Firm Profile > Orrick Rambaud Martel > Paris, France

Orrick Rambaud Martel
CEDEX 16, 75782 PARIS

Derivatives and structured finance Tier 1

Orrick Rambaud Martel's team 'combines very experienced and younger, but dynamic and valuable profiles'. The 'solution-oriented' practice excels in highly structured transactions and steadily deepens its bench, most recently with the promotion to partner of Carine Mou Si Yan and of Adrien Guidet and Judith Rousvoal to of counsel. Practice head Hervé Touraine splits his time between Paris and Geneva and recently advised BNP Paribas and Hachette Filipacchi on the extension of the existing trade receivables securitisation programme. Olivier Bernard is also recommended. Other clients include Crédit Agricole Corporate and Investment Bank, Morgan Stanley and By Way Personal Finance.

Dispute resolution: commercial litigation Tier 1

Orrick Rambaud Martel's ‘very professional and highly involved team’ has ‘very good relationships with its clients’. The practice handles a broad range of complex disputes, including high-profile shareholder conflicts, insolvency-related cases, stock market and corporate disputes, Africa-related matters, white-collar crime, and high-profile art inheritance cases. The firm was recently in high demand from investment funds acting as creditors in major insolvency cases. It successfully secured the dismissal of claims against Arcole Industries relating to the insolvency of two of its former subsidiaries (Mory Ducros and Mory Global), as well as acting for DNCA Finance, as the second largest shareholder and holder of €350m in bonds of listed company CGG, in a challenge to CGG's safeguarding plan. The firm is also defending the Maeght Gallery and Isabelle Maeght, the gallery director, in a bitter inheritance dispute over the art collection. Finally, the team also obtained a victory before the Court of Appeal, which confirmed the dismissal of a €500m tax fraud claim against the firm's clients, Diane and Alec Wildenstein, by a lower court. ‘Very good ’ practice head Frédéric Lalance has ‘a very clear understanding of difficult cases’. Jean-Pierre Martel is one of France's most renowned lawyers. Also recommended is Marine Lallemand. Diane Lamarche is now with White & Case LLP.

Employment Tier 1

Orrick Rambaud Martel is praised for its ‘ability to advise from a business perspective’ as well as its ‘ability to take into account the impact of the international environment in conducting a project’. The ‘highly skilled’, ‘personable, friendly and articulate’ 12-lawyer team has ‘extensive know-how’ and ‘an excellent ability to articulate complex legal issues in layman's terms’. It is retained by leading French and international corporations including major banks, insurers, pharmaceutical and industrial companies, to advise on large and complex projects. The practice was notably in high demand for support in conducting strategic projects including the creation of new subsidiaries, large transfers of employment and mass redundancies. The team is notably assisting Crédit Agricole with the creation of a new company involving the transfer of 1,500 employees. Sensitive litigation cases including high-ranking executives departures is another area of strength, as is support in M&A transactions; it notably advised Naturex on the acquisition of 40.5% of its shares by Givaudan. Lilly, Mondelēz International and Kantar are also among its clients. ‘Great’ practice head Emmanuel Bénard is ‘always present’, stands out for his listening skills and is 'a master of his art, which goes hand-in-hand with very high personal and moral qualities’. Hélène Daher and of counsel Nadège Owen are other key names.

Industry focus: energy Tier 1

Orrick Rambaud Martel has strong domestic and African capabilities in energy-related regulatory, project and financing matters. On the domestic side, the firm is handling high-profile regulatory, M&A and project matters including advising the Ecological and Solidary Transition Ministry on negotiating contracts with the developers of six offshore wind farm projects including the renegotiation of government-sponsored tariffs. Jean-Luc Champy and senior counsel Noël Chahid-Nouraï are key names. Corporate partner Patrick Tardivy assisted Axa Investment managers and Crédit Agricole Assurances with the €2.4bn acquisition of EDF’s assets in the Dunkirk LNG terminal. In Africa-related work, the team is advising on several of the continent's largest hydro and power plant projects, as well as assisting with several smaller solar and other power projects. The practice is notably acting for the Ministry of Energy of the Republic Democratic of Congo on the construction of the Inga 3 4,800MW hydroelectric project and is advising Eneo on Cameroon's €1bn Nachtigal 420MW hydroelectric power plant project. The group also handles mining work, including assisting the Republic of Guinea with the negotiation of a mining agreement concerning a $474m investment by Chalco Hong Kong. The firm also handles energy work in other parts of the world including Mongolia and is assisting Engie Brasil Energia with a major project sale in Brasil. Pascal Agboyibor heads the firm's Africa practice and Yves Lepage is deputy head of the firm's global energy and infrastructure group. Simon Ratledge and of counsel Philippe Zeller are also noted.

Project finance Tier 1

Orrick Rambaud Martel has impressive capabilities and fields a large team of around 30 lawyers who are able to advise on all types of projects. The ‘responsive and available’ group has strong credentials advising on France's largest infrastructure projects. It is advising a mix of clients, including the French state, sponsors and lenders, on France's largest transport and energy projects. Highlights included assisting the lenders to a consortium with a bid for the CDG Express railway project, as well as Colas Projects with its bid for the RCEA motorway project. Francophone Africa is another very strong area of expertise, especially in the energy sector where the firm is advising on several of the continent's largest hydro and power plant projects, as well as handling numerous smaller solar and other power projects. The practice is notably assisting the Ministry of Energy of the Democratic Republic of Congo on the construction of the Inga 3 4,800MW hydroelectric project, as well as Eneo on the €1bn Nachtigal 420MW hydroelectric power plant project in Cameroon. The team also advises on infrastructure and energy projects in other parts of the world. It notably acted for international finance institutions on the financing of the Sainshand wind farm in Mongolia, and the Serbian government on the development of the JSC Nikola Tesla Airport (Belgrade). Yves Lepage leads the practice. Simon Ratledge, Jean-Luc Champy, Amaury de Feydeau, senior counsel Noël Chahid-Nouraï and of counsel Geoffroy Berthon are also noted.

Administrative and public law Tier 2

Orrick Rambaud Martel's ‘responsive and available’ team is advising the French state, sponsors and lenders on France's largest infrastructure projects, particularly in the transport and energy areas. The practice notably assisted the lender to a consortium with its bid for the concession contract for the CDG Express railway project, as well as Colas Projects with the tender for the RCEA motorway project. In the energy sector, the firm is advising the Ecology Ministry on negotiating governmental tariffs with the developers of six offshore wind farm projects. The highly experienced practice is also called upon to handle challenging post-contract situations, such as advising Aéroport du Grand Ouest (Notre-Dame-des-Landes) on the cancellation of the airport project by the French state. The team is co-headed by the highly recommended Jean-Luc Champy and senior counsel Noël Chahid-Nouraï. Also recommended are of counsels Geoffroy Berthon , who is ‘a high-quality lawyer who provides accurate and rigorous analysis, and whose practical approach is very valuable’, and Philippe Zeller.

Banking and finance: transactional work Tier 2

Orrick Rambaud Martel acts for lenders and borrowers alike, including private banks and international financial institutions. The group has a strong focus on real estate, project and restructuring finance, but is also active in asset finance and general lending mandates. Amaury de Feydeau advised Eiffage Rail Express and Eiffage on the debt refinancing of the Bretagne-Pays de la Loire high-speed rail public private partnership, while Blue Mountain turned to Emmanuel Ringeval to assist with the second restructuring of creditor Vivarte. Hervé Touraine leads the European finance practice. Carine Mou Si Yan was promoted to partner at the beginning of 2018. Other clients include Société Générale, Bouygues and Airbus.

Dispute resolution: Stock market litigation Tier 2

Orrick Rambaud Martel regularly handles litigation relating to public tender offers and market abuse. The practice notably represented Elliott Capital Advisors in a dispute regarding XPO Logistics' public offer for Norbert Dentressangle. Jean-Pierre Martel is a high-profile adviser. Marine Lallemand is also noted.

Private equity: venture/growth capital Tier 2

The 'very sharp team' at Orrick Rambaud Martel has 'an impressive knowledge of business' and is 'extremely solid both at partner and associate level'. The team's Silicon Valley Europe Desk, run by Olivier Edwards, who splits his time between Paris and San Francisco, and the San Francisco-based Matteo Daste is a clear stand-out feature. Edwards jointly heads practice with Benjamin Cichostepski, who 'shows impressive client dedication'; Cichostepski's recent highlights include advising Zenly on its acquisition by Snapchat and assisting Klaxoon with its €42.8m Series A financing round, led by Idinvest Partners and Bpifrance Investissement. Other clients include Airbus Ventures, AnotherBrain and Payfit. Saam Golshani is now with White & Case LLP. Of counsel Barbara Jouffa joined Gowling WLG.

Dispute resolution: International arbitration Tier 3

Orrick Rambaud Martel has ‘superb legal knowledge and strikingly precise wording in writing’. The practice also shows ‘excellent time management and is very organised, and has transparent working and billing’. The firm handles commercial and investment arbitration. It regularly acts on African cases, especially in the mining field; it notably represented two investors in an ICSID arbitration with Mauritania relating to a mining permit. The firm also regularly deals with energy disputes, and is notably representing Voigt & Collegen in ICSID proceedings launched against Spain over renewable energy. Guinea and Engie are clients. The core team is made up of five lawyers following the departure of Laurent Jaeger and two associates for King & Spalding LLP. Practice head Charles Kaplan has ‘profound experience and skills’, including ‘a superb memory for details’, and ‘full comprehension of his customers' needs and knowledge of gas market dynamics and of related economics’, in addition to being ‘deadly in any cross-examination’. Also recommended are Frédéric Lalance and of counsel Sarah Achille.

EU, competition and distribution Tier 3

The young competition team at Orrick Rambaud Martel continues to handle private enforcement follow-on litigation, merger clearance filings, compliance issues and regulatory investigations under the leadership of Patrick Hubert. SFR recently appointed a group including senior associate Malik Idri to advise on its damages claim against Orange following the FCA's decison to fine the latter for anticompetitive practices in the fixed and mobile telecoms market, and Hubert assisted AXA Real Estate Investment Management with the merger control filing regarding its acquisition of Agility Trains West. In other highlights, of counsel Marie-Laure Combet was part of the team which handled Naturex's sale of 40.5% of its shares to Givaudan, and Royal Mail instructed the team to lead its appeal against an FCA decision to fine the client and others for price-fixing cartel activities in 2015. The team continued to expand with the arrival of several new associates.

Real estate Tier 3

Orrick Rambaud Martel's team advises French and Anglophone property investors and developers. The firm notably advises on office building and portfolio transactions. It assisted Cleaveland and Patron Capital V LP with the €71m purchase and financing of Le Magnum office. The practice also regularly advises on leases and development projects in the industrial, hotel, leisure and commercial sectors. Other work includes assisting Caisse des Dépôts with several development projects. Amaury, FFI and Engie are also clients. Sarah Fleury joined Goodwin in 2019.

Tax Tier 3

Orrick Rambaud Martel's six-lawyer tax transactional team regularly advises on high-profile listed M&A and large private equity transactions. The group notably assisted Advent International with its acquisition of Circet along with Omnes Capital and the company’s founders and management team. Other recent work includes advising on debt restructuring matters and property financing deals. The team also secured a major victory before the Paris Court of Appeal that confirmed the dismissal of tax fraud claims totalling €500m made against its clients Diane and Alec Wildenstein. Practice head Anne-Sophie Kerfant is highly regarded. Charles Briand is another key name.

Orrick, Herrington & Sutcliffe (Europe) LLP focuses on serving companies in the technology, energy, infrastructure and financial sectors.

The firm: Founded in San Francisco 150 years ago, Orrick is a leading global law firm with a particular focus on serving companies in the technology, energy, infrastructure and financial sectors. The firm is recognised worldwide for delivering the highest quality, commercially oriented legal advice.

Orrick in London is an established and highly regarded presence in the world’s leading financial centres. Clients include leading banks and other financial institutions, FTSE 100 companies, energy and infrastructure companies, private equity funds, professional services, real estate and venture-backed technology companies. The firm’s integrated team of transactional, regulatory and litigation lawyers, qualified in English and US law, is experienced in meeting the needs of clients. It offers expertise in banking and corporate finance, venture capital, cross-border M&A, IPOs and other corporate fundraising, joint ventures and strategic alliances, competition, employment, real estate, restructuring, private equity, emerging markets, tax, cybersecurity and data privacy, litigation, investigations and international arbitration.

Much of the firm’s work in London involves cross-border transactions, disputes and projects that span Europe, the Middle East, Africa, Asia and the Americas. The London office has extensive experience in emerging markets – particularly in Eastern Europe and Africa. With a ‘one-firm’ culture, Orrick’s lawyers collaborate as part of integrated teams to meet the global needs of clients.

Types of work undertaken:: Technology: Orrick is one of only a handful of firms in London that offers technology-focused clients the experience and contacts within one of the leading Silicon Valley-originated technology practices. The team includes US-qualified and dual-qualified lawyers, some of whom have practised in Silicon Valley. It advises technology companies at all stages in the corporate life cycle, from startups to global multinational companies. It also represents leading venture capital and private equity firms. In addition to completing numerous venture financings, it successfully advises on M&A exits and IPOs. The team represents technology companies in complex merger control investigations before the European Commission. It also advises on issues at the nexus of antitrust and intellectual property.

Energy and infrastructure: the energy team brings broad experience in M&A, trading, project development, financing and cross-border projects. Its experience covers every fuel source and technology across oil and gas, power and renewable energy, and it acts for all market segments including independent power producers, governments, sponsors, trading houses, private equity funds, emerging companies, investors, utilities, developers, lenders and underwriters. In oil and gas, Orrick acts on upstream, midstream and downstream trading projects, working for companies, lenders and governments. It has also recently advised on the acquisition or disposal of in excess of 300MW of renewable energy projects.

Finance: the London finance team represents leading credit providers and borrowers (including private equity sponsors) in a wide range of international/cross-border and UK transactions, including leveraged and acquisition financings, greenfield and brownfield real estate and project financings, and high-yield and structured financings. It has an active practice representing alternative credit providers, and advises private credit and direct lending providers, investment funds, hedge funds, real estate investors and other alternative lenders on acquisition financings, single-asset project and real estate financings, asset-based loans, mezzanine financings, unitranche facilities and venture capital loans.

Restructuring: the restructuring team acts for alternative credit providers, hedge funds and special situations teams of investment banks to execute investment strategies that may involve loan-to-own techniques, pre-pack enforcements and debt-to-equity swaps either outside court or involving a court process throughout Europe.

Real estate: the London real estate team provides comprehensive support for investors based in the UK and internationally. It has extensive experience in shopping centres and retail, and has been involved in some of the largest transactions in the UK.

Other offices: Beijing, Brussels, Düsseldorf, Geneva, Hong Kong, Houston, Los Angeles, Milan, Moscow, Munich, New York, Orange County, Paris, Portland, Rome, Sacramento, San Francisco, Seattle, Shanghai, Silicon Valley, Taipei, Tokyo, Washington DC, Wheeling.