The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Latham & Watkins LLP

J David Stewart

Tel:
Work +7 495 644 1927
Email:
Web:
www.lw.com/people/j-david-stewart
Latham & Watkins LLP

Work Department

Partner

Position

Partner

Career

David Stewart is a partner in the Moscow office of Latham & Watkins. Mr. Stewart advises on a broad range of debt and equity capital markets, mergers and acquisitions and public company/advisory matters with a primary focus on businesses and industries operating in the emerging markets. Mr. Stewart splits his time between the firm’s London and Moscow offices enabling him to efficiently work with a number of jurisdictions, including Russia/CIS, CEE, MENA and Sub-Saharan Africa.

Mr. Stewart is consistently recognized as a leading US-qualified securities lawyer, in particular, in Russia/CIS, and he has acted on over 150 capital markets transactions involving securities that were listed in New York, London,Geneva, Moscow, Dubai, Canada, Ireland, Luxembourg, Frankfurt, Cairo, Hong Kong, Singapore and other major financial centers. Additionally, Mr. Stewart has advised on dozens of M&A matters with a particular focus on public M&A and the energy sector.


London: Finance

Debt capital markets

Within: Leading individuals

David Stewart - Latham & Watkins

Within: Debt capital markets

Latham & Watkins has one of the largest and most experienced US capital markets teams in Europe, which gives it a prominent role in 144A offerings into the United States, which involve challenging disclosure and diligence issues. In EMEA, the firm advised on more than 120 debt issuances in 2018, with an aggregate deal value of $120bn, and London played a central role in many of those transactions.  The 'lean and professional team, which has more of a personal touch than is offered by many of its competitors', is regarded as a leading player in many areas of the DCM market. In emerging markets debt, the firm acts for issuers and investment banks on landmark and groundbreaking multi-jurisdictional debt offerings in the CEE and CEMEA regions. It frequently advises on sovereign and quasi-sovereign debt issuance, which included a recent $1.2bn notes offering by the Government of Ukraine. It also excels in liability management and English law private placement transactions. Lene Malthasen and David Stewart are the standout partners.

[back to top]

Emerging markets

Within: Emerging markets

Latham & Watkins is a leading player in debt capital markets transactions involving emerging markets. The practice has extensive experience in Russia and the CEE region, as well as other key jurisdictions, and represents both issuers and investment banks on landmark and groundbreaking multi-jurisdictional debt offerings. Debt specialist Lene Malthasen is a key partner in the group, and frequently advises on Rule 144a issuances and liability management transactions in Russia, the CIS, the Middle East, Southern Europe and Asia. David Stewart, who works between the London and Moscow offices, focuses on the broader CEMEA region, where be uses his knowledge of US securities law to bear on debut bond offerings and liability management transactions. Project development and finance partner John Balsdon, who frequently handles oil and gas projects in emerging markets, also plays a key role in the practice.

[back to top]

Russia

Capital markets

Within: Capital markets

Clients value Latham & Watkins LLP’s ‘combined knowledge of Russian, English and US legal legislation and market practices’ and their ‘ability to handle domestic and multi-jurisdictional transactions with great expertise from the Moscow office’. The firm has strong capabilities in debt and equity capital markets and in recent work advised RusHydro on its issuance of $360m 7.4% LPNs due 2021. Other highlights include assisting Obuv Rossii with its IPO listed on the Moscow Stock Exchange. ‘Well-known figure’ David Stewart has significant experience advising issuers, underwriters and financial advisers on securities offerings, IPOs and global depository receipts (GDRs), and Mikhail Turetsky has a strong track record of advising on eurobonds and other securities transactions by CIS issuers.

[back to top]


Back to index

Legal Developments in Russia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to