Firm Profile > Paul Hastings LLP > London , England

Paul Hastings LLP
100 Bishopsgate
LONDON
EC2N 4AG
England

Commercial property: hotels and leisure Tier 2

Paul Hastings LLP’s ‘extremely knowledgeable’ London team is led by Michael James, a ‘go-to adviser for all property-related matters’ with expertise in structured acquisitions and disposals, joint ventures, finance matters and fund investments. He also possesses specialist knowledge of the hotels sector with his team recently acting on high-value portfolio acquisitions and disposals, international management agreements and development projects. The team is also recommended for investment-related acquisitions and disposals, including those with a cross-border element.

Leading individuals

Testimonials

‘The Paul Hastings team consistently delivers’.

‘Michael James is a go-to adviser on all property related matters.’

‘Stephen Nicolas is a rising star.’

‘Michael James is an exceptional partner who goes above and beyond on every deal. His commercial judgement is excellent and his commitment and hard work are second to none.’

‘They pick up on points that other lawyers miss’.

Key clients

Starwood Capital

LRC

Benson Elliot

Walton Street

Goldman Sachs

TPG

Commercial property: investment Tier 2

Paul Hastings LLP’s ‘extremely knowledgeable’ London team is led by Michael James, a ‘go-to adviser for all property-related matters’ with expertise in structured acquisitions and disposals, joint ventures, finance matters and fund investments. He also possesses specialist knowledge of the hotels sector with his team recently acting on high-value portfolio acquisitions and disposals, international management agreements and development projects. The team is also recommended for investment-related acquisitions and disposals, including those with a cross-border element.

Leading individuals

Testimonials

‘The Paul Hastings team consistently delivers’.

‘Michael James is a go-to adviser on all property related matters.’

‘Stephen Nicolas is a rising star.’

‘Michael James is an exceptional partner who goes above and beyond on every deal. His commercial judgement is excellent and his commitment and hard work are second to none.’

‘They pick up on points that other lawyers miss’.

Key clients

Starwood Capital

Starwood Capital/M7 Real Estate

LRC

GAC Group

Goldman Sachs

High yield Tier 2

'The team has a firm grasp of finance and the markets which makes overlaying the legal structuring on deals a much less painful process, and it is also very straight forward to interact with', says a client of Paul Hastings LLP. Another notes that the firm is 'technically very strong but, more importantly, very commercial'. The practice led by Peter Schwartz handles complex cross-border deals for major investment banks and issuers, as well as private credit funds, throughout the EMEA region. An example of the large mandates it handled in 2018 was the work it did on exchange offers and consent solicitations by Altice subsidiaries related to more than $5.5bn of notes in connection with the combination by Altice of its Suddenlink and Optimum businesses under a single credit silo, in which it acted for Goldman Sachs and Credit Suisse.

Leading individuals

Next Generation Partners

Testimonials

“The Paul Hastings high yield team is creative and highly engaged. It is a ‘go-to’ team for high yield transactions that involve unusual jurisdiction or are otherwise challenging.”

“The team demonstrates a strong ability to craft solutions that keep difficult transactions on track.”

“Peter Schwartz is a strong advocate who stays on top of every transaction detail. He is always available and can call on his extensive experience to find solutions to almost any issue.”

Edward Holmes is creative and calm under pressure. He provides solid, common sense advice and practical solutions, and has an excellent understanding of both EMEA and US high yield practices.

Carlos Ruiz is attentive and knowledgeable, and does a great job keeping clients informed and in-the-loop.

The Paul Hastings team is experienced in the Capital Markets business. Due to their different jurisdictions, they are very flexible in international transactions. Their team in different jurisdictions work closely together, which makes them able to provide great advice. They are closely involved and interested in transactions from the beginning to the end. They actively think and act in the needs of their clients.

We have been doing a lot of business with Edward Holmes (London office) and Etienne Mathey (Paris office). They were very helpful and experienced. They did a great job with assisting us in several transactions and are very capable in thinking out of the box. In addition, they were very involved in our transactions and tried to assist in all kinds of ways, including providing us with information they obtained from the markets. They are highly appreciated advisors.

Great team with extensive experience, involvement very easy to approach, pragmatic, always ready to rock!

Edward Holmes – flexible, proactive and responsive. Communicates very well and is very much on top of things.

Ed Holmes, a recent partner in the practise, is a very practical and commercial individual whose work is high quality. He finds workable and pragmatic solutions to issues as they arise and is willing to give his opinion on likelihood to occurrence etc. rather than stating black and white legal facts. He makes himself very available to clients and is straightforward to deal with.

Peter Schwartz. Good bond expertise. Negotiating strength

Key clients

Starwood West

Goldman Sachs

Bank of America Merrill Lynch

New Look Retailers Limited

Credit Suisse

Barclays

Royal Bank of Canada

Boparan Holdings Limited

JP Morgan

Morgan Stanley

TD Securities

BNP Paribas

Eircom

Reliance Communications Limited

Gulf Keystone

Global Cloud Exchange

Standard Chartered Bank

Standard Bank

Brait SE

Toronto Dominion

Structured products and securitisation Tier 2

Clients praise the 'depth of experience and commerciality' at Paul Hastings LLP. The firm has a long-standing reputation as a leader in the CMBS market, but in recent years it has broadened its focus considerably to include RMBS and CLO transactions, as well as credit fund and risk retention mandates. Its capital markets practice acts for private and public corporations, investors, funds, and investment banks in structured finance, securitisation and derivatives matters. Its recent flagship transactions include advising Kensington Mortgage Company on the purchase of a large pool of residential mortgage loan assets from legacy Lehman transactions involving the voluntary redemption of eight RMBS deals. In the CLO market, the firm has quickly become a prominent player globally, with the London team central to that progression. The firm also operates a dedicated Italian structured finance team from London. Conor Downey and Michael Smith are standout securitisation partners. Cameron Saylor specialises in structured finance, securitisation and credit funds, with a focus on CLOs. Diala Minott's practice encompasses CDOs and CLOs, including bespoke hybrid mid-market CLO-type funds.

Data protection, privacy and cybersecurity Tier 3

Paul Hastings LLP’s EMEA privacy and cybersecurity practice is led by Sarah Pearce following her recruitment from Cooley (UK) LLP in 2018; Pearce’s expertise encompasses privacy impact assessments, risk management, international data transfers and privacy notices. The practice is particularly active in the financial services sector; American Express is a key client and Pearce recently advised it on the data protection issues related to certain additional payment services it is looking to offer. The group also regularly handles international compliance issues with a notable focus on GDPR mandates, and works alongside the firm’s global litigation team to manage international investigations and disputes.

Testimonials

Led by Sarah Pearce, the team is thoroughly knowledgeable, practical and easy to deal with. Clients are in the hands of experts.

The privacy and cybersecurity practice of Paul Hastings has proven itself to be driven and efficient. It has a genuine understanding of the client’s core business along with a sense of commercial awareness.

Sarah Pearce is the stand-out partner – she is a true professional and excellent in all respects. Clients cannot praise her highly enough.

Sarah Pearce offers outstanding judgment and reasoning along with excellent project management abilities. She is not intimated by the challenges or complex tasks at hand. Her leadership is evidenced with the work product of every member of her team at Paul Hastings, who are also positive and friendly.

Key clients

American Express

Private equity: transactions – mid-tier – up to £250m Tier 3

Paul Hastings LLP is rapidly building up a strong private equity offering in London, driven by the recent eye-catching hires of highly rated DLA Piper partner Anu Balasubramanian - who is now vice chair of the firm's global private equity practice - former Hogan Lovells International LLP  London private equity head Ed Harris and ex-Linklaters LLP corporate heavyweight Roger Barron. The team focuses on advising clients in sectors including real estate, utilities, energy, fintech and payments, software, industrial engineering, biotech, life sciences and telecoms. Other key partners in the team include Garrett Hayes.

Leading individuals

Key clients

Abry Partners

Link Mobility Group AS

Oakley Capital

North Technology Group

Vector Capital

Saba Software

SICP Investments

Goldman Sachs

Citigroup

Barclays

Bank of America Merrill Lynch

Nomura

HSBC

Credit Suisse

Rabobank

ING

Deutsche Bank

Property finance Tier 3

Paul Hastings LLP's practice specialises in debt origination, complex structured joint ventures and funds, and CMBS. It also regularly handles cross-border transactions and sharia-compliant financings. The team counts lenders, borrowers and sponsors among its clients, including many major funds and financial institutions. Justin Jowitt leads the team; his areas of expertise include senior and mezzanine investment and development facilities, and loan sales and distribution. Jennie Dorsaint, who has extensive experience in cross-border financing and restructuring transactions, and Miles Flynn are also recommended.

Leading individuals

Testimonials

Paul Hastings has a small, knowledgeable team which offers tons of access to partners. They are dedicated to finishing things on time and coming up with creative solutions.

Miles Flynn is everything you could want in a partner: intelligent, hardworking, tenacious when he needs to be, and incredibly commercial, both on deals and as a client relationship person.

Paul Hastings has a good team, which is commercially focused and has a good working relationship with the other legal teams that act on the banking side.

Jennie Dorsaint is very willing and happy to co-ordinate the other teams (such as property and tax) on more complex financings and restructurings.  She is measured and focused on getting the result.

The team at Paul Hastings is always well resourced, knowledgeable, practical and solutions oriented. It’s a pleasure to work with them.

Justin Jowitt is possibly my favourite legal adviser. He’s commercial, practical and also a good laugh. He gets the work done efficiently and is highly accessible.

The team provides a very good service. It is always on top of things and available. It’s a small team but it punches above its weight.

Justin Jowitt is very accessible as a partner; he is very hands-on, provides very commercial advice and sees the bigger picture.

The team provides detailed and succinct commercial advice.

The practice is our go-to choice for complex financing advice.

Key clients

Starwood European Finance Partners Limited

Bank of America Merrill Lynch International Designated Activity Company

Investec Bank Plc

Aareal Bank AG

JP Morgan

Morgan Stanley

AIG

Deutsche Bank

Evans Randal

Och-Ziff

Link Mortgage Servicing (formerly Capita Mortgage Servicing)

Situs

Freehold Corporation

DRC Capital

Oaktree Capital

Fairfield Real Estate Finance

Real estate funds Tier 3

Paul Hastings LLP's broad investment funds practice advises across a wide range of funds including credit funds, real estate funds and private equity funds, as well as handling fund financing matters. The team, which includes partners Duncan Woollard, who joined from King & Wood Mallesons in 2015, and former Ashurst partner Diala Minott, advises both funds and investors through the full life-cycle of a fund. It works with many well known fund managers and has advised on a number of particularly high-profile matters.

Corporate restructuring & insolvency Tier 4

Paul Hastings LLP's restructuring team continues the upward trajectory it has been on since the arrival of the 'vastly experienced and creativeDavid Ereira from Linklaters LLP at the beginning of 2016. The arrival of the 'very well-respectedDavid Manson at the end of 2017 from White & Case LLP is the latest notable partner level addition to the team and underscores the firm's expanding capabilities in the area, which have substantially diversified from its roots in relation to niche real estate-related structured finance mandates. The scope of the work now includes mandates from debtors and creditors throughout the capital structure, and includes domestic and cross-border formal insolvency mandates, as well as matters involving a more transactional approach. Praised for his 'excellent strategic vision', Ereira recently gained significant market acknowledgement for his high-profile work on behalf of leading clothing retailer, New Look, on the CVA of all of its occupational leases.

Leading individuals

Testimonials

‘The team provides a commercial and solutions-oriented approach.’

‘David Ereira is a very experienced and seasoned lawyer.’

‘David Ereira is very calm and is always able to evaluate the situation with a tactical perspective.’

‘David Manson provides critical thinking and technical expertise.’

 

Key clients

New Look

Government of Jamaica

General Healthcare Group

Reliance Communications

Norske Skogindustrier, ad hoc group of bondholders

Sequa Petroleum

Abraaj

Bullitt Group

CMC di Ravenna

EA Partners

Regulatory investigations and corporate crime Tier 4

Paul Hastings LLP advises corporates and individuals on multi-jurisdictional investigations, litigation, compliance and enforcement matters. Areas of expertise include Foreign Corrupt Practices Act matters, anti-corruption, global trade controls, privacy and data security issues as well as securities enforcement, and white-collar matters. The firm's client base includes companies in the gambling, transport, automotive, IT and financial services sectors. Simon Airey , who joined from DLA Piper in 2017, heads the team and has experience advising clients on regulatory, criminal and civil litigation, as well as global investigations into financial and regulatory crime.

Testimonials

‘Simon Airey is outstanding’.     

‘Simon Airey is brilliant; disarming, strategically astute and dogged in defence of his clients’.

‘Paul Hastings is one of the few firms that really do specialise in the largest corporate fraud and crime cases’.

‘They stand out in that they are able to offer seamless advice in both civil and criminal aspects of cases’.              

‘Joshua Domb has an inexhaustible supply of energy and an understanding of the case strategy far in excess of most at his level’.

Acquisition finance Tier 5

Under the guidance of the 'highly skilledLuke McDougallPaul Hastings LLP's four-partner team is gaining increased traction and recognition among many prominent investment banks, which are appreciative of its 'versatility and high quality advice across all relevant English and New York law products in the European leveraged finance market'. Able to 'operate across the large and mid-cap space, and between investment bank and private credit clients', the team provides a cohesive service to lenders which is conversant across the capital structure, and traversing both bank and bond financings.

Leading individuals

Testimonials

Highly dedicated and flexible lawyers with particular strength in structuring cross-border financing transactions.

The team is very commercially aware and able to provide valuable advice and respond quickly to changing situations.

Luke McDougall is absolutely superb.

Key clients

Goldman Sachs

Bank of America Merrill Lynch

Morgan Stanley

HSBC

Barclays

RBC

Credit Suisse

Citibank

Boparan Group

Blackrock

TPG Specialty Lending

Abry Partners

NJJ

Oakley Capital

Barings

Albacore

MV Credit

Corporate tax Tier 5

Arun Birla leads Paul Hastings LLP's London corporate tax offering, which is instructed on major deals, often with international aspects. The group also excels in standalone advisory work for clients such as financial institutions ad private funds - as well as advising on  matters involving collateralized loan obligations and the real estate sector.

Rising stars

Testimonials

They feel like an extension of their client’s team, and always make the effort to make them feel like they are a priority

What makes them special is their deep understanding of the commercial issues and empathy with the client

Jiten Tank is user friendly, understands the commercial impact and provides helpful advice

Key clients

Societe Generale

Activum

Starwood Capital

Intermediate Capital Group

Apollo Asset Management

Abry Partners II, LLC

Mayfair Capital

 

M&A: upper mid-market and premium deals, £500m+ Tier 5

Paul Hastings LLP has significantly ramped up its City M&A and private equity team over recent months. High profile additions include the hires of private equity specialist Anu Balasubramanian from DLA Piper, experienced energy and infrastructure partner Steven Bryan from Hogan Lovells International LLP and the 'excellent' M&A heavyweight Roger Barron from Linklaters LLP. More recently it added PE partner Ed Harris from Hogan Lovells, as well as Leanne Moezi who has joined as a partner. The team covers a broad range of sectors, with a leaning towards private M&A, with sector specialisms including real estate, technology, life sciences and telecoms. In addition to working with colleagues in the US the London M&A team works closely with the firm's private equity practice advising funds on M&A transactions and divestments.

Private funds Tier 5

With 'a straightforward and responsive manner' and 'high levels of integrity', Paul Hastings LLP's private funds offering is jointly led by Diana Minott, Christian Parker, Katherine Rainwood and Duncan Woollard. Private fund instructions fall within the scope of the firm's private equity practice group. Besides working across private equity, real estate, infrastructure and credit funds, the team further boasts a niche expertise in fund financing matters. In particular, the group is highly experienced in structuring leveraged financing for direct lending funds. One complex highlight saw Minott and Rainwood advise on the establishment of Pemberton European Mid-Market Debt Fund II, which involved parallel vehicles and multiple tax feeder structures. Practitioners are 'friendly and knowledgeable'.

Leading individuals

Next Generation Partners

Testimonials

The Paul Hastings team is proactive, understands our business and is always ready to find solutions. This results in a partnership in which both the client and the law firm benefit‘.

Duncan Woollard is outstanding for innovative thinking’

The team provides timely and high-quality advice, is very approachable and willing to help with whatever is needed to ensure a deal reaches a successful conclusion‘.

Duncan Woollard is experienced, easy to deal with and gives clear and useful answers to tricky questions‘.

Christian Parker is knowledgeable and solution focused

Key clients

CVC Credit Partners

Rothschild & Co

JP Morgan Asset Management

Wells Fargo Asset Management

Oak Hill Advisors

PGIM

Alcentra

Financial services: non-contentious/regulatory Tier 6

The 'quite brilliantPaul Hastings LLP covers a range of work in the financial services sector from funds and securitisation to payments, fintech and cryptocurrency. In addition, the firm has notable expertise in financial crime work and money laundering cases. Contentious and non-contentious practice head Arun Srivastava is 'incredibly intelligent and extraordinarily commercial.' He arrived from Baker McKenzie in 2018 and focuses on assisting regulated firms comply with evolving regulation, particularly in relation to innovation in the fintech space.

Testimonials

‘Extremely commercial in their approach, and always deliver good advice on time and on budget’

‘Arun Srivastava is one of a kind and has one of the best financial services regulatory minds I have ever seen’

‘Arun Srivastava is a market leader in the FS regulatory space. He has excellent knowledge of investment services, payment services and other financial services regulatory issues, and is extremely adapt at client management’

Commercial litigation Tier 8

Paul Hastings LLP's Simon Airey specialises in global investigations, financial and regulatory crime, bribery and corruption, money laundering, tax and fraud inquiries, and data breaches.  Fellow investigations partner Morgan Miller splits his time between Washington DC and London.

Our lawyers provide the legal solutions and business insights necessary to help our clients navigate new paths to growth. We have advised on numerous complex domestic and cross-border deals and financings, as well as helping clients manage compliance risks and resolve sensitive disputes.

Over the past five years our London team has more than doubled in size, and we continue to significantly strengthen our global practices to better serve our clients’ evolving needs.

Our City office continues to positively contribute to the firm’s financial trajectory. We continue to build our reputation in London and strengthen our existing global practices with a series of strategic and prominent London hires, who have already delivered outstanding successes for our clients.

Critical to our success has been the strong fabric of our culture. We attract, retain and promote extraordinary talent; preeminent partners in their fields who are energetic, dynamic, and who share our commitment to our clients. We strive to excel in specialist areas and have concentrated our growth in London in practice specialisms that are accretive to our overall global strategy; these key practice areas include finance/structured credit, corporate M&A/real estate, restructuring, private/credit funds and private equity. Our dynamic and entrepreneurial work environment encourages our focus on building close client relationships and developing our talent in a diverse and inclusive way so we are seen as trusted advisors.

The London office plans to build on the blocks of success set down in recent years, continue growth in size, revenue, and per partner profits, and expand our reach in our core business areas with the strategic hire of exceptional partner talent. Our confidence in our London offering is reflected in the firm’s much-discussed move to the top floors on the elite new 100 Bishopsgate development in 2019, sharing the building with Jeffries, Royal Bank of Canada, and Freshfields.

Department Name Email Telephone
London Office Chair Arun Birla arunbirla@paulhastings.com +44 (0) 20 3023 5176
Managing Partner Ronan O'Sullivan ronanosullivan@paulhastings.com +44 (0) 20 3023 5127
Photo Name Position Profile
 Simon Airey  photo Simon Airey
 Anu Balasubramanian  photo Anu Balasubramanian
 Roger Barron  photo Roger Barron
 Arun Birla  photo Arun Birla
 Steven Bryan  photo Steven Bryan
 Jennie Dorsaint  photo Jennie Dorsaint
 Conor Downey  photo Conor Downey
 David Ereira  photo David Ereira
 Miles Flynn  photo Miles Flynn
 Ed Harris  photo Ed Harris
 Garrett Hayes  photo Garrett Hayes
 Edward Holmes  photo Edward Holmes
 Suzanne Horne  photo Suzanne Horne
 Michael James  photo Michael James
 Justin Jowitt  photo Justin Jowitt
 Richard Kitchen  photo Richard Kitchen
 David Manson  photo David Manson
 Luke McDougall  photo Luke McDougall
 Diala Minott  photo Diala Minott
 Leanne Moezi  photo Leanne Moezi
 Ronan O’Sullivan  photo Ronan O’Sullivan
 Christian Parker  photo Christian Parker
 Sarah Pearce  photo Sarah Pearce
 Matthew Poxon  photo Matthew Poxon
 Charles Roberts  photo Charles Roberts
 Cameron Saylor  photo Cameron Saylor
 Peter Schwartz  photo Peter Schwartz
 Paul Severs  photo Paul Severs
 Michael Smith  photo Michael Smith
 Arun Srivastava  photo Arun Srivastava
 Duncan Woollard  photo Duncan Woollard