Firm Profile > Orrick Rambaud Martel > Paris, France

Orrick Rambaud Martel
CEDEX 16, 75782 PARIS

Derivatives and structured finance Tier 1

Orrick Rambaud Martel is held up by many as ‘probably the best team in the Paris securitisation market’ and is regularly called upon to assist with innovative and highly structured transactions. It also packs a punch on the regulatory front. Europe finance head Hervé Touraine splits his time between Paris and Geneva and recently demonstrated the team’s regulatory credentials by chairing a committee established by the Securitisation Commission of Paris to reform the finance industry. Aside from its premier securitisation offering, the group also handles a steady stream of structured finance and debt capital markets matters. Olivier Bernard is another key contact and stands out for his ‘remarkable expertise in securitisations’.

Practice head(s):


We retain this team for our most complex files because they bring real added value. This is probably the best team in the Paris securitisation market.’

The whole team is experienced, proactive and strong. It delivers high-quality legal documentation on time.

Very efficient and rigorous team that has a very good knowledge of the marketplace.

By far the best securitisation team in Paris in terms of expertise and efficiency.’

Good knowledge of multi-country securitisations and the technicalities of complex transactions, combined with the ability to manage and co-ordinate transactions with numerous parties.’

Since Hervé Touraine and Olivier Bernard joined Orrick, they have assisted us with our securitisation and covered bond transactions, as well as regulatory issues concerning securitisations. The team brings real expertise, know-how and solutions to complex subjects, and has an excellent knowledge of the legal and regulatory aspects, as well as the market.

Hervé and Olivier are excellent lawyers — very technical and fine connoisseurs of the market. They know how to make themselves available and bring solutions in difficult situations. An interesting point is that they are also interchangeable because there is no competition between them and they keep themselves informed of their respective files.’

Olivier Bernard is a partner with remarkable availability and sangfroid.’

Olivier Bernard is always available, finds solutions, and draws upon an excellent record of previous deals and negotiations, which is very useful.’

Olivier Bernard has remarkable expertise in securitisations, dealing with top and cutting-edge transactions.’

Olivier is an excellent negotiator and has become a partner essential to our activity.’

Key clients

BNP Paribas

Crédit Agricole Corporate and Investment Bank (CACIB)

La Banque Postale


Morgan Stanley



Crédit Agricole Consumer Finance

Dispute resolution: Commercial litigation Tier 1

Orrick Rambaud Martel handles a broad range of disputes work, spanning commercial, corporate and financial litigation, including many high-profile cases. The firm is notably involved in several heated disputes connected to major insolvency cases. These include successfully representing DNCA in a dispute challenging CGG’s safeguarding proceedings and advising  Arcole Industries. The practice is also well versed in dealing with shareholder conflicts and corporate director liability cases, as well as handling disputes in Africa. Frédéric Lalance is in charge. Also involved is well-known figure Jean-Pierre Martel.

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‘The team is very competent, reactive, efficient and precise’.

‘Frédéric Lalance is a high-profile and very good lawyer. He is responsive and also offers great availability’.

Key clients

Air Liquide

Arcole Industries

BDO Italia



Bureau Veritas


Carmignac Gestion

Consortium de Réalisation


Crédit Agricole




Dispute resolution: Stock market litigation Tier 1

Orrick Rambaud Martel represents publicly listed companies, as well as leading investment funds and shareholders, and recently acted for Iliad in proceedings challenging a previous AMF fine for breach of insider dealing regulations. The group is also involved in several high-profile cases regarding AMF investigations, insider dealing claims, shareholder activism and information disclosure issues. Jean-Pierre Martel and Alexis Marraud des Grottes are the key contacts.

Key clients


Elliott Capital Advisors



Officiis Properties


Bastide Le Confort Medical

Employment Tier 1

Orrick Rambaud Martel is appointed by the largest French and international corporations and financial institutions to handle their most complex matters. The 12-lawyer team notably assists clients in dealing with strategic collective negotiations and litigation, and guides them during large-scale restructuring projects. It is notably advising AXA IM on its landmark transformation project. The team also provides key support during high-profile M&A transactions. Strategic individual litigation is also dealt with and often involves disputes regarding the departure of high-level executives. Practice head Emmanuel Bénard is highly recommended. The other key name in the practice is newly promoted partner Nadège Owen. Hélène Daher joined Karman Associés in 2019.

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‘A strong employment team capable of dealing with large cross-border reorganisation projects. The team provides practical advice and is solution-driven.’

‘A wholly business-oriented team which provides solutions and not just basic risk analysis assessments. It is also highly responsive.’

‘The team shows high-level ability to deal with the financial aspects of matters and solves issues in practical and adapted manners.’

‘Emmanuel Bénard is extremely experienced and ably assisted by Nadège Owen who is excellent.’

‘Emmanuel Bénard is a trustworthy adviser who stands by his clients and always makes himself available when dealing with urgent situations.’

Key clients

AXA Assistance



Astanor Ventures

Banque Palatine


Club Med

Crédit Agricole







La Banque Postale







Industry focus: Energy Tier 1

Orrick Rambaud Martel has a broad scope of expertise, spanning projects, brownfield transactions, and regulatory work, and counts state entities, lenders and companies among its clients. In France, the practice assisted the French government with complex energy price renegotiations regarding the electricity production expected from the country’s future six wind offshore farms. The group also provides strategic regulatory advice on gas storage, and acts on geothermal and biomass projects. Additionally, the team has a very strong presence in Africa where it is currently involved in many of the continent's largest hydropower, thermal and renewals projects, especially in Cameroon and Mali. Yves Lepage chairs the practice which includes several very experienced advisers, such as public law expert Noël Chahid-Nouraï, an of counsel. Of counsel Foucaud Jaulin is another key name. Pascal Agboyibor and Simon Ratledge left the firm in 2019 to set up Asafo & Co. in Paris. Jean-Luc Champy is now at White & Case LLP. Nicholas George moved to Dentons in June 2020.

Practice head(s):


‘The team provides very relevant advice and has strong expertise on offshore wind projects. It is very responsive.’

‘The firm provides high-quality work on African infrastructure investments and related M&A. They stand out by their very high-quality technique and great insight due to their very deep market presence, particularly in francophone Africa.’

‘Yves Lepage is a very savvy adviser who helps his clients navigate difficult business environments safely.’

‘Geoffroy Berthon is highly reliable and has excellent analysis abilities and shows great responsiveness.’

Key clients

The French Gouvernment



Société Générale

Caisse des Dépôts et Consignations



CDC Group Plc

Off Grid Electric


La Banque des Territoires (Caisse des Dépôts Group)

The Government of Mali



Banking and finance: transactional work Tier 2

'They know very well what lenders and sponsors consider acceptable and can propose a wide range of solutions for each problem', says a client of Orrick Rambaud Martel. The firm has a skilled infrastructure practice and also has a major role in many restructuring and refinancing transactions. Practice head Hervé Touraine is largely based in Geneva, but the Paris office is home to experienced partners including Emmanuel Ringeval, who represents French and international financial institutions, corporates, private equity funds and alternative capital providers on domestic and cross-border transactions.

Practice head(s):


Emmanuel Ringeval is a very experienced and responsive contact, with excellent technical ability and market knowledge. He was always available for short-notice questions and takes a commercial view where it was needed.

We have longstanding and very detailed experience of the team, which has a strong mix of experienced partners and talented counsels and lawyers.

They can be trusted each time, and are able to create consensus around decisions and proposals for both sponsors and lenders.

Key clients

Ministère de l’économie des finances (French Ministry of economic and financial affairs)

Groupe Bertrand

Frans Bonhomme

Arkéa Banque Entreprises et Institutionnels

BNP Paribas

Société Générale

la Banque Postale

Crédit Agricole Corporate and Investment Bank


EU, competition and distribution Tier 2

Orrick Rambaud Martel's seven-lawyer team regularly advises companies and private equity funds on merger control work. The practice is also involved in several major domestic cartel and antitrust investigations and acts in a major telecoms damage claim lawsuit before French courts involving high financial amounts. Patrick Hubert is the head of the practice which includes Marie-Laure Combet as the second key member. Of Counsel Malik Idri is also noted.

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Patrick Hubert is a fantastic all-round lawyer who is highly appreciated by clients, and who communicates very clearly regarding very complex concepts.’

Key clients


Caisse des Dépôts




Goldman Sachs



Royal Mail Group Ltd


Montefiore Investment


Deloitte France

Private equity: venture/growth capital Tier 2

Orrick Rambaud Martel stands out through its French desk in Silicon Valley, which acts for French start-ups looking to establish themselves in California and also serves as a local hub for US investors where it assists with French and US legal aspects. Run by practice heads Benjamin Cichostepski and senior counsel Olivier Edwards, the desk is a key feature of the group's strong cross-border practice which also includes a Silicon Valley Europe desk under the helm of Edwards and the San Francisco-based Matteo Daste. Senior associate Olivier Vuillod provides key support. The technology sector generates the bulk of its workload. Private equity and restructuring specialists Saam Golshani and Guillaume Vitrich joined White & Case LLP in December 2018.


Olivier Edwards is creative and finds solutions.

Olivier Vuillod is serious and tenacious.

High quality advice that always looks ahead and offers pragmatic solutions.

Key clients










Volta Medical

Project finance Tier 2

Orrick Rambaud Martel stands out for its large sector spectrum and geographical reach. The practice fields a very impressive caseload of top-level project work, both in France and in Africa. In France, the practice plays a key part in most of the country’s few high-profile infrastructure projects, including railway, motorway, high-speed internet and airport infrastructure projects. Abroad, the firm recently advised on several airport and road projects, including the new JSC Nikola Tesla Airport project in Serbia. In Africa, the team is highly involved in road and energy projects, for example as advisor on one of the first road concessions in the Republic of Congo and on the Nachtigal 420MW hydropower plant project in Cameroon. Yves Lepage chairs the practice which includes leading public law expert Noël Chahid-Nouraï, a senior counsel, as well as key members Geoffroy Berthon, who was made partner in 2020, and of counsel Foucaud Jaulin. Pascal Agboyibor and Simon Ratledge left the firm to set up Asafo & Co., while other key member and public law partner Jean-Luc Champy left to join White & Case LLP in February 2020. Nicholas George moved to Dentons in June 2020.

Practice head(s):


‘The team is dedicated to achieve the goals and milestones set by its clients. It shows great communicative abilities and skills.’

‘The firm boasts one of the market’s most experienced teams which shows a very high level of professionalism. The team always finds practical solutions to issues and provides high-level legal analysis. The firm also stands out for its ability to mix both a French and US approach to infrastructure projects.’

‘The team’s PPP expertise is very robust. Negotiations skills are also very high-level.’

‘Yves Lepage is highly experienced, handling the most complex negotiations and deal closings. He is totally involved in matters.’

‘Geoffroy Berthon and Amaury de Feydeau are both excellent lawyers, reliable and very proficient. They provide great support in helping clients find the best solutions.’

Key clients

The French State

Tunnel Euralpin Lyon-Turin

Colas Projects


Caisse des dépôts


Crédit Agricole

Société Générale

China State Construction Engineering Corporation

Egis Road Operation

VINCI Airports


Republic of Serbia



CDC Group Plc

Off Grid Electric

Tax Tier 2

Orrick Rambaud Martel's team has broadened its expertise following recent additions. The firm remains a strong choice for all types of transactional advice, spanning major M&A, banking and financial restructuring matters; Anne-Sophie Kerfant is particularly strong in this area. Charles Briand, who joined the team in 2017, is making a name for himself in the private equity sphere. In addition, in 2018 the firm welcomed former Conseil d’Etat member Laurent Olléon, who is assisting high-profile French companies in sensitive and high-stakes litigation, notably in relation to the EU law on VAT and profit-sharing issues.

Practice head(s):


‘A high-quality and technical team’

‘Anne-Sophie Kerfant demonstrates great talent, people skills and efficiency, and constant availability’

‘Charles Briand understands clients’ expectations exactly, does everything he can do to satisfy clients’ needs, and shows great analysis skills’

‘Laurent Olléon is extremely renowned in the field of corporate taxation, VAT and local taxes. His technical knowledge of the Conseil d’Etat litigation procedures is excellent’

Key clients

Advanced Accelerator Applications

Advent International


Axa-REIM France

BCBG Max Azria


BPCE Group




Dufour Yachts


Hachette Livre







Syndicat National de l’Edition



Dispute resolution: International arbitration Tier 3

Orrick Rambaud Martel's practice was strengthened by the hire of an experienced team from Jones Day, including the highly respected Michael Bühler, who is now in charge of the firm’s global practice, and Nicole Dolenz. They join forces with Charles Kaplan and litigation partner Frédéric Lalance, who is also a regular contributor to the practice. The team handles investment and commercial arbitration. It has particular know how in the gas, natural resources, mining and energy sectors. The African continent is a key market where the team has strong knowledge, including in-depth familiarity with the OHADA framework.


‘The team is very responsive, well organised, familiar with extensive details of the case, and able to put arguments and weak and strength positions into perspective and draft accordingly.’

‘Charles Kaplan is super good in oral presentation of a case at a hearing as well as in cross examination. He has great expertise and strong knowledge of the aviation sector. He tackles matters in a very aggressive way and masters every aspect of arbitration and litigation aspects. He has profound experience and skills, especially when it comes to case strategy.

Key clients





Tamagot Bumi and Bumi Mauritania


Voigt & Collegen

Mergers and acquisitions Tier 3

Orrick Rambaud Martel climbs this year's ranking having been active in a diverse range of transactions in sectors including technology, telecoms, energy, infrastructure, aerospace, automotive, retail and leisure. The firm has strong cross-border capabilities in both public and private M&A, with prominent roles in both mid-cap and large-cap deals. It frequently acts for large French and multinational companies, including investment managers, and among its key clients are AXA IM and EuroDisney. Patrick Tardivy leads a 'responsive and dedicated team', where Jean-Pierre Martel, George Rigo and 'top-notch lawyer' Alexis Marraud des Grottes particularly stand out. Saam GolshaniAlexis Hojabr and Guillaume Vitrich joined White & Case LLP in December 2018. Guillaume Kessler joined Dentons in early 2020.

Practice head(s):


The firm has a responsive and dedicated team.

An effective, dedicated and very responsive team.

Alexis Marraud des Grottes has delivered on our transaction a first-class legal advice in terms of deal tactics and expert skills in public tender offers. He is one of the best lawyers in Paris of his age.

Alexis Marraud des Grottes has consistenly delivered over the years an impressive track record of deals that allows him today to be a top-notch lawyer. He stands out clearly in the way he anticipates challenges and proposes adequate and opportunistic solutions to clients.

We appreciate the availability, flexibility and dedication of the team.

The personal involvement of the top partners in the deal and the in-depth knowledge and attention to all specifics of the case gives us the necessary confidence that everything is under control.

Alexis Marraud des Grottes and his team did great work for us. They were always available to get things done. They were pragmatic in a way that eased tremendously the discussions with the other lawyers. They have a very good and respectful relation with the French market authorities.

Alexis Marraud des Grottes is available night and day – even on weekends – for his clients.

Key clients




EOS Holding


Euro Disney

Groupe Bertrand

Jaguar Network




SIB (Société d’Investissement Bastide)


Private equity: LBO Tier 3

Orrick Rambaud Martel

Practice head(s):

Key clients


Advent International


AXA Reim

CNP Assurances


EOS Holding

Impax Asset Management

LBO France

Malakoff Médéric


Société Générale Insurance

TVM Capital Life Science

Insolvency Tier 4

Orrick Rambaud Martel combines strong finance and insolvency expertise through the complementary duo made up of banking and finance partner Emmanuel Ringeval and insolvency and restructuring partner Carine Mou Si Yan. The practice advises banks and investment funds. It is involved in several market highlight cases.


‘Carine Mou Si Yan is very thorough and competent when dealing with complex files.’

Key clients



BNP Paribas

Davidson Kempner

Société Générale


Oaktree Capital Management

Värde Partners


Administrative and public law Tier 5

Orrick Rambaud Martel


‘The team has excellent technical expertise and great knowledge of the French PPP sector. Lawyers are available and practical. They find the right solution to conclude negotiations favourably, sometimes in a very difficult context. They are also very proactive.’

‘Senior counsel Noël Chahid-Nouraï is very experienced and his remarkable analysis abilities are a precious asset.’

‘Geoffroy Berthon has excellent technical expertise and finds the right tone to make everyone around the table agree. He combines great technique and finesse.’

Key clients


French Ministry for Ecological and Inclusive Transition

Tunnel Euralpin Lyon Turin (TELT)

French Ministry of Economy and Finance

Société du Grand Paris

Vinci Construction France

Allianz Global Investors


Arkéa Banque Entreprises et Institutionnels

BNP Paribas

Caisse d’Épargne et de Prévoyance de Midi-Pyrénées

Crédit Foncier de France

La Banque Postale

Société Générale

Altitude Infrastructure

Bouygues Bâtiment Nord-Est

Aéroport du Grand Ouest


Caisse des Dépôts et Consignations (CDC)


Bolloré Transport & Logistics


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.

France – Our Paris team, known as Orrick Rambaud Martel, is one of the premier international law practices in France. Our team is called on by the largest French and international financial institutions, infrastructure funds, CAC 40 companies, high-growth startups and international companies. Clients turn to our team on the deals, projects and disputes that are shaping the French economy.

Our leadership in the French market dates back a decade, when we combined with Rambaud Martel, one of Paris’s pre-eminent corporate law firms.

Corporate and Tech

We have played a role in many of the most innovative French corporate transactions of recent years. We advised Alstom’s board on the $13.5 billion sale of the company’s power generation business to General Electric, one of the most complex and closely watched M&A transactions in France, which was named European M&A “deal of the year” by IFLR. The Peugeot family turned to our Corporate team for a $3.4 billion (€3 billion) capital raise that involved a joint venture with China’s Dongfeng Motor Group. And L’Oréal sought our advice on its $6.8 billion (€6 billion) stock buyback.

We’re also the leading firm in France’s tech market, advising on venture financings and some of the most noteworthy strategic combinations. The French digital marketing software company Neolane called on us for its $600 million sale to Adobe. We advised the restaurant booking platform La Fourchette on its acquisition by U.S.-based service TripAdvisor. And when aerospace, defense and security multinational Thales acquired Bay Area data protection solutions provider Vormetric, it turned to us.

Energy & Infrastructure

Our Paris team is recognized for pioneering work in the energy and infrastructure sector. Recent examples include an innovative sea urbanization project that will increase the size of Monaco, the first bond-financed public-private partnership in France for the Cité de la Musique, and the first project finance transaction in France under the new Juncker Plan for the ports of Calais and Boulogne-sur-Mer. We’ve also advised on many French renewable energy projects, including the financing and acquisition of wind farms and solar power facilities.


Our Africa practice is based in Paris and London. The team advises governments, corporations, private equity funds, major development banks and other lenders on project financings and M&A and private equity transactions. We play an active role in some of the most significant and innovative projects underway on the continent. We represented the Golar Group’s affiliates in a floating liquefaction project in Cameroon – the first in Africa and one of the first in the world. In addition, we play a role in virtually every major mining project underway in Africa. We are also helping our clients develop Africa’s telecoms infrastructure, tech and fintech markets. Where necessary, we act for our clients in dispute resolution, and we have prevailed in some of the largest international arbitration matters in the market.


Our Finance teams act for the leading French and international banks, alternative credit providers, private equity funds, and other corporate borrowers.

Our Structured Finance and Securitization partners have advised on many groundbreaking transactions in France and Europe, including in the area of covered bonds, corporate structured bonds, and the establishment of dedicated origination and refinancing platforms. We also participate in drafting securitization and structured finance legislation and regulations in France. A member of our team is a founder and General Secretary of the Paris Structured Finance Institute (IFSP).

In addition, our Paris lawyers have advised companies on some of the most significant recent restructurings. We advised EuroDisney’s board on a €1 billion restructuring. Club Med turned to us for guidance on a $1.1 billion take-private transaction. And we guided leading wine and spirits company Belvédère Group in negotiating a comprehensive restructuring. We also advised Davidson Kempner on the restructuring of the bank debt of aviation industry leader Latécoère.

Dispute Resolution and Employment

We regularly appear before France’s highest courts and before arbitral tribunals, such as the International Chamber of Commerce, the Swiss Chambers of Commerce and the London Court of International Arbitration. In what The American Lawyer called a “mega win,” our Paris team recently secured a €440 million judgment for the French government entity Consortium de Réalisation in a highly publicized case known as “L’Affaire Tapie.” We also act for the Republic of Guinea in investor disputes, including a $5 billion ICSID arbitration brought by the mining giant BSGR – one of the largest pending arbitrations in the world.

Our Employment team is especially known for representing international companies in French employment matters, including employee representation, collective bargaining, collective redundancies, and mergers and acquisitions. We have a strong record in collective litigation.

Our Office and Our Community

Located in the heart of the city on Avenue Pierre 1er de Serbie, our Paris office occupies a building that previously served as the headquarters of the French Employers’ Federation (MEDEF). Through our long-standing partnership with the European American Chamber of Commerce, we regularly host conversations with leaders of Europe’s civic, cultural and business institutions.

Our Paris lawyers provide pro bono counsel to individuals and nonprofit organizations such as the World Wildlife Federation, RARE, Planet Action, and the Institute for Brain and Spinal Cord Disorders, a research center that one of our lawyers has helped lead since its inception. As part of our Orrick Cares initiative, our Paris team runs together in races that benefit causes such as Action Against Hunger, the Sir John Golding Rehabilitation Centre and breast cancer research.

Department Name Email Telephone
Office Leader Patrick Tardivy +33 (0)153537500
Office Leader Emmanuel Bénard +33 (0)153537500