Firm Profile > Weil, Gotshal & Manges (London) LLP > London, England

Weil, Gotshal & Manges (London) LLP
110 FETTER LANE
LONDON
EC4A 1AY
England

Acquisition finance Tier 1

Weil, Gotshal & Manges (London) LLP has expertise across the capital structure and across financial products (including Term Loan B, New York-law governed high yield and unitranche) for an eclectic mix of banks, alternative capital providers and private equity sponsors. The team is at the vanguard of developments in financing terms and documentation, and is appreciated by its sponsor clients for its 'strength in pushing for new technology in the documentation'. Tom Richards is cultivating a strong reputation in the leveraged finance space for major sponsor clients, including Advent International, which he recently advised on the $1bn first and second lien facilities to finance its $1.65bn take-private acquisition of Laird Plc. Notably, this mandate was Advent's first take-private and the first ever all US-dollar denominated financing documented under English law and sold into the US. The 'first-rateChris McLaughlin handles a significant volume of work for private equity sponsors and direct lenders, and is a key member of the team that also includes bank-side lawyer Reena Gogna. Former team head Mark Donald departed at the end of 2018.

Key clients

Advent International

Bain Capital

Montagu Private Equity

Oaktree Capital Management

TowerBrook Capital Partners

J.P. Morgan

HSBC

Morgan Stanley

Credit Suisse

Ares Capital Europe

Nordic Capital

OMERS Private Equity

Goldman Sachs

Ontario Teachers’ Pension Plan

PSP

Avista

Nomura

Permira

Novalpina

CVC

Pimco

KKR Credit

Hayfin

HPS

Insurance: insolvency and restructuring Tier 1

Weil, Gotshal & Manges (London) LLP's insurance insolvency and restructuring team benefits from its position as part of the US firm's global insolvency and restructuring practice, and has been involved in a number of the most-profile insurance restructurings in recent years. The practice also works in tandem with the firm's private funds group, positioning it to win more work relating to the restructuring of insurance companies and assets. Practice head Alexander Wood works alongside Mark Lawford, restructuring heavyweight Andrew Wilkinson and recently promoted partner Gemma Sage.

Testimonials

‘A really top-end restructuring team.’

‘Alex Wood is an excellent lawyer and communicator with bundles of experience across a range of sectors.’

Key clients

BAICO (Barbados)

The T&N Asbestos Trustee Company Limited

Private equity: transactions – high-value deals (£250m+) Tier 1

Weil, Gotshal & Manges (London) LLP's PE department is reputed for its 'speed of service, high levels of partner accessibility and excellent quality of work'. The firm boasts a constantly growing client roster with new names such as AMP Capital and Bain Capital instructing the group for the first time. A particularly strong record of work in real estate and infrastructure related PE is notable, with James McArthur and others advising NIBC Infrastructure Partners on the multi-million dollar sale of its social infrastructure and renewable assets to Equitix. On the buy side, star performer Marco Compagnoni led in assisting long-standing client Providence Equity on a number of recent transactions, including the acquisition of online educational services provider TES Global Group. The aggregate value of the deals completed for this client exceeds $1.5bn. Jonathon Wood is noted for his expertise in PE transactions involving technology companies. Compagnoni and Michael Francies  are joint heads of team; Samantha McGonigle departed to co-found Fairview Equity Partners in February 2019.

Testimonials

The team applies a practical and highly commercial approach, demonstrating a strong understanding of the client’s key objectives and desired outcomes, enabling us to execute our exit strategy and achieve an excellent result‘.

The uniqueness of this team lies in the fact that it combines top-class legal skills with amazing client focus. The team ethos is laser-focused on satisfying client needs, which places it head and shoulders above other firms‘.

An exceptional level of engagement is evident from all levels of the team’

Marco Compagnoni remains a pre-eminent lawyer in his field: he has boundless energy, an irrepressible spirit, great technical skills, amazing client-handling abilities and always ensures that the best talent is deployed. He is able to make the impossible happen and is also a fun person to work with‘.

James Harvey is a wonderfully commercial lawyer whose antennae are entirely attuned to the business imperative. Simon Lyell is a charming and cerebral lawyer with an unmatched dedication to his clients‘.

Key clients

AMP Capital

Bain Capital

Generation Investment Management

Europa Capital Partners

Lee Equity Partners

NIBC Infrastructure Fund

Vinci

Advent International

Antin Infrastructure Partners

Ardian

Blackstone

CCMP

Centerbridge

CVC

Disruptive Capital

General Atlantic

J.C. Flowers

Limerston Capital

Magenta Partners

Montagu Private Equity

Oaktree Capital

OMERS Private Equity

OMERS Infrastructure

PAI Partners

Providence Equity Partners

Public Sector Pension Investment Board

Ontario Teachers’ Pension

NoTechnology Crossover Ventures

Thomas H Lee

TowerBrook

Corporate restructuring & insolvency Tier 2

Benefiting from 'excellent market knowledge', Weil, Gotshal & Manges (London) LLP's five-partner team provides 'superb technical knowledge and pragmatic realism' to a balanced mix of debtor and creditor-side clients. Able to harness the expertise of US-based practitioners should the need arise, the firm has the flexibility to execute matters using both UK and US insolvency procedures. This combined effort was recently realised by the team's work (alongside the New York group) as global restructuring counsel to Westinghouse Electric Company in its Chapter 11 and associated proceedings. The 'tactically astuteAndrew Wilkinson has an excellent reputation on both the creditor and debtor front, including in relation to distressed investing matters for funds clients. 'There is nothing he cannot handle on the restructuring front' – Adam Plainer 's work includes contentious and non-contentious insolvency matters for creditors and debtors. 'Able to frame extremely complicated concepts and choices in a clear way', Mark Lawford handles high quality and complex work for a diverse mix of clients, including private equity and hedge funds, banks and insolvency practitioners. Counsel Linton Bloomberg is 'an emerging star who has worked on a string of excellent high-profile cases and will lead the way in years to come'.

Testimonials

‘The restructuring team in UK is characterised by its extraordinary attention to detail and its extremely broad understanding of the relevant legal and factual questions underlying every dispute.’

‘The team gets involved in the most arcane and complex matters, often with multiple adversaries, managing thoughtful and well-coordinated interactions with that multitude.’

‘Adam Plainer has an instinctive knowledge of what the right answer is, considering which of the details are likely to matter and which are likely to be irrelevant.’

‘Adam Plainer is extremely able, commercial and committed.’

‘Andrew Wilkinson provides very commercial and practical advice.’

‘Mark Lawford has a very lucid writing style, such that his emails and memos build arguments in an easily-understood way,  starting from simple first-premises and layering on the complex considerations.’

‘Alexander Wood is very technical, but also sensible, creative and solutions-oriented.’

‘Gemma Sage displays an excellent attention to detail and provides very practical advice.’

Key clients

Westinghouse Electric UK Holdings

Paragon Offshore

MF Global

BlackRock

Goldman Sachs

Lehman Brothers Holding

Pillarstone

Claire’s Stores, Inc and affiliates

KKR

Waypoint Leasing

High yield Tier 2

Weil, Gotshal & Manges (London) LLP has a reputation for innovation, as well as a high profile in the European high yield market. It pioneered, and remains active in, the private high yield tap product, which increases speed to market for issuances of additional bonds under existing indentures. The firm acts for sponsors, issuers, underwriters and investors, and its practice works closely with the banking and US capital markets groups to ensure that it has expertise in both the bank and bond aspects of leveraged financings. It is also one of few firms to have a specialised European high yield restructuring practice. Leading light Patrick Bright helped the firm to build on its work for underwrites in 2018, with high-profile matters for clients such as Goldman Sachs. Up-and-coming partner Nitin Konchady is also recommended.

Key clients

Advent International (sponsor)

Bain Capital (sponsor)

Ellerman Investments (sponsor)

Goldman Sachs (underwriter)

Groupe Paprec (issuer)

Infopro Digital (issuer)

Morgan Stanley (underwriter)

Novalpina Capital (sponsor)

Shop Direct (issuer)

TowerBrook Capital Partners (sponsor)

Private funds Tier 2

Advising The Abraaj Group on its liquidation was a major highlight for Weil, Gotshal & Manges (London) LLP's well-regarded private funds department., which is led by Ed Gander . The advice given pertained to the disposal of management rights and of the Abraaj Global Healthcare Fund and certain Latin American funds, among other issues. The practice covers a broad range of work for leading buyout houses. In addition to a steady stream of fundraisings (primarily in the private equity and real asset sectors), the firm also handles a number of GP-led secondaries and restructuring processes. Funds regulatory and strategic advisory is another core service; James Bromley (who was made up to the partnership in January 2019) is a key contact on this front. In a recent success, James Sargent and others acted as lead fundraising counsel for Dalmore Capital on the £950m Dalmore Capital III fund, which is one of the largest UK-only infrastructure funds raised.

Key clients

8 Miles

Actis

Aleph Capital Partners

AMP Capital

Apax Partners

aPriori Capital Partners

Argos Wityu

AS Equity Partners

Astarte Capital Partners

Benefit Street Partners

Brookfield

CapMan

Castleforge Partners

Covalis

Columbia Threadneedle Investments

Crow Holdings

Dalmore Capital

Disruptive Capital Finance

Farview Equity Partners

Forward Partners

Generation Investment Management

Graphite Capital Partners

GMT Communications Partners

ICG Enterprise Trust

IFM Investors

Incus Capital

InfraRed

Ingenious

KKR

Local Globe

Montagu Private Equity

NCB Capital

Octopus Investments

PAI Partners

Parker Infrastructure Partners

Prudential Portfolio Managers

Revetas Capital

UNION Group

Yoo Capital

Whitehelm Capital

Real estate funds Tier 2

At Weil, Gotshal & Manges (London) LLP, real estate funds matters sit within the firm's broader private funds practice group. Besides real estate fundraisings and fund closings, the group also often works on general partner-led restructurings and secondaries matters. The offering is marked by a strong record for infrastructure fund work, particularly in the greenfield space. In addition, the group boasts an integrated strategic advisory function to provide a commercial perspective alongside its core legal services. Head of team Ed Gander is a key client contact while James Sargent specialises in real asset funds. James Bromley was made partner in January 2019.

Key clients

8 Miles

Actis

Aleph Capital Partners

AMP Capital

Apax Partners

aPriori Capital Partners

Argos Wityu

AS Equity Partners

Astarte Capital Partners

Benefit Street Partners

Brookfield

CapMan

Castleforge Partners

Covalis

Columbia Threadneedle Investments

Crow Holdings

Dalmore Capital

Disruptive Capital Finance

Farview Equity Partners

Forward Partners

Generation Investment Management

Graphite Capital Partners

GMT Communications Partners

ICG Enterprise Trust

IFM Investors

Incus Capital

InfraRed

Ingenious

KKR

Local Globe

Montagu Private Equity

NCB Capital

Octopus Investments

PAI Partners

Parker Infrastructure Partners

Prudential Portfolio Managers

Revetas Capital

UNION Group

Yoo Capital

Whitehelm Capita

Structured products and securitisation Tier 2

Weil, Gotshal & Manges (London) LLP has a long-standing reputation as the dominant manager counsel on European CLOs. The firm is sole counsel for leading global managers Blackstone/GSO and Carlyle Group, which are among the most active market participants. In total, the firm acts for seven of the leading managers in the CLO market, as well as arrangers such as Deutsche Bank. The practice's recent work also includes the development of new and innovative structures, including two bespoke securitisations to provide capital for development loan origination. In the loan portfolio space, it has also worked on credit and servicing platforms that can be used by multiple banks for their non-core assets and acting on asset sales and purchases. London practice head Jacky Kelly, who also co-leads the firm's global  structured finance and derivatives group, is a standout partner for advice to asset managers on CLOs. Brian Maher not only handles CLOs, but also consumer asset securitisations and other bespoke asset-backed financings. Up-and-coming CLO partner Alexander Martin is also recommended.

Testimonials

“I like working with Weil Gotshal because the quality of advice is exceptional, whether that be from partners or associates. I get very timely responses, tailored commercial advice and the partners always make themselves available. Their understanding of the structured finance and securitisation market is second to none and I feel as though I am getting strong, commercially-focused advice based on the latest regulations and market practice.”

“Jacky Kelly is a very experienced operator in the market. She is very approachable and good to deal with.”

“Alexander Martin is a new partner with a lot of experience in structured finance, who is very technical but understands the commercial issues that we face.”

“The firm has an excellent understanding of the funds market, credit fund transactions and the impact of regulatory and capital markets requirements on structuring of complex cross-border transactions.”

“Alexander Martin has an excellent understanding of the European and US regulatory frameworks impacting credit fund investors across a number of different strategies.”

“The team is best in class when it comes to structured NPL financing transactions. They act as a one-stop shop for sponsors, even if they don’t have a local practice. This is extremely helpful when working on a complex transaction.”

“The firm provides timely, commercially-focused advice. They combine strong technical knowledge with an understanding of our business. Responsiveness is second to none, as is partner engagement.”

“Jacky Kelly is an excellent client relationship partner who still finds time to work on my matters.”

“Alexander Martin has great client skills, as well as excellent technical knowledge and understanding of the business.”

Key clients

Barclays

Blackstone / GSO

Carlyle Group

Deutsche Bank

Hertz Europe

Apollo Management International / Redding Ridge

Guggenheim

BlackRock

Lloyds Banking Group

KKR

Credit Suisse

Shop Direct

Investcorp

Blue Bay

Deutsche Asset Management

Derivatives (including commodities) Tier 3

Weil, Gotshal & Manges (London) LLP is particularly highly regarded for its dominant position in the CLO market and, in 2018, it was the leading firm in the European CLO market for the third year in a row, acting for asset collateral managers. In the derivatives market, the firm not only provides advice on the structuring of CLOs, but also assists clients with the use of derivatives in M&A transactions, and provides currency and interest rate hedging for structured finance vehicles, corporates and banks. It also handles repo funding structures and credit default swaps, and has a specialist team to service the derivatives needs of private equity and corporate clients. In the practice led by Jacky Kelly, newly promoted partner Alexander Martin handles dervatives in the context of CLOs and associate Andrew Lauder, who joined from Allen & Overy LLP, advises on a broad range of OTC derivatives and structured capital markets transactions.

Key clients

Barclays

Blackstone / GSO

Carlyle Group

Deutsche Bank

Hertz Europe

Apollo Management International / Redding Ridge

Guggenheim

BlackRock

Lloyds Banking Group

KKR

Investcorp

BlueBay

Deutsche Asset Management

Infrastructure (including PFI and PPP) Tier 3

The team at Weil, Gotshal & Manges (London) LLP impresses with a broad practice, which handles transactional and finance work in the infrastructure space. Core areas of focus are transport, energy, TMT and social builds. The team - which works with a client roster including private equity sponsors, pension funds and multi-asset managers - is led by corporate partner James MacArthur and finance specialist Paul Hibbert. In early 2019, the practice was strengthened by the arrival of Sidley Austin LLP partner Mark Thompson, who is well versed in private equity and M&A transactions.

Key clients

Antin InfrastructurePartners

AMP Capital

Macquarie

OMERS Infrastructure

First State Investments

Ontario Teachers’ Pension Plan

NIBC Infrastructure Fund

iCON Infrastructure

Brookfield Asset Management

Europa Capital Partners

Vinci

Media and entertainment (including media finance) Tier 3

Weil, Gotshal & Manges (London) LLP's cross-disciplinary offering handles a range of corporate, finance, litigation and restructuring work, and is also active across employment, pensions, real estate, competition, antitrust, IP, technology and tax mandates. Clients also benefit from its private equity and capital markets experience. The firm is instructed by international media and entertainment companies.

Tax litigation and investigations Tier 3

Weil, Gotshal & Manges (London) LLP's tax disputes team is co-led by experienced litigator Jamie Maples and Oliver Walker, who is instructed on a number of cases before English and European courts. Recent cases include internal investigations into corporate governance failings, VAT disputes and a number of contentious tax insurance matters. Hannah Field-Lowes left the team for White & Case LLP in February 2018.

Testimonials

Oliver Walker is very thorough, responsive and detail-focused; he is a good communicator, very friendly to deal with and quick to respond

Oliver Walker is well known in the M&A insurance market and has worked on some of the largest and most complex tax insurance projects

Extremely competent and thorough, professional, responsive, accurate and approachable

This a high-class operation; the key people are knowledgeable and razor sharp and able to take on anything

Key clients

Littlewoods Group

Joint Special Administrators of MF Global UK

Corporate tax Tier 4

Weil, Gotshal & Manges (London) LLP 's City tax team  counts a strong private equity leaning  among its strengths as well as handling the  tax aspects of  corporate M&A,  private funds,  insolvencies  and  group restructurings. It  is able to draw on the firm's  office  network across  North America and Europe  to  handle cross-border tax matters. The  team also  advises on  the tax  aspects of  structured financings, leveraged financings and management incentivisation schemes. Oliver Walker leads the department and has significant experience in transactional tax matters and complex reorganisations.

Testimonials

Oliver Walker is highly talented, reactive and pragmatic and his team is of the same vein

‘A one-stop shop solution when it comes to UK tax advice

Very commercial approach. Work well with their M&A colleagues

Key clients

VINCI Airports

Advent International Corporation

Lehman Brothers Holdings

Westinghouse Electric

The Public Sector Pension Investment Board

Bain Capital Private Equity

M&A: upper mid-market and premium deals, £500m+ Tier 4

Weil, Gotshal & Manges (London) LLP acts for corporates and private equity firms on major cross-border transactions, including mergers, acquisitions, joint ventures and divestments. The firm has a high profile roster of private equity clients as well as also advising corporates such as GE, Sanofi and Westinghouse.  Heavyweight practice head Michael Francies is experienced in advising public companies and private investors, and recently acted for Sanofi in its  sale of Zentiva to Advent International. The team regularly collaborates with international colleagues, working closely with the Paris, New York and Frankfurt offices.  The team has been bolstered through the 2019 addition of  Mark Thompson from Sidley Austin LLP, who focuses on real estate M&A transactions. Former Herbert Smith Freehills partner James MacArthur  advises corporate and PE sponsors across infrastructure and real estate transactions.

Testimonials

Mike Francies holds a lot of clout with clients

Key clients

Laird

Sanofi

General Electric Company

VINCI SA

Westinghouse Electric Company

Concardis

Global Software

CATS Management Limited

Avolon Holdings

Commercial litigation Tier 6

Weil, Gotshal & Manges (London) LLP 'has a fantastic London litigation practice' that regularly works with its colleagues in Europe, the US and Asia. Jamie Maples  has been developing the office's growing focus on significant tax litigation matters and Mark Lawford's principal areas of expertise include cross-border insolvencies and restructurings, debtor and creditor representations, and insolvency litigation. Christopher Marks is the associate to note.

Testimonials

Very thorough and lawyers are always available to bounce ideas off’.

A small team of highly experienced lawyers, who are able to manage large cases through the effective use of counsel‘.

Jamie Maples is an excellent and incisive team leader, who brings a refreshing approach to litigation problems‘.

Christopher Marks is a go-to associate for anything contentious; he is very approachable, knowledgeable and thinks though every angle‘.

Key clients

Ad hoc committee of 2017 noteholders of Dana Gas

Stuart Sybersma and David Soden as joint provisional liquidators of Abraaj Investment Management

BlackRock

Altecnic

Lehman Brothers

KPMG (joint special administrators to MF Global UK)

Jinpeng Group

International arbitration Tier 6

Weil, Gotshal & Manges (London) LLP's team is 'clever, client focused and well organised'. The London office's specialist arbitration lawyers represent both private parties and sovereign clients around the world in high-level international arbitrations. Jamie Maples has a strong track record advising investment banks, corporations, governments and private equity houses, and Hayley Lund is an experienced associate.

Testimonials

The team is small but highly motivated, makes sure that it understands its clients’ general and specific aims, and is focused on the right way to get the appropriate result‘.

Jamie Maples is hardworking, thoughtful and thinks through all the angles‘.

Hayley Lund is bright, hardworking and committed‘.

Key clients

Jinpeng Group

The Lex 100 Verdict

US firm Weil, Gotshal & Manges was chosen by recruits for its 'complex, industry-leading work in private equity'. The 'small intake size', 'client list' and 'leading reputation' were among the reasons trainees flocked to the firm and newbies were impressed by the 'high levels of responsibility allowing us to really get stuck in on deals'. The 'remuneration package is among the best and the work/life balance is not terrible as far as US firms go'. Although recruits receive 'less technical training', many enjoy the 'hands-on nature' of their training contract which requires them to 'learn by doing' and take responsibility for their progress. This is received positively as trainees relish 'the capacity to make a meaningful contribution to the team' whilst working alongside 'incredibly intelligent colleagues'. Recruits are grateful that a 'collaborative culture' pervades 'and everyone is really attempting to achieve the very best results at all times'. On the flip side, 'the hours can be tough' with some trainees working 'late nights back to back'. This is, however, rewarded with a Lex 100-winning salary. Weil has also earned a medal for inclusiveness as trainees can expect to work with 'friendly approachable people' and receive 'great support'. This is reflected in best moments such as 'working with the managing partner on a deal' and 'attending a client lunch with a partner and really feeling like a valued member of the team'. Despite the demanding nature of 'working on four large transactions simultaneously', many appreciated 'being involved in complex deals' which led to 'receiving good feedback from seniors'. If you want to be involved in 'high-quality international work' while still working in a friendly, supportive environment apply to Weil, Gotshal & Manges.