Latham & Watkins > London, England > Firm Profile

Latham & Watkins
99 BISHOPSGATE
LONDON
EC2M 3XF
England

Corporate and commercial > Equity capital markets – mid-large cap Tier 1

Latham & Watkins is recommended for its ‘market and technical understanding combined with excellent understanding of business‘. The ‘market leaders in equity capital markets transactions’ advise on large, complex deals, with a particular specialism in cross-border ECM, utilising its extensive network of international offices, notably in the US. Technology is another forte for the practice, including fintech IPOs; SPACs and de-SPACs also feature in the firm’s resume. James Inness focuses on London Stock Exchange transactions and co-leads the team with Chris Horton, whose expertise includes advising listed companies, investment banks and asset managers on a range of ECM, M&A and regulatory matters. Another key name in the area is Anna Ngo, who represents issuers, investment banks, and investors on primary and secondary ECM transactions and public M&A transactions.

Practice head(s):

James Inness; Chris Horton

Other key lawyers:

Anna Ngo; Ryan Benedict

Testimonials

‘James Inness is a very strong partner, good on international and domestic work.’

‘Chris Horton is one of the best ECM lawyers in the market.’

‘Excellent market and technical understanding combined with excellent understanding of the business.’

‘The L&W team are excellent and incredibly active and therefore market leaders in equity capital markets transactions.’

‘Chris Horton is our go-to partner for complicated high value ECM transactions. He is a leader in the field and provides a true, partner led service. The L&W team always deliver top quality legal advice.’

‘Ryan Benedict is also strong on US Securities matters and guides clients effectively through the complex regulatory environment.’

Key clients

Abcam plc

Bank of America Merrill Lynch

Citi Group

Darktrace

Diversified Energy Company

Goldman Sachs

J.P. Morgan

Jefferies

Numis

Morgan Stanley

TI Fluid Systems

UBS

YouGov

Work highlights

  • Advised Darktrace in its £1.7bn IPO on the Main Market of the London Stock Exchange.
  • Advised on the direct listing of Wise, a London-based fintech payments company, on the Main Market of the London Stock Exchange (LSE).
  • Advised the joint global coordinators and joint bookrunners, sponsor, and co-lead manager on Made.com’s initial public offering.

Finance > Acquisition finance Tier 1

With a strong London presence on the bank loan and bond front and well-positioned to advise on multi-jurisdictional mandates by virtue of having a presence in key financial centres in Europe and the US, the ‘responsive, commercial and client-focused‘ team at Latham & Watkins provides a holistic and well-integrated service to a balanced mix of lender and borrower clients across their acquisition/leveraged finance needs.  Combining fee-earning work with his duties as managing partner of the London office, Stephen Kensell has vast creditor-side experience and is appreciated by banks for his ‘knowledgeable, reasonable and commercial’ approach to leveraged and investment grade M&A deals. The ‘totally committed and bright’ Jayanthi Sadanandan , Sam Hamilton  and Dominic Newcomb have deep knowledge of a range of financing techniques which they are effectively able to implement on behalf of an impressive roster of borrowers, including private equity sponsors and corporates on cross-border acquisition finance mandates. Angel Quek advises a balanced mix of creditors and debtors and is one of the firm’s more junior practitioners forging a strong reputation in the market, another being Joseph Kimberling, who was promoted to partner at the beginning of 2022. The recent departure of a four-strong team of lawyers, including leading creditor-side practitioners Mohamed Nurmohamed  and Ross Anderson to Paul Hastings LLP was undoubtedly a blow to the firm but it has the strength and depth to cope with any immediate fallout.  

Other key lawyers:

Dominic Newcomb; Jay Sadanandan; Stephen Kensell; Sam Hamilton; Fergus O’Domhnaill; Manoj Bhundia; Angel Quek; Joseph Kimberling

Testimonials

Extremely responsive, commercial and client focused.’

‘Superb team across the board’

They know the market inside out, which gave us the protection to negotiate and context to prioritize what really mattered to us from a risk-reward perspective.’

Depth of bench; breadth of legal areas covered; breadth of locations and cross border capabilities and consistent quality output – a true one-stop-shop.’

Jay Sadanandan is a totally committed, bright and problem solving lawyer.’

Stephen Kensell is knowledgeable, reasonable and commercial.’

Key clients

Goldman Sachs

JP Morgan

Bank of America

Barclays

BNPP

Morgan Stanley

Deutsche Bank

Blackstone Credit

Credit Suisse

Ares Management

HSBC

Highbridge Capital Management

Nordic Capital

Permira

CVC

EQT

Brookfield

Platinum Equity

Blackstone

Ardian

Cinven

Hellman & Friedman

Finance > Corporate restructuring & insolvency Tier 1

Benefiting from a ‘very knowledgeable and well resourced’ core restructuring team, and also able to effectively leverage the firm’s broader finance platform, including its formidable leveraged finance offering, and its international network, Latham & Watkins provides ‘highly commercial and effective’ advice to a varied array of stakeholders across a range of restructuring, insolvency and special situations work. ‘One of the pre-eminent restructuring and turnaround lawyers in the UK and Europe’, Yen Sum is at the forefront of a good deal of the firm’s most significant bondholder-related work, a reflection of her strong fund relationships and her excellent track record in the transactional space including as it relates to special situation lending. The arrival in June 2021 of the ‘highly commercial and down-to-earth’ Bruce Bell from Linklaters further deepened the team’s bench strength and he has made an immediate impact both on the debtor and creditor front, and is noted for his ‘outstanding legal knowledge and ability to manoeuvre both debt and equity documents’. Jennifer Brennanhas a sharp intellect’ and is praised for her ability to provide ‘hugely innovative and commercial’ advice to bondholders and alternative capital providers on large, multi-jurisdictional transactions. Praised for her ‘responsiveness, clarity of thinking and commerciality’, Jessica Walker is also a key member of the team and covers contentious and non-contentious matters, particularly in respect of distressed transactions, pensions restructuring, CVAs and schemes of arrangement. Simon J Baskerville  is also recommended.    

Practice head(s):

Bruce Bell

Other key lawyers:

Simon Baskerville; Yen Sum; Jennifer Brennan; David Wallace; Jessica Walker

Testimonials

The team is very knowledgeable, very well resourced, highly commercial and effective.’

Extremely high quality throughout the entire team, from partner to every associate we have worked with.’

They have a deep understanding of creditor commercial points and are able to explain legal technicalities in commercial terms. The team is very strong in stakeholder management and is able to manage complex situations.’

Simon Baskerville is the standout member of this strong team. He has been the leading restructuring lawyer in the UK over the past decade in my view.’

The highly commercial and down-to-earth Bruce Bell is one of the most seasoned professionals in the field. His outstanding legal knowledge and ability to manoeuvre both debt and equity documents is a competitive advantage that very few lawyers have in the City.’

‘Yen Sum is known in the market as one of the pre-eminent restructuring and turnaround lawyers in the UK and Europe.’

Jennifer Brennan has a sharp intellect and ability to structure and construct very complex multi-tiered capital structures.’

We have really appreciated Jessica Walker’s responsiveness, clarity of thinking and commerciality.’

Key clients

Blackstone

New Look

Bain Credit

Barings Asset Management

Alcentra

Credit Suisse Asset Management

Goldman Sachs

J.P. Morgan

BC Partners

Partners Group

Credit Suisse

Swissport

Bank of America

Farallon Capital

New Look

BC Partners

BlackRock

Tullow Oil

Finance > High yield Tier 1

Latham & Watkins has the biggest high yield practice in London and its lawyers are ‘extremely smart and responsive and practical‘. One client remarks that they are ‘affectionately known as the Latham superheroes‘ and together make up ‘the best all around team in high yield‘. Widely regarded as the the pre-eminent law firm for the full range of high yield debt products in Europe, it also brings in top-level expertise in regulatory and compliance matters, both in Europe and across its global network. Brett Cassidy leads the practice, which has ‘an excellent bench of leading individuals‘, among them Scott Colwell, Jennifer Engelhardt and Matthew Schneider, who are ‘go to partners for any advice relating to high yield‘. Jocelyn Seitzman assisted PureGym and Leonard Green & Partners with the issuance of €45m in notes by one of the UK’s leading gym operators. Francesco Lione is another highly regarded partner and he acted in one of the most high-profile deals of 2021, advising the Issa brothers on TDR Capital’s £6.8bn acquisition of Asda. Emerging partner talent Fritz Ernemann and associate Pat Kwak are also highly regarded by the market.

Practice head(s):

Brett Cassidy

Testimonials

‘Excellent bench of leading individuals, like Jenn Engelhardt and Scott Colwell.’

‘Jenn, Scott and Matt Schneider are all key go-to Partners for any advice relating to HY.’

‘Extremely smart and responsive and practical.’

‘Best all around team in HY.’

‘Latham bring the A Team to every assignment. Commitment, expertise, commercial application are all 2nd to none, we cannot rate them highly enough. This really is a case of, you get what you pay for!’

‘Affectionately known as the Latham superheroes. All of the individuals we’ve worked with on our high yield projects have been exceptional.’

‘In their field, their relentless work ethic and interpersonally.’

‘They work alongside us to understand our needs and support us every step of the way, often going above and beyond. Most definitely not your average corporate robots!’

Key clients

Credit Suisse

HSBC

Goldman Sachs

Bank of America

J.P. Morgan

EG Group

CVC Capital Partners

Hellman & Friedman

Permira Advisers

Harbour Energy

Work highlights

  • Advised the Issa brothers, founders and co-CEOs of EG Group, and TDR Capital LLP, a leading UK-based private equity firm, on the financing for the acquisition of Asda Group Limited (Asda), the third largest grocery retailer in the UK, for an enterprise value of £6.8 billion, on a debt-free and cash-free basis.
  • Advised Tullow Oil plc, a large UK listed independent energy company on the refinancing of its c. US$2.4 billion debt.

Projects, energy and natural resources > Infrastructure Tier 1

The ‘market-leading’ infrastructure practice at Latham & Watkins acts for infrastructure developers, sponsor consortiums, funds, institutional investors, state-owned entities and lenders on a range of high-profile, high-value and multijurisdictional projects. Key areas of focus for the practice include the structuring and financing of deals, regulatory matters, and M&A transactions. The team is led by seasoned infrastructure practitioners Conrad Andersen and Brendan Moylan, with Andersen recommended for infrastructure and energy acquisitions and financings across the full range of asset classes, and Moylan recommended for private equity infrastructure work. Seonaid Todisco handles both core and hybrid infrastructure mandates, while Steve Curtis is recommended for structured debt financings. John Guccione deals with matters in the energy sector and counsel Rebecca Crowley is a name to note for cross-border acquisition financing.

Practice head(s):

Conrad Andersen; Brendan Moylan

Other key lawyers:

Testimonials

‘Market-leading infrastructure practice’.

‘Conrad Andersen, Seonaid Todisco and Brendan Moylan all stand out as being amongst the best in their sector’.

Key clients

Global Infrastructure Partners

IFM Investors

3i Infrastructure

APG

Goldman Sachs Infrastructure Partners

OMERS Infrastructure

EIG

Swiss Life Asset Management

First Sentier Investors

DWS

Antin

EQT

WPD

I Squared Capital

Work highlights

  • Advised First Sentier Investors on its £1.9bn refinancing of the enfinium operating portfolio comprising of four state-of-the-art, R1[1] accredited waste-to-energy facilities – Ferrybridge 1 and 2 in Yorkshire, Kemsley in Kent and Parc Adfer in North Wales.
  • Advised EIG on its $12.4bn acquisition of a 49% stake in Aramco Oil Pipelines Company, a joint venture formed with Saudi Arabian Oil Co. to hold a 25-year lease over Aramco’s stabilised crude oil pipeline network. The pipeline network, which includes all of Aramco’s existing and future stabilized crude pipelines in the Kingdom of Saudi Arabia, connects oilfields to downstream networks.
  • Advised DigitalBridge Group, Inc.’s affiliate, DigitalBridge Investment LLC on its entry into an agreement to acquire Telenet Group Holding’s mobile telecommunication tower business, comprising more than 3,300 sites, to create and invest in the first independent tower company in Belgium, in an all-cash transaction valuing the towers business at approximately $820m.

Projects, energy and natural resources > Oil and gas Tier 1

Latham & Watkins offers clients ‘excellent knowledge of the energy industry, of the litigation landscape, and of emerging trends worldwide’. Its multidisciplinary team advises on M&A, leveraged buy-outs, project finance, litigation and sanctions, among other areas. Leveraging its international network for support, the oil and gas team handles cross-border mandates with ease under the leadership of Simon Tysoe, who is well regarded for corporate transactions. Craig Nethercott is a key name for financing work and stands out for his Islamic finance expertise; he is active in a broad range of geographies. Evelyne Girio, who was recently promoted to counsel, is dual qualified in France, and England and Wales, and is well versed in global transactions. Matthew Brown left for Milbank.

Practice head(s):

Simon Tysoe

Other key lawyers:

John Balsdon, Sam Newhouse; JP Sweny; Evelyne Girio

Testimonials

‘Excellent knowledge of the energy industry, of the litigation landscape, and of emerging trends worldwide (climate change notably)’.

‘Strategic thinking, excellent drafting skills, appropriate resourcing (including external experts and driving their work), and an excellent profile to assist clients in the energy sector’.

‘Brilliant team’.

‘Impressive team with deep strength’.

‘John Balsdon is faultless, incredibly responsive, amazing depth of knowledge, affable and user friendly’.

‘Sam Newhouse and Simon Tysoe lead an excellent team of very capable energy lawyers’.

‘The quality of their work is first class and their first drafts tend to be very close to a form in which they can be shared with third parties’.

‘Given the size and reputation of their firm, they also great value for money’.

Key clients

The Carlyle Group

Chevron Corporation

NNPC

Shell

ExxonMobil

Seplat Petroleum Development Company Plc

Assala Energy

Tullow Oil

Glencore

TotalEnergies SE

Work highlights

  • Advised ExxonMobil on the $1.3 bn disposal of its entire offshore shallow water business in Nigeria to Seplat Energy, via the share sale of Mobil Producing Nigeria Unlimited.
  • Advised EIG on its $12.4bn acquisition of Aramco Oil Pipelines Company, a joint venture formed with Saudi Arabian Oil Co. to hold a 25-year lease over Aramco’s stabilised crude oil pipeline network.
  • Advised Tullow Oil on the refinancing of its c. $2.4bn debt, including the issuance of $1.8bn senior secured notes, concurrent with a $60m super senior revolving credit facility which refinanced a reserve based lending facility, listed English law convertible notes and senior unsecured notes.

Real estate > Environment Tier 1

Latham & Watkins’ international reach allows the team to act in high-profile multi-jurisdictional cases. The firm’s lawyers are recognised as thought leaders in the environmental law field, having published blogs in a number of leading journals. The head of the firm’s environment team, Paul Davies, who specialises in advising on the environmental aspects of global corporate transactions, brings a unique insight thanks to his involvement in a number of key environmental law organisations including his leadership role in the UK Environmental Law Association. The team also counts on the expertise of ‘prime environmental practitioner’ Michael Green. The group has recently been increasingly active in ESG-related matters, in the wake of initiatives at the EU level.

Practice head(s):

Paul Davies

Other key lawyers:

Testimonials

‘I have worked with the key members of this team, Paul Davies and Michael Green, for 15 years. They stand today ahead of the crowd as prime environmental practitioners not only in the UK but on the continent as well.’

‘They impress by the breadth of their practice and the variety of clients they serve. They are present in each compartment of the environmental field – from due diligence, to regulatory advice, to transactional work, and increasingly, litigation. Their client base includes prominent international industrial players, leading private equity funds with cross border assets, and governments. Their experience enables the team to provide reactive, practical and on-point trusted advice’.

‘Paul Davies has been and is key to the development of the above successes. His reputation in the UK and far beyond is more than well deserved. His commitment to what he does, his involvement with his clients, his understanding of issues, and his foresight are simply phenomenal.’

‘The team is highly effective in analyzing cutting-edge environmental regulatory issues involving MNCs under the laws of PRC and western countries. They are uniquely strong at proactive and cross-cultural communication. They are innovative at developing partnership with research organizations affiliated with PRC environmental regulators in order to offer insight.’

‘The attorneys are extremely knowledgeable about cross-border regulatory issues and the needs of clients. Under Paul Davies’s strong leadership, the attorneys have been tremendously helpful.’

‘I think Paul Davies and Michael Green stand out with qualities fitting for due diligence work. Paul especially is also very good in capturing the evolving legislative agenda and its implications.’

 

Key clients

Platinum Equity

BayWa

The Carlyle Group

The Blackstone Group

First Sentier Investors

Triton Partners

SABIC UK Petrochemicals

American Airlines

Farfetch

Microsoft Corporation

Work highlights

  • Advising Microsoft on potential investments from its recently created Climate Innovation Fund, which will invest $1 billion over the next four years in new technologies and innovative sustainability solutions.
  • Assisted funds advised by Equistone Partners Europe with the sale of the majority stake in Oikos Group, a European provider of prefabricated houses, headquartered in Germany, to West Street Capital Partners VIII, a fund managed by Goldman Sachs.
  • Advised First Sentier Investors (FSI) on two related transactions – the acquisition of SSE’s 50% share in Ferrybridge and Skelton Grange multifuel assets and the acquisition by First Sentier Investors of the UK division of Wheelabrator Technologies Holdings, a waste-to-energy business in the UK and is a developer, owner, and operator of strategically located waste-to-energy facilities.

TMT (technology, media and telecoms) > Fintech Tier 1

Latham & Watkins advises traditional financial institutions, investors, emerging fintech businesses as well as internet companies that are developing financial offerings, such as payment and lending platforms. The cross-disciplinary team handles matters relating to blockchain, cryptocurrency, tokenisation, payments, cloud, artificial intelligence, electronic trading, cybersecurity, digital banking and technology outsourcing. Practice head Andrew Moyle advises clients across the fintech space on technological issues, encompassing payments and transfers, insurtech and virtual currencies. Stuart Davis is recommended for his work on market infrastructure, blockchain and tokenisation, cryptocurrency, Web3 and payment services mandates. Christian McDermott has considerable experience in payments and cryptocurrencies, and Fiona Maclean supports fintech clients on data privacy and strategy issues.

Practice head(s):

Andrew Moyle

Testimonials

‘The practice is unique in that it is a dedicated practice that can draw on other parts of the firms as necessary.’

‘Stuart Davis is outstanding with his complete knowledge of the sector and ability to translate complex or developing concepts into something that is applicable in real life. For us, Stuart walks on water.’

‘The team are well positioned within the fintech community itself. They are collaborators, connectors and subject matter experts.’

‘The quality of those that work throughout Latham & Watkins is exceptional. Stuart Davis is always on hand to help, answers my questions quickly and clearly.’

‘An excellent ‘fintech first’ financial regulation team.’

‘Stuart Davis is excellent. He as an incredible breadth of experience and truly global practice.’

Key clients

Meta

Shift4

Farfetch

PayU

Square

Payoneer

eToro

Central Bank of Egypt

Celsius Network

Work highlights

  • Advised on the £8bn Direct Listing of Wise on the London Stock Exchange.
  • Advised Shift4 on acquisitions of Finaro, an eCommerce payments provider, and The Giving Block, a prominent crypto donation marketplace.
  • Advised Madison Dearborn Partners on its $1.8bn acquisition of MoneyGram, a global leader in money transfer services and the evolution of digital P2P payments.

TMT (technology, media and telecoms) > IT and telecoms Tier 1

The technology practice at Latham & Watkins is co-led by outsourcing expert Andrew Moyle and Gail Crawford. The ‘fantastic‘ team assists start-ups and well-established companies on a wide range of IT and telecoms issues, including regulatory, contentious and transactional matters. This advice covers local and global mandates, including M&A, outsourcings, transformations, contractual negotiations, cloud computing issues and product launches. Christian McDermott has expertise in the IT space, conducting technology-related transactions for clients as well as handling work in the emerging technology space. Fiona Maclean has considerable outsourcing and cloud computing experience, and senior associate Laura Holden is key in technology and outsourcing transactions, while associate Elva Cullen is also notable for her online platform regulatory advice.

Practice head(s):

Testimonials

‘The team at Latham’s is knowledgeable, diligent, and very efficient.’

‘Laura Holden is always responsive and helpful, with fast turnaround times, a high bar for quality, and she has a real skill for being concise.’

‘They are fiercely intelligent and display their technical expertise in meetings and through the work product they deliver. A great team who are also fun to work with!’

‘Elva Cullen is an exceptional lawyer. She is lightning quick to respond at any hour of the day, and very good at cutting through the noise to get to the heart of the issue. She patiently digests evolving instructions on commercial contracts in the context of international M&A and transforms them into succinct summaries and contract drafts.’

‘Elva Cullen is great at surfacing crucial points to the deal team and in-house lawyers where needed. She is always good humoured and positive in the face of a very demanding client with extremely tight turn-around times. Overall, a fantastically calm, considered and all-round lovely lawyer.’

Key clients

Intuit Inc.

Farfetch

Meta Platforms, Inc.

NVIDIA Corporation

TPG Capital

OEP Capital Investors

Rosecliff

Gett

Jersey Telecom

Amiral Management Corporation

GoHenry

Truata Limited

IHS Markit Equity Investments Limited

Cipher Technologies

Corporate and commercial > Financial services: non-contentious/regulatory Tier 2

With an ‘outstanding’ team of ‘senior lawyers and very capable juniors’, US-headquartered Latham & Watkins covers financial services-related transactions, consumer credit and payment issues, conduct and culture work, and MAR, taxonomy and AIFMD matters, among many others. Practice head Nicola Higgs routinely acts on large-scale regulatory and reform mandates for leading global players; she is supported at by David Berman, a governance, accountability, conduct, culture and compliance specialist, and Rob Moulton, who is one of the market’s foremost experts on MiFID issues. Up-and-coming partner Stuart Davis is also a name of prominence, especially in respect of fintech initiatives and market infrastructure, trading, regulatory surveillance and tokenisation affairs.

Practice head(s):

Nicola Higgs

Testimonials

‘Latham and Watkins is the best practice I have worked with during my career, they set high standards internally and operate with excellence every day. They are reliable and provide quality advice but the key thing that sets them apart is the importance they place on their clients.’

‘David Berman is by far the best partner I have worked with and has helped us create a strong compliance program and keep abreast of regulatory developments in a practical manner. His advice and responsiveness is exceptional and he is always focused on providing a pragmatic and commercial response.’

‘Rob Moulton and Nicola Higgs are the two standout UK regulatory partners within a very high performing team and firm.’

‘The team is an excellent blend of senior lawyers and very capable junior lawyers. They have consistently provided very good and practical advice.’

‘I work closely with David Berman and he gives very practical advice. He cuts through the regulations and tells us what we need to focus on and how best to ensure we’re ahead of peers to ensure we’re best-in-class from a regulatory perspective. He is also available 24/7 on the end of a phone line which is invaluable and has never let me down in that regard.’

‘The L&W team are absolutely outstanding. There is real strength and breadth across the team and they are industry experts.’

‘Rob Moulton and David Berman are truly excellent and provide top regulatory advice on a range of issues in the financial services sector. They are our “go to” regulatory advisers and provide thoughtful, clear advice and are never afraid to give a view and don’t hide behind options. They are our trusted advisers on a range of issues.’

Key clients

Marcus by Goldman Sachs

Credit Suisse

Central Bank of Egypt

Royal Bank of Canada

Blackstone

IHS Markit

Numis Securities

Smith & Williamson

CDPQ

Houlihan Lokey

Work highlights

  • Advised on the £8bn direct listing of Wise on the London Stock Exchange.
  • Advising Goldman Sachs on the build of its first UK Retail Investment Platform – Marcus Invest.
  • Advising Central Bank of Egypt on the formulation of Egypt’s new banking law, a key pillar of the Republic’s ongoing programme of economic reform.

Corporate and commercial > M&A: upper mid-market and premium deals, £500m+ Tier 2

Fielding one of the deepest benches outside the Magic Circle, Latham & Watkins handles a considerable volume of cross-border deals for a sterling roster of blue-chip UK and global corporations. Over the past year, the US firm's London office has added a number of household names to its UK M&A client list, ranging from multinational telecom providers to steel manufacturers. Practice co-chair Richard Butterwick is a highly experienced specialist in public takeovers, advising a litany of entities from the worlds of chemicals, technology, and healthcare. Co-chair Farah O’Brien helms many of the London office’s most high-value transactions, with recent highlights including transatlantic and Europe-wide divestitures for media companies and asset management firms. Global M&A co-chair Ed Barnett is widely regarded for his abilities in cross-border transactions in the consumer goods, technology, entertainment, and sports sectors, while Nick Cline ‘s recent engagements include multi-billion pound telecoms acquisitions. Sam Newhouse‘s wide-ranging public and private M&A expertise ensures that he is consistently engaged by some of the world’s biggest companies on a host of strategically significant deals. The excellent’ Robbie McLaren focuses on cross-border deals for clients in life sciences, healthcare, and tech. Emily Cridland is equally recommended for her capabilities across the pharmaceuticals and consumer healthcare sectors.

Practice head(s):

Richard Butterwick; Farah O’Brien

Other key lawyers:

Nick Cline; Ed Barnett; Sam Newhouse; Robbie McLaren; Emily Cridland

Testimonials

‘We used Latham for a complicated European de-SPAC merger and associated listing. They are one of only a handful of firms that really have the depth and breadth of experience to be able to run one of these deals. The team is large and works well together. Latham compared very favourably to the law firm on the other side of the table. They are broadly commercially pragmatic and results-driven. The team is always available and delivers to tight timelines.’

‘Robbie McLaren is excellent to work with. He provides sound commercial advice and is straightforward.’

‘Their professionalism, acting for our best interests, and provision of the best-in-class legal advice was all very obvious, but also with a very clear commercial angle to it all which is often missing amongst legal teams.’

‘The team have impressive resources and global reach, but deploy small and dedicated teams who really know my business. This enables them to scale up when needed without losing the personal touch. I really feel like they care about my transaction as much as I do.’

‘I cannot recommend Farah O’Brien and Jon Fox highly enough.  As one would expect, legally excellent but also highly commercial and practical in their approach and advice.’

‘Impressive resources and global reach, but deploy small and dedicated teams who really know my business. This enables them to scale up when needed without losing the personal touch. I really feel like they care about my transaction as much as I do.’

Key clients

888 Holdings

Abcam plc,

Alliance Pharma plc

Ascential

Pharmanovia

Baxter International

BenevolentAI

Blockchain.com

Bloom & Wild

Canva

Celsius

Centricus

Darktrace

DAZN

Farfetch

GlaxoSmithKline

London Stock Exchange

NRG Energy, Inc

NVIDIA Corporation

OneClick

Rayner Surgical

Symphony

Telenor ASA

Theramex

TravelPerk

Tullow Oil

Vertical Aerospace

Work highlights

  • Advised 888 Holdings on its agreement to acquire the international (non-US) business of William Hill at an enterprise value of £2.2bn.
  • Advised Viasat Inc. on its definitive agreement with Inmarsat under which Viasat will acquire Inmarsat in a transaction valued at $7.3bn.
  • Advised Vertical Aerospace Group Ltd on its definitive agreement for a business combination with Broadstone Acquisition Corp., a special purpose acquisition company.

Corporate and commercial > Private equity: transactions – high-value deals (£250m+) Tier 2

Fielding an 'excellent team of experts’, Latham & Watkins draws on its private equity expertise in the UK, the US and Europe to advise bulge-bracket PE houses on the full spectrum of transactions in this space. The practice handles a steady stream of large-cap acquisitions, disposals, investments and secondary transactions across a range of sectors, including real estate PE. Practice heads David Walker and Kem Ihenacho have decades of experience  handling global PE deals, with Walker praised as ‘exceptional’; elsewhere, recent addition Paul Dolman has been highly active on transactions across Europe since joining in June 2021, offering ‘high energy and a focus on what matters’Farah O’Brien focuses on cross-border work, particularly in the technology and life sciences sectors, while Tom Evans has experience acting for sponsors such as Permira, Platinum Equity and Astorg as well as for portfolio companies. Linzi Thomas is another key name to note with expertise in acquisitions, disposals and investments.

Practice head(s):

David Walker; Kem Ihenacho

Other key lawyers:

Paul Dolman; Farah O’Brien; Linzi Thomas; Tom Evans; Huw Thomas; Katie Peek; Mike Bond

Testimonials

‘The PE practice is incredibly strong – they are able to do deals on short timeframes without compromising on quality.’

‘David Walker is exceptional – I trust his advice implicitly. Katie Peek is a very strong associate.

‘An excellent team of experts in their field, seeing a broad spectrum of high value, high complexity transactions.  Latham has  a very deep bench of technically excellent lawyers –  an excellent team dynamic.’

‘David Walker has seniority, charm, and a willingness to roll his sleeves up. Huw Thomas is one of their future superstars,  a deep thinker and an important partner for us. Paul Dolman has been a brilliant addition to the team from Travers, high energy and a focus on what matters.’

 

Key clients

ArchiMed

Astorg Partners

BC Partners

Blackstone

Bridgepoint

Brookfield

Canada Pension Plan Investment Board

Centerbridge

Cinven

CPDQ

CVC Capital Partners

EQT

Equistone

Epiris

Francisco Partners

GIC

Global Infrastructure Partners

Goldman Sachs PIA

Helios Investment Partners

Hellman & Friedman

Inflexion

KKR

KSL Capital Partners

L Catterton

Leonard Green & Partners

Madison Dearborn Partners

Nordic Capital

OMERS Infrastructure

OTPP

Onex Corporation

Partners Group

Permira

Platinum Equity

PSP

Silver Lake Partners

Spectrum Equity

TA Associates

The Carlyle Group

TPG

Work highlights

  • Advised KKR on its acquisition of KMR Music Royalties II portfolio of Kobalt Capital, a UK-based provider of investment advisory services.
  • Advised Hellman & Friedman on the transfer of its interest in the Verisure Securitas Direct group as part of a multi-asset GP-led secondary transaction involving a Fund VII continuation vehicle, Fund IX and new third party co-investors.
  • Advised Astorg on the acquisition of IQ-EQ by a €1.3 billion Continuation Fund in partnership with AlpInvest and Goldman Sachs Asset Management Vintage Funds, alongside a diverse group of limited partners.

Corporate and commercial > Venture capital Tier 2

Even in the relatively short period since it was established in 2020, Latham & Watkins‘s ‘incredibly impressive’ London emerging companies team has rapidly gained market traction in the tech space. This success has been built upon the combination of the firm’s existing finance, corporate and UK/US platform, coupled with the intellectual capital of the lateral hires it made, and has enabled the firm to ‘service both investors and start-ups all the way from the top of the funnel with seed investments deals through to IPO and M&A’. Mike Turner is a ‘veteran of the industry’ and leverages his vast knowledge gleaned through his many years’ experience in private sector, as well as those formed during his tenure as a general partner in a technology-focused venture capital fund. An ‘absolute rock star’, Shing Lounderstands the plight of founders but also the commercial drivers of investors’, enabling her to provide very effective and efficient advice regardless of whether she is advising investors or investees. The ‘responsive and knowledgeable’ Robbie McLaren co-heads the team alongside Turner and Lo and is a key member of the practice that also includes ‘extremely responsive and commercial’ senior associate Samantha Peacock.

Practice head(s):

Mike Turner; Shing Lo; Robbie McLaren

Other key lawyers:

Aaron Bassett; Terry Charalambous; Jon Fox; Katie Kaplucha; Samantha Peacock; Samantha Si

Testimonials

The team provides extremely high quality work.’

‘You feel like they have thought of everything and have a strong command of all detail, highlighting the relevant items to you.’

They can service both investors and start-ups all the way from the top of the funnel with seed investments deals through to IPO and M&A. An incredibly impressive offering.’

Mike Turner is a veteran of the industry.’

Shing Lo is a highly-skilled partner.’

Shing Lo is an absolute rock star and my favourite London VC lawyer. She lives and breathes VC. She understands the plight of founders but also the commercial drivers of investors.’

Robbie McLaren and Jon Fox are responsive, knowledgeable and a pleasure to work with.’

Sam Peacock is a rising star in the team. She leads on the majority of our investments and is extremely responsive and commercial. She makes my job easier by clearly setting out the points on which she requires instruction.’

Key clients

8VC

&Open

A16z

ATAI Life Sciences

Atomico

Bloom & Wild

BenevolentAI

Burda

Bidnamics

Bessemer Venture Partners

Carbon Clean

Citi Ventures

Coatue

Comply Advantage

Crowdcube

Darktrace

Exscientia

Hoxton Ventures

HSBC Financial Technology Venture Capital Fund

HSBC Investment Bank Holdings Limited

Index Ventures

Kingsway Capital

KKR

L Catterton

LifeScore

Moneybox

Novo Holdings

Octopus Ventures

Ometria Limited

OTPP

Robin AI Limited

Sea Ventures

Toqio

Trade Republic

TQ Ventures

Union Square Ventures

VEON Ventures

SoftBank

Spilsbusy Holdings (t/a Aztec)

Vertical Aerospace

Zencargo

Work highlights

  • Advised Atomico on the Series B Financing for Sorare, a France-based tech company operating an online fantasy football game using NFTs and blockchain technology.
  • Advised OMERS Private Equity on the Series E Financing for Northvolt AB, a Swedish battery developer and manufacturer, specialising in lithium-ion technology for electric vehicles.
  • Advised Novo Holdings on co-leading a $245m Series D funding round for Quanta Dialysis Technologies, a medical technology leader delivering on its vision for more flexible and accessible dialysis care.

Dispute resolution > Banking litigation: investment and retail Tier 2

Latham & Watkins acts for prominent financial institutions in cross-jurisdictional disputes. The team has carved out a significant niche in defending investment and retail banks against shareholder class actions and group claims, including in litigation following on from regulatory proceedings. The group is jointly led by ‘brilliant tactician’ Jon Holland and the ‘outstanding’ Andrea Monks. The pair have deep experience in banking litigation, with Martin Davies and Oliver Middleton also recognised for their work in class actions. Among the associates in the group, Nell Perks and Alex Cox stand out, with Cox praised as ‘extremely hard-working’.

Practice head(s):

Jon Holland; Andrea Monks

Other key lawyers:

Testimonials

‘Amazing strength in depth. The partners and associates work well together. They are pleasant and fun to work with and the quality of their work is absolutely excellent. Also extremely diligent and hard working.’

‘Andrea Monks is a brilliant banking litigator. She is all over the detail, and has fantastic judgement as well as being lovely to work with. Martin Davies also has fantastic experience and excellent judgement. Alex Cox is brilliant at his job and is already doing partner level work.’

‘Led by Jon Holland, a legend in this field, this is a first-rate banking litigation team, with strength and depth. They are at the cutting edge of flexible working and billing practice, and have extensive experience of using technology to handle documents and trial processes.’

‘Jon Holland is a brilliant tactician, with immense experience of banking disputes. He leads his team with panache and style – and makes litigation an almost pleasurable experience, which is a rare talent. Alex Cox and Aisling Billington are highly capable.’

‘Since their recruitment of Jon Holland and Andrea Monks, the banking litigation team has gone from strength to strength. They operate quite lean teams, but with excellent associates and strong partner engagement.’

‘Jon Holland is very experienced and the safest pair of hands; he’s got excellent judgement and offers astute strategic input, and leads his teams with a good sense of humour.’

‘The team are strong and proactive, delivering clear, strategic advice in a difficult circumstances. I wouldn’t use another firm for this kind of service.’

‘Andrea Monks is outstanding. She develops a strong, trusted relationship with the Board and delivers excellent tactical advice. Andrea is always on hand and has guided us through some stressful, complicated processes incredibly smoothly helping deliver desired outcomes.’

Key clients

ABN AMRO Bank NV

Samba Financial Group (now Saudi National Bank)

Chicago Mercantile Exchange

Work highlights

  • Representing Chicago Mercantile Exchange (CME) in Commercial Court proceedings by TP ICAP plc alleging breaches of warranties following the sale of ICAP’s voice broking business to Tullett Prebon in 2018.
  • Representing Saudi National Bank (SNB, formerly Samba Financial Group), one of the largest Saudi Arabian banks, in a long-running case arising from the multi-billion dollar dispute between the Al-Gosaibi family, Maan Al Sanea and the Saad Group of companies, with related proceedings spanning the Cayman Islands, England, Switzerland, Bahrain and the Kingdom of Saudi Arabia.
  • Representing ABN AMRO Bank NV, a major European financial institution, together with its worldwide subsidiaries, in cross border litigation relating to the Bernard Madoff Ponzi scheme. This includes asset recovery and litigation in respect of a number of feeder funds in Austria, the British Virgin Islands, the Isle of Man, the Netherlands and the Republic of Ireland.

Dispute resolution > International arbitration Tier 2

Latham & Watkins‘ global international arbitration practice routinely acts in some of the market’s highest value and most business-critical disputes. The group is active across the range of commercial and investment treaty arbitration, and is particularly well known for its oil and gas industry expertise. The department is jointly led at silk level by Philip Clifford KC, who represents private and public corporations, shareholders, government-owned entities and states in large-value disputes; and Sophie Lamb KC, who acts throughout Europe, Asia, Africa and the US in arbitrations (under all the principal arbitration rules). The second line of highly rated practitioners comprises Charles Claypoole, ‘the standout investment treaty arbitration lawyer in the London market‘; advocacy specialist Oliver Browne; and London and Hamburg-based Sebastian Seelmann-Eggebert, who regularly acts in major international arbitrations. Robert Price was promoted to partner in January 2022, while Samuel Pape is a ‘star‘ associate.

Practice head(s):

Philip Clifford KC; Sophie Lamb KC

Other key lawyers:

Testimonials

‘The standout market leader for investment treaty arbitration work.’

‘The arbitration group at Latham & Watkins is a go-to team. Incredibly responsive, excellent quality of work, and all with a smile. The diversity of the team is impressive too.’

‘Sophie Lamb KC is in a league of her own.’

‘Sophie Lamb – the full package of intelligent advocacy and graceful wit – indispensable to any winning case. She also balances her professional appreciation of a case and clients’ expectations very well.

‘Charles Claypoole is the standout investment treaty arbitration lawyer in the London market.’

‘Oliver Browne and Philip Clifford KC are heavyweight partners. They are both very bright, user friendly, down to earth, and really care about their clients. They are both outstanding advocates.’

An up-and-coming partner is Robert Price – an extremely capable and personable individual.

‘Associate Samuel Pape is a star – a pleasure to work with, cool under pressure, and with perfect command of all aspects of a case.

Key clients

Strabag

Ukraine

IPEK

Mason Capital

The Republic of Colombia

The Republic of Croatia

The Kingdom of Saudi Arabia

ArcelorMittal

Work highlights

  • Represented Strabag in securing a €100m arbitral award in an ICSID Additional Facility arbitration against Libya (brought under the Libya – Austria BIT).
  • Representing Ukraine in an arbitration, brought by three Cypriot companies under the Energy Charter Treaty.
  • Representing Ipek Investments in an ICSID arbitration under the UK-Turkey bilateral investment treaty, in relation to the seizure of 18 companies of the Koza Group by the Erdogan regime in Turkey.

Dispute resolution > Public international law Tier 2

Latham & Watkins‘ ‘very knowledgeable and experienced group of individuals‘ advises on a range of PIL issues, including international boundary law and Law of the Sea disputes, investment treaty and international trade law, sanctions, and business and human rights. The firm also has an enviable investment arbitration practice. ‘Certainly in the top tier of law firm-based PIL experts‘, Charles Claypoole assists with investment treaty arbitration, international trade law, and state immunity matters; and Sebastian Seelmann-Eggebert, who divides his time between London and Hamburg, has a strong track record in international investment arbitrations. Also key to the group, Sophie Lamb KC consistently acts for corporate, financial, and sovereign entities in heavyweight international disputes; Robert Price (elevated to the partnership in January 2022) is an investment treaty arbitration expert; and associate Thomas Lane‘s practice covers international arbitration, international trade sanctions and export controls.

Practice head(s):

Charles Claypoole

Testimonials

‘Very knowledgeable and experienced group of individuals, great team work and client management, and focused on results.’

‘Charles Claypoole is certainly in the top tier of law firm-based PIL experts. He and Sebastian Seelman-Eggbert make an excellent team.’

Key clients

Strabag

Ukraine

IPEK

Mason Capital

The Republic of Colombia

The Republic of Croatia

The Kingdom of Saudi Arabia

ArcelorMittal

Work highlights

  • Representing Strabag in securing a €100m arbitral award in an ICSID Additional Facility arbitration against Libya brought under the Libya-Austria bilateral investment treaty.
  • Representing Ukraine in an arbitration brought by three Cypriot companies under the Energy Charter Treaty.
  • Representing Ipek Investments in an ICSID arbitration under the UK-Turkey bilateral investment treaty, in relation to the seizure of 18 companies of the Koza Group.

Finance > Debt capital markets Tier 2

Renowned for its market-leading high yield debt practice, Latham & Watkins has an increasingly broad debt capital markets offering in London. It is particularly active in debt issuance in emerging markets, and is also highly regarded for its work on liability management transactions. Its work includes a number of market firsts, one recent example being its advice to EQT on a €500m offering that represented the first sustainability-linked bond issued by a private equity firm. Key partner Jennifer Engelhardt led that transaction and also worked with up-and-coming Manoj Tulsiani to assist Goldman Sachs with the establishment of a £400m EMTN programme for Annington Funding. Tulsani leads the practice with the vastly experienced David Stewart, who frequently works from the Moscow office and is a key adviser on deals in Russia and the CIS, as well as the broader CEMEA region. He acted for JP Morgan Chase in a $1.25bn sovereign debt offering by Ukraine. Lene Malthasen retired.

Practice head(s):

Manoj Tulsiani; David Stewart

Other key lawyers:

Key clients

Alfa Bank

Barclays

BNP Paribas

Citigroup

Deutsche Bank

DTEK Renewables

EQT

Goldman Sachs

HSBC

ING

J.P. Morgan

Morgan Stanley

MUFG

Norsk Hydro

Severstal

Tinkoff Bank

UBS

VEON

Western Power Distribution

Work highlights

  • Advising EQT on EUR500 million 0.875% Sustainability-Linked Notes due 2031, the first sustainability linked bond issued by a private equity firm.
  • Advising Morgan Stanley and JPM on EUR 400 million 1.75% Notes due 2026 and associated tender offer by Lar España Real Estate SOCIMI to purchase for cash any and all of its US$140,000,000 2.9% Notes due 2022.
  • Advising Barclays, Citi, JPM and Rencap in connection with the USD75 million Perpetual Subordinated Callable AT1 Capital Notes issued by JSC TBC Bank.

Finance > Securitisation Tier 2

Latham & Watkins has ‘a very experienced team that works very well together, is extremely commercial and always takes the business view into account when providing legal analysis‘. One client calls it ‘a true full-service firm that can deliver when others claim to do so but fall short‘. The firm handles the full spectrum of public and private securitisations, structures, and asset classes, including cash and synthetic CLOs, trade receivables, whole business securitisations, RMBS, CMBS, auto ABS, consumer loans, NPLs, credit cards and other esoteric asset classes. Sanjev Warna-Kula-Suriya leads the structured finance and securitisation practice. He assisted Goldman Sachs with a £550m deal as part of a refinancing of McLaren’s existing debt. Stephen Curtis and Jeremiah Wagner, who acted for Citibank in financing the purchase by Prodigy Finance CM2021-2 Designated Activity Company of student loan receivables, are regarded as market-leading practitioners. Thomas Cochran plays an increasingly important role in the practice; he acted for Startline Motor Finance in the £295m issuance of notes backed by auto loan hire purchase receivables. Alex Martin, who joined in 2021 from Weil, Gotshal & Manges (London) LLP, boosts the firm’s standing in the CLO market.

Practice head(s):

Sanjev Warna-Kula-Suriya

Testimonials

‘A very experienced team that works very well together – knows our business extremely well and our always willing to help out on as hoc projects – they do not “turn the clock on” every time you call them and are very reasonable on billing – extremely commercial and always takes the business view in to account when providing legal analysis.’

‘There are no egos which makes them very easy to deal with.’

‘They are genuinely nice people which is always a good starting point, and they go above and beyond their role and keep us up-to-date on what they are seeing our peers do, from a legal perspective.’

‘A true full-service firm that can deliver when others claim to do so but fall short.’

‘Hardworking, timely with a high “first attempt” hit rate, which is valuable.’

‘The hire of an experienced partner such as Steve Curtis was a great move as he has earned his stripes many times over at his previous firm.’

Key clients

Goldman Sachs

JP Morgan

Citibank

Deutsche Bank

Startline Motor Finance

Credit Suisse

Blackstone

BlackRock

BNP Paribas

Chenavari Credit Partners

Industry focus > TMT Tier 2

The data and technology transactions practice group at Latham & Watkins brings together lawyers from the firm’s transactional, regulatory, and litigation practices to provide broad support to clients across the TMT sector on matters ranging from product launches and funding issues to commercial contracts and outsourcings and privacy and cybersecurity work. Andrew Moyle is global co-chair of the firm’s fintech industry group, with significant expertise handling high-value contracts and transactions, and co-leads the practice with Gail Crawford, who is also chair of the internet and digital media industry group. Experienced technology and commercial lawyer Christian McDermott is a key contact for clients in the fintech space, with a growing practice relating to NFTs, while Fiona Maclean is noted for her work in matters relating to outsourcings, data privacy, and the cloud.

Practice head(s):

Andrew Moyle; Gail Crawford

Other key lawyers:

Key clients

Intuit Inc.

Farfetch

Meta Platforms, Inc.

NVIDIA Corporation

TPG Capital

OEP Capital Investors

Rosecliff/Gett

Jersey Telecom

Amiral Management Corporation (AMC)

GoHenry

Truata Limited

IHS Markit Equity Investments Limited

Cipher Technologies

Work highlights

  • Advising Meta (formerly Facebook) in relation to a number of highly complex and multijurisdictional regulatory investigations and inquiries regarding alleged data breaches and compliance with data protection laws generally, and any related litigation.
  • Advised TeamViewer, a global technology company, on a deal to become Manchester United’s new main shirt sponsor; and on its partnership with the Mercedes-AMG Petronas Formula One Team and Mercedes-EQ Formula E Team.
  • Advised Viasat Inc, a global communications company, on its definitive agreement to acquire Inmarsat in a transaction valued at $7.3bn.

Risk advisory > Data protection, privacy and cybersecurity Tier 2

Acting for a range of companies, including start-ups and large multinationals, Latham & Watkins offers ‘very practical and insightful advice’ on the data protection aspects of corporate transactions such as M&A, GDPR compliance, regulatory investigations and data protection disputes. Gail Crawford leads the practice and is especially sought after by clients in the tech, financial services, media and healthcare segments to advise on cross-border data compliance matters. Ian Felstead is recommended for litigation and regulatory disputes, and Fiona Maclean is well versed in regulatory investigations. James Lloyd joined the group from Orrick, Herrington & Sutcliffe (UK) LLP in October 2021.

Practice head(s):

Gail Crawford

Other key lawyers:

Ian Felstead; Fiona Maclean; James Lloyd; Calum Docherty; Lara Nonninger

Testimonials

‘The team is brilliant at tailoring its advice to the specific situation at hand and gives practical steps to achieve the desired outcome. The firm offers reactive advice as well as assistance with terms for notices and legal terms, which makes it a one stop shop for data protection. The team is happy to put time in to build a relationship with its clients, which allows us to feel more supported as a business.’ 

‘Gail Crawford and Calum Docherty have a broad spectrum of expertise that does not impact the depth of their knowledge in these areas. They have both been willing to react to quick turnaround times in urgent situations. They can give advice on complex issues in an easy to digest way, that is suitable for both privacy professionals and those not versed in the industry – this allows for easy communication with colleagues who do not specialise in privacy.’ 

‘The team provides very practical and insightful advice in topics which are very complex.’

‘I would highlight the work of Calum Docherty, he is a very practical lawyer, particularly on data privacy agreements, showing a right balance between ensuring protection of the client and getting the deal done. He is also very keen to understand the business of the client and giving advice that tackles the client’s challenges.’ 

‘Latham has a strong bench of talent in this area particularly in the transaction space. They are subject matter experts who are also pragmatic in terms of the application of the law to difficult technology problems.’ 

‘James Lloyd is a standout individual within the practice. He is one of only a handful of true experts in cyber and data privacy litigation practising in the UK market. He brings laser sharp analysis, creative thinking and a calm and steady hand to any litigation or regulatory engagement.’

‘Lara Nonninger is an up and coming star in this area. She punches far above her weight in terms of experience.’ 

Key clients

Meta

Intuit

Madison Dearborn Partners

Mimecast

Credit Suisse

DAZN

GoHenry

Work highlights

  • Advised Meta on a number of highly complex and multi-jurisdictional regulatory investigations and inquiries regarding alleged data breaches.
  • Assisted GoHenry, a fast-growing UK-based fintech, with several aspects of GoHenry’s data privacy and cybersecurity programme.
  • Advised Intuit, the global technology platform that makes TurboTax, QuickBooks, Mint, and Credit Karma, on its acquisition of Mailchimp, a world-class customer engagement and marketing platform for growing and mid-market businesses.

TMT (technology, media and telecoms) > Media and entertainment (including media finance) Tier 2

The London team at Latham & Watkins operates as a part of the US firm's global offering, advising a broad roaster of key players across the media & entertainment sector on commercial and corporate transactions, disputes, and their IP portfolios. Renowned practitioner and practice head Lisbeth Savill continues to act on the forefront of industry-shaping matters, such as KKR's acquisition of music catalogues from Kobalt. Rachael Astin works closely with Savill, handling distribution and broadcasting deals, M&A transactions, and new media regulatory issues arising from emerging companies.

Practice head(s):

Lisbeth Savill

Other key lawyers:

Patrick Mitchell; Farah O’Brien; Ian Felstead; Rachael Astin; Stewart Robinson; Alastair Mackichan

Key clients

Anonymous Content

Crossroads Live, Inc.

DAZN

Eon Productions

KKR

Moonbug Entertainment Limited

Pinewood Studios

Studiocanal

TeamViewer

Univision

Warner Bros Entertainment Inc.

Work highlights

  • Advised Moonbug Entertainment on its sale to Candle Media, its acquisition of Cocomelon as well as its debt facility arranged by East West Bank and Fifth Third Bank.
  • Advised KKR & Co. on its acquisition of song catalogues from Kobalt.
  • Represented DAZN in its bid to acquire the BT Sport TV business and its agreement with the Asian Football Confederation concerning an exclusive media rights partnership.

Corporate and commercial > Corporate tax Tier 3

Latham & Watkins handles the full range of corporate tax matters for major multinationals such as J.P. Morgan, KKR, and NVIDIA, with expertise in handling cross-border issues. Sean Finn, Karl Mah, and Helen Lethaby jointly lead the practice. Finn specialises in M&A and private equity transactions, while Mah has expertise in structured finance and real estate matters. Lethaby, who joined from Freshfields Bruckhaus Deringer LLP in August 2021, has significant transactional experience. Counsel James Leslie is also noted.

Practice head(s):

Sean Finn; Karl Mah; Helen Lethaby

Other key lawyers:

Key clients

KKR

888 Holdings

Astorg

Permira

Platinum Equity

Carlyle

Onex

Oaktree

Alliance Pharma

Goldman Sachs

J.P. Morgan

Barclays

Aston Martin

Work highlights

  • Advised NVIDIA on its $40 billion acquisition of Arm Limited, a UK-based semiconductor and software design company.
  • Advised Darktrace plc in connection with its £1.7 billion initial public offering and listing on the London Stock Exchange.
  • Advised the ad hoc group of holders of senior secured notes issued by PizzaExpress on the successful completion of the Group’s financial and operational restructuring.

Corporate and commercial > EU and competition Tier 3

The ‘tremendousLatham & Watkins fields a strong bench of partners and associates, whose collective experience and acumen make them well positioned to advise on the full gamut of contentious and non-contentious competition matters. Merger control proceedings, including Phase II investigations both in the UK and before the European Commission, are a key workflow for the team, which is also capable in cartel defences, abuse of dominance issues, and CMA investigations. The team is jointly chaired by mergers expert Jonathan Parker and the ‘excellent’ David Little, who regularly represents TMT, financial services, and life sciences clients in proceedings before the European Commission and the CMA. The ‘super bright‘ associate Greg Bonné is recommended for his deep experience in Phase I and II merger investigations, as well as on big-ticket proposed acquisitions. Fellow associate Stephanie Adams is noted for her knowledge of foreign investment screening and subsidy control. All named lawyers are based in London, with the exception of David Little, who divides his time between London and Brussels.

Practice head(s):

Jonathan Parker; David Little

Other key lawyers:

Greg Bonne

Testimonials

‘The teams we are work with are tremendous. Comprehensive and professional.’

‘Jonathan Parker and Greg Bonne were both very easy to deal with, extremely clear, and helpful.’

‘Greg Bonne is a super bright hire who understands the CMA very well.’

‘Hayley Pizzey is a brilliant up and coming associate – one to watch out for the future.’

‘The Latham & Watkins team is split between its Brussels and London offices but functions seamlessly in practice. The team is a very high quality one, with great subject matter expertise, ability to translate difficult concepts for those without a competition law background. Knowledgeable, friendly and very responsive. A pleasure to work with.’

‘David Little is excellent; one of the best lawyers I have worked with.’

‘David combines antitrust expertise with business-friendly solutions; he is able to cut through complexity easily and offer strategic advice. David is also very approachable, thoughtful and a great leader for his team.’

‘Great knowledge of EU competition law, attention to detail, and legal creativity. They can easily understand non-legal industries.’

Key clients

Meta (formerly Facebook)

GRAIL, Inc

NVIDIA Corporation

AMD

Microsoft

Metro-Goldwyn-Mayer (MGM)

Farfetch

Viasat

Siemens Healthineers AG (Siemens Healthineers)

Aon plc

American Airlines Group

KKR & Co. Inc

Work highlights

  • Representing GRAIL in the EC’s review of its acquisition by Illumina, a landmark case concerning application of the referral powers under Article 22 of the EU Merger.
  • Represented NVIDIA in obtaining global antitrust clearances for its planned (now terminated) acquisition of Arm Limited from SoftBank.
  • Representing Microsoft in its $19.7bn acquisition of Nuance, which the CMA and the European Commission cleared following a referral request.

Corporate and commercial > Financial services: contentious Tier 3

Catering to banks, asset managers, private equity houses, hedge funds and exchanges alike, Latham & Watkins demonstrates considerable prowess in investigations, conduct and culture, senior manager responsibility, market abuse and financial crime mandates. The practice is headed up by Jon Holland, who is also adept in FX, LIBOR and SSA Bond investigations, alongside Andrea Monks who thrives on the risk management, regulatory enforcement and internal investigation fronts. At associate level, Nell Perks is involved in a variety of domestic and cross-border affairs, including whistleblowing and mis-selling cases.

Practice head(s):

Jon Holland; Andrea Monks

Other key lawyers:

Stuart Alford KC; Nell Perks

Testimonials

‘The team are excellent.’

‘I have thoroughly enjoyed working with Andrea Monks and her team. The advice she provides is exceptional and she is a pleasure to work with even when the circumstances are tricky. Andrea is great at guiding strategy and makes the time to explain complicated issues in an easily digestible manner.’

Work highlights

  • Representing a leading global investment bank in an investigation by the PRA regarding regulatory reporting failures.
  • Training senior managers, including the CEO and independent non-executive board directors, with respect to failures under the UK senior manager regulatory regime.
  • Representing the board of an international bank to undertake an independent investigation into various significant whistleblowing allegations made by an employee.

Crime, fraud and licensing > Gaming and betting Tier 3

With a focus on online gaming and eSports, the team at US heavyweight Latham & Watkins offers M&A, licensing agreement negotiation, and financing advice to a broad range of clients. Commercial expert Mike Turner heads up the practice, drawing on three decades' experience advising clients in the gaming space on European and transatlantic equity fundraisings and acquisitions. Deborah Kirk regularly handles IP ownership and data privacy matters for major operators, including advising 888 Holdings on their acquisition of William Hill's non-US businesses, and Christian McDermott assists clients with regulatory compliance issues. Patrick Mitchell and Rachael Astin are also recommended.

Practice head(s):

Mike Turner

Other key lawyers:

Key clients

888 Holdings plc

Playtika Holding Corp

Wargaming

Neo Games

Bessemer Ventures

Jawaker

Platinum Fortune LP

Ru-Net Enterprises Limited

Fandom Inc

Endeavour Entertainment

Work highlights

  • Advised Platinum Fortune on the sale of Jagex, a UK-based gaming company specializing in online multiplayer games (including Runescape), to The Carlyle Group.
  • Advised Endeavor Group on the acquisition of OpenBet, a UK-based company engaged in providing software to the sports betting and gaming industry.
  • Advising 888 Holdings plc on its agreement to acquire the international (non-US) business of William Hill at an enterprise value of £2.2 billion.

Dispute resolution > Competition litigation Tier 3

Sitting within the wider disputes group, Latham & Watkins‘ competition litigation team acts for some of the world’s foremost multinationals and financial institutes on high-stakes contentious proceedings, appearing before the CMA and the European Commission in cases at the CAT and the various English courts. Seasoned international trial lawyer Martin Davies is sought out by a number of the firm’s leading clients for his capabilities in collective and class actions. Oliver Browne‘s recent engagements include cartel claims and damages actions for major technology and consumer goods conglomerates. Associate Greg Bonné is noted for his expertise in CMA matters.

Practice head(s):

Martin Davies

Other key lawyers:

Testimonials

‘Latham & Watkins are an emerging force in competition litigation (especially in relation to financial services cartels), and are very well regarded in this area.’

Key clients

Meta

GRAIL LLC

Renesas

Work highlights

  • Representing Meta in its acquisition of GIPHY and related UK litigation before the Competition Appeal Tribunal and Court of Appeal.
  • Representing GRAIL in the EC’s review of its acquisition by Illumina, a landmark case concerning the application of the referral powers under Article 22 of the EU Merger Regulation.
  • Representing Renesas Group in defending a follow-on damages claim for circa £400m in connection with the European Commission’s Smart Card Chips cartel decision.

Insurance > Insurance: corporate and regulatory Tier 3

Latham & Watkins supports clients within the corporate insurance space, including matters relating to venture capital, capital markets, M&A and private equity, pensions de-risking and longevity risk transactions. Practice head Victoria Sander handles the breadth of corporate insurance transactional work, including M&A, demutualisations, reinsurance and distribution arrangements. Global private equity vice chair Kem Ihenacho, corporate specialist Beatrice Lo and counsel Simeon Rudin are further key names to note. Carl Fernandes departed for Linklaters LLP in January 2022.

Practice head(s):

Victoria Sander

Testimonials

‘Victoria Sander has a deep understanding of the sector.’

‘Simeon Rudin has a high degree of experience in structured finance, particularly within an insurance context.’

‘Excellent coordination between teams, both between teams with different specialisms within the same office and between teams with the same specialism internationally, allowing for the delivery of joined-up, comprehensive advice across disciplines and locations.’

‘Responsive, helpful and easy-to-deal with partners and staff, with good availability and accessibility. Scale allows for a high degree of specialism of practitioners with excellent knowledge of their areas. Refreshingly clear opinions delivered.’

Key clients

Rothesay Life

Aviva Life and Pensions

Prudential Assurance Company

Aon

Royal London

Scottish Widows

Domestic & General

Just Group

British Columbia Investment Management Corporation

Phoenix Group

Work highlights

  • Advised CVC Capital Partners on the EUR 585 million acquisition of 90.01% of Ethniki Insurance, Greece’s largest insurer, from the National Bank of Greece.
  • Advised Rothesay Life plc on the reinsurance and acquisition of £12 billion of non-profit annuities from Prudential Assurance Company Limited.

Investment fund formation and management > Private funds Tier 3

At Latham & Watkins, the ‘very commercial and knowledgeable’ funds group acts across the full spectrum of transactions in the private funds space, counselling clients on fund launches, investments, co-investments and secondary market deals. Practice head Nick Benson is ‘highly respected’ and has wide-ranging expertise across private equity, credit and infrastructure funds as well as in continuation vehicles. He is supported by James McCrory, who is adept at advising on venture capital fundraisings and also acts for LPs on investments. Clare Scott was promoted to counsel in January 2022.

Practice head(s):

Nick Benson

Other key lawyers:

Testimonials

‘The Lathams fund team is very commercial and knowledgeable of numerous structures across all jurisdictions.’

‘They work as unified team via several offices and have consistently provided seamless collaboration across numerous practice areas.’

‘Nick Benson is one of the leading international funds lawyers in London. He is highly respected in the industry and very hands on. Most important is that he understands the issues from the side of the investor, the administrator and the fund manager allowing him to push all parties to a compromise in a very efficient manner.’

‘L&W have a great team and managed to find a great rhythm working along with our firm.’

‘They demonstrated business acumen and knowledge of markets on top of their proficiency in legal work.’

‘The collaboration is so efficient that we feel that they are an extension to our team.’

‘James McCrory demonstrated unique knowledge and depth in the field and we consider him a key partner to our firm who helped both on reviewing funds we invested in and funds we established. He is always timely and accommodating to our firms’ needs and requirement without compromising the quality of his work.’

Investment fund formation and management > Real estate funds Tier 3

Latham & Watkins‘ funds team works on various funds structures. Clare Scott has particular expertise in assisting sponsors with formation, global fundraising, capital deployment, and operating activities as well as advising on such regulatory matters as AIFMD. Partner James McCrory has been involved in standout real estate-focused work and is fundraising counsel for some of the biggest global real estate and infrastructure managers in the market, such as LaSalle. The team advises on such matters as fund formation, joint ventures, investor representation and management operations. Nick Benson has a strong reputation in private funds.

Testimonials

‘There is great depth in the team and they work for some of the biggest names in the market. They combine state-of-the-art legal, commercial and technical knowledge and deliver responsive advice. They are very good at handling cross-jurisdictional matters also.’ 

‘James McCrory stands out as a very strong practitioner. He is always available, very responsive and keeps a positive attitude, whatever the circumstances. This makes him a pleasure to work with. His advice is always taking due account of all dynamics involved, including the commercial side of things.’

Key clients

LaSalle

IFM Investors

Boyu Capital

TA Associates

Silver Lake

OMERS Infrastructure

OMERS Capital Markets

VentureSouq

CDPQ

Generali

Chimera Capital

Microsoft

Zinc Ventures

Quadriga Capital

Capvis

Cornerstone

Real estate > Property finance Tier 3

The real estate finance group at Latham & Watkins is praised for providing ‘technical and commercial expertise at the highest level'. The team advises investment banks, specialist real estate lenders, financing syndicates, borrowers and investment trusts on complex and multi-jurisdictional real estate finance matters in the UK and across Europe. In particular, the group is adept at handling mezzanine loan financings, commercial mortgage-backed securities and non-performing loan portfolio financing matters. The ‘highly commercial‘ Jeremy A Trinder leads the practice with expertise in a wide range of matters, including advising lenders and sponsors on leverage and structured finance matters. Quentin A Gwyer has a thriving pan-European practice involving the equity and debt elements of transactions, and counsel James Beeson is skilled in cross-border acquisition and development financing mandates.

Practice head(s):

Other key lawyers:

Testimonials

‘Highly detailed and engaged team who are able to provide technical and commercial expertise at the highest level.’

‘Jeremy Trinder is highly commercial and able to bring creative solutions to the table for a wide variety of deals.’

‘James Beeson is a stand out Counsel – superb technical skills with a high degree of practicality; he is highly personable, cuts through to the core issues and just “gets it”.’

Key clients

Blackstone Real Estate Advisors

Blackstone Mortgage Trust

TDR Capital

Bellis Finco

Lineage Logistics

BAWAG

Cerberus Capital Management

Ares Management

KSL

Brookfield

Partners Group

Barclays

Work highlights

  • Advised Bellis Acquisition Company plc and Bellis Finco plc on the senior secured notes due 2026 and senior notes due 2027 alongside an equity contribution, a new term loan A and term loan B, a revolving credit facility, a £750m forecourt disposal bridge facility and a £950m distribution asset disposal bridge facility.
  • Advised Goldman Sachs on its term loan, bridge, and revolving credit facilities in connection with Clayton, Dubilier & Rice Holdings’ £6.6bn take private of WM Morrison Supermarkets Plc.
  • Advised Brookfield on its £714m acquisition and refinancing of the Arlington Group from TPG Real Estate Partners.

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 3

With a major global client base encompassing corporates and financial institutions, the team at Latham & Watkins specialises in multi-jurisdictional investigations into issues such as money laundering violations, anti-bribery and corruption issues, and anti-competitive behaviour, co-ordinating cross-border internal investigations alongside responding to UK and US regulatory proceedings, from initial notification through to enforcement action. The firm has been particularly active in sanctions work during 2022, advising its clients on UK, EU, and US sanctions regimes towards Russia, as well as advising global clients on responding to Russian-imposed sanctions. The practice is led by Nathan Seltzer, a US-qualified lawyer practicing from London, and offering broad expertise in internal investigations and government criminal and regulatory actions, alongside former SFO Fraud Division head and 'exceptional contentious advisor' Stuart Alford KC, a financial crime and regulatory specialist with notable capabilities in corruption, money-laundering, and fraud cases.

Practice head(s):

Nathan Seltzer; Stuart Alford KC

Testimonials

‘Market knowledge combined with commercial pragmatism.’

Excellent knowledge of the inner workings of the SFO and other UK regulators and law enforcement agencies; international focus and reach.

Stuart Alford KC is an exceptional contentious adviser to boards and corporates; his knowledge of the inner workings of the SFO is highly prized by clients.

Work highlights

    Dispute resolution > Commercial litigation: premium Tier 4

    The 'nimble team' at 'US litigation behemoth' Latham & Watkins is comfortable representing leading players from all industries; the firm's current client roster spans household names including Meta, New Look, Shell and Total. Practice head Martin Davies is supported both by a strong bench of well-regarded partners - including 'highly effective, strategic lawyer' Oliver Browne and 'real street fighter' Oliver Middleton - and 'very high quality associates'. The arrival of James Lloyd from Orrick, Herrington & Sutcliffe (UK) LLP in October 2021 served to further strengthen the group's burgeoning cybersecurity specialism.

    Practice head(s):

    Martin Davies

    Other key lawyers:

    Andrea Monks; Ian Felstead; Oliver Browne; Oliver Middleton; Hayley Pizzey; Alex Cox; Thomas Lane; James Lloyd

    Testimonials

    ‘Great strength in depth, very high quality associates, very good sector knowledge. A premium product.’

    ‘A nimble team, able to offer heavy partner involvement or lighter associate handling as required. This ensures both a swift and cost-effective service – not always the case with a US litigation behemoth like this one.’

    ‘Martin Davies – among the best litigators in London. Clever, tactically excellent and lovely to work with. Very class act.’

    ‘Oliver Middleton is a good example of the flexibility the firm offers: a real street fighter when he needs to be, totally committed to securing the best tactical outcome, but able to confer with his less hands-on colleagues when formulating the wider and longer strategy.’

    ‘Oliver Browne is a highly effective, strategic lawyer with vast amounts of commercial litigation experience across a range of areas. He has excellent judgement and is always able to make the right call to drive the litigation forward to achieve results. He is a pleasure to work with and is very well liked by clients and the wider team.’

    ‘Thomas Lane has made a huge splash since qualifying as an associate. He is extremely bright and hard working, and is always on top of the detail of the case. He is very helpful and has an easy manner which makes working on the case a real pleasure, even during the toughest times.’

    ‘Exceptionally capable, commercial, hard-working and intellectually rigorous. A model example of a US law firm in London – young partners and counsel, backed by ambitious associates, with a modern friendly touch. A pleasure to work with.’

    ‘An easy style and working relationship, without any baggage, and without any sacrifice of standards. Associates/assistants handle matters with great confidence and can be entrusted with procedural issues without a second thought.’

    Key clients

    Meta (formerly Facebook)

    New Look

    Sinovac Biotech

    Total

    Endeavor Operating Company/IMG

    Apollo

    Allergan

    One Equity Partners

    Societe Nationale de Raffinage, S.A. (Cameroon)

    Renesas

    Platinum Equity

    Work highlights

    • Representing Meta in connection with the CMA’s investigation into its completed acquisition of Giphy.
    • Defended New Look in a case concerning the group’s transfer to turnover-based rents as part of a company voluntary arrangement, approved during the financial and operational restructuring of New Look in 2020.
    • Representing the interested parties in relation to sensitive climate change and human rights litigation in which Leigh Day and Friends of the Earth are challenging the UK Government’s participation in Mozambique LNG.

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

    The ‘extremely responsive, commercial and client-focused’ banking team at Latham & Watkinsknow the market inside out’ and is adept at advising both creditors and debtors across the gamut of their financing needs, from bank and bond structures, through to bespoke finance solutions. While the bulk of the work relates to leveraged finance mandates, the team continues to pick up market share in the broader investment grade/syndicated loans. Stephen Kensell is integral to this work and regularly advises banks providing the financing to facilitate investment grade M&A, IPO-related finance and for working capital facilities.

    Other key lawyers:

    Testimonials

    Extremely responsive, commercial and client focused.’

    ‘They know the market inside out, which gave us the protection to negotiate and context to prioritize what really mattered to us from a risk-reward perspective.’

    The strength in depth they have created in their team is outstanding.’

    Finance > Derivatives and structured products Tier 4

    Industry focus > Life sciences and healthcare Tier 4

    Sitting within the firm’s global practice, the healthcare and life sciences team at Latham & Watkins is a key name for corporate and commercial work, handling M&A transactions, carve-outs, private equity matters, venture capital deals and commercial agreements. Corporate group co-chair Robbie McLaren is also global co-chair of the healthcare and life sciences industry group.

    Practice head(s):

    Robbie McLaren

    Key clients

    Abcam

    Abbvie

    Acino Pharma

    Amgen

    Astellas Pharma

    Atai

    Atnahs Pharma

    Baxter

    BenevolentAI

    BC Partners

    Collplant

    Cooper Comapanies

    CVC Capital Partners

    Eleusis

    Exscientia

    GlaxoSmithKline

    KKR

    Ligand Pharmaceuticals

    Meira GTx

    Mereo BioPharma

    Nordic Capital

    Norgine

    Novartis

    Novo Holdings

    Oasmia

    Osler Diagnostics

    Permira

    Pharmanovia

    Pharmaseeds

    Pharmathen

    Silverlake Partners

    Sobi

    Synthon

    Theramex

    Zogenix

    Work highlights

    • Advised Novartis, a global healthcare company, on its acquisition of Gyroscope Therapeutics, an ocular gene therapy company with a late-stage clinical trial product candidate designed to treat geographic atrophy, a disease for which there are currently no approved therapies.
    • Advised Advised BenevolentAI, a leading clinical-stage AI drug discovery company, on its definitive agreement for a business combination with Odyssey Acquisition S.A., a Euronext Amsterdam-listed special purpose acquisition company.
    • Advised GRAIL, a company focused on multi-cancer early detection, on its $8bn sale to Illumina, a company focused on large-scale analysis of genetic variations and functions.

    TMT (technology, media and telecoms) > Sport Tier 4

    Latham & Watkins deals with a wide range of issues across the sports spectrum, including media rights, sponsorship, technology, events and private capital investment into sport. Practice head Patrick Mitchell handles commercial transactions, with particular expertise in media rights and sponsorship arrangements, the launch and expansion of media and digital services, sports technology, and establishing and monetising major international events. Ed Barnett handles sports sector M&A. Counsel Rachael Astin and associate Stewart Robinson are further key names to note.

    Practice head(s):

    Patrick Mitchell

    Other key lawyers:

    Key clients

    DAZN

    Teamviewer

    Meta Platforms (Facebook)

    Dapper Labs

    Formula E

    World Surf League

    Formula 1 Dutch Grand Prix

    Saudi Arabian Football Federation

    IMG

    SilverLake Partners

    CVC Capital

    Genius Sports

    MSD UK Holdings

    Fortress Investment Group

    FACEIT

    Endeavor Group

    888 Holdings

    Goldman Sachs and HSBC

    European Clubs Association

    International Olympic Committee

    Univision

    Work highlights

    • Advised TeamViewer, a global technology company, on its five year agreement to become Manchester United’s new main shirt sponsor.
    • Advised Facebook/Meta in the negotiation of an international and innovative major sponsorship agreement with the Rugby World Cup France 2023.
    • Advised IMG, global leader in sports, events, media and fashion on its agreement to buy and operate the ATP and WTA Mutua Madrid Open tennis tournament.

    United States > Finance > Restructuring (including bankruptcy): corporate

    Latham & Watkins LLP combines an extensive senior secured lending practice with a strong debtor-side practice, enabling it to oversee the full-spectrum of restructuring and bankruptcy matters. Notable work for the firm includes its representation of Mallinckrodt Pharmaceuticals, where it oversaw negotiations for the settlement of governmental claims relating to the sale and marketing of prescription opioids. The sizeable team is led by a number of key senior names: George Davis is the global chair of the practice and operates from the New York office, while Jeff Bjork and Richard Levy are vice chairs, and operate from Los Angeles and Chicago respectively. They offer varied expertise encompassing industries such as hospitality, gaming, leisure, manufacturing, automotive, retail and print and film media. The firm welcomed counsel Ebba Gebisa in Chicago from Skadden, Arps, Slate, Meagher & Flom LLP in early 2021. Personnel changes also includes the promotion of both LA's Helena Tseregounis and Chicago's Jason Gott to partner in January 2022.

    Practice head(s):

    George Davis; Jeff Bjork; Richard Levy

    Other key lawyers:

    Peter Gilhuly; Caroline Reckler; Keith Simon; David Hammerman; Adam Goldberg; Ted Dillman; George Klidonas; Helena Tseregounis; Jason Gott

    Testimonials

    ‘My experience with Latham’s Corporate Restructuring Practice has been outstanding. They are bright, creative, and hard-working. They are solutions oriented and find options and avenues where others see roadblocks and obstacles. They are excellent collaborators and find viable, creative solutions.’

    ‘I have worked primarily with Jeff Bjork and Adam Goldberg. They have been supported ably by Madeleine Parish and Deniz Irgi. They are responsive. I had little bankruptcy experience prior to meeting them. They excel at simplifying the complex. They are masters at being prepared, seeing solutions, and identifying the steps from points A to B and from B to the eventual end. I would use them again in a heartbeat.’

    ‘Very business and commercially minded, understanding the human issues that could make a difference in various industries.’

    ‘Caroline Reckler, thoughtful professional, patient and very laser focused on client outcome. Able to consider all classes of constituents to enable a successful outcome.’

    ‘Exceptionally consistent high quality top to bottom. Willing to litigate, and do so well, but always looking for a negotiated solution if one is achievable. My first choice for all-around debtor-side bankruptcy firm.’

    ‘Would call out George Davis as practice leader, who has superb judgment and is very creative in persuading warring parties to settle. New partner Jason Gott is very intelligent and learned in the law. Counsel Anupama Yerramalli is a superstar who functions at the senior partner level.’

    Key clients

    Ad Hoc Committee of GTT Noteholders

    Alta Mesa Resources

    Barclays Bank

    The Creditor Committee of Swissport

    Deutsche Bank

    GNC Holdings, Inc.

    Hi-Crush Inc.

    Imerys Talc America Inc.

    Lucky Brand Dungarees

    Mallinckrodt Pharmaceuticals

    Nine Point Energy Holdings Inc.

    Orion Energy Partners, LLC

    Pacific Drilling S.A.

    Paddock Enterprises, LLC

    Royal Bank of Canada

    Sable Permian Resources, LLC

    Superior Energy Services, Inc.

    Sycamore Partners Management L.P.

    The Bank of Nova Scotia

    The Church of Jesus Christ of Latter-day Saints

    Work highlights

    • Advised Mallinckrodt Pharmaceuticals in its Chapter 11 cases, addressing liabilities such as funded debt amounting to $5bn and contingent liabilities stemming from 3,000 litigation claims from private and governmental, in relation to the sale and marketing of prescription opioids.
    • Advised Imerys Talc America Inc., former Johnson & Johnson talc supplier, in jointly-administered Chapter 11 cases before the US Bankruptcy Court for the District of Delaware, arising from over 14,000 claims alleging health problems arising from the talc products.
    • Represented The Church of Jesus Christ of Latter-day Saints, pertaining to the Chapter 11 case concerning the Boy Scouts of America.

    Latin America: International firms > International arbitration

    Led by the ‘stellar’ Fernando Mantilla-Serrano  from Paris, Latham & Watkins‘ Latin America international arbitration team covers international commercial arbitration, investment treaty arbitration, multi-jurisdictional disputes and international public law matters. The practice has developed a healthily-diverse client base that includes private companies, investors, state-owned enterprises and sovereign states; and is known for its broad industry experience, with the oil-and-gas, infrastructure, construction, financial services, mining, pharmaceuticals and technology sectors among its most active areas. Mantilla-Serrano is supported by group of talented associates who display ‘deep knowledge’ of business culture and law in the region. Dual-qualified (Colombia/New York) counsel, Santiago Bejarano, who joined the New York office from WilmerHale in early 2021 and represents domestic and multinational corporations in their high stakes international disputes. Impressive associates Esperanza Barrón-Baratech and Diego Romero (in Paris), and London-based Samuel Pape, all have considerable experience advising corporates, sovereign states and state-owned entities in Latin American matters.

    Practice head(s):

    Fernando Mantilla-Serrano

    Testimonials

    ‘The team has deep knowledge and shows full commitment to delivering the best possible result.’

    ‘Fernando Mantilla-Serrano is a stellar practitioner with deep knowledge of international commercial arbitration cases related to Latin America. The team of associates has deep understanding of the commercial and legal Brazilian culture.’

    Key clients

    Republic of Colombia

    Dominican Republic

    Live Nation

    Novenergia II Energy & Environment

    Caisse de dépôt et placement du Québec

    Grupo PRISA

    Cadena SER

    Grupo Energía de Bogotá Yes

    Davivienda

    Work highlights

    • Represents Live Nation in an ICC arbitration in relation to the termination of a $462m deal to acquire a 51% stake in the largest concert promoter in Latin America, OCESA, and other subsidiaries owned by Mexico’s Grupo CIE.
    • Representing Colombia against three mining companies in relation to the adoption of certain legislative, administrative and judicial measures to protect the environmentally sensitive páramo ecosystems.
    • Representing the Dominican Republic in an ICSID arbitration brought by EnviroGold relating to alleged violations of an agreement for the reprocessing of the gold and silver refractory tailings dam of the Puerto Viejo mine.

    United Arab Emirates > Banking and finance: Corporate finance (including Islamic lending)

    Latham & Watkins LLP has a strong client base that includes financial institutions, government-related entities, private equity firms and funds. The practice has a broad range of expertise and is led by Villiers Terblanche, who specialises in complex infrastructure transactions and regulatory reform projects. Chirag Sanghrajka has extensive experience advising clients on all phases of development and financing of energy, telecoms and infrastructure projects. Key changes to the team include the return of Christian Adams from an in-house position, bolstering the firm's finance and restructuring capabilities in the UAE.

    Practice head(s):

    Villiers Terblanche

    Other key lawyers:

    Testimonials

    ‘Their key strengths are being: solution orientated, knowledgeable, responsive, helpful, able to think out of the box.’

    ‘Their exceptional level of responsiveness with tailored solutions and consistently high-quality work product despite time differences, pandemic-related constraints and tight turnaround times.’

    ‘Appreciated working with Chirag Sanghrajka. His professional candid demeanour is assuring and he strikes one as being extremely competent, efficient and effective in his field of expertise and this is well reflected in the services received. When engaging with him protracted interactions are not needed as his depth of subject matter knowledge and prior relevant experience allow him to quickly grasp the issues and propose a feasible solution.’

    Key clients

    Public Investment Fund

    Global Infrastructure Partners

    Saudi Ports Authority

    TruKKer

    Jabal Omar Development Company

    HSBC

    The Mauritius Commercial Bank Limited

    Nedbank

    Riyad Bank

    Work highlights

    • Advised the Public Investment Fund of the Kingdom of Saudi Arabia on its landmark $15bn multi-currency revolving credit facility.
    • Advised the EBRD, the OPEC Fund, the AfDB, and Arab Bank on a $114m financing package, also involving financing from the Green Climate Fund, for the construction of ACWA Power Kom Ombo solar power plant in the Aswan Province, Egypt.
    • Advised a consortium on bridge financing in connection with a minority investment agreement with Abu Dhabi National Oil Company (ADNOC) for the consortium to invest in select ADNOC gas pipeline assets.

    United Arab Emirates > Infrastructure and projects (including project finance)

    Latham & Watkins LLP's team is led by Villiers Terblanche, who specialises in advising sponsors, investors and host governments on complex multi-sourced financings. Chirag Sanghrajka is another project finance expert with expertise advising clients in the energy, infrastructure and natural resources space. Craig Nethercott and Derek McKinley are other key individuals.

    Practice head(s):

    Villiers Terblanche

    Testimonials

    ‘The Latham & Watkins team has been outstanding regarding a number of large industrial projects (many of which were project financed), especially in the US, Middle East and Asia. They know all the players and enjoy a stellar reputation in the geographies in which we have worked with them.’

    ‘Every L&W team we worked with, regardless of geography, were always well prepared and incredibly responsive. For any project in the Middle East, the first attorney we call is Villiers Terblanche, a partner in L&W’s Dubai office.’

    ‘The team are first class in all respects. They know the law back to front, are fully commercial and very engaging. They have a deep bench of talent and are always forward thinking.’

    ‘Chirag Sanghrajka is the best lawyer I have worked with. He has an unlimited legal and commercial skill-set which is invaluable in the cutting edge renewable projects he has assisted me with. The wider team, led by Craig Nethercott is also excellent. I always feel they make time for me.’

    Key clients

    Public Investment Fund

    Global Infrastructure Partners

    The European Bank for Reconstruction and Development (EBRD)

    OPEC Fund for International Development

    African Development Bank (AfDB)

    Arab Bank

    The Oil & Gas Holding Company B.S.C. (c) (nogaholding)

    Saudi Ports Authority

    Air Products

    EIG

    Work highlights

    • Advised the Public Investment Fund (PIF), the Sovereign Wealth Fund of Saudi Arabia, in relation to the development and project financing of the 1.5-GW Sudair Solar photovoltaic (PV) plant in Saudi Arabia.
    • Advised the consortium on the bridge financing in connection with a minority investment agreement with Abu Dhabi National Oil Company (ADNOC), the state-owned oil company of the UAE, for the consortium to invest in select ADNOC gas pipeline assets valued at $20.7bn.
    • Advised the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), and Arab Bank on a $114m financing package, also involving financing from the Green Climate Fund (GCF), for the construction of ACWA Power Kom Ombo solar power plant.

    Latham & Watkins is a leading international law firm with renowned practices across a wide spectrum of transactional, litigation, corporate and regulatory areas.

    The firm: Latham boasts an award-winning London office recognised for its handling of complex cross-border matters for corporates, investment banks, private equity houses and governments in the UK and throughout the world.

    Types of work undertaken
    Banking and leveraged finance: Latham has a leading finance practice known in the market for its unique ability to be able to transition seamlessly between all forms of senior and subordinated loan, bond, ‘bank and bond’ and hybrid capital structures. The group regularly advises arrangers, lenders, sponsors and/or other borrowers on all types of leveraged and acquisition finance whether the governing law is English, New York, French, German, Italian, Russian or Spanish.

    Capital markets: Latham is one of the world’s most active capital markets firms, with vast experience representing underwriters and issuers in debt and equity financing transactions, and is recognised as a market leader in high-yield debt work. Latham’s lawyers handle rights offerings, IPOs, eurobond financings, senior note offerings, high-yield, senior secured debt, and other global equity and debt-related issues.

    Derivatives: Latham’s practice is both transactional and advisory. The group acts for both financial institutions and non-financial corporate clients with respect to the full range of over-the-counter (OTC) and exchange-traded derivative products.

    Dispute resolution: the London practice boasts market-leading experts who specialise in complex cross-border litigation, arbitration, public international law, intellectual property and white-collar disputes.

    EU and competition: Latham’s premier competition law team operates at both EU and member state levels. In London, Latham has an extensive merger control and antitrust investigations and counselling practice. Latham is one of the few firms with a market-leading criminal cartel defence and civil antitrust litigation experience.

    M&A and private equity: a market-leading practice that specialises in advising leading corporates, private equity sponsors, funds and investment banks on complex cross-border transactions.

    Project finance: consistently ranked among the world’s top global projects firms, Latham’s lawyers have represented sponsors, lenders (including ECAs, IFIs, conventional and Islamic debt providers) and governments in more than 1,000 projects over the last 20 years.

    Restructuring and insolvency: the top-ranking practice represents debtors and creditors on workouts, restructurings and insolvencies. Latham is one of the few firms to combine leading finance capabilities with a knowledge of the high-yield bond and private placement markets, with comprehensive cross-border restructuring expertise.

    Structured finance: a diverse practice representing financial institutions and issuers on complex and ground-breaking structured finance transactions across a wide spectrum of asset types, with specialist advice on Basel II and the new Basel III framework.

    Tax: Latham offers integrated, multi-jurisdictional tax capabilities, developing practical solutions to complex international tax problems, including advising on cross-border M&A, private equity and securities offerings, planning for multinationals and international tax controversies.

    Technology and outsourcing: recognised for the strength of its legal and commercial expertise in expert IT outsourcings, the team counsels leading clients in relation to the acquisition, development, protection, exploitation, licensing and sale of technology.

    Environmental: the practice provides advice to clients on the environmental aspects of corporate transactions, contaminated land and regulatory issues, product-related issues, environmental risk and climate change.

    Investment funds: the practice advises sponsors and investors on the structuring, marketing and operation of investment funds across a variety of strategies (including buyout, growth, credit, infrastructure and real estate) and jurisdictions.

    Other offices: Abu Dhabi, Barcelona, Beijing, Boston, Brussels, Century City, Chicago, Doha, Dubai, Dusseldorf, Frankfurt, Hamburg, Hong Kong, Houston, Los Angeles, Madrid, Milan, Moscow, Munich, New York, Orange County, Paris, Riyadh, Rome, San Diego, San Francisco, Shanghai, Silicon Valley, Singapore, Tokyo, Washington DC

    DepartmentNameEmailTelephone
    Managing partner Stephen Kensell
    Banking and leveraged finance Mo Nurmohamed
    Capital markets James Inness and Chris Horton
    Derivatives Dean Naumowicz
    Dispute resolution Martin Davies
    Employment and benefits Catherine Drinnan
    EU and competition Jonathan Parker
    High yield Brett Cassidy
    International arbitration Philip Clifford KC and Sophie Lamb KC
    IT and outsourcing Andrew Moyle
    Litigation Oliver Browne
    Mergers and acquisitions Mike Bond
    Private equity David Walker
    Public international law Charles Claypoole
    Real estate Jeremy Trinder
    Restructuring and insolvency Simon Baskerville
    Scandinavia practice Sam Hamilton
    Securitisation and structured finance Sanjev Warna-kula-suriya
    Tax Sean Finn
    Venture capital and investment funds Nick Benson
    PhotoNamePositionProfile
    James Burnett photo James BurnettJames Burnett is a partner in the London office of Latham &…
    John Colahan photo John ColahanJohn Colahan is a partner in Latham & Watkins’ London office. Prior…
    Gail Crawford photo Gail CrawfordPartner
    Stuart Davis photo Stuart DavisPartner
    Fiona Maclean photo Fiona MacleanPartner
    Andrew Moyle photo Andrew MoylePartner
    Number of UK fee-earners : 250