Orrick > Paris, France > Firm Profile

Orrick
61 rue des Belles Feuilles
75016
France

France > Derivatives and structured finance Tier 1

The specialists at Orrick bring strength to advising major financial institutions (BNP Paribas, Crédit Agricole, Morgan Stanley, Société Générale) and corporates in aerospace, car rentals, energy, on high-value securitisations and domestic and cross-border structured finance transactions. The team is led by Hervé Touraine (the Chair of the Securitisation Commission of Paris (EUROPLACE). Olivier Bernard brings to the group over 20 years of experience in the practice area. Other key figures include of counsel Judith Rousvoal (who assists with the finance of major infrastructure projects) and structured finance expert Laure Seror. Since publication, Carine Mou Si Yan left the firm.

Practice head(s):

Hervé Touraine

Testimonials

‘The team is built around two professionals working in tandem on operations, Olivier Bernard and Laure Seror, which minimises operational risk. It also has access to junior resources.’

‘Serious, attentive to operational implications, natural authority, available, sympathetic, rigorous, excellent lawyers.’

‘High availability of a team which has innovative solutions for each situation.’

Key clients

AXA Banque

BNP Paribas

BPCE

Crédit Agricole Consumer Finance

Crédit Agricole Corporate and Investment Bank

La Banque Postale

Morgan Stanley

Natixis

Natixis Investment Managers International

Société Générale

Work highlights

  • Advising Groupe BPCE on its first public ‘green’ securitisation of residential loans, which was valued at around EUR 1.5bn and is the largest transaction of its type by a French issuer to date.
  • Advised BPCE and Natixis on the update of and issuances under the EUR 40bn RMBS programme of Groupe BPCE.
  • Advised Société Générale, the arranger and lead manager, on the first public securitisation transaction – worth EUR 468m – by TEMsys (ALD Automotive France), the French subsidiary of ALD Automotive Group.

France > Dispute resolution: Commercial litigation Tier 1

Orrick handles a significant volume of high-stakes cases. The firm has been handling several top civil liability cases in connection with bankruptcies. Its strong civil litigation know-how has also led to an uptick in recent instructions to act in large tax fraud and insurance cases. Thanks to its strong international capabilities, the team regularly acts in disputes with strong international components, such as judgment exequatur cases. It has also been retained to assist in dealing with a very sensitive insurance-related case linked to the war in Ukraine. The practice’s varied caseload also incorporates corporate, commercial and product liability cases. Frédéric Lalance is in charge and the highly regarded  Jean-Pierre Martel also contributes, as well as associates Grégoire Piat and Amaury Ginet.

Practice head(s):

Frédéric Lalance

Testimonials

‘Orrick has a large team of professionals specializing in dispute resolution.’

‘Remarkable involvement of the most senior partners (in particular Frédéric Lalance) in the management of procedures. Great availability, involvement in pleadings.’

‘Very professional, responsive and educational team.’

‘The perfect knowledge of our business and our issues by Mr Lalance is an undeniable and extremely valuable asset. The strengths of this team can also be seen in the quality of their writing and their arguments.’

‘Mr Lalance distinguished himself by his perfect knowledge of our profession and its issues. Amaury Ginet is an excellent lawyer who also understands our requests very well and whose legal recommendations are always clear and very well argued.’

Key clients

Air Liquide

Arcole Industries

Bpifrance

Bureau Veritas

Consortium de Réalisation

Coriolis

Crédit Agricole

Diane Wildenstein

DNCA

Elliott

ENEL

Etablissements Peugeot Frères

Natixis

Nvidia

Officiis Properties

Opel Bank

Production Resources Group

PwC

Rothschild & Co

Dogan Holding / Sabanci Holding A.S. / Limak Yatirim Enerji Üretim Isletme Hizm

SFR

Sonos

Syma

3i Infrastructures

Work highlights

  • Representing Arcole Industries in securing the dismissal of almost €400 million worth of claims in a post-bankruptcy shareholders’ liability dispute.
  • Representing 15 out of the 50+ defendants in a spoliation case worth €68 billion.
  • Obtaining major victories for Italian energy company Enel in 2021 concerning the enforcement of Albanian judgments against our client.

France > Dispute resolution: Stock market litigation Tier 1

France > Administrative and public law Tier 2

Orrick is often retained to advise on top infrastructure projects. The firm has a strong focus on energy, spanning renewables, nuclear and new alternative initiatives. It is notably advising the French state on its landmark offshore and floating renewables projects. The team also assists clients during brownfield transactions, notably in relation to electrical charging stations. The team also advises on various airport, port and motorways projects in France as well as in Africa. The team is co-headed by Geoffroy Berthon and senior counsel Noël Chahid-Nouraï. Associates Constance Boillot and Janina Dahmouh also provide strong support.

Practice head(s):

Geoffroy Berthon; Noël Chahid-Nouraï

Other key lawyers:

Testimonials

‘Great ability to adapt and react, good level of analysis.’

‘Geoffroy Berthon shows great availability and provides analyzes of high quality.’

‘The team is very efficient: they meet deadlines and provide clear analysis.’

‘Geoffroy Berthon stands out for his fluency orally as well as his diplomatic and thoughtful character. Janina Dahmouh and Constance Boillot are also very competent and know the files precisely.’

‘A team of an excellent level, capable of handling a wide variety of complex legal subjects’

‘The team is very attentive and extremely available, often within very short deadlines. Furthermore, the team makes a real effort to understand the technical subjects dealt with in detail, which is rare.’

‘Geoffroy Berthon, Constance Boillot, Jamina Dahmouh, all three of them are very solid and very pleasant.’

‘Great responsiveness.’

Key clients

Azienda Trasporti Milanesi

Alliages et Territoires

Allianz Global Investors

Altawest

Antin

Ardian

Azienda Trasporti Milanesi

Bolloré Transport & Logistics

Bouygues Construction

Caisse Des Dépôts et Consignations

DIF Capital Partners

EGIS

EOS Holding

E-Pango

Fayat

French Government – Ministère de la Transition énergétique

Heuliez Bus

ICT France

IGY

Iveco

Neoen

Saur

Société Générale

Societé Générale Equipment Finance

3i

Work highlights

  • Advising the French government on the awarding of the construction and operation of offshore wind farms in Normandy, Brittany, the Mediterranean and Oleron.
  • Assisting candidates to the €1,2 billion public procurement tenders launched by Ile de France Mobilités for the operation of lines 15, 16 and 17 of the “Grand Paris Express” metro system.
  • Advising lenders on public procurement tenders launched for motorway and toll road concessions in France.

France > Employment Tier 2

Orrick advises a prominent client base, made up of leading French and international banks and financial services businesses. The team assists clients with the whole range of strategic collective and individual matters, and has recently been instructed to assist with the management of post Covid-19 issues such the implementation of new remuneration schemes and management crisis advice. The practice also works on restructuring and collective downsizing projects, and handles sensitive individual situations including matters involving moral harassment and sexism allegations. The practice is co-headed by Emmanuel Bénard and Nadège Owen and includes of counsel Hélène Boukez.

Practice head(s):

Emmanuel Bénard; Nadège Owen

Other key lawyers:

Testimonials

‘Responsive, responsible, and commercial.’

‘Very approachable and practical. They understand cross border nuances well’.

Key clients

Almaviva

Antin Infrastructure

Aswo

AXA France

AXA GO

AXA IM

Change.org

Crédit Agricole SA

Groupe Air France (Air France / Hop !)

Helios

La Banque Postale

Omnipresent

Solocal

Work highlights

  • Advised LPB in the context of its simplified public tender offer for CNP assurances’ share capital.
  • Advised Air France and its subsidiary, Hop! regarding the drafting, negotiation and signature with trade unions of Hop!’s social plan.
  • Advised Antin Infrastructure on employment law and social aspects relating to the sale of its shares in Almaviva Capital.

France > Industry focus: Energy Tier 2

Yves Lepage heads Orrick‘s ‘competent and professional’ energy practice, which has strong capabilities handling matters in the sector, a predominant focus being on renewables. Notably, the team is advising the French government on the framework for proposed offshore wind farm projects, which is led by the ‘excellent’ Geoffroy Berthon. The team has a prominent specialism for regulatory work in the area, as well as on M&A matters, and regularly handles contracts, construction, development and financing mandates. Alongside its domestic cases, the practice also has significant involvement in African work. Senior associate Constance Boillot is another key team member.

Practice head(s):

Yves Lepage

Other key lawyers:

Testimonials

‘A very competent and professional team with sharp expertise and a strong ability to work on innovative legal issues.’

‘Geoffroy Berthon is both excellent on the content and able to increase his client’s skills on the subjects. The rest of the team, namely Constance Boillot and Janina Dahmouh, is also of an excellent level.’

‘Great ability to adapt and react, and a good level of analysis.’

‘Geoffroy Berthon is a great teacher with great availability, and he provides analyses of high quality, which is essential.’

‘The team has good knowledge and significant experience of the industry sector, including Francophone African electricity infrastructure development and project financing. Plus, an ability to be pragmatic with counterparts to assist in resolving difficult points. There is good team availability and good, clear document drafting.’

‘A team capable of advising its clients on all aspects of transactions in the energy sector. The corporate aspects including competition law and taxation are perfectly mastered, as are the regulatory and public law aspects.’

‘Geoffroy Berthon, Janina Dahmouh and Constance Boillot are all rigorous lawyers, extremely aware of the evolutions of the legislation, who also master the more operational and technical questions, which are sometimes intimately linked to legal subjects in the energy sector. This team has been working together for several years and the result for clients is an ability to respond as well as possible and quickly to various requests.’

‘Foucaud Jaulin, on the contractual aspects of major international projects, knows how to perfectly manage the negotiations and the issues and tensions that may arise during this type of transaction. He puts his experience in Central Asia, Eastern Europe and Africa at the service of the progress of projects and offers pragmatic, tailor-made and effective solutions to advanced negotiations.’

Key clients

Africa50

Ardian

Colas

Crédit Agricole

DIF Capital Partners

Egis

ENEO

Engie

EOS Holding

Eranove Group

Fayat

Geogas LNG

Gridworks (British International Investment)

GuarantCo

La Banque des Territoires (Caisse des Dépôts Group)

Neoen

Republic of Mali

Romande Energie

Société Générale

The French Government

Voigt & Collegen/SolEs Badajoz

Voltalia

Work highlights

  • Advising the French government on four offshore wind farms to develop 6GW capacity in the next few years.
  • Assisting Gridworks, Eranove and AEE Power in the conclusion of concession agreements for the development and financing of mini-grids and power generation plants and now on all financing, EPC and O&M legal aspects.
  • Advising Ardian Infrastructure in connection with the signature with Groupe Casino, Tikehau Capital and Bpifrance of a unilateral commitment to acquire a majority stake in the capital of GreenYellow, worth €1.4bn.

France > Mergers and acquisitions Tier 2

Orrick's know-how in M&A, strategic investments, joint ventures and multi-jurisdictional deals is sought out by major players within the technology and telecoms, energy, infrastructure, healthcare, life sciences, real estate and hospitality fields. The practice is spearheaded by Patrick Tardivy, who is also knowledgeable in buyouts and joint ventures, and is distinctly well-versed in investments pertaining to Francophone Africa; his team includes Jean-Pierre Martel, a star name who has previously advised household names including Peugeot and L’Oréal on blockbuster transactions, in addition to Olivier Jouffroy, who specialises in both public and private M&A deals. Beyond partner-level, of counsel Gergana Rodriguez-Bacarreza plays a pivotal role in the group’s transactional activities within the energy sphere.

Practice head(s):

Patrick Tardivy

Other key lawyers:

Jean-Pierre Martel; Olivier Jouffroy; Gergana Rodriguez-Bacarreza; George Rigo; Alexis Marraud des Grottes

Testimonials

Lawyers have excellent technical knowledge and negotiation skills.’

‘Orrick’s corporate team stands out for its ability to structure complex arrangements. Orrick is very well positioned to manage both medium-sized and very large deals.’

‘Patrick Tardivy – Patrick has an impressive work force. It strives to always be innovative at the service of its customers in order to make them benefit from the latest market trends (W&I insurance for example).’

‘Olivier Jouffroy – Olivier has an organizational capacity that allows him to manage operations efficiently. His rigor makes it possible to carry out complex operations in record time.’

Key clients

3i Group plc

Alcentra Limited

Almaviva Capital / Almaviva Santé

Antin Infrastructure Partners

Ardian

Assystem

Auchan

AXA IM

BT Group Plc

CNP Assurances

Eurofiber

Kem One

L’Oréal

Michelin

Proximis

RATP

Saur

Société d’Investissement Bastide – SIB

Stokke AS

Veolia Environnement

Work highlights

  • Advised L’Oréal on its €8.9 billion strategic transaction with Nestlé for the repurchase of 4% of its own shares held by Nestlé. The total price paid to Nestlé will amount to €8.9 billion.
  • Advising Ardian Infrastructure on signing a €1.4 billion agreement to acquire a majority stake in the capital of solar energy pioneer GreenYellow from French mass-market retail giant Groupe Casino, Tikehau Capital and Bpifrance. |
  • Advised CNP Assurances (i) in its capacity as member of a consortium of investors comprising Global Infrastructure Partners, Meridiam and La Caisse des dépôts (the “Consortium”) in connection with the negotiation and signing of a Memorandum of Understanding between Suez, Veolia, and the Consortium with a view to forming the shareholder base of the new Suez entity with revenues of nearly €7 billion.

France > Private equity: LBO Tier 2

Orrick combines cross-practice expertise to advise clients on LBOs, OBOs, MBOs, secondary buyouts, and sales of portfolio companies. The team acts for buyers, sellers, investors, and lenders on both large and small-to-mid cap deals. Patrick Tardivy co-chairs the firm's global M&A and private equity group, and has notable expertise across the energy, infrastructure, and real estate sectors. Olivier Jouffroy is able to draw on previous experience practising in Luxembourg.

Practice head(s):

Patrick Tardivy; Olivier Jouffroy

Testimonials

‘Patrick Tardivy: the best – excellent negotiation skills, deep understanding of sector, master all related topics (tax, structure…), able to create consensus.’

‘The team is well placed to handle complex large-cap transactions while handling all ancillary matters via their global network.’

‘Olivier Jouffroy is tech-savvy and hardworking.’

Key clients

3i Group plc

Almaviva Capital

Antin Infrastructure Partners

Ardian

AXA IM

CNP Assurances

Eurofiber

Kem One

NXMH

Proximis

Safran

Saur

Société d’Investissement Bastide – SIB

Stokke AS

Work highlights

  • Advising Ardian Infrastructure on signing a €1.4 billion agreement to acquire a majority stake in the capital of solar energy pioneer GreenYellow from French mass-market retail giant Groupe Casino.
  • Advised CNP Assurances on the €9 billion acquisition of New Suez from Veolia, and the acquisition from Engie of an additional 11.5% stake in GRTgaz, a deal worth around €1.6 billion.
  • Advised Antin Infrastructure Partners on its c. €2 billion disposal of private hospital group Almaviva Santé to WrenHouse.

France > Private equity: venture/growth capital Tier 2

Representing a mix of startups, growth-stage companies, and leading investors, the team at Orrick offers clients leading venture and growth capital advisory services. Benjamin Cichostepski regularly works with tech and internet companies, and assists clients through the full business cycle, from equity financings to external growth transactions. Olivier Vuillod works with startups and high growth tech companies, and has additional expertise with cross-border transactions. Olivier Edwards left the firm in 2022.

Practice head(s):

Benjamin Cichostepski; Olivier Vuillod

Testimonials

‘I am particularly satisfied with the quality of the Orrick staffing; our day-to-day contacts are extremely specialized and know how to call on additional expertise if necessary; they show a very pragmatic attitude and are real problem-solvers; they know how to support us on a variety of highly complex needs (holding company, venture builder, VC funds, portfolio companies) with great success.’

‘Olivier Vuillod and the team are particularly excellent; they are distinguished by their level of availability, delivery and by the quality of the relationship they have been able to develop with us for more than 4 years; we consider them as true “legal business partners” and we turn to them whenever a need arises or in anticipation of our next challenges; we have never put them in competition since the beginning of our relationship (unless Orrick is conflicted and they ask us to).’

Key clients

Index Ventures

Alan

Princeville Capital

One Peak Partners

Cajoo

Sellsy

Homa Games

Gatewatcher

FundersClub

Idinvest Partners

Descartes Underwriting

Alice & Bob

Ganymed Robotics

PayFit

Sorare

Work highlights

  • Advised Sorare, a developer of an NFT (non-fungible token)-based fantasy football game, on its $680 million Series B financing round.
  • Advised PayFit on its €254 million Series E financing.
  • Advised Alan, insurtech startup, on its €183 million Series E financing.

France > Project finance Tier 2

The team at Orrick is described as having ‘extensive expertise in the field’ and regularly acts on high-value deals, both domestically and internationally. Yves Lepage , noted for his ‘rich experience’, leads the team which advises well-known clients such as the French Government, on projects across a range of industry sectors, including renewable work such as offshore wind farms. The predominant focus of the team is the transport sector, on matters ranging from motorways through to maritime and aviation. In addition, the team has extensive experience advising on PPP contracts, for the construction and operation of projects.

Practice head(s):

Yves Lepage

Other key lawyers:

Foucauld Jaulin; Geoffroy Berthon; Laure Séror

Testimonials

‘The team has extensive expertise in the field of infrastructure project finance, and partners are very available.’

‘Yves Lepage stands out for his rich experience, his ability to conduct negotiations on behalf of his client, his great availability in the sector, and his complete dedication to his client. Foucauld Jaulin stands out for his rigour, legal precision, dedication and tenacity.’

‘Availability and skills are noteworthy in the team.’

‘Geoffroy Berthon and Laure Séror have always made themselves available and have been consistently attentive to the various issues surrounding the projects within my scope. They have always been very competent and proactive.’

Key clients

3i Group plc

Aéroports de Paris

Africa50

Colas

Crédit Agricole

DIF Capital Partners

Egis (client for 5+ years)

ENEO (client for 5+ years)

Engie

EOS Holding

Eranove Group

Eurofiber

Fayat

Geogas LNG

Gridworks (British International Investment)

GuarantCo

Icade Promotion

IGY MARINAS

La Banque des Territoires (Caisse des Dépôts Group)

Neoen

Republic of Mali

Romande Energie

Saur

Société Générale

TERÉGA (formerly known as TIGF)

The French Government

Voigt & Collegen

Voltalia

Work highlights

  • Advised the French government (Ministry for an Ecological Transition) on the offshore wind farms’ calls for tender to develop 6GW of offshore wind projects, including France’s largest wind farm and a floating wind farm, which will be the first-of-its-kind in Europe.
  • Advising the Fayat and Egis consortium on the financing of a public-private partnership (PPP) contract for the construction and operation of 14 toll stations on Cameroon’s main road axes.
  • Acting for bidders in the €1.2bn tenders launched by Ile de France Mobilités, for the public service contract regarding the operation of lines 15, 16 and 17 of the Grand Paris Express metro system.

France > Dispute resolution: International arbitration Tier 3

Orrick handles commercial and investment arbitration and represents French and international investors and corporations in a range of cases. It manages several large mandates dealing with expropriation issues in Croatia and Egypt, as well as a series of disputes challenging Spain and Romania’s legal renewable energy framework. The team is also involved in a very significant matter concerning a large resort construction project in the Middle East. Practice head Michael Bühler and Charles Kaplan are also regularly appointed as arbitrators in commercial and investment arbitration cases. Nicole Dolenz and of counsel Tunde Oyewole are two other key members.

Practice head(s):

Michael Bühler

Testimonials

‘Charles Kaplan’s competence and in-depth knowledge of our business are major assets.’

‘Charles Kaplan is an excellent lawyer, has a great reactivity and a very pragmatic approach to the subjects entrusted to him. We have worked with him for many years and have complete confidence in his advice.’

‘Exchanges in transparency and trust. Responsiveness. Availability.’

‘Can quickly get to grips with the most complex technical issues and present them in a convincing and comprehensible manner.’

‘Nicole Dolenz works tirelessly and with real enthusiasm into the most complex technical issues and develops a deep understanding of them.’

Key clients

Gazprom

OHADA

ENGIE

Nexans

Safran (Groupe)

Enel

Voigt & Collegen

Work highlights

  • Represented a group of Dutch investors in a $2bn ICSID arbitration against the Republic of Croatia in relation to an alleged expropriation.
  • Represented Vicat Group, a French cement company, in a €200m ICSID arbitration against the Arab Republic of Egypt over the former’s stakeholding in Sinai Cement.
  • Acted for Voigt & Collegen in a dispute with Spain regarding changes to its renewable energy tariffs.

France > EU, competition and distribution Tier 3

France > Real estate Tier 3

Patrick Tardivy and Olivier Jouffroy lead the team at Orrick where there is a financing specialism across the practice and its members. It is equipped to handle creation, construction and renovation matters alongside high-value acquisitions and development projects. A standout example of its work in this area is its involvement in financial advising of BCPE on a €1.5 billion acquisition project, the securitisation of which from each of the sellers, is intended to be used to finance or refinance energy efficient buildings. Since publication, Carine Mou Si Yan left the firm.

Practice head(s):

Patrick Tardivy; Olivier Jouffroy

Other key lawyers:

Geoffroy Berthon; Yves Lepage

Key clients

3i European Operational Projects Fund (3i EOPF)

3i Group Plc

Alcentra Limited

Alliages et Territoires

Allianz Global Investors

Almaviva Capital

Antin Infrastructure Partners

AXA Investment Managers – Real Assets

BPCE

CDC-CDC Habitat-Icade Promotion

Equinix Hyperscale 1 Holdings BV

Fayat

Fidera Limited

Island Global Yachting

LBO France

Société Générale

Work highlights

  • Advised BPCE and Natixis as joint arrangers on Groupe BPCE’s first public “green” securitisation of residential loans, which, at €1.5bn, was the largest transaction of its type by a French issuer to date.
  • Advised the winning consortium led by Fayat and Island Global Yachting on the tender process for the €635m 30-year concession contract to renovate and operate the maritime real estate at Vieux Port de Cannes.
  • Advised AXA IM Real Assets on its participation in the consortium to acquire German laboratory group Amedes – and all 90 of its laboratory sites – from Antin Infrastructure for c. €1.5bn.

France > Tax Tier 3

Orrick's tax team regularly advises major US and French companies on M&A and internal reorganisation issues. The firm has a strong presence in the IT and infrastructure sectors. It assists a number of US, French and European unicorns and startups with M&A, fundraising and restructuring deals notably through Anne-Sophie Kerfant. Also active in the field of transactional tax, Jessie Gaston advises on M&A and private equity transactions. She also has specific expertise advising insurers on insuring tax risks, recently advising on a highly strategic energy transaction. The tax team is also noted for its litigation expertise which is increasingly sought out by leading French corporations to assist with strategic tax audit and litigation through practice head Laurent Olléon.

Practice head(s):

Laurent Olléon

Other key lawyers:

Testimonials

‘Strong litigation skills.’

‘The team is very diligent and keeps the deal moving forward while making sure details are not missed.’

‘Engaged, informed, efficient, responsible advice.’

‘Jessie Gaston – eminently qualified, disciplined, client-oriented, spirited and insightful.’

‘An extremely professional and competent team, which proposes clear, efficient and innovative solutions’.

‘The tax team and in particular Anne-Sophie Kerfant excels in the fields of venture capital and fundraising, in line with the firm’s thriving corporate practice in that area.’

 ‘The team has a very strong knowledge of the local tax regulations and a very good understanding of the IT sector as well.’

‘Anne-Sophie Kerfant has the ability to understand very quickly customers’ needs and she makes her best effort to meet very tight deadlines. We work very closely with her and we strongly recommend her. She is very professional.’

Key clients

3i European Operation Projects Fund

AIG Europe

Akiem

Alan

Anaplan

Axa-REIM France

Berkshire Hathaway Specialty Insurance

BNP Paribas

BPCE Group

BT Group

Cajoo Technology SAS

Carrefour

Cisco Systems

Claranova

Danone

Dassault Systèmes

Dataiku

DIF

Engie

Equinix Hyperscale 1 Holdings BV

Groupe Vendome

Hachette Livre

JCDecaux

L’Oréal

LVMH

Maybourne Hotels Group

Natixis

Pasqual

Renault

RTE

Sellsy

SIACI Saint Honoré

SNCF

Société Générale

Sorare

Tenergie

Tokio Marine hcc

Veolia Environnement

Vivendi

Wildenstein

Work highlights

  • Advised L’Oréal on the tax aspects of its € 8.9 billion strategic transaction by Nestlé.
  • Advising Ardian Infrastructure, in connection with the acquisition of a majority stake in GreenYellow.
  • Assisting BNP Paribas with their major VAT and corporate income tax disputes.

France > Banking and finance: transactional work Tier 4

France > Capital markets: equity capital markets Tier 4

Led by experienced ECM/M&A partners Olivier Jouffroy, who has strength in matters relating to infrastructure and real estate, and Alexis Marraud des Grottes, who is a specialist in transactional and litigation advice on securities and stock exchange regulations, the team at Orrick advises venture capital firms, insurers and corporates on high-value share buybacks and IPOs. Etienne Boursican left the firm in 2022.

Practice head(s):

Olivier Jouffroy; Alexis Marraud des Grottes

Testimonials

‘An accessible and responsive team.’

Key clients

Ballard Power Systems

Bryan Garnier & Co

CNP Assurances

Context (Nobora)

E-Pango

Immersion

L’Oréal

Monk

PrimaryBid

Sequans Communications

Ventech

XAnge Private Equity

Work highlights

  • Advised L’Oréal on its EUR 8.9bn strategic transaction with Nestlé for the repurchase of 4% of its own shares held by Nestlé.
  • Advised Canadian-based Ballard Power Systems, a provider of fuel cells for medium and heavy-duty hydrogen vehicles, in connection with Forsee Power’s IPO on Euronext Paris.
  • Advised Fidera and London-based Alcentra on the restructuring of Pierre & Vacances Group, a France-based listed company engaged in providing holiday residences, and the EUR 200m investment of Alcentra and Fidera, along with other investors as well as conversion of more than EUR 550m of debt into equity.