White & Case LLP > London, England > Firm Profile

White & Case LLP
5 Old Broad Street
London
EC2N 1DW
England

Corporate and commercial > Equity capital markets – mid-large cap Tier 1

Instructed by an array of leading investment banks, public and private companies (particularly in the life sciences and technology sector), and private equity firms, White & Case LLP‘s premier London ECM practice integrates both UK and US expertise to act on a diverse range of transactions through the UK, US and EMEA regions, including IPOs, SPACs and de-SPACs, private placements, direct listings and PIPEs. A ‘stalwart of the UK ECM market’, Inigo Esteve is an expert on IPOs and secondary offerings who is praised for his ‘exceptional depth of knowledge and breadth of contacts’. He co-leads the department in conjunction with vastly experienced and well-respected ECM lawyers Jonathan Parry and Laura Sizemore. US-qualified Sizemore is head of EMEA capital markets, handling complex transactions on behalf of some of the firm’s most high-end clients, while Parry has over 20 years of experience advising on LSE - including IPOs, rights issues, placings and accelerated book-builds.

Practice head(s):

Inigo Esteve; Jonathan Parry; Laura Sizemore

Testimonials

‘Inigo Esteve is a stalwart of the UK ECM market, his depth of knowledge and breadth of contacts is exceptional.’

Key clients

Goldman Sachs, Morgan Stanley, HSBC, Jefferies, BofA and ING Bank (Ithaca Energy)

J.P. Morgan, Morgan Stanley, Mediobanca and Barclays (888 Holdings)

Hiro Metaverse Acquisitions I

New Energy One Acquisition

Citi and Peel Hunt (Coats Group)

Qatar Investment Authority (Glencore and VINCI)

MENA IPOs: DEWA and Empower

Barclays and Numis (Diploma)

Icelandic State Financial Investments (ISFI)/Íslandsbanki

ESAS/Pegasus

Work highlights

  • Advised Goldman Sachs and Morgan Stanley as joint global co-ordinators, HSBC Bank, Jefferies and BofA Securities as joint bookrunners and ING Bank as co-lead manager on the IPO of Ithaca Energy PLC and its premium listing on the London Stock Exchange.
  • Advised Dubai Electricity and Water Authority PJSC (DEWA), the utility company for the Emirate of Dubai, in its US$6.1 billion IPO.
  • Advised Emirates Central Cooling Systems Corporation PJSC (Empower) on its US$724 million initial public offering (IPO) on the Dubai Financial Market.

Dispute resolution > International arbitration Tier 1

Commanding ‘a formidable reputation in international arbitration’, White & Case LLP‘s London practice routinely acts in the market’s largest and most significant cases. The team is co-led by Aloke Ray KC, who ‘has a very sharp understanding of the relevant issues in arbitration‘. The group also features London office head Dipen Sabharwal KC; the ‘extremely ableDavid Goldberg; construction and engineering disputes specialist Clare Connellan; global public international law leader, Andrea Menaker; and recently-raised partner Adam Tahsin, whose experience covers arbitrations under a range of governing laws and institutional rules. Within the firm’s senior associate ranks, Emiko Singh focuses on international arbitration in the energy, construction and financial services sectors; and Agnieszka Zarówna works exclusively on investor-state arbitrations. In early 2023, former partner Mark Clarke departed for an in-house role, and later in 2023 former practice co-head Phillip Capper left too.

Practice head(s):

Aloke Ray KC

Testimonials

A formidable reputation in international arbitration – in a position to deploy substantial resources when instructed. A go-to firm in its field.

‘David Goldberg is extremely able and very practical.’

‘Aloke Ray QC is extremely experienced and strategic in his approach. He has a very sharp understanding of the relevant issues in arbitration.’

‘Aloke Ray QC is an enormously-skilled advocate, who is calm under pressure and controls the room when before the arbitration panel.’

‘Very good and the client care is excellent.’

‘Robert Wheal handles the bumps in the road that arise extremely well and without fuss. The work is always ready in good time for client review, and suggestions on how to approach issues are constructive.’

‘A well developed and experienced team in arbitration – the firm’s quality of work is unquestionable.’

‘An outstanding team with a wide range and a high-level of commitment, especially for complex and diverse topics, which enables efficient and client-tailored processing.’

Key clients

The Islamic Republic of Pakistan

WeBuild

Sacyr

Grupo Unidos por el Canal

MOL Hungarian Oil & Gas

The Republic of Mozambique

Government of Nigeria

The Republic of Peru

Orazul International España Holdings

WorleyParsons International

The Republic of India

Kappes, Cassiday & Associates

Republic of Bulgaria

TECO Guatemala Holdings

Kornikom EOOD

JSC Tashkent Mechanical Plant

JSC National Bank for Foreign Economic Activity of the Republic of Uzbekistan

JSCB Asakabank

JSCB Uzbek Industrial and Construction Bank

The Ministry of Foreign Affairs of Japan

Work highlights

  • Represented the Islamic Republic of Pakistan in a rare ICSID post-award remedy, seeking to revise the largest damages award ever issued by an ICSID tribunal.
  • Representing Grupo Unidos por el Canal (Panama), and its shareholders WeBuild, Sacyr and Jan De Nul, in a dispute with the Panama Canal Authority over the $5.5bn Panama Canal expansion project.
  • Represented MOL in a complex joint venture dispute relating to oil and gas assets in the Middle East.

Finance > Corporate restructuring & insolvency Tier 1

Combining ‘technical knowledge with commercial nuance’, White & Case LLP provides ‘top quality restructuring legal advice’ for debtors and creditors on a myriad complicated cross-border situations, where it is also effectively able to leverage resources across its vast international network of offices. On the debtor front, clients not only benefit from the firm’s core substantive restructuring law expertise but also the team’s ability to provide a multi-disciplinary offering which draws upon other key practice areas including corporate, banking and litigation. ‘A leader in his field’, team head Christian Pilkingtonhas an uncanny ability to identify and resolve the most complex issues‘, and has been at the forefront of many of the firm’s marquee debtor side mandates, including for cinema chain Vue International on its successful recapitalisation which involved a substantial debt-for-equity swap. The ‘personable and technically strong’ Ben Davies was also involved in the aforementioned matter, work which followed on from his key role on the recently completed Swissport restructuring. The ‘impressive’ Ian Wallacehas a great mix of technical legal and commercial judgement’, skills with which he combines to good effect to debtors and creditor banks, particularly in the context of large transatlantic situations. Morvyn Radlow and Will Stoner are ‘technically excellent, very responsive and approachable’, with both gaining particular acclaim for their work on behalf of credit funds.

Practice head(s):

Christian Pilkington

Other key lawyers:

Testimonials

A personable team which provides a great client service, allied with clear advice and a can do approach.’

‘Top quality restructuring legal advice combined with commercial and pragmatic approach.’

Strong depth in quality of team – both at partner and associate level.’

‘I regard them as the pre-eminent team that combines technical knowledge with commercial nuance and see them as the first port of call in any complicated situation.’

A leader in his field, Christian Pilkington combines excellent commercial acumen with an encyclopedic knowledge of restructuring and insolvency law. He has an uncanny ability to identify and resolve the most complex issues.’

The impressive Ian Wallace has a great mix of technical legal and commercial judgement.’

‘The personable and technically strong Ben Davies is able to distil complex situations into a clear strategy and action plan.’ 

Morvyn Radlow and Will Stoner are, without fail, technically excellent, very responsive and approachable.’

Key clients

Vue International Bidco plc

Nostrum Oil & Gas plc

The Adler Group

The agent and existing term loan lenders of Petroserv Marine Inc.

Oi S.A.

The coordinating committee of agent banks and lenders of Seadrill Ltd

Work highlights

  • Representation of Adler Group, one of Germany’s largest real estate groups, on its ongoing financial restructuring, involving the incurrence of €937.5m of new money following an amendment to the terms and conditions of €3.2bn of senior unsecured bonds through English restructuring plan proceedings.
  • Representation of the cinema chain Vue International on its successful recapitalisation. Vue International secured 100 per cent lender consent to the recapitalisation steps, enabling a fully consensual implementation exercise, as part of which the ownership of the group passed to its senior lenders in exchange for a discharge of approximately £470m of debt.
  • Representation of London-listed oil and gas company Nostrum Oil & Gas plc on the financial restructuring of its $1.125bn of senior unsecured notes via a UK scheme of arrangement.

Finance > Debt capital markets Tier 1

'Technically excellent as well as being very commercially aware', White & Case LLP continues to cement its place among the leading DCM groups in London, having successfully built on its presence in emerging markets and sovereign debt deals to create a fully rounded practice that handles standalone and MTN programmes, bank regulatory capital and corporate hybrids, private placements, project and green bonds, liability management, equity-linked instruments, and debt restructuring. 'By far one of the best debt capital markets teams - smart, business-minded, focused and responsive', remarks a client. Standout partner Melissa Butler assisted Sweihan PV Power Company, the operator of the largest single-site solar project in the world, with its refinancing through the issuance of $700.8m in senior secured green bonds. Ian Clark represented the Ministry of Finance of Ukraine on a comprehensive liability management transaction that defers for two years Ukraine's contractual obligation to make payments under approximately $25bn of bonds, GDP-linked warrants and sovereign-guaranteed debt obligations. Butler and the vastly experienced Stuart Matty acted for Bank Leumi in a $500m offering, which was the first  Rule 144A senior unsecured bond issued by an Israeli bank to international institutional investors. Richard Pogrel, who is 'very strong in equity-linked deals', and Neha Saran advised Morgan Stanley on a $250m offering by Permanent TSB Group Holdings. Senior associate Anna Soroka also plays a central role in the practice.

Practice head(s):

Melissa Butler; Ian Clark; Stuart Matty; Richard Pogrel; Neha Saran

Other key lawyers:

Anna Soroka; Jessica Oliver

Testimonials

‘We continue to lean heavily on the consistent support from White & Case for our DCM transactions. The firm has steered us through troubled times in assisting with raising funding from the international DCM in a constantly changing business with increasing regularity and political challenges. Stuart Matty and his team has become a critical resource for our business through years of diligent support.’

‘Team is versatile, extremely committed, and very thoughtful and diligent in its approach.’

‘Neha Saran : committed, diligent, strong under pressure, good adviser-to-adviser relationships.’

‘This is, by far, one of the best debt capital markets teams I have ever worked with (or been a part of). They are smart, very business minded and focused and responsive. The team is well known in the industry and their reputation extends to bankers, service providers and other transaction participants.’

‘All of the individuals in this practice have show themselves to be extremely capable, responsive and very pragmatic in their approach. Specifically, Richard Pogrel and his team (including associate Hashim Eltumi) are some of the best around.’

‘Quality of senior partner and their close attention and involvement. Outstanding associate support.’

‘Technically excellent as well as being very commercially aware. Particularly important is their deep bench of EMEA experienced US Counsel who understand the particular sensitivities of US based Financial institutions, this is particularly important for sanctions risk.’

‘The White and Case team are intellectually sound, up to date with market trends and developments in all respect, simple in assertion and collaborative in action.’

Key clients

Aggregate Holdings

Bank Leumi

Bank of Industry

Barclays Bank PLC

CETIN Group B.V.

Citigroup

Deutsche Bank

Eskom

Heights Capital Management

Jefferies Group

JP Morgan Chase

Landsbankinn hf.

Metinvest

Ministry of Finance of Ukraine

Morgan Stanley

Republic of Nigeria

Republic of Suriname

Republic of Zambia

Standard Chartered Bank

Sweihan PV Power Company

Ukravtodor

Ukrenergo

Work highlights

  • Representation of the Ministry of Finance of Ukraine on a comprehensive liability management transaction that, among other things, defers for two years Ukraine’s contractual obligation to make payments under approximately US$25 billion of its international bonds, GDP-linked warrants and sovereign-guaranteed debt obligations.
  • Representation of Sweihan PV Power Company PJSC, the owner and operator of the Noor Abu Dhabi solar PV plant (the largest single-site solar project in the world), in connection with the refinancing in full of the Noor Abu Dhabi project through the issuance of US$700.8 million 3.625% green senior secured green bonds due January 31, 2049.
  • Representation of Bank Leumi le-Israel B.M. as the issuer on the offering of US$500 million 5.125% Senior Notes due 2027. This deal is the first senior unsecured bond issued by an Israeli bank to international institutional investors pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1993.

Finance > Trade finance Tier 1

White & Case LLP has deep roots in emerging markets finance work, which includes high-end structured trade and commodity finance transactions. Acting for bank creditors, traders/offtakers, exporters, sellers; sovereigns and state-owned owned entities such as national oil companies, the firm has a presence across the full spectrum of transaction structures. Debt finance partners Christopher Czarnocki and James Hardy lead the group. Emerging markets specialist Hardy advised borrowers AGP Worldwide Operations GmbH and AGP Group on a $250 million secured loan financing. Czarnocki  acted for Ghana's Ministry of Finance and Ministry of Energy in the $750m monetisation of royalties payable to the state by companies operating in the gold commodity sector, achieved through the assignment of rights to such royalties to special purpose vehicles which will be listed on the Accra and London stock exchanges.

Practice head(s):

Chris Czarnocki; James Hardy

Key clients

AGP Glass Worldwide Operations GmbH

Helios Investment Partners

Ministry of Finance (Ghana), Ministry of Energy (Ghana)

Deutsche Bank

Puma Energy

Petrobras

Ministry of Finance Ukraine

Africa Finance Corporation

Afreximbank

Ghana National Petroleum Corporation

Oi S.A.

A.P. Møller Holding A/S

Work highlights

  • Advised the Ministries of Finance and Energy of Ghana in connection with the monetisation of royalties payable to the state by companies operating in the gold commodity sector.
  • Advised Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, on the US$1.283 billion to US$1.583 billion acquisition of the entire offshore shallow water business of Exxon Mobil Corporation in Nigeria.
  • Advised the lenders in connection with a US$1.4 billion loan to Chevron and Nigerian National Petroleum Company (NNPC) to help monetise reserves, increase production and support the energy transition through the production of gas for domestic supplies.

Industry focus > Emerging markets Tier 1

At White & Case LLP, clients appreciate 'the exceptional combination of competence, expertise, responsiveness and friendliness which provides for an outstanding client experience'. The firm is active in emerging markets across the globe in work streams as diverse as project finance, bond issuance, corporate transactions and sovereign-related advisory work. 'Particularly important is their deep bench of EMEA experienced US counsel', among them US-qualified debt specialists Melissa Butler and Ian Clark, who work closely with English debt finance experts James Hardy and Stuart Matty. Clark handled a major liability management transaction for the the Ministry of Finance of Ukraine. Project development and finance partner Mark Castillo-Bernaus, international finance partner Jason Kerr. Banking partner Christopher Czarnocki, energy partner Philip Stopford and head of the Africa group Mukund Dhar are also heavily involved in emerging market transactions. Senior associate Judith Olloh is highly recommended for energy, infrastructure and project finance. EMEA Head of Project Development and Finance Michael Watson worked with Butler and a strong team of associates to assist Sweihan PV Power Company with the refinancing of the Noor Abu Dhabi solar PV plant through $700m in green bonds. Mining and metals partner Rebecca Campbell is 'commercially and technically brilliant'.

Practice head(s):

Stuart Matty; Michael Watson; Christopher Czarnocki; James Hardy; Mukund Dhar

Other key lawyers:

Philip Stopford; Melissa Butler; Judith Olloh; Kamilla Azamat; Mark Castillo-Bernaus; Rebecca Campbell; Ingrid York; Olga Fedosova; Allan Taylor

Testimonials

‘It is the exceptional combination of competence, expertise, responsiveness and friendliness which provides for an outstanding client experience.’

‘Judith Olloh is my go-to person. She has a great personality, is knowledgeable and possess the qualities I look for in a legal counsel. The team are the best at what they do. Our discussions and feedbacks are seamless with unprecedented levels of professionalism and attention to details. Their biggest super-powers for me will be understanding the customer, people, collaboration and attention to details.’

‘A high-calibre, resourceful and powerful global player which leads the efforts on many directions to reform and transform emerging economies. The firm can draw from its various offices and teams to provide the best service to public authorities, particularly, in the sphere of securities market and eurobonds program, international investment disputes, energy and power industry sector, privatization, infrastructure, transportation and natural resources.’

‘Kamilla Azamat coordinates the work of different teams for different workstreams. Being an Uzbek with experience over a decade gives her incredible leverage and earns the reputation of a key advisor for the Government on whose expertise it may rely.’

‘Melissa Butler pioneered a debut issuance of sovereign eurobonds and opened the international securities market for Uzbek issuers.’

‘Technically excellent as well as being very commercially aware. Particularly important is their deep bench of EMEA experienced US counsel who understand the particular sensitivities of US based financial institutions – this is particularly important for sanctions risk.’

‘Rebecca Campbell is a stand-out partner, who is both commercially and technically brilliant. She always goes the extra mile in understanding the needs of the client. Judith Olloh is knowledgeable, hard-working and attentive. She makes it a priority to understand all aspects of a transaction and is a pleasure to work with.’

‘Ingrid York is not only a staple of the Structured Finance industry in the EEMEA, she is also someone that cares, who know to manage her team and federate key internal resources when necessary, as well as externally with clients and key institutions and stakeholders.’

Key clients

Afreximbank

Africa Finance Corporation

African Development Bank

Bank of Industry

Bank Leumi

Citigroup

Credit Suisse

Deutsche Bank

Eskom

European Bank for Reconstruction and Development (EBRD)

Gemcorp Capital

Ghana National Petroleum Corporation

Helios Investment Partners

Ipoteka Bank

Islamic Republic of Pakistan

JP Morgan Chase

Lenders to Chevron and NNPC – Project Panther

Malvyn Group

Mauritius Commercial Bank

Metinvest

Ministry of Finance and Ministry of Energy Ghana

Ministry of Finance Equatorial Guinea

Ministry of Finance Ukraine

Morgan Stanley

NAIC and OCP

Oi S.A.

Petrobras

Puma Energy International

Republic of Ghana

Republic of Nigeria

Republic of Suriname

Republic of Zambia

Seplat Energy Plc

Standard Chartered Bank

Sweihan PV Power Company

Trafigura

Ukravtodor

Ukrenergo

Work highlights

  • Advised the Ministry of Finance of Ukraine on a wide range of emergency loan financing facilities provided by Ukraine’s bilateral and multilateral partners to support Ukraine’s budgetary needs since the start of Russia’s war of aggression against Ukraine.
  • Representation of the Ministry of Finance of Ukraine on a comprehensive liability management transaction that, among other things, defers for two years Ukraine’s contractual obligation to make payments under approximately US$25 billion of its international bonds, GDP-linked warrants and sovereign-guaranteed debt obligations.
  • Advised Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, on the US$1.283 billion to US$1.583 billion acquisition of the entire offshore shallow water business of Exxon Mobil Corporation in Nigeria.

Projects, energy and natural resources > Infrastructure: Project finance and development Tier 1

,Boasting a client list featuring a host of leading infrastructure fund managers, lenders and sponsors, White & Case LLP provides financing, development and regulatory advice to large-scale international projects, with the ability to leverage the firm's wealth of resources across the globe. The group has been responsible for project financing a number of PPPs over the past year in countries such as Turkey and Indonesia, and advises on the full gamut of asset types - most notably water, satellites, hydrogen and fibre optic networks over the past year. Michael Watson fronts the department and is principally noted for his work in the Middle East, working with majors in the region like Saudi Aramco as they engage in partnerships and joint ventures with investment managers such as Blackrock and Hassana. Caroline Miller Smith offers a broad practice that includes both greenfield and brownfield financing, and is well-regarded for her energy transition expertise as well as her knowledge of ports, rail and water infrastructure. Kamran Ahmad covers a wide array of multi-sourced financings and project bonds, offering a pan-European and global service to a range of international clients.

Practice head(s):

Michael Watson

Other key lawyers:

Testimonials

‘Very service minded, hands-on, and always gave solid and practical advice.’

‘Kamran Ahmad is responsive, attentive and adept at offering advice and combines this with an insightful knowledge of Greek environment and concession agreement economics’ 

 ‘Caroline Miller Smith  has great depth of knowledge and experience’

‘Kamran Ahmad is an outstanding lawyer. He is always available, gives efficient and practical advice of excellent quality and is an adviser who goes the extra mile to protect your interests.’

 

Key clients

Global Infrastructure Partners

ASTM S.P.A. (Autostrada Torino-Milano)

European Bank for Reconstruction and Development

DNB Bank ASA

ING Belgium

Deutsche Bank

Macquarie Group

Work highlights

  • Represented Global Infrastructure Partners (GIP) in connection with a €450 million investment in secured notes of Superstrada Pedemontana Veneta (Pedemontana), a 96 km greenfield toll road project in the final stages of construction in the Veneto Region of Italy.
  • Advised the Saudi Arabian Oil Company (Saudi Aramco) on a long-term, US$15.5 billion infrastructure transaction with a consortium of investors led by affiliates of BlackRock Real Assets (BlackRock) and Hassana Investments Co. (Hassana), the investment management arm of the General Organisation for Social Insurance (GOSI) in Saudi Arabia, to optimise Saudi Aramco’s gas pipeline network through a lease-and-lease-back arrangement.
  • Advised ASTM S.P.A. (Autostrada Torino-Milano), an industrial holding company engaged in the management of motorway networks under concession and in the engineering and construction of infrastructure projects, in connection with financing and construction of the Rv555 Sotrasambandet – 59 km road connection between Sotra and Bergen in Norway.

Projects, energy and natural resources > Mining and minerals Tier 1

White & Case LLP enjoys a reputation as an ‘extremely responsive, well-connected, practical team with a wealth of knowledge about, and experience in, the industry’. The global team acts on behalf of an impressive international client list on the full-suite of both transactional and contentious matters, including company issues, banking and capital markets, dispute resolution, ESG, project finance, restructuring and M&A, among others. Practice leader Rebecca Campbell is praised as ‘one of the best in the business – practical, smart, responsive, creative, and very connected’ and ‘the one you want on your side when you are working on a complicated mining deal.‘ Experienced M&A and equity investments lawyer David Lewis is a key name for the full range of corporate matters in the mining and minerals space, whilst Kamran Ahmad devotes much of his practice to project development and financing.

Practice head(s):

Rebecca Campbell

Other key lawyers:

Testimonials

‘Global franchise, able to work on large projects with complex issues and requirement from different legal areas.’

‘Very commercial partners and associates, with a deep knowledge of the mining and metals market. In particular, Rebecca Campbell and Alex Field.’

‘Extremely responsive, well-connected, practical team with a wealth of knowledge about and experience in the industry, up to date on the latest trends in transactional structures. Great to work with and a keen focus on creative approaches to getting a deal done.’

‘Rebecca Campbell is one of the best in the business – practical, smart, responsive, creative, and very connected. She’s the one you want on your side when you are working on a complicated mining deal. James Foo is an accomplished associate, insightful, experienced, and is well positioned to grow in his career.’

Key clients

Islamic Republic of Pakistan

Ivanhoe Mines

Vale SA

Provisional Liquidator of Konkola Copper Mines

Ivanhoe Electric

HPX

Fireball/Chifeng Gold

Lenders to Centamin

EGA

Sedibelo Resources

Daniel W. Kappes and Kappes, Cassiday & Associates

Kornikom EOOD

Nevada Copper

Work highlights

Projects, energy and natural resources > Oil and gas Tier 1

White & Case LLP ‘s London-based oil & gas team sits within the firm’s wider energy practice and is therefore well placed to advise high-end clients across the full spectrum of work from complex oil & gas M&A to project finance and disputes, alongside acting on critical energy transition mandates. Michael Watson is an expert across the energy spectrum and advises on large-scale projects. He now co-leads the team in conjunction with Philip Stopford after Mark Clark left the firm in February 2023. Stopford has more than 40 years of experience advising on complex oil & gas transactions. Pre-eminent practitioner David Baker is an important point of contact for project development matters, receiving praise for his ‘wonderful mixture of deep industry knowledge with humility and pragmatism’. Project and international finance expert Jason Kerr is highlighted as a ‘key problem solver and thought leader’ in the sector.

Practice head(s):

Michael Watson; Philip Stopford

Other key lawyers:

Testimonials

‘Stand out partners including Mukund Dhar who is exceptional’

‘White & Case’s legal team has over the years proven their expertise in LNG work. Their pragmatic, proactive, and committed approach, coupled with their best-in-class industry expertise shines above the rest in this legally complex sector. I wholeheartedly recommend White & Case to any organisation in need of top-tier legal representation for their LNG projects and transactions.’

‘In the complex world of LNG, having a reliable and knowledgeable legal partner is crucial for success. David Baker, a partner at White & Case, has been the linchpin behind our positive experience with the firm’s legal team. His exceptional performance and expertise played a pivotal role in achieving the outstanding results of our LNG operations in recent years. David worked seamlessly with our in-house legal team and other stakeholders.’

‘Carina Radford is fantastic. I would have her on every one of my deals if possible. Incredibly pragmatic and fantastic to have in the trenches with you when dealing with challenging counterparties.’

‘Top tier law firm with excellent industry and regional knowledge.’

‘Jason Kerr is a key problem solver and thought leader.’

‘The White & Case team is genuinely collaborative in their approach and by far the easiest of the leading legal firms to work with.’

‘David Baker is a stand out partner for me as he combines a wonderful mixture of deep industry knowledge with humility and pragmatism. Unlike some of his competitors he is always happy to help develop his clients’ understanding, rather than just focusing on providing legal advice. He also embodies the collaborative spirit that I see as a key source of differentiation for the firm.’

Key clients

Saudi Arabian Oil Company (Saudi Aramco)

Lenders to Chevron and NNPC – Project Panther

Lenders to Advanced Polyolefins Company

Somoil

Seplat Energy Plc

Macquarie Asset Management

NAIC and OCP – Basic Chemicals Platform project in Nigeria

Nostrum

Seadrill Ltd

Goldman Sachs, Morgan Stanley, HSBC, Jefferies and BofA

Energean

Fenikso Limited

Pipeline Technique

KazMunayGas landmark IPO

MOL

Work highlights

  • Advised the Saudi Arabian Oil Company (Saudi Aramco) on a long term, US$15.5 billion infrastructure transaction with a consortium of investors led by affiliates of BlackRock Real Assets and Hassana Investments to optimise Saudi Aramco’s gas pipeline network through a lease-and-lease-back arrangement.
  • Advised the lenders in connection with a US$1.4 billion loan to Chevron and Nigerian National Petroleum Company (NNPC) (acting as joint venture parties) to help monetise reserves, increase production and support the energy transition through the production of gas for domestic supplies.
  • Advised Macquarie Asset Management on its acquisition of a 60 percent stake in National Grid plc’s UK gas transmission and metering business in a consortium with institutional investors.

Projects, energy and natural resources > Power (including electricity, nuclear and renewables) Tier 1

White & Case LLP‘s power offering is noted as having a deep understanding of’ the sector and ‘extensive experience’ in handling international work. The team is headed up by Carina Radford who has significant experience assisting in large-scale, international cases, and projects and energy transition specialist Michael Watson. Mukund Dhar, who has a focus on African energy projects, is noted as being ‘a fantastic partner who is commercial, efficient and strategic’. The team has a strong reputation for its ability to handle matters involving infrastructure, financing and M&A matter of high-value and significant complexity, covering the industry, from conventional generation and renewables, to hydrogen, battery storage and energy infrastructure. It is also well-equipped to advise its clients on regulation, optimisation and operation aspects of projects, which is counsel Elisabeth Blundson‘s area of expertise.

Practice head(s):

Carina Radford; Michael Watson

Other key lawyers:

Mukund Dhar; Elisabeth Blundson; Sandra Rafferty; Richard Hill

Testimonials

‘A very strong practice on power agreements across multiple jurisdictions.’

‘The team is cooperative and professional with commercial mindset.’

‘They are very reliable, easy to work with and provide prompt feedback.’

‘Very professional, open to discussion and results-oriented.’

‘The team is well-placed in the energy sector, they have a deep understanding of and extensive experience across the sector, globally.’

‘Mukund Dhar is a fantastic partner who is commercial, efficient and strategic.’

Key clients

African Development Bank (AfDB), Trade and Development Bank and Finnfund lenders

VALOREM S.A.S.

Gridserve

ARCH Emerging Markets Partners

ING Belgium NV/SA

Republic of Uzbekistan – Ministry of Investments and Foreign Trade

NPC Ukrenergo

E.E.W. Eco Energy World UK Holdings Limited

Government of Nigeria

Orazul International España Holdings SL

UK investors in the renewable energy sector in Ukraine

Republic of Uzbekistan

Work highlights

  • Represented the Republic of Uzbekistan in relation to the ongoing process for the privatisation and expansion of the Talimarjan Power Plant in Uzbekistan.
  • Representing on a leading independent renewable energy development and operating company based in France, on the divestment of the 165 MW Kalistanneva onshore wind farm to a Finnish consortium.
  • Representing Gridserve, a sustainable energy business, on £200m investment from Infracapital, the infrastructure equity investment arm of M&G Plc.

Real estate > Construction: contentious Tier 1

White & Case LLP has gained a reputation for its integration of practical construction industry knowledge with rigorous legal expertise. The firm is proficient in advising on international arbitrations globally, and litigation at all court levels. It has a diverse portfolio, handling construction disputes that include defects, delays, non-performance, payment, and regulatory issues, among others. With a presence in over 90 countries, the firm extends its reach to sectors such as transport infrastructure, renewables, petrochemicals, and commercial property. Leading the team is Ellis Baker, an expert in all facets of construction and engineering project delivery. Among the key members are David Robertson, a specialist in oil and gas, power, and infrastructure projects, particularly in Asia, as well as Karim Mariey, who has a focus on resolving complex construction disputes arising from projects in the Middle East and North Africa. Daniel Garton left for Allen & Overy LLP in September 2023, and shortly after, Phillip Capper left too.

Practice head(s):

Ellis Baker

Other key lawyers:

Testimonials

‘The team is very willing and able to understand complex technical issues, explain legal issues to laymen and plan how to tackle those issues in a pragmatic way.’

‘David Robertson has an excellent understanding of the work being carried out and an in-depth knowledge of construction law. He listens to the opinions of clients well and gives good advice.’

Key clients

WeBuild

Sacyr S.A.

Jan De Nul N.V.

Grupo Unidos por el Canal, S.A.

Work highlights

  • Representing Grupo Unidos por el Canal S.A. and its shareholders WeBuild, Sacyr S.A., and Jan De Nul N.V. in a dispute with the Panama Canal Authority relating to the US$5.5 billion Panama Canal expansion project.

Dispute resolution > Banking litigation: investment and retail Tier 2

White & Case LLP has a broad banking litigation practice that acts on high-profile mandates that are often hugely complex. Charles Balmain leads the department, with extensive experience across banking disputes and contentious sovereign and corporate debt restructuring and insolvency. Balmain notably leads on the Republic of Mozambique’s response to the ‘tuna bond’ scandal: a high-profile matter that continues to attract media attention. Lawson Caisley, head of the commercial litigation practice at the firm, has been involved in a large number of high-profile disputes, acting for financial institutions, insurers, and blue-chip corporates. Swati Tripathi is a ‘star at junior partner level’, and routinely advises international banks on complex contractual disputes.

Practice head(s):

Charles Balmain; Lawson Caisley

Other key lawyers:

Swati Tripathi; Stephanie Stocker

Testimonials

‘Amazing team.’

‘Charles Balmain and Ben Davies stand out.’

‘Swati Tripathi is a star at junior partner level. She is going places!’

‘Excellent technical and interpersonal skills. Invaluable commercial advice.’

‘Swati Tripathi will be one of my go-to partners in the future: great stakeholder management within the business line.’

 

Key clients

UK Finance

UK Export Finance (export credit agency (ECA) for the UK Government)

Euler Hermes (ECA acting on behalf of Germany)

Bpi France (ECA acting on behalf of the State of the French Republic)

Industrial and Commercial Bank of China Limited

China Development Bank

Export Import Bank of China

Greensill Bank AG

The Republic of Mozambique

Work highlights

  • Representing UK Finance, which has been granted permission to intervene in the appeal to the UK Supreme Court in the Philipp v Barclays case.
  • Acted for UKEF as well as the ECAs of Germany and France in their claim for substantial amounts owed by Thailand’s flag carrier, Thai Airways, following its restructuring in Thailand.
  • Acting for a syndicate of Chinese banks in respect of litigation proceedings and the restructuring of a $925m facility advanced to Reliance Communications Limited.  

Dispute resolution > Commercial litigation: premium Tier 2

Offering a ‘top notch Rolls-Royce dispute resolution service’, White & Case LLP is acting for household names and blue-chip global corporates on precedent-setting cases. The team’s work for UK Finance in the landmark Philipp v Barclays Bank case in the Supreme Court is indicative of their strength. ‘Very sure and experienced’ Lawson Caisley leads the team, having been involved in the most high-profile corporate and commercial disputes for years. Also of note is Charles Balmain, with expertise in private and public company litigation, as well as a wide range from shareholder disputes to contentious corporate and sovereign debt restructurings. Swati Tripathi and Will Corbett-Graham are recognised for their ‘exceptional legal knowledge, sound judgement, and deep commitment to their clients’.     

Practice head(s):

Lawson Caisley

Other key lawyers:

Charles Balmain; Rory Hishon; Jenna Rennie; Swati Tripathi; Will Corbett-Graham

Testimonials

‘A really first-rate approach. The whole team goes the extra mile for the client at all times.’

‘Lawson Caisley is very sure and experienced litigator who supervises the team with aplomb.’

‘Strong reputation particularly in new media and tech company disputes.’

‘Rory Hishon – outstandingly able, thoughtful, tirelessly hard-working. Jenna Rennie – good strategist.’

‘White and Case offer a top-notch Rolls-Royce dispute resolution service which combines quality, excellent people, deep insight and excellence in work.’

‘Special mention to Swati Tripathi and William Corbett-Graham for their exceptional legal knowledge, sound judgment and deep commitment to their clients. They stand out particularly for their infallible judgment.’

‘The team is fantastic. The are open to adapting their way of working depending on the customer demands, including with synergy among other lawyers form foreigner firms. This has been a key factor for our achievements of success in our very complex case.’

‘The individuals are very polite and have high level skills. From the interns to the senior partners. They make me feel secure and very well guided in legal terms.’

Key clients

Vale S.A.

UK Finance

Meta Platforms Inc.

Angelini Pharma

HungryPanda Limited

UK Export Finance

Euler Hermes

Bpi France

Petrobras Brasiliero SA

Greensill Bank AG

Bertha UK Limited

Adler Group S.A.

Work highlights

  • Representing Vale S.A. in the landmark proceedings before the English Courts arising out of Brazil’s worst ever environmental disaster, the collapse of the Fundao Dam in 2015 –the largest group claim in English legal history, involving at least 200,000 claimants.
  • Representing UK Finance, the official trade body of the banking and finance industry in the United Kingdom, which has been granted permission to intervene in the appeal to the UK Supreme Court in the Philipp v Barclays case.
  • Serving as Meta’s primary outside counsel for a large portfolio of the company’s thousands of international litigation, pre-litigation, class actions and regulatory matters spanning more than 150 jurisdictions, across six continents.

Finance > Acquisition finance Tier 2

The ‘very responsive’ team at White & Case LLP has ‘strong expertise in leveraged finance’ for lenders and borrowers, which are appreciative of its versatility structuring deals utilising debt throughout the capital structure, including US/UK financings. The ‘exceptional’ Jeremy Duffy has excellent traction among core firmwide banking clients, including Deutsche Bank, which he has recently advised on the debt financing to facilitate several separate data centre acquisitions. The ‘very approachable and knowledgeable’ Richard Lloyd is well-versed in a range of debt products, including bank/bond, syndicated and second lien, and regularly works alongside Duffy on key bank-side cross-border leveraged finance transactions. Under the guidance of UK and US-qualified partner Gareth Eagles, the team has also established a market-leading offering on the direct lending front for leading fund clients including CVC Credit and Bridgepoint Credit. Martin Forbes takes the lead on much of the most significant borrower-side work, primarily on behalf of private equity sponsors.

Practice head(s):

Colin Harley; Jeremy Duffy; Gareth Eagles; Martin Forbes

Other key lawyers:

Chris Czarnocki; Emma Foster; James Hardy; Richard Lloyd; Shane McDonald;  Nicola Chapman; Catherine West; Oliver Trotman; Man Hay Yip; Prema Govind

Testimonials

‘The team is very responsive.’

‘The team has strong expertise in leveraged finance, great accuracy in drafting and ability to arrange workflows also for other parties at the table.’

‘They have a fantastic knowledge of leverage finance, real estate finance, infrastructure and data centre.’

‘Jeremy Duffy is an exceptional lawyer.’

‘The very approachable and knowledgeable Richard Lloyd is my go-to expert on a multitude of topics, I can always count on up-to-date and relevant advice when dealing with him.’

‘Colin Harley is an exceptional adviser; he understands what is is important, pre-empts issues and strategizes at a very high level.’

Key clients

Apollo Global Management

Afreximbank

Africa Finance Corporation

AGP Group

ASK Chemicals Group

Ali Group

Bridgepoint Credit

Credit Suisse

CVC Credit

Deutsche Bank

DNB Bank ASA

Goldman Sachs

Jefferies

JP Morgan

Nordea Bank

Puma Energy International

Royal Bank of Canada

Santander

SEB

Societe Generale

Sumitomo Mitsui Banking Corporation

Natixis

UBS

N+P Beheer B.V.

Ocorian Limited

Triton Investment Management Limited

The Carlyle Group

Inflexion Private Equity Partners

CVC Capital Partners

Puma Energy

Oaktree Capital Management

Work highlights

  • Representation of Ali Group in connection with its $4.8bn acquisition of Welbilt, Inc., a US public company.
  • Representation of Triton Investment Management Limited on the £775m financing to facilitate the £1.2bn recommended takeover offer for Clinigen Group plc.
  • Advised Ares Management and SEB, as lenders, in relation to Nordic Capital’s and CVC Funds’ public-to-private acquisition of Cary Group, a Nasdaq Stockholm listed company.

Finance > Bank lending: investment grade debt and syndicated loans Tier 2

The ‘extremely experienced and user-friendly’ team at White & Case LLP has ‘excellent market knowledge’ and versatility across financial products, both from a UK and US law governed perspective, and is consequently a favourite among lenders and borrowers to advise on complex cross-border financings. On the creditor side, in spite of his senior status, Jeremy Duffygets his hands dirty on every deal he manages’, and outside of his leveraged finance sweet-spot also regularly handles broader global loans work (including corporate lending), increasingly utilising ESG/sustainability-lined metrics. ‘On top of the latest industry trends’, Shane McDonald is also a favourite among lenders, regularly working on large-cap syndicated facilities, both from an acquisition, as well as infrastructure and general corporate lending perspective. Christopher Czarnocki is also a key member of the team by dint of his balanced lender and borrower credentials in the emerging markets space, in particular.

Practice head(s):

Colin Harley; Jeremy Duffy; Gareth Eagles; Martin Forbes

Other key lawyers:

Chris Czarnocki; Emma Foster; James Hardy; Richard Lloyd; Shane McDonald; Nicola Chapman; Catherine West; Oliver Trotman; Man Hay Yip; Prema Govind

Testimonials

They particularly shine in complex, cross-border financings where their local offices across the the globe provide top-tier advice that encompasses collateral/security, tax, regulatory and other issues that routinely crop up in such deals.’ 

The team is extremely experienced and user-friendly.’

The firm is a top large cap lender side financing practice. They clearly handle a high volume of deals across both syndicated loans and direct lending, which means they know where the market is and the latest developments/ innovations from the sponsor side.’

Their market knowledge is excellent and ability to execute deals across any product is truly impressive.’

‘Jeremy Duffy is a consummate professional, a highly knowledgeable senior partner who nonetheless gets his hands dirty on every deal he manages. He’s also super dedicated and available 24/7 on a moments’ notice.’

The commercial and solutions-oriented Jeremy Duffy is the gold standard for lender-side advisory work.’

Shane McDonald is a great lender side lawyer. On top of the latest industry trends, Shane provides quality advice and is able to negotiate with the best of them on behalf of the lenders through the force of his personality.’

 

Key clients

Apollo Global Management

Afreximbank

Africa Finance Corporation

AGP Group

ASK Chemicals Group

Ali Group

Bridgepoint Credit

Credit Suisse

CVC Credit

Deutsche Bank

DNB Bank ASA

Goldman Sachs

Jefferies

JP Morgan

Nordea Bank

Puma Energy International

Royal Bank of Canada

Santander

SEB

Societe Generale

Sumitomo Mitsui Banking Corporation

Natixis

UBS

N+P Beheer B.V.

Ocorian Limited

Triton Investment Management Limited

The Carlyle Group

Inflexion Private Equity Partners

CVC Capital Partners

Puma Energy

Oaktree Capital Management

Work highlights

  • Advised Santander and HSBC, as revolving credit facility lenders, on the debt financing package to support Caffè Nero’s refinancing of all its debt.
  • Advised Puma Energy, a global downstream energy business, in connection with its $695m revolving and term loan facilities.
  • Advised BNP Paribas, Lloyds Bank and National Westminster Bank plc on a syndicated ESG-linked facilities agreement in favour of market leading international consumer goods business, PZ Cussons plc.

Finance > Derivatives and structured products Tier 2

White & Case LLP is 'technically excellent, and always provides timely and commercial advice'. One clients praises the group's  'constant commitment to providing maximum possible value and exhaustive attention to detail'. The firm handles the full suite of derivatives work, encompassing interest rate, credit, equity, currency and commodity derivatives, regulatory capital transactions, repurchase agreements, securities lending, synthetic investments and Islamic derivatives. The practice led by Ingrid York, who is 'calm and incisive, and has an encyclopaedic knowledge of derivatives', also excels in repackaging and structured note transactions. York and regulatory partner Jonathan Rogers advised the Liquidity and Sustainability Facility Designated Activity Company (LSF) on its inaugural $100m repo transaction with Afreximbank and Citi to provide liquidity to African sovereign Eurobonds. York is supported by a strong partner group and a growing team of associates. Anthony Colegrave is dual-qualified in England & Wales and South Africa, and focuses primarily on equity derivatives and hedging solutions. Debashis Dey advises banks, corporates and governments on structured finance and Tom Falkus has a broad practice that includes secured loan transactions. Associate Phillan Amin is highly recommended for OTC derivatives, structured finance, repurchase transactions, and hedging issues.

Practice head(s):

Ingrid York

Testimonials

‘I have found the team to be incredibly proactive and knowledgeable, both in terms of the core legal and commercial issues at play.’

‘Ingrid York is an excellent lawyer, who has an encyclopaedic knowledge of derivatives. She is calm and incisive and we enjoy working with her.’

‘Go-to firm. Technically excellent. Always provides timely and commercial advice.’

‘Ingrid York: Work product always excellent. Exceptional product knowledge. Very user-friendly. Highly rated by business clients. Always available. Trusted adviser.’

‘WA core capital markets practice for us. Very responsive, solid legal advice, very result-oriented. Happy to provide training for our in-house lawyers.’

‘Ingrid York is great at structured transactions, complex derivatives, sustainability derivatives and carbon trading.’

‘Ingrid York has excellent technical skills as well as experience of the market and a practical commercial approach. She is a go-to person for complex financial structures.’

‘Technical knowledge, the firm global reach and its commitment to pro bono work. Capability to leverage a large global team on the spot to close complex transactions. But most importantly, it is the firm culture.’

Key clients

Alpha Bank

Bank of America Merrill Lynch

BNP Paribas

Citibank

Centerbridge

Crédit Agricole Corporate and Investment Bank

Credit Suisse

Deutsche Bank

Elliott Advisors

Eurobank

European Investment Fund

Investec

Liquidity and Sustainability Facility DAC (the “LSF”)

National Bank of Greece

Piraeus Bank

Qatar National Bank

Societe Generale

United Arab Emirates Central Bank

Work highlights

  • Provided pro bono advice to the Liquidity and Sustainability Facility DAC (LSF) on its inaugural US$100 million repo transaction with Afreximbank and Citi, which was announced at COP27 and aims to bring liquidity to a diversified basket of African sovereign Eurobonds.
  • Advised The Hertz Corporation in connection with the extension of their European securitisation platform to finance their Italian rental fleet and increase the facility to €1.1 billion.

Finance > Islamic finance Tier 2

With a sizeable presence in London and also able to draw upon the the expertise of practitioners based in key international jurisdictions, including Dubai, White & Case LLP is well-positioned to advise lenders, funds, corporates and governments on transactions traversing product areas and geographies. Capital markets-related work informs much of the deal flow, and as well as regularly advising issuers and arrangers on large Sukuk issuances, the team, which is led by Debashis Dey (who splits his time between Dubai and London), is also adept at advising on regulatory issues and complex structured finance mandates.

Practice head(s):

Debashis Dey

Other key lawyers:

Testimonials

The team is highly responsive and understood the product in depth which allowed us to easily reach terms with the borrower.’

It is a proactive team with a good approach to problem solving and addressing client requirements.’

‘White & Case has a very strong team led by Debashis Dey. They have a strong professional background and practical experience of Islamic finance.’

Key clients

Goldman Sachs International

The Hong Kong and Shanghai Banking Corporation Limited

SNB Capital Company

HSBC

BNY Mellon Corporate Trustee Services Limited

Al Rajhi Capital Company

Saudi Real Estate Refinance Company

United Nations Development Program

Blackrock

Republic of Indonesia

Citi Group

Standard Chartered Bank

JP Morgan

Emirates NBD

KFH Capital

Moove Africa

Work highlights

  • Advised Goldman Sachs International on an up to $150m warehouse securitisation of buy now, pay later (BNPL) receivables originated by Nakhla for Information Technology Systems LLC (Tamara) in Saudi Arabia.
  • Advised SNB Capital Company on the establishment of its debut SAR 5,000,000,000 Short-Term Certificate Issuance Programme and the inaugural SAR denominated issuance in April 2022 and a follow-on issuance in November 2022.
  • Advised the Arrangers on the establishment of $4,000,000,000 Trust Certificate Issuance Programme of Al Rajhi Banking and Investment Corporation and inaugural issuance of $1,000,000,000 Senior Sustainable Certificates due 2028 under the programme.

Finance > Securitisation Tier 2

White & Case LLP has a broad securitisation practice that encompasses a high level of activity in the CLO space, as well as securitisations of real estate loans, receivables and more esoteric assets. The firm is also making a big push on ESG-related deals, and practice head Chris McGarry recently acted for BNP Paribas in the €352m Grosvenor Place CLO 2022-1 DAC, which is the first CLO to contractually utilise the marketing and reporting features of Article 8 of the EU’s Sustainable Finance Disclosure Regulation. 'They have been innovative in the ESG space and are looking a few years ahead', remarks a client. Debashis Dey, who works from both London and Dubai, 'really knows his stuff but is able to take on board a variety of different views to help craft a solution that works for everyone'. Tom Falkus is increasingly visible in performing and non-performing loan portfolio acquisitions and financings, securitisations, restructurings, warehouse facilities, asset-based lending and secured loan transactions. Counsel Adam Farrell joined from Paul Hastings LLP in 2023, bringing expertise in CLOs, RMBS, CMBS and trade receivables deals.

Practice head(s):

Chris McGarry

Other key lawyers:

Debashis DeyTom Falkus; Adam Farrell; Greg Pospodinis

Testimonials

‘The CLO space is fairly mature, and the legal market reflects that. Where White & Case are pushing forward is on the ESG space, and they have been innovative in this space – they are looking a few years ahead and I very much find them proactive rather than reactive which is certainly something I value.’

‘On ESG I find Chris McGarry and new hire Adam Farrell to be enthusiastic in this space – they care about it and it comes through in interactions.’

‘The team is able to offer a true and seamless blend of top-notch international legal advice coupled with local law savvy. Lots of firms advertise this – this is one of the few times I’ve seen this actually happen in practice.’

‘Debashis Dey – really knows his stuff but is able to take on board a variety of different views to help craft a solution that works for everyone. Great at explaining unfamiliar concepts. Greg Pospodinis – fantastic local awareness, not just of the differing legal regimes but also of the differing approaches that market participants are likely to take.’

Key clients

Bank of America

BNP Paribas

Citigroup

Credit Suisse

CVC Credit

European Investment Fund

Goldman Sachs

GreensLedge

Guggenheim Partners

Habito

Hertz

J.P. Morgan

Morgan Stanley

NatWest

PGIM

Sixth Street

Work highlights

  • Advised Goldman Sachs as arranger on the CVC Cordatus Loan Fund XXIV DAC transaction for CVC Credit.
  • Advised Morgan Stanley as arranger on the Fidelity Grand Harbour 2022-1 DAC transaction for Fidelity.
  • Advised BNP Paribas as the arranger on the Carlyle Euro CLO 2022-5 DAC transaction for Carlyle.

Finance > Transport finance and leasing Tier 2

White & Case LLP punches above its weight by virtue of being able to effectively collaborate with practitioners across its international network, as well as practitioners in associated practice areas including project finance, energy and restructuring. The team remains best-known for its aviation work, with a ‘particular strength on cross-border complicated leasing structures and transactional restructurings’. Team head Justin Bensondelivers high-quality advice’ to a range of stakeholders including banks and ECAs, airlines, and leasing companies. The arrival in July 2023 of the ‘supremely experienced’ Mark Moody  and a team of highly capable associates, including the ‘very knowledgeable’ Rishi Raheja  from Winston & Strawn LLP, was a major fillip for the firm and vastly enhances its bench strength for aviation finance matters.

Practice head(s):

Justin Benson

Other key lawyers:

Mark Moody; Rishi Raheja; James Turner; David Wright

Testimonials

‘For complex aviation finance matters they are very good external counsel.’

 ‘Their particular strength is with cross-border complicated leasing structures and transactional restructurings and the related amendments to existing documentation.’

‘Justin Benson is very responsive, pays attention to details and delivers high quality advice.’

The supremely experienced Mark Moody sets the gold standard in this area and provides detailed, pragmatic and solutions focused advice.’

Rishi Raheja is very knowledgeable, helpful and organised.’ 

‘Mark Moody is a very well recognised lawyer with years of industry experience and expertise in the sector, and is able to provide clients with detailed, pragmatic and solutions focused advice. Rishi Raheja is a very capable associate and is adept at managing transactions.’

‘Mark Moody and Rishi Raheja are always available and able to deliver excellent work. Working with them is always a pleasure.’

Key clients

Bpifrance

Euler Hermes

UK Export Finance

KfW IPEX-Bank GmbH

Carlyle Aviation

BNDES

Nordea Bank

Arabian Drilling Company

Azorra Aviation Holdings LLC

Work highlights

  • Represented Azorra Aviation Holdings LLC in connection with the PDP financing for 12 new A-220 aircraft provided by Natixis.
  • Advised the agent and existing term loan lenders on an English Scheme of Arrangement proposed by Petroserv Marine Inc. (Petroserv), which was sanctioned by the High Court of England and Wales on June 23, 2022.

Projects, energy and natural resources > Infrastructure: M&A and acquisition financing Tier 2

White & Case LLP is heavily relied on by banks, corporates and funds to act on their largest and most critical infrastructure deals, boasting an impressive portfolio of multi-billion pound transactions across the globe. While traditional infrastructure and energy generation remain an important part of  the group’s steady stream of mandates, energy transition has quickly risen to the forefront of the deal agenda and the group has been active representing funds acquiring stakes in EV, fibre networks and data centre businesses. The firm also advises on transport-related matters.Team head Tim Sheddick is highly regarded for his transactional prowess, which extends across the full range of infrastructure and energy assets. Katie Hicks continues to impress in this sector, providing sponsors and financial providers with acquisition finance expertise that includes equity bridge, topco, holdco and senior financing. She is regularly supported by recently promoted partner Elizaveta Bazarova . Tom Pound, who was also promoted to partner this year, is active across a range of acquisitions, disposals, and joint ventures.

Practice head(s):

Tim Sheddick

Testimonials

‘Katie Hicks is one of the most commercially minded lawyers in the City. She has a deep understanding of borrowers’ needs and is excellent at creating sophisticated constructs which ensure they have the operational and financial flexibility to run their businesses in the most optimal way possible.’

‘Katie just gets it. She has an uncanny ability to identify issues and come up with smart solutions which help to get deals done.’

Key clients

Macquarie Asset Management

DigitalBridge

Brookfield

PGGM and DIF Capital Partners

Morgan Stanley Infrastructure Partners

A consortium comprised of AXA IM Alts, and Swiss Life Asset Managers and Morrison & Co.

Antin Infrastructure Partners

GRIDSERVE

Work highlights

Real estate > Construction: non-contentious Tier 2

White & Case LLP boasts a highly collaborative international practice, expertly offering strategic advice across diverse industry sectors, including energy, infrastructure, and major property developments. Leading the construction group is Ellis Baker, a recognised authority on FIDIC contracts, who has guided clients across over 30 countries in all aspects of project delivery. Richard Hill, who co-heads the non-contentious team, brings extensive experience in the procurement, construction, and operation of diverse projects, with a primary geographical focus on the United Kingdom, Europe, Central Asia, and Africa. Senior associate Paddy Mohen‘s expertise lies in advising on the construction of projects that are vital to energy transition, covering areas such as renewable energy, energy storage, and green metal projects. Daniel Garton left for Allen & Overy LLP in September 2023.

Practice head(s):

Ellis Baker; Richard Hill

Other key lawyers:

Testimonials

‘The team is professional, provides comprehensive advice yet very practical with a clear bottom line.’

Key clients

Republic of Uzbekistan

Work highlights

  • Advising various ministries and state-owned companies of the Republic of Uzbekistan on the construction of a number of major projects, including the projects highlighted below, as Uzbekistan continues to modernise and open up to greater foreign investment.

Real estate > Property finance Tier 2

White & Case LLP maintains a strong flow of mandates on the lender-side, particularly in relation to multijurisdictional asset portfolios. Senior partners Jeffrey Rubinoff and Justin Jowitt represent borrowers and lenders across Europe, the Middle East and Africa, in relation to senior and mezzanine investments, loan sales and syndication and development facilities. Jowitt’s practice also encompasses fund finance; representing lenders and funds in relation to subscription lines, and borrowing base facilities. Newly appointed partner Lisa Seifman is ‘very responsive, solution-oriented’, and is highlighted for her knowledge of data centre financing. Sudhir Nair is experienced in advising bank lenders and sponsors on financing transactions in the emerging markets.

Practice head(s):

Jeffrey Rubinoff; Justin Jowitt

Other key lawyers:

Testimonials

‘Justin Jowitt is the MVP of the team.’

‘Justin Jowitt is the Lionel Messi of real estate finance – he’s equally technically adept while having tremendous commercial instincts. This dude is one of a kind.’

‘Solution oriented, up to speed with the latest legal technology and best market practice, able to suppress ego and temptation to score points over opposing counsel to get the deal across the finish line.’

‘Lisa Seifman – very responsive, solution-oriented, and with great ability to engage with lender counsel in a constructive manner. No wasted time on hypothetical “rabbit holes”. Lisa presents options, makes recommendations and is a true counsel to the business.’

Key clients

Oaktree Capital Management

JP Morgan Chase Bank

Crosstree Real Estate LLP

Starwood Capital Group

Antin Infrastructure Partners

Deutsche Bank

Royal Bank of Canada

Deutsche Bank and Natixis

JP Morgan Chase Bank

Oaknorth Bank plc

Work highlights

  • Advised Oaktree Capital Management, L.P. and its joint venture partner Outpost Management on the development financing of the construction of College Road Tower, a 49-storey premium residential tower block in Croydon, UK.
  • Advised JP Morgan, a US multinational investment bank in connection with the £277 million senior and mezzanine development financing of two new residential Build-to-Rent plots in Wembley Park, UK called North East Lands. Quintain is the developer and build-to-rent operator behind Wembley Park. This deal is Quintain’s largest development loan to date, delivering 769 new homes.
  • Advised Crosstree Real Estate Partners, as part of a consortium of mezzanine lenders, on a mezzanine tranche of part of the £772 million whole loan financing of the One Nine Elms project in London. The £1 billion One Nine Elms development project comprises two buildings: the 57-storey City Tower, and the 42-storey River tower.

Crime, fraud and licensing > Fraud: civil Tier 3

White & Case LLP  fields an ‘outstanding’ team which acts for financial institutions, companies, states and individuals on the claimant and defendant side. Besides its high involvement in cross-border civil fraud disputes, it also regularly supports clients in bringing and defending applications for interim relief, including freezing orders, other orders relating to asset recovery and disclosure, and court orders in support of arbitration proceedings. The group is headed by John Rogerson, who leads the UK civil fraud team, focusing on cross-border litigation and regularly acting for emerging market corporates, as well as EMEA-based financial institutions. Other key names within the team include Charles Balmain, ‘an exceptionally talented litigator’, and David Goldberg, who is noted for his emphasis on CIS-related civil fraud disputes.

Practice head(s):

Other key lawyers:

Testimonials

‘They are unique, excellent and very professional. They are highly profiled and have a strong position in the area and the market in general.’

‘White & Case provided fantastic litigation support – they were always two, if not three, steps ahead of our opponents.’

‘Charles Balmain – an exceptionally talented litigation partner, with years of experience – a pleasure to work with. I couldn’t recommend him highly enough.

‘Excellent client service, advice quality and strategic thinking.’

‘John Rogerson is a superb lawyer and great strategist.’

‘White & Case are carving out an outstanding niche in the world of crime, fraud and licensing. They combine exceptional partners with sublime associates capable of handling the hardest and most challenging case.’

‘Charles Balmain heads an outstanding team of litigators. Charles is an inspiring leader and delightful to work with in every respect.’

‘John Rogerson – excellent technical lawyer & a pleasure to work with. Keeps his eyes on the prize.’

Key clients

The Republic of India

The Republic of Mozambique

Work highlights

  • Assisting India is challenging the US$150 million Permanent Court of Arbitration award in a dispute against a satellite company, stemming from an agreement the company entered into with the commercial arm of India’s Department of Space, which according to our client was tainted by fraud and illegality.

Dispute resolution > Competition litigation Tier 3

White & Case LLP houses an ‘extremely dedicated' team which handles the full spectrum of mandates, from standalone behavioural issues to civil actions. Praised by clients for his ‘enormous versatility paired with impeccable judgement', Charles Balmain leads the group, and has notable expertise in follow-on claims and regulatory investigations-related work, often appearing before the CMA and the CAT. Counsel Raif Hassan is experienced in handling damages actions before the High Court, and appeals to the Court of Appeal concerning the mitigation of damages.

Practice head(s):

Charles Balmain

Other key lawyers:

Genevra Forwood; Raif Hassan

Testimonials

‘Charles Balmain is lawyer of enormous versatility paired with impeccable judgment and strategic and tactical sense.’

‘Raif Hassan is a phenomenon in terms of his output and ability to conduct multiple matters with equal brilliance.’

‘The White & Case team has true specialists and have in-depth knowledge of the legal issues. The team is extremely dedicated and a pleasure to work with!’

‘Their key strength is their multi-jurisdictional reach.’

Key clients

NTN

Nexans

Autoliv

Toshiba

Google

Computer and Communications Industry Association

Pfizer

Synthos

Eco-Bat

Work highlights

  • Advised NTN in the High Court, CAT, and the Court of Appeal on an approximately €100m damages claim by Stellantis N.V.
  • Advising Nexans on an application for a Collective Proceedings Order to bring an opt-out class action on behalf of domestic energy consumers in the UK for allegedly increased energy prices resulting from pass-on of an alleged overcharge on High Voltage Power Cables following the European Commissions’ Power Cables decision.
  • Advising Autoliv on a standalone competition claim brought by Stellantis in High Court, which was subsequently transferred to the CAT.

Employment > Employee share schemes Tier 3

Finance > High yield Tier 3

White & Case LLP has seen a major restructuring of its high yield practice with the departures of Jill Concannon to Clifford Chance LLP and Gilles Teerlinck to Weil, Gotshal & Manges (London) LLP, and James Greene taking over as practice head. Greene, who is ‘able to navigate complex and stressful situations in a calm and efficient manner‘, counts JP Morgan, CVC Capital Partners and BNP Paribas among his clients. He advised joint global coordinators and joint bookrunners on a $420m notes offering by Mauritian telecommunications company Axian Telecom. Key partner Monica Holden, who handles bond transactions for issuers, sponsors and underwriters, and senior associate Anna Soroka ‘don’t hide behind the law, but give clear and concise advice, and understand what the client wants and what the commercial drivers are‘.

Practice head(s):

James Greene

Other key lawyers:

Testimonials

‘W&C has an excellent HY practice and have been active in the market almost since its inception in Europe. They are agile and have the ability to meet client’s often demanding needs in a commercial and time-efficient manner. They offer good value for money.’

‘James Greene is one of the best practitioners in the industry. Always responsive no matter the time of day and night and is able to navigate complex and stressful situations in a calm and efficient manner. He is a solution finder! No issue is too complex.’

‘The whole team at W&C are very easy to communicate with and are very knowledgeable within their areas of expertise. This makes me very confident that I am being advised in the correct manner.’

‘I have to highlight James Greene who has an unbelievable knowledge of HY markets. James gives advice in a clear and concise manner and has the whole respect of our team from advisory board level to the senior management team.’

‘Mastery of the subject matter; extraordinarily responsive; good client handling skills; clear advice – don’t hide behind the law, but give clear and concise advice, and cut through the “white noise” understand what the client wants and what its commercial drivers are.’

‘Subject knowledge, speed of advice, quality of advice, nothing is ever too much! Calm under pressure, very good at thinking on feet, strong work ethic, very responsive.’

‘Universal coverage of legal issues and worldwide presence and/or contacts and expertise.’

‘James Greene has in-depth expertise in finance and securities transactions. He takes a practical and commercial approach to issues. His team is staffed adequately to ensure work is delivered in a timely manner at reasonable cost. I would very highly recommend James for his professionalism and work ethic.’

Key clients

Encore Capital Group

Energean

JP Morgan

CVC Capital Partners

International Game Technology

BNP Paribas

Barclays

Ideal Standard

Adler Group

doValue

Deutsche Bank

Stifel Nicolaus Europe Limited

Work highlights

  • Representation of Goldman Sachs, as placement agent, and the investors in connection with a tap offering of €105 million senior secured floating rate notes due 2028 by Cedacri Mergeco S.p.A. The notes were offered and sold pursuant to Rule144A and Regulation S under the US Securities Act and listed on the Vienna Stock Exchange.
  • Representation of J.P. Morgan, Société Générale and Standard Bank and Joint Global Coordinators and Joint Bookrunners on the offering of US$420 million 7.375% Senior Notes due 2027 by Axian Telecom, a Mauritian telecommunications company, guaranteed on a senior basis by certain subsidiaries of Axian Telecom.
  • Representation of the initial purchasers on the debut €350 million sustainability-linked high yield bond offering by F.I.S. – Fabbrica Italiana Sintetici S.p.A.

Real estate > Commercial property: investment Tier 3

The multi-faceted practice at White & Case LLP ‘excels’ in the investment sphere, and regularly advises an array of clients on cross-border real estate transactions. With ‘great industry knowledge’, practice head James Dodsworth and James Johnson have thorough expertise in the data centre arena. Victoria Landsbert advises on the buyer, lender, and seller side on an assortment of development and investment matters, and Jane Bergin is knowledgeable of real estate financing. James Pullen is another key contact in the team.

Practice head(s):

James Dodsworth

Other key lawyers:

Testimonials

‘The team under the leadership of James Dodsworth has followed the emergence of the data centre industry as a separate investment class up close. The wider team excels in all aspects of this asset class, vastly exceeding capabilities provided by other firms.’

‘James Dodsworth has great industry knowledge.’

‘James Pullen stands out for his availability, problem solving and diligence.’

Key clients

Fenwick Limited

Crosstree Real Estate LLP

Starwood Capital Group

Westmont Hospitality

Antin Infrastructure Partners

Credit Suisse

The Red Sea Development Company (TRSDC)

Macquarie Asset Management

Matter Real Estate LLP

Work highlights

  • Advised Fenwick on the sale of its 130 year old iconic New Bond Street department store in the heart of London to the Lazari Group.
  • Advising funds managed by Oaktree Capital Management, L.P. on a joint venture.
  • Advised Crosstree Real Estate Partners on a mezzanine tranche on the the £772 million loan financing of the One Nine Elms project in London.

Risk advisory > Data protection, privacy and cybersecurity Tier 3

White & Case LLP’s team leverages the firm’s global network to provide a solid offering with an emphasis on cross-border matters, acting for large multinationals across the full range of advisory, regulatory, transactional, and contentious data, privacy, and cybersecurity mandates. Tim Hickman, singled out for his ‘unparalleled knowledge of the sector,’ leads the team and is recommended for his GDPR compliance expertise. Rory Hishon takes point on technology disputes, working alongside Jenna Rennie, while John Timmons is the key name for regulatory data protection litigation and cybersecurity incident response.

Practice head(s):

Tim Hickman

Other key lawyers:

Testimonials

‘Understands the law across multiple jurisdictions. Knows the answers straight away.’

‘Tim Hickman has unparalleled knowledge of his sector.’

‘White & Case provide comprehensive and pragmatic advice on complex legal matters.’

‘Responsiveness and business-oriented mindset.’

‘The team timely responded to our inquiries, completing the tasks and delivering good quality work products within appropriate amount of time.’

‘Besides strong knowledge of EU privacy laws, the counsel perfectly understands client’s expectations, reflectively reading back client’s questions to ensure he is in synch with client’s objectives.’

Key clients

Meta

Nestlé

MSI

AutoCruitment, LLC

AGCO

Getac

Verallia

Magnum Opus Acquisition Limited

Zimmer Biomet Holdings

KLDiscovery Limited

Work highlights

  • Representing Meta in major international matters involving high-profile privacy and data protection issues, as well as helping the Company navigate data protection requirements across the globe.
  • Providing extensive support and advice to Nestlé concerning compliance requirements.
  • Supporting MSI on a wide range of data protection compliance projects to help ensure that MSI is able to lawfully collect, analyse, and transfer personal data among its international operations.

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 3

Fielding a ‘very responsive and skilled’ outfit, the White & Case LLP white-collar practice has extensive experience of handling multi-jurisdictional investigations brought by domestic and global enforcement authorities in relation to bribery, money laundering, and tax evasion. The team collaborates closely with the firm’s dedicated EU and UK sanctions department, providing bespoke advice to corporations on sanction compliance measures, along with negotiating sanctions clauses in supply and trade agreements. Both Jonah Anderson and Anneka Randhawa head the group, with the former being an AML expert, and the latter addressing financial crime issues and criminal defence. Genevra Forwood focuses on financial sanctions, and counsel Joseph Carroll is also noted.

Practice head(s):

Jonah Anderson; Anneka Randhawa

Other key lawyers:

Genevra Forwood; Sara Nordin; Lawson Caisley; Joseph Carroll; Edward Pearson; Laura Higgins

Testimonials

‘Anneka Randhawa and Jonah Anderson continue to go from strength to strength at White & Case. Anneka is incredibly intelligent, has a structured and focused mindset and deep experience in conducting global investigations. Jonah is a master in the field of AML, with an ever growing reputation in this field.’

‘The White & Case team is very responsive and skilled in following complex multi-jurisdictional cases.’

‘Anneka Randhawa can quickly understand and address complex situations, including those where an understanding of foreign laws is required. She is also excellent at organising and managing the complex processes necessary when non-legal professionals (such as forensic specialists and expert witnesses) become necessary.’

‘Jonah Anderson is fast becoming an anti-money laundering expert and is the go-to lawyer on the subject for his clients.’

‘Anneka Randhawa has developed a particular expertise advising clients in the mining sector.’

‘Anneka Randhawa – intelligent and driven partner with good legal and practical sense.’

‘Jonah Anderson and Anneka Randhawa have done a brilliant job building a thriving corporate practice at White & Case, delivering commercial, pragmatic advice to sophisticated fintech and mining companies.’

‘Jonah Anderson is the guru in the London market on complex money laundering issues.’

TMT (technology, media and telecoms) > Fintech Tier 3

White & Case LLP‘s far-reaching fintech offering encompasses regulatory matters, data, financial crime and financial products. Among other strengths, the team is well regarded for its ability to support fast-growth point of sale firms as they develop their products. Jonathan Rogers, who heads up the UK fintech practice, has a proven track record in payments advice dating back to the passing of PSD1 in 2009. His London colleague Guy Potel is the global head of the fintech interest group and is well placed to advise on M&A work involving fintechs. Jonah Anderson’s transatlantic practice spans due diligence and emerging markets investigations. Helen Pantelides is well versed in growth equity mandates, while regulatory perimeter issues, corporate transactions, and interactions with regulators are among Mark Smith’s areas of expertise.

Practice head(s):

Jonathan Rogers; Guy Potel

Key clients

LHV

WorldRemit

SAMA

Celsius

Mercedes Pay

Meta

Prism

Amazon

Bud Financial

Pollinate

Work highlights

  • Acting for AS LHV Pank, an Estonian bank, on the transfer of its UK ‘banking as a service’ to a new UK subsidiary.
  • Advised WorldRemit on financial regulatory matters related to its international regulated business.
  • Advised the Kingdom of Saudi Arabia’s Central Bank to evaluate, advise on and draft the regulatory framework for open banking.

Corporate and commercial > EU and competition Tier 4

Praised as ‘highly experienced, incredibly pragmatic and entirely unflappable’, White & Case LLP‘s London team is well positioned to act for some of the world’s leading corporates on the full scope of competition law matters, including merger control, cartel investigations and state aid. The practice regularly works in collaboration with the firm’s global network on a steady stream of high-profile transactions. The ‘highly experienced’ practice head Marc Israel is praised by clients and peers alike for his expertise in complex multi-jurisdictional merger control proceedings. The team has been bolstered by the arrival of Michael Engel who joined from Kirkland & Ellis International LLP. Engel is noted for his expertise across the full spectrum of competition law, in particular advising on multi-jurisdictional merger reviews. Alexandra Rogers has left the practice to join Norton Rose Fulbright.

Practice head(s):

Marc Israel

Other key lawyers:

Michael Engel; James Killick; Genevra Forwood

Testimonials

‘The team provides advice in a very commercial way; they see the issues holistically.’

‘The team anticipates issues and is 3 steps ahead so clients can be prepared for any eventuality.’

‘Marc Israel provides advice in a clear way which is easy to digest and for business people to understand.’

‘The team at White & Case are highly experienced, incredibly pragmatic and entirely unflappable. They helped us to work through the issues in a methodical way and enabled us to reach a positive outcome. They always presented options when these existed to enable us to select the way forward that best suited our business, our budget and our appetite for risk.’

‘Marc Israel is highly experienced, very calm and adept at describing the issues and options in an easily digestible way. Marc’s experience enables him to exude confidence which in turn makes you as client more confident in the way forward.’

‘The firm’s breadth of experience – it has dealt with most situations before, which makes a big difference.’

‘The team is very proactive. It also seeks innovative solutions. It identifies potential issues and goes a step further in looking for solutions. The team also has excellent FDI capacity and a good network to call on in jurisdictions where they are not present.’

‘Marc Israel is excellent. His advice is spot on and practical. He is great to have on your side. He thinks with you and looks for creative solutions.’

Key clients

Amazon

Argus Media

Autoliv

Avast

Blackstone

Blue Water Energy

Bulgarian Energy Holding

Cobepa

CVC Capital Partners

Deliveroo

Eco-Bat

Google

Hill House

Iconix

Kobalt Music Group / AWAL

Lenovo

Macquarie Asset Management

Merck

Meta/WhatsApp

Micula

Mubadala

Nexans

NTN

Perwyn Capital

Pfizer Inc.

Seplat Energy

Servier

Synthetic Rubber

Synthos

Trainline

Work highlights

  • Advising AWAL, a leading provider of services to independent recording artists, on the CMA’s Phase 2 investigation into the sale of its recorded music operations to Sony Music Entertainment.
  • Advising Avast – a leading global provider of anti-virus software – in connection with its US$ 8.1 billion merger with NortonLifeLock to create a global leader in antivirus and consumer security.
  • Advising Symrise, one of the world’s leading fragrance producers, on cartel investigations in the UK, EU and US (as well as Switzerland).

Corporate and commercial > Financial services: non-contentious/regulatory Tier 4

White & Case LLP handles a broad range of mandates, from funds regulation, banking M&A, capital markets regulation, SFDR and anti-money laundering to fintech and payment services, ESG and market disclosure. Praised as an ‘excellent strategic and lateral thinker, combined with an ability to cut to the core issues and key risks facing clients’, practice leader Jonathan Rogers focuses on banking regulatory issues, technology transaction projects and fund structurings, as well as fintech and payment services matters. Other key contacts in the group include Kristen DiLemmo and counsel Laura Kitchen.

Practice head(s):

Jonathan Rogers

Other key lawyers:

Testimonials

‘Impressive coverage over all areas of financial services. Very responsive and hands on assistance and support for clients.’

‘Jonathan Rogers is an excellent strategic and lateral thinker, combined with an ability to cut to the core issues and key risks facing clients. Hands-on approach combined with gravitas and a clear, straightforward communication style means that the advice provided is incisive, pragmatic and solutions focused.’

Key clients

Crédit Agricole

Itau BBA International

Saudi Arabian Monetary Authority (SAMA)

Oaktree Capital

Amazon

Meta

WorldRemit

AS LHV Pank

Eurazeo

The Liquidity and Sustainability Facility (“LSF”)

Work highlights

  • Advising Crédit Agricole on cross-border regulatory matters.
  • Advised Itau Unibanco on a $500m capital injection into its UK subsidiary bank Itau BBA International plc.
  • Advising the Saudi Central Bank (SAMA) on regulatory matters.

Corporate and commercial > M&A: Upper Mid-Market And Premium Deals, £750m+ Tier 4

Working on UK, European and global deals out of its London office, the corporate M&A team at White & Case LLP has ‘excellent skills in M&A and premium deals.' The team regularly handles public company and financial services M&A, as well as technology transactions and investments for multinationals, banks, financial sponsors, UK plcs and hedge funds, across a range of sectors including energy and natural resources, mining and metals and pharmaceuticals.  Philip Broke, a corporate finance and high-end M&A expert, heads the team, which also includes Allan Taylor, who often advises clients in the natural resources sector. Shareholder activism specialist Tom Matthews is another key player in the team, alongside recently made up partner Sonica Tolani, who offers experience in Takeover Code and listing rule transactions across all industry sectors. The ‘extraordinary’ Hyder Jumabhoy, co-heads the financial services M&A practice, assisting with restructurings, disposals, joint ventures and business integrations. With a specialism in the technology sector, cross-border M&A lawyer Ian Ivory joined the team from BCLP in January 2023. Dominic Ross left to join Clifford Chance LLP’s corporate department in October 2022.

Practice head(s):

Philip Broke

Other key lawyers:

Allan Taylor; Tom Matthews; Sonica Tolani; Hyder Jumabhoy; Ian Ivory; David Lewis; Richard Wilson

Testimonials

‘The White & Case LLP team has excellent skills in M&A and premium deals. They are also strong in providing creative and workable solutions to unique/ first-time problems facing deals.’

‘The partners at White & Case are very knowledgeable and accessible. They work closely with clients to solve problems and push deals to completion.’

‘Given its size, W&C is in a position to advise on all legal matters related to an M&A transaction. We very much appreciated that one partner, Hyder Jumabhoy, coordinated everything but the entire staff was extremely friendly and helpful. W&C is a large law firm yet we found we were in a personal environment.’

‘Hyder Jumabhoy is just an extraordinary lawyer. It is a pleasure to work with him, since he is always available,  coordinates any legal issues, shows  leadership and is business-minded. He does not become obsessed by legal details but keeps in mind the clients’ business interests and navigates the client through negotiations and completion. As inhouse counsel it is just great to have such a lawyer.’

Key clients

Avast PLC

Brookfield Infrastructure

GSK PLC

Gorillas

Seplat Energy Plc

Triton Investment Management Limited

Derco Group

Tink

Nostrum Oil & Gas plc

Fenwick

Antin Infrastructure

Neste

Somoil

Ocean Outdoor

Work highlights

  • Represented Avast plc, the FTSE 100 global leader in digital security and privacy, on its US$9.2 billion merger with NortonLifeLock.
  • Represented Brookfield Infrastructure in connection with its £4.08 billion recommended offer for HomeServe plc, a home repairs and emergency services group with businesses across the UK, US, Europe and Asia.

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

White & Case LLP‘s diverse roster of sponsor clients – ranging from major PE houses to sovereign wealth funds and growth funds – turn to the ‘commercial and practical‘ team for its capabilities across a range of transactions, most recently in the tech, payment services, and healthcare sectors. Practice head Richard Jones is particularly noted for his capabilities across energy, real estate, and financial services, with recent engagements including multijurisdictional acquisitions in the renewables space. Ross Allardice is noted for his healthcare and life sciences work, while Kenneth Barry – a prolific adviser within the team – is praised by clients for his ‘unparalleled‘ deal expertise.  Other key figures include Will Summers, lauded for his ‘exceptional talent and dedication‘ on high-profile sponsor-side work, while Lucy Bullock is described by one client as an ‘extremely impressive‘ deal adviser, who works with some of the firm’s leading international clients.

Practice head(s):

Richard Jones

Testimonials

‘They are incredibly responsive and the team works together like a well-oiled machine. They are on top of most recent trends and deal technology and at same time they always maintain a commercial and practical approach.’

‘Ken’s expertise is unparalleled. His deep understanding of complex transactions and his ability to execute extremely quickly and efficiently set him apart from his peers. His strategic focus, combined with his exceptional negotiation skills, have consistently provided us with a competitive edge.’

‘Will’s rapid ascent is a testament to his exceptional talent and dedication. His sharp focus, attention to detail and pragmatism have consistently impressed us over the last 10 years.’

‘Very high quality team; diligent, commercial and a pleasure to work with.’

‘Lucy Bullock in particular is extremely impressive. She not only takes the time to understand complex structures but finds commercial solutions and is an exceptional negotiator.’

Key clients

Advent

Anchorage Capital Group

Antin

Ara Partners

Blackstone

Bluewater Energy

Caisse de dépôt et placement du Québec (CDPQ)

The Carlyle Group

CVC Capital Partners

Development Partners International

EQT

Eurazeo

Goldman Sachs

JP Morgan Infra Fund

Macquarie Group

Metric Capital

MidEuropa

Mubadala

Nets Holding A/S

Nordic Capital

Novator

Oaktree

One Equity Partners

Providence Equity Partners

QIA

Triton Partners

Work highlights

  • Representing Goldman Sachs Asset Management Division on its acquisition of a controlling stake in leading European specialty pharmaceuticals company Norgine BV.
  • Representing The Carlyle Group on its acquisition of a majority stake in international digital marketing agency Incubeta Holdings International Limited.
  • Representing Eurazeo SA on its £355 million investment of up to 34% of BMS Group Ltd, the United Kingdom based provider of products and solutions to the insurance and reinsurance industry and large commercial clients, valuing BMS at £1.75bn.

Dispute resolution > Public international law Tier 4

White & Case LLP‘s London team consistently litigates claims involving PIL issues. The firm's global PIL practice is headed by Andrea Menaker, who focuses exclusively on investment treaty arbitration; while fellow co-head of the London investment arbitration practice, David Goldberg, is experienced in representing sovereign states in high-stakes investor-state claims

Practice head(s):

Andrea Menaker

Other key lawyers:

David Goldberg; Agnieszka Zarówna

Testimonials

‘They have the mindset to perform at the highest level every day. This makes the practice unique.’

‘Agnieszka Zarówna has a high reputation in the arbitration community. She is strategic, cooperative, pragmatic and pleasant to work with. This allows her to build very positive and strong relationships with clients and fellow practitioners alike and to always seem in control of matters, no matter how challenging.’

‘An exceptionally experienced team.’

‘Andrea Menaker offers expertise and experience.’

Key clients

The Islamic Republic of Pakistan

The Republic of India

The Ministry of Foreign Affairs of Japan

The Republic of Peru

Kappes, Cassiday & Associates

Orazul International España Holdings

TECO Guatemala Holdings

JSC Tashkent Mechanical Plant

JSC National Bank for Foreign Economic Activity of the Republic of Uzbekistan

JSCB Asaka

JSCB Uzbek Industrial and Construction Bank

Kornikom EOOD

Work highlights

  • Representing the Islamic Republic of Pakistan in a rare ICSID post-award remedy, seeking to revise the largest damages award ever issued by an ICSID tribunal.
  • Representing the claimants (Daniel W Kappes and Kappes, Cassiday & Associates) in an ICSID arbitration against Guatemala under the DR-CAFTA, which relates to the suspension of operations at one of the claimants’ mines.
  • Defending India against an UNCITRAL investment arbitration brought by three shareholders of local company Devas Multimedia Privat.

Real estate > Environment Tier 4

The environment practice at White & Case LLP has strong abilities to assist its clients on matters including energy transition, renewable power, green and sustainable finance in addition to its work advising on the environmental aspects of large-scale transactions. It has a particular presence assisting on projects in the Saudi Arabian and UAE market. Michael Watson and counsel Tallat Hussain who has a specialism in ESG work, co-head the practice which was bolstered in October 2022 by the arrival of experienced environment consultant Anna Janas who joined the team from an in-house role.

Practice head(s):

Michael Watson; Tallat Hussain

Other key lawyers:

Key clients

Triton

Nine Saudi and regional banks

Macquarie Asset Management

Dakoa consortium of institutional investors

N+P Beheer B.V.

Investment firm focussed on the agricultural commodities

Stora Enso Oyj

Verallia

Antin Infrastructure Partners

Basalt Infrastructure Partners

Oaktree Capital Management

Sellagic Investments

Work highlights

  • Representing Triton in connection with its acquisition of utilities contractor OCU Group Limited involving a Term Loan B facility, an acquisition facility and a super-senior revolving credit facility.
  • Representing a consortium of nine Saudi and regional banks in connection with the approximately $2bn Shari’ah-compliant project financing of Advanced Polyolefins Industry Company’s petrochemical complex.
  • Representing Macquarie Asset Management on its purchase of a significant minority stake in Virtus Data Centres group from ST Telemedia.

Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals) Tier 5

White & Case LLP has ‘excellent breadth’ in its white-collar and investigations team, frequently advising clients in multi-jurisdicitonal criminal investigations relating to data, money laundering, and regulatory matters. The firm draws on its network of international offices to provide guidance to c-suite executives, high-net-worth individuals, and politicians subjected to proceedings conducted by domestic and foreign enforcement agencies, including the SFO, US DOJ, and FCA. Jonah Anderson and Anneka Randhawa co-head the team; Anderson, regarded by clients as ‘hardworking and strategic’, handles complex internal investigations, while the 'commercial and pragmatic' Randhawa is an expert on financial crime issues.

Practice head(s):

Jonah Anderson; Anneka Randhawa

Other key lawyers:

Edward Pearson; Laura Higgins; Lucy Rogers

Testimonials

‘This is a busy team with the ability to handle large and complex criminal and regulatory investigations.’

‘Jonah Anderson is excellent. He bring significant value to any case. His wide ranging experience means that he provides holistic advice. He also obtains a deep understanding of the client’s business and its needs. He is entirely client focussed, always available and clients find in Jonah a superb lawyer who can speak their language and act as a wise head.’

‘There is excellent breadth in the team covering everything from anti-money laundering advice through to complex internal investigations. The team is well led by Jonah and Anneka who are supported by an excellent team of juniors. The money laundering knowledge in particular within the team is second to none.’

‘Jonah Anderson is hardworking, strategic and incredibly user-friendly. He is always two steps ahead, able to see through the knotty weeds of an investigation. He is approachable but not to be underestimated.’

‘Jonah Anderson and Anneka Randhawa have done a brilliant job building a thriving practice at White & Case, delivering commercial and pragmatic advice to a number of high-net-worth individual clients.’

‘Jonah Anderson is the guru in the London market on complex money laundering issues. Ed Pearson and Lucy Rogers are fantastic associates.’

Work highlights

Corporate and commercial > Corporate tax Tier 6

Ghana > Foreign firms Tier 1

The accomplished team at White & Case LLP is led by senior partner Mukund Dhar, a member of the project development and finance team and head of the Africa interest group. The team has been active in key project developments and financings in the oil and gas, power, renewables, infrastructure and mining/metals sectors in Ghana. In addition, it is vastly experienced in water and wastewater treatment, technology and telecoms, as well as other areas such as pharmaceuticals and healthcare. Christopher Czarnocki is sought after for his work on a range of debt and equity finance transactions, while Joshua Siaw advises corporates, governments, banks and other financial institutions on cross-border project development and finance projects in Africa.

Practice head(s):

Mukund Dhar

Other key lawyers:

Testimonials

‘The White & Case team is efficient and knowledgeable. They go over and above to provide practical examples for their clients which makes it easy to work with them. I’d highlight Mukund Dhar and Chris Czarnoki’.

‘The team is super efficient with a great attitude towards work and their clients. They make difficult transactions easy to navigate‘.

Key clients

Chedid Capital

Republic of Ghana

Helios Investment Partners

Moove Africa B.V.

Work highlights

  • Providing ongoing representation of the Ministries of Finance and Energy of Ghana in connection with the monetisation of royalties payable to the state by companies operating in the gold commodity sector.
  • Representing Helios Investment Partners and Tema LNG Terminal Company in respect of the financing and project development of a liquefied natural gas terminal in Tema, Ghana, and related floating infrastructure vessels.
  • Representing the Republic of Ghana on the update of its global medium-term note (GMTN) programme, issuance thereunder of $3.25bn (in aggregate) notes and tender offer for outstanding notes.

India > Foreign firms Tier 1

With notable strength in capital markets, corporate and M&A, and disputes, the India practice at White & Case LLP acts for an impressive roster of high-profile international clients seeking to invest in India, as well as advising Indian clients on their investments abroad. Drawing on the firm’s large global network, the practice regularly handles cross-border India-related matters for multinational corporations and banks. London-based practice head Dipen Sabharwal KC is highly regarded for his international arbitration expertise and is triple-qualified in India, New York, and England and Wales. Nandan Nelivigi, in New York, is the key name for energy, projects, and infrastructure financing; Aloke Ray KC and Aditya Singh take point on large international arbitrations from London and Singapore, respectively.

Practice head(s):

Dipen Sabharwal KC

Other key lawyers:

Testimonials

‘The team is very knowledgeable and diligent.’

‘Sayak Maity gives very practical advice, is sharp and extremely hard-working. It helps more that he is always available for discussions and is very diligent.’

Key clients

Adani Enterprises Limited

Adani Road Transport Ltd.

Advent International

Apax India

Axis Capital

CLSA India

BofA Securities India Limited

Byju’s Pte. Ltd.

The Carlyle Group

Hillar Teder, Rauno Teder, Juri Pold, Retail Real Estate OU and Ekspert Kapital

ICICI Securities Limited

The Islamic Republic of Pakistan

General Atlantic

Jefferies India Private Limited

JM Financial Limited

JP Morgan India Private Limited

Kotak Mahindra Capital Company Limited

The Ministry of Foreign Affairs of Japan

Morgan Stanley India Private Limited

Reliance Industries Limited

The Republic of India

Sterlite Technologies Limited

Trukker

WizRocket, Inc.

Zip Co Limited

Work highlights

  • Represented Reliance Industries Limited and ADNOC in connection with a US$4bn petrochemical complex in Abu Dhabi, the first investment by Reliance in the region.
  • Represented Adani Enterprises Ltd in connection with a partnership between Adani and TotalEnergies to jointly create the world’s largest green hydrogen ecosystem, under which the intention is to invest upwards of US$50bn in green hydrogen and the associated ecosystem over the next 10 years.
  • Representing the Republic of India in various cases, including in an UNCITRAL investment arbitration brought against India by three shareholders of local company Devas Multimedia Private Limited.

China > Banking and finance: foreign firms Tier 2

Highly focused on making sure deals get done‘, White & Case LLP is consistently involved in sizeable Greater China finance transactions, and in addition to the firm’s widely respected lender-side work, the practice has significant borrower financing capabilities. The team is also increasingly active on behalf of alternative capital providers. In Beijing, David Li focuses predominantly on China inbound and outbound financing deals, and associate Cherry Zhou acts for Chinese and international financial institutions and borrowers on acquisition, corporate and project finance transactions. Over in Shanghai, senior consultant Frank Shu is experienced in acquisition, structured and real estate finance. Hong Kong-based Eugene Man, an expert in leveraged financing and structured private debt, leads the Asia-Pacific banking and capital markets practice, and Baldwin Cheng, who actively contributes towards the development of the firm’s sponsor-side financing practice, routinely acts for alternative capital providers and private equity funds.

Practice head(s):

Eugene Man

Other key lawyers:

Testimonials

‘The team is highly focused on making sure deals get done.’

‘Super-helpful in every way, always willing to go above and beyond, and responsive.’

‘They provide consistently high-quality legal advice – very technical and also commercially minded.’

‘Flexible on billing practices, and a strong bench of partners, counsel and associates.’

‘Eugene Man is extremely knowledgeable, and able to help banks and borrowers alike achieve fair deals. Always available and open-minded.’

Key clients

Advent International

Asian Development Bank

Barclays Bank

BDO Unibank

BNP Paribas

Brookfield Asset Management

Citigroup

CMOC Group

Deutsche Bank

Dignari Capital Partners (HK)

DigitalBridge Group

ICBC International Finance

International Finance Corporation

Oaktree Capital Management

RRJ Capital

TA Associates

Work highlights

  • Advised International Finance Corporation, Asian Development Bank, Deutsche Investitions- und Entwicklungsgesellschaft, and Société de Promotion et de Participation pour la Coopération Economique on a $150m syndicated blue loan for Bank of Qingdao.
  • Advised CMOC Group on a groundbreaking $600m bridge and five-year pre-export financing, arranged by China Construction Bank (Asia) Corporation.
  • Advised RRJ Capital on its recapitalisation buy-out merger of Singapore-based Fullerton Healthcare Corporation.

China > Corporate and M&A: foreign firms Tier 2

Angola > Foreign firms Tier 3

With experienced practitioners across Europe, the US, Latin America and Asia, White & Case LLP‘s cross-practice Angola group is sought after for advice on project development, credit facilities and arbitration proceedings. London-based partner Mukund Dhar leads the practice and is particularly active in African jurisdictions, where he often advises on oil and gas projects. In Paris, François-Guilhem Vaissier is a key project development and finance lawyer, while Charles Nairac and Christophe Von Krause are recommended for international disputes and investor-state arbitration.

Practice head(s):

Mukund Dhar

Other key lawyers:

Francois-Guilhem Vaissier; Charles Nairac; Christophe Von Krause

Key clients

PT Ventures SGPS, SA

Work highlights

  • Represented PT Ventures, a Portuguese telecoms company, in a number of interrelated proceedings in relation to its shareholding in Unitel.

Singapore > Projects: foreign firms

United States > Finance > Restructuring (including bankruptcy): corporate

Qatar > Commercial, corporate and M&A

White & Case LLP combines an extensive international network with a commanding presence in Qatar built over three decades, providing a genuine full-service corporate offering. The team is regarded as one of the best in the market for complex cross-border M&A mandates. Practice head Charbel Abou Charaf is instrumental in innovative commercial transactions in Qatar such as the first reverse acquisition of a public company.

Practice head(s):

Charbel Abou Charaf

Testimonials

‘They provide consistent quality and a broad range of practice capabilities. The team has a long-term and deep knowledge of the local market and the key players, whether corporate, financial and governmental.’

‘White & Case is the best international law firm in Qatar. They are strong and sophisticated in all areas they practice, including commercial, corporate & M&A.’

‘Michael Visser is a world-class M&A lawyer; very smart and highly responsive.’

‘White & Case are by far the best law firm in the region, with extraordinary expertise and responsiveness. They are always available and their advice is well structured, straight to the point and easy to understand.

‘When comparing White & Case to other law firms, it is clear that there is an overall better quality or work and a more efficient use of time and resources.’

‘I have worked on several matters with Charbel Abou Charaf, who is a truly internationally experienced lawyer and is very hard-working. He stands out for being commercially minded and for his ability to understand clients’ needs.’

Key clients

Qatar Investment Authority

Elegancia Group

Qatar Electricity & Water Company

United Development Company (UDC)

Es’hailSat

Credit Suisse

Qatar Petroleum

Qatari Diar

QatarEnergy

Ooredoo

United Arab Chemical Carriers Limited

Nasser bin Khaled Al Thani & Sons (NBK)

Supreme Committee for Delivery & Legacy

Barwa Real Estate

Katara Hospitality

Amwal LLC

Qatar Free Zone Authority

Work highlights

  • Advising on US$ 707million reverse acquisition of publicly-listed company Investment Holding Group Q.P.S.C. (“IHG”), through the acquisition by IHG of 100% of Elegancia Group WLL in consideration for shares in IHG (the “Transaction”).
  • Advised Ras Laffan Operating Company LLC (ROC), a subsidiary of Qatar Electricity & Water Company, in the US$530 million acquisition by ROC of 40% of Nebras Power from Qatar Holding.
  • Advised Ooredoo Group, a leading international telecommunications company headquartered in Doha, on the merger of PT Indosat Tbk (Indosat Ooredoo), an Indonesian subsidiary of Ooredoo Group, with PT Hutchison 3 Indonesia (H3I), an Indonesian subsidiary of CK Hutchison Holdings Ltd. This US$6 billion transaction was the largest outbound M&A deal involving Qatar announced in 2021. It closed January 2022.

Italy > Capital markets: Debt

White & Case (Europe) LLP‘s US, English and Italian DCM practice covers EMTN programmes, Eurobonds, private placements, high-yield bonds, Yankee bonds, and green, social and sustainable bonds. It also routinely advises on regulatory capital, hybrid securities, project bonds, liability management transactions, structured products, and derivatives. Giuseppe Barra Caracciolo and Gianluca Fanti are securitisation experts. Ferigo FoscariTommaso Tosi, Francesco Scebba, and Milan and London-based Michael Immordino and Evgeny Scirtò Ostrovskiy (a recent recruit from Kirkland & Ellis International LLP) are also DCM specialists. Pietro Magnaghi and Alessandro Picchi are experienced associates.

Practice head(s):

Giuseppe Barra Caracciolo; Gianluca Fanti; Ferigo Foscari; Michael Immordino; Tommaso Tosi; Francesco Scebba; Evgeny Scirtò Ostrovskiy

Other key lawyers:

Key clients

Acea

Adler Pelzer

Aéroports de la Côte d’Azur

Aeroporti di Roma

AMA

AMCO

Amissima Vita

Amplifon

Astaldi

ASTM

Atlantia

Atlas Capital Markets

Autogrill

Autostrade per l’Italia

Azimut

Banca Akros

Banca IMI

BC Partners

BFF Bank

Banca Ifis

Banca Popolare di Vicenza

Banco BPM

Bank of America Merrill Lynch

Barclays

Biverbanca

BNP Paribas

Cassa di Risparmio di Asti

Cassa di Risparmio di Biella e Vercelli – Biverbanca

Cedacri

Citigroup

Corporation America Italia

Crédit Agricole

Credit Suisse

Credito Fondiario

CVC Capital Partners

De’Longhi

Deutsche Bank

doBank

doValue

Enel and Enel X

Esselunga

E.s.tr.a.

European Investment Fund

Fire

FIS – Fabbrica Italiana Sintetici

Gamenet

Glennmont Partners

Goldman Sachs

GSO Capital Partners

GVS

Hippocrates Holding

Hoist Finance

HP Pelzer Group

HSBC

Ion Analytics, Ion Corporates, Ion Markets

Intercos

International Game Technology

IMA

Intesa Sanpaolo

Jefferies International

JP Morgan

Kedrion

Lone Star Funds

MARR

Mediobanca

Moncler

Morgan Stanley

MPS Capital Services

MotorK

Natixis

NatWest Markets

Oaktree Capital Management

Pemberton Asset Management

Philogen

Piaggio

Pininfarina

Pitagora

Plenitude

Reply

Republic of San Marino

SECO

Standard Chartered Bank

Ruffini Partecipazioni

Salcef Group

SIA

SICIT

Société Générale Corporate & Investment Banking

Società di Progetto Brebemi

TCP Lux Eurinvest

Technoprobe

Toscana Aeroporti

UBI Banca

UniCredit

Wind Tre

Work highlights

  • Advised Autostrade per l’Italia (as issuer) on a consent solicitation launched on nine series of outstanding bonds (guaranteed by Atlantia).
  • Advised BNP Paribas and Credit Suisse (as joint global coordinators and joint physical bookrunners) and Banca Akros – Gruppo Banco BPM, IMI-Intesa Sanpaolo and UniCredit (as joint bookrunners) on the debut issuance of €350m sustainability-linked senior secured notes by FIS- Fabbrica Italiana Sintetici.
  • Advised Goldman Sachs Bank Europe and other senior lenders on the restructuring and €150m increase of the senior tranche of Casavo’s securitisation programme.

Italy > Capital markets: Equity

White & Case (Europe) LLP‘s sizeable US, English and Italian team covers the gamut of ECM products, including IPOs, rights issues, secondary offerings, and accelerated book buildings (ABBs). Other areas of expertise are private investments in public equity (PIPEs) and equity-linked products, including exchangeable and convertible bonds. The key partners to note are Ferigo Foscari, whose recent track record includes large IPOs on the Italian market and New York-qualified lawyer Michael Immordino, who works in both Milan and London. IPO expert Piero de Mattia. Alessandro Picchi is an experienced associate.

Practice head(s):

Ferigo Foscari; Michael Immordino; Piero de Mattia

Key clients

Acea

Adler Pelzer

Aéroports de la Côte d’Azur

Aeroporti di Roma

AMA

AMCO

Amissima Vita

Amplifon

Astaldi

ASTM

Atlantia

Atlas Capital Markets

Autogrill

Autostrade per l’Italia

Azimut

Banca Akros

Banca IMI

BC Partners

BFF Bank

Banca Ifis

Banca Popolare di Vicenza

Banco BPM

Bank of America Merrill Lynch

Barclays

Biverbanca

BNP Paribas

Cassa di Risparmio di Asti

Cassa di Risparmio di Biella e Vercelli – Biverbanca

Cedacri

Citigroup

Corporation America Italia

Crédit Agricole

Credit Suisse

Credito Fondiario

CVC Capital Partners

De’Longhi

Deutsche Bank

doBank

doValue

Enel and Enel X

Esselunga

E.S.TR.A.

European Investment Fund

Fire

F I S — Fabbrica Italiana Sintetici

Gamenet

Glennmont Partners

Goldman Sachs

GSO Capital Partners

GVS

Hippocrates Holding

Hoist Finance

HP Pelzer Group

HSBC

Ion Analytics, Ion Corporates, Ion Markets

Intercos

International Game Technology

IMA

Intesa Sanpaolo

Jefferies International

JP Morgan

Kedrion

Lone Star Funds

MARR

Mediobanca

Moncler

Morgan Stanley

MPS Capital Services

MotorK

Natixis

NatWest Markets

Oaktree Capital Management

Pemberton Asset Management

Philogen

Piaggio

Pininfarina

Pitagora

Plenitude

Reply

Republic of San Marino

SECO

Standard Chartered Bank

Ruffini Partecipazioni

Salcef Group

SIA

SICIT

Société Générale Corporate & Investment Banking

Società di Progetto Brebemi

TCP Lux Eurinvest

Technoprobe

Toscana Aeroporti

UBI Banca

UniCredit

Wind Tre

Work highlights

  • Advising Plenitude on its IPO.
  • Advised Mediobanca and Intesa Sanpaolo, as joint global coordinators and joint bookrunners, on the IPO of Technoprobe ordinary shares on Euronext Growth Milan.
  • Advised Intercos on its Rule 144A and Regulation S IPO on Euronext Milan.

Qatar > Projects, real estate and construction

White & Case LLP offers one of the most dynamic and influential projects and construction practices in the Qatar market, sustaining a long relationship with QatarEnergy and being involved in some of the most significant oil and gas projects within the region. Michael Turrini and Payvand Vahdat are highly active when it comes to construction arbitration, as is counsel Verena Gross. Philip Stopford assists the team from London, having advised on oil and gas projects in the region for almost three decades. Anne-Marie Wicks left the firm in July 2023 to join Mayer Brown's Dubai 0ffice.

Practice head(s):

Philip Stopford; Michael Turrini; Payvand Vahdat

Testimonials

‘The team comprise a selection of lawyers with the highest intellect, who readily understand the issues and are alive to the vagaries of the construction and engineering industries. This enables them to comprehend at ease the matters in dispute and give considered thought as to how best to advise their clients.‘

‘They give robust, succinct and first class advice. The team consists of an equal mix of male and female lawyers, and comprise people of different nationalities, which helps, especially in international arbitration.’

‘Payvand Vahdat always takes a hands-on approach to international arbitration and gives sage advice.’

Verena Gross is extremely bright and great on disputes. Her ability to seamlessly digest information is tremendous, her drafting is first rate, as is her cross-examination skills. She successfully manages the entire process, much to the satisfaction of her clients.’

‘The team are experienced and always available to provide assistance on matters.’

‘Michael Turinni is always accessible and assists promptly with issues.’

Key clients

QatarEnergy

Qatargas Operating Company

Qatar Aluminium Limited (Qatalum)

Qatar Investment Authority

Supreme Committee for Delivery & Legacy

United Arab Emirates > Oil, gas and natural resources

White & Case LLP has an impressive oil, gas and natural resources practice that covers a broad spectrum of matters, including project development, M&A and corporate transactions, financing, capital markets and dispute resolution. Michael Watson is now based in London but remains active and has extensive experience advising on downstream, midstream, and power and water projects. Antoine Cousin, Adam Pierson, and Alexander Malahias are noted for their project financing expertise. Ivan Paskal focuses on equity and debt financings and restructurings in the oil and gas sector. Yasser Riad advises on the development and financing of energy transition projects, including on renewable energy mandates. Michael Turrini rounds off the leadership team.

Practice head(s):

Antoine Cousin; Alexander Malahias; Ivan Paskal; Adam Pierson; Yasser Riad; Michael Turrini; Michael Watson

Testimonials

‘The White & Case team are thought leaders in the industry. Their market expertise and knowledge of contemporary trends allows clients to stay ahead of their competitors and adapt to an ever changing regulatory and commercial environment.’

‘Besides their individual substantive knowledge, the ability of the White & Case team to work seamlessly across geographies and practice areas is what truly separates them from their competitors.’

‘Michael Watson, Adam Pierson, and Ivan Pascal are key partners to note.’

Key clients

Saudi Aramco

The Lenders to Advanced Polyolefins Company

Borealis AG

Zakher Marine International

United Arab Chemical Carriers Limited

ADES Group

Kentech Group

Work highlights

  • Advised Saudi Aramco on the US$12 billion hybrid acquisition, development and financing of a world-scale Integrated Gasification and Combined Cycle project in the Jazan Economic City, Kingdom of Saudi Arabia.
  • Represented Saudi Aramco in the US$15.5 billion sale and a lease and leaseback arrangement involving its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana Investment Company, the investment management arm of the General Organization for Social Insurance in Saudi Arabia.
  • Advised a consortium of nine Saudi and regional banks in connection with the approximately US$2 billion Shariah compliant project financing of Advanced Polyolefins Industry Company’s petrochemical complex.

Algeria > Foreign firms

White & Case LLP has longstanding experience in advising on complex disputes in North Africa. The firm advises high-profile international clients in the construction, infrastructure, energy and oil and gas sectors, with recent work including high-value disputes, financing work and contract negotiations. The team is led by Mukund Dhar, partner and head of the Africa interest group, and Christophe Von Krause, a commercial arbitration specialising in energy, construction and M&A, among other areas.

Practice head(s):

Mukund Dhar; Christophe von Krause

Key clients

Occidental Petroleum Corp (Oxy)

ADES International Holding

France > Construction

The practice at White & Case LLP works collaboratively with in-house teams to offer clients a broad-reaching scope of support on construction matters; international arbitration specialist Charles Nairac co-leads the cohort alongside François-Guilhem Vaissier. It is well-regarded for its advisory work and is notably experienced assisting on joint ventures between contractors from a variety of jurisdictions, and on projects across multiple industries, from nuclear to rail. It is also well-equipped to represent clients involving contractual re-negotiations, as well as damages and delays during projects; namely, the team’s work for WeBuild regarding the $5.5bn expansion of the Panama Canal, demonstrates its abilities in handling multi-faceted and high-profile work.

Practice head(s):

François-Guilhem Vaissier; Charles Nairac

Testimonials

‘Individuals in the team are clearly very qualified, they are responsible people who approach the most difficult situations intelligently.’

Key clients

The Republic of Georgia

Grupo Unidos por el Canal, S.A.

Pathé SA

ITER

Eiffage

Groupe ArcadeVyv

Vinci Construction

Caisse des dépôts

FGIS

Katara Hospitality

Work highlights

  • Representing Eiffage and Groupe Arcade-Vyv on the first concession contract granted in France for outsourced management of a housing estate owned by the Ministry of Armed Forces for a total amount of more than €7 billion.
  • Representing Grupo Unidos por el Canal S.A. and its international shareholders WeBuild, Sacyr S.A., and Jan De Nul N.V., in a dispute with the Panama Canal Authority relating to the $5.5bn Panama Canal expansion project.

Hong Kong > Structured finance and securitisation

White & Case represents a wide array of clients in both international and local derivatives matters, spanning pivotal markets across the Asia-Pacific region. The team’s prowess is notably showcased in its coverage of derivatives designed for investment and hedging objectives, particularly excelling in equity-related transactions, with key engagements involving leading banks such as Credit Suisse. Leading the team is the ‘proactive and very diligent’ Nathaniel Crowley, who boasts significant expertise in OTC derivatives, structured finance, and a range of lending transactions. Further bolstering the team is Xuan Jin, whose specialisation in debt capital markets is accentuated by niche proficiencies in sustainable finance and Islamic finance. This wide-ranging skill set extends beyond his representation of financial institutions to encompass sovereign entities, a testament to Jin’s versatile capabilities.

Practice head(s):

Nathaniel Crowley

Other key lawyers:

Testimonials

‘Very good structured products and repackagings experience.’

‘Nathaniel Crowley is very proactive and very diligent.’

Key clients

Asian Infrastructure Investment Bank

Australia New Zealand Banking Corporation

BNP Paribas Hong Kong

Charoen Pokphand Group

Credit Agricole Corporate and Investment Bank

Credit Suisse Hong Kong Branch

EIG Global Energy Partners

SMBC Hong Kong Branch

Societe Generale Hong Kong

Timemerchant Capital

Work highlights

  • Advising MidOcean Energy on its proposed acquisition of Origin Energy Limited in consortium with Brookfield Transition Fund.
  • Advised Asian Infrastructure Investment Bank on its investment in US$404.8m Infrastructure Asset-Backed Securities sponsored by Hong Kong Mortgage Corporation.
  • Advised BNP Paribas as sole arranger, initial purchaser and swap counterparty on a Korean credit card securitisation in respect of assets originated by Hyundai Card Co. Ltd.

South Korea > International arbitration

White & Case LLP (Foreign Legal Consultant Office)‘s international disputes practice specialises in construction work, handling high-profile and complex contentious work for a range of major Korean contractors and clients. The team is spearheaded by Singapore-based Matthew Secomb, who handles a range of commercial disputes, while the team advises on strategic and transaction-linked disputes, and contentious matters for blue-chip clients. Another key team member is London-based David Robertson, another construction expert, who also handles work for engineering, energy, and infrastructure projects.

Practice head(s):

Matthew Secomb

Other key lawyers:

Testimonials

 

 

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Photo Name Position Profile
Charbel Abou Charaf photo Charbel Abou Charaf Partner
Deji Adegoke photo Deji Adegoke Partner
Kamran Ahmad photo Kamran Ahmad Partner
Ross Allardice photo Ross Allardice Partner
Phillan Amin photo Phillan Amin Associate
Jonah Anderson photo Jonah Anderson Partner
Edward Attenborough photo Edward Attenborough Partner
Kamilla Azamat photo Kamilla Azamat Partner
David Baker photo David Baker Partner
Ellis Baker photo Ellis Baker Partner
Ashley Ballard photo Ashley Ballard Partner
Charles Balmain photo Charles Balmain Partner
Kenneth Barry photo Kenneth Barry Partner
Monica  Barton  photo Monica Barton Partner
Elizaveta Bazarova photo Elizaveta Bazarova Partner
Justin Benson photo Justin Benson Partner
Lis Blunsdon photo Lis Blunsdon Counsel
Oliver Brettle photo Oliver Brettle Partner
Jonathan Brierley photo Jonathan Brierley Partner
Philip Broke photo Philip Broke Partner
Tony Brown photo Tony Brown Partner
Paul Brumpton photo Paul Brumpton Partner
Lucy Bullock photo Lucy Bullock Partner
Alan Burke photo Alan Burke Partner
Victoria Burton photo Victoria Burton Partner
Melissa Butler photo Melissa Butler Partner
Lawson Caisley photo Lawson Caisley Partner
Rebecca Campbell photo Rebecca Campbell Partner
Lindsey Canning photo Lindsey Canning Partner
Simon Caridia photo Simon Caridia Partner
Joseph Carroll photo Joseph Carroll Counsel
Mark Castillo-Bernaus photo Mark Castillo-Bernaus Partner
Nicola Chapman photo Nicola Chapman Partner
Ian Clark photo Ian Clark Partner
Anthony Colegrave photo Anthony Colegrave Partner
Clare Connellan photo Clare Connellan Partner
Will Corbett-Graham photo Will Corbett-Graham Associate
Tessa Crosby photo Tessa Crosby Associate
John Cunningham photo John Cunningham Partner
Christopher Czarnocki photo Christopher Czarnocki Partner
Ben Davies photo Ben Davies Partner
Mukund Dhar photo Mukund Dhar Partner
Kristen DiLemmo photo Kristen DiLemmo Partner
James Dodsworth photo James Dodsworth Partner
Jeremy Duffy photo Jeremy Duffy Partner
Gareth Eagles photo Gareth Eagles Partner
Michael Engel photo Michael Engel Partner
Inigo Esteve photo Inigo Esteve Partner
Tom Falkus photo Tom Falkus Partner
Adam Farrell photo Adam Farrell Counsel
James Foo photo James Foo Associate
Martin Forbes photo Martin Forbes Partner
Emma Foster photo Emma Foster Partner
David Goldberg photo David Goldberg Partner
Nicholas Greenacre photo Nicholas Greenacre Partner
James Greene photo James Greene Partner
James Hardy photo James Hardy Partner
Colin Harley photo Colin Harley Partner
James Hart photo James Hart Associate
Raif Hassan photo Raif Hassan Counsel
Tim Hickman photo Tim Hickman Partner
Katie Hicks photo Katie Hicks Partner
Richard Hill photo Richard Hill Partner
Rory Hishon photo Rory Hishon Partner
James Holden photo James Holden Partner
Monica Holden photo Monica Holden Partner
Tallat Hussain photo Tallat Hussain Counsel
Michael Immordino photo Michael Immordino Partner
Marc Israel photo Marc Israel Partner
Ian Ivory photo Ian Ivory Partner
James Johnson photo James Johnson Partner
Emmie Jones photo Emmie Jones Partner
Richard Jones photo Richard Jones Partner
Helen Joseph photo Helen Joseph Partner
Justin Jowitt photo Justin Jowitt Partner
Hyder Jumabhoy photo Hyder Jumabhoy Partner
George Kazakov photo George Kazakov Partner
Kate Keilliher photo Kate Keilliher Associate
Jessica Kemp photo Jessica Kemp Partner
Jason Kerr photo Jason Kerr Partner
Laura Kitchen photo Laura Kitchen Associate
Darina Kogan-Bellamy photo Darina Kogan-Bellamy Partner
Victoria Landsbert photo Victoria Landsbert Partner
David Lewis photo David Lewis Partner
Margot Lindsay photo Margot Lindsay Partner
Richard Lloyd photo Richard Lloyd Partner
Doron Loewinger photo Doron Loewinger Counsel
Ferdinand Mason photo Ferdinand Mason Partner
Peter Mason photo Peter Mason Partner
Tom Matthews photo Tom Matthews Partner
Stuart Matty photo Stuart Matty Partner
Shane McDonald photo Shane McDonald Partner
Chris McGarry photo Chris McGarry Partner
Jarlath McGurran photo Jarlath McGurran Partner
Gavin McLean photo Gavin McLean General Counsel
Jane McQuillan photo Jane McQuillan Associate
Andrea Menaker photo Andrea Menaker Partner
Eric Michailov photo Eric Michailov Partner
Caroline Miller Smith photo Caroline Miller Smith Partner
Paddy Mohen photo Paddy Mohen Associate
Mark Moody photo Mark Moody Partner
Sudhir Nair photo Sudhir Nair Partner
Kevin Ng photo Kevin Ng Partner
Robert Nield photo Robert Nield Partner
Judith Olloh photo Judith Olloh Associate
Paul Oumade-Singh photo Paul Oumade-Singh Associate
Helen Pantelides photo Helen Pantelides Partner
Jonathan Parry photo Jonathan Parry Partner
Claire Patrick photo Claire Patrick Associate
Christian Pilkington photo Christian Pilkington Partner
Richard Pogrel photo Richard Pogrel Partner
Guy Potel photo Guy Potel Partner
Tom Pound photo Tom Pound Partner
James Pullen photo James Pullen Partner
Carina Radford photo Carina Radford Partner
Morvyn Radlow photo Morvyn Radlow Partner
Sandra Rafferty photo Sandra Rafferty Partner
Rishi Raheja photo Rishi Raheja Associate
Anneka Randhawa photo Anneka Randhawa Partner
Aloke Ray KC photo Aloke Ray KC Partner
Jenna Rennie photo Jenna Rennie Partner
Mark Richardson photo Mark Richardson Partner
David Robertson photo David Robertson Partner
Jonathan Rogers photo Jonathan Rogers Partner
John Rogerson photo John Rogerson Partner
Jeffrey Rubinoff photo Jeffrey Rubinoff Partner
Dipen Sabharwal KC photo Dipen Sabharwal KC Partner
Neha Saran photo Neha Saran Partner
Patrick Sarch photo Patrick Sarch Partner
Andrew Scott photo Andrew Scott Associate
Lisa Seifman photo Lisa Seifman Partner
Tim Sheddick photo Tim Sheddick Partner
Stephen Shergold photo Stephen Shergold Partner
Joshua Siaw MBE photo Joshua Siaw MBE Partner
Emiko Singh photo Emiko Singh Associate
Laura Sizemore photo Laura Sizemore Partner
Mark Smith photo Mark Smith Associate
Will Smith photo Will Smith Partner
Anna Soroka photo Anna Soroka Associate
Laetitia Souesme photo Laetitia Souesme Partner
Stephanie Stocker photo Stephanie Stocker Partner
Will Stoner photo Will Stoner Partner
Philip Stopford photo Philip Stopford Partner
Will Summers photo Will Summers Partner
Adam Tahsin photo Adam Tahsin Partner
Anthony K. Tama photo Anthony K. Tama Partner
Allan Taylor photo Allan Taylor Partner
Suzanne Thomson photo Suzanne Thomson Counsel
John Timmons photo John Timmons Partner
Sonica Tolani photo Sonica Tolani Partner
Philip Trillmich photo Dr Philip Trillmich Partner
Swati Tripathi photo Swati Tripathi Partner
Daniel Turgel photo Daniel Turgel Partner
James Turner photo James Turner Partner
Ian Wallace photo Ian Wallace Partner
Michael Watson photo Michael Watson Partner
Michael Weir photo Michael Weir Partner
Catherine West photo Catherine West Associate
Robert Wheal photo Robert Wheal Partner
David Wright photo David Wright Counsel
Man Hay Yip photo Man Hay Yip Associate
Ingrid York photo Ingrid York Partner
Di Yu photo Di Yu Partner
Agnieszka Zarówna photo Agnieszka Zarówna Associate
Ben von Maur photo Ben von Maur Partner

The Legal 500 Future Lawyers Verdict

White & Case is ‘global, not just in terms of the work and clients, but also its people, and the opportunity trainees have to work in other offices across the globe’. The firm is ‘US headquartered, but with a great reputation in London and worldwide’ and offers a ‘wide range of practices’, ‘high-value, market-leading deals’ and ‘amazing financial remuneration’. A ‘guaranteed international secondment’ is also part of the enviable package. It follows that White & Case has amassed six Future Lawyers Winner trophies this year. The diversity of the workforce was a theme that many respondents touched upon: the firm is ‘incredibly diverse, and this diversity is reflected all the way up to partner level’. There is also an ‘open-door policy’ and a ‘genuinely nice culture’, where trainees feel ‘involved in the team and encouraged to contribute to business and client development from the outset’. What’s more, training is ‘rigorous and structured’, with a ‘very intensive front-loaded and ongoing regime’ in place. Another big plus point is the ‘free breakfast lunch and dinner, including free Deliveroo after 8 pm!’. One of the things trainees don’t like about White & Case is the ‘inconsistency of work/life balance’, and although this is ‘to be expected from a top law firm’, there’s no denying that ‘the expectation to be online around the clock at times’ can take its toll. ‘Repeated weekend work’ and ‘late nights with filings’ are examples of times when trainees have felt overstretched. Much more fulfilling were ‘presenting a case update to the department (London and abroad)', ‘taking the reins on drafting large sections of a shareholders agreement’, and ‘conducting a mock witness cross-examination'. To work for a ‘friendly, diverse, global giant’ where the ‘nature of all the work is cross border’ consider White & Case.