Firm Profile > Ropes & Gray LLP > London, England

Ropes & Gray LLP
60 Ludgate Hill
LONDON
EC4M
England

High yield Tier 2

'It is one the law firms that combines loan and bond capabilities in Europe, which is really key in the current convergence of the two products', remarks a client of Ropes & Gray LLP whole another notes that 'the firm clearly differentiates itself through its team approach and connectivity with the bank they are working with - it feels like one big team working together and they always go the extra mile'. Practice head Michael Kazakevich and key partner Jane Rogers are leading lights in the market, while up-and coming partners Robert Haak ('superb') and newly promoted Aditya Khanna are highly recommended. In 2018, the firm advised on several large and complex high yield financings for corporate entities, notably in the telecoms sector, and the firm is steadily expanding its portfolio of work for underwriters.

Testimonials

“They go above and beyond and anticipate your requests before you request the information. They are very helpful and proactive!”

“Everyone loves working with Jane Rogers – she is practical, smart and always willing to go the extra mile.”

“Robert Haak has a depth of knowledge that is second to none.”

“Michael Kazakevich’s team provided with very detailed explanations and benchmarks during documentation analysis and negotiation.”

“It is a fantastic firm that know what it is doing.”

“Aditya Khanna is a fantastic lawyer; he raises key commercial and legal points with the banker, runs a very smooth process, and is able to accelerate the transaction if needed.”

Key clients

Altice (and its subsidiaries: SFR, Altice International and affiliates Altice USA)

Liberty Latin America (including, among others, Cable & Wireless and VTR)

Goldman Sachs

Hellman & Friedman

Liberty Global (and its subsidiaries and joint ventures: Virgin Media, Telenet, UPC, Unitymedia and VodafoneZiggo)

TPG

JP Morgan

Samsonite International

Bain Capital

ICG

Regulatory investigations and corporate crime Tier 2

Ropes & Gray LLP has a particular focus on the financial services, private equity, asset management, life sciences and energy and natural resources sectors. It advises clients within these sectors, and more, on matters including  allegations of corruption, money laundering, FCPA and UK Bribery act issues, as well as regulatory compliance and investigations, often coming up against the DoJ, SEC and FBI in the US and the SFO in the UK. Co-head of team Amanda Raad is US-qualified as well as being admitted as a solicitor in England and Wales and has particular expertise handling investigations with a US element. Her highly regarded fellow co-head, Judith Seddon, joined as a partner from Clifford Chance LLP and advises clients on allegations of white-collar crime, fraud, corruption and regulatory and criminal investigations and prosecutions. The firm bolstered its ranks with the addition of  Rosemarie Paul as a partner from Akin Gump LLP.

Leading individuals

Commercial property: investment Tier 3

David Seymour’s team at Ropes & Gray LLP serves a client base of private equity and debt funds, endowments, sovereign wealth funds, operating partners, overseas investors and family offices on investment matters in both the UK and Europe. It is particularly well-versed on joint ventures, co-investments, direct and indirect acquisitions and disposals, leasebacks and financing with experience in operating in a range of industries such as hotels, hospitals, retail and leisure, student accommodation, offices and logistics.

Key clients

APG Asset Management

Said Holdings

UK Span Property Limited

Bain Capital Real Estate

Arrow Capital Partners

Citi Private Bank

PIMCO

QuadReal

Cathexis Investment Management

Siguler Guff

Fraud: white-collar crime Tier 3

Ropes & Gray LLP advises on white-collar crime, fraud, corruption, and regulatory and criminal investigations nationally and internationally. Client sectors include financial services, private equity, healthcare, life sciences, and energy and natural resources. In 2018, the highly regarded Judith Seddon joined from Clifford Chance and now co-heads the team; she is experienced in representing individuals in investigations. Amanda Raad, who also co-heads the team, is experienced in handling cross-border cases, and cases of financial fraud and money laundering. Rosemarie Paul  joined as a partner from Akin Gump.

Leading individuals

Acquisition finance Tier 4

Traditionally best-known for its advice to private equity sponsors, Ropes & Gray LLP continues to strengthen its lender-side credentials with a number of recent hires, including the arrival in 2018 of Carol Van der Vorst from Goldman Sachs. Van der Vorst also enhances the team's English law credentials, providing the London group with an increasingly compelling offering which  can advise across products (including New York-governed high yield and UK-governed debt) and geographies. Global finance co-head Michael Kazakevich and London co-managing partner Mike Goetz are key members of the team.

Leading individuals

Testimonials

The team has a very good window on the latest developments and changes in the market.

The lawyers are responsive, creative and solutions-oriented.

They have a good mix of very experienced senior people and mid-level practitioners who are capable and very responsive.

 

Key clients

Altice

MV Credit

Cable & Wireless

Partners Group

Telenet

Epiris

Bridgepoint Advisers

Oaktree

Duke Street Capital

Virgin Media

Bank lending: investment grade debt and syndicated loans Tier 4

Able to structure deals implementing UK and US-governed debt products, the 'responsive, creative and solutions-oriented' three-partner team at Ropes & Gray LLP is particularly accomplished at handling big-ticket financings for multinationals in the TMT space, including Liberty Global and Altice. The team has also developed a particular expertise in advising on financings in the regulated travel sector.

Key clients

Altice

MV Credit

Cable & Wireless

Partners Group

Telenet

Epiris

Bridgepoint Advisers

Oaktree

Duke Street Capital

Virgin Media

Data protection, privacy and cybersecurity Tier 4

Ropes & Gray LLP focuses its efforts on US-related data protection mandates with expertise advising clients in the private equity, asset management, education, healthcare and life sciences sectors. The team has been particularly active in compliance and advisory work and also handles data breaches, crisis response work and regulatory investigations, regularly working with the firm’s risk, investigations and regulatory enforcement partners. The firm’s US strength also makes it well placed to advise on the California Consumer Privacy Act and international data transfers. Rohan Massey heads up the practice and advises on data protection, data security, brand protection, e-commerce and IT matters. Counsel Clare Sellars is also a key name to note.

Derivatives (including commodities) Tier 4

Ropes & Gray LLP has one partner who advises asset managers, alternative credit providers, hedge fund managers and private equity firms. Among these clients are Altice and Western Asset Management. The practice is also growing its portfolio of work for major investment banks. In 2018, Anna Lawry advised on innovative structures including credit enhancement for an emerging market NPL portfolio financing through a rolling FX hedging programme, and a bespoke scheme for interest rate hedging. The firm is also known for its advice on regulatory matters, particularly in regard to issues affecting asset managers. Lawry has more than 15 years' experience in derivatives in all the major asset classes, both OTC or on-exchange, and associated ISDA, collateral, brokerage, clearing and custody arrangements.

Testimonials

“Excellent cross-border co-ordination, with the ability to work incredibly well with asset managers that have global footprints and address derivatives regulatory issues across different fund ranges and types.”

“Anna Lawry shows an impressive ability to distil difficult legal analysis into practical everyday guidance.”

“A strong team that is very knowledgable and commercially-oriented.”

“Anna Lawry stands out with vast knowledge and great attention to detail.”

Key clients

Nordnet

Western Asset Management

SIFMA Asset Management Group

Altice USA

Private equity: transactions – high-value deals (£250m+) Tier 4

In addition to a steady stream of buyout work on both the buy and sell side, the private equity practice group at Ropes & Gray LLP in London  also handles co-investment and minority investment transactions. The firm was instructed for the first time by new client Duke Street on its £100m acquisition of railway holiday company Great Rail Journeys from ECI, with practice head Philip Sanderson and John Newton taking the lead. Helen Croke, who focuses on representing PE houses across the full spectrum of mid-cap and high-value deals, is highly recommended. In a particularly high-profile mandate, Croke led the team advising Intermediate Capital Group on its £1.3bn joint partnership investment into IRIS. This was the largest ever UK PE software buyout. London co-managing partner Will Rosen is another name to note.

Key clients

Intermediate Capital Group

Nordic Capital

Ensono

Ocean Outdoor

Epiris

Duke Street

Welsh, Carson, Anderson & Stowe

Altamont Capital Partners

Kohlberg & Co LLC

Bain Capital

TPG Capital

Ares Management

Genstar Capital

Cathelco Limited

Reed & Mackay

Baring Private Equity Asia

BigHand Limited

Avenue Capital Group

Thomas International

GHO Capital

Structured products and securitisation Tier 4

The London-based real estate finance and securitisation team at Ropes & Gray LLP has carved out a place in the market since it was formed four years ago, winning a steady stream of high-end work from key clients such as Blackstone Mortgage Trust. The practice handles the full range of structured finance and securitisation financing techniques including repos, CRE CLOs, private NPL securitisations, loan-on-loan facilities and other asset-backed structures. The London group also works closely with the firm's large team in the US, enabling it to handle transatlantic structured finance transactions. The firm is also known for advising US collateral managers and fund managers on EU risk retention rules. Partner Anna Lawry and counsel Richard Hanson are the key practitioners. Partha Pal joined Greenberg Traurig, LLP.

Key clients

Blackstone Mortgage Trust

Corporate tax Tier 5

Corporate and private equity tax expert Brenda Coleman leads the group at Ropes & Gray LLP, which excels in transactional tax for clients with operations in the UK and across the EU. Private equity, fund formation, real estate, banking and finance remain core competencies for the department.

Leading individuals

Property finance Tier 5

Ropes & Gray LLP is known for the strength of its investor client base, acting for several global market leaders. The team advises on complex, high-value property finance transactions, including investment and development finance and NPL acquisitions financed by private securitisations. The team, which is now led by David Seymour, has gone through a number of changes in recent months, with the retirement of former practice head Iain Morpeth and the departures of Partha Pal and Carol Hopper for Greenberg Traurig, LLP and counsel Rick Hanson for Orrick, Herrington & Sutcliffe (Europe) LLP.

Testimonials

A key strength of Ropes & Gray’s real estate finance team is its ability to advise on the full range of real estate financing techniques, including a highly sophisticated real estate structured finance and securitisation capability, as well as a strong borrower-side real estate finance practice to complement the high-quality private equity real estate offering.’

Key clients

Blackstone Mortgage Trust

Said Holdings

Cathexis Investment Management

UK Span Property

EU and competition Tier 7

The London-based competition department at Ropes & Gray LLP assists clients with a wide range of competition law issues at multiple levels: the European Commission; the Competition and Markets Authority; UK authorities responsible for the regulated industries; as well as the UK High Court. Team members' sector-specific expertise include healthcare, technology, financial services, and private equity. The group advised Medtronic on the CMA review of its preferred partnership with Animas Corporation, among other matters. Practice head Ruchit Patel is recommended and stands out for his experience handling cross-border matters.

Key clients

Medtronic

Corporate restructuring & insolvency Tier 8

Weakened by the recent loss of certain partners, Ropes & Gray LLP's restructuring team is now led by counsel Daniel Andrews, following his relocation to London from the firm's Hong Kong office in September 2018. Despite an absence of partner-level restructuring practitioners, Andrews has assistance from associates, as well as practitioners from the wider banking and corporate/M&A teams which are able to service the firm's funds clients.

Key clients

KKR Credit

Bain Capital Credit

Ropes & Gray is a preeminent global law firm with approximately 1,300 lawyers and legal professionals serving clients in major centers of business, finance, technology and government. The firm has offices in New York, Boston, Washington, D.C., Chicago, San Francisco, Silicon Valley, London, Hong Kong, Shanghai, Tokyo and Seoul, and has consistently been recognized for its leading practices in many areas, including private equity, M&A, finance, investment management, hedge funds, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation & enforcement, privacy & cybersecurity, and business restructuring.

The firm’s London office – an integral part of Ropes & Gray’s global offering – has been developed to meet the needs of the firm’s sophisticated fund and investor client base, alongside corporate clients across a range of industries including life sciences, healthcare, financial services, asset management and TMT. The office features an international team of lawyers – from 27 countries and speaking more than 40 languages – that provides clients with a full service of transatlantic law capabilities coupled with an in-depth understanding of the market in the UK, Europe and Asia.  The team additionally has strong and long-standing relationships with leading local firms across the EMEA region.

Private Equity

Ropes & Gray has one of the leading private equity practices in the world. The global team provides its large and mid-cap sponsor clients with unsurpassed support through all stages of the transaction life cycle. The 200-strong practice is seamlessly integrated with the firm’s finance, tax, funds and government enforcement teams – making Ropes & Gray one of only a few premier one-stop private equity law firms in the world.

Finance and High-Yield

Ropes & Gray’s finance practice is recognised for its innovative approach to complex financings. Ropes & Gray is one of the few firms with the capability to complete high yield bonds and term loans under both English and New York law from our London office. Coupled with international capabilities the team is able to advise on all forms of leveraged finance transactions across the capital structure and jurisdictions.

Special Situations

Ropes & Gray advises sophisticated investors across a broad range of distressed special situations transactions and innovative credit opportunities, applying their expertise to help unlock value.  Clients include special situation groups at top-tier financial institutions, the private debt arms of large-cap private equity funds and global credit opportunities and hedge funds.

Private Equity Real Estate

Our market leading Private Equity Real Estate team is an investor-led platform advising on significant domestic and international real estate transactions. We have a deep understanding of real estate as an asset class encompassing transactions from traditional asset deals to complex corporate and finance arrangements and tax efficient structures. We have been involved in many of the largest and innovative transactions advising real estate funds, hedge funds, pension funds, sovereign wealth funds, family offices and sponsors.  We work across the risk spectrum, advising core, value added and opportunity clients on a range of transactions with a variety of lot sizes. We regularly advise our investor clients on structuring and executing joint ventures, direct and indirect sales and purchases, minority and majority equity investments and co-investments, real estate M&A, distressed transactions and restructurings, sales and leasebacks, development projects and financings.

Funds

A pioneer at the inception of the private investment funds industry, Ropes & Gray today has one of the largest and most sophisticated practices in the world, advising on the full range of private fund strategies. The size, scope and integration of the firm’s sponsor and investor practices provide the team with unequalled insight into market terms and developments globally.

Financial Crime, Global Investigations and Risk

Ropes & Gray has a leading global financial crime team which advises corporate and individual clients on the full range of cross-border and international risk issues, including anti-bribery and corruption, money laundering, sanctions, export controls and other financial risks. The team focuses on both reactive investigations and resolutions with authorities, as well as working with clients across industries and geographies to identify and mitigate risks and ensure compliance.

Competition/Antitrust

Ropes & Gray’s antitrust team in London advises sophisticated clients on a wide range of issues, ranging from merger control matters to complex multi-jurisdictional cartel or abuse of dominance investigations and follow-on damages actions.

Intellectual Property

Combining a sophisticated understanding of the latest legal developments with cutting edge technical expertise, Ropes & Gray offers cohesive and comprehensive guidance on the ownership enforcement and commercialisation of intellectual property assets.

Privacy & Cyber Security

Ropes & Gray helps its multinational clients navigate the complex legal landscape surrounding compliance, litigation and regulatory investigations stemming from global data protection and privacy legislation, security breaches and alleged data privacy violations.

Tax

The London tax practice works closely with colleagues across the firm to provide strategic tax advice to sophisticated clients. The focus of the practice is on private equity, fund formation, finance, real estate, special situations and tax disputes. In an environment where tax rules — both in the UK and globally — are changing at a fast pace, the team’s extensive experience, involvement in industry groups and focus on clients’ objectives allows it to maximise opportunities and reduce risk for its clients.

Contacts

Private Equity: Philip Sanderson

Finance & High Yield: Michael Kazakevich

Private Equity Real Estate: David Seymour

Funds: Matthew Judd

Financial Crime, Global Investigations & Risk: Amanda Raad, Judith Seddon

Competition/Antitrust: Ruchit Patel

Intellectual Property & Privacy & Cyber Security: Rohan Massey

Tax: Brenda Coleman

Department Name Email Telephone
Co-managing partner Mike Goetz
Co-managing partner Will Rosen
Private Equity Philip Sanderson
Finance and High-Yield Michael Kazakevich
Private Equity Real Estate David Seymour
Funds Matt Judd
Financial Crime, Global Investigations & Risk Amanda Raad
Financial Crime, Global Investigations & Risk Judith Seddon
Competition/antitrust Ruchit Patel
Intellectual Property and Privacy and Data Security Rohan Massey
Tax Brenda Coleman
Photo Name Position Profile
 Rosemarie Paul photo Rosemarie Paul
 Amanda Raad photo Amanda Raad
 Judith Seddon photo Judith Seddon
Number of UK partners : 22
Number of other UK fee-earners : 110