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Akin Gump LLP

EIGHTH FLOOR, TEN BISHOPS SQUARE, LONDON, E1 6EG, ENGLAND
Tel:
Work 020 7012 9600
Email:
Web:
www.akingump.com

London: Corporate and commercial

Corporate tax
Corporate tax - ranked: tier 5

Akin Gump LLP

Akin Gump LLP's main focuses are restructurings and investment fund taxation, drawing on the firm's wider expertise in financial services. Department head Stuart Sinclair handles a variety of structuring and transactional work. Sophie Donnithorne-Tait is noted for experience in major restructurings and reorganisations, and also leads on pro bono support provided to the National Revenue Authority of Sierra Leone, alongside counsel Serena Lee, who is experienced in investment funds and restructurings.

Practice head(s):Stuart Sinclair

Other key lawyers:Sophie Donnithorne-Tait; Serena Lee

Testimonials

'This team has all-round expertise on corporate tax issues combined with a depth of expertise which is rarely found in the City of London'

'Stuart Sinclair is a highly trusted adviser who is in the top tier of corporate tax lawyers in London'

'Serena Lee is highly knowledgeable, thoughtful and responsive; truly excellent'

Key Clients

Ad hoc committee of unsecured creditors to the Noble Group

Agrokor d.d.

Ahren LLP

National Revenue Authority, Sierra Leone

BrightSphere Investment Group plc (previously known as OM Asset Management plc)

Work highlights

  • Advised on the establishment and formation of Ahren LP and continue to advise on its ongoing investments
  • Acted as independent international legal counsel in relation to the $6.35bn restructuring of the Agrokor group
  • Represented the ad hoc committee of unsecured creditors in the proposed financial restructuring of over US$3.5bn of debt issued by Noble
Rising stars

Serena Lee - Akin Gump LLP

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EU and competition
EU and competition - ranked: tier 4

Akin Gump LLP

Akin Gump LLP’s competition department acts for an enviable spread of clients including multiple financial institutions, large hedge funds and institutional asset managers. Apart from its strong presence in the banking and the financial services sectors, the group stands out for its in-depth expertise in regulated markets such as TMT, energy and utilities. The team advises on behavioural competition issues, state aid, and cross-border merger control matters. Certainly noteworthy, the team’s global network and its strong position in the London market allow it to take the lead on multi-jurisdictional matters involving teams based in the US, across Europe, and Asia. Davina Garrod heads the practice, where counsel Scott Pettifor is also a key figure.

Practice head(s):Davina Garrod

Other key lawyers:Scott Pettifor

Testimonials

'Very responsive and always produces high-quality results

A very dedicated, smart and business-minded team – this applies from partner down to junior associates

Davina and her team are very safe hands for clients’ competition law referrals

Counsel Scott Pettifor has very detailed knowledge of competition law in both the UK and across Europe

Davina Garrod has in-depth understanding of the law beyond her home jurisdiction an deals well with external pressures

Key Clients

Singapore Airlines

Goldman Sachs

Lukoil

Kingston Technology

Wil. Wilhelmsen Holding ASA

Apollo Global Management

Baker Hughes

Foxconn

Strategic Value Partners

UBS

Work highlights

  • Assisting Sberbank of Russia with matters concerning the merger control aspects of the ongoing restructuring of Agrokor; Sberbank will be the largest post-restructuring shareholder in the restructured Agrokor Group.
  • Advised Singapore Airlines and CAE International Holdings on the formation of a joint venture that will develop and operate a commercial-flight centre in Singapore. The team's work included obtaining the required merger control approvals in the EU and coordinating with local counsel in the other filing jurisdictions.
  • Advised UBS O’Connor on merger control and media plurality issues in more than 20 jurisdictions in relation to each of Disney’s bid for Fox, and Comcast's (and Fox’s and Disney’s) bid for Sky.
  • Advised Neuberger Berman on antitrust risks associated with the UK CMA’s and US DOJ’s merger investigations into the Chicago Mercantile Exchange’s acquisition of the NEX Group.
Leading individuals

Davina Garrod - Akin Gump LLP

Rising stars

Scott Pettifor - Akin Gump LLP

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EU and competition: trade, WTO anti-dumping and customs
EU and competition: trade, WTO anti-dumping and customs - ranked: tier 3

Akin Gump LLP

Focusing on work in the transactional and investigatory space, the international trade department at Akin Gump LLP advises on the financial crime and compliance aspects of trade. The team has an established presence in sectors such as industrial manufacturing, energy, shipping and offshore construction. A standout development is the team’s recent increase in instructions concerning multi-jurisdictional internal investigations and voluntary self-disclosures. Jasper Helder heads the department and advises on issues concerning economic sanctions, EU export controls, and anti-corruption and anti-money laundering compliance. Senior counsel Chiara Klaui is also recommended for trade compliance work involving the EU and the US.

Practice head(s):Jasper Helder

Other key lawyers:Chiara Klaui

Testimonials

'A truly special team - always prepared to answer complex regulatory inquiries in a concise but comprehensive manner'

'The team delivers positive results every time'

'Chiara Klaui is incredibly diligent, quick and thorough in her responses to clients'

Key Clients

United Technologies Corporation

Space Exploration Technologies

Raytheon

United Parcel Service

Esterline Technologies Corporation

Textron I

Volkswagen Group of America

Johnson & Johnson

Fluor Corporation

Archer Daniels Midland Company

Embassy of the United Arab Emirates (Washington, D.C.)

Government of British Columbia

Ministry of Trade

Advanced Drainage Systems

Bain Capital

Bridgestone

Consumer Technology Association

Sunrun

International Data Group

International Shipholding Corproation

Organization for International Investment

Information Technology Industry Council

Northleaf Capital Partners

BBI Detection

Work highlights

  • Assisting a global online accommodation reservations platform with an internal review into potential violations of the EU sanctions against Crimea and the subsequent preparation of a voluntary self-disclosure to an EU member state sanctions regulator.
  • Advising an informal committee of creditors of a central European food and retail group on the sanctions-related aspects of the implementation of a debt-for-equity restructuring.
  • Assisting an investment fund with conducting a large customs litigation concerning the alleged underpayment of customs, anti-dumping and countervailing duties.
  • Assisting a large 3D printing company with the export controls classification of its product portfolio.
  • Advising a global beverage company on the customs-related ramifications of Brexit on its EU-based operations.

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Financial services: contentious
Financial services: contentious - ranked: tier 3

Akin Gump LLP

Akin Gump LLP specialises in cross-border matters for a range of clients including hedge fund managers, retail banks, brokerages and insurance intermediaries. Helen Marshall leads the overall practice and has particular expertise in regulatory investigations and enforcement proceedings. Her contentious team is experienced in dealing with the The Financial Conduct Authority and the  Prudential Regulation Authority in relation to investigations, information requests, product intervention queries and broader supervisory enquiries. It also works closely with the firm’s non-contentious practice, which advises the financial services industry on regulatory developments and the impact of EU legislation. This side of the practice is led by Ezra Zahabi, who was promoted to partner in 2019. Her group is notable for advice on Brexit, MiFiD II and market abuse issues. Partner Rosemarie Paul , who previously worked at FCA precursor the FSA, left in 2018 for Ropes & Gray LLP.

Practice head(s):Helen Marshall

Testimonials

'Insightful, pragmatic, commercial and responsive. I have worked with the team for many years now and have never had anything but good feedback from my own internal team about them.'

'Helen Marshall is quite simply excellent. A detailed knowledge of the law and regulation; no mean feat in the continuously changing environment, not only of rules but also of the regulators' application of them, as well as always striking the right chord in her dealings with us.'

Leading individuals

Helen Marshall - Akin Gump LLP

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Financial services: non-contentious/regulatory
Financial services: non-contentious/regulatory - ranked: tier 6

Akin Gump LLP

Akin Gump LLP specialises in cross-border matters for a range of clients including hedge fund managers, retail banks, brokerages and insurance intermediaries. Helen Marshall leads the overall practice and has particular expertise in regulatory investigations and enforcement proceedings. Her contentious team is experienced in dealing with the The Financial Conduct Authority and the  Prudential Regulation Authority in relation to investigations, information requests, product intervention queries and broader supervisory enquiries. It also works closely with the firm’s non-contentious practice, which advises the financial services industry on regulatory developments and the impact of EU legislation. This side of the practice is led by Ezra Zahabi, who was promoted to partner in 2019. Her group is notable for advice on Brexit, MiFiD II and market abuse issues. Partner Rosemarie Paul, who previously worked at FCA precursor the FSA, left in 2018 for Ropes & Gray LLP.

Practice head(s):Helen Marshall

Other key lawyers:Ezra Zahabi

Testimonials

'Insightful, pragmatic, commercial and responsive. I have worked with the team for many years now and have never had anything but good feedback from my own internal team about them.’

‘Helen Marshall is quite simply excellent. A detailed knowledge of the law and regulation; no mean feat in the continuously changing environment, not only of rules but also of the regulators’ application of them, as well as always striking the right chord in her dealings with us.’

Next Generation Partners

Ezra Zahabi - Akin Gump LLP

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M&A: upper mid-market and premium deals, £500m+
M&A: upper mid-market and premium deals, £500m+ - ranked: tier 6

Akin Gump LLP

Akin Gump LLP 's London corporate team focuses on matters in Europe, Russia and the CIS, the Middle East, Asia and emerging markets. With its US heritage, the firm is also well poised to advise on UK-US inbound and outbound investments, and the London team often collaborates with the US offices on transatlantic M&A work. The team, co-led by Sebastian Rice and Daniel Walsh, handles negotiated transfers, auction processes, hostile takeovers, leveraged buyouts and joint ventures, involving both public and private companies. Key industry sectors include oil and gas, telecommunications and financial services. Gavin Weir joined from White & Case.

Practice head(s):Sebastian Rice; Daniel Walsh

Other key lawyers:David Sewell; Harry Keegan; Gavin Weir

Testimonials

'Truly exceptional in terms of client service, commerciality, legal innovation and ability to deliver deals. Always get partner attention on every detailed aspect of the deal; the more complex the better'

'Excellent team  with a strong focus on customer relationships and end to end customer service, Dan Walsh, Sebastian Rice and David Sewell are all great on high value and complex emerging markets deals'

'Incredibly proactive and commercial - their attention to detail is incomparable. 

'Sebastian Rice and Daniel Walsh are standout performers'

'Gavin Weir is absolutely first class'

Key Clients

Inguran

USM Holdings

Mail.ru Group

Xcite Energy

Outrider Master Fund LP

Veon

LUKOIL

Oaktree Capital

Bridas Corporation

Brunswick Rail Limited

Work highlights

  • Advised the Mail.ru Group on its strategic partnership and joint venture with a number of entities, including Alibaba Group, to launch a social commerce venture in Russia and the CIS.
  • Represented Inguran in the $18.5m acquisition of the UK's largest bull stud business.
  • Acted for DEA Deutsche Erdoel AG on its acquisition of Sierra Oil & Gas, a Mexican oil and gas company.
  • Advised CIEP and Discover Exploration in relation to the acquisition of the entire issued share capital of Hansa Hydrocarbons Limited for an undisclosed amount.
  • Represented PJSC LUKOIL, in conjunction with the Moscow office, on its $3bn market purchase buyback programme.

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Private equity: transactions ‚Äď mid-tier ‚Äď up to ¬£250m
Private equity: transactions ‚Äď mid-tier ‚Äď up to ¬£250m - ranked: tier 3

Akin Gump LLP

Backed by robust firm-wide expertise in energy and natural resources, Akin Gump LLP's City private equity team has made inroads into deals involving energy target companies. The TMT sector is another strategic focus area, with the group further boasting a strong track record of representing Russian clients and handling work originating from this jurisdiction. Sebastian Rice heads up the practice; David Sewell is also of note.

Practice head(s):Sebastian Rice

Other key lawyers:David Sewell

Key Clients

USM Holdings

UFG Private Equity

Ahren Innovation Capital

VEON Ltd

The Carlyle Group/Carlyle International Energy Partners

Mail.ru Group

PlayAGS (portfolio company of Apollo Global Management)

Discover Exploration

The Blackstone Group No

Lansdowne Partners (UK) LLP

Work highlights

  • Advised CIEP and Discover Exploration in relation to corporate matters regarding the acquisition of 100% of the share capital of Hansa Hydrocarbons Limited by Discover Exploration Limited, a Carlyle portfolio company.
  • Advising Mail.ru Group on a strategic partnership and joint venture with Alibaba Group, PJSC “MegaFon” and the Russian Direct Investment Fund to integrate Russia’s key consumer internet and e-commerce platforms and launch a leading social commerce joint venture in Russia and the CIS.
  • Advised Discover (a Carlyle portfolio company) on its acquisition of 100% of the share capital of Bahari Resources Limited, its joint venture partner (with a 40% interest) on Blocks 35, 36 and 37 Comoros, East Africa.
  • Advised UFG Asset Management, a private asset management group, on the acquisition by a fund of an interest in an infrastructure holding company from multiple pan-European sellers.
  • Advised Ahren Innovation Capital, a new investment fund focused on investing in deep tech and deep science, on its first investment – a $10 million equity investment in Cambridge Epigenetix Limited.

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London: Crime, fraud and licensing

Fraud: civil
Fraud: civil - ranked: tier 4

Akin Gump LLP

The London team at US firm Akin Gump LLP , which is led by the 'extremely bright and hands-on' Kambiz Larizadeh, has a track record of work on international disputes, with areas of expertise including mandatory and prohibitive injunctions, international and domestic freezing injunctions, and anti-suit proceedings. Clients include international corporates, major financial institutions, media and technology companies, airlines and high-net-worth individuals. The firm has particular strength in the energy sector and strong experience in the Russian and CIS markets. Other key partners include 'real leader' Justin Williams, the hugely experienced Mark Dawkins and the 'astute' Richard Hornshaw.

Practice head(s):Kambiz Larizadeh

Other key lawyers:Justin Williams; Mark Dawkins; Richard Hornshaw; Jenny Arlington; Tom Laidler; Fred Thorling; Aimee Smart

Testimonials

‘Akin Gump has considerable strength in depth, with a large team of partners and associates with significant experience in this area’.

‘They are hardworking and fight the client's corner, whilst being pragmatic and exercising sound judgment, a key asset in the rough and tumble of fraud litigation’.           

‘Richard Hornshaw is astute, able to rally and organise a team effectively whilst still being on top of the detail’.

‘Kambiz Larizadeh is extremely bright and hands-on, always considering the case from all angles and with an eye on strategy at every turn’.

‘Aimee Smart is a relatively junior associate who punches well above her weight; she has a mastery of the detail, is efficient and very hard working’.

‘Justin Williams is a real leader; he engages exceptionally well with the clients and proactively addresses their concerns and proposes commercially advantageous dispute resolution suggestions’.

Key Clients

PJSC Tatneft

Renova Industries Ltd

Partners of Deloitte LLP as Joint Administrators of African Minerals Limited

The Joint Administrators of Afren PLC (in administration)

Work highlights

  • Acting for Tatneft in $380m English litigation proceedings against four Ukrainian oligarchs.
  • Acting for the Joint Administrators of Afren PLC (in administration) and for certain subsidiaries in relation to more than 20 litigation claims, some of which are for sums exceeding $100m.

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London: Dispute resolution

Banking litigation: investment and retail
Banking litigation: investment and retail - ranked: tier 3

Akin Gump LLP

Akin Gump LLP 'has great litigators and client skills'. The firm has a widely respected cross-border creditor litigation practice and regularly works alongside its highly regarded restructuring colleagues. It also benefits from a robust investment funds litigation practice. Mark Dawkins acts in complex, high-value disputes and investigations, often of a multi-jurisdictional nature. Richard Hornshaw is 'clever, hardworking and assembles great teams around him', Kambiz Larizadeh is a civil fraud specialist, and senior counsel Sheena Buddhdev has particular expertise in insolvency and restructuring.

Practice head(s):Mark Dawkins

Other key lawyers:Richard Hornshaw; Kambiz Larizadeh; Sheena Buddhdev

Testimonials

'The premier bond litigation team in London, standing head, shoulders and torso above the rest.'

'Richard Hornshaw is a legend in the making.'

Key Clients

Oak Finance creditors

Ad Hoc Group of Creditors of Noble Group

Deloitte as administrators of African Minerals

Cornwall Luxembourg

Principal Global Investors

Prudential Insurance Company of America

PJSC LUKOIL

Fairhold Securitisation

Work highlights

  • Advised a sovereign wealth fund, pension funds, hedge funds, and a private European bank as former holders of approximately $650m notes issued by Oak Finance Luxembourg, on litigation in England against Novo Banco.

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Commercial litigation
Commercial litigation - ranked: tier 4

Akin Gump LLP

Akin Gump LLP's London group 'has grown up fighting complex, multi-jurisdictional cases and conducted some of the highest value and most complex litigation for some of the savviest and most sophisticated clients'. It specialises in complex cross-border litigation, including acting for hedge funds and other investment firms on international creditor disputes.These include restructuring matters, debt disputes and shareholder activism issues.Other key areas are energy disputes and Russia and CIS-related litigation. Mark Dawkins, Richard Hornshaw, Kambiz Larizadeh and Justin Williams are all experienced advisers; senior counsel Sheena Buddhdev and counsel Jenny Arlington are also names to note.

Practice head(s):Mark Dawkins

Other key lawyers:Richard Hornshaw; Kambiz Larizadeh; Justin Williams; Sheena Buddhdev; Jenny Arlington

Testimonials

'Its tactical skills are exceptional'.

'Richard Hornshaw is a phenomenal lawyer, who is hardworking, bright, client focused, and possessed of sound judgement'.

Key Clients

Renova

Tatneft

The joint administrators of Afren

LUKOIL

Partners of Deloitte, as joint administrators of African Minerals

Bridgestone

Work highlights

  • Advised Oceanwood Opportunities Master Fund on multiple sets of proceedings, which arose out of the Norske Skog group's financial restructuring.
Leading individuals

Justin Williams - Akin Gump LLP

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International arbitration
International arbitration - ranked: tier 4

Akin Gump LLP

Akin Gump LLP 'has an excellent all-round arbitration practice that is very adept at making London-seated arbitrations under English law intelligible to international clients'. It handles complex, high-stakes international commercial arbitrations and BIT disputes for multinational corporations and sovereign governments around the world. The practice has particular experience in oil and gas, power generation and telecoms. Justin Williams leads the worldwide international arbitration practice from the London office, which also includes Hamish Lal, Kambiz Larizadeh, Richard Hornshaw and counsel Jenny Arlington.

Practice head(s):Justin Williams

Other key lawyers:Hamish Lal; Kambiz Larizadeh; Richard Hornshaw; Jenny Arlington

Testimonials

'The team manages to attract high-quality arbitration work year after year; it shows excellent commercial awareness and in-depth understanding of clients' needs and priorities'.

'Justin Williams is a great strategic thinker, who is very experienced and has a superb grasp of the big picture; he is also calmness personified when under heavy fire'.

Key Clients

Renova

LUKOIL

China State Construction Engineering

Bridgestone Licensing Services and Bridgestone Americas

Wesley International

The Liquidators of OWBBunkers (South Africa)

The Government of Ras Al Khaimah

SPX Flow

Work highlights

  • In one of the first investor-state cases relating to IP investments, the team acted for Bridgestone in a dispute that arose out of a Panamanian Supreme Court decision, which ordered Bridgestone to pay damages to a Panamanian tyre company for opposing a confusingly similar trade mark application.
Leading individuals

Justin Williams - Akin Gump LLP

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London: Finance

Bank lending: investment grade debt and syndicated loans
Bank lending: investment grade debt and syndicated loans - ranked: tier 5

Akin Gump LLP

At Akin Gump LLP, Russian-speaking team head Robert Aulsebrook has a particular niche advising on financing work with a Russia nexus and continues to handle a significant amount of work for multinational oil and gas company PJSC Lukoil. The arrival in November 2018 of Tom O’Connor from Morgan, Lewis & Bockius UK LLP broadens the scope of the firm's offering and provides front-end private placement expertise for institutional investors,   which supplements the firm's preeminent bondholder restructuring practice.

Practice head(s):Robert Aulsebrook

Other key lawyers:Stephen Peppiatt; Tom O’Connor; Tori Weir; Inderveer Hothi

Testimonials

'Robert Aulsebrook has the ability to provide tailor-made solutions and to provide a strong defence of the client's position.'

Key Clients

PJSC LUKOIL

Lukinter Finance

CEVA Group plc

VEON (formerly VimpelCom)

Tennenbaum Capital Partners, Deutsche Bank and Goldman Sachs BDC

Affinion Group Holdings, Inc.

VTB Bank

Work highlights

  • Advised PJSC LUKOIL as guarantor and LUKOIL Overseas Uzbekistan Limited as borrower on a $660m financing to fund the construction of a gas processing complex in Uzbekistan.
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Corporate restructuring & insolvency
Corporate restructuring & insolvency - ranked: tier 1

Akin Gump LLP

Headed by James Roome and Barry Russell, Akin Gump LLP's 13-partner team dominates the public bondholder and private placement space. It is consequently involved in many of the biggest-ticket global mandates, leveraging the expertise of practitioners in key international locations including New York, Frankfurt, and Hong Kong. The team is appreciated by clients for its willingness and ability to 'make a deal, even between disparate and different types of stakeholders', and while the team may be more limited in scope than some of ranked firms, it has 'unrivalled experience in representing bondholder committees in distressed situations'. Although the practice is sector agnostic it has particular strength in the energy space, where James Terry has provided an 'outstanding service' to Norwegian Trustee and across high yield restructurings in the oil and gas industry. 'A very safe pair of hands for all complex restructuring work', Liz Osborne has an 'excellent profile in the market' and recently led the firm's work as independent international counsel in connection with the negotiation, agreement, and implementation of the settlement plan for Croatia-based conglomerate Agrokor on its high-profile restructuring. Emma Simmonds 'consistently provides pragmatic advice in complex situations' and is also recommended.

Practice head(s):James Roome; Barry Russell

Other key lawyers:James Terry; Liz Osborne; Tom Bannister; Neil Devaney; Emma Simmonds; Lois Deasey

Testimonials

'The team effectively represents the interests of its clients in complex restructurings.'

'The partners know all the players in the investment community and are well-positioned to understand points of leverage and effective negotiating strategies.'

'The firm understands the motivations of its US-based clients, is commercial in its approach, and works tirelessly and effectively to drive the highest value outcome.'

'James Roome is the best in the business.'

'James Terry is a rare commodity – a lawyer who thinks like an investor.'

'Barry Russell and Tom Bannister are highly effective at building consensus to drive optimal results.'

'Liz Osborne prioritises her clients and fights for them tooth and nail.'

'Emma Simmonds provides an outstanding service.'

Key Clients

Ad Hoc Group of Senior Unsecured Creditors of Noble Group

Agrokor

Ad Hoc Group of Senior Secured Noteholders of Norske Skog

Ad Hoc Group of Bondholders of the Seadrill Group

Secured Bondholders of Avanti Communications Group Plc

Private Placement Noteholders of Carillion Plc

Ad Hoc Committee of Noteholders of Digicel Group

A Bondholder of G3 Exploration Limited

Nordic Trustee

The largest secured lender to Dolphin Drilling ASA (formerly Fred. Olsen Energy)

Work highlights

  • Acted as lead English, Hong Kong, and US counsel to an ad hoc group of senior unsecured creditors in relation to the financial restructuring of over $3.5bn of US and English law governed bond and bank debt, and other unsecured debts of Noble Group.
  • Acting as independent international legal counsel to Agrokor in connection with the negotiation, agreement, and implementation of a settlement agreement in relation to Agrokor and its subsidiaries, under the Law on the Procedure of Extraordinary Administration in Companies of Systemic Importance for the Republic of Croatia.
  • Advised the ad hoc bondholder group in relation to the restructuring of the Seadrill Group, a NYSE and Oslo Børs listed offshore drilling contractor with a $17bn capital structure.
  • Advised the ad hoc committee of secured Bondholders of Avanti Communications, a UK listed satellite operator, in connection with the group's consent and scheme of arrangement to effect a debt for equity swap.
  • Advised certain private placement noteholders on the potential restructuring of the Carillion Plc group, a UK construction and support services company (now in liquidation).
Leading individuals

Barry Russell - Akin Gump LLP

James Roome - Akin Gump LLP

James Terry - Akin Gump LLP

Liz Osborne - Akin Gump LLP

Next Generation Partners

Emma Simmonds - Akin Gump LLP

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Debt capital markets
Debt capital markets - ranked: tier 3

Akin Gump LLP

The debt finance practice at Akin Gump LLP in London advises issuers, institutional investors and hedge funds based in, or with primary assets in, the US, the UK, Europe, Russia and the CIS, the Middle East and Asia. The firm is one of the most prominent in the City for cross-border private placement financing transactions, in which it has more than 20 years' experience. 'A combination of deep market knowledge and pragmatism sets the firm apart', remarks one client, who describes key partner Barry Russell as 'the kingpin, set apart by his experience'. Also recommended is Robert Aulsebrook, who advises on Eurobonds, loan notes, convertible debt securities and commercial paper. The firm hired partner Thomas O’Connor and senior counsel Tori Weir from Morgan, Lewis & Bockius UK LLP to add expertise in the acquisition of privately placed debt and equity securities and other secured and unsecured financing transactions.

Practice head(s):Barry Russell; Robert Aulsebrook

Other key lawyers:Tom O’Connor; Tori Weir; Mark Mansell; Stephen Peppiatt; Sam Brodie

Testimonials

'The firm has a strong team; it is approachable and available, with a commercial approach'.

'It has the ability to respond quickly and creatively to changing environments, and there is excellent cooperation between units within the firm under the focused leadership of a deal team leader'.

'The firm has deep understanding of our company and the way it operates and, as a result, is always able to provide a highly customised service and advice'.

'The team brings 24/7 focus and attention to our processes and requests, with the ability to cooperate efficiently with our various team members'.

'Barry Russell is thorough in establishing the facts of the matter before establishing a framework for the key parties to operate within, and then for driving the process. It is reassuring to have him on your side'.

'Stephen Peppiatt and Thomas O'Connor are strong lawyers with a commercial and pragmatic approach'.

Key Clients

PJSC LUKOIL

VEON

CEVA Group Plc

JSC RusHydro

Global Telecom Holding SAE

Banglalink Digital Communications Limited

Volga Gas plc

Work highlights

  • Advised the holders of certain private placement notes issued by Capita Holdings on the amendments of note purchase and guaranty agreements entered into by Capita Holdings, as issuer, and Capita plc, as guarantor, in connection with a rights issue by Capita plc and the disposals of certain of its non-core businesses.
  • Represented CEVA on its offering of $50m 9.0% first lien senior secured notes due 2020. The notes were listed on Euronext Dublin (formerly known as the Irish Stock Exchange).
Leading individuals

Barry Russell - Akin Gump LLP

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Emerging markets
Emerging markets - ranked: tier 3

Akin Gump LLP

'The team shows dedication at both partner and associate level', remarks a client of Akin Gump LLP’s emerging markets finance practice. The firm acts primarily for borrowers in cross-border transactions and it has a very prominent role in deals involving Russia and the CIS. The practice led by Robert Aulsebrook advises corporate borrowers on fundraising in the international debt markets, as well as working closely with the firm’s funds and derivatives lawyers on hedging transactions, and with the energy practice on corporate and project finance transactions in the oil and gas, mining and power industries. The firm hired Julian Nichol from Bracewell (UK) LLP who acts for investors in the EMEA region. Inderveer Hothi has experience in advising leading Russian and emerging market companies including PJSC LUKOIL.

Practice head(s):Robert Aulsebrook

Other key lawyers:Inderveer Hothi; Julian Nichol

Testimonials

"The firm has exceptional knowledge of our company and the products we use to raise finance. It has the ability to work out documentation templates fully tailored to the company's needs."

"It provides seamless execution and excellent cooperation between the team members to ensure Russian and English law coverage of finance transactions."

"The team is extremely efficient and provides bespoke service."

Key Clients

PJSC LUKOIL

Lukinter Finance BV

VEON (formerly VimpelCom)

Tennenbaum Capital Partners, Deutsche Bank and Goldman Sachs BDC

VTB Bank

Work highlights

  • Advised PJSC LUKOIL as guarantor and LUKOIL Overseas Uzbekistan Limited as borrower on a $660m financing to fund the construction of a gas processing complex in Uzbekistan.

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London: Investment fund formation and management

Hedge funds
Hedge funds - ranked: tier 2

Akin Gump LLP

Akin Gump LLP provides the full scope of hedge funds advice to clients ranging in size from start-ups and small/mid-sized managers to global institutions. Its 13-strong London team comprises of UK and US-qualified practitioners, and is part of a larger international group servicing alternative investment management clients worldwide. Tim Pearce and Ian Meade are the main partners in the London group, which is frequently sought-out for some of the largest hedge fund launches in the market. In addition, it assists clients with regulatory compliance and other ongoing fund management issues. It also handles matters specific to alternative asset managers themselves, such as business structuring and M&A. The firm's strong tax capabilities are another value-add, with seven tax lawyers primarily advising funds clients. A separate restructuring team also provides support. Hamish Annandale made counsel.

Practice head(s):Ian Meade; Tim Pearce

Other key lawyers:Hamish Annandale

Leading individuals

Tim Pearce - Akin Gump LLP

Rising stars

Hamish Annandale - Akin Gump LLP

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Private funds
Private funds - ranked: tier 4

Akin Gump LLP

An influx of private equity fund specialists from O'Melveny has significantly enhanced the investment management offering at  Akin Gump LLP. Daniel Quinn and Aleksander Bakic, who joined in April 2019, both focus on private equity fundraisings, secondary transactions and LP representation. The following month saw the team welcome John Daghlian and Mary Lavelle, now boasting a total of eight London-based fund partners. Besides private equity mandates, the group is also able to handle work related to distressed debt and credit, real estate and infrastructure.

Other key lawyers:John Daghlian; Mary Lavelle; Aleksander Bakic; Daniel Quinn

Leading individuals

John Daghlian - Akin Gump LLP

Next Generation Partners

Aleksander Bakic - Akin Gump LLP

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London: Projects, energy and natural resources

Oil and gas
Oil and gas - ranked: tier 2

Akin Gump LLP

Akin Gump LLP has a full-service oil and gas practice which includes a leading restructuring team. The contentious facet was recently strengthened by the arrival of Julian Nichol from Bracewell (UK) LLP and is currently acting in a number of high-stakes disputes, such as defending Russian energy conglomerate Renova in $1bn BVI litigation concerning the ownership of Russia’s largest power generation business. Justin Williams has particular expertise in complex, high-value international arbitrations. Marc Hammerson recently moved to Stephenson Harwood.

Practice head(s):John LaMaster; Justin Williams

Other key lawyers:Julian Nichol

Testimonials

'Akin Gump is an excellent law firm - one of the best in the industry.'

'John LaMaster's strengths include breath of knowledge, responsiveness, clarity of arguments and efficiency.'

Key Clients

Perella Weinberg UK Partners LLP

Coastline Exploration

SDX Energy

LUKOIL

Bridas Corporation

Private placement noteholders of Premier Oil

Xcite Energy

Ad hoc committee of lenders to Endeavour International Corp

The bondholders of Afren plc; and, separately, the administrators of Afren plc

Tatneft

GAIL (India) Ltd

Dommo Energia

Ad Hoc Bondholders of the Seadrill Group

Renova

Work highlights

  • Advising Coastline Exploration on a significant project to explore for oil and gas offshore Somalia.
  • Advising Perella Weinberg UK Partners LLP in connection with the restructuring of Kuwark Energy PLC.
  • Representing SDX Energy in connection with its proposed acquisition to purchase upstream oil and gas assets from BP in Egypt.
  • Advising the ad hoc bondholder group in relation to the restructuring of the Seadrill Group, a NYSE and Oslo Børs listed offshore drilling contractor with a $17bn capital structure.
  • Acting for Tatneft, Russia’s fifth biggest oil company, in $380m English litigation proceedings against four Ukrainian oligarchs.
Leading individuals

Justin Williams - Akin Gump LLP

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Power (including electricity, nuclear and renewables)
Power (including electricity, nuclear and renewables) - ranked: tier 3

Akin Gump LLP

Akin Gump LLP recently secured a coup with the hire of Bracewell (UK) LLP project finance expert Julian Nichol, whose practice focuses on the acquisition, disposal, development and financing of independent power generation projects and electricity transmission and distribution assets. The London practice operates in tandem with the US firm's offices around the world; Nichol works alongside John C. LaMaster, who has decades of experience of a wide range of international energy transactions.

Practice head(s):Julian Nichol; John LaMaster

Key Clients

Palestine Power Generation Company

Shams Ma’an Power Company

Wentworth Clean Power

AMEA Power

Work highlights

  • Advising the Palestine Power Generating Company on a transaction to develop a power plant in Jenin in the northern part of the West Bank of Palestine.
  • Advising Shams Ma’an Power Company in relation to ongoing matters, including amendments to the financing arrangements, of Jordan’s largest Round 1 solar PV Project.
  • Advising Wentworth Clean Power on the development of three waste-to-energy projects in the UK.

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London: Real estate

Construction: contentious
Construction: contentious - ranked: tier 4

Akin Gump LLP

Akin Gump LLP advises on complex construction disputes in the real estate, oil and gas, power and projects sectors, while it is also know for its work on international arbitration. Hamish Lal, who leads the team, has an expertise in delay, disruption and cumulative impact claims, and recently acted for construction giant Kier in a series of disputes with a FTSE 100 competitor.

Practice head(s):Hamish Lal

Key Clients

China State Construction Engineering Corporation

LUKOIL

Kier

HSM Offshore BV

Work highlights

  • Acted for Kier in a series of disputes with another construction company.
  • Acted for HSM Offshore in respect of the UK High Court matter HSM Offshore BV v Aker Offshore Partner [2017] and in respect of the Court of Appeal applications.
  • Advising US-based oil and gas company on disputes arising out of long-term production sharing contract and the client’s work in a developing CIS country.
  • Acting for First Abu Dhabi Bank in the Qatar Financial Centre Courts.
Leading individuals

Hamish Lal - Akin Gump LLP

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Further information on Akin Gump Strauss Hauer & Feld LLP

Please choose from this list to view details of what we say about Akin Gump Strauss Hauer & Feld LLP in other jurisdictions.

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Legal Developments in the UK

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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  • Multiple nationality and multiple citizenship (including dual nationality and dual citizenship)

    British nationality law permits multiple nationality and multiple citizenship, including dual nationality and dual citizenship.
  • Applying for Indefinite Leave to Remain in the Exceptional Talent or Promise Category

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