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Norton Rose Fulbright

Nicholas Berry

Tel:
Work 020 7444 2127
Email:
Norton Rose Fulbright

Work Department

Corporate, M&A and Securities; Insurance

Career

http://www.nortonrosefulbright.com/uk/people/35495


London: Corporate and commercial

M&A: upper mid-market and premium deals, £250m+

Within: M&A: upper mid-market and premium deals, £250m+

Norton Rose Fulbright¬†'s practice, which is headed by¬†Raj Karia¬†,¬†¬†demonstrates ‚Äėfirst class client responsiveness and availability‚Äô, with an increasingly consolidated cross-border M&A offering.¬†The practice is strong for financial services, FinTech and distressed transactions. Representative clients include Delta Airlines, BMW, Rio Tinto and 3M. Oil and gas transactions have been significant, with¬†Kimberley Wood¬†assisting Shell with its disposal of a 45% in the Corrib gas venture to Canada Pension Plan Investment Board and¬†Stephen Rigby¬†acting for Hermes Investment Management on the acquisition of a substantial shareholding in a gas distribution network from National Grid, as part of a consortium. Other highlights included¬†Chris Viner¬†advising Mitsui group companies on the formation of a Norwegian joint venture company with AKOFS Offshore and Christopher Pearson¬†advising Trinity Mirror on its acquisition of Northern & Shell for ¬£127m.¬†Alan Bainbridge¬†is ‚Äėexcellent in terms of commerciality, board room interaction and credibility‚Äô, specialising in strategic M&A and corporate advisory work for financial institutions. Claire O‚ÄôDonnell,¬†Nicholas Berry, Victoria Birch¬†and Charlotte Henry¬†were all promoted to partner level.

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London: Insurance

Insurance: corporate and regulatory

Within: Insurance: corporate and regulatory

James Bateson¬†leads¬†Norton Rose Fulbright's¬†‚Äėextremely knowledgeable‚Äô insurance team, which is¬†continuing to develop, with Nicholas Berry¬†and Noleen John¬†recently promoted to partner. The practice is particularly notable for cross-border M&A and restructurings work, but can also boast a leading life assurance practice headed by corporate finance expert¬†Maria Ross, as well as a UK InsurTech practice, which means it is well positioned to advise clients on the regulatory and legal aspects of this emerging market. However, the firm‚Äôs Lloyd‚Äôs practice remains its stand-out area, and it demonstrates its expertise and experience by advising across all aspects of the Lloyd‚Äôs market.¬†David Whear¬†is a leading practitioner in this field, as shown by his work advising on the disposal (outsisde of Lloyd's) of leading UK managing general agent UK General Insurance to certain funds/vehicles managed by global private equity house J.C. Flowers & Co. Also noteworthy is the ‚Äėvery bright and easy to deal with‚Äô Robert (Bob) Haken, who remains at the forefront of developments relating to Solvency II, and financial institutions M&A specialist¬†Matthew Foster¬†who advises insurers and banks.

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Insurance: insolvency and restructuring

Within: Next generation lawyers

Nicholas Berry - Norton Rose Fulbright

Within: Insurance: insolvency and restructuring

The insurance team at Norton Rose Fulbright is best known for its work in financial lines (including directors' and officers' insurance); marine, energy and aviation; cyber and technology; complex claims; class actions; and regulation. Commercially aware and client driven, it has particular expertise in complex transactions, especially cross-border mandates. The team, headed by James Bateson, also includes Robert (Bob) Haken, who previously spent nine months on secondment to the Prudential Regulation Authority (PRA), where he worked on the implementation of the Solvency II Directive. Recent highlights include Lloyd's market expert David Whear advising Probitas Holdings (Bermuda), the holding company for Lloyd’s turnkey Syndicate 1492, in relation to an investment by Saudi Reinsurance Company and a related group reorganisation. Also noteworthy is the team's continued innovation in areas such as InsurTech, with newly promoted partner Nicholas Berry leading the firm’s InsurTech practice. The growing practice also saw the promotion to partner of Noleen John, a member of the corporate insurance team.

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London: TMT (technology, media and telecoms)

Fintech

Within: Fintech

Norton Rose Fulbright's department, which embodies 'a good balance of caution with practical assistance', has 'very good awareness of the blockchain space', and provides 'a sensible guide to the cryptosphere'; other areas of strength include regtech, insurtech, payments, robo-advice and establishing DLT platforms. The 'unflappable' Sean Murphy, who heads the group jointly alongside financial services regulatory experts Imogen Garner and Hannah Meakin, can 'absorb and martial an inordinate amount of information'. He acted for Web 3.0 Technologies Foundation on its $150m ICO to support the creation of a multi-blockchain system to develop greater connectivity between blockchains. He also assisted banks such as ABN AMRO and ING and energy companies including BP, Shell and Statoil with establishing a joint venture to develop a DLT-based commodity-trading platform. Garner advised a foreign state government on drawing up a legal framework for a new technology regulator. Corporate and regulatory insurance expert Nicholas Berry advised Lloyd's of London on issues surrounding the underwriting of cryptocurrency risks. Structured finance specialist David Shearer and banking expert Nicholas (Nick) Grandage acted for AIG and Standard Chartered Bank on a £200m trade receivables purchase facility, with blockchain facilitating the receivables' purchase and settlement. Other clients include UBS, Paxos and the New Payment System Operator (NPSO). Insurtech associate Charlotte Rowlandson's 'attention to detail coupled with her amazing turnaround speeds defy understanding'; one client describes her as 'a power behind the throne'.

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