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Simmons & Simmons

CITYPOINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9SS, ENGLAND
Tel:
Work +44 20 7628 2020
Fax:
Fax +44 20 7628 2070
DX:
12 LONDON CHANCERY
Email:
Web:
www.simmons-simmons.com

Patrick Wallace

Tel:
Work 020 7825 3082
Email:
Simmons & Simmons

Work Department

Projects.

Position

Patrick is an energy and infrastructure lawyer. He has many years of experience of power, oil and gas and infrastructure work. He acts on a wide range of transactions, covering projects, joint ventures, private M&A and asset acquisitions, privatisations, commercial contracts and trading and regulatory work. He has a broad-ranging practice both in the UK and internationally, where he has particularly strong experience in Central and Eastern Europe and South Asia. Patrick’s power sector expertise covers thermal, nuclear, and renewables generation, emissions trading, transmission, supply and distribution. He was heavily involved in establishing the UK power market at privatisation and in its subsequent reform; and he has worked on many major power projects and acquisitions in the UK, mainland Europe and Asia since the early 1990s. His other energy and natural resource experience includes oil and gas pipelines, refineries, supply contracts, oil and gas acquisitions and mining and water sector transactions.

Career

Trained Freshfields; qualified 1987; Freshfields Bruckhaus Deringer for over 20 years, including partner for 15 years and a period as managing partner of the Frankfurt office; visiting scholar at the University of California Berkeley while researching as Harkness Fellow in the US; partner Simmons & Simmons 2007.

Languages

Fluent French and German.

Education

King’s College London (1986 first class honours law degree); University of Paris 1 (1982 Maitrise en Droit); Harvard University (1992 LLM).


London: Projects, energy and natural resources

Infrastructure (including PFI and PPP)

Within: Infrastructure (including PFI and PPP)

Simmons & Simmons covers an impressive range of matters in the infrastructure space. It provides counsel on matters such as M&A transactions and secondary trading; project finance and refinancing; and international PPPs. The team regularly acts as trusted adviser to governments and infrastructure funds, and it has noteworthy expertise in sectors such as rail and transport, defence and waste. Andrew Petry has particular experience in banking and project finance, while Juliet Reingold is a key contact for PPP-related issues. Patrick Wallace has longstanding experience, which also expands to assisting clients in privatisations, commercial contracts and trading, and regulatory matters. Iain Duncan is head of the department.

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Oil and gas

Within: Oil and gas

Iain Duncan's team at Simmons & Simmons is particularly known for its experience in the midstream sector, where it regularly advises on the development and financing of LNG projects, bulk storage terminals and international pipeline projects. Clients include international energy companies, developers, governments and financial institutions. Adrian Nizzola has particular expertise in matters in the Middle East, while Patrick Wallace regularly advises on high-profile, politically sensitive matters, and has extensive experience in Africa, Central and Eastern Europe, and Asia.

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Power (including electricity, nuclear and renewables)

Within: Power (including electricity, nuclear and renewables)

Simmons & Simmons regularly advises on acquisitions, development and financing of renewables projects, often as part of major platforms for developing large numbers of projects on similar terms. The group is particularly known for its experience in the African, European and UK renewables markets. Iain Duncan heads the UK energy, natural resources and infrastructure group; other key partners include 'strong deal leader' Andrew Petry and Patrick Wallace.

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Legal Developments by:
Simmons & Simmons

  • Failure to counter financial crime: Norwich Union Life

    In December 2007, the Financial Services Authority (FSA) imposed a fine of £1.26m on Norwich Union Life (part of the Aviva Group), one of the largest life insurance businesses in the UK with around seven million customers. The fine related to failures to take reasonable care to establish and maintain effective systems and controls for countering the risks of financial crime. The fine is the latest confirmation of the emphasis being placed on protecting clients and customers from the threat of financial crime.
    - Simmons & Simmons

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