emerging technology including AI and blockchain, regulatory matters, and digital infrastructure projects, as well as contentious matters. The telecoms team is also strong in assisting communications providers and financial institutions on a range of matters, including competition and regulatory advice, disputes, network sharing and outsourcing issues, and licence bids. Sean Murphy is head of the technology sector and global head of the firm’s fintech group, and has a thriving practice, assisting clients with international corporate matters in the technology space, as well as the development of technology for financial services. Oliver Stacey leads the communications group with substantial experience in handling M&A, joint ventures and fibre and cable projects, while James Russell leads the IT and outsourcing department with expertise in onshore and offshore technology. Daniel Metcalfe is also of note for his work in the telecoms space, especially regarding towers, cable and fibre issues, and data centre deals. Zayed Al Jamil moved to Clifford Chance LLP in May 2022.
Practice head(s):
Other key lawyers:
Testimonials
‘Present throughout the entire project, and hence capable of helping clients tackle any aspect of complex transactions. That is very valuable to clients.’
‘Hats off to Oliver Stacey and Zahra Sachedina for their work: they orchestrated the whole transaction and should be thanked for it.’
Key clients
Airband Community Internet Limited
AT&T
BNP Paribas
Bolt
BP
CGI
Community Fibre Limited
Coventry Building Society
Coveo
Etisalat
Helios Investment Partners
HSBC
IFC
Macquarie Capital
Modern Times Group
Mubadala Investment Company
National Digital Infrastructure Fund
Newegg
Ocado plc
Orange S.A
Paradigm Infrastructure
PayPal Inc.
Prudential
Purplebricks Group plc
Rothesay Life
Safaricom
Standard Chartered Bank
Starling Bank
Telenor
TowerShare
VAKT Global Limited
Veon
Vodacom
Vodafone
Work highlights
- Advised Modern Times Group MTG AB on the sale of ESL Gaming to the Savvy Gaming Group in an all-cash transaction.
- Advised a consortium, led by Kenya’s Safaricom and including Vodafone, Vodacom, CDC and Sumitomo, on its winning bid for Ethiopia’s first telecoms license for $850m, following a competitive, two-year auction process.
- Advised Coveo on its acquisition of the entire issued share capital of Qubit Digital Ltd.
Transport > Aviation Tier 1
Norton Rose Fulbright advises on a range of areas including aircraft transaction disputes, competition issues, Brexit matters, data protection work and insurance claims. The team also advises on the risk within operating leases, deals with EC261 claims and works for a number of airlines on disputes arising out of aviation cyber attacks. Patrick FarrellPractice head(s):
Duncan Batchelor; Patrick Farrell; Robin Springthorpe
Other key lawyers:
Testimonials
‘The team is excellent. They provide great services for the aviation finance industry. They have an excellent team for helping clients to draft their negotiation efforts with theirs customers into legal words. The real value is the deep understanding of the aviation business itself.’
‘I am working with people instead of purely a company which is essential in the aviation industry; it is a people business. The team consists of great people I am pleased to work with them, besides the company’s name.’
‘Exceptional service levels, dedication and support.’
‘Dan Cowdy provides first class service, is very smart, dedicated and client focused.’
‘Very knowledgeable, reputable and with commercial understanding of the market.’
‘This team is very versatile and extremely knowledgeable in not only the legal but also business and technical aspects of aviation which is a key strength that I believe puts them at the forefront in this field. The team is well established and connected and their teamwork is seamless and on point.’
‘The individuals in this team are very understanding, compassionate, considerate, and patient!’
Key clients
777 Partners
AirTanker
Atoz Aviation Finance S.à r.l.
The Carlyle Group
British Airways
CargoLogicAir
Delta Air Lines, Inc.
DHL
easyJet plc
flyadeal Airline Company
Flynas
FTAI AirOpCo UK Limited
Gama Aviation PLC
Jet2.com
SAS
Tui
Virgin Atlantic
Voyager Aviation Holdings
Wizz Air
Work highlights
- Advised Delta on deepening its industry-leading partnership with Air France-KLM and Virgin Atlantic via the launch of a new combined long-term joint venture.
- Acted for Delta opposing American Airlines’ appeal of a European Commission decision.
- Acted for Flynas in relation to an aircraft leasing dispute being heard in the High Court.
Corporate and commercial > Equity capital markets – mid-large cap Tier 2
Norton Rose Fulbright’s sweet spot is mid-market deals, particularly those related to emerging markets and the pharmaceuticals, REIT and real estate sectors. Other specialisms for the firm include energy, infrastructure, technology and financial services industry deals. Advising on the issuer and bank side, the practice is also recommended as ‘excellent at solving problems, combined with a real focus on the client and collaborating with other advisers’. Raj KariaPractice head(s):
Raj Karia
Other key lawyers:
Thomas Vita; Fiona Millington; Clementine Hogarth; Ian Forbes
Testimonials
‘Excellent at solving problems, combined with a real focus on the client and collaborating with other advisers.’
‘Clementine Hogarth and Ian Forbes provided a great service to solve problems and deal with unprecedented deal situations.’
Key clients
JTC PLC
Aedefica
Numis Securities Limited
Xior Student Housing
J.P. Morgan Securities plc.
Goldman Sachs International
Canaccord Genuity Limited
Societe Generale
Orascom
Picton Property Income Limited
Ekopak
Management Consulting Group PLC (MCG)
Vodafone
Investec Bank plc
BMO Capital Markets
e-finance for Financial and Digital Investments
Taaleem Management Services
M&G Investments
Barclays
Berenberg
Cantor Fitzgerald
Citigroup
HSBC
Peel Hunt
RBC
Stifel
Beltone Capital
CI Capital
Renaissance Capital
Is Yatirm
Yapi Kredi
Work highlights
- Advised Investec Bank plc as sponsor, sole global co-ordinator and sole bookrunner on the £274m IPO and premium listing on the London Stock Exchange of Stelrad Group PLC.
- Advised Peel Hunt LLP and Stifel Nicolaus Europe Limited and Grant Thornton on leading UK mid and small cap investment bank’s Peel Hunt Limited’s £280m placing of new and existing shares, an intermediaries offer, an employee offer and admission to trading on AIM.
- Advised Taylor Maritime Investments Limited on its IPO and premium listing on the London Stock Exchange.
Corporate and commercial > Financial services: contentious Tier 2
Norton Rose Fulbright, hailed by one client as a ‘superb, world-class firm with outstanding ability at all levels’, is especially well-regarded for its sanctions, market abuse, AML, authorisation and permission, ESG, financial promotion, fraud and whistleblowing capabilities. Katie StephenPractice head(s):
Katie Stephen; David Harris
Other key lawyers:
Jonathan Herbst
Testimonials
‘A superb world class firm with outstanding ability at all levels.’
‘Strategic thinking and careful solutions.’
‘The team at NRF has a strong advisory bench and good experience in handling investigations work.’
‘Katie Stephen has deep experience of FCA and PRA regulation and has a good instinct for how the regulators respond to issues. David Harris is calm and measured, with good international regulatory experience.’
‘Katie Stephen: She’s an absolute doyen of the FS regulatory arena, with a well-deserved reputation for excellence. She knows the regulatory landscape as well as anyone, and strikes fear into opponents including regulators. A top choice for any tough regulatory fight.’
‘Katie Stevenson: ‘A really tough regulatory lawyer. She knows precisely which regulatory buttons to press, and which ones to stay well clear of.’
‘The team work as a team! As a client you get strength in depth, with lots of input from each of the members of the team. We have needed a lot of complex support, and we have got both the benefits of in depth personal expertise with the team dynamic in delivery.’
‘The team are excellent, lots of in depth knowledge, with the advice delivered in a language that we can all understand. Leading our team has been Jonathan Herbst whose advice has been consistently excellent. We really value the clarity of the advice, and of course the technical excellence in understanding the complexity of the UK regulatory regime.’
Corporate and commercial > Financial services: non-contentious/regulatory Tier 2
Norton Rose Fulbright leverages ‘deep knowledge of fintech, digital assets and blockchain technology’, among other areas. The practice is equipped to act across both the wholesale and retail financial services sectors, honing its focus on governance, conduct and market affairs. Jonathan HerbstPractice head(s):
Jonathan Herbst; Hannah Meakin; Katie Stephen
Other key lawyers:
Testimonials
‘Deep knowledge of fintech, digital assets, and blockchain technology from regulatory and legal perspectives (related to UK and Europe, based on our experience). NRF collaborate with many different stakeholders in blockchain technology and that matters in this industry.’
‘Attentive partners and associates who want to build relationships, not just billable hours. Hannah Meakin, Albert Weatherill – the people, the long-standing relationships, make all of the difference.’
‘Depth of market knowledge; connections; pragmatism and responsiveness.’
‘Jonathan Herbst – incredible breadth of knowledge and experience, manner that is attractive to all and incredible pragmatism – real value add.’
‘Hannah Meakin – FS regulatory partner whose wide-ranging expertise has supported us on several matters, she is willing to engage with innovative propositions and provide comprehensive and pragmatic advice tailored to our particular context.’
‘Albert Weatherill – an expert in the crypto space whose deep understanding of the context has been invaluable in helping us understand the risks of accepting cryptocurrency donations and the mitigations available to help us reduce the potential risks.’
‘Our firm has needed a lot of help in delivering a SWDP. That has needed a lot of interaction with our regulators, and innovation to develop ways of working that are new to the regulator as well as the firm. The NRF team has given us first-rate support through that process of innovation as well as ensuring compliance through the implementation of our SWDP.’
‘Jonathan Herbst has been an excellent lead for our team. He has been able supported by Matthew Gregory. The stand out for us has been the way difficult concepts are explained clearly so that we can make the right business decisions. The level of team work is excellent, and that means we get the benefit of the whole team’s expertise.’
Key clients
Citadel
CME Group
LSEG
Goldman Sachs
KKR
BNP Paribas
Société Générale
UK Finance
River and Mercantile
Work highlights
- Advised BMO Financial Group on the sale of its EMEA asset management business to Ameriprise Financial, Inc.
- Leading two legislative and regulatory reform projects in two countries of operation for the European Bank for Reconstruction and Development (EBRD): Armenia and Jordan.
- Advised The Investment Association in relation to an update of its model Investment Management Agreement.
Corporate and commercial > VAT and indirect tax Tier 2
Norton Rose Fulbright covers an array of corporate and finance transactions with VAT considerations, including advising clients on the impact of Brexit and import and export of goods. Dominic StuttafordPractice head(s):
Dominic Stuttaford
Other key lawyers:
Key clients
Barclays Bank Plc
Bibby Financial Services
Bombardier
Brookfield Renewable Energy Partners
Centrica
Civitas Social Housing PLC
Commerz Real Investmentgesellschaft mb
Credit Agricole
France Telecom
Gatehouse Bank
Goldman Sachs
HSBC
Lloyds Banking Group
London Gateway Port Limited
Mubadala Investment Company PJSC
Santander
Statoil
UBM
Vodacom Group
Welput (the West End of London Property Unit Trust)
Al Rayan Bank PLC
DP World
Work highlights
- Acting for BMW on the ongoing consequences and ramifications of their successful appeal to the Court of Appeal concerning the working of the VAT rules relating to VAT grouping and which entity is entitled to claim a refund of VAT where there have been changes to the composition of a VAT group over time.
- Acting for Takeda (formerly Shire) in a restitution claim in the Stamp Taxes Group Litigation Order relating to Stamp Duty Reserve Tax.
Crime, fraud and licensing > Fraud: civil Tier 2
Norton Rose Fulbright has 'lawyers of the highest quality at all levels with a particularly strong, new generation of partners‘. The team’s fraud and asset tracing expertise also encompasses knowledge of insolvency, white-collar crime, cyber-fraud, and bribery and corruption mandates. Ruth Cowley leads the firm’s commercial disputes and investigations practice. Barrister Harriet Jones-Fenleigh is a specialist in ancillary relief measures, while Radford Goodman is often sought out by banks and insolvency practitioners. James Lockwood was promoted to partner in January 2022.Practice head(s):
Ruth Cowley
Other key lawyers:
Harriet Jones-Fenleigh; Radford Goodman; James Lockwood; Antony Corsi
Testimonials
‘The team leaves no stone unturned in trying to achieve a good outcome for the client.’
‘Excellent litigation team — well resourced; good internal and external communications; realistic long-term planning.’
‘NRF boasts lawyers of the highest quality at all levels. The new generation of partners is particularly strong, and NRF has a growing reputation for attracting top-class fraud work. Team members are highly flexible and very well integrated, with associates in particular being encouraged to take responsibility and add value.’
‘Radford Goodman – a master of the detail whose contributions on legal analysis and strategy are always sensible and realistic.’
‘James Lockwood is utterly outstanding and, although a newly made-up partner, has the qualities of the most seasoned of litigators. He’s extremely bright, and an excellent lawyer; he’s has a vice-like grip on the details of the case while never losing sight of the big-picture.’
‘Harriet Jones-Fenleigh – Exceptional lawyer and strategic thinker with an outstanding reputation in the market. Clients love her.’
‘James Lockwood: a very slick operator and rising star who made partner this year. Leading the next generation for NRF.’
‘An excellent choice for commercial and civil fraud litigation.’
Key clients
Citibank N.A. and Citigroup Global Markets Limited
HSBC
Orange Liberia, Inc.
Citicorp Trustee Company Ltd
BNP Paribas
Standard Chartered Bank
Emirates NBD Bank
Work highlights
- Advising Orange Liberia on a high-value cross-jurisdictional Commercial Court conspiracy claim.
- Acting for BNPP on a number of complex payment fraud disputes.
- Acting for Citi on a high-value commodities fraud.
Dispute resolution > Commodities disputes Tier 2
Norton Rose Fulbright has ‘a fantastic commodities disputes practice with some market leading partners, and it is involved in some of the most high-profile cases‘. The firm ‘provides well-resourced teams that are very able to handle the most complex litigation in this field‘. In the disputes and litigation practice led by the ‘unflappable, disarmingly intelligent‘ Holly Stebbing, commodities are a key focus. The firm provides legal advice across the commodities supply chain to financial institutions, commodity trading houses, national and international mining and energy companies. Stebbing focuses on disputes in the energy and natural resources sector, particularly on Africa, while Ruth Cowley, Antony Corsi, international arbitration specialist James Rogers and commercial litigator Harriet Jones-Fenleigh are among the partners for whom commodities constitutes a significant proportion of their caseload.Practice head(s):
Holly Stebbing
Other key lawyers:
Ruth Cowley; Antony Corsi; James Rogers; Harriet Jones-Fenleigh; India Furse
Testimonials
‘Norton Rose is a real heavyweight in the field of energy and commodities work. They will go toe-to-toe with anyone on the planet and usually come out on top.’
‘Holly Stebbing is phenomenal. Unflappable, disarmingly intelligent, and an incredibly smooth operator. She encourages real trust in clients and rightly so. Her intuition is always on point and she has a real talent for seeing the wood for the trees and identifying precisely what it is that a case turns on.’
‘India Furse remains the best associate I have ever worked with. Unassuming, no nonsense, and invariably right. She is someone you desperately need alongside you in the trenches.’
‘Very commercial in approach, they focus on what the client wants and needs and how best to get it. No energy is wasted on unnecessary confrontation, but nor do they give ground unless it suits the client to do so.’
‘Holly Stebbing is very impressive as the manager of a litigation team; she keeps everyone focussed and sets the agenda very clearly.’
‘Great commercial knowledge of the industry context; well resourced; lovely to work with.’
‘Harriet Jones-Fenleigh is a highly experienced lawyer with a good eye for detail.’
‘NRF has a fantastic commodities disputes practice. It has some market leading partners, is involved in some of the most high-profile cases in this area, and provides well-resourced teams who are very able to handle the most complex litigation in this field.’
Key clients
Citibank N.A. and Citigroup Global Markets Limited
Mercuria Energy Group
Barrick Gold Corporation
Work highlights
- Acted in a US$285m Commercial Court dispute concerning financing transactions entered into between CBNA/CGML and commodities trader Mercuria in respect of metal supposedly stored in warehouses at the Chinese ports of Qingdao and Penglai.
- Advised Barrick Gold Corporation (Barrick) in relation to the framework arrangements entered into between Barrick and the Government of Tanzania (the Government).
- Advising FBN on a multimillion-dollar cross-border dispute arising out of a trade finance facility provided to an African commodities trader.
Employment > Pensions (non-contentious) Tier 2
Norton Rose Fulbright's lawyers receive plaudits from clients for their 'breadth and depth of experience, ability to draw on different competencies across the team, pragmatic approach, connections in the market'. The group is able to assist employers, trustees, insurers, lenders and providers with the spectrum of pensions issues, with an active pensions-related transactions practice, an employer advisory workstream that involves funding negotiations, trustee engagement and information sharing, as well as liability management and de-risking. On the trustee side, the team advises on all legal aspects of the administration and management of schemes, with particular expertise in regulatory issues. Lesley Browning heads the department, with a varied practice that includes day-to-day regulatory and governance issues, corporate transactions and matters relating to scheme mergers and custody agreements. Shane O’Reilly is also well-regarded for regulatory and transactional issues, and has recent experience in GMP equalisations. In July 2021, the group was joined from the pensions regulator by counsel Graeme Tricker.Practice head(s):
Lesley Browning
Other key lawyers:
Shane O’Reilly; Graeme Tricker
Testimonials
‘In all cases NRF have managed to very effectively find a solution, through a balanced combination of high quality technical legal advice coupled with – where and when required – pragmatic and approach. NRF are undoubtedly a very much trusted and reliable partner to us, working seamlessly alongside the Trustees as well as our other advisors.’
‘We have always been extremely satisfied with our NRF advisors, both the current team as well as their predecessors. Our current team, Shane O´Reilly and Graeme Tricker are both, in my opinion, first in class – both in terms of the quality of their technical legal advice as well as their client and project management experience and expertise. As I noted above, we have encountered some non-trivial obstacles with the wind-up of the plan, which Shane and Graeme have really taken on board and managed to navigate for the Trustees, very often having to distil what was extremely complex legal challenge into a manageable practical solution.’
‘Vast amount of experience in pensions legal matters.’
‘The team is very commercial and have helped us get through a number of difficult transactions. On most occasions, the other side have complained about their own lawyers and praised Norton Rose Fulbright showing how good a job Norton Rose Fulbright do particularly when faced with having to deal with poor performances from other lawyers.’
‘Lesley Browning is a safe pair of hands. We trust her absolutely and she always delivers. A pleasure to work with.’
‘Breadth and depth of experience, ability to draw on different competencies across the team, pragmatic approach, connections in the market’
‘Approaches difficult issues with good humour and pragmatism, open to ideas and willing to collaborate to come up with solutions, flexible ways of working, very accessible and responsive.’
‘The team understands the company well and the quality of its advice demonstrates that. The produce high quality summaries that are understandable to all. These are supported by detailed reasoning for those who need the full background. The people with whom we work closely have collaborate well in meetings and are mindful of the company’s objectives – they tailor their advice accordingly.’
Key clients
Abellio Transport Holdings B.V.
Abellio Transport Holdings Ltd
Accolade Wines Ltd
AES Corporation
AmTrust International Limited
A. Schulman Limited
AXA UK plc
Bain Capital
Bank of Ireland
Barclays Bank plc
Bombardier Inc.
The Boston Consulting Group Limited
BMO Asset Management (Holdings) Plc
Canada Life Limited
Carnival plc
Carlsberg UK Limited
Carrier Pension Trustee Limited
Charles Taylor Limited
Chubb Services UK Limited
Civil Aviation Authority
Colgate-Palmolive (UK) Limited
Cooper Tyre & Rubber Co. Europe Limited
Crest Nicholson plc
Dalriada Trustees Limited
DHL International (Ireland) Ltd
Energizer Brands LLC
FCA
FTI Consulting LLP
GFG Alliance
Hayward Tyler Pension Plan Trustees
HSBC Global Asset Management (UK) Ltd
HSBC Master Trust Trustee Limited
HSBC Retirement Services Limited
Hydro Aluminium Deeside Ltd
Hydro Aluminium UK Limited
Hydro Building Systems UK Ltd
Hyperion Insurance Group Limited
IMI plc
ING Bank NV
Invensys Pension Trustee Limited
Irish Pensions Trust Limited
John Menzies
Lancaster Landmark Hotel Company Limited
Lyondell Chemical Europe Inc.
Maersk Line UK Limited
McLaren Technology Group Limited
Mercer Limited
MS Amlin plc
Munich Re
Nordea Bank
Norsk Hydro ASA
Northern Marine Management Ltd
Olympus Management Limited
Oxford Instruments Plc
P&O Ferries Limited
Post Office Limited
QBE
RGA UK Services
RWE A G
Renishaw plc
Rothesay Life
Royal Bank of Canada
Russell Investments Limited
Sandvik AB
SNC Lavalin
Stena AB (publ)
Stena Drilling Limited
Stena Line Limited
Sun Life of Canada
Tokyo Electron Group Limited
Trustee of the IPT Group Pension Plan
Trustee of the Oxford Instruments Pension Scheme
Trustee of the Steel Construction Institute Pension Scheme
Trustees of the Bayerische Landesbank Retirement and Death Benefits Plan
Trustees of the BBVA London Pension Plan
Trustees of the Crown Agents Superannuation Scheme
Trustees of the Dover Harbour Board Pension and Life Assurance Scheme (1973)
Trustees of the J.J. Churchill Ltd Executive Pension Plan
Trustees of the Marylebone Cricket Club Pension and Assurance Scheme
Trustees of the National Bank of Abu Dhabi Pension and Life Assurance Scheme
Trustees of the Shaw Group UK 1997 Pension Scheme
Trustees of the SITA Defined Benefit Pension Scheme
Trustees of the Thomson Pension Fund
Trustees of the West of England Ship Owners Insurance Services Ltd Retirement Benefits Scheme
USAA Limited
V. Ships UK Ltd
Vitality Life Limited
Vroon Offshore UK Limited
Wincanton Pension Scheme Trustees
Work highlights
- Advised Olympus Property Holding Limited on an insurer buy-out of the Earls Court & Olympia Pension Scheme, including advice from our German colleagues on German regulatory restrictions relevant to the client’s (non-UK) investor group.
- Advised Lyondell Chemical Europe Inc. on a project to harmonise money purchase benefits, including advice on potential section 75 debt issues, age discrimination, trustee negotiations and consultation requirements.
- Advised Renishaw plc on a complex benefits rectification exercise, involving sex equalisation and potential over- and under-payments.
Finance > Asset based lending Tier 2
The ‘practical and extremely user-friendly’ team at Norton Rose Fulbright has ‘excellent knowledge of ABL market trends’, a corollary of its impressive deal flow in the domestic and international markets. This work runs the gamut, ranging from relatively commoditised bilateral working capital facilities, through to structured financings where the ABL product sits alongside high yield bonds and conventional lending facilities. Praised for his ‘in-depth knowledge of ABL and cross-border lending’, team head Michael Black takes the lead on many of the most significant mandates, a significant proportion of which are generated from his close relationship with core US funders JP Morgan, Wells Fargo and Bank of America.Practice head(s):
Michael Black
Other key lawyers:
Alex Dunn; Charlotte Hickman; Helen Masri
Testimonials
‘The team are market leaders in their knowledge of cross-border lending and market trends. They also have developed an impressive bench of younger talent to help service their clients. They are knowledgeable, practical and extremely user-friendly.’
‘Michael Black – an A+ in knowledge, negotiation skills and analysis. Michael has such in-depth knowledge of ABL and cross-border lending that he exceeds his peers.’
Key clients
Ares Commercial Finance
Accel-AKKR
Wells Fargo
Bank of America
Citibank
JP Morgan Chase Bank
M&G Investment Management
HSBC Invoice Finance
ABN Amro
Citizens Bank
Owl Rock
Caisse de Depot et Placement du Quebec
Regions Bank
Work highlights
- Advised Bank of America as arranger of an ABL facility and a 1st lien term loan, and advised Owl Rock as arranger of a 2nd lien term loan to fund the acquisition of the Babylis Group by American Securities.
- Advised Ares Commercial Finance as arranger, agent and lender on a $10m ABL revolving credit facility, $210m senior facilities and $165m 2nd lien facilities for Microstar International Holdings Corporation, following its acquisition of Australian-based company Kegstar.
- Advised ABN Amro Asset Based Finance on a £70m asset based lending facility to a joint venture between Amey and Briggs Equipment in order to service a £240m contract with the Ministry of Defence to maintain and manage construction and materials handling equipment used by British armed forces worldwide.
Finance > Debt capital markets Tier 2
The debt capital markets practice at Norton Rose Fulbright is 'up-to-date with market trends and practices' with one client remarking that the practice is 'highly organised, professional and responsive'. The firm has a broad practice that encompasses investment grade and emerging markets debt, transactions for sovereign and supranational issuers, project bonds, debt restructuring, corporate trust matters, Islamic finance and a niche Canadian debt issuance practice. Practice head Peter Young handles debt offerings under both English and New York law. Farmida BiPractice head(s):
Peter Young
Other key lawyers:
Farmida Bi; Peter Noble; Kirstin Russell; Vishal Mawkin; Miguel Torres; Alison Hutchings
Testimonials
‘The Norton Rose London team were excellent advisers. They are up-to-date with market trends and practices and were able to advise us excellently. We very very happy with their services. Vishal Mawkin and Peter Young and Miguel Torres stand out.’
‘The team has a deep understanding of the market and of the needs and processes of the issuer clients we work with. They are highly organised, professional and responsive.’
‘Peter Noble does a great job, especially when working on trades involving some of our more demanding issuers. He is highly knowledgeable, responsive and very helpful when we have queries. Alison Hutchings is highly capable and always a pleasure to work with.’
‘The team is set up with a number of professionals that can make the right decisions and are very good discussion partners on the DCM side. Efficient people that know the corporate they work for.’
Key clients
Republic of Angola – Ministry of Finance
Ecobank Transnational Incorporated
Citi
Piraeus Bank
Eurobank
Deutsche Bank
Government of Pakistan, Ministry of Finance
Telenor ASA
Royal Bank of Canada
Unicredit
MUFG Securities
US Bank
Republic of Kazakhstan
Schlumberger
BNP Paribas
Law Debenture
BNY Mellon
Intertrust
JP Morgan
HSBC Bank PLC
Bank of China
The Development bank of Southern Africa (DBSA)
Bank of Nova Scotia
Work highlights
- Acted for ETI on the first Tier 2 sustainability bond to be issued by a financial institution in sub-Saharan Africa, and the first to have a Basel III-compliant 10-year no-call 5 structure of South Africa.
- Acted for the Development Bank of Southern Africa on its issuance of ZAR3 billion fixed rate green bonds due 2024, representing the first transaction under the United Nation’s Economic Commission for Africa (UNECA) Goal Seven (SDG7) Programme to fund green energy in Africa.
- Advised the Government of Pakistan on a US$2.5 billion bond issue. The Notes will be issued across three tranches under the Global Medium Term Note Programme: US$1 billion 6 per cent Notes due in 2026, US$1 billion 7.375 per cent Notes due in 2031 and US$500 million 8.875% Notes due in 2051.
Finance > Derivatives and structured products Tier 2
Norton Rose Fulbright acts predominantly for global investment banks, among them JP Morgan and Bank of America Merrill Lynch, though it frequently advises Asia-Pacific, Middle Eastern and Islamic banking clients. Peter Young leads the capital markets group, in which the derivatives and structured products practice sits. The ‘responsive and pragmatic‘ Nigel Dickinson is the key partner in that practice and he stands out for his advice on swap bifurcations, TRS and repo financings, CLO hedging and repackaging transactions. He assisted JP Morgan as swap counterparty on a securitisation which comprised the issuance of seven classes of collateralised notes linked to an underlying portfolio of UK auto loans. Yusuf Battiwala, who joined from Dentons, brings extensive experience in derivatives, structured finance and Islamic finance practice. Clients note that he ‘is able to combine conventional derivatives expertise with sharia principles and so is one of the best advisors for Islamic structured products‘. The practice also features covered bond and structured finance partner David Shearer, market infrastructure, derivatives and fintech specialist Hannah Meakin and global head of financial services regulation Jonathan HerbstPractice head(s):
Peter Young
Other key lawyers:
Nigel Dickinson; Yusuf Battiwalla; David Shearer; Hannah Meakin; Jonathan Herbst
Testimonials
‘NRF have a very strong derivatives and structured products practice.’
‘Nigel Dickinson is a standout partner. He’s responsive and pragmatic.’
‘Both Nigel Dickenson and Yusuf Battiwala are great.’
‘Yusuf Battiwala (Partner) is brilliant – he is excellent technically and very user friendly. Yusuf is also special in that he is able to combine his conventional derivatives expertise with sharia principles and so is one of the best advisors for Islamic structured products.’
Key clients
JP Morgan
Bank of America Merrill Lynch
Bank of Ireland
BNP Paribas
First Abu Dhabi Bank
Mitsubishi UFJ Financial Group
Natixis
Piraeus Bank
Prime Capital
Work highlights
- Acted for JP Morgan as swap counterparty on a securitisation which comprised the issuance of seven classes of collateralised notes linked to an underlying portfolio of UK auto loans (including hire purchase agreements).
- Advised 28 hedging banks on the financial close of the third phase of Dogger Bank offshore wind farm, upon completion in 2026, it will be the world’s largest offshore wind farm.
- Acted for MUFG in relation of the derivatives aspects of its transition from IBOR to risk-free rates (RFRs).
Finance > Securitisation Tier 2
Norton Rose Fulbright has a strong focus on residential mortgage-backed transactions, both domestic and cross-border, though it is also recognised for its expertise in covered bonds, trade receivables and SME lending. David Shearer leads the practice and clients remark that he ‘has a keen eye for detail and his advice is always very helpful without being overly dogmatic‘. He acted for Al Rayan Bank in the successful redemption and unwinding of its groundbreaking £250m sharia-compliant UK RMBS Tolkien Funding Sukuk No.1 plc. He also assisted Africa Finance Corporation with the securitisation of its participation in a loan facility through a platform established by Tradeteq. The vastly experienced Sandrine SauvelPractice head(s):
David Shearer
Other key lawyers:
Testimonials
‘Partner David Shearer is very knowledgeable, sounds very confident and was always available and involved.’
‘Counsel Rae Parsons was quite impressive on various aspects of the transaction.’
‘NRF have helped us with respect to certain private Australian ABS securitisations through their Sydney and London offices. They are one of the few firms to have such capability.’
‘In particular David Shearer in the London office is able to provide detailed SecReg advice alongside associate Rae Parsons in the context of Australian issuers.’
‘David Shearer is super knowledgeable and very easy to work with. He has a keen eye for detail and his advice is always very helpful without being overly dogmatic.’
Key clients
Al Rayan Bank
National Bank of Canada
Royal Bank of Canada
Bank of Montreal
Barclays Capital and TD Securities
Bank of Nova Scotia
Federation des Caisses Desjardins du Quebec and CIBC)
Royal Bank of Scotland
777 Partners
Africa Finance Corporation
Work highlights
- Advised Al Rayan Bank on the successful redemption and unwinding of their ground breaking Sharia compliant UK RMBS.
- Acting for Africa Finance Corporation in the securitisation of its participation in a loan facility.
- Acting for 777 Partners in connection with amendment and restatement of a note purchase facility under which Trans Atlantic Mortgages Limited issued notes with the note proceeds to be used by it to fund its purchase of equity release mortgages.
Industry focus > Hospitality and leisure Tier 2
Norton Rose Fulbright utilises its global network of offices throughout Europe, the US, Canada, Asia, Australia, Africa and the Middle East to provide its clients with advice across the full spectrum of hospitality and leisure matters. Areas of expertise include branding, construction, franchising, IP, operations, planning and sustainability. The team is also well equipped to deal with matters concerning various asset classes. The practice is led by Wasim Khan. Having worked in the Dubai and Bahrain offices, Khan has a sound understanding of investor clients from the Middle East. He has a strong track record of acting for development, investment, financing and occupier clients.Practice head(s):
Wasim Khan
Other key lawyers:
Dan Kennedy; Sarah Fitzpatrick
Key clients
Soho House Limited
Emirates NBD Bank (P.J.S.C) London Branch
British Racing Drivers Club Limited
PPHE Hotel Group (Park Plaza)
57 Whitehall S.à.r.l.
AIG
A Premiership Football Club
Al Faisal Holding
United Overseas Bank and Bangkok Bank
Yoo Capital
Deutsche Finance International LLP
HSBC Bank plc
Olympus Property Holding Limited
Standard Chartered Bank
777 Partners LLC
Hotchkiss Limited
Setha Canterbury Limited
Work highlights
- Advised PPHE Hotel Group in relation to a joint venture with Clal Insurance, one of Israel’s leading insurance and long-term savings companies, in respect of two of the PPHE Group’s prime London assets.
- Advised Olympus Property Holding Limited on the continuing £1.3bn London Olympia redevelopment scheme which will transform the iconic 133-year-old venue into a premier destination for the arts, entertainment, exhibitions and events.
- Advised British Racing Drivers Club, the owners of the world famous Silverstone motor racing circuit, on the development by Escapade Living of 60 new luxury holiday lodges and the delivery of a new Hilton hotel.
Industry focus > TMT Tier 2
The cornerstone of Norton Rose Fulbright‘s TMT offering is its technology consulting practice, established in 2021 with the hire of Madeline Bailey and co-headed by Bailey and Peter McBurney. Through the team, the firm provides in-depth strategic support to clients looking to take advantage of emerging technologies, including those on the cutting edge of innovation such as blockchain, cryptocurrencies, and AI. The technology team is headed up in EMEA by Sean Murphy, who helms a practice with expertise ranging from corporate finance and M&A deals to data and fintech work. Also in the technology space, James Russell leads on matters relating to outsourcings, while Oliver Stacey heads up the UK telecoms team. Competition lawyer Caroline Thomas is also noted.Practice head(s):
Sean Murphy; Oliver Stacey; James Russell
Other key lawyers:
Madeline Bailey; Caroline Thomas; Peter McBurney; Zahra Sachedina
Testimonials
‘Present A-Z throughout the project, and hence capable of helping clients like us tackling any aspect of complex transactions. That is VERY valuable to clients like us.’
‘Approachable, knowledgeable (legal know-how plus industry knowledge in mobile telecoms), responsive.’
‘Hats off to Oliver Stacey and Zahra Sachedina for their work: many people at NRF worked on a key transaction with us, but they orchestrated the whole lot and should be thanked for it.’
Key clients
Airband Community Internet Limited
AT&T
BNP Paribas
Bolt
BP
CGI
Community Fibre Limited
Coventry Building Society
Coveo
Etisalat
Helios Investment Partners
HSBC
IFC
Macquarie Capital
Modern Times Group
Mubadala Investment Company
National Digital Infrastructure Fund (Amber Infrastructure)
Newegg
Ocado plc
Orange S.A
Paradigm Infrastructure
PayPal Inc.
Prudential
Purplebricks Group plc
Rothesay Life
Safaricom
Standard Chartered Bank
Starling Bank
Telenor
TowerShare
VAKT Global Limited
Veon
Vodafone / Vodacom
Work highlights
- Advised Modern Times Group AB on the sale of ESL Gaming to the Savvy Gaming Group in an all-cash transaction.
- Advised a consortium, led by Kenya’s Safaricom and including Vodafone, Vodacom, CDC and Sumitomo, on its winning bid for Ethiopia’s first telecoms license for $850m, following a competitive, two-year auction process.
- Advised Coveo on the acquisition of the entire issued share capital of Qubit Digital Ltd, a software-as-a-service provider of machine learning and artificial intelligence solutions in the e-commerce sector.
Insurance > Professional negligence Tier 2
Norton Rose Fulbright's team 'combine a high degree of legal expertise, litigation strategy and good commercial judgement'. Its lawyers handle high value claims, with a focus on the financial services and insurance sectors. The London team is able to draw on substantial support from the wider firm's vast global network, which spans Europe, the US, Asia, Australia, Canada, Africa, the Middle East and Latin America. Katie StephenPractice head(s):
Michelle George
Other key lawyers:
Helen Fairhead; Mike George; Katie Stephen
Testimonials
‘A first class professional negligence team acting for insured defendants, mainly solicitors. They have an excellent understanding of the law, commercial awareness of risk, tactical nous and a good client management skills’.
‘Michelle George is always completely on top of the facts, analytical in her approach, keen to explore all the options which could assist her clients, and generally one of the best in this field.’
‘NRF’s professional negligence team is experienced, professional and commercial. They combine a high degree of legal expertise, litigation strategy and good commercial judgement.’
‘Michelle George is brilliant. She is highly strategic, focused and diligent. Mike George is a real rising star for the future. He is very hard working and has very good judgment.’
‘An innovative team that provides a clear roadmap to a successful outcome. The team consistently provides excellent value for money.’
‘Michelle George – a superb legal brain as well as being commercially astute. Michelle cuts straight to the heart of a matter. An excellent strategist.’
‘Mike George is a pleasure to deal with even on the most difficult and sensitive matters. His combination of legal acumen, eye for detail and strategic thinking means he delivers time and again.’
Key clients
Hyperion
Lloyds Banking Group
Marsh & McLennan Companies
XL Catlin
PwC
Neon
Premia Re
M S Amlin
Markel International Limited
Brit Insurance
Ward Hadaway LLP and its insurers
Osborne Clarke LLP and its insurers
Bevan Brittan LLP and its insurers
Insurers of Ince & Co
Charles Russell Speechlys and Speechly Bircham and their insurers
Work highlights
- Advised Speechly Bircham LLP and Charles Russell Speechlys LLP defending a High Court litigation all the way through to trial in respect of a professional negligence dispute concerning a private equity sale of a unified communications company.
- Gave guidance to Ward Hadaway LLP in respect of a High Court dispute concerning allegations of professional negligence with quantum in the region of US$45m.
- Offered counsel to Osborne Clarke LLP defending a High Court Litigation in respect of allegations of professional negligence in connection with a 2,000 unit development brought by two of the country’s leading house builders.
Investment fund formation and management > Listed funds Tier 2
Norton Rose Fulbright‘s team advises asset and wealth managers on every aspect of their listed funds, including formation, regulatory issues, as well as M&A of asset management businesses. The group is increasingly active in advising on funds investing in real asset classes such as energy, infrastructure and transport, as well as debt and insurance products. In addition to IPOs, lawyers at the firm has experience in secondary fundraisings, as issuer’s and banks’ counsel. Practice head Richard SheenPractice head(s):
Richard Sheen
Other key lawyers:
Ian Fox; Mark Lloyd Williams; Margaret Simcock
Testimonials
‘This is a team that knows the law inside out and can apply it commercially. No other innovation needed.’
‘Ian Fox is very knowledgeable, calm and commercial.’
‘Highly experienced and knowledgeable staff. Always have a tight grip on their areas of expertise.’
‘Ian Fox is a longstanding practitioner who is hugely knowledgeable and very responsive. He has seen most things!’
‘Partner access and engagement, expertise, sounds pragmatic advise based on considerable experience. Very reliable and trusted.’
Key clients
Atrato Onsite Energy
BBGI Global Infrastructure SA
Bluefield Solar Income Fund Limited
Crystal Amber Fund
F&C Investment Trust plc
Investec Bank plc
JP Morgan Cazenove
L1 Property
Macau Property Opportunities Fund
Numis Securities Limited
RBC Capital Markets
Singer Capital Markets Limited
Taylor Maritime Investments Limited
The Renewables Infrastructure Group Limited
Trian Investors 1 Limited
UIL Limited
UIL Finance Limited
Winterflood Securities Limited
Ecofin US Renewables Infrastructure Trust PLC
Jefferies International Limited
Work highlights
- Advised Atrato Onsite Energy plc on its IPO and admission to the premium segment of the Official List and to trading on the London Stock Exchange’s main market for listed securities.
- Advised Taylor Maritime Investments Limited on its IPO and admission to the premium segment of the Official List and to trading on the London Stock Exchange’s main market for listed securities.
- Advised Investec Bank plc (as financial adviser, global co-ordinator and sole bookrunner) on the IPO of Cordiant Digital Infrastructure Limited and on its admission to the Specialist Fund Segment.
Projects, energy and natural resources > Infrastructure Tier 2
The energy, infrastructure and natural resources team at Norton Rose Fulbright services a wide range of sectors and geographies, utilising the firm’s large international network. It is particularly strong in emerging markets and has a strong track record of projects work in Africa, where it acts for sponsors, developers, contractors, operators, financial institutions and institutional investors. Martin McCannOther key lawyers:
Martin McCann; Daniel Metcalfe; Stephen Rigby; Daniel Metcalfe; Melusi Dlamini; Nicolas Sirtoli
Testimonials
‘A set of individuals that will compromise with their client and work as part of the team’.
‘The team is always great, they listen to us and try to understand our business so that they can deliver the best advice. They’re also transparent on invoicing’
Key clients
Absa Bank Limited
AMG Pension Fund
Armstrong Energy Limited
Balfour Beatty
BP
Commonwealth Bank of Australia
European Investment Bank
Greencoat UK Wind plc
Hellenic Republic Development Fund
Hermes Investment Management
John Laing Infrastructure
JP Morgan
Lloyds Banking Group
Octopus Investments
Orange SA
Sacturino Limited
Standard Bank
Standard Chartered Bank
The Renewable Infrastructure Group Limited
Baltic Connector Oy
Work highlights
- Advised Sandvik AB on its €943m acquisition of DSI Underground, a multinational underground mining solutions company, from Triton Partners.
- Advised International Finance Corporation and Standard Chartered Bank in connection with all aspects of the provision of $95m secured loan facilities to IHS Zambia Limited.
- Advising Patina, the 40% shareholder in Eurostar, on the potential merger between Eurostar and Thalys, the European high speed rail operator.
Projects, energy and natural resources > Oil and gas Tier 2
The energy, infrastructure and natural resources team at Norton Rose Fulbright is well placed to handle cross-border work by virtue of its large international network and the firm has a strong record in both developed and emerging markets. It has recently been handling a number of LNG mandates, advising on the full life cycle of projects, from inception, to financing, to operational and commercial matters. Rob Marsh heads the team which includes Holly Stebbing, a key name for litigation and disputes. Alistair Black joined from Dentons in November 2021 and brings development and finance expertise and experience in a range of energy projects. Nick Prowse left for an in-house role at Luton Rising and Neil Miller retired.Practice head(s):
Rob Marsh
Other key lawyers:
Madhavi Gosavi; James Rogers; Holly Stebbing; Hussain Kubba; Neha Khosla
Testimonials
‘Great team; very informed about legal and commercial issues and implications’.
‘Very personable, which makes working with them effortless’.
‘They are attuned to the needs of a client and go above and beyond to make things easier for you’.
‘Holly Stebbing has great leadership skills which reflects positively on the work product of her associates’.
‘Holly Stebbing’s ability to recall specific details is impressive, especially when discussing dormant matters and she shows a great appreciation of commercial issues that impact a business’ decision making, resulting in appropriately tailored advice that can be easily executed’.
Key clients
bp
Eni
Tullow Oil plc
ExxonMobil
IFC
INA – Industrija Nafte d.d.
Ministry of Finance of Angola
Pavilion Energy
Shell
Work highlights
- Advised bp on its $2.6bn sale of 20% stake in Oman’s Block 61 to PTTEP MENA Limited, a subsidiary of Thailand’s PTT Exploration and Production Public Company Limited.
- Advised on the financing of the construction, development and operation of the INGS Alexandroupolis, an independent natural gas terminal in north-eastern Greece.
- Advised the senior lenders on the first-ever reserves based development finance facility in Mexico for an offshore oil & gas project.
Real estate > Commercial property: development Tier 2
The ‘exceptionally talented team’ at Norton Rose Fulbright has demonstrable experience in energy, infrastructure and other long-term development projects, as well as social housing investment mandates and leverages its international network to advise on complex cross-border real estate matters. UK practice leader and leading Islamic finance specialist Wasim Khan has experience in acting for developers and banks in relation to waste to energy schemes, in addition to renewable energy and power projects, while global head of real estate Dan Wagerfield handles mixed-use developments and outbound capital from Asia. Louisa Roe, who was promoted to partner in January 2022, is praised as a ‘tour de force’ when acting for both landlords and tenants in leasing transactions, while Charlie Pinkerton advises on office and headquarter relocations. David Hawkins focuses on mixed-use developments and David SinclairPractice head(s):
Wasim Khan
Other key lawyers:
Testimonials
‘Very perceptive, engaged and professional.’
Key clients
Stena Line BV
bp
Rugeley Power Limited (an ENGIE Group company)
MUFG Bank
DP World London Gateway
Dagenham Dock
British Racing Drivers Club
Resolution Property IM LLP (UK)
Europa Capital (UK)
Ask Real Estate (UK)
Commerz Real (Germany)
Prudential plc (UK)
Olympia London
57 Whitehall S.à.r.l. (Old War Office) (India and Spain)
Bank ABC (Middle East)
Schroder Real Estate Investment Management (UK)
Tristan Capital Partners (UK)
HSBC Alternative Investments (UK)
Bank of Montréal (Canada)
Employees Provident Fund (Malaysia)
Ørsted Energy (formerly Dong Energy) (Denmark)
Argo Group (USA)
WELPUT (Jersey)
Ashby Capital (UK)
State General Reserve Fund (Oman)
SOFAZ (Azerbaijan)
ICBC (London) plc
Hobart Partners (UK)
Sidra Capital (Dubai)
Ivanhoé Cambridge (Canada)
Barnard’s Inn Unit Trust
IMI plc (Truflo Marine Ltd)
National Westminster Bank plc
BMW
Work highlights
- Advising on the sustainable, mixed-use redevelopment of Rugeley Power Station in Staffordshire, a major 10-15 year regeneration project to create 2300 low carbon homes, a school, golf course, parkland and 12 acres of employment space for commercial use.
- Advising on the ongoing investment and £1.3bn redevelopment of London Olympia, a 130 year old exhibition and events business situated on a prime 14 acre freehold site in West London.
- Advising Swedish ferry operator Stena Line on their joint development with Associated British Ports of a new £100m freight terminal at Immingham Port.
Real estate > Construction: non-contentious Tier 2
The non-contentious construction offering at Norton Rose Fulbright is known for its deep sector focus in relation to infrastructure, civil structures, office blocks and hotels. It is also a strong practice for student accommodation projects, acting for funders both domestically and internationally. Matthew Hardwick leads the team, with particular expertise in the transport, social infrastructure, and waste sectors. Andrew Buisson specialises in PFI/PPP concession arrangements, project-financed and conventionally-funded construction contracts, as well as operation and maintenance agreements in the infrastructure, construction, and engineering sectors. Matt Hacking‘s practice offers a particular focus on African jurisdictions, advising on development and financing of large-scale projects in the mining, energy and infrastructure sectors.Practice head(s):
Matthew Hardwick
Other key lawyers:
Testimonials
‘The Norton Rose Fulbright team is well-rounded. They are very pragmatic in their approach, have great drafting skills and venture into areas such as the technical and payment schedules.’
‘Andrew Buisson is a standout partner; extremely knowledgeable in all types of infrastructure projects. His document control and drafting is also excellent. A highly recommended individual.’
‘Matt Hacking is an extremely capable lawyer. He is a skilful draftsman, which comes from his ability to grasp complex issues and distil them into concise drafting.’
Key clients
ACWA Power
Assured Guaranty
Balfour Beatty
Bechtel
Bouygues UK
Chevron
Compagnie des Bauxites de Guinee
DP World
Ecobank Ghana Limited
Eco World
European Investment Bank
Eurasian Resources Group
Full Circle Generation Limited
GuarantCo
Hochtief
INA-INDUSTRIJA NAFTE, d.d.
Iridium
International Finance Corporation
JG Pears Power Limited
KS GOK LLC
Marubeni Corporation
Moroccan Agency for Solar Energy
National Grid
Ofwat
Orsted
Sumitomo Mitsui Banking Corporation
TAV HAVALIMANLARI Holdings A.S.
Thales
TOTAL
Bank of Tokyo-Mitsubishi
Urbaser
Work highlights
- Advising the lenders (Stanbic Bank Kenya Limited, Standard Bank of South Africa, DEG, EAIF) on various lots in the Kenyan Annuity Roads Programme, which aims to construct up to 10,000km of new roads across the country. These are the first PPP projects in Kenya.
- Advising Tibah Airports Development Company, and its sponsors TAV Havalimanlari Holding A.S and Al Rajhi Holdings, on operational aspects of the USD $1.2 billion Prince Mohammed Bin Adbulaziz International Airport at Madinah in the Kingdom of Saudi Arabia.
- Advising Horizonte Minerals in relation to all aspects of the financing and construction of their Araguaia nickel project in the Carajas region of Brazil.
Real estate > Environment Tier 2
Norton Rose Fulbright’s international network and expertise in multiple sectors of environmental law means the firm can work in some of the largest multi-jurisdiction cases in this area. The team’s domestic workload also encompasses some of the largest remediation and infrastructure development projects in the UK. The environment, safety and planning team is led by three specialist partners: ‘hugely experienced’ Caroline MayPractice head(s):
Caroline May; Sarah Fitzpatrick; Laura Kiwelu
Other key lawyers:
Testimonials
‘A strong team with a in-depth knowledge of the industry, great commercial awareness; leaders in diversity able to understand clients from jurisdictions around the world – as a result. Team work is excellent.’
‘Caroline May highly recommended in litigation. She is a true leader, handles crisis well. She is a “street-fighter” who will fight a case while being flexible to accommodate other solutions.’
‘The team is dynamic, and creative with its advice and approach to problems. Their advice is no-nonsense and easy to understand and work with.’
‘Very specialist and punchy team.’
‘Caroline May – very experienced partner, seen it all before’
‘Very experienced, sensible and pragmatic lawyers. Tough when they need to be, but always realistic.’
‘Caroline May – hugely experienced in this area. Lucy Bruce Jones – she’s great; clever and pragmatic.’
‘During the past couple of years, we have worked with the Environment / sustainability team for joint delivery of sustainability advice to clients from the finance sector. The team is extremely knowledgeable and can call upon diverse expertise from within their globally integrated practice.’
Key clients
AIG Asset Management (Europe)
AT&T Corp.
BMW (UK) Limited
BNP Paribas
CF Industries Holdings Inc
Civitas Social Healthcare Advisors Limited
Crest Nicholson Plc
Daniels SharpSmart, Inc.
DBS Bank Ltd
DP World/London Gateway Port Limited
Europa Capital LLP – Dagenham Dock Limited
ExxonMobil International Limited
General Motors Company
GlaxoSmithKline LLC
Gore Street Energy Storage Fund Plc
Greencoat UK Wind Plc
Greenergy International Ltd.
Greenlink Interconnector Limited
HSBC Global Asset Management (UK)
HSBC UK Bank plc
Kerry Group Plc
Laing O’Rourke Plc
Macquarie Bank Limited
Numis Securities Limited
Quinbrook Infrastructure Partners
Sandvik Mining & Construction Tools AB
Setha Canterbury Limited
Shell International Limited
Silicon Valley Bank
Tees Eco Energy Limited
Tiger Infrastructure Partners LP
Vodafone Group Services Limited
Yara International ASA
Work highlights
- Acting on a high profile international group litigation claim involving alleged pollution of rainforest in the Amazon basin.
- Acting on one of the UK’s longest running contaminated land cases (20 years plus) arising from chemical groundwater contamination.
- Advising in relation to high profile environmental challenges to the HS2 high speed rail project including matters of habitat and species protection.
Risk advisory > Corporate governance Tier 2
Norton Rose Fulbright is notably strong in UK Modern Slavery Act (MSA) compliance and other human rights issues and offers high-level advice on criminal and regulatory investigations. Its broad practice also provides advice on board-level governance issues, shareholder matters, risk management and regulatory matters to corporate clients and financial services companies. The team is headed up by Jon Perry and David Harris; Perry handles a range of corporate work, including cross-border transactions, with a focus on the commodities, mining and financial services sectors, and Harris is recommended for civil and criminal law investigations and proceedings before domestic and international authorities. Claire O’Donnell is a name to for governance and ethics issues, while Jonathan HerbstPractice head(s):
Jon Perry; David Harris
Other key lawyers:
Testimonials
‘Made what is a complex and dry area to work in, clear and straight forward to understand’.
‘The team are excellent in explaining complex matters, and provide excellent practical advice’.
Key clients
Anglo Pacific
Barrick Gold Corporation
Coca Cola HBC
Crest Nicholson
F&C Investment Trust
Greencoat
HSBC
IMI
Lloyds Banking Group
PPHE plc
Randgold Resources
Terra Firma
Reach
ValueAct
TeliaSonera AB
Victor Dahdaleh and associated companies
Civitas Social Housing
Work highlights
- Advised a former senior executive of Petrofac in relation to a criminal SFO investigation.
- Advising on business and human rights matters, including compliance with the UK Modern Slavery Act (MSA) and other human rights reporting requirements, including those under the UK Companies Act.
Risk advisory > Data protection, privacy and cybersecurity Tier 2
Norton Rose Fulbright‘s ‘practical, friendly and commercially-aware’ team regularly handles GDPR work, cyber incident responses and investigations on behalf of large corporates operating across the tech, financial services, aviation, life sciences and automotive industries. Recently, it has been increasingly busy with global compliance projects and matters related to Schrems II. The practice’s leadership is split between Marcus Evans, who has extensive experience in advising on multi-jurisdictional outsourcing deals, and Ffion Flockhart, whose expertise spans cyber risk management, incident responses and investigations. Another key name is Lara White, who is recommended for privacy compliance, sourcing contracts and IT arrangements.Practice head(s):
Marcus Evans; Ffion Flockhart
Other key lawyers:
Testimonials
‘This practice has maintained a strong relationship with our organisation over a number of years and has always proved to be responsive in a timely manner. The advice has always been of the highest quality and always based on good commercial sense. Quick and sound legal advice at times of dispute and crisis always with a helping hand.’
‘Practical, friendly and commercially-aware.’
‘Great knowledge of norms and trends in the given sector (in this case, life sciences and healthcare). Able to provide pragmatic advice with clear suggestions on ways forward, even in complex areas of law where the approach to applying statutory legal tests is not yet clear in guidance or at common law. Useful to receive advice that can be applied in our business, rather than being so heavily qualified or caveated as to render it useless in practical terms!’
‘Marcus Evans was excellent at unpicking the advice that we required from what was a complex set of information and asks, and setting out a clear and transparent proposal and delivery timeframes.’
Key clients
American Airlines
Supreme Committee for Delivery and Legacy
BMW
Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 2
Norton Rose Fulbright brings to bear its multijurisdictional regulatory investigations, international trade, and white-collar criminal defence expertise in acting for an array of major global corporates and financial institutions throughout high-profile and complex proceedings, including SFO and FCA investigations, prosecutions by UK and US enforcement agencies, and internal compliance reviews relating to financial services regulations, ESG, and other emerging issues. The practice, led by the experienced duo of Patrick Bourke and Neil O’MayPractice head(s):
Patrick Bourke; Neil O’May
Other key lawyers:
Pamela Reddy; David Harris; Andrew Reeves; Katie Stephen; Ruth Cowley; Stuart Neely; Claudia Culley; Annie Birch; Jonathan Herbst; Tom Hubbard
Testimonials
‘Very responsive and knowledgeable.’
‘Pamela Reddy is the stand out partner for me. Straight talking, clear advice, and a pleasure to work with.’
‘Over the past few years, NRF has recruited lawyers with first-class criminal law experience to support their corporate client base. Although a common approach over the past 10 years’ with City and US, NRF London have considerable cross-practice and cross-jurisdictional expertise to support their clients.’
‘I first met Pam Reddy through the Euribor case where she acted for an individual trader and was brilliant at navigating the complex world of multi-agency (SEC, DoJ, FCA and SFO) investigations and dealing with multinational corporations on matters of disclosure. Since moving to NRF her reputation has become greater and she is becoming a go-to person for corporate clients. Neil O’May is a highly effective team leader and one of the bigger beasts in the regulatory crime market.’
‘This is a team of talented and focused individuals who easily pass the ball around within the team so that gaps are filled effortlessly. They always seek to bring an answer alongside the difficult question.’
‘Neil O’May has a good understanding of the regulator’s outlook and a great ability to inspire confidence in clients with his no-nonsense assessment of their behaviour. Tom Hubbard and Claudia Culley are tremendously efficient associates with a great attention to detail who will both go far.’
‘Great team work, deep expertise, clear communication.’
‘Our team has been led by Jonathan Herbst and David Harris, with excellent support from Andrew Reeves and Claudia Culley. They have always given us excellent service, and communicated to us really well so that we can make the decisions we need to having understood properly the legal context of those options. The “human” way they interact with the individuals affected has also been critical in an effective service to us.’
Work highlights
Transport > Rail Tier 2
Norton Rose Fulbright has a broad client base that includes governments, rail companies, transport authorities and other companies such as cargo and rolling stock owning companies as well as train operating companies, manufacturers and leasing companies. It has considerable international expertise and the group frequently advises on many high-profile rail transactions both in the UK and globally. The full service offering is now headed by Andrew Buisson. There have been changes to the practice with the departures of Simon Gwynne to Addleshaw Goddard and Tom Johnson to Freeths LLP, but Susanna Rogers remains a key member of the team and is highly rated for her considerable experience in advising on competition and regulatory matters in the rail sector; and counsel Louise Auty is also active in the field.Practice head(s):
Andrew Buisson
Other key lawyers:
Key clients
DB Cargo (UK) Limited / DB Cargo International Limited (together “DBC”)
The City of Ottawa
Crown Commercial Services
Compagnie des Bauxites de Guinee
The Department for Transport (DfT)
DVB Bank SE and DZ Bank AG
The Go-Ahead Group Plc
Joint venture between Ferrovial Agroman (UK) Limited and Fluor Limited (the JV)
Lagos State Government
Lombard North Central plc
Metrolinx (Greater Toronto Transportation Authority)
Stadler Rail
Work highlights
- Advising Metrolinx and Infrastructure Ontario who are the procuring authorities for the proposed westward extension of the Eglinton Crosstown light rail project in Toronto.
- Advising DBC on compensation and mitigation strategies.
- Advising Compagnie des Bauxites de Guinee on the construction and financing of their multi-user expansion project.
Corporate and commercial > Corporate tax Tier 3
Norton Rose Fulbright‘s ‘very knowledgeable team’ provides advice the spectrum of corporate and finance transactions. Dominic StuttafordPractice head(s):
Dominic Stuttaford
Other key lawyers:
Matthew Hodkin; Matthew Findley; Chris Bates; Michael Alliston; Julia Lloyd; Kyle Rainsford
Testimonials
‘Very knowledgeable team. They really understand the underlying drivers in the transaction and tailor their advice accordingly.’
‘Dominic Stuttaford – immensely knowledgeable and user-friendly. A true adviser on tax matters.’
‘Michael Alliston – dogged in getting to the bottom of the point. Friendly and relaxed to work with.’
‘Very technically strong and interested in tax matters.’
Key clients
EasyJet
Lloyds Banking Group
Barclays Bank Plc
Orange SA
Royal Bank of Scotland PLC
Goldman Sachs
HSBC
Roofoods Ltd (Deliveroo).
AXA XL
BentallGreenOak
Louis Dreyfus
Total
Morgan Stanley
EasyJet
Deutsche Finance International
London Gateway Port Limited
Commerz Real Investmentgesellschaft mb
Stena AB
Credit Agricole
Societe Generale
Yoo Capital
Bibby Financial Services
Bombardier
Brookfield Renewable Energy Partners
Centrica
Gatehouse Bank
Santander
Vodafone/Vodacom Group
the West End of London Property Unit Trust
Oxford Industries Inc.
Kaefer Group
Carnival Corporation & plc
CitiGroup
Toronto-Dominion Bank
Trian Fund Management, L.P.
Terra Firma
AIG
Liberty Insurance
Euclid Transactional
Chubb
PGGM Vermogensbeheer B.V.
Greencoat UK Wind
BMO Financial Group (Operating name for Bank of Montreal)
Modern Times Group
Sonangol
JP Morgan
Charles Stanley
Ritchie Bros
Africa Greenco
Aquiline
Atrato
Taylor Maritime
Jisheng Gao
Patrizia AG
Infopro Digital Holding (UK)
Work highlights
- Acted for Modern Times Group on three major acquisitions in the gaming industry and its sale of ESL Gaming, a global e-sports business.
- Advised Greencoat UK Wind PLC on a number of corporate acquisitions over the course of 2021 as part of its renewables acquisition programme.
- Advised Taylor Maritime Investments Limited on the tax aspects of its initial public offering on the Premium Segment of the Main Market of the London Stock Exchange – the first shipping IPO for several years.
Corporate and commercial > EU and competition Tier 3
Norton Rose Fulbright's competition team has an ‘international span‘ and displays broad strength and expertise, with particular focus on financial institutions, consumer brands, transport and energy. Mark Simpson, who has more than 20 years experience, leads the London team ,while Ian Giles heads up the practice across the EMEA region. The practice is expanding in the areas of competition litigation and contentious regulatory work. Growth in the area of litigation was reflected in the promotion of Helen Fairhead to partner in January 2022, while the firm has recently added Bloomberg and Ritchie Bros. as clients.Practice head(s):
Ian Giles; Mark Simpson
Other key lawyers:
Mark Tricker; Caroline Thomas; Susanna Rogers; Helen Fairhead
Testimonials
‘The team is very good and efficient at mergers work, with a good international span and an excellent office in London.’
‘We appreciate the specialist technical knowledge, yet down to earth, commercial approach of the team. This is true of the partners and the associates. ‘Can do’ approach and an appreciation of our culture and what is important to us as a business makes the NRF antitrust and competition team stand out. They also provide clear transparency on billing throughout the instruction process.’
‘Mark Simpson possesses expert knowledge, and is clear and concise with our internal senior stakeholders. Mark leads his team from the front and is quick to balance technical detail with the bigger picture.’
‘Caroline Thomas possesses excellent technical knowledge, is quick to understand very technical products, and provides accessible, practical advice.’
‘Mark Tricker is super bright and applies knowledge in a practical way to help manage legal risk.’
‘The service is impeccable. Fast and pragmatic response that is fit for purpose.’
Key clients
Arla
Barclays Bank plc
Bloomberg
BMW
bp plc
Bristol Water plc
BUPA
CAE
Carlsberg
Coca-Cola Europacific Partners
Delta Air Lines
EirGrid
Exxon Mobil
Hertz
HSBC
Jet2
National Grid
Orange
PayPal
PayPoint plc
Qatar Petroleum
Ritchie Bros.
Shell
SONI Limited
Stena Line
Thales
Work highlights
- Representing Orange SA in its defence of claims brought in the High Court against mobile network operators by the Administrators of Phones4U.
- Advising Ritchie Bros. on its $1bn acquisition of Euro Auctions. This has recently been referred for an in-depth Phase II investigation by the CMA following a lengthy Phase I process, culminating in the CMA rejecting the Parties’ offer of undertakings in lieu.
- Advised National Grid Electricity Transmission plc and National Grid Gas plc on appeals to the Competition and Markets Authority against Ofgem’s RIIO-2 price control determination, including successfully arguing for removal of the outperformance wedge.
Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals) Tier 3
Norton Rose Fulbright leverages its international network to act on a range of complex domestic and global regulatory investigations and enforcement proceedings, representing individuals involved in major SFO investigations and cross-border enforcement actions. The firm combines its multijurisdictional reach with notable criminal defence capabilities - a number of senior team members able to represent clients throughout the criminal process, from initial notifications and interviews under caution through to trial. Areas of strength for the firm include fraud, market abuse, and corruption allegations, with involvement in standout LIBOR and EURIBOR investigations. The practice is led by specialist regulatory and corporate crime practitioner Neil O’MayPractice head(s):
Patrick Bourke; Neil O’May
Other key lawyers:
Testimonials
‘Their use of remote working technology was excellent even ten years ago and long before Covid struck.’
‘They have an exceptional inter-disciplinary expertise across the firm, that Neil O’May orchestrates with devastating effectiveness for individual cases, as his track record amply proves.’
‘Neill O’May – has left a pile of defeated protections in his wake.’
‘Neil O’May and Pamela Reddy head the team. Both are skilled in their different ways.’
‘I have worked with Neil O’May on a large SFO investigation where we both represent individuals who are central to the core fact pattern and so I have had reason to engage with Neil regularly over the last year on status and strategy. Neil is forceful and strategic.’
‘A robust and well resourced team of lawyers.’
‘Neil O’May is a reassuring and strategic leader of the team.’
‘Pamela Reddy – first rate client care – excellent judgement – can really inspire and lead a team.’
Key clients
Senior executive at Petrofac
Work highlights
- Representing a former senior executive of Petrofac in relation to the SFO’s criminal investigation.
Dispute resolution > Banking litigation: investment and retail Tier 3
Norton Rose Fulbright frequently acts for prominent banks including HSBC, Citibank and BNP Paribas in litigation ranging from the enforcement of loans to allegations of anti-competitive behaviour. The team is instructed to represent banks as both claimants and defendants, including defending them against group claims, and regularly handles cases involving significant reputational risk. The group’s work on competition-related claims encompasses follow-on litigation and the banking litigation group works closely with the firm’s competition law team to act on these matters. Harriet Jones-Fenleigh has experience of handling very high-profile disputes, including litigation involving sovereign states, while Radford Goodman has a broad practice across insolvencies, defaults and fraud claims. Consultant Matthew Waudby has a particular focus on derivatives-related disputes. James Lockwood was made up to partner in January 2022, while Michael Godden departed the firm in March 2022.Other key lawyers:
Harriet Jones-Fenleigh; Radford Goodman; Matthew Waudby; David Harris; James Lockwood; Aditya Badami; Annie Birch; Emily Smith
Testimonials
‘The team has a broad range of experience in major financial disputes both in litigation and international arbitration (including structured finance, banking disputes and civil fraud), coupled with particular focus in financial technology.’
‘Aditya Badami is exceptional in every way. He always acquires a total mastery of the facts and relevant law of a dispute, impressing clients and colleagues alike. His lateral thinking and shrewd strategic judgement make him a real force in a major piece of litigation.’
‘Hands-on, specialist knowledge of all aspects of banking litigation from large scale securitisation disputes to claims by individual account holders. They are also very proactive in involving the client at key decision points.’
‘I would point particularly to Radford Goodman. He is perceptive, skillful at recognising the needs of the client, but also realistic and clear in his advice.’
‘Great team with a breadth of knowledge and experience.’
‘James Lockwood is a young partner who is really going places. Aditya Badami: very studious and hard-working, he can produce quality drafting in remarkably quick time. Emily Smith has a very keen eye to detail – a great person to have on your team.
‘Outstanding knowledge of the sector and a hard-working, down to earth attitude.’
‘Radford Goodman is calm and responsive with common sense approach. He is knowledgeable and helpful. Annie Birch is straightforward and to the point. She gives a clear point of view. Aditya Badami is enthusiastic and has a clear view as to the best course of action.’
Key clients
The Law Debenture Trust Corporation p.l.c
HSBC
Republic of Angola
Citibank, N.A. and Citigroup Global Markets Limited
Citicorp Trustee Company Ltd
Société Générale
Goldman Sachs
Barclays
BNP Paribas
Emirates NBD Bank
Work highlights
- Acting for HSBC defending two related complex billion pound and hundred million pound group action fraud and civil conspiracy claims. This is a very high value dispute involving complex legal issues and a high degree of financial, regulatory and reputational risk.
- Acting for HSBC in defending very high profile claims issued in the High Court on behalf of more than one hundred and seventy claimants in consolidated proceedings alleging the bank defendants’ conduct over a ten year period caused (at the time of going to press) unspecified damages through benchmark and pricing-related manipulation
- Acting for Citicorp Trustee Company Ltd (CTCL) in respect of a Sukuk (Islamic bond) default. CTCL continues to pursue enforcement options to recover the US$650m owed to holders, including bringing proceedings in Saudi Arabia and England.
Dispute resolution > Commercial litigation: premium Tier 3
Norton Rose Fulbright stands out for its ‘sheer breadth and depth of experience‘; with the team well placed to handle matters ranging from complex contractual claims and M&A disputes to civil fraud. The team’s leadership comprises ‘litigation superpower‘ Ruth Cowley, who heads up the commercial disputes and investigations offering, and ‘hugely talented‘ Patrick Bourke, who oversees the EMEA-wide dispute resolution group. Among the other capable practitioners within the department, Antony Corsi and Andrew Judkins are particularly recommended – with one client describing them as 'a formidable team’.Practice head(s):
Patrick Bourke; Ruth Cowley
Other key lawyers:
Antony Corsi; Ffion Flockhart; Charlie Weston-Simons; Andrew Judkins; James Lockwood, Helen Fairhead
Testimonials
‘The team has a busy practice, giving it in-depth knowledge of the issues confronting the industry. Approachable and intelligent.’
‘Charlie Weston-Simons is knowledgeable and very easy to deal with.’
‘The sheer breadth and depth of experience makes Norton Rose an exceptional litigation firm.’
‘Ruth Cowley is a litigation superpower. Superb practice with exceptional client skills. A deep thinker who always tries to achieve the best possible outcome for her clients.’
‘Patrick Bourke is a hugely talented litigator with immense wisdom and sagacity. A wealth of experience which he brings to the party for every client.’
‘An excellent choice for serious commercial and civil fraud litigation.’
‘If a close friend or family member had a serious problem, I would trust Antony Corsi to deal with it.’
‘Among the various individuals I have worked with at NRF, Antony Corsi and Andrew Judkins stand out. Antony is a thoroughly charming, clever and careful partner with good knowledge of his matters and excellent judgement. Andrew is a true work-horse with a prodigious work ethic and quality work product. They make a formidable team.’
Key clients
Orange SA
Orange Liberia
HSBC
Shell
ExxonMobil (subsidiary: Esso Exploration and Production UK Limited)
Dispute resolution > Competition litigation Tier 3
Norton Rose Fulbright fields an ‘exceptionally dedicated and hardworking‘ team which has contentious capabilities spanning the worlds of financial services, telecoms, energy, utilities, and aviation. The antitrust and competition department is jointly chaired by EMEA head Ian Giles, a noted aviation expert, and Mark Simpson, a specialist in consumer markets. Caroline Thomas is noted for her broad TMT acumen, while Susanna Rogers‘ regulatory focus is especially concentrated in the electricity sector, where she regularly submits appeals to the CMA. The ‘highly impressive’ Helen Fairhead, who was promoted to partner in January 2022, acts for both claimants and defendants in banking and telecoms matters. Senior associates Jason Logendra and Amanda Town are also recommended.Practice head(s):
Ian Giles; Mark Simpson
Other key lawyers:
Testimonials
‘Broad experience, exceptionally dedicated and hardworking, cutting no corners to achieve the best result for the client. I have been particularly impressed by the extent of technical expertise within the team, and the ability to turn around high-quality work at very short notice.’
‘Susanna Rogers is a delight to work with. She has a very detailed understanding of substantive and procedural competition law and is quick to identify the points that matter in a case. An exceptional ability to guide clients through difficult multi-party litigation – seeking to achieve common ground between different parties, whilst pushing back where necessary.’
‘Jason Logendra is highly committed, efficient and experienced. He is incredibly assured and commands the trust of his clients.’
‘Great agility in managing multi-defendant litigation, which can be as challenging as dealing with a claimant.’
‘Helen Fairhead is one of the most impressive partners in the competition space I have seen, despite having become a Partner recently. She is excellent at communicating clearly and concisely with clients, ensuring witnesses are properly prepared, making sure that the work required to prepare evidence and for trial is done properly and thoroughly, and in anticipating the dynamics of multi-defendant litigation. She has excellent strategic insight into litigation. Helen is also a ruthlessly efficient manager and a pleasure to deal with.’
‘Caroline Thomas provides excellent insight and strategic direction in litigation, and is a trusted and firm hand on the tiller. She is also adept at managing sometimes difficult clients, and has excellent judgment on key strategic decisions.’
‘Amanda Town is a very capable and impressive senior associate. She managed a complicated and at times difficult disclosure process with ease, and very efficiently. Hardworking and highly intelligent.’
‘Mark Simpson is an all rounder – tactically astute, good with clients, good on the law.’
Key clients
HSBC
Vodafone
BP
Shell
Delta Air Lines
Reckitt Benckiser
Carlsberg
Stena
BMW
Bombardier
Orange
PayPal
Easyjet
Centrica
EirGrid
Thales
Coca Cola
Liverpool Victoria
Standard Chartered Bank
Electricity North West Limited
IFPI
Paypoint Plc
Laing O’Rouke
SONI Limited
National Grid
Stark Limited
Bristol Water
Energy Networks Association
Work highlights
- Advising HSBC on defending claims by 171 fund claimants before the Competition Appeal Tribunal claiming damages arising out of conduct investigated by various authorities (including the European Commission) concerning the alleged fixing of Forex rates and related spreads.
- Representing Orange SA in its defence of claims brought in the High Court against the mobile network operators by the Administrators of Phones4U.
- Advised National Grid Electricity Transmission plc and National Grid Gas plc on appeals to the Competition and Markets Authority against Ofgem’s RIIO-2 price control determination, including successfully arguing for removal of the outperformance wedge.
Dispute resolution > International arbitration Tier 3
Norton Rose Fulbright‘s core team acts for financial institutions, corporations, governments and state-owned entities from sectors such as financial institutions, energy, infrastructure, technology, life sciences and healthcare. Arbitration head Sherina Petit is highly focused on India-related matters; James Rogers acts in arbitrations seated in Europe, the US, Asia and the Middle East (in addition to London); Patrick Bourke is ‘a brilliant strategist‘; and Holly Stebbing focuses on disputes in the energy, infrastructure and natural resources sectors. Matthew Buckle was recently made partner; and at associate level senior Joseph Bentley and India Furse are experienced team members.Practice head(s):
Sherina Petit
Other key lawyers:
Testimonials
‘Norton Rose Fulbright really belongs in the Magic Circle when it comes to international arbitration. It is a power house and the strength across the partner team and associates is second to none. The make-up of the partnership is very culturally diverse.’
‘Sherina Petit is a specialist in India-related English law arbitrations. She is known for working with some of the largest companies in India and is really the go-to in the London market for bet-the-bank, big-ticket arbitration. One of the biggest names in the area.‘
‘Sherina Petit is a standout partner, who shows total commitment, focus and tactical awareness.’
‘James Rogers is an incredibly clever lawyer.‘
‘James Rogers is just fantastic. His advice is thought through, yet simple and in a bite-size form. Brilliant operator!’
‘Patrick Bourke is one of the wisest and most thoughtful litigators in the London market, and a brilliant strategist for the most complex of arbitrations.’
‘Holly Stebbing has an innate understanding of arbitration tactics, especially how to present the evidence and prepare for a full hearing.’
‘India Furse is one of the brightest associates around. She is simply brilliant. If ever there were anyone on partner track, it is her.’
Key clients
Sacyr
BP
Shell
OMV
Sonangol PP
InterGlobe Aviation
Chevron
Barrick
Dispute resolution > Tax litigation and investigations Tier 3
Norton Rose Fulbright has extensive experience in advising taxpayers in relation to tax authority investigations, negotiations with tax authorities, public law remedies and matters before the major UK courts and tribunals. The team also carries out work with an international element including challenges to international group structures and tax residence. Practice head Dominic StuttafordPractice head(s):
Dominic Stuttaford
Other key lawyers:
Testimonials
‘A down to earth and super dedicated and talented team with great reputation, standing and industry knowledge.’
‘A stand out team that offers great client centered and commercial advice combined with the outstanding legal skills of a leading City law form.’
‘I have worked with Dominic Stuttaford, partner, on many occasions and admire his great experience, knowledge and manner.’
‘Dominic Stuttaford has a brain the size of a planet, and what he doesn’t know about tax law isn’t worth knowing. It’s impossible not to feel in awe when he explains a complex tax statute or authority with such ease and simplicity. He’s a stunningly impressive tax practitioner.’
‘Aditya is a stunningly impressive solicitor, he works terrifyingly hard and produces breathtakingly well-analysed documents. If I could have him on every one of my cases I’d be delighted. Top quality.’
Key clients
BMW
HSBC
Lloyds Banking Group
Takeda
Royal Bank of Canada
DP World
Work highlights
- Acted for HSBC in a restitution claim in the Franked Investment Income Group Litigation Order.
- Acted for Takeda in a restitution claim in the Stamp Taxes Group Litigation Order relating to Stamp Duty Reserve Tax.
- Acted for Royal Bank of Canada in relation to a dispute with HMRC concerning the taxation of North Sea Oil royalties.
Employment > Employee share schemes Tier 3
Norton Rose Fulbright is particularly known for its expertise in advising financial sponsors and private equity-backed companies on the design and implementation of incentives arrangements, with a focus on the fintech industry. Benefiting from the firm's international network, the group often handles the share plan aspects of major transactions, including corporate reorganisations, M&A and rights issuances. Leading the team is employee benefits and executive compensation specialist Matthew Findley , who is described by one client as 'one of the best professionals in relation to share schemes'.Practice head(s):
Matthew Findley
Testimonials
‘Grounded practical advice. Matt Findley is one of the best professionals in relation to share schemes. Always understands the corporate context and advises accordingly.’
‘Matt Findley is excellent. Commercial and clear advice.’
‘I was looking for pragmatic, constructive legal advice on the development and implementation of the long-term incentive programme for an AIM-listed company. The NRF team was extremely helpful, I do not think I could have been better served.’
‘Quick to respond with constructive advice.’
Key clients
Charles Stanley
Revera
Bank of Montreal
Siteimprove
CGI Group
Cloudcall Group
Science in Sport
Staffline Group
Anghami
Taylor Maritime Investments
Work highlights
- Advised Charles Stanley Group on a £278.9m recommended cash offer by Raymond James Financial, a multinational independent investment bank and financial services company.
- Assisted BMO Financial Group with the sale of its EMEA asset management business to Ameriprise Financial for £615m.
- Advised Danish, private equity-backed company Siteimprove on the design, implementation and rollout of a global restricted stock unit plan.
Employment > Health and safety Tier 3
Norton Rose Fulbright‘s London health and safety team forms part of the firm’s global network of health and safety specialists, giving the firm a broad and specialised offering. The firm provides advice in all areas of health and safety, including regulatory investigations, criminal and civil law, judicial review and public health advice. Team leader Caroline MayPractice head(s):
Caroline May
Other key lawyers:
Neil O’May; Holly Stebbing; Lucy Bruce Jones; Neil Q Miller
Testimonials
‘Caroline May – alert and thinks outside of the box’
‘Caroline May – outstanding history in regulatory law. has several major clients and is one of a few lawyers with the awareness and experience to manage the hardest cases and produce outstanding results’
Key clients
BP plc
CF Industries Holdings Inc
DP World, London Gateway
Gildan Activewear Inc
GlaxoSmithKline LLC
IMI Plc
Kerry Group plc
Sandvik Mining & Construction Tools AB
Yara International ASA
Work highlights
- Advising on corporate manslaughter/health and safety investigation arising from a double fatality at food processing plant.
- Providing advice in multi-party international group litigation regarding potential health impacts of pollution and contamination exposure in Amazon rainforest.
- Continuing to advise on the long running investigation and potential prosecution of a major sports team arising from a fatal accident at its corporate premises.
Finance > Bank lending: investment grade debt and syndicated loans Tier 3
Benefitting from well-established banking relationships, as well as a growing corporate client base, Norton Rose Fulbright has an excellent perspective of the commercial and legal needs of both lenders and borrowers, particularly in the context of multi-jurisdictional syndicated lending transactions. In this context, the team is particularly well-suited to advising on emerging markets matters (in Africa and Latin America – where it has resources in several key offices) often involving both commercial and export credit-backed debt. Much of this work takes place within the energy sector, an area that Neha Khosla has developed a particular strength, including on behalf of lenders providing financing to oil and gas companies and on reserves based lending facilities in the upstream space. Team head Michael Black is also very adept at advising lenders on cross-border corporate lending, particularly where ABL facilities are also utilised.Practice head(s):
Michael Black
Other key lawyers:
Madhavi Gosavi; Neha Khosla; Michael Ings; James Dunnett; Davide Barzilai; Alex Zekkos; Grace Carpenter; Shivani Patel
Testimonials
‘Michael Black has such in-depth knowledge of ABL and cross-border lending that exceeds his peers.’
‘James Dunnett is very approachable and friendly – I always liaise with him when I have queries and want to renew facilities.’
Key clients
M&G Investment Management
Gemcorp Capital LLP
The Royal Bank of Scotland plc/Natwest Banking Group
HSBC Bank plc
ABN AMRO Bank N.V.
Macquarie Capital
Raffeissen Bank International AG
ING Bank NV
MUFG
JP Morgan Chase Bank N.A.
ABSA
Bank of China
Mashreq Bank
Nedbank
Rand Merchant Bank/FirstRand Bank
Standard Chartered Bank
Standard Bank of South Africa
Sumitomo Mitsui Banking Corporation/SMBC Bank International plc
Barclays Bank plc
Bayerische Landesbank
Citigroup
Afriquia Gaz S.A.
European Investment Bank
National Westminster Bank Plc
Shell Trading International Limited/ Shell Western Supply and Trading Limited/ STASCO
Bank of Ireland
Mizuho
Ares Commercial Finance
UKEF
Bow Street LLC
Double Helix Pte Ltd
DNB Bank ASA/DNB Group Agencia en Chile
Canaccord
Rothschild
Investec
Goldman Sachs
Jefferies
UBS
Canterbury Christ Church University
Dominos Pizza Group Plc
ED&F Man
Global Fashion Group
IMI Group
JTC Plc
Kupishoes OOO
Lendlease Europe Finance
Petrofac
Reach Plc
Shalina Resources Limited
Volution Group Plc
Utilico Emerging Markets Trust plc / UIL Limited
Work highlights
- Advised the senior lenders on the first-ever reserves based development finance facility in Mexico for an offshore O&G project.
- Advised a syndicate of lenders on a $400m syndicated financing for Africa Finance Corporation.
- Advised Reach Plc pursuant to which the size of Reach Plc’s existing revolving credit facility was increased from £65m to £120m with an accordion facility of a further £72.5m..
Insurance > Insurance and reinsurance litigation Tier 3
Norton Rose Fulbright has strong relationships with London based insurers and owing to its global presence, is a popular choice for overseas clients for high-value multi-party claims involving multiple jurisdictions. The practice demonstrates expertise in financial lines, property, general liability, professional indemnity D&O insurance and aviation. Moreover, it continues to expand its offering in large-scale data breaches, climate change/ESG and trade credit. Practice head Michelle George and senior consultant Adrian Mecz are the figures to note.Practice head(s):
Michelle George
Other key lawyers:
Adrian Mecz
Key clients
AIG
Bevan Brittan LLP and its insurers
Ince & Co and its insurers
Ward Hadaway LLP, and its insurers
Charles Russell Speechlys and Speechly Bircham (together CRS) and their insurers
ERGO Versicherung AG (ERGO)
Osborne Clarke LLP and its insurers
AmTrust
AXA XL
Premia Re
Brit
Canopius
Enstar
Liberty Specialty Markets
Marsh
MS Amlin
Munich Re
Pembroke/Hamilton
QBE
Resolute
Talbot/AIG
Vitality
WR Berkley
Zurich
AIG
Bevan Brittan LLP and its insurers
Ince & Co and its insurers
Ward Hadaway LLP, and its insurers
Charles Russell Speechlys and Speechly Bircham (together CRS) and their insurers
ERGO Versicherung AG (ERGO)
Osborne Clarke LLP and its insurers
AmTrust
AXA XL
Premia Re
Brit
Canopius
Enstar
Liberty Specialty Markets
Marsh
MS Amlin
Munich Re
Pembroke/Hamilton
QBE
Resolute
Talbot/AIG
Vitality
WR Berkley
Zurich
Work highlights
- Advising AIG on the AIG CyberEdge cyber insurance product that gives insureds pan-European, UAE, South African and Indian data breach coverage for data breach response.
- Advised Osborne Clarke LLP defending a High Court litigation in respect of allegations of professional negligence in connection with a 2,000 unit development brought by two of the country’s leading house builders.
- Advising Ward Hadaway LLP in respect of a High Court dispute concerning allegations of professional negligence with quantum in the region of US$45m.
Real estate > Commercial property: investment Tier 3
The ‘exceptionally talented team’ at Norton Rose Fulbright has demonstrable experience in energy, infrastructure and other long-term development projects, as well as social housing investment mandates and leverages its international network to advise on complex cross-border real estate matters. UK practice leader and leading Islamic finance specialist Wasim Khan has experience in acting for developers and banks in relation to waste to energy schemes, in addition to renewable energy and power projects, while global head of real estate Dan Wagerfield handles mixed-use developments and outbound capital from Asia. Louisa Roe, who was promoted to partner in January 2022, is praised as a ‘tour de force’ when acting for both landlords and tenants in leasing transactions, while Charlie Pinkerton advises on office and headquarter relocations. David Hawkins focuses on mixed-use developments and David SinclairPractice head(s):
Wasim Khan
Other key lawyers:
Key clients
Credit Suisse
LRC-RE1
Picton Property Income Limited
L1 UK Property Investment Pty Ltd
Ocubis Limited
Soho House Limited
Caleus Capital Investors
Greenergy International Ltd
Ritchie Bros. Auctioneers (Canada) Ltd
NatWest
Greencoat UK Wind
AIG
MUFG Bank
Patrizia AG
Bank of London and the Middle East Plc
Dagenham Dock
GLL Real Estate Partners
United Overseas Bank Limited
ICBC (London) plc
RWE AG
Resolution Property IM LLP (UK)
Europa Capital (UK)
Civitas plc (UK)
Commerz Real (Germany)
Prudential plc (UK)
Olympia London
57 Whitehall S.à.r.l. (Old War Office) (India and Spain)
Bank ABC (Middle East)
Schroder Real Estate Investment Management (UK)
Tristan Capital Partners (UK)
HSBC Alternative Investments (UK)
Bank of Montréal (Canada)
Employees Provident Fund (Malaysia)
Argo Group (USA)
WELPUT (Jersey)
Ashby Capital (UK)
State General Reserve Fund (Oman)
SOFAZ (Azerbaijan)
Hobart Partners (UK)
Sidra Capital (Dubai)
Ivanhoé Cambridge (Canada)
Funding Affordable Homes Plc (UK)
Standard Chartered Bank
Work highlights
- Advised a private Asian investor on the sale of 8 St. James’s Square, a recently developed office building in London, SW1.
- Advised Civitas Social Housing on the continued acquisition and financing of its portfolio of registered care and specialist supported housing.
- Advised West End of London Property Unit Trust on the co-investment and financing of the UK’s largest all-electric net-zero carbon office scheme at 105 Victoria Street in Central London.
Real estate > Construction: contentious Tier 3
Norton Rose Fulbright‘s team of contentious experts advise a range of clients in the construction and engineering industry, including developers, employers, contractors, and other stakeholders. It is active in a range of sectors, including infrastructure, commercial and industrial real estate, energy, transport and logistics. It also has strength in the PFI/PPP arena. Donald Warnock and Simon Ramsden lead the team. Warnock has extensive experience advising on major construction and engineering projects, whilst Ramsden specialises in investment treaty and international arbitration alongside other forms of dispute resolution. James Rogers is also noted for his international arbitration experience.Practice head(s):
Simon Ramsden; Donald Warnock
Other key lawyers:
Testimonials
‘Norton Rose Fulbright has been a go-to firm for more complex cladding claims. They are everything you would expect of a top law firm, but still retain a personal touch.’
‘They are responsive to clients’ needs and have tailored their financial reporting to meet the client’s requirements.’
‘Simon Ramsden is impressive. He remains accessible and open to unscheduled calls and he, and the wider team, manage to combine good, sensible, pro-active advice, with a pragmatic approach.’
Key clients
ACWA Power
Assured Guaranty
Balfour Beatty
Bechtel
Bouygues UK
Chevron
Compagnie des Bauxites de Guinee
DP World
Ecobank Ghana Limited
Eco World
European Investment Bank (EIB)
Eurasian Resources Group
Full Circle Generation Limited
GuarantCo
Hochtief
Hyde Housing Association Limited
INA-INDUSTRIJA NAFTE, d.d.
Iridium
International Finance Corporation
JG Pears Power Limited
Martlet Homes
Marubeni Corporation
Moroccan Agency for Solar Energy
National Grid
Ofwat
Orsted
Sumitomo Mitsui Banking Corporation
TAV HAVALIMANLARI Holdings A.S.
Thales
TOTAL
Bank of Tokyo-Mitsubishi
Urbaser
Real estate > Property finance Tier 3
Norton Rose Fulbright has a global footprint with 58 international offices, and the London team is therefore well placed to undertake cross-border mandates for major banks and sponsors. It handles senior debt financings, mezzanine structures, development financing, and large-scale mixed-use regeneration projects. Dan Kennedy and Sarah Cullen jointly lead the ‘strong real estate finance practice’; Kennedy is strong in the aforementioned development and regeneration financing projects, and Cullen has a broad practice, advising on office, residential, retail, logistics, and student accommodation asset classes. Jennie Dorsaint has expertise in acting for lenders, arrangers, investors, administrators and debt funds.Practice head(s):
Other key lawyers:
Jennie Dorsaint; Colin Kwok
Testimonials
‘Reliable and supportive team.’
‘Norton Rose has a strong real estate finance practice with user-friendly partners and associates supported by a solid construction practice.’
‘The team are great to work with.’
‘Exceptional in terms of both quality of advice and transaction management.’
‘Sarah Cullen is a go-to person and a joy to work with. She helps clients navigate very complicated and difficult transactions and keeps a tremendous sense of humour while doing it!’
‘Colin Kwok performs at an extremely high level. It is good to see that the future is very bright in the Norton Rose Fulbright property finance team.’
‘Dan Kennedy is user friendly, very involved on the transactions and will put in the hours to ensure the deal is delivered within timeframe.’
Key clients
Battersea Power Station
West End of London Property Unit Trust
105VS Unit Trust
DekaBank Deutsche Girozentrale
Invesco Real Estate
Nedbank
United Overseas Bank
Qatar National Bank
National Westminster Bank plc
Standard Chartered Bank
AIG Asset Management
Work highlights
- Advised Battersea Power Station on the amendment, restatement and increase of its existing £600m phase 3 development finance facilities by a further £305m to finance the next stage of its development of residential, commercial and retail units located on the 42 acre Battersea Power Station site.
- Advised on a co-investment led by Welput in connection with a £400m financing provided in part by Allianz Real Estate for the redevelopment of 105 Victoria Street (the former Victoria branch of House of Fraser) into an office, retail and leisure development owned by 105VSUT.
- Advised a residential fund managed by Invesco Real Estate in relation to a £71m secured term loan facility provided by Wells Fargo.
Corporate and commercial > M&A: upper mid-market and premium deals, £500m+ Tier 4
Steered by EMEA head Raj KariaPractice head(s):
Raj Karia
Other key lawyers:
Alan Bainbridge; Paul Whitelock; Jon Perry; Fiona Millington; Bayo Odubeko; Zahra Sachedina; Kit McCarthy
Testimonials
‘An outstanding team and a unique cross border structure which allows the M&A practice to deliver strategic advice and market knowledge, all with a business-driven approach. Its foreign desks connect with the UK office and easily navigate through the cultural and market differences, always focused on the client’s best result. A top-notch firm, very available, and updated about market trends and practices.’
‘Jon Perry is a fantastic M&A partner and was a key part of our recent successful transaction. Very available, technical and precise with his advice.’
‘The team, led by Fiona Millington, was overwhelmingly female. We did not choose the firm on that basis, but it was remarked upon as refreshing by colleagues as the deal progressed.’
‘Laura Vasey demonstrated a very impressive ability to stay on top of a variety of complex and sometimes rather niche issues that emanated from numerous sources in rapid succession.’
‘Supported us in a successful defence against a hostile bid and subsequent disruptive resolutions at a general meeting. Knew the new takeover rules backwards, with a partner having worked at panel previously.’
‘Kit McCarthy was a brilliant partner in defending a takeover – clear on rules, pragmatic in advice and drafting ended up being both compliant and clear.’
Key clients
AIG
Bank of Montreal
Barrick Gold
BHP Billiton
BMW
BP plc
Brookfield
CME Group
Delta Air Lines
HSBC
Lloyds Banking Group
Centamin
Orange SA
Rio Tinto
Santander
SNC-Lavalin Group
Teliasonera AB
Terra Firma Capital Partners
Vodafone
3M
Bombardier
DVB Bank
Modern Times Group (MTG)
Enerflex Ltd
Mr. Jisheng Gao
BMO Financial Group
Equatorial Energia SA
Coca-Cola HBC
Kerry Group plc
Citi
Shell
Sandvik AB
Goldman Sachs & J.P. Morgan
B of A Securities
RBC Capital Markets
Investec
Charles Stanley Group plc
Restore plc
Good Energy
Work highlights
- Advising Goldman Sachs and J.P. Morgan as financial advisers to CDR on its competing recommended cash offer of £7bn for WM Morrison Supermarkets plc.
- Advising Modern Times Group on the sale of ESL Gaming to the Savvy Gaming Group for $1.05bn.
- Advising Equatorial Energia SA on the acquisition of Echoenergia Participações SA for $1.2bn.
Corporate and commercial > Private equity: transactions - mid-market deals (up to £250m) Tier 4
Norton Rose Fulbright has a broad private equity practice in London, which is regularly leverages the wider firm’s expertise in the insurance sector to handle transactions and fundraisings involving companies in this market. Nicholas Berry has a particular focus on the insurance sector, while practice co-head Sophie O’Connor also handles insurance-related deals alongside acting for funds and management teams on a range of PE matters. Fellow co-head Bayo Odubeko is noted for his focus on emerging markets. David Marshall left in early 2022 forBaker Botts (UK) LLP.Practice head(s):
Bayo Odubeko; Sophie O’Connor
Other key lawyers:
Testimonials
‘I have found Sophie O’Connor to be outstanding to work with – responsive, considerate, pragmatic and practical, she provided a great understanding of the management equity arrangements and group cap structure of the deal. I always feel when dealing with Sophie that my company and long term success are important to her.’
Key clients
Aquiline Capital Partners LLC
Carlyle
AfricInvest Capital Partners
ValueAct Capital
Denham Capital Management LP
Scottish Equity Partners
XPV Water Partners
Mobeus
Abris Capital
Champ Ventures
Shell Ventures
Development Partners International
Modern Times Group MTG AB
Bain Capital
Starling Bank
Quinbrook Infrastructure Partners
Tiger Infrastructure Partners
Europa Capital Partners
Société de Promotion et de Participation pour la Coopération Economique (Proparco)
Brookfield Private Equity
Management of Fotona
Zego
Appian Capital Advisory
Commify (backed by Hg Capital)
African Development Partners I
African Development Partners II and Uni Confort Maroc Dolidol
Société de Promotion et de Participation pour la Coopération Economique (Proparco)
777 Partners
Work highlights
- Advising longstanding firm client Aquiline and Lloyd’s of London insurer ERS (now IQUW) on a US$350m fundraising to enable the insurer to expand its strategy and underwrite specialty (re)insurance business.
- Advising longstanding client Starling Bank on its latest £322 million Series D funding round.
- Advising Tiger Infrastructure Partners on the investment of €50 million in Qwello GmbH, an electric vehicle charge point developer and operator.
Employment > Employers Tier 4
Multi-national businesses, especially those operating in the tech, life science, transport and energy sectors, utilise Norton Rose Fulbright's London office as a platform and footprint for a wide range of global employment and HR legal issues. Head of EMEA employment department, Paul Griffin has a well-earned reputation for international employment issues. Catrina Smith also handles matters with an international element and is recommended for TUPE, remuneration issues, whistle-blowing and discrimination claims.Practice head(s):
Paul Griffin
Other key lawyers:
Testimonials
‘Norton’s professionals are impressively knowledgeable of legal environment in their country and can generally offer practical counselling.’
‘This firm and the partners are very client-oriented and provide outstanding service.’
‘They reply to requests in a timely manner and make themselves available where required.’
‘They make sure that the service we get is great at all times and we feel comfortable in raising issues in the service.’
Key clients
BMW
GFG Alliance
Starr International
Lyondel Basell
Emerald Kalama
Royal Bank of Canada
Bombardier
IMI plc
Battersea Power Station
Boston Consulting Group
Societe Generale
ABC Bank
Nedbank
Credit Agricole
Standard Chartered
Wyelands Capital
Bechtel Corporation
Work highlights
- Working with a media/tech client in reporting on changes to COVID-19 laws in 45 countries, involving co-ordinated effort by the global firm’s employment lawyers out of London.
- Advising in a potential class action lodged against FTSE listed entity, in relation to employment status re-classification.
- Acting in a claim against a multi-national company for discrimination.
Employment > Pensions: dispute resolution Tier 4
Norton Rose Fulbright fields a multi-disciplinary pensions disputes and investigations group, bringing together pensions lawyers with colleagues from the litigation, financial restructuring, insolvency and consulting departments. The team focuses on representing trustee and employer clients, in cases regarding the running of a scheme, documentation, and internal and ombudsman complaints. Patrick Bourke takes the lead, also coordinating the wider EMEA practice. Lesley Browning has recent experience in negotiations with trade unions and investigations initiated by the pensions regulator, while Katie StephenPractice head(s):
Patrick Bourke
Other key lawyers:
Shane O’Reilly; Katie Stephen; Michelle George; Charlie Weston-Simons; Lesley Browning
Testimonials
‘Strength in depth. Experience and stability.’
‘Ability to understand issues quickly and to provide pragmatic advice. Always available to discuss issues as they arise.’
Key clients
Renishaw plc
Work highlights
- Advised Renishaw plc on a complex benefits rectification exercise, involving sex equalisation and potential over- and under-payments.
Real estate > Planning Tier 4
The ‘highly experienced’ Sarah Fitzpatrick leads the planning team at Norton Rose Fulbright with ‘clarity and a good strategic mind’. The firm is known for advising a host of clients including energy companies, institutional investors and small and medium-sized developers on mixed-use schemes. ‘Stand-out planning solicitor’, senior associate Carina Wentzel, has expertise in advising on contentious matters, another of the firm’s strengths.Practice head(s):
Sarah Fitzpatrick
Other key lawyers:
Carina Wentzel; Peter Cole
Testimonials
‘NRF’s planning team acts in some of the biggest planning cases. Its wider strengths in energy and litigation make it a powerhouse for planning cases in the field of energy and natural resources, including renewables.’
‘It is also unpretentious, doing top tier work without any sense of self-importance.’
‘Sarah Fitzpatrick is highly experienced and guides the department with clarity and a good strategic mind.’
‘Carina Wentzel is one of the standout planning solicitors in London, and is surely a Partner in the making. She’s extremely bright, enormously personable, and has a staggering capacity for hard work. She is able to unpick the detail of even the knottiest problem, but also to manage a case and clients in a sensible and pragmatic way. A genuine star.’
Key clients
Berliet Limited
Ocubis Ltd
DB Cargo (UK) Limited / DB Cargo International Ltd
The Setha Group
Hotchkiss Limited
Dome Assets Ltd
Atlas Property Letting & Services Ltd
PPR Estates Limited
Tunbridge Wells Borough Council
St George (Berkeley Group)
Linea Homes
A Premiership Football Club
57 Whitehall s.a.r.l. (developer of the Old War Office)
HSBC
ICBC
Residential Land
Arcabas Ltd
Work highlights
- Advising Berliet Limited on the redevelopment of four linked sites to provide a residential led mixed-use scheme with 725 residential units.
- Advising DB Cargo (UK) Limited on a high-value compulsory purchase compensation claim in connection with HS2 (Phase 1).
- Advising the Setha Group on a complex town centre redevelopment in Canterbury, with significant heritage, ecclesiastical, and nutrient neutrality aspects.
Real estate > Property litigation Tier 4
The team at Norton Rose Fulbright advises a vast array of clients including investors, developers, landlords, financial institutions, joint venture partners and corporate occupiers. In addition to contentious property advice and representation, the team is also well equipped to handle alternative dispute resolution, including mediation. David Stevens is well regarded for his expertise in tenant insolvency, service charges, overage disputes and forfeiture. He heads the practice.Practice head(s):
David Stevens
Testimonials
‘An international firm with the substantial resources needed for heavyweight litigation.’
‘David Stevens is a great pleasure to work with, with great experience of a wide variety of litigation.’
‘NRF provides practical legal advice that focuses on clients’ strategic and commercial objectives. The have acted in some very high profile property litigation for blue chip companies.’
‘David Stevens is a very experienced lawyer who thinks carefully about the strategic implications of every step in the litigation. He is always 2 or 3 steps ahead.’
Key clients
57 Whitehall S.A.R.L.
Banco Nacional de Angola
BMO Asset Management
BMW (UK) Limited
BNP Paribas Real Estate
Canada Pension Plan Investment
Centrica PLC
Civitas Social Housing plc
Commerz Real
Dagenham Docks Limited
ERGO Versicherung AG, UK Branch
IMI plc
Ivanhoe Cambridge/Residential Land
L1 Capital
Olympia Limited
Palace Capital plc
Purplebricks Group Plc
Royal Borough of Kensington and Chelsea
Schroder Real Estate
Shell UK plc
Thales Properties Limited
WELPUT (a Schroders property fund managed by BentallGreenOak)
Work highlights
- Acted for Shell UK plc in a substantial service charge dispute against its former landlord of Shell Mex House on the Strand and resisting landlord’s recent High Court challenge to the validity of a favourable expert determination.
- Acted for the defendant developer, Reef Estates (Wimbledon) in defending High Court injunctive proceedings by an adjoining landowner seeking to restrain ongoing redevelopment works to a high-profile flagship 7 storey development in Wimbledon, London, on the basis of an alleged infringement to the adjoining owner’s right of light.
- Advised 57 Whitehall S.A.R.L. in respect of the development constraints and potentially contentious aspects of the high profile redevelopment of the Old War office in Whitehall.
TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design Tier 4
Norton Rose Fulbright‘s UK IP practice covers a wide range of non-contentious matters, including commercial licensing agreements, disposals, acquisitions, and IP issues related to M&A. Commercial IP specialist Mike Knapper leads the practice, regularly advising on portfolio structuring issues, licensing mandates, technology transfers and other related matters in the life sciences, energy and technology sectors. Paul Joseph has recently moved to Linklaters LLP.Practice head(s):
Mike Knapper
Key clients
Coca Cola Hellenic Bottling Company
Marshmallow Insurance
Modern Times Group
Shell
Kerry Foods
Accolade Wines
BNP Paribas
Accenture
Laser Clinics UK
Purplebricks
Sandvik
Formula E Teams and Manufacturers Limited
Japan Tobacco Inc.
Fair Isaac Cooperation
Hertz
Work highlights
- Advised Sandvik on trade mark due diligence in the context of its acquisition of DSI Underground.
- Advising Kerry Foods on the sale of its meats and ready meals business to Pilgrims Foods, including advising on significant IP separation issues, including brand licences and licences of Kerry’s proprietary meat alternative technology.
- Advising Purplebricks on a number of matters involving various third party infringements of Purplebricks’ IP rights, breaching Purplebricks’ website terms of use and engaging in unfair commercial practices.
Transport > Shipping Tier 4
Praised for its ‘strong holistic shipping practice’, Norton Rose Fulbright covers a wide range of shipping-related matters. The impact of Covid-19, decarbonisation, and sanctions are among the areas of expertise of the team led by ‘seasoned litigator’ Philip RochePractice head(s):
Philip Roche
Other key lawyers:
Testimonials
‘Norton Rose Fulbright are one of the few firms in the UK who have a strong holistic shipping practice where they can advise clients from inception of an idea to start a shipping business.’
‘Philip Roche is a seasoned litigator. His extensive experience in ship litigation is his strength which makes him different from his competitors.’
Key clients
Carnival Corporation
Dubai Ports World
DVB
Japan P&I Club
P&O Ferries
Total
RBS
Rio Tinto
Standard Chartered Bank
Stena
Trinity House
KfW
Work highlights
- Advised Taylor Maritime Investments Limited on its initial public offering, related seed asset acquisitions of Handysize and Supramax vessels and financing.
- Advising the Japan Ship Owners’ Mutual Protection & Indemnity Association on a shipping-specific sanctions matrix on EU and US sanctions.
Corporate and commercial > Venture capital Tier 5
Drawing upon its broader corporate finance/private equity credentials, as well as being able to avail itself of a multi-disciplinary approach whch feeds into regulatory and IP expertise, in particular, Norton Rose Fulbright has strong credentials among investors and investees in relation to venture capital and growth equity mandates. Fintech/insurtech is a particular sector strength, an area that the firm is able to add value by virtue, not only of its transactional strength in the area but also its regulatory knowledge. Global head of the fintech practice Sean Murphy is particularly well-suited to advise both funds and start-ups in the sector and is able to draw upon a deep well of experience in the space, including during a period spent in Silicon Valley with a leading US law firm. Emerging markets venture capital work is also a strength, an area that Bayo Odubeko is particularly adept, primarily in relation to Africa-based mandates. Victoria Birch and Sophie O’Connor co-head the team.Practice head(s):
Victoria Birch; Sophie O’Connor
Other key lawyers:
Sean Murphy; Oliver Stacey; Bayo Odubeko; Matthew Findley; Stephen Rigby; Nicholas Berry; Mark Maurice; Victoria Scopes; Bryan Park; Juliet Gordon
Key clients
Starling Bank
Funding Xchange
OCGI Climate Investments
Telus Communications
Paga Group Ltd
Green Africa
Revenio Capital
Northern Trust
Zego
Bactobio Limited
Stena Drilling Limited
Althelia Sustainable Ocean Fund
Work highlights
- Advised longstanding client Starling Bank on its latest £322m Series D funding round (its largest ever fundraising round).
- Advised Althelia Sustainable Ocean Funds on a number of investments into cutting edge ocean sustainability technologies including into Biomega Group and SafetyNet Technologies Limited.
- Successfully developed a Transform product to enable the firm to advise onstrategic minority investments in a time and cost effective manner by creating efficiencies across the diligence and transaction documents processes.
Finance > Acquisition finance Tier 5
The 'commercial and collaborative' banking team at Norton Rose Fulbright handles a significant amount of acquisition finance work for commercial/investment banks and corporates. Much of this work is of a multi-jurisdictional nature (including within emerging markets) and also often includes complex and highly bespoke structuring, with core leveraged financing capabilities sitting alongside specialised product experience including asset based lending facilities (ABL). Michael Black has 'in-depth knowledge of ABL and cross-border lending' and is a key member of a team that also includes the 'pragmatic and considered' James Dunnett , who has niche expertise advising financial advisers on cash confirmations pursuant to public M&A.Practice head(s):
Madhavi Gosavi (head of banking & finance – EMEA); Michael Black (head of general banking – London)
Other key lawyers:
Neha Khosla; Michael Ings; James Dunnett; Alex Zekkos; Grace Carpenter; Shivani Patel
Testimonials
‘A very commercial and collaborative team with strength in depth and good working relationships with bank-side legal teams.’
‘They provide pragmatic and solutions-driven advice.’
‘James Dunnett provides calm, pragmatic and considered advice.’
‘Michael Black has in-depth knowledge of ABL and cross-border lending.’
Key clients
MUFG
SMBC
Mizuho
Bank of America
Owl Rock
JTC Plc
HSBC
Bank of Ireland
Ares Commercial Finance
Reach Plc
IMI Group Limited
M&G Investment Management
Accel-KKR
National Bank of Canada
Work highlights
- Advised MUFG, SMBC and Mizuho as lenders on the approx $6.4bn acquisition facilities made available to Renesas Electronic Corporation for the acquisition of Dialog Semiconductor plc, which was listed on the Frankfurt Stock Exchange.
- Advised Bank of America as arranger of an ABL facility and a 1st lien term loan and advised Owl Rock as arranger of a 2nd lien term loan to fund the acquisition of Conair Corporation by American Securities.
- Advised IMI Group in relation to its $180m syndicated term loan facility, which financed the acquisition by IMI Americas (a subsidiary of IMI plc) of Adaptas Solutions (a US-based manufacturer of spectrophotometry components) pursuant to a merger which completed on 17 December 2021.
Finance > Corporate restructuring & insolvency Tier 5
Often working across the firm’s core sectors such as transport, energy and financial services, Norton Rose Fulbright‘s industry targeted restructuring and insolvency team excels in handling contentious and non-contentious cross-border matters for IPs, distressed investors, banks and corporates. James Stonebridge is noted for his expertise at handling shipping/offshore restructuring matters and heads up a ‘strong’ team that also includes the ‘technically and commercially very strong’ Mark Craggs and Alison Goldthorp, who displays ‘an entrepreneurial mindset‘ on behalf of directors, IPs and creditors.Practice head(s):
James Stonebridge
Other key lawyers:
Mark Craggs; Alison Goldthorp; Matt Thorn; Gemma Long; Manhal Zaman
Testimonials
‘The firm has a strong restructuring and insolvency team.’
‘Alison Goldthorp is a great female role-model as to how to succeed in practice. She has an entrepreneurial mindset and always looking for a different angle.’
‘Mark Craggs is technically and commercially very strong.’
Key clients
Polarcus Limited and its liquidators
Citibank
Bourbon Maritime
ABN Amro
DNB
ING Bank
SMBC
Danmarks Skibskredit
The Administrators of Insect Technology Group Limited (Brian Johnson and Peter Kubik UHY Hacker Young)
GFG Alliance
Work highlights
- Acting for Polarcus Limited and subsequently the liquidator of Polarcus UK Limited in connection with the proposed restructuring and thereafter acting for the liquidator of the UK estate.
- Advised Delta Air Lines on the recapitalisation and refinancing of Virgin Atlantic Airways including acting on the UK’s first use of the restructuring plan under Part26A under the Companies Act then on the recapitalisation and refinancing of the group throughout 2021.
TMT (technology, media and telecoms) > Media and entertainment (including media finance) Tier 5
TMT (technology, media and telecoms) > Intellectual property: patents (contentious and non-contentious) Tier 6
Norton Rose Fulbright‘s UK patent practice is led by commercial IP expert Mike Knapper. The team also engages in contentious work, with recent highlights including advising Shell on a patent infringement claim in relation to Pay at Pump technology. Notable at a non-partner level are Farah Mukaddam who was recently promoted to counsel, and senior associate Alex Redbourne. Paul Joseph has left the firm for Linklaters.Practice head(s):
Mike Knapper
Other key lawyers:
Jane Caskey; Zayed Al Jamil; Alex Redbourne
Key clients
Shell
Kerry Foods
Accolade Wines
BNP Paribas
Accenture
Sandvik
Japan Tobacco Inc.
Zanoprima
Work highlights
- Advising Kerry Foods on the sale of its meats and ready meals business to Pilgrims Foods, including advising on significant IP separation issues, including brand licences and licences of Kerry’s proprietary meat alternative technology.
- Advising Shell on a patent infringement claim brought by Ensygnia IP Limited in the Patents Court, UK High Court in relation to the alleged infringement of Ensygnia’s patent by a number of Shell entities in relation to Pay at Pump technology.
- Advised Sandvik on patent and trade mark due diligence in the context of its acquisition of DSI Underground.
TMT (technology, media and telecoms) > Sport Tier 6
Norton Rose Fulbright is experienced in the acquisition and disposal of sports franchises, negotiation of sponsorship deals, stadium financings and developments, and regulatory investigations. Corporate lawyer and practice head Stephen Rigby has developed a niche advising overseas investors into UK football clubs, as well as handling more general sporting and commercial matters.Practice head(s):
Stephen Rigby
Other key lawyers:
Claire O’Donnell; Sarah Fitzpatrick
Key clients
Envision Virgin Racing
British Racing Drivers Club Limited
Crusaders Cricket Australia Inc.
Southampton FC
London Development Agency
Société Générale
777 Partners LLC
Modern Times Group (MTG)
Work highlights
- Advised Mr Jisheng Gao on his sale of a majority stake in Southampton Football Club to Sport Republic, an investment firm led by Dragan Solak that operates in the sports and entertainment industry.
- Advised Modern Times Group MTG AB (MTG) on the sale of ESL Gaming to the Savvy Gaming Group (SGG) in an all-cash transaction.
- Advised 777 Partners LLC, a Miami-based private equity firm, on its equity investment into the British Basketball League.
Singapore > Projects: foreign firms
Latin America: International firms > Banking and finance
Norton Rose Fulbright has achieved further growth in restructurings and general lending for Brazilian and international banks, along with a notable uptick in ESG and sustainability-linked loans. The firm continues to be at the forefront of rail and metro financings across Latin America and remains active in renewable energy financings in Mexico and elsewhere. Its presence in Sao Paulo and Mexico City is complemented by its US offices, particularly New York and Washington DC, which have teams strongly focused on Latin America. Moreover, its London and other European offices, are integral to international bank relationships that bring the Latin America team a wealth of engagements. Sao Paulo managing partner Charles Johnson has spent more than two decades in Brazil, specialising in structured trade finance, project finance, asset finance and restructurings. Michael McCourt is another key partner in Sao Paulo, along with Daniel Spencer, who is a leader in infrastructure finance across Latin America. Sao Paulo counsel Caspar Davey, a fluent Mandarin speaker, has had a pivotal role in representing Chinese banks and sponsors in Latin America infrastructure financings, particularly in the rail sector. Raquel Bierzwinsky splits her time between New York and Mexico City, and specialises in project finance in Mexico, particularly in the renewable energy field. Washington DC partners Sarah Devine, a Spanish speaker, and Jeremy Hushon, hold strong connections to a wealth of agency lenders that are active in Latin America. London partner Giles Brand is active in offshore oil and gas financings in Brazil.Practice head(s):
Charles Johnson; Raquel Bierzwinsky
Testimonials
‘The team is always available and very on top of every discussion during the transactions. They are very pro-deal but always provide important legal advice. A very technical and knowledgeable team. Compared to other firms, they stand out especially for their comprehensive set of abilities and skills.’
‘The team in the São Paulo office speaks Portuguese (makes the negotiation with Brazilian clients very easy). They are pragmatic and business oriented in the sense that they do not waste time/energy on less relevant topics (such as minor wording issues) and really focus on the legal risks of the transaction. They are very experienced and help find workable solutions when the negotiations are harder. Aside form that, they are committed to timetables (sometimes challenging ones) and deliver good quality documents.‘
‘In my point of view, Charles Johnson stands out, specially given his legal knowledge and understanding of business aspects of each deal. He’s particularly very detailed-oriented and, at the same time, very straight-forward and timing aware.’
Key clients
KfW IPEX
CABEI
Deutsche Bank
Banco del Estado de Chile
BCI
Bancomext
IDB Invest
FinDev Canada
DFC (formerly OPIC)
Braskem
Banco Rabobank International Brasil
BRK Ambiental Participações
Vale
Macquarie
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO)
Société de Promotion et de Participation Pour la Coopération Economique (PROPARCO)
International Finance Corporation (IFC)
Hedera Investimentos e Participações
Banco Itau BBA
ING Bank
Banco Bradesco
Iochpe Maxion
Corporacion Andina de Fomento (CAF)
Ultrapar Participações
Goldman Sachs
JP Morgan
MUFG Bank
Banco Credit Suisse do Brasil
Banco ABN AMRO
Banco do Brasil
BNDES
DNB Bank
Banco BTG Pactual
Sumitomo Mitsui Banking Corporation
Bank of America
Work highlights
- Advised Biosev and its shareholder the Louis Dreyfus group with respect to the restructuring of $1.3bn of Biosev debt with a large group of international and Brazilian banks.
- Advised the US International Development Finance Corporation (DFC) on a $2.8bn credit facility earmarked to promote economic growth and development in Ecuador.
- Advised Brazilian petrochemical company Braskem (and its subsidiaries Braskem Netherlands and Braskem America), in connection with a $1bn syndicated revolving credit facility.
Norton Rose Fulbright > Firm Profile
The firm: Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 4,000 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa.
Areas of practice: Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses.
Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com
Offices: We have offices in the world’s most important business, financial and regulatory centres and are active in strategically important growth markets. Our offices are located in Amsterdam, Athens, Austin, Bahrain, Bangkok, Beijing, Brisbane, Brussels, Calgary, Canberra, Cape Town, Casablanca, Dallas, Denver, Dubai, Durban, Frankfurt, Hamburg, Hong Kong, Houston, Istanbul, Jakarta (in association with Norton Rose Fulbright Australia), Johannesburg, London, Los Angeles, Luxembourg, Melbourne, Mexico City, Milan, Minneapolis, Monaco, Montréal, Moscow, Munich, New York, Ottawa, Paris, Perth, Piraeus, Port Moresby, Québec, Rio de Janeiro, Riyadh (in association with Mohammed Al-Ghamdi Law Firm), San Antonio, San Francisco, São Paulo, Shanghai, Singapore, St Louis, Sydney, Tokyo, Toronto, Vancouver, Warsaw and Washington, DC. In Africa, we have alliances with firms in Kenya, Uganda, Burundi and Zimbabwe
Number of partners (worldwide): 1,000+
Number of other fee-earners (worldwide): 2,000+
Total staff: 7,500+
Global key contacts
Financial institutions: James Bateson
Energy: Anne Lapierre and John Mauel
Infrastructure, mining and commodities: Nick Merritt
Transport: Harry Theochari
Technology: Nick Abrahams
Life sciences and healthcare: Stacey Martinez and Randy Sutton
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Global chief executive | Peter Martyr | ||
Global chair | Stephen Parish | ||
Banking and finance | Nick Grandage | ||
Corporate, M&A and securities | Ava Yaskiel | ||
Dispute resolution and litigation | Gerard Pecht | ||
Energy | Simon Currie | ||
Financial institutions | James Bateson | ||
Infrastructure, mining and commodities | Nick Merritt | ||
Life sciences and healthcare | Patrick Kierans | ||
Life sciences and healthcare | Rick Robinson | ||
Technology and innovation | Mike Rebeiro | ||
Transport | Harry Theochari |
Lawyer Profiles
Diversity
At Norton Rose Fulbright our vision is to be an employer of choice worldwide, attracting and retaining the best people in order to provide our clients with the most considered and innovative advice.
To attract the best people, we strive to create a diverse and inclusive environment where everyone can realise their full potential. With more than 7,000 people worldwide, we benefit from the diversity of perspectives and experiences they bring to the firm – from national origin, disability and gender identity to religion, race and ethnicity, culture, sexual orientation and socio-economic backgrounds. We value difference and actively promote a culture of inclusion, encouraging everyone to be curious about the different perspectives of our colleagues, clients and the communities in which we operate.
The global D&I sub-committee reports into the Global Executive Committee and advises on the strategic commitments needed to ensure we build a diverse and inclusive partnership and firm. Our global D&I strategy focuses on gender; race and ethnicity; LGBTIQ+; disability; mental health; social mobility; family and carers.
We believe targeted measures drive change and enable us to measure progress. In 2020 we launched an aspirational global gender target of 40% women and 40% men, and 20% flexibility to be fully inclusive as well as a new race and ethnicity strategy to accelerate progress. The refreshed ethnicity strategy introduced UK BAME targets: by 2025, 15% of partners (currently 9%) and 25% of employees (currently 20%). The annual BAME trainee recruitment target remains 25%, and now includes a target of 10% Black trainees.
To support diverse talent through critical career stages and to strengthen our pipeline and increase representation of minority groups we have developed a suite of programmes and initiatives to foster an inclusive culture. For example, our Career Strategies Programmes (CSP) are global modular development programmes to support women and minority ethnic fee-earners on track for partnership. In the UK we are expanding the CSP to BAME business services professionals and creating two other career development programmes for more junior lawyers and business services professionals.
To support our wider inclusion strategy we have nearly 50 employee networks globally. The network groups cover all areas of inclusion and share the aims of building awareness, providing development and networking opportunities, supporting business development and profiling role models.
As a corporate citizen we use our skills and knowledge to make a difference for the wider communities in which we operate, to help shape the future in a way that provides economic, ecological and social benefits for all. We are active across our local communities, working closely with a number of charitable organisations utilising the skills of our people through pro bono and volunteering opportunities, fundraising for a number of important causes and ensuring we are an environmentally conscious business.
Comparative Guides
-
United States: International Arbitration
Published: November 2022
Authors: Matthew H. Kirtland Katie Connolly Esha Kamboj Eddie Skolnick Ernesto M. Hernández
This country-specific Q&A provides an overview to International Arbitration laws and regulations that may occur in United States.
-
Hong Kong: Insurance & Reinsurance
Published: May 2022
Authors: James Parker Etelka Bogardi Graeme Mackay Amy Chung
This country-specific Q&A provides an overview to Insurance & Reinsurance laws and regulations that may occur in Hong Kong.
- Corporate and commercial > Equity capital markets – small-mid cap
- Finance > Islamic finance
- Finance > Trade finance
- Finance > Transport finance and leasing
- Industry focus > Emerging markets
- Insurance > Insurance: corporate and regulatory
- Projects, energy and natural resources > Mining and minerals
- Projects, energy and natural resources > Power (including electricity, nuclear and renewables)
- Real estate > Commercial property: corporate occupiers
- TMT (technology, media and telecoms) > Fintech
- TMT (technology, media and telecoms) > IT and telecoms
- Transport > Aviation
Top Tier Firm Rankings
- Corporate and commercial > Equity capital markets – mid-large cap
- Corporate and commercial > Financial services: contentious
- Corporate and commercial > Financial services: non-contentious/regulatory
- Corporate and commercial > VAT and indirect tax
- Crime, fraud and licensing > Fraud: civil
- Dispute resolution > Commodities disputes
- Employment > Pensions (non-contentious)
- Finance > Asset based lending
- Finance > Debt capital markets
- Finance > Derivatives and structured products
- Finance > Securitisation
- Industry focus > Hospitality and leisure
- Industry focus > TMT
- Insurance > Professional negligence
- Investment fund formation and management > Listed funds
- Projects, energy and natural resources > Infrastructure
- Projects, energy and natural resources > Oil and gas
- Real estate > Commercial property: development
- Real estate > Construction: non-contentious
- Real estate > Environment
- Risk advisory > Corporate governance
- Risk advisory > Data protection, privacy and cybersecurity
- Risk advisory > Regulatory investigations and corporate crime (advice to corporates)
- Transport > Rail
Firm Rankings
- Corporate and commercial > Corporate tax
- Corporate and commercial > EU and competition
- Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals)
- Dispute resolution > Banking litigation: investment and retail
- Dispute resolution > Commercial litigation: premium
- Dispute resolution > Competition litigation
- Dispute resolution > International arbitration
- Dispute resolution > Tax litigation and investigations
- Employment > Employee share schemes
- Employment > Health and safety
- Finance > Bank lending: investment grade debt and syndicated loans
- Insurance > Insurance and reinsurance litigation
- Real estate > Commercial property: investment
- Real estate > Construction: contentious
- Real estate > Property finance
- Corporate and commercial > M&A: upper mid-market and premium deals, £500m+
- Corporate and commercial > Private equity: transactions - mid-market deals (up to £250m)
- Employment > Employers
- Employment > Pensions: dispute resolution
- Real estate > Planning
- Real estate > Property litigation
- TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design
- Transport > Shipping
- Corporate and commercial > Venture capital
- Finance > Acquisition finance
- Finance > Corporate restructuring & insolvency
- TMT (technology, media and telecoms) > Media and entertainment (including media finance)