Winston & Strawn LLP > London, England > Firm Profile

Winston & Strawn LLP
CITYPOINT
ONE ROPEMAKER STREET
LONDON
EC2Y 9AW
England

Finance > Transport finance and leasing Tier 3

The ‘commercially savvy, well-resourced, proactive and highly approachable’ two-partner team at Winston & Strawn LLP has a particularly strong reputation advising commercial banks and ECAs across a range of aviation finance mandates, running the gamut from fairly conventional arrangements, through to highly structured ones. Working alongside practitioners from the firm’s New York office, ‘very client-focused‘ team head Mark Moody has been particularly active of late advising ECAs and banks as creditors on numerous Latin American airline restructurings which filed for Chapter 11 bankruptcy protection in the US. The ‘outstanding’ Alison Weal is also recommended and has an ‘incredible depth of knowledge and insight‘ across both aviation and shipping finance mandates.

Practice head(s):

Mark Moody

Other key lawyers:

Alison Weal; Rishi Raheja; James Turner

Testimonials

The team is client-focused and solutions-oriented.’

The unique capabilities of this practice are that the Winston & Strawn team is able to provide us with a consistent high quality global service at all points in the market cycle, whether that be leading on new structured finance products or advising on defaults, restructurings and repossessions or just plain vanilla financings.’

‘The team is commercially savvy, well resourced, proactive and highly approachable.’

‘The aviation team is highly capable and combines a deep experience of the market with a pragmatic and commercial approach. They have a particular expertise in providing lender-side advice.’

Mark Moody is very client-focused and a joy to deal with.’

Mark Moody has deep aviation experience, both working with the ECAs as well as multi-jurisdictionally as lender’s counsel. He is pragmatic, commercial but at the same time collegiate.’

Alison Weal is an outstanding lawyer, with incredible depth of knowledge and insight.’

Rishi Raheja is now an up-and-coming senior in this group. He is very knowledgeable and now effectively leads many of our joint engagements from the firm’s perspective.’

Key clients

Aviation Capital Group

BNP Paribas

BP America, Inc.

CIAF Leasing

Comarco Indian Ocean Ltd.

Deutsche Bank

European Export Credit Agencies (UK Export Finance, Bpifrance, Euler Hermes)

Finnair Oyj

Pratt & Whitney

Specialised Vessel Services Ltd.

Work highlights

  • Advised the European export credit agencies in the Chapter 11 bankruptcy case of LATAM Airlines Group, and related impact on the financing arrangements of more than 65 Airbus A320 aircraft.
  • Advised Aviation Capital Group on the securitisation of a portfolio of 24 Airbus A320 and Boeing 737 aircraft.
  • Advised BNP Paribas in the Chapter 11 bankruptcy case of LATAM Airlines Group and related impact on the financing arrangements of several Airbus A350 and A320 aircraft.

Corporate and commercial > M&A: lower mid-market deals, £50m-£500m Tier 4

Winston & Strawn LLP works with a diverse roster of publicly-listed UK and overseas clients on transatlantic acquisitions, divestments, and reverse takeovers. Helmed by corporate and finance lead Zoë Ashcroft, the team has capitalised on the explosion in SPAC activity, while also continuing to work with a number of family offices, consumer goods companies, and sports organisations on a range of high-value, cross-border deals. Nicholas Usher is a key contact for a number of the firm’s key US corporate clients, including major telecom and IT service providers. Paul Amiss is recommended for his experience in AIM-listed public offerings and family office investments.

Practice head(s):

Zoë Ashcroft

Other key lawyers:

Nicholas Usher; Paul Amiss

Testimonials

‘The Winston & Strawn  legal practice is unique and remains consistently exceptional. I very much appreciate their effective, non-ego-driven, client focused approach to legal negotiations.’ 

‘Zoe Ashcroft is excellent.’

‘Great client service and delivery leading to excellent value for money for the client. They are experienced at complex cross border transactions for large international clients and are able to offer commercial advice underpinned by excellent technical skills.’

‘Paul Amiss is super responsive, user friendly and very pragmatic.’

Key clients

Acceleration Partners

Athos Solar

Blackrock

Corrum Capital

DHL Express

General American Capital Partners

Hudson Hill Capital

Longshore Capital Management

Motorola Solutions

NextEnergy

Parabolic Digital Holdings Ltd

SCP Medical Products

SF Holding Corp

Sun Capital Partners Limited

Underwriters Labs

Volery Capital

Water Street Healthcare

Work highlights

  • Represented special purpose acquisition company Broadstone Acquisition Corp.  in its initial public offering of 30,000,000 units at a price of $10.00 per unit.
  • Represented Motorola Solutions on its take private of IndigoVision plc.
  • Represented Hudson Hill on its leveraged buy-out of InXpress Holdings, a UK based global provider of courier services to SMEs.

Corporate and commercial > Private equity: transactions - mid-market deals (up to £250m) Tier 4

Winston & Strawn LLP stands out for its work advising US-based private equity clients, including Hudson Hill, Longshore Capital, and Water Street Healthcare, on transactions involving European companies. As well as handling buyouts, the team also counsels clients on disposals and bolt-on transactions. Paul Amiss and Nicholas Usher lead the team; Amiss acts for PE houses and family offices on cross-border mandates as well as advising founders and entrepreneurs on sales. Usher is noted for his active practice advising American funds entering the UK market. Ian Borman  is the name to note on the financing side.

Practice head(s):

Paul Amiss; Nicholas Usher

Other key lawyers:

Testimonials

‘The Winston team is both innovative and collaborative. They are at the forefront of developments such as the use of SPACs, have strength within the London market and have a very impressive team across the US.’

‘High technical capability, strong work ethic, very professional, great culture of problem solving and polite to deal with.’

‘Paul Amiss and Ian Borman are well-established partners with a great reputation. Nicholas Usher has a great deal of experience on public deals, which shows when you work with him.’

Key clients

ACON Investments

Blackrock Investment Management

Capdesia Group Limited

General American Capital Partners

Group Emera

Hudson Hill Capital

Kainos Capital

Longshore Capital

Stephens Capital Partners

Upper90 Capital Management

Volery Capital Management LLC

Water Street Healthcare Partners

Work highlights

  • Advised French care group Emera in its acquisition of a majority stake in Irish nursing homes operator Virtue Group.
  • Represented Hudson Hill Capital on its acquisition of a majority stake in InXpress Holdings Ltd, an international logistics franchisor serving customers through a network of almost 500 franchises in 14 countries.
  • Represented Capdesia Group Limited on their platform investment in Wasabi restaurants.

Dispute resolution > International arbitration Tier 4

Winston & Strawn LLP’s team undertakes both commercial and investor-state arbitrations. International commercial arbitration specialist Michael Stepek focuses on disputes involving the control of corporate entities, foreign direct investments, concession agreements, infrastructure projects, and joint ventures in the energy, mining, telecoms and transportation industries. Matthew Bate has longstanding international arbitration experience, while Ben Bruton assists with financial services, energy and shipping disputes, and Daniel Meagher acts in arbitrations under many of the leading arbitration rules. Suzanne Labi and Salah Mattoo are experienced associates.

Practice head(s):

Michael Stepek

Testimonials

The firm has real depth in international arbitration, delivering a sophisticated work product consistently throughout a case, and achieving tangible results.

Great team to work with at Winston & Strawn.

The group is a very strong and multinational practice, and handles a wide variety of arbitration work.

Very strong, motivated and efficient.

Matthew Bate is hugely capable and a delight to work with.

Ben Bruton is highly efficient, responsive and excellent at managing clients’ expectations on complex matters, and he has a track record of building very strong relationships.

An excellent partner is Ben Bruton, supported by great team members, including associate Salah Mattoo.

Daniel Meagher in London is exceptionally good, and someone who can take on any matter with aplomb.

Key clients

Century Bridge Capital

Dominion Minerals Corp

Eskosol

Maritech International

Work highlights

  • Represented Dominion Minerals Corp in its claims against the Republic of Panama, arising out of Dominion’s investment in a copper and gold concession in western Panama.
  • Represented an industrial paint manufacturer in a high-value product liability claim brought by a major shipowner.
  • Represented a major online food retailer in an arbitration to determine ownership and control of an online food delivery operation.

Finance > Bank lending: investment grade debt and syndicated loans Tier 4

Although it is less active than many higher ranked peer firms in relation to either the global loans or UK-based investment grade syndicated loans markets, Winston & Strawn LLP adds value to international lenders and corporates on complex/bespoke multi-jurisdictional financings, which require a partner-led service and a practical understanding across a variety of debt products. Appreciated by clients for his 'work ethic and willingness to go the extra mile', Ian Borman has worked tirelessly for numerous UK-based corporates of late on restructuring and refinancing efforts exacerbated by the Covid-19 pandemic. Borman co-heads the five-partner finance team alongside Zoë Ashcroft, who is noted for her niche specialism advising sub-Saharan corporate borrowers.

Practice head(s):

Zoë Ashcroft; Ian Borman

Other key lawyers:

Monica Barton; Daniela Cohen

Testimonials

All the individuals with whom we have worked have all been of a high calibre and integrity.’

Besides being an exceptionally experienced and smart corporate finance lawyer, what sets Ian Borman apart is his business acumen, work ethic and willingness to go the extra mile to accommodate his clients.’

Key clients

Bank of Ireland

Hudson Hill Capital

Brintons Carpets

Cycle Pharmaceuticals Limited

Wasabi Restaurants

Beck & Pollitzer Engineering

Leon Restaurants

Hiscox Plc

Work highlights

  • Represented Cycle Pharmaceuticals in connection with a pre-IPO financing by Deutsche Bank, including the issue of warrants.
  • Represented Hudson Hill Capital, a New York based private investment firm, in the acquisition of a majority stake in InXpress Holdings Ltd. (“InXpress”), in partnership with the company’s senior management team.
  • Represented Wasabi Sushi Bento and their sponsor, Capdesia, in connection with the financing aspects of their financial restructuring of Wasabi in connection with the challenges brought on by Covid-19.

Transport > Aviation Tier 4

US firm Winston & Strawn LLP's London office advises aviation sector clients on the full range of regulatory and commercial matters, including acquisitions, financing and leasing. In recent years the team has been building up its aviation finance-related litigation practice. Practice leader Mark Moody focuses on cross-border aviation disputes and commercial matters.

Practice head(s):

Mark Moody

Other key lawyers:

Michael Stepek; Dan Meagher

Testimonials

‘A strong and knowledgeable team handling aviation disputes.’

‘Michael Stepek and Dan Meagher have a great depth of expertise handling major clients in this field.’

Key clients

Aviation Capital Group

Deutsche Bank

BNP Paribas

UK Export Finance

Euler Hermes Aktiengesellschaft

Bpifrance Assurance Export

Work highlights

  • Secured a multimillion-dollar judgment from the English High Court on behalf of Aviation Capital Group for two Boeing 737 aircraft to Norwegian Air Shuttle.

TMT (technology, media and telecoms) > Sport Tier 5

US firm Winston & Strawn LLP continues to develop its sports practice in the UK and across Europe, with particular emphasis on finance, corporate, competition, governance and athlete rights matters. A key distinguisher for the firm is its alliance with the British Athletes’ Commission which sees it engaged for an array of athlete welfare, performance development, funding, selection, classification and agreement mandates. Peter Crowther, an ‘always available and well-researched ’ competition specialist, fronts the practice and also serves as managing partner of the firms' London and Brussels offices.

Practice head(s):

Peter Crowther

Other key lawyers:

Lisa Hatfield

Testimonials

‘Strong understanding of sport while providing invaluable insight and learnings.’

‘Peter Crowther is always available and provides strong, well-researched advice.’

Key clients

British Athletes’ Commission

General American Capital Partners (GACP) / Bordeaux Football Club

Blake Leeper

Professional Footballers’ Association

Work highlights

  • Provide ongoing legal advice to the British Athletes’ Commission in relation to various issues affecting the elite-level athletes represented by the BAC including high-profile duty of care in sport issues, selection issues, doping allegations and the ability of Olympic athletes to commercialise their performance.
  • Continues to advise the Professional Footballer’s Association in its ongoing efforts to implement a restructuring in a manner which ensures the confidence of the public and its members in its processes, in compliance with its revised rules and applicable trade union legislation. The team is also advising the PFA on competition matters related to restrictions on football clubs imposed by the EFL.
  • Representing Blake Leeper, the American double-amputee track-and-field athlete, in an appeal from the Court of Arbitration for Sport in connection with his application seeking approval to compete in World Athletics-sanctioned events, including the Olympic Games, while using his prosthetics, and to have his results listed alongside those of able-bodied athletes.

Corporate and commercial > EU and competition Tier 6

Winston & Strawn LLP regularly handles competition issues at EU level, and has a proven record of appearing before the European Commission, EU Member State authorities, and the European community courts. Clients appreciate that the team is ‘very well coordinated with Winston’s New York and DC offices’ and able to advise in multijurisdictional merger filings. Peter Crowther is managing partner of the London and Brussels offices and assists with trade and sanctions issues in addition to competition law.

Practice head(s):

Peter Crowther

Other key lawyers:

Lisa Hatfield

Testimonials

The team has an impressive grasp of the application of competition law to sporting matters, with an ability to distinguish the facts from unhelpful precedent to construct strong arguments. The team also has capacity to deliver outstanding work in time sensitive matters.’

Peter Crowther is not afraid to give his informed opinion on matters and will not just say what you want to hear. He will also go over and above what is necessary and understands the financial position of the client – billing efficiently.

The team is very well coordinated with Winston’s New York and DC offices, and their strengths stand out in international cartel investigation matters when investigations occur in UK, Europe and USA at the same time.’

Peter Crowther is very reliable, his advice is practical and has a very client-friendly attitude.’

Key clients

Hitachi Metals Ltd.

XL Catlin

Professional Footballers’ Association

Liberty Specialty Markets

Silgan Holdings, Inc.

Motorola Solutions

Work highlights

  • Advised Silgan Holdings Inc on the proposed acquisition of the dispensing business of Albea.
  • Advised Motorola Solutions on its take-private of publicly listed UK based video security firm, IndigoVision.
  • Advising the PFA on competition law in relation to changes to the League One and League Two football rules.

Dispute resolution > Commercial litigation: premium Tier 6

Winston & Strawn LLP‘s litigation team is ‘exceptionally strong in the international space‘. It frequently represents US clients in English litigation and collaborates closely with the firm’s Moscow office on disputes arising out of Russia. Practice head Ben Brutonhas real expertise in disputes which involve a UAE element‘. The group also counts transport, including aviation, disputes among its specialisms.

Practice head(s):

Ben Bruton

Other key lawyers:

Michael Stepek; Daniel Meagher

Testimonials

Exceptionally strong in the international space because of their US presence. I have done numerous cases in England in which it has been invaluable to have US input. Where cases have involved both UK and US elements, the firm has worked very effectively to manage the litigation in both jurisdictions. I know them for very heavy and high value litigation.’

A client-focused and savvy litigation team which can handle the largest dispute resolution matters.’

A talented team who combine deep knowledge of the industry with very efficient dispute resolution skills.

Great cooperation with the internal and full external team when handling remote Dispute Resolution proceedings and time zone challenges.’

Ben Bruton is excellent and is supported by a great team.’

Ben Bruton has strong links to Dubai and spent many years there. He has real expertise in disputes which involve a UAE element, which are being seen increasingly in the English Courts.

Dan Meagher is very quick, very sensible and a delight to work with. He always gets the issues in the case very quickly.

Ben Bruton brings a cool head and considerable skill in leading his team to help find the right solution for his client. His calm demeanour masks a steely resolve that ensures he prevails.’

Work highlights

  • Represented a major US-based client which owns and leases aircraft in a claim against a European low-cost airline for failure to pay rent due under the lease agreements. This was one of the first major pieces of litigation in the aviation sector arising out of the pandemic.
  • Represented a Chicago-headquartered aircraft component supplier as sole counsel in Commercial Court proceedings against a European airline relating to payment and charges.
  • Successfully represented an international ship owner in a claim in the Commercial Court against a Nigerian-based charterer following a collision in Nigerian waters leading to a vessel’s constructive total loss.

Corporate and commercial > Corporate tax

Ed Denny heads up the recently formed London tax practice at Winston & Strawn LLP, which has an active presence in the private equity space, particularly transactions that involve US offshore investments into the UK and European healthcare, technology and renewables industries.

United States > Dispute resolution > Product liability, mass tort and class action - defense: pharmaceuticals and medical devices Tier 3

Winston & Strawn LLP continues to demonstrate its ability to take on a leading role in mass torts with its defence of pharmaceutical companies in opioid litigation as well as in the Abilify litigation, an MDL related to antipsychotic medication. The team, which is notable for its trial expertise, includes acclaimed product liability lawyer Dan Webb and is co-chaired by Washington DC-based Matthew Campbell and Sandra Edwards, who is located in San Francisco.

Practice head(s):

Matt Campbell; Sandra Edwards

Other key lawyers:

Bryce Cooper; Chris Essig; Dan Webb

Key clients

Otsuka America Pharmaceutical

Abbott Laboratories

Hikma Pharmaceuticals

Work highlights

  • Representing Hikma in the national opiate litigation – totalling more than 500 separate cases, which includes a sprawling multi-district proceeding consolidated in Ohio federal court and various state court actions, and is active in joint defence groups for In re National Prescriptions Opiate Litigation. Claims include negligence, fraud, and violations of consumer protection laws, among others.
  • Serving as lead national counsel for OAPI and OPC in an MDL in the Northern District of Florida and various state court actions, involving allegations by more than 4,000 plaintiffs that Abilify®, an atypical antipsychotic medication, causes impulse-control disorders.
  • Obtained a significant jury verdict win on behalf of Abbott at trial in a matter involving allegations that a cardiac stenting device was misused and seeking $36 million in damages, after taking over the case two months before trial. The firm argued that the doctor misused the device; the jury found the doctor and hospital were 90% responsible for the plaintiff’s injury and allocated only $500,000 to Abbott.

The firm: Founded in 1853, Winston & Strawn LLP is an international law firm with more than 900 attorneys among 15 offices across three continents. In the UK, we provide high-quality legal services in a diverse range of areas including corporate, finance, antitrust/competition and disputes, representing international clients conducting business around the world.

Types of work undertaken
Corporate: Our award-winning corporate team advises public and private companies, professional partnerships, leading financial institutions, private equity and investment funds, investors and emerging companies on a broad range of substantial, high-profile matters from cross-border transactions and initial public offerings (IPOs) to joint ventures, M&A and distressed acquisitions.

Finance: We represent lenders and borrowers in transactions covering all segments of the debt market. Our UK practice focuses on complex cross-border corporate and finance deals and international restructurings, as well as and creative “first-of-their-kind” financings. We represent international commercial banks and investment banks, debt funds, private equity sponsors, public and private companies. We also work with private equity portfolio companies on their investment grade, leveraged, and structured financings, and often seek to introduce those needing funding with sources of capital. We further advise on asset-based lending, transportation and aviation finance, leveraged lending and acquisition finance, and tax matters.

Commercial litigation: Our practice extends across general commercial and financial disputes from cross-jurisdictional litigation to multi-party actions, judicial reviews, appeal proceedings and follow-on actions from regulatory investigations. Mindful of the costs and burdens of litigation, our lawyers strive to resolve disputes in advance of litigation itself, or at least avoid having to take the case all the way to trial where possible. Where disputes cannot be resolved at an early stage, our experience both within the London office and internationally means that we are well placed to litigate successfully. Our team is adept at managing large-scale cross-border matters, and we have been involved in some of the most innovative litigation before English and international Courts across the commercial spectrum.

International arbitration: Our international arbitration practice is a stand-alone, globally integrated group with extensive experience of conducting both commercial and investor-state arbitrations (as well as ad hoc arbitrations) under the rules of all the main international arbitral institutions. Our lawyers also provide advice on investment strategy for investment treaty protection. Winston regularly assists oil and energy companies, financial institutions, telecom concerns, pharmaceutical companies, construction companies, and manufacturers on a broad range of their international disputes.

Antitrust/EU competition: Winston’s experienced antitrust/EU competition team has a distinguished reputation for successfully advising high-profile clients on a full range of competition and regulatory issues. The team regularly assists companies, industry associations and governments in navigating applicable laws and regulations to achieve their strategic business goals – often via the development of creative strategies. Winston’s EU competition lawyers also represent clients on a variety of EU high-stakes competition matters before the European Commission, EU member state authorities, and the European community courts.

Regulatory investigations: Winston represents commercial organisations and individuals on all aspects of regulatory and other investigations by bodies including the Financial Conduct Authority and the Serious Fraud Office. This is often in conjunction with investigations by overseas regulators, notably the US Department of Justice, US Securities and Exchange Commission, US Commodity Futures Exchange Commission, US Office of Foreign Assets Control, and the European Commission. We have extensive experience conducting sensitive corporate internal investigations, both nationally and globally, working with our colleagues in our international offices.

Other offices: Brussels, Charlotte, Chicago, Dallas, Hong Kong, Houston, Los Angeles, New York, Paris, San Francisco, Shanghai, Silicon Valley and Washington, DC.

DepartmentNameEmailTelephone
Chairman Tom Fitzgerald
Vice Chairman Michael Elkin
Co-executive Chairman Jeffrey Kessler
Co-executive Chairman Dan Webb
Managing Partner (London )/M&A Nicholas Usher
Antitrust & EU Competition Peter Crowther
Corporate & Finance Zoë Ashcroft
Litigation Ben Bruton
International Arbitration Michael Stepek
Private Equity Paul Amiss
Finance Ian Borman
Transportation Finance Mark Moody
PhotoNamePositionProfile
Paul Amiss  photo Paul Amiss
Zoë Ashcroft photo Zoë AshcroftZoë Ashcroft is one of the founding partners of Winston & Strawn…
Matthew Bate  photo Matthew Bate Partner Matthew Bate is an experienced trial lawyer who represents multinational corporations,…
Ian Borman  photo Ian Borman Partner Ian Borman has been advising on all aspects of cross-border lending…
Oriane Cannac  photo Oriane Cannac Associate Oriane Cannac focuses her practice on international arbitration and commercial litigation.…
Andrea Castillo  photo Andrea Castillo Associate Andrea Castillo focuses her practice on corporate and finance transactions, including…
Daniela Cohen  photo Daniela Cohen Associate Daniela Cohen represents domestic and international financial institutions and publicly and…
Peter Crowther  photo Peter Crowther Peter Crowther is widely recognised as a leading competition and trade lawyer, a…
Ed Denny  photo Ed Denny Partner Ed Denny is head of Winston’s London tax department and supports…
Eliana Torrado Franco  photo Eliana Torrado Franco Associate Eliana advises on cross-border transportation finance, with a particular focus on…
Claudia Holt  photo Claudia Holt Associate Claudia advises on cross-border and domestic corporate and private equity matters including…
Suzanne Labi  photo Suzanne Labi Associate Suzanne Labi advises on international disputes with a focus on high-vallue,…
Freya MacCormack  photo Freya MacCormack Associate Freya has represented clients in a wide range of international disputes, spanning…
Daniel Meagher  photo Daniel Meagher Partner Daniel Meagher focuses his practice on international commercial disputes with particular…
Mark Moody  photo Mark Moody Mark Moody is a partner in the firm’s finance practice. He focuses…
Rishi Raheja  photo Rishi Raheja Rishi Raheja is an associate in Winston’s finance practice. His practice focuses…
Michael Stepek  photo Michael Stepek Michael Stepek is an international arbitration partner with more than 30 years…
Nicholas Usher  photo Nicholas Usher Partner Nicholas Usher serves as Managing Partner of the London office and…
Alison Weal photo Alison WealPartner Alison Weal focuses her practice on asset finance transactions and advises…
Jake White  photo Jake White Associate Jake focuses his practice on a wide range of international arbitration and…
Matthew Williams  photo Matthew Williams Associate Matthew represents clients on a wide range of transactional and corporate advisory…
Delphine Zhuang  photo Delphine Zhuang Associate Delphine Zhuang focuses her practice on acquisition finance, leveraged finance and…
Number of resident fee-earners : 35
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