Clifford Chance LLP > London, England > Firm Profile
Clifford Chance LLP Offices

10 UPPER BANK STREET
LONDON
E14 5JJ
England
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Clifford Chance LLP > The Legal 500 Rankings
Corporate and commercial > Equity capital markets – mid-large cap Tier 1
The ‘outstanding ECM team’ at Clifford Chance LLP is ‘responsive, reliable and highly experienced’ in a broad range of transactions, including major IPOs, SPACs, de-SPACs, and ECM-related M&A. The firm ‘brings the full spectrum of its many practice experts to bear to resolve issues and problems on ECM deals‘, with a particular strength in cross-border matters. The London team is a hub for a range of European ECM, notably related to France, Belgium, Italy and the Netherlands, as well as having a niche in London-Shanghai stock connect matters. Practice head Adrian CartwrightPractice head(s):
Adrian Cartwright
Other key lawyers:
Testimonials
‘An outstanding ECM team. Responsive, reliable and highly experienced.’
‘They pre-empt and solve issues very effectively; work with each client to achieve the right balance on any ECM deal; and bring the full spectrum of their many practice experts to bear to resolve issues and problems on ECM deals.’
‘Always partner led as it should be, they delivery consistently excellent outcomes whether acting for the issuers or the banks. Great lawyering and execution skills, attention to the details and buckets of common sense and reasonableness. Always listen to the client, advise as needed and do what they say.’
‘Technically superb with an efficient and commercial approach.’
‘Chris Roe and team were excellent as sponsor and underwriters counsel on the IPO.’
Key clients
Citigroup Global Markets Limited
J.P. Morgan Cazenove
Morgan Stanley
BNP Paribas
BofA Securities
Goldman Sachs Bank Europe SE
J.P. Morgan A.G.
ABN AMRO Bank N.V.
Barclays Bank
Jeffries International Limited
Bom Maklerski Banku Handlowego S.A.
ING Bank N.V.
Pekao Investment Banking S.A.
Erste Group Bank AG
Van Lanschot Kempen Wealth Management N.V.
UBS AG
Raiffeisen Bank International AG
Barclays
Santander
Biuro Maklerskie Pekao
Trigon
Merrill Lynch International
Numis Securities Limited
PensionBee Group plc
Stelrad Group PLC
C&C Group plc
Volvo Cars and its main shareholder Geely
Hostmore plc
SYNLAB
Cinven
Novo Holdings and OTPP
Work highlights
- Advised Citigroup Global Markets as the sole global coordinator and bookrunner on the proposed IPO and London standard listing of Hambro Perks Acquisition Company Limited, a special purpose acquisition company.
- Advised Volvo Car AB and its main shareholder, Geely Sweden, in connection with Volvo Cars’ proposed IPO and listing on Nasdaq Stockholm.
- Advised J.P. Morgan and Morgan Stanley as Joint Global Co-ordinators, with J.P. Morgan acting as Sole Sponsor in relation to Bridgepoint’s c.£3bn IPO, and BNP, Citigroup and BofA Securities as Joint Bookrunners.
Corporate and commercial > Financial services: contentious Tier 1
Clifford Chance LLP is home to a ‘first-class’ team, fronted by Carlos ConceicaoPractice head(s):
Carlos Conceicao
Other key lawyers:
Dorian Drew; Kelwin Nicholls; Samantha Ward; Michael Lyons; Roger Best; Oliver Pegden
Testimonials
‘A stellar financial services team. Able to handle the biggest cases and cut through the complexity to find the winning points.’
‘Dorian Drew and Carlos Conceicao are market leaders in the field. Everyone wants them on their side. Tactically astute and razor sharp litigators. Instructs counsel at an early stage.’
‘A first class team. They are hugely intelligent and experienced, but what sets them apart from some competitors is their superbly collaborative working style and the quality of client engagement. It’s a great experience to work with them, whatever the context.’
‘Carlos Conceicao – star quality in spades. He is a brilliant lawyer and a delight to engage with. Michael Lyons – a rising star, with bags of talent.’
Work highlights
- Representing NatWest in the FCA’s first criminal prosecution of a UK bank under the Money Laundering Regulations 2007.
- Advising a leading international bank in relation to an investigation and enforcement action undertaken by the Prudential Regulation Authority into errors in its liquidity reporting and associated systems and controls.
- Advising a global financial investor in relation to an FCA investigation into alleged manipulation of the gilt markets during the global pandemic in 2020, including alleged ramping.
Corporate and commercial > Financial services: non-contentious/regulatory Tier 1
At Clifford Chance LLP, the team ‘pulls advice from around its international network and processes it into a consistently useful package’. Practice head Caroline Meinertz has forged a particular reputation for her Brexit-related advice to financial institutions, while Simon Crown is the go-to for asset management and fintech affairs. Elsewhere, Simon GleesonPractice head(s):
Caroline Meinertz
Other key lawyers:
Testimonials
‘The team pulls advice from around its international network and processes it into a consistently useful package, looking beyond the legal issues and considering what the practical implications are for our business.’
‘Monica Sah brings in-house experience that not many partners have and so she is also a good sounding board for practical matters and how to apply the law in a business setting. Laura Douglas is deeply knowledgeable and able to translate this into advice we can digest and use.’
‘Monica Sah and Diego Ballon Ossio have outstanding expertise in UK regulations and in particular consumer lending. Their experience in advising clients with a cross border element makes them not only experts in the field but also very practical and knowledgeable about market practice. Their strength lies with their expertise which compares to no others in the market.’
‘Monica Sah brings in her previous in-house experience which makes her an outstanding adviser for any regulatory questions impacting private banks and their clients. Diego Ballon Ossio has extensive knowledge of the regulations and how they came about and therefore can provide a very pertinent interpretation of the rules.’
Work highlights
- Advised Wells Fargo & Company on the disposal of Wells Fargo Asset Management Holdings LLC and its subsidiaries, which housed Wells Fargo’s market leading asset management arm and holds $603bn in assets under management, to private equity houses GTCR LLC and Reverence Capital Partners, L.P.
- Advised a large global bank on the scope and implementation of settlement discipline requirements under the EU Central Securities Depositories Regulation.
- Advising a leading blockchain solutions provider on the establishment of a new crypto-asset exchange in Gibraltar, the participants in which are the client’s underlying customers, including retail customers.
Corporate and commercial > VAT and indirect tax Tier 1
Clifford Chance LLP works on complex VAT and indirect tax matters across sectors including real estate, insurance and pensions. The team is led by David Saleh, who advises on both contentious and non-contentious VAT and indirect tax, covering real estate and international tax structuring. Director Simon Corzberg advises and assists clients on cases in sectors such as finance, energy and charity. Senior associate Edward Page advises on tax considerations with regards to acquisitions, joint ventures and cross-border investments.Practice head(s):
David Saleh
Other key lawyers:
Key clients
Heimstaden Bostad
EQT Exeter
Caisse des Dépôts et Consignations
Allianz Real Estate
Mitsui Fudosan (UK) Limited
Bank of Scotland
Citibank
Work highlights
- Represented Heimstaden Bostad on tax aspects of its acquisition of Soho Wharf in Birmingham for £160m from Apsley House Capital and Galliard Homes.
- Advised EQT Exeter on tax aspects of the sale for approximately €3bn of a 2.2 million square metre logistics portfolio consisting of 132 properties (of which 20 are located in the UK and the others in Ireland, Germany, The Netherlands, Belgium, France, Spain, Italy and Poland) by the EQT Exeter sponsored private real estate fund Exeter Europe Value Venture III.
- Advised Allianz Real Estate on tax aspects of their 50:50 development joint venture with Ivanhoe Cambridge for the redevelopment of Stonecutter Court in Farringdon, London.
Dispute resolution > Banking litigation: investment and retail Tier 1
Clifford Chance LLP’s banking litigation team is perceived as ‘truly top notch and a go-to for the most important, heavyweight disputes’. The ‘formidable’ Ian MouldingPractice head(s):
Ian Moulding
Other key lawyers:
Michael Gorrie; Helen Carty; Matthew Newick; Lindsay Bickerton; Stephanie Huts; Kate Scott; Roger Best; Kelwin Nicholls; Guy Burkitt; Chris Yates;
Testimonials
‘CC’s banking litigation team is truly top notch and a “go to” for the most important, heavyweight disputes. They exhibit a real depth of market knowledge and legal insight whilst clearly understanding the client’s goals and drivers. They also make impressively efficient use of their associate resources; cases are not over-resourced but appropriate responsibility is delegated to associates, many of whom are very impressive.’
‘Ian Moulding is formidable and one of the doyens of banking litigation in London. He is not only deeply knowledgeable but has a truly impressive strategic vision; he is always thinking several steps ahead of his opponents, and is constantly turning problems around to see all the angles.
‘Kelwin Nicholls is extremely level-headed and a reassuring presence for clients in the heaviest and most contentious disputes’.
‘Of the associates, Michael Gorrie is talented and (not to be underestimated) extremely good fun to have on the team, whilst delivering great work.’
‘Clifford Chance are one of the main ‘go-to’ firms for the largest disputes on behalf of the major financial institutions who comprise their client base. They have the resources, talents, experience, industry knowledge and skills to successfully run these cases and provide a Rolls Royce service to demanding and discerning blue-chip clients.’
‘Ian Moulding – Supremely experienced, a wise head who has the trust of his major institutional clients and achieves good results for them.
‘Guy Burkitt – Excellent. Clever, hard-working, independent-minded and very strong client skills.’
‘ Helen Carty is a behemoth in this field. All the big investment banks want to work with her. There’s nothing worth knowing that she doesn’t know in banking litigation.’
Key clients
Bank of America
BNP Paribas
Citi
Credit Suisse
Deutsche Bank
HSBC
ICBC Standard Bank
Standard Chartered
Morgan Stanley
RBS
Dispute resolution > Commercial litigation: premium Tier 1
The much lauded team at Clifford Chance LLP is described by one client as the ‘best of the best‘, and the firm’s global reach and highly experienced partner bench ensures that it is well placed to ‘deliver solutions to even the most intractable problems‘. Recently, the group has been particularly busy with corporate defence work in the class action space, and aircraft industry disputes; its defence of Airbus against contractual claims by Qatar Airways is just one example which falls into the latter category. Key names at the leadership level are the ‘wise and very personable‘ Jeremy KoskyPractice head(s):
Jeremy Kosky; Julian Acratopulo
Other key lawyers:
Helen Carty; Maxine Mossman; Kelwin Nicholls; Claire Freeman; Haafiz Suleman; Chris Yates; Matthew Scully; Jeremy Sandelson
Testimonials
‘Smart, savvy, the people you want on your side.’
‘Jeremy Kosky – wise and very personable. A cool head in a crisis.’
‘It’s the best of the best. Superb quality from top to bottom.’
‘Outstanding strategic and tactical acumen combined with strength in depth makes this a formidable team, which is able to deliver solutions to even the most intractable problems. The team adopts a rigorous approach which more often than not gives its client leverage in any dispute.’
‘Julian Acratopulo is a shrewd and tough litigator, who is able to cut through to the essence of a problem. He is a great lateral thinker and often outflanks his opponents. A great problem solver.’
‘Haafiz Suleman is an excellent commercial litigator with great communication skills and makes the complicated simple. A pleasure to work with.’
‘Efficient, clever, strategic, strength in depth, excellent leadership, a superb litigation outfit.’
‘I have worked extensively with Maxine Mossman. If you could make the perfect modern commercial litigator from scratch, she is what you would get. She is bright, savvy and client focussed.’
Key clients
Actis
Aercap
Airbus
Dr Mike Lynch
GE Capital
General Electric Company
Harbour Energy plc group
Link Fund Solutions Limited
Manchester City Football Club Limited
Marks & Clerk
Mitchell’s & Butlers
News Group Newspapers Limited
Panasonic Europe B.V.
Permira
Pfizer
Serco Limited
The Raytheon Company
United Luck Group Holdings Limited
Work highlights
- Defending News Group Newspapers against numerous claims of voicemail interception and other forms of unlawful information gathering at the News of the World and The Sun.
- Defending Autonomy founder Dr Mike Lynch against allegations of financial impropriety and misrepresentation made by Hewlett Packard, which acquired the client’s software company in 2011.
- Defending Airbus in proceedings before the English High Court against contractual claims by Qatar Airways seeking compensation in respect of A350 aircraft, which it alleges have been grounded due to airworthiness concerns arising from surface degradation issues.
Dispute resolution > Public international law Tier 1
Clifford Chance LLP‘s recent track record includes ongoing treaty negotiations for the UK; international human rights cases; representing governments and companies in investment treaty claims; and advising on government policy compliance with trade and investment treaties. The practice is jointly led by Rae LindsayPractice head(s):
Rae Lindsay; Audley Sheppard KC; Jessica Gladstone
Other key lawyers:
Michael Lyons; Anna Kirkpatrick; Carla Lewis; Christina Schuetz; Anne Collins; Jeremy Stewart; Kieran John McCarthy; Roland Scarlett
Key clients
His Majesty Juan Carlos I, King Emeritus of Spain
UK Government
Standard Chartered Bank
Novonor
Government of Belize
World Economic Forum
IMS
Work highlights
- Appointed to advise the UK Department for International Trade on the drafting and implementation of its continuity free trade agreements with several non-EU countries.
- Representing IMS in relation to enforcement proceedings brought in the English Commercial Court by the Ministry of Defence & Support for Armed Forces of the Islamic Republic of Iran, in relation to two ICC Arbitration Awards issued in 2001.
- Advising Belize on its climate policy and legislative agenda, including in connection with carbon credits and agreements (consistent with Article 6 of the Paris Agreement).
Employment > Employee share schemes Tier 1
Clifford Chance LLP is renowned for its expertise advising on the share scheme aspects of large high-profile M&A and IPO transactions, most recently assisting Clayton, Dubilier & Rice with its £7bn bid to takeover WM Morrisons Supermarkets. The group has a strong background in the financial services industry, with a client list featuring Cinven, CVC and Permira, among others. Tech, manufacturing and energy are other areas of interest. Practice head Sonia GilbertPractice head(s):
Sonia Gilbert
Other key lawyers:
Testimonials
‘Depth of understanding of the business combined with strength in depth of their team positions them very well compared to the competition. In addition, they are notably flexible in how they think about billing and collaboration when we have specific needs or requests.’
‘Andrew Patterson is our primary adviser. A calm and thoughtful commercial adviser with excellent client skills. Andrew has a strong understanding of the business context and his consistently excellent performance has led him to become a trusted adviser to the business as well as to the legal team.’
‘The team provided excellent support to us on the implementation of our new Share Incentive Plan. They are both knowledgeable and commercial, providing support on all the key regulatory and taxation considerations.’
‘Andrew and his team were always available and approachable and could unravel complex issues for us. They were always pragmatic and worked to our timescales.’
Key clients
PensionBee
Wizz Air
Gamesys Group
Permira
Siemens AG and Siemens Energy
Cinven
Clayton, Dubilier & Rice
C&C Group
Vectura
Chanel
Allegro
CVC
easyJet
Swiss Re
SumUp
DP World
Work highlights
- Advised PensionBee on the remuneration aspects of its initial public offering (IPO) on the High Growth Segment of the London Stock Exchange.
- Acted for Wizz Air on new share plans, including a bespoke value creation plan (VCP) for the CEO.
- Advised Gamesys Group on the impact of its combination with Bally’s Corporation, a NYSE-listed US omnichannel provider of land-based gaming and interactive entertainment, on its employees who hold options or shares in the company.
Finance > Acquisition finance Tier 1
Able to provide a one-stop-shop service to borrowers and lenders on big-ticket and complex leveraged and event-driven deals by virtue of its market-knowledge and extensive international expertise, Clifford Chance LLP 'provides consistently excellent advice across all regions in leveraged finance and is always great to work with'. Taner Hassan is well-versed across the full spectrum of debt products throughout the capital structure and is adept at advising private equity sponsors and their portfolio companies on multi-jurisdictional financings including acquisition and bolt-on transactions. Michael Bates are also very strong on the borrower side, particularly in the context of advising funds on infrastructure financings. Jim MacHale and David Robson 'are always willing to go the extra yard to find a solution' for lenders, with Robson having a particular strength in relation to public to private matters. The 'extraordinary' Peter Dahlen 'adds a lot of value' for both borrowers and lenders on large cap acquisition finance deals and has significant knowledge of the Nordic markets. Other recommended partners include the vastly experienced Charles Cochrane, Emma Folds and recently promoted partner Julia House.Practice head(s):
Charles Cochrane; Taner Hassan
Other key lawyers:
Michael Bates; Peter Dahlen; Emma Folds; Jim MacHale; David Robson; Nick Kinnersley; Thomas Critchley; Alexandra Dimsdale-Gill; Julia House; Richard Day
Testimonials
‘Incredibly commercial – problem solving is in their DNA.’
‘Knowledgeable about the latest deals, as a result of advising on them.’
‘The team’s strength is their market knowledge and their global reach. They provide consistently excellent advice across all regions in leveraged finance and are always great to work with.’
‘Jim MacHale and David Robson are always willing to go the extra yard to find a solution, firmly in the business of solutions rather than issues/problems.’
‘Emma Folds and Michael Bates know the markets incredibly well, have lots of experience and strong working relationships with other firms.’
‘Peter Dahlen is extraordinary and added a lot of value to our latest large acquisition financing. We also appreciate his clear comments and good sense of balance when challenging us to fight on some points and to let some go.’
‘Incredibly experienced. The approach that Jim MacHale and David Robson bring to any transaction is refreshing and sets them apart.’
Key clients
Cinven
HSBC
Jaguar Land Rover
Apera Capital
Macquarie
BAML
Morgan Stanley
NatWest
EQT
Telefonica
Work highlights
- Advising mandated lead arrangers on the bridge financing for National Grid’s £7.8bn acquisition of Western Power Distribution group.
- Advising sponsor Cinven on the €538m TLB and €150m RCF supporting the acquisition of a majority stake in Restaurant Brands Iberia.
- Advising Valmet, the Finland-based company that supplies technologies, automated solutions and other services to the paper, pulp and energy industries, in relation to a €996m loan package supporting the merger of Valmet and Neles, the Helsinki listed flow control solutions and services provider.
Finance > Bank lending: investment grade debt and syndicated loans Tier 1
Utilising ‘a good mix between senior and junior staffing when needed’, Clifford Chance LLP‘s relationship-driven practice is well-positioned to advise banks and corporates across a mix of repeat corporate lending/syndicated work, as well as cutting-edge mandates, which benefit from the team’s ‘creative and solutions-focused’ approach. As well as her transactional work, which includes funds and investment grade financing, Nicola Wherity‘s role as counsel to the Loan Market Association (LMA) has seen her active at the forefront of changes to standard documentation ushered in by the LIBOR transition. Wherity is also one of many partners within the group that is incorporating ESG-related factors into financing documentation, including a considerable amount of sustainability-linked financings in relation to investment grade loans. Emma Folds ‘knows the market very well’ and is a popular choice advising on new money loans for investment grade corporates, as well as in a refinancing context. David Robson regularly advises banks as arrangers/underwriters on investment grade corporate lending and corporate event driven financing, including in relation to UK public bid financing. Nick Kinnersley and the ‘extraordinary’ Peter Dahlen also handle bid financings, as well as general corporate lending matters for both lenders and borrowers. Charles Cochrane is also recommended and heads up the overarching banking and financing team alongside Taner Hassan.Practice head(s):
Charles Cochrane; Taner Hassan
Other key lawyers:
Nicola Wherity; Emma Folds; David Robson; Peter Dahlen; Nick Kinnersley; Thomas Critchley; Alexandra Dimsdale-Gill
Testimonials
‘They have the ability to liaise across multiple practice areas/jurisdictions to meet our needs.’
‘They are proactive, creative and solutions-focused.’
‘Nicola Wherity has a great depth of understanding of us as a client and takes huge care to flag any issues which should be of concern to us.’
‘Emma Folds knows the markets incredibly well.’
‘Peter Dahlen is extraordinary and added a lot of value to our latest large acquisition financing.’
Key clients
Cinven
HSBC
Jaguar Land Rover
Apera Capital
Macquarie
BAML
Morgan Stanley
NatWest
EQT
Telefonica
Work highlights
- Advising Unsere Grune Glasfaser, a 50/50 joint venture between the Telefonica Group and the private equity arm of Allianz, in connection with its jumbo €1.65bn financing of the rollout of a new fiber optic network in Germany.
- Advising SYNLAB on its €1.23bn IPO financing, raising term and revolving facilities made available to the company following its listing in Frankfurt.
- Advising the mandated lead arrangers on a €3bn syndicated sustainability-linked multicurrency facility for Holcim, a global leader in innovative and sustainable building materials.
Finance > Corporate restructuring & insolvency Tier 1
Clifford Chance LLP provides 'very innovative and commercial' advice, both in a restructuring and formal insolvency setting, to myriad stakeholders including debtors, insolvency practitioners, banks and funds. Led from London by Philip HertzPractice head(s):
Philip Hertz
Other key lawyers:
John MacLennan; Iain White; David Towers; Melissa Coakley; Timothy Lees; Seema Shukla; Chris Norman;
Testimonials
‘They show a tremendous ability to reach across practices and geographies to provide comprehensive advice in complex restructurings involving multiple jurisdictions.’
‘The team is very innovative and commercial and always provides great legal advice.’
‘Philip Hertz’s knowledge of the sector is second-to-none, he has a fantastic ability to simplify the most complex of legal issues.’
‘John MacLennan is outstanding.’
‘Iain White is able to blend his outstanding technical skills with a commercial mindset in order to drive a complex process forward.’
‘Iain White and Tim Lees have done an outstanding job advising us on a complex cross-border restructuring. They are very engaged and reliable but most importantly have shown an ability to efficiently manage multiple work-streams across restructuring, financing, corporate finance/M&A and litigation.’
‘Melissa Coakley has a high level of technical knowledge and strategic thinking.’
Key clients
Abu Dhabi Commercial Bank
AerCap
Barclays
Barings
BNP Paribas
Chrysoar/ Harbour Energy
Codere
Credit Suisse
Davidson Kempner
Deutsche Bank
Hemisphere International Properties B.V.
HSBC
Lloyds
M&G
Matalan Group
Natwest Markets/RBS
Nordic Aviation Corporation
Partners Group
Provident Financial
Senior Official Receiver
Work highlights
- Advised the Codere group, a leading player in the private gaming industry, on its €1.2bn restructuring by way of a new money offering and consent solicitation, the need for which arose from continuing COVID-related restrictions and closures which impacted materially on the group’s gaming and casino businesses.
- Advised gategroup on options for amending and extending CHF 350m of Swiss-law governed notes, and a €665m English law senior facilities agreement provided to members of the gategroup group culminating in the use of an innovative restructuring plan to achieve this objective.
- Advised the ad-hoc committee of NMC’s largest financial creditors in relation to the group’s financial restructuring, including the entry by its parent entity into UK administration; the choice of procedures for the UAE-based group (ADGM administration was chosen over US Chapter 11 bankruptcy); and the terms of and implementation steps in relation to its financial restructuring.
Finance > Debt capital markets Tier 1
Clifford Chance LLP has 'a top-quality DCM team with an excellent set of hands-on partners'. The firm is a trusted adviser to many of the world's leading financial institutions, corporates, governments, supranational organisations and multilaterals on high-value and high-profile deals, among them many market firsts. Simon Sinclair, who leads the practice, and key partner Kate Vyvyan are 'good technically and they stay involved in their deals'. Vyvyan and Michael Dakin advised CBRE Global Investors' on its issue of €500 million of bonds. Vyvyan also acted for the UK government on its inaugural green gilt issue of £10bn. Paul Deakins, who frequently acts for both underwriters and issuers, is 'the partner of reference in liability management and his excellent technical knowledge and expertise are second to none'. Deborah Zandstra, who leads the firm's sovereign debt advisory practice, is 'superbly creative, smart, and responsive'. Clare Burgess, who handles a wide range of infrastructure transactions including project bonds, private placements, corporate bonds and multi-source financings, and Andrew CoatsPractice head(s):
Simon Sinclair
Other key lawyers:
Kate Vyvyan; Paul Deakins; Azam Taiyeb; Deborah Zandstra; Clare Burgess; Andrew Coats; Michael Dakin
Testimonials
‘Top-quality DCM team with an excellent set of hands on partners.’
‘Simon Sinclair, Paul Deakins, Kate Vyvyan – all excellent. Good technically and they stay involved in their deals.’
‘Paul Deakins is the partner of reference in liability management. His excellent technical knowledge and expertise are second to none, which means he is always the person to pick up the phone to with any doubts or questions.’
‘Deborah Zandstra and senior associate Azam Taiyeb are some of the best lawyers to think about sovereign DCM/issuances and also to think through derivative transactions. They are our # 1, go to counsel for anything that is more complex or structured. Superbly creative, smart, and responsive.‘
Key clients
Goldman Sachs International
ABN AMRO Bank N.V
ING Bank N.V.
Bank of America
BNP Paribas
Citigroup Global Markets Limited
J.P. Morgan
SMBC Nikko Capital Markets Limited
Standard Chartered Bank
Citi
Paragon Banking Group plc
Provident Financial plc
The UK Government (HM Treasury and the United Kingdom Debt Management Office)
University College London
Arçelik A.Ş.
EasyJet
HSBC Bank plc
Barclays Bank PLC
Mizuho International plc
NatWest Markets Plc
Deutsche Bank
Access Bank plc
Basic-Fit N.V
Banco Santander
Morgan Stanley
Erste Group
Raiffeisen Bank
EDP – Energias De Portugal
The Ad Hoc Bondholder Group with respect to the debt restructuring of 6.75% Notes due 2021 by YPF Sociedad Anónima (Matter 20).
Work highlights
- Advised the UK Government (HM Treasury and the United Kingdom Debt Management Office) on its inaugural green gilt issuance of £10 billion due 2033.
- Advised University College London (UCL) on its issue of £300m 1.625% Sustainability Bonds due 2061.
- Advised Arçelik A.Ş. on its issue of €350 million 3.0% Green Bonds due 2026.
Finance > Derivatives and structured products Tier 1
The structured finance practice at Clifford Chance LLP ‘takes the time to understand what the client is seeking to achieve and provides creative and practical advice‘. Paget Dare Bryan and Timothy Cleary lead a practice with numerous standout partners, among them veteran Habib MotaniPractice head(s):
Timothy Cleary; Paget Dare Bryan
Other key lawyers:
Andrew Coats; Jessica Littlewood; Andrew Coats; Habib Motani; Anne Drakeford; Faizal Khan; Will Winterton; Thea Gausel; Konstantinos Voulgarakis
Testimonials
‘The firm takes the time to understand what the client is seeking to achieve and provides creative and practical advice. Is proactive and efficient.’
‘Anne Drakeford – leads the team working for us. Very experienced and approachable. Provides clear advice and guidance. Works very well with the counterparty advisers.’
‘Having collaborated with the Clifford Chance on the structuring of a synthetic securitisation, the team’s knowledge of the market, quick turnaround in deliverables and accessibility really stood out. Frequent updates on billing also helped a lot.’
‘The entire team involved in the project was very knowledgeable of the market, accessible and clear in advice provided. Especially in cases where there were decisions to be made on specific features of the transaction, they provided clear pros and cons of different options making it easier to decide.’
‘The team has in-depth knowledge and is a pioneer on derivatives and structured products transactions.’
‘Jessica Littlewood is a well-known pioneer in the derivatives and structured products market and has in-depth knowledge of the relevant legislation. Thea Gausel is a rising star, deeply knowledgeable and fully solution-oriented. Konstantinos Voulgarakis is an excellent associate who steadily and on time provided insightful support throughout the different stages of the transaction.’
‘Excellent knowledge, creative thinking, pro-active advising and preparatory work.’
‘Will Winterton has excellent knowledge and is a quick-thinker. He is on the ball and proactive.’
Work highlights
- Advising several clients on major global IBOR transition projects. The firm holds a leading market position with multiple engagements supporting global banking clients in due diligence and contract remediation to prepare for the replacement of, and transition away from, IBORs.
- Assisting various clients with developing the digital asset derivatives market, including assisting a number of clients with producing template documentation for use with cash settled and physically settled digital asset derivative transactions which address the unique lifecycle events that can arise in respect of a digital asset (such as hard forks).
- Advising a cryptocurrency custodian in relation to risk mitigation arrangements in connection with integrating their custody service into the trading service of cryptocurrency exchanges so as to enable clients to access such exchanges through their custody accounts.
Finance > Securitisation Tier 1
At Clifford Chance LLP ‘the team shines by its strength in depth‘, and clients remark that the firm is ‘undoubtedly one of the strongest in the London market, if not the strongest‘. ‘All the partners in the team are leaders in their field, across all asset classes, and are all ably supported by very solid associates‘, notes one source. Head of the international structured debt group Kevin IngramPractice head(s):
Kevin Ingram; Maggie Zhao
Other key lawyers:
Testimonials
‘The team is undoubtedly one of the strongest in the London market, if not the strongest.’
‘All the partners are in the team are leaders in their field, across all asset classes, and are all ably supported by very solid associates.’
‘CC has over the years become very much our “go-to” firm for securitisation.’
‘The team shines by its strength in depth – but I had to highlight two specific individuals I would mention Chris Walsh in RMBS and Emma Matebalavu for CMBS.’
Key clients
118 118 Money
Apollo
Bain Capital
Bank of America
Barclays
Blackstone
BNP Paribas
Cerberus
Citi
Close Brothers
Credit Agricole Corporate and Investment Bank
Credit Suisse
Davidson Kempner
Deutsche Bank
Elliott
Goldman Sachs
HSBC
ING
JP Morgan
Lloyds Bank
Morgan Stanley
National Australia Bank
Natixis
NatWest Markets
NewDay
Rothesay Life
Shawbrook Bank
Standard Chartered
Work highlights
- Advised BNP Paribas (as Arranger and JLM), Lloyds Bank Corporate Markets plcs and National Australia Bank Limited as JLMs on Finsbury Square 2021-1 Green, Kensington Mortgages £817.5m inaugural Green Bond aligning with the ICMA Green Bond Principles of 2018.
- Advised 118 118 Money on the near simultaneous establishment of two private securitisations and one corporate asset-backed facility, providing total funding of up to £580 million refinancing their entire business into structured finance products.
- Advised Deutsche Bank AG on Sage AR Funding 2021 PLC, the second social housing CMBS on the market.
Finance > Transport finance and leasing Tier 1
Clifford Chance LLP 's recently appointed London practice head, Oliver Hipperson, is able to draw from a ‘massive body of historical work’ according to one client and is well versed at handling a wide range of new money and restructuring work in both the aviation and shipping fields. He also has particular expertise advising on secondary debt trading matters (including loan portfolio sale transactions). ‘Absolute star’ William GlaisterPractice head(s):
Oliver Hipperson
Other key lawyers:
William Glaister; Ranbir Hunjan; Paul Carrington; ; Richard Evans; Chris Hardisty; Jing Tang
Testimonials
‘A broad team working at all levels which helps ensure our files are staffed appropriately.’
‘The expertise of the Clifford Chance team is second to none. They have an unparalleled geographic coverage with asset focused lawyers in most key jurisdictions. They have experience in all aspects of aviation finance and leasing as well as strong capabilities in shipping and rail with a focus on the most complex of transactions.’
‘Clifford Chance provides a highly competent and efficient service. Their understanding of the market provides a great deal of comfort which then provides a much smoother documentation process and less frustration on any back and forth.’
‘William Glaister has a wealth of experience and knowledge making him a leader in the field.’
‘Oliver Hipperson – massive body of historical work on which he draws his expertise which contributes greatly to an efficient process – and outstanding people skills that ensure a professional process yields a successful outcome.’
‘Richard Evans is meticulous with details whilst still able to retain a commercial focus and ensure that the deal gets done.’
‘Chris Hardisty is very capable.’
‘Hugely experienced, which proves invaluable in complex negotiations.’
Key clients
Nordic Aviation Capital
Investec
SMBC Aviation Capital
Deutsche Bank
Avolon
BNP Paribas
Goshawk Aviation Limited
CDB Aviation
Sumitomo Mitsui Banking Corporation
Castlelake
Airborne Capital
Work highlights
- Advised General Electric Company on the combination of GECAS and AerCap.
- Advised Nordic Aviation Capital on the restructuring of approximately $6.3bn of the company’s secured and unsecured debt, implemented through Chapter 11 proceedings.
- Advised Avolon on its private investment in public equity (PIPE) investment in, and ground-breaking aircraft order with, Vertical Aerospace, an electric vertical take-off and landing aircraft manufacturer.
Industry focus > Emerging markets Tier 1
Clifford Chance LLP has ‘very solid experience in emerging markets, which has built and strengthened over the years’. Its work on financing, M&A and projects spans Africa, Latin America, India, Turkey, the CIS and the CEE. Leonard Cleland, who focuses predominantly on the CIS, Eastern Europe, the Middle East and Africa, and infrastructure financing specialist Simon Williams are the lead partners for emerging markets finance work. Energy and infrastructure partner Jeremy Connick is the firm’s regional head for Southern Africa and a key member its global Africa group, which is led by newly promoted partner Kayode Oladipo. Capital markets partner Deborah Zandstra assisted Deutsche Bank, JP Morgan and Standard Chartered Bank with The Gabonese Republic’s tender invitation to bond holders. Global head of energy and resources Russell Wells acted for lenders and investors in the financing of the acquisition of a major interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited. Senior associate Rebecca Shepherd in the global financial markets group is ‘very detailed-oriented but at the same time always has in mind the big picture of a deal‘.Practice head(s):
Leonard Cleland; Simon Williams
Other key lawyers:
Testimonials
‘The CC team has very solid experience in emerging markets, which has built and strengthened over the years, in part by having high-calibre partners and associates move to emerging markets jurisdictions. As a result, they have a highly reliable network that can advise on English law matters while being very close, not only physically but also in terms of deep knowledge, to local jurisdictions.’
‘The team has a lot of familiarity with all types of players in emerging markets, from local banks to foreign investors to international financial institutions, which, combined with their role of LMA legal advisor, makes them uniquely placed to advise clients doing transactions in those countries.’
‘Simon Williams is a very experienced partner who, having lived and worked in emerging markets, is able to provide solid, reliable and robust advice to clients that operate in those jurisdictions. His style is very approachable and proactive, which makes working with him easier. He is excellent at monitoring legal costs on an ongoing basis thereby making the billing process smoother for the client. He also has excellent communication and negotiation skills.’
‘Rebecca Shepherd is an outstanding and incredibly hardworking lawyer. Her knowledge of emerging markets is deep and very valuable; she is very detailed-oriented but at the same time always has in mind the big picture of a deal. She monitors effectively and is able to convey to clients market trends and legal approaches in the emerging markets where she works.’
‘A very knowledgeable and proficient team that provides tonnes of added value. Very dedicated and helpful.’
‘We have been working with Kayode Oladipo, who has proven to be very helpful. He masters the documents and the legal environment while having good understanding of our business considerations. He is trustworthy and we are very happy with our collaboration.’
Key clients
AFC
Luminar Capital
Actis Capital
EBRD
UBS
ICBC
Deutsche Bank
Goldman Sachs
KBC
Credit Suisse
Africell Holding Limited
Gemcorp Capital LLP
Citigroup
Standard Chartered Bank
JP Morgan
Rand Merchant Bank
Standard Bank
UniCredit Bank
Morgan Stanley
HSBC
Emirates NBD Capital
Samba Capital
Mashreqbank psc
Investec
AFC
Luminar Capital
Actis Capital
EBRD
UBS
ICBC
Deutsche Bank
Goldman Sachs
KBC
Credit Suisse
Africell Holding Limited
Gemcorp Capital LLP
Citigroup
Standard Chartered Bank
JP Morgan
Rand Merchant Bank
Standard Bank
UniCredit Bank
Morgan Stanley
HSBC
Emirates NBD Capital
Samba Capital
Mashreqbank psc
Investec
Work highlights
- Advised Credit Suisse on a EUR 2.1bn UKEF-covered green financing for the Republic of Turkey in connection with the Ankara-İzmir High-Speed Electric Railway Project.
- Advised lenders and investors in respect of the financing of the acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited. The transaction is one of the largest oil and gas financings in Africa in the last decade.
- Advised Deutsche Bank, J.P. Morgan and Standard Chartered Bank on The Gabonese Republic’s invitation to holders of its U.S.$1.5 billion 6.375% bonds due 2024 and its U.S.$700 million 6.950% bonds due 2025 to tender their bonds for purchase by the Gabonese Republic for cash.
Industry focus > TMT Tier 1
Clifford Chance LLP‘s TMT offering focuses primarily on large and complex corporate transactions. With cross-practice support from specialists in areas including corporate law, litigation, antitrust, technology, and regulation, the team is well-equipped to provide support to major clients from start-ups to multinationals. Practice head André Duminy is renowned for his M&A experience, and has particular experience in the fintech and insurtech sectors. Jennifer Chimanga is similarly highly regarded, and has worked increasingly on cross-border transactions; corporate specialist Toby Parkinson is also significant in this area. Simon Persoff brings expertise across technology and telecoms, while Kate Scott and Samantha Ward are cornerstones of the group’s litigation offering. Zayed Al Jamil joined from Norton Rose Fulbright in March 2022, further strengthening the firm’s offering in outsourcing and technology projects.Practice head(s):
André Duminy
Other key lawyers:
Jennifer Chimanga; Kate Scott; Samantha Ward; Simon Persoff; Mark Fisher; Toby Parkinson; Zayed Al Jamil
Testimonials
‘Highly commercial. Diligence. Clear understanding of client objectives and timelines. Creative and solutions focused while being flexible and nimble.’
‘Jennifer Chimanga navigated an extremely difficult and complex process in a tight timeline involving deep technology systems and complex architecture. The availability of senior partners together with the seamless integration of advice across multiple Clifford Chance practice groups is key to their success.’
Key clients
Africell
Allegro
Anchorage Capital Partners
Cellnex Telecom
Codere Group
Delivery Hero
EE
Epic Games
G.Network Communications
Gamesys Group
ITV
LZ Labs
NBC Universal / Comcast
News Group
Panasonic
Sitecore
Spotify
Telefonica
Tencent
The Hut Group
Work highlights
- Advised Cellnex on the acquisition of the European telecoms towers business of CK Hutchison Holdings for €10bn.
- Acted on the mega £31bn merger of Telefónica’s O2 UK mobile phone company with Liberty Global’s Virgin Media UK broadband and cable TV provider to create the 50/50 JV “Virgin Media O2”.
- Advised Sitecore on the acquisitions of Boxever and Moosend.
Insurance > Insurance: corporate and regulatory Tier 1
Clifford Chance LLP is recommended for handling insurance-based M&A, group restructurings and structured reinsurance transactions. The practice has played a key role in the development of the UK as an ILS jurisdiction and continues to advise on ILS transactions internationally in Bermuda and Singapore. Practice head Ashley Prebble, also global co-head of the insurance group, specialises in corporate and regulatory insurance matters, including M&A, Part VII transfers and complex reinsurance arrangements. Both Hilary Evenett and Katherine CoatesPractice head(s):
Ashley Prebble
Other key lawyers:
Hilary Evenett; Katherine Coates; Narind Singh; Cheng Li Yow; Imogen Ainsworth; James Cashier
Testimonials
‘We have absolute faith and trust in Ashley Prebble.’
‘The firm is very experienced and knowledgeable about the London insurance market and our own peculiarities.’
‘Excellent global insurance industry knowledge.’
‘High quality legal advice, pragmatic with a strong focus on adding value.’
‘Clifford Chance has strong bench strength and market knowledge.’
Key clients
Liverpool Victoria Financial Services Limited (LV=)
Inigo Limited
Athora Group
Premia Holdings Limited
Admiral Group plc
International Underwriting Association
AXA S.A.
Society of Lloyd’s
The Prudential Insurance Company of America
Coface
Legal & General Assurance Society Limited
Enstar
Chubb
Domestic & General
Rothesay
Cinven
Bought By Many
Work highlights
- Advised AXA on the disposal of a EUR 2.6 billion life and non-life insurance portfolio by AXA Belgium to Monument Re.
- Advised the IUA on the joint venture agreement with Lloyd’s and DXC Technology which will build solutions to digitalise, streamline and fully automate processing for the Lloyd’s market.
- Advised the Society of Lloyd’s on the establishment of and first transactions undertaken by London Bridge Risk PCC Limited, the ground-breaking insurance linked securities platform for used by members of Lloyd’s.
Investment fund formation and management > Fund finance Tier 1
With ‘unrivalled knowledge of the fund finance market’, Clifford Chance LLP covers the full range of fund finance trasactions, including subscription lines, capital call lending, NAV and hybrid facilities as well as ESG-linked financing. Working alongside the firm’s fund formation, tax and regulatory teams across Europe, Asia and the US, the practice is geared to handle the full life-cycle of funds, from formation to GP-led secondary restructurings. The group’s leadership is split between ‘knowledgeable and highly engaged’ Andrew Husdan, who acts for both lenders and sponsors on bridge lending, complex structured financings and leveraged acquisitions, and Nicola Wherity, who often advises on private securitisations and is an active member of the Fund Finance Association.Practice head(s):
Andrew Husdan; Nicola Wherity
Other key lawyers:
Thea Vukasinovic; Jeremy Rayfield
Testimonials
‘Quality team that can work at pace on highly complex situations, with a strong ability to push back against lender counsel unreasonable demands.’
‘Andrew Husdan is highly commercial, approachable and knows how to deliver innovative solutions by combining his expertise in fund finance with leveraged finance and NAV financing.’
‘Unrivalled knowledge of the fund finance market.’
‘Would specifically like to mention Nicola Wherity andThea Vukasinovic as great individuals to work with.’
‘The Clifford Chance team has a great understanding of the needs and specificities of investment funds and is able to deliver a seamless experience across the funds financing and funds formation teams.’
‘Partner Andrew Husdan is knowledgeable and highly engaged. Senior Associate Jeremy Rayfield makes sure completion is achieved in a timely and smooth manner.’
‘Clifford Chance’s fund finance practice has a dedicated team which is active on both the lender and borrower side. The CC team is therefore involved in a large number of deals and has significant market intel. One of the strengths of the team is its diverse workforce with team members from across the globe and a large portion of senior female lawyers. CC is using technological support where possible which adds to the ease of co-operation.’
‘Andrew Husdan is the main lender side partner and a reliable, knowledgeable and diligent lawyer. He does not only understand the product and our approach but is flexible in providing innovative solutions. Andrew is also an excellent relationship manager on the borrower side leading to less friction and good outcomes for all parties.’
Key clients
Permira
ICG
Wells Fargo
Nordea
BC Partners
NAB
Bridgepoint
State Street
Actis
Rothschild & Co
M&G
Stirling Capital
Capital Dynamics
Mercer
Investec
RBSi
DBS
UOB
Investment fund formation and management > Real estate funds Tier 1
The team at Clifford Chance LLP is co-led by head of real estate funds Gerard Saviola and head of the global private funds group Alexandra Davidson. The team of real estate specialists provide advice on a broad scope of matters, including real estate; private equity; infrastructure; debt and credit; and emerging market funds; it also has a strong reputation for its broad knowledge of the structuring issues that apply to real estate managers. The firm’s international platform allows it to work effectively on cross-border mandates for its global client base. Specialising in the establishment and operation of private investment funds across asset classes, Lily Marcel was promoted to partner in May 2022 is a notable team member. Also worthy of mention are Alexander Chester, experienced in advising on some of the team’s most complex funds work, and Jonathan Bray, whom has built a strong strong practice advising a global client base on the establishment, structuring and offering of closed and open-ended real estate funds. Former head of the private funds group Nigel Hatfield retired in April 2022.Practice head(s):
Gerard Saviola; Alexandra Davidson
Other key lawyers:
Lily Marcel; Alexander Chester; Jonathan Bray; Vishal Mashru; Stephanie Dunne
Testimonials
‘The Clifford Chance team is pro-active, service-oriented and very knowledgeable. They provide pragmatic advice, whilst taking into account the commercial needs of the client.’
‘Excellent market knowledge and ability to relate this to different situations.’
‘Gerard Saviola is all over the market and can guide on common practice and terms across the spectrum knowledgeably.’
‘Jonathan Bray is technically strong.’
‘Clifford Chance has a market-leading real estate funds practice and we consider them to be one of a limited number of firms who are able to serve the breadth of our needs both geographically and in terms of subject matter expertise.’
‘Our primary relationship partner in London is Jonathan Bray. He is very strong technically, has deep market knowledge and is ably supported by a strong team spread across offices in Europe and Asia. The firm has also shown that they are invested in the relationship and, as well as providing generally high-quality legal advice on the matters we instruct on, the firm adds add value in other ways, such as the provision of tailored training.’
‘We particularly value Clifford Chance’s professionalism and quick response time, although our requests nearly always require coordination across multiple jurisdictions and/or faculties. In particular, as a Luxembourg-based fund, we find it very helpful that Clifford Chance have local counsel in all of the countries we are operating in. It makes the discussions quick and easy, as we’re all on the same team.’
‘Jonathan Bray is not only very competent, making sure all the teams work together quickly and well, he is probably the nicest lawyer I have ever met. He has a humble, friendly way of handling conflict situations that is pleasantly disarming.’
Key clients
BentallGreenOak
Hillwood Investment Properties
M&G Investment Management Limited
DRC Savills Investment Management LLP
Work highlights
- Advising BentallGreenOak, a leading global real estate and real estate debt house, on simultaneous fundraisings of multiple real estate debt funds and separate managed accounts.
- Advising M&G Investment Management on the fundraising of their current vintage of its real estate debt finance funds.
- Advising DRC Savills Investment Management, a leading pan-European real estate debt sponsor, on its full range of products including, senior, mezzanine and whole-loan comingled funds, co-investment and separate account mandates.
Private client > Contentious trusts and probate Tier 1
Clifford Chance LLP ‘is a powerhouse in contentious trust litigation’. Practice head Jeremy KoskyPractice head(s):
Jeremy Kosky
Other key lawyers:
Maxine Mossman; Lindsay Bickerton; Nicole Buncher; Laura Hasson; Charles Joseph
Testimonials
‘Great experience in high value matters makes them appreciative of high net worth individual’s needs. Jeremy Kosky fits the description set out above and delivers great service to clients’.
‘They are experienced, technically very good but also approachable making working with them all a great experience. You know that they will go the extra mile for clients’.
‘Jeremy Kosky leads the team and is always on hand and happy to help even though he is a senior partner and extremely busy. Maxine Mossman is also extremely good as is Nicole Buncher who works really hard for clients together with Charlie Joseph’.
‘Very commercial, first rate lawyers (obviously) but still approachable. Max Mossman’.
‘From top to bottom, extensive experience of international trusts and trust disputes. Fair and tenacious representatives of their clients’.
‘The team has incredible strength in breadth and depth. There is a benchmark quality in their output which is leading in their field. Lindsay Bickerton is the unsung hero who is exceptionally talented and presents herself in a calm unflustered way. A real star’.
‘It is the only magic circle firm to have a significant presence in this field. Jeremy Kosky is a well respected litigator in the international trust litigation field. Excellent strategic vision’.
‘Commercial, approachable, responsive and highly capable when it comes to complex contentious matters. Jeremy Kosky is incredibly sharp, very experienced and always a true gentleman to deal with. Nicole Buncher is a true rising star. Ultra-responsive, always on top of the facts and a pleasure to work with’.
Key clients
His Majesty Juan Carlos I, King Emeritus of Spain.
Sebastian Kulczyk, Kulczyk Investments S.A. and KI One S.A.
Vladimir Chernukhin and Navigator Equities Limited
Heini Thyssen
Work highlights
- Advising a large family of beneficiaries in Jersey court proceedings who are being sued by every State of the USA in relation to their pharma business. There is significant cross border litigation and regulatory action which threatens the Trust.
- Advising a leading global trustee client in relation to a multi-jurisdictional trust dispute involving a London based family. The assets of the trust are held in a variety of forms and in a variety of jurisdictions.
Projects, energy and natural resources > Infrastructure Tier 1
Clifford Chance LLP continues to act for a strong roster of large international investors, specialist infrastructure funds and corporations on high-profile and high-value infrastructure projects. As part of a large global network, it is well placed to handle cross-border transactions and is well versed in the full life cycle of projects, from fund formation to structuring and financing, through to disputes and litigation, and M&A. Michael Bates leads the team and is a key name for infrastructure financing. Other key practitioners include Clare Burgess, who is experienced in multi-source infrastructure financings and leads the firm’s global green finance initiative, and Michael Pearson, who is a name to note for PPP projects.Practice head(s):
Michael Bates
Other key lawyers:
Clare Burgess; Michael Pearson; Charlotte Madden; Alex Dimsdale-Gill; Jonathan Dillon
Testimonials
‘Large and skilled teams with high-quality partners and committed and promising associates’.
‘Highly skilled people always available to share views’.
‘Availability and commitment to deliver against tight timelines’.
‘Creative, with a good business sense’.
‘Successful track record of exposure to the infra financing market which can be capitalised on to tailor make new solutions for live transactions’.
Key clients
3i Infrastructure
Arcus Infrastructure
Brookfield
Caisse de dépôt et placement du Québec
EQT Infrastructure
KKR
Partners Group
OMERS
Ontario Teachers’ Pension Plan
TPG Capital
Macquarie Infrastructure and Real Assets
Interogo Holdings
Infracapital
AMP Capital
Work highlights
- Advised Brookfield Infrastructure on its acquisition and financing of a 49% interest in Telia Towers, one of the largest tower operators in Finland and Norway and Telia Towers Sweden.
- Advised Partners Group on the acquisition and financing of Parmaco, a leading Finnish education infrastructure platform
- Advised Ontario Teachers’ Pension Plan Board and KKR Infrastructure on the acquisition of an 80% interest in Caruna Oy
Projects, energy and natural resources > Oil and gas Tier 1
Clifford Chance LLP offers clients ‘broad and deep knowledge and experience that works in a complementary and constructive way’. It acts for oil majors, major independents and financial institutions on corporate, financing and dispute resolution matters internationally. The team is headed by Graham Phillips, Alex Panayides and Sydney’s Nadia Kalic; Phillips is a name to note for M&A, joint ventures and private equity transactions in the upstream, midstream and downstream sectors; and Panayides is recommended for international litigation and arbitration. Russell Wells handles commercial, corporate and finance matters related to the oil and gas, and power sectors and has particular experience of transactions in emerging markets. David Lewis left for White & Case LLP in December 2021 and Massimo Amoruso joined as director from Freshfields in January 2022.Practice head(s):
Graham Phillips; Alex Panayides; Nadia Kalic (Sydney)
Other key lawyers:
Clare Burgess; Russell Wells; John Wilkins; Audley Sheppard KC
Testimonials
‘Very strong disputes capability – true oil and gas arbitration specialists’.
‘User friendly, pragmatic and hard working’.
‘The Clifford Chance team provided multi expertise (including tax and maritime law) on a multi-jurisdictional M&A transaction’.
‘This full range of advisory services have been provided with the highest quality standard’.
‘Graham Phillips has been involved in all the strategic and structuring decisions, with the highest customer care’.
‘Strong industry focus. Instinctive ability to recognise client interests’.
‘The team has broad and deep knowledge and experience that works in a complementary and constructive way with my teams’.
‘Alex Panayides is one of the best disputes lawyers in the business’.
Key clients
Shell
Equinor
ENGIE
Total
Harbour Energy
Eni
Sinopec
Gunvor
Adani Group
SOCAR
Abu Dhabi National Oil Company
Soco International
Baker Hughes
Eroton
Work highlights
- Advised Chrysaor Holdings Limited (“Chrysaor”), the UK’s leading independent North Sea oil and gas group, on the completion of its all share merger with Premier Oil plc through a reverse takeover, which included the reorganisation of Premier’s existing debt and cross-currency swaps.
- Advised Global Infrastructure Partners (“GIP”) in relation to an amendment and extension of a EUR1.6bn loan financing originally obtained in connection with GIP’s acquisition of a stake in Naturgy Energy Group, S.A., the Spanish natural gas and electrical energy utilities company.
- Representing a prominent Oil & Gas client in multi-jurisdictional enforcement proceedings, following three successful commercial arbitrations (and related actions).
Projects, energy and natural resources > Power (including electricity, nuclear and renewables) Tier 1
Clifford Chance LLP is at the forefront with regards to renewable power projects such as nuclear, offshore wind and low-carbon energies like hydrogen and CCUS. It fields a multi-disciplinary team providing expertise across all practice areas including corporate M&A, finance, projects, construction, litigation and dispute resolution. Dispute resolution is one of the corner stones of the energy offering with contentious matters being resolved through litigation ad arbitration. Russell Wells heads the energy and resources sector group and advises on transactions in emerging markets. James Pay focuses on the development of floating offshore wind projects while Jeremy Connick specialises in advising sponsors and lenders. John Wilkins and Nicholas Hughes are key lawyers.Practice head(s):
Russell Wells
Other key lawyers:
Testimonials
‘A proper law firm with the full complement of competencies and lawyers that are prepared to give proper commercial legal advice and happy to take a position on things rather than treating all questions as theoretically possible and using it as an opportunity to cross-sell extraneous legal advice.’
‘Clare Burgess is a stand out individual. She is a force of nature and a wonder to behold in negotiations getting things done in an efficient and commercial manner keeping everyone on track. She quickly dismisses nonsense from counterparties by simply refusing to entertain it whilst managing at the same time to herself be entertaining.’
Key clients
Vattenfall
Iberdrola
Climeworks
Actis LLP
Globeleq
Whitetail Energy
EDF
Genser Energy
Global Infrastructure Partners
AIP Management
Azura Power
AP Moller Capital
CDPQ
Eolien Maritime Ventures
Standard Bank South Africa
CDC Group
Us International Development Finance Corporation (DFC)
Work highlights
- Advised Vattenfall on the agreement with BASF on the sale of 49.5% of the offshore wind farm Hollandse Kust Zuid.
- Advised on the development of the new Sizewell C nuclear power station in the UK.
- Advised Globeleq and its consortium partners on the development and financing of the transformational Temane power project in Mozambique.
Real estate > Commercial property: corporate occupiers Tier 1
Clifford Chance LLP has a strong track record in complex real estate developments and is particularly well known for its City and Canary Wharf headquarter projects. Other areas of expertise include mixed-use, urban regeneration and infrastructure projects as well as corporate real estate acquisition and joint venture work. The group demonstrates significant cross-border expertise with Angela Kearns focusing on inbound investment work from the APAC region, particularly from Japan, while Mark PaynePractice head(s):
Nigel Howorth
Other key lawyers:
Mark Payne; Angela Kearns; Ian Painter; Adrian Levy; Alis Pay; Angela Kearns, Matt Taylor
Testimonials
‘The CC team has great strength and depth and there are no weak links. Their technical and commercial skills are exemplary. They are also very strong at finding client focused solutions to problems that arise on transactions.’
‘Excellent combination of technical knowledge and measured commercial application. Highly responsive and diligent at all levels of the team. Stand out partners would include Angela Kearns and Ian Painter.’
‘Clifford Chance is the firm to go to for big ticket occupier/HQ work on both the occupier and landlord/developer side. They differentiate themselves from other firms with a magic circle stamp of quality and full service offering, delivered by a market leading team. I have no hesitation in recommending them. Their quality of work and client service (e.g. responsiveness and thinking round corners, particularly with a view to funding and exit when on landlord/developer side) is second to none and they definitely merit a top tier ranking.’
‘I’d single out Angela Kearns. She is a top quality lawyer and extremely commercial. She is my go-to lawyer for this type of work as she has a broad practice and can turn her hand to all aspects of transactions. This works for us as it means we don’t have to deal with multiple lawyers. She is on top of her game, works hard for her clients and gets deals done. She managed to deliver one of the largest (if not the largest) pre-let in the film studios sector this year.’
‘Outstanding practice, commercial, excellent client communication and relation skills’
‘Alis Pay is an outstanding lawyer. She has been instrumental in helping us win our new office space – her legal knowledge is outstanding, she is very efficient and commercial and client oriented. She manages her team very well. From a client perspective, there is seamless coverage.
‘James Law is an outstanding senior associate. He has been of great help negotiating our lease assignment. Always on top of his things and available for his client. Moreoever, he is a great partner to work with. Great team!’
‘Professionality, clever approach in problem solving.’
Key clients
Allianz Real Estate
Helical plc
NorthWest Healthcare REIT
Mubadala
BGO
Angelo Gordon
Macquarie
Nuffield College, in the University of Oxford
Apollo Global Management
Canary Wharf Group
Generali Real Estate
Legal & General
Mitsubishi Estate
Mitsui Fudosan
Nuveen Real Estate
Sadler’s Wells
Work highlights
- Advised Red Circle and Diesel on the disposal of the freehold interest in Diesel’s UK HQ at 55 Argyle Street, London, to Heatherwick Studios.
- Advised BGO in connection with the pre-letting of The Bloom to tech company and photo messaging app Snapchat in a deal that more than doubled Snapchat’s office footprint in London.
- Advised the Sadler’s Wells Foundation on several strategic occupier matters at their theatres including the granting of leases at the Sadler’s Wells Theatre to several associated artists and companies, the occupational arrangements at the Peacock Theatre, and the ongoing development of the new Stratford Waterfront dance theatre in Stratford.
Real estate > Commercial property: development Tier 1
Clifford Chance LLP has a strong track record in complex real estate developments and is particularly well known for its City and Canary Wharf headquarter projects. Other areas of expertise include mixed-use, urban regeneration and infrastructure projects as well as corporate real estate acquisition and joint venture work. The group demonstrates significant cross-border expertise with Angela Kearns focusing on inbound investment work from the APAC region, particularly from Japan, while Mark PaynePractice head(s):
Nigel Howorth
Other key lawyers:
Mark Payne; Angela Kearns; Ian Painter; Adrian Levy; Alis Pay; Angela Kearns, Matt Taylor; Sarah Dawson
Testimonials
‘Effective advice always delivered by deadlines; strength in depth across the team. When you need it, the CC drafting nearly always leaves you in a positive position.’
‘Excellent knowledge and understanding of full development cycle and all component parts including tax, financing, planning, construction and development. Particularly strong on complex and innovative structuring. Highly solutions driven.’
‘Extremely responsive with ability to tailor solutions to our specific business requirements and needs.
‘We have been working with the CC team on a set of construction contracts that are very heavily amended and quite complex. They are very good, consistently looking out for the client’s interests. Overall consistently thoughtful and considered in their advice.’
‘I have worked with Clifford Chance on a number of long running development projects over the years, they are second to none. As they are full service, their team can cover the full lifecycle of developments, bringing expertise at all stages of the development. I like them because they stick with you and are genuinely excited about what you are creating. They work together seamlessly behind the scenes and the partners and directors seem to genuinely like each other and enjoy working together and it comes across. Highly recommend!’
‘I’d would absolutely single out Angela Kearns who is not only good fun to work with but a top quality lawyer, extremely commercial and a true development specialist. She is my go to lawyer as she has a broad practice and can turn her hand to the full lifecycle of projects, including the initial development structuring, rights of light, pre-letting, funding and ultimate exit. This is a real bonus as it means we don’t have to deal with multiple lawyers. She is on top of her game, works hard for her clients and gets deals done. She definitely deserves to be ranked as a Leading Individual in this category.’
‘We had a strong experience with the CC team as they helped us navigate entering a new market during the midst of the COVID-19 pandemic and an inability for us to travel to the site. They defended our legal position well against an experienced counterparty and ensured that we were we were well informed. The team was large but collaborated well to ensure that information was disseminated appropriately. The team’s gender diversity was strong but ethnic diversity was average. Overall, we would recommend the firm and team but only on more complex transactions. Their fees are above market for relatively straightforward property transactions.’
‘We had a great experience with Alis Pay and Sarah Dawson, who were our main contacts through the transaction. They were available and ready to help us understand the market’s nuances.’
Key clients
AIG Global Real Estate
Angelo Gordon
AshbyCapital
Battersea Power Station Development Company
Canary Wharf Group plc
Coin Street Community Builders
Corinthia Hotels
Country Garden
Heimstaden
Helical plc
Hillwood
JTRE
Legal & General
Mitsubishi Estate
Mitsui Fudosan
Native Land
NorthWest Healthcare Properties REIT
Nuveen Real Estate
Sadler’s Wells
Work highlights
- Advised Allianz Real Estate on their 50:50 development joint venture with Ivanhoe Cambridge for the redevelopment of Stonecutter Court in Farringdon, London.
- Advised Helical plc on the acquisition 100 New Bridge Street, London EC4, the London HQ of international law firm Baker McKenzie, for a cash consideration of £160m.
- Advised Heimstaden Bostad, a leading residential real estate company in Europe, on their acquisition of Soho Wharf in Birmingham for £160m from Apsley House Capital and Galliard Homes.
Real estate > Construction: non-contentious Tier 1
Clifford Chance LLP operates across a broad range of construction markets, including energy, oil and gas, mining, transport, infrastructure and real estate, acting for developer, funder and contractor clients. It has a core focus on domestic and international renewable energy matters, alongside an established nuclear practice. It is also well regarded for its work in emerging construction sectors, particularly for green hydrogen production facilities, green steel, carbon capture, and biofuel matters. David Metzger leads the group, with expertise across the energy, infrastructure and real estate development sectors. Sandy Hall‘s practice is focused on energy transition in the UK and the Caspian region, whilst Marianne Toghill specialises in large urban regeneration projects. Edward Bretherton is also notable for his expertise in wind, solar and new nuclear projects.Practice head(s):
David Metzger
Other key lawyers:
Sandy Hall; Marianne Toghill; Edward Bretherton; Adam Waite
Testimonials
‘Effective advice always delivered by deadlines, with strength in depth across the team.’
‘Marianne Toghill is an expert and provides market leading insights and advice delivered with high efficiency.’
‘A well run team with a very commercial approach and a fast turnaround. Work is resourced appropriately. Very friendly and collaborative, and a pleasure to work with.’
‘Adam Waite is very responsive and detailed in his work. Good at remembering what threads are outstanding and need chasing.’
‘Ed Bretherton is not only deeply knowledgeable in this sector but he is exceptionally commercial, able to navigate negotiations between lender and borrower in a balanced and equitable manner, making for a much smoother execution.’
‘Their knowledge on construction contracts is excellent, allied to their constant desire to be tested and learn from case study. Their input during contract negotiations remains friendly but firm and well measured.’
‘Availability, knowledge, agility and dedication. The service is really unique and personalised, particularly in relation to Sandy Hall and Simon Smith.’
‘David Metzger stands out at the top of premier league of non-contentious construction lawyers.’
Key clients
Battersea Project Land Company Limited
State Oil Company of Azerbaijan Republic
US Department of Energy
Native Land
Electricite de France
EDF Energies Nouvelles
NTT
Aldau
PlatformCo Hidrogeno
8 Rivers Capital LLC
AIG
Work highlights
- Advising PlatformCo Hidrogeno as developer of HyDeal Asturias, a multi-billion Euro, multi-GW green hydrogen project including a fleet of solar to gas plants and a green H2 pipeline feeding industrial and other offtakers in Asturias, Spain.
- Advising 8 Rivers LLC as developer of a net zero power plant in Teesside using state-of-the-art technology to generate highly-efficient, low-cost energy from natural gas and capturing exhaust CO2 for commercial purposes or sequestration.
- Advising Egyptian based developer, Aldau, on the construction of their first development in the UK, 4 Portal Way, which will be the tallest residential building in London.
Real estate > Environment Tier 1
Clifford Chance LLP‘s international network of offices enables the team to handle complex multi-jurisdictional cases, including a growing amount of ESG-related work – which involves, among other things, climate change, health and safety issues and environmental regulation. The team has expertise in the environmental aspects of complex major infrastructure and development projects. It benefits from the presence of high-profile individuals including practice head Nigel Howorth, who has deep experience across environmental disputes, claims management and litigation. ‘Phenomenal‘ Michael Coxall also contributes to the team with his experience advising clients on the EU REACH chemicals and biocides regimes, among other areas. The team has developed a global ESG newsletter setting out legal, policy and market developments in relation to ESG in many jurisdictions.Practice head(s):
Nigel Howorth
Other key lawyers:
Michael Coxall; Kirsty Souter; Anneke Theelen
Testimonials
‘We chose to work with the Environment team at Clifford Chance because of 1) the specific individuals and 2) the ability of the firm to cover the full range of legal services that we required for the transaction in question. This included the M&A, financing, public takeover and tax teams.’
‘Our main contact was Nigel Howorth who was excellent and the reason that we chose to work with this team. He was very good at not just explaining very technical issues in a way that everybody else on the deal team could understand but his experience allowed him to contextualise the issues which is very important in this area.’
‘Very strong sector knowledge, especially in energy, combined with good old fashioned commercial understanding, especially in the M&A context.’
‘Michael Coxall remains a phenomenal knowledge on environmental law. His depth doesn’t seem to be challenged by the continued broadening of that area of law.’
‘Nigel Howorth is one of the most experienced practitioners in the environmental and energy law spaces. He seems equally comfortable with a regulatory or a transactional hat on.’
‘Great service. They had excellent knowledge of the national and local regimes and frameworks and were able to provide support across the spectrum, from high level strategic advice to teams of junior lawyers to support the necessary heavy lifting.’
‘Nigel Howorth – great technical knowledge but allied to a pragmatic / practical approach which enables the business to focus on the critical risks / issues. Very personable and able to communicate effectively across all levels of the business.’
‘Clifford Chance is our go-to firm for all matters involving environmental, health & safety, and chemical registration and related matters in the UK and throughout the EU.’
Key clients
Official Receiver
Clayton, Dubilier & Rice LLP
Ancala
DP World
Partners Group
easyJet
Chrysaor
Aviation Working Group
EQT
CBRE Investment Management
Work highlights
- Advising the Official Receiver of the Baglan group of companies on numerous environmental and health & safety issues associated with the liquidation of the Baglan Bay gas turbine power station.
- Advising Chrysaor on four bespoke verified emissions reduction purchase agreements, with three different counterparties.
- Advising Clayton, Dubilier & Rice LLP on the environmental aspects of it’s £9.95 billion (enterprise value) acquisition of Wm Morrisons Supermarkets plc.
Real estate > Property finance Tier 1
Clifford Chance LLP’s thriving real estate finance group advises a wide range of clients, including lenders, sponsors, investors and borrowers, on large and complex UK-based and cross-border real estate transactions. Barry O’Shea leads the team and has a thriving pan-European practice, advising both lenders and borrowers on restructurings, acquisitions and structured debt. ‘Seasoned partner‘ Andrew CarnegiePractice head(s):
Other key lawyers:
Andrew Carnegie" data-parent-type="account" data-parent-id="104" data-disabled-flag="FALSE" data-office-id="70396" data-contact-id="528582">Andrew Carnegie; Emma Matebalavu" data-parent-type="account" data-parent-id="104" data-disabled-flag="FALSE" data-office-id="70396" data-contact-id="841903">Emma Matebalavu; Jane Cheong Tung Sing; Laura Smallcombe; Claire Fawcett; Will Sutton
Testimonials
‘The full service offering is very attractive.’
‘They can help you originate, repack, warehouse, repo or securitise and the different teams and jurisdictions work well together. Technically excellent.’
‘Impressive knowledgeable and strong team that produce good work product and are well informed with respect to the market.’
‘Andrew Carnegie is a seasoned partner with a wealth of experience. He can give you the steer you need on where the market is, was and where it should be.’
‘Laura Smallcombe has an amazing career ahead of her. She is technically excellent, organised and a pleasure to deal with.’
‘Barry O’Shea is a go-to partner for every deal. He is commercial and solution-oriented, and transactions are truly in safe hands with him’
‘Emma Matebalavu is fantastic: she knows the market, the participants, has unparalleled legal skills and is also a lovely person.’
Key clients
Bank of America Merrill Lynch
Apollo
Deutsche Bank
Goldman Sachs
Morgan Stanley
Blackstone
Wells Fargo
JP Morgan
Fortress Investment Group
Davidson Kempner
Work highlights
- Advised Goldman Sachs on the financing Apollo’s acquisition from Enpam of a portfolio of properties, including office, housing, hospitality and logistics principally located in the Rome, Lombardy and Milan regions of Italy.
- Advised Deutsche Bank AG on Sage AR Funding 2021 PLC.
- Acted for the borrower on a hybrid real estate and whole business financing secured on data centres in the UK.
Risk advisory > Corporate governance Tier 1
Clifford Chance LLP acts for a range of top international blue-chip clients across the full spectrum of corporate governance issues, including compliance, regulatory and risk management matters. The practice stands out for its dedicated international ESG board and strong global platform, allowing it to handle cross-border mandates with ease. David PudgePractice head(s):
David Pudge; Luke Tolaini
Other key lawyers:
Steven Fox; Alanna Hunter; Rae Lindsay; Richard Crosby; Kate Norgett
Testimonials
‘Deep subject matter expertise, responsiveness and excellent engagement’.
‘Focus on the client’s needs’.
‘The team consistently delivers commercial and practical advice tailored to our circumstances, based on its second-to-none legal and regulatory insights’.
‘The responsiveness of our main client partner, David Pudge, and his capacity to deliver consistently the highest quality commercial advice is outstanding’.
‘They bring a pragmatic, approachable style to solve complex problems’.
‘Strength in depth at all levels of seniority’.
‘Superb technical knowledge and very responsive’.
‘Steven Fox is an absolute star. Capable of managing challenging board level issues with pragamatic and clear advice’.
Key clients
Admiral
Antofagasta
Barclays
C&C Group
Devro
easyJet
French Connection
Glencore
Halfords
Harbour Energy
HSBC Informa
ITV
Jupiter Fund Management
Legal & General
Meggitt
Pharos Energy
Provident Financial
Serco
THG
Wizz Air
Work highlights
- Advised THG plc (formerly the Hut Group Limited) on its IPO onto the standard listing segment of the UKLA’s Official List and the LSE’s main market in September 2020, and continued to advise it across the full spectrum of corporate governance work.
- Worked with Serco in all aspects of its recovery, following charging irregularities in relation to contracts with the MOJ.
- Advised HSBC Holdings plc on the full range of corporate governance and corporate advisory issues.
TMT (technology, media and telecoms) > Fintech Tier 1
Clifford Chance LLP has expertise across M&A, technology, data privacy, financial regulation and insurtech matters. Other areas of focus include capital markets, tax, antitrust, intellectual property, ethics, cybersecurity and litigation work. The practice advises tech-focused corporates and financial institutions, regulators and governments, insurance companies, financial investors and disruptors. Simon Crown leads the team alongside Jonathan Kewley, with the latter focusing on the cutting-edge areas of technology ethics, data, AI, cybersecurity and blockchain regulation. Kate Scott completes the leadership trio, specialising in fintech litigation. Monica Sah is recognised for her work relating to regulatory change for global financial institutions and disruptor blockchain providers. André Duminy, also head of the firm’s London technology sector focus group, global outsourcing department and UK commercial practice, is another key member of the team, while senior associate Diego Ballon Ossio advises technology companies, financial institutions and other market participants on the regulatory aspects of digital asset trading and custody issues.Practice head(s):
Simon Crown; Jonathan Kewley; Kate Scott
Other key lawyers:
Testimonials
‘Andre Duminy navigated an extremely difficult and complex anti-trust led auction process in a tight timeline involving the market leading fintech wrap platform business with global application.’
‘Andrey Duminy and Monica Sah provide oversight and insights that can make the difference between success and stagnation.’
‘Diego Ballon Ossio was able to provide a service that several other Magic Circle law firms were unable to.’
‘Diego Ballon Ossio was our main point of contact and was incredible throughout.’
‘Diego Ballon Ossio’s ability to provide practical and commercial advice within a sector that is notoriously difficult to navigate was a true joy to watch.’
‘Diego Ballon Ossio is an exceptional lawyer and has extensive knowledge and understanding of his subject matter from both a legal and commercial standpoint.’
‘Monica Sah was extremely approachable and committed – she and her team deserve a 5 star review for the quality of their advice and service.’
‘Diego Ballon Ossio is technically very good. He understands the financial services sector very well and applies this to fintech and crypto.’
Key clients
Mastercard International Incorporated
Anchorage Capital Partners
FIS
Payward Ltd (Kraken)
Coinbase
Paysafe
MarketAxess
City Football Group Ltd (Manchester City Football Club)
Liverpool Football Club and Athletic Grounds Limited
Solstarter
Work highlights
- Represented Mastercard on its acquisition of Nets’ account-to-account payments business.
- Advised Anchorage Capital Partners, a leading global private equity fund with extensive financial services and systems experience, on the acquisition of GBST, a leading global wealth management platform from FNZ.
- Advised a large fortune 500 fintech company on its largest ever outsourcing taking over a US investment management firm’s core operation (including around 800 staff and existing systems and processes).
TMT (technology, media and telecoms) > IT and telecoms Tier 1
Clifford Chance LLP has a thriving telecoms practice, handling major transactions in the telecoms sector and advising clients on digital infrastructure relating to fibre networks, data centres and telecoms towers. It also advises clients on large IT outsourcing and strategic contracting work, as well as regulatory issues and cutting-edge technologies, such as blockchain. Department head André Duminy focuses on commercial transactions, M&A, technology projects and outsourcing arrangements; he is also very active in the fintech and insurtech space and has acted for start-ups and large institutions investing in start-ups and their technology. Jennifer Mbaluto is co-head of the firm's East Africa practice and leads the technology M&A practice with strength in emerging African markets. Jonathan Kewley is also of note as co-head of the firm’s technology group, with a strong practice focused on cutting-edge technology ethics, data, AI, cybersecurity and blockchain regulation. Zayed Al Jamil joined the firm from Norton Rose Fulbright.Practice head(s):
Other key lawyers:
Testimonials
‘The availability of senior partners, together with the seamless integration of advice across multiple Clifford Chance practice groups, is a key part of the offering.’
‘Highly commercial and diligent practice group with a clear understanding of client objectives and timelines.’
‘The team is creative and solution focused, whilst being flexible and nimble.’
‘Jennifer Mbaluto and André Duminy can navigate extremely difficult and complex anti-trust led auction processes to a tight timeline.’
Key clients
Africell
Allegro
Anchorage Capital Partners
Block.one
Cellnex Telecom
Delivery Hero
EE
Epic Games
EQT
FIS
G.Network Communications
HQLAx
LZ Labs
Panasonic
Sitecore
State Street
Spotify
Telefonica
Tencent
The Hut Group
Work highlights
- Advised Cellnex on the acquisition of the European telecoms towers business of CK Hutchison Holdings for €10bn.
- Advised Telefónica on the £31bn merger of O2 UK mobile phone company with Liberty Global’s Virgin Media UK broadband and cable TV provider to create the 50/50 JV “Virgin Media O2”.
- Advised FIS on its 10-year outsourcing transaction with Franklin Resources, Inc.
Transport > Rail Tier 1
With Paul Carrington at the helm at Clifford Chance LLP the rail team has consistently acted on the UK’s market leading rail projects over the last 30 years. It has an in-depth understanding of the rail industry and works on behalf of major rail infrastructure bodies, rail sector financiers and manufacturers as well as rail operators. It also works alongside its excellent construction and infrastructure teams on a range of complex rail projects and construction contracts and it is adept at handling complicated franchising matters and rolling stock procurements. Carrington also has extensive experience in structured finance and corporate restructuring work in the rail sector. Michael Pearson advises on major rail projects in the UK and internationally. Ranbir Hunjan specialises in asset financing, leasing and banking in the rail sector. Alain Dodds and Dominic Watts are other significant members of the team.Practice head(s):
Paul Carrington
Other key lawyers:
Key clients
LGIM
Network Rail
Rock Rail
Aviva
Hitachi
The Royal Bank of Scotland
SMBC
ING
Lombard
EQT Infrastructure
Equitix
Work highlights
- Advising Rock in relation to a further major variation to their Manufacture and Supply Agreement with Bombardier Transportation for rolling stock for South Western Railway.
- Advising Rock in relation to a lease for 150 electric multiple unit vehicles to be operated on various routes terminating in Moorgate, linked to the new National Rail Contract for Govia Thameslink Railway Limited (“GTR”).
- Advising Hitachi on its agreement to acquire Thales’ Ground Transportation Systems business.
Corporate and commercial > Corporate tax Tier 2
Clifford Chance LLP fields a team with significant experience across M&A, finance, funds, real estate and tax structuring. Team lead and UK head of tax Chris DaviesPractice head(s):
Chris Davies
Other key lawyers:
Nick Mace; David Harkness; Anthony Stewart; David Saleh; Laura Underhill; Jemma Dick; Nicola Hemsley
Testimonials
‘David Saleh and his team are very proactive in terms of client relationship management and tax planning for them – very explicit, clear and concise (especially for clients who have no understanding of the UK tax landscape – it can sometimes be a back to basics exercise).’
‘The quality of the people, especially the partners, is excellent and consistently so. They have a wide client base in my sector and a breadth of experience which is valuable and differentiates them from more niche competitors.’
‘David Harkness is a trusted adviser. I feel I can rely on him to provide well considered input and I trust him to handle the most sensitive issues we face. He has engaged very well with our business and delivered constructive advice.’
‘Proactiveness and responsiveness from David and team, despite his seniority, there is a proactive nature to client satisfaction and going over and above to assist/explain.’
Key clients
Heimstaden Bostad AB
EQT Exeter
Caisse des Dépôts et Consignations (CDC)
Allianz Real Estate
ICG (Intermediate Capital Group)
Gamesys Group plc
French Connection Group plc
Telefonica Tech
Citibank NA
Work highlights
- Advising Citi on its announced exit from consumer banking in 13 jurisdictions in Asia and Europe.
- Advising Heimstaden Bostad, on the tax aspects of their acquisition of Soho Wharf in Birmingham for £160 million from Apsley House Capital and Galliard Homes.
- Advising Intermediate Capital Group plc, on the tax aspects of the formation and closings of ICG Recovery Fund II – a fund established to focus on investments in the special situations and tactical opportunities space.
Corporate and commercial > EU and competition Tier 2
Clifford Chance LLP’s ‘dedicated’ competition law team represents a number of household names including Amazon, Spotify and Mastercard. The team has a very strong practice in the tech, fintech and pharma sectors and also regularly advises on antitrust and foreign investment clearances for complex mergers. Greg OlsenPractice head(s):
Greg Olsen
Other key lawyers:
Alex Nourry; Nelson Jung; Sue Hinchliffe; Jennifer Storey; Chandralekha Ghosh; Aniko Adam
Testimonials
‘The availability of senior partners together with the seamless integration of advice across multiple Clifford Chance practice groups was a key part of the success of a recent acquisition of ours.’
‘Diligent and with a clear understanding of client objectives and timelines’
‘Creative and solutions focused while being flexible and nimble’
‘Very dedicated, work well together, regular billing and updates’
‘Nelson Jung & Aniko Adam navigated an extremely difficult and complex anti-trust led auction process in a tight timeline.’
‘Greg Olsen manages the complexities very well; is always available and provides answers clearly and in plain English.
‘Jenny Storey wraps around the client and takes the time to understand complicated and non-standard structures.’
Key clients
Amazon
Spotify
Mondelez International
Mastercard
Comcast / NBCUniversal
General Electric
Inmarsat
Delivery Hero
CD&R
CVC
Work highlights
- Advising Amazon on multi-jurisdictional merger filings associated with its acquisition of Metro-Goldwyn-Mayer (MGM) Studios. The firm is advising on all merger fillings outside of the US, including the EU filing.
- Advising Cellnex on its acquisition of Arqiva’s telecommunications towers business, which was cleared unconditionally by the UK Competition and Markets Authority (CMA) at Phase 1.
- Represented Mastercard in securing conditional antitrust clearance for its €2.85 billion acquisition of Nets’ account-to-account (“A2A”) payments business.
Corporate and commercial > M&A: upper mid-market and premium deals, £500m+ Tier 2
In the wake of an impressive run which has seen the team advising the likes of Telefónica, Cellnex, and Chrysaor Holdings on market-leading transactions, Clifford Chance LLP continues to handle numerous multi-billion pound deals for an impressive range of financial sponsors and FTSE 350 corporates. Practice co-chair Melissa Fogarty‘s recent highlights include big-ticket telecoms acquisitions and multi-jurisdictional divestitures in the financial services sector, while consultant Tim Lewis‘ takeover expertise has seen him handling major cross-border deals for leading multinational insurers. A number of leading banks and retailers routinely turn to David PudgePractice head(s):
Melissa Fogarty; Nigel Wellings
Other key lawyers:
Guy Norman; Steven Fox; David Pudge; Gareth Camp; Katherine Moir; James Bole
Key clients
Citi
Unilever
Gamesys
Barclays
easyJet
Virgin Money
Informa
Cellnex
London Stock Exchange Group
Dulux Group
Telefonica
Entain
Serco
Inmarsat
Work highlights
- Advised Gamesys Group on its combination with Bally’s Corporation.
- Advising Citi on its announced exit from consumer banking in 13 jurisdictions in Asia and Europe.
- Advised Philip O’Doherty, founder of the E&I Engineering Group, and other management shareholders, on their disposal of E&I Engineering Ireland Limited, and its affiliate, Powerbar Gulf LLC.
Corporate and commercial > Private equity: transactions – high-value deals (£250m+) Tier 2
Clifford Chance LLP is instructed by a range of prominent PE houses to handle some of the largest, most complex transactions in the market. In 2021, the practice acted on a number of high-profile public-to-private deals, most notably advising Clayton Dubilier & Rice on its acquisition of Wm Morrisons Supermarkets plc. Carve-outs, secondary transactions and co-investments are also areas of growth for the team. London practice head Christopher Sullivan is particularly noted for his work on secondaries, while global head of PE Jonny Myers remains active across buyouts and exits. Spencer Baylin is ‘incredibly bright with years of experience behind him’ and serves as relationship partner for many of the firm’s key clients. The team brought in Neil Evans from Mayer Brown International LLP in January 2022, strengthening its relationships with KKR and Blackstone Real Estate. Oliver Marcuse was promoted to partner in April 2022 and focuses on secondary deals and co-investments. Simon Tinkler left the firm in March 2022.Practice head(s):
Christopher Sullivan
Other key lawyers:
Spencer Baylin; Jonny Myers; Neil Evans; Oliver Marcuse; Shimin Lee; Charlotte Madden
Testimonials
‘Strong private equity team with years of experience. Excellent at complex transactions and always able to find an agreeable solution to ensure the deal moves forward.’
‘Spencer Baylin is incredibly bright with years of experience behind him. Whatever deal you are doing he has seen it before and knows the best way forward. Shimin Lee is a stand out associate and true rising star.’
‘The CC team totally gets client needs: they can look around corners, delivering solutions not problems, thinking as if part of our team. They really do operate as a single European team, but we rely on London to lead from the front. International and pan-European transactions are really where they excel. They advise on the whole PE investment cycle and most material institutional and reputational issues from investment through growth, financing, governance changes and eventual exit.’
‘Jonny and Spencer as client relationship leaders are stars and deliver the team yet are surrounded by rising stars. No matter who they are up against for us or working together with they are market leaders.’
Key clients
Clayton, Dubilier & Rice
Cinven
Permira
Onex
Blackstone
CVC Capital Partners
Partners Group
EQT
Actis
KKR
Work highlights
- Advised CD&R on its £9.95 billion (enterprise value) acquisition of Wm Morrisons Supermarkets plc.
- Advised Cinven on a major investment in True Potential, with the company’s founders, management, and private equity firm FTV Capital selling an undisclosed, majority stake in the business to Cinven.
- Advised Cinven on the agreement reached with Restaurant Brands Iberia’s (“RB Iberia”), current shareholders (the founding families and Burger King Europe GmbH) on its acquisition of a majority stake in RB Iberia’s share capital.
Crime, fraud and licensing > Fraud: civil Tier 2
Clients note Clifford Chance LLP for combining ‘the might of a major international law firm with remarkable deftness of touch‘. The team has a strong track record in acting in fraud and asset recovery matters, often seeking interim relief and securing recoveries through trial or settlement. Kelwin Nicholls is knowledgeable in fraud disputes arising out of business transactions. The group is led by Russia, France and Middle East-specialist Matthew Scully, and also includes Roger Leese, who is sought out by trusts and financial services clients.Practice head(s):
Matthew Scully
Other key lawyers:
Kelwin Nicholls; Roger Leese; Luke Tolaini
Testimonials
‘I think its one of the best practices in this sector in the world. You get all the might of a major international law firm with remarkable deftness of touch in their London team.’
‘Luke Tolani is one of the very best; manages very complicated hostile litigation in the sector and his team walk in his footsteps.’
Key clients
Serco Group Plc
Panasonic Europe B.V.
Cellcom Telecommunications Ltd
Apax Partners
Deutsche Bank
Terra Firma
Dispute resolution > Competition litigation Tier 2
With a solid and experienced competition litigation team, regularly handling significant antitrust claims and cartel investigations, Clifford Chance LLP sits ‘at the top of the pile’ according to clients. Some significant recent mandates include representing Fortnite creators Epic Games in the Competition Appeal Tribunal against Google, handling abuse of dominance issues under TFEU provisions, and matters relating to the UK Competition Act. The group also represents noteworthy clients such as EE and Pfizer, and acted for the latter in an appeal before the Supreme Court. Members of the team have backgrounds in public law, criminal law, technology and regulatory investigations, supplementing the practice. Elizabeth MoronyPractice head(s):
Elizabeth Morony
Other key lawyers:
Samantha Ward; Luke Tolaini; Matthew Scully; Ben Jasper
Testimonials
‘Clifford Chance are unquestionably at the very top of the pile when it comes to competition litigation. The roster of recent and ongoing cases is astonishing.’
‘Luke Tolaini is their star operator. He can turn his hand to any litigation but has successfully leveraged his white collar litigation practice into competition litigation. Extraordinary tactical sense and a nose for a winning point. Ben Jasper is a partner in all but name. His output is astonishing and in every case he quickly ends up more expert in the area of law than all of the expert lawyers in the case – a phenomenon.’
‘Superb team. Collaborative, measured. Well resourced.’
‘Sam Ward – clever and conscientious.’
Key clients
Cinven
EE
Epic Games
Pfizer Inc. and Pfizer Limited
Xellia and Alpharma LLC
Work highlights
- Defending EE in a high-profile claim brought on behalf of the administrators of Phones 4 U, the now-defunct mobile phone retailer, for breaches of competition law and for breach of contract.
- Acting for Epic Games in a claim before the Competition Appeal Tribunal against Alphabet/Google, relating to Fortnite, one of the most popular computer games in the world used by millions of consumers worldwide.
- Representing Pfizer in relation to the CMA’s re-investigation into phenytoin, its successful representation before the Court of Appeal relating to the CMA’s original decision, and an appeal before the Supreme Court in relation to the recovery of Pfizer’s costs of its successful appeal before the tribunal.
Dispute resolution > International arbitration Tier 2
With clients ranging from high-profile financial institutions, to major energy and construction companies as well as states, Clifford Chance LLP‘s London practice has a strong track record in both commercial and investment treaty arbitrations. Global co-head of international arbitration Audley Sheppard KCPractice head(s):
Audley Sheppard KC
Other key lawyers:
Rob Lambert" data-parent-type="account" data-parent-id="104" data-disabled-flag="FALSE" data-office-id="70396" data-contact-id="528597">Rob Lambert; Alex Panayides; Marie Berard; Jessica Gladstone" data-parent-type="account" data-parent-id="104" data-disabled-flag="FALSE" data-office-id="70396" data-contact-id="828670">Jessica Gladstone; Christina Schuetz; Eraldo d’Atri; Anna Kirkpatrick; Sam Brown; Sachin Trikha
Key clients
Aabar Investments PJS
Manchester City Football Club
POSCO E&C
Invenergy Renewable (US)
Kingsgate Consolidated
Tantalum International
Cortec Mining Kenya
Churchill Mining
Planet Mining Pty
Odebrecht Latinvest
Invenergy Renewable (US)
Work highlights
- Representing POSCO E&C in a $2bn-plus ICC arbitration, arising in connection with the development and construction of a new smart city near Incheon, Seoul.
- Representing Manchester City Football Club in arbitration proceedings against the Premier League (PL), arising from a PL investigation into compliance with its rules.
- Representing Odebrecht in an ICSID arbitration against the republic of Peru, in relation to the termination of a concession contract to build and operate a pipeline for the transportation of natural gas.
Dispute resolution > Tax litigation and investigations Tier 2
Clifford Chance LLP‘s contentious tax practice has expertise in complex international and cross border investigations and disputes involving VAT. Recent highlights include advising in relation to a dispute around the tax treatment of foreign tax credits. Co-head David Saleh has particular expertise in real estate-related taxes while other co-head David HarknessPractice head(s):
David Saleh; David Harkness
Other key lawyers:
Key clients
Major banks
Investment funds
Corporate entities
Work highlights
Employment > Employers Tier 2
Clifford Chance LLP‘s full-service employment practice has seen a significant rise in instructions relating to Covid-19 related issues, such as vaccination status and data protection issues, as well as in the implementation of the new remuneration regime under the MIFIDPRU Remuneration Code. Other areas of involvement include regulatory changes affecting financial services, regulatory investigations, #metoo investigations and in governance and boardroom advice. Alistair Woodland has a well-earned reputation acting for major corporate and financial sector clients on remuneration, data security and regulatory investigations. Mike Crossan supports clients on outsourcings, the Acquired Rights Directive (TUPE) and international projects. Chinwe Odimba-Chapman and Alastair Windass are the other key figures.Practice head(s):
Alistair Woodland; Mike Crossan
Other key lawyers:
Testimonials
‘Michael and Alastair both very capable. Michael is at his best strategising on potentially contentious matters. Alastair is pragmatic and dogged, works well with corporate and wider teams.’
‘The team quickly understood the complex issues we were facing and partnered with us to develop a strategic plan to address it.’
‘They used all the resource and experience they had from working with similarly sized businesses who had similarly complex issues to deal with, and used this to help us achieve our goal.’
Key clients
Permira
Blackstone
Telefonica Tech
Actis
EQT
Vanguard
The Hut Group
Mondelez
DK Partners
Work highlights
- Defended a major international bank in relation to a claim alleging discrimination, equal pay breaches and harassment, and brokered a settlement allowing for a clean break for all parties.
- Acted as lead investigator in an ethics investigation for a major international bank following allegations about retaliation against a potential whistleblower, straddling employment and regulatory considerations.
- Acting for a leading international bank in relation to claims brought by a former employee, who had been dismissed for gross misconduct on the grounds that he had misled clients.
Finance > High yield Tier 2
Clifford Chance LLP has a ‘skilled, patient, collaborative and efficient team that makes high yield bond offering processes as smooth as possible‘. Practice head Michael Dakin was involved in one of the most complex deals in the market, having acted for Codere Group on the issuance of multiple tranches of new high yield bridge notes. The restructuring process also included multiple private placements of additional notes offered to the existing bondholders. Andrew Kelly gets ‘a particular shout-out for consistently bringing his A-game‘. John Connolly who specialises in US securities law advice, including advice in connection with registered securities offerings, Rule 144A offerings, private placements and Regulation S offerings, also plays a key role in the practice.Practice head(s):
Michael Dakin
Other key lawyers:
Testimonials
‘Skilled, patient, collaborative, and efficient team has made our multiple HY bond offering processes as smooth as possible.’
‘Particular shout-out to Andrew Kelly for consistently bringing his A-game!’
‘Andrew Kelly is an excellent technician and user-friendly.’
‘Clifford Chance partners are highly responsive, dedicated, and are highly proficient in emerging markets and high yield.’
‘In particular, it has been an absolute pleasure to work with Andrew Kelly; Andrew is exceptionally hands-on, extremely approachable, and his legal advice has been invaluable in ensuring smooth transaction executions.’
Key clients
Banco Bilbao Vizcaya Argentaria, S.A.
Banco Santander, S.A.
BofA Securities Europe S.A.
BNP Paribas
Credit Suisse Securities
Sociedad de Valores, S.A.
Deutsche Bank Aktiengesellschaft
Goldman Sachs
HSBC Continental Europe S.A.
ING Bank N.V.
Mediobanca – Banca di Credito Finanziario S.p.A.
Morgan Stanley Europe SE
Raiffeisen Bank International AG
Raiffeisen Schweiz Genossenschaft
UBS AG
UniCredit Bank AG
Citigroup Global Markets Limited
J.P. Morgan Securities plc
Standard Chartered Bank
Rand Merchant Bank
Absa Bank Limited
RBC Capital Markets
LLC
Access Bank Plc
Barclays
Credit Agricole
ING
RBC
Gunvor
HSBC
Lloyds Bank Corporate Markets
NatWest Markets
Santander
Bank Pekao
PKO
Codere Group
Standard Chartered Bank
Telefonica
NewDay Bondco Plc
Aedas Homes Opco, SLU
Cinven
True Potential
Work highlights
- Advised Codere Group on the issuance of multiple tranches of new high yield “bridge” notes in advance of and in connection with a consensual restructuring.
- Advised the Initial Purchasers in connection with the issuance of senior notes by IHS Holding Limited. The bond offering consisted of (i) US$500 million 5.625% Senior Notes due 2026 and (ii) US$500 million 6.250% Senior Notes due 2028.
- Advised BNPP, Barclays, BofA, Credit Agricole, Deutsche Bank, Goldman Sachs, ING and RBC as initial purchasers in connection with the issuance by BUT of €500 million 4.25% Senior Secured Notes due 2028.
Industry focus > Hospitality and leisure Tier 2
Clifford Chance LLP regularly handles high-end, complex and multi-disciplinary work for a range of clients including investors, lenders, borrowers, operators and developers. Global real estate co-head Alis PayPractice head(s):
Alis Pay; Sarah Thomas
Testimonials
‘The practice comprises some exceptionally talented people ready to provide a very practical approach to the matter.’
‘Exceptionally good at what they do. Very committed. They approach the matter from a proprietary perspective, almost as though my problems were their problems and our success is their success.’
Key clients
Aldau Developments
Corinthia Hotels
Electra America Hospitality Group LLC
Fortress
JTRE
Mitsubishi Estate London
Morgan Stanley
Partners Group
Sadler’s Wells Foundation
Shangri-La Hotels & Resorts
The HongKong and Shanghai Hotels Limited
Wells Fargo
Work highlights
- Aacted for the bidders on the proposed consensual sale of the Nobu Hotel Shoreditch.
- Advised Aldau, on their first large development in the UK, including the demolition of the Holiday Inn West at Portal Way Acton and the development of a mixed use project designed by international architect KPF.
- Acted for Wells Fargo as senior lender in connection with the acquisition refinancing of The Belfry Hotel by Goldman Sachs Asset Management and Cedar.
Industry focus > Life sciences and healthcare Tier 2
Clifford Chance LLP’s healthcare and life sciences group is praised by clients for its ability to ‘hit the ground running at full tilt in order to navigate strategic and commercial issues against incredibly tight time frames’. With notable experience acting for biotech, pharmaceutical, medical device and healthcare companies, the team leverages the firm’s wider network to advise on a range of global mandates spanning the entire product lifecycle. The practice is also recognised for its expertise in the health tech arena and the cannabis-based therapeutic market. Stephen Reese and Gareth Camp jointly lead the group, specialising in IP and corporate work, respectively.Practice head(s):
Stephen Reese; Gareth Camp
Testimonials
‘Clifford Chance responded with equal urgency and relevance. the team’s knowledge of the sector and its key players was invaluable and meant that we hit the ground running at full tilt in order to navigate strategic and commercial issues against incredibly tight time frames. availability was never an issue and, of real importance to me, was the way that Clifford integrated fully into the team and established rapport and transparency in the working relationship.’
‘I had the pleasure of working with Stephen Reese and his team on a couple of critical projects during the Covid crisis. The level of support they were able to provide to myself as the accountable project lead was first class. I particularly appreciated their astute insights into potential strategies in what was an extremely fluid, globally competitive and politically intense environment. I also hugely appreciated the way they supported my need to not take any possibility off the table in search of breakthroughs.’
‘Excellent sector knowledge.’
‘Stephen Reese has excellent sector knowledge and delivers to the brief perfectly.’
Key clients
Pfizer Inc
Her Majesty’s Government
Gyrus Capital
Moorfields Eye Hospital NHS Trust
AGC Biologics A/S
Quell Therapeutics
Moorfields Eye Hospital NHS Trust
Cinven
Fujifilm Kyowa Kirin Biologics
Work highlights
- Advising Pfizer on its global patent licensing and collaboration agreement with BioNTech for the development and commercialisation of the world’s first approved Covid-19 vaccine.
- Advising the UK Vaccine Taskforce on behalf of Her Majesty’s Government on the IP licensing, development, manufacturing and supply of multiple vaccines to the UK population for the treatment of Covid-19.
- Representing Pfizer before the Court of Appeal in the ongoing phenytoin case.
Insurance > Insurance litigation: for policyholders Tier 2
Clifford Chance LLP is a popular choice for banks, major corporate and private equity firms, maintaining a busy caseload acting for policyholders raising coverage issues and in test claims, particularly arising both in the context of the pandemic and the Ukraine crisis. Philip Hill ‘is right up there with the best’ and is active on D&O and liability insurance claims concerning the mis-selling of complex financial products, alleged fraud/breaches of duty in a transactional context, and political risk. He leads the group alongside the practices’ newest partner, Christopher Ingham, an expert in the oil, gas and energy sectors. Dorian Drew, Kate Scott and director Baljit Rai are recommended for financial services litigation and credit insurance.Practice head(s):
Philip Hill
Other key lawyers:
Testimonials
‘The team is able to provide strong support on the insurance regulatory side, in addition to being able to advise on the core commercial terms.’
‘Baljit Rai is an insurance expert and great at explaining the twists and turns of the market. Often subtle in her approach but incredibly effective. Excellent knowledge of her subject area.’
‘Philip Hill: His knowledge and expertise is right up there with the best and he is a pleasure to deal with.
‘Kate Scott: superb case management skills; really knows how to get control of a big case and is very good at foreseeing what issues the clients will need to have addressed.’
‘Philip Hill is very experienced and knowledgeable. Really thinks about his cases. Chris Ingham is an up and coming junior partner, who will go far.’
‘Christopher Ingham is a first-rate brain and a real thinker – he thinks inside and outside of the box, and no angle is left unexplored. He is capable of coming up with ideas that win cases – and that’s a rare quality. He’ a top quality insurance lawyer, and knows the industry as well as anyone.’
‘The insurance litigation team at Clifford Chance is absolutely excellent. All of the lawyers I have worked with have an exceptionally detailed knowledge of relevant insurance law, and great tactical and strategic insight into dealing with insurers. The team puts a premium on clear and regular communication with clients, and is very results-based in its approach.’
‘Philip Hillis exceptionally clever and experienced. He thinks very hard about his cases and is always on top of the law. Philip has an unrivalled ability to develop original and persuasive arguments on matters of policy construction to achieve optimal results for his clients.’
Work highlights
- Acting for a large number of aircraft lessors on claims to recover losses arising from the Ukraine crisis.
- Acting for eight major sports teams in claims to recover business interruption losses incurred during the Covid pandemic.
- Assisting numerous banks and financial institutions in the use of credit insurance for capital relief pursuant to the Basel Accords.
Investment fund formation and management > Private funds Tier 2
Clifford Chance LLP remains a leading name in private funds, providing comprehensive advice on complex global matters in this space and offering clients ‘deep experience across the market’. The team’s client base includes a host of multi-strategy fund managers, who come to the practice for its ability to provide advice across a range of asset classes, fund structures and key jurisdictions. Alongside its work handling the establishment of credit, private equity, infrastructure and special situations funds, the team has a noteworthy presence in secondary transactions, including GP-led restructurings and the transfer of LP interests. Following the retirement of Nigel Hatfield in April 2022, Alexandra Davidson now serves as global head of funds and investment management and has substantial expertise in high-value fund launches; she is praised as a ‘brilliant, hands-on, pragmatic lawyer’. Gerard Saviola has wide-ranging expertise in this space, having previously worked in New York, Paris and Hong Kong. Alexander Chester and Jonathan Bray are also names to note in the team, while Lily Marcel was promoted to partner in May 2022 and is ‘calm and delivers a timely service’. Senior associate Vishal Mashru is praised as the ‘best right hand person you could have’.Practice head(s):
Alexandra Davidson; Gerard Saviola
Other key lawyers:
Alexander Chester; Jonathan Bray; Lily Marcel; Stephanie Dunne; Pourab Paul; Camilla Blower; Vishal Mashru
Testimonials
‘The Clifford Chance private funds team is excellent. They are a diverse, knowledgeable, down to earth and user friendly team. Their approach to billing is refreshing especially compared to their peers.’
‘Led by Alex Davidson who is a brilliant, hands-on, pragmatic lawyer who engenders trust in her team. Largest green funds practice in the UK by an order of magnitude. Deep team with unequalled reach. Ability to draw on their offices in other countries to assist any time, including relevant Luxembourg and NY advice. Access to partners whenever you need.’
‘Alex Davidson is a consummate client partner, always available with pragmatic advice, makes it look easy even when its not. Extensive knowledge of the market. Unflappable and consummately team focused. Vishal Mashru is the best right hand person you could have.’
‘The Private Funds team has deep experience across the market and can hold a punch when negotiating against large institutional LPs.’
‘Lily Marcel is calm and delivers a timely service. Her advice is clear and, given we were launching our first institutional fund, was excellent at hand holding through the process without being patronising.’
‘Alexandra Davidson delivers exceptionally consistent and commercial advice. She finds solution to difficult situations and never loses her cool. She is always available and is incredibly proactive in delivering top quality work product.’
‘The practice takes personal touch to a completely different level. Their customer service and attention to detail is impeccable.’
‘Gerard Saviola, Stephanie Dunne and Pourab Paul are exceptional client advocates.’
Key clients
Rothschild & Co Investment Managers
HSBC Alternative Investments & HSBC Global Banking and Markets
SUVA
Credit Suisse Asset Management Limited & Credit Suisse Asset Management LLC
Arcus Infrastructure Partners
EQT AB
ICG (Intermediate Capital Group)
Capital Dynamics
Octopus Renewables Infrastructure Partners
DWS (investment management arm of Deutsche Bank)
Work highlights
- Advised Rothschild & Co Investment Managers on the formation of its flagship direct lending fund, Five Arrows Debt Partners III Fund.
- Advising Arcus Infrastructure Partners on the formation of Arcus European Infrastructure Fund 3, their latest European infrastructure fund, targeting commitments of €1.5 billion.
- Advised DWS (the investment management arm of Deutsche Bank) on the successful structuring and raising of its inaugural Private Equity Solutions Fund.
Projects, energy and natural resources > Mining and minerals Tier 2
The mining and metals team at Clifford Chance LLP advises clients on large M&A transactions and financing deals and is well supported by disputes practitioners who assist on large international litigation and arbitration. The London team sits as part of an integrated global practice which is well positioned to handle cross-border mandates and is headed by London’s James Pay, Simon Greenberg in Paris and Nicolas Cookson in Düsseldorf. Pay is experienced in mining and metals transactions in Africa, the Middle East and Europe; Audley Sheppard KC is a key name for disputes; and Luke Tolaini is recommended for investigations and enforcement work.Practice head(s):
James Pay; Simon Greenberg (Paris); Nicolas Cookson (Düsseldorf)
Other key lawyers:
Testimonials
‘The team is diverse and proactive with good communication skills’.
‘Easy going and easy to work with’.
‘A highly skilled and experienced team that can leverage the required people and specialisms from across the firm as and when required’.
‘No job is too big for the Clifford Chance team and we have complete faith in their ability to quickly react to an evolving landscape, deploy the appropriate level of highly skilled resources from across their global network’.
‘Work to tight timeframes in high pressure situations’.
‘The service received from across the firm is exceptional, the advice received is always first class and their attention to client needs sets them out from their peers’.
Key clients
Antofagasta
Eramet
Kingsgate Consolidated
Nova Resources B.V.
GFG Alliance
Glencore
Guinea Bauxite Company
Arrowhead Resources
Vale
VTB Capital
Pacific Wildcat Resources
Bahrain Steel
Baikal Mining Company
Tantalum International Limited
Churchill Mining
Norsk Hydro ASA
Avima Iron Ore
Sibanye Stillwater
Trafigura
Sundance Resources
Congo Mining
Equatorial Resources
Tantalum International
Greenland Minerals
Work highlights
- Aadvised Mubadala Investment Company and Trafigura on the $1.86bn sale of Minas De Aguas Tenidas SA (“MATSA”) to Sandfire Resources.
- Advised Nova Resources BV on its £3.5bn take private offer for KAZ Minerals PLC, a high growth copper company listed in both London and Kazakhstan.
- Acting for investors Avima Fer and Greyridge in a Paris-seated ICC arbitration initiated against the Republic of Congo.
Public sector > Administrative and public law Tier 2
Clifford Chance LLP is extremely well regarded for its judicial review prowess, as well as its focus on government advisory and public policy work. The firm is active both in public and private sector work; at the intersection of the two areas, the group handles public law issues relevant to corporate transactions, strategic positioning, and government relations challenges. The team has latterly been much involved with pandemic-related mandates, which have notably included advising the Vaccine Task Force on procurement law issues surrounding the production and roll-out of the country’s Covid-19 vaccination programme. Heading the team is Andrew Dean, who ‘has the additional unique and invaluable insight from his years in-house advising the most senior stakeholders in central government bodies and procurement authorities‘. Elizabeth MoronyPractice head(s):
Andrew Dean; Elizabeth Morony
Other key lawyers:
Oliver Carroll
Testimonials
‘Clifford Chance’s public law team combines a solid knowledge of commercial realities with practical political nous.’
‘Oliver Carroll is a pleasure to deal with.’
‘The team provides first class public law and procurement advice. I have worked with them on both stand-alone issues and major projects where they have proved themselves able to integrate fully and effectively into the wider team, as necessary, as well as handle anything and everything we have thrown at them. They bring a highly sophisticated understanding of the law and the way it interacts with the commercial and practical issues, differentiating them from the majority of their competitors.’
‘Led by the technically expert, easy to work with and outcomes-focused Andrew Dean, they have given us an edge which has on more than one occasion been the decisive factor in enabling us to reach our goals.’
‘We instructed Clifford Chance to advise on a complex, difficult and novel public procurement matter which raised many unusual issues. Based on past experience of working with Andrew Dean and other leading public law and public procurement lawyers, Andrew was the obvious stand-out choice for this unique and challenging matter. He repaid our trust in him fully by delivering exactly what we needed (whether we knew we needed it or not), when we needed it.’
‘This is a package which is not easy to find. While there are other technically able and commercially skilled practitioners, Andrew Dean has the additional unique and invaluable insight from his years in-house advising the most senior stakeholders in central government bodies and procurement authorities on both tactical and strategic issues in relation to some of their biggest headaches, making him the number one go-to adviser for public law and procurement matters which are difficult, complicated or critical.’
‘The team at CC are responsive and fantastic at coming up with robust and innovative legal arguments. They are able to collaborate across an unusual team build up including NGOs, solicitors in other jurisdictions, significant legal input from our in-house team and counsel.’
‘Oliver Carroll has led our matter with little partner input and he stands out as an associate with legal insights and strategy beyond his years PQE.’
Key clients
Financial Services Compensation Scheme
Department for Business, Energy & Industrial Strategy
UK Government Investments
Department for Transport
Christie Elan-Cane – X Passports
The Lifescape Project
HM Treasury
Department of Health and Social Care
Affinity – Military Flight Training System
Network Rail
Government Legal Department
UK Debt Management Office
UK Export Finance
EdF
Work highlights
- Advising the Vaccine Task Force (part of the Department for Business, Energy & Industrial Strategy and the Department for Health and Social Care) on public and procurement law issues surrounding the production and roll-out of the country’s Covid-19 vaccination programme.
- Advised the Test and Trace unit within the Department for Health and Social Care and the Government Legal Department on various Covid-19 initiatives.
- Represented the Lifescape Project in judicial review proceedings seeking to overturn licences granted by the Scottish Government to kill beavers in Scotland.
Real estate > Commercial property: investment Tier 2
Clifford Chance LLP has a strong track record in complex real estate developments and is particularly well known for its City and Canary Wharf headquarter projects. Other areas of expertise include mixed-use, urban regeneration and infrastructure projects as well as corporate real estate acquisition and joint venture work. The group demonstrates significant cross-border expertise with Angela Kearns focusing on inbound investment work from the APAC region, particularly from Japan, while Mark PaynePractice head(s):
Nigel Howorth
Other key lawyers:
Mark Payne; Angela Kearns; Ian Painter; Arian Levy; Alis Pay; Angela Kearns, Matt Taylor; Franc Peña; Zain Farook
Testimonials
‘Alis Pays brings a high level of experience and market awareness. Alis is a truly trusted legal advisor as she will always give the best advice to balance the legal considerations and the commercial drivers with a view to delivering the transaction. Melissa Jones is a joy to work with. She is calm and collected whilst demonstrating legal excellence and understanding the full picture of the transaction.’
‘The team are top of the market and do a lot of pan-European work. They are both M&A lawyers and true real estate specialists. Quite the force.’
‘Iain Painter and his team of associates are an absolute pleasure to work with. They know their stuff, are very down to earth, and deliver clear and practical advice and solutions on complex issues.’
‘Very adept at optimising the deal structures on investment transactions with excellent interface across different disciplines in the Clifford Chance teams. Often use innovative approaches to solve issues and technically extremely strong across the piece. Extremely strong technically and commercially with excellent problem solving skills. Very responsive and always aligned to our commercial drivers.
‘Alis Pay is knowledgeable, pragmatic and a calming presence on deals.’
‘Clifford Chance is a standout team in the market and a class above the competition. I have worked with them throughout my career at four different organisations and I highly recommend them for complex, high value work particularly when the deal involves an indirect acquisition or disposal, a portfolio or pan-European element and/or joint venture structuring. Their lawyers really truly understand real estate and bring the added-value of market knowledge however we want to structure a deal. They are very strong in development too which is a real advantage because it means they are able to deliver the full lifecycle of projects and meticulously set them up from the outset with an eye to funding and exit. In my view they are a truly top notch outfit with a strong bench of very capable partners who go above and beyond to execute and get the deal done.’
‘Angela Kearns is a top quality lawyer and extremely commercial. She can turn her hand to all aspects of transactions. She is on top of her game, works hard for her clients and gets deals done. Matt Taylor is an expert on the indirect side and a go-to adviser for joint venture. He is a technically excellent lawyer and gives practical and commercial advice.’
‘Excellent commercial acumen with an ability to be able to give various options to the client and advise on a favored outcome. Strong diversity within the team and up to date on latest PropTech technologies and influences emerging with the real estate industry.’
Key clients
AIG Global Real Estate
Allianz Real Estate
Angelo Gordon
AshbyCapital
BentallGreenOak
Blackstone
Caisse des Dépôts et Consignations (CDC)
EQT Exeter
GLP
Helical plc
Heimstaden Bostad AB
Hillwood Investors
Hondo Enterprises
Legal & General
Mitsubishi Estate London
Mitsui Fudosan
Network Rail
NorthWest Healthcare Properties REIT
NTT Global Data Centers
Nuveen Real Estate
Partners Group
Work highlights
- Acted as lead legal counsel for EQT Exeter’s sponsored private real estate fund Exeter Europe Value Venture III on the sale for approximately EUR 3 billion of a 2.2 million sqm logistics portfolio consisting of 132 properties (20 of which are located in the UK and the others in Ireland, Germany, The Netherlands, Belgium, France, Spain, Italy and Poland).
- Advised a wholly-owned indirect subsidiary of CK Asset Holdings Limited on the £1.21 billion sale of 100% of 5 Broadgate, London. The landmark building which is located in the heart of the City of London was completed in 2015 and is the UK headquarters of UBS.
- Advised Allianz Real Estate on their 50:50 development joint venture with Ivanhoe Cambridge for the redevelopment of Stonecutter Court in Farringdon, London. This is Allianz Real Estate’s first development in the UK.
Risk advisory > Data protection, privacy and cybersecurity Tier 2
Clifford Chance LLP's team of 'highly-talented individuals' acts for a multitude of major financial institutions and FTSE 100 and Fortune 500 companies on a wide range of matters, spanning compliance projects, international data transfers, cybersecurity strategy and the monetisation of big data. On the contentious front, the team is especially sought after to handle regulatory investigations and high-profile data privacy litigation. Data protection specialist Jonathan Kewley leads the group and highly regarded as 'a real star in the technology law world'. 'With deep knowledge of data, privacy and cybersecurity matters', Simon Persoff is recommended for banking secrecy and cybersecurity work. Data privacy claims and other contentious matters are the area of expertise of Kate Scott and Samantha Ward.Practice head(s):
Jonathan Kewley
Other key lawyers:
Kate Scott; Simon Persoff; Samantha Ward; Herbert Swaniker
Testimonials
‘Incredibly strong and fast growing team of highly-talented individuals.’
‘Simon Persoff is a hugely committed partner with deep knowledge of data, privacy and cybersecurity matters. Incredibly hard working.’
‘Jonathan Kewley is a real star in the technology law world. Highly respected by clients. Any law firm would be lucky to have him.’
‘Herbert Swaniker is a highly talented associate, loved by clients and great to work with.’
‘Always professional, expert and the product is timely and to the point. Reliable, helpful and well informed on new and emerging trends and technologies, with a genuine curiosity for innovation.’
‘Simon Persoff and his team offer a breadth of practical experience as well as legal expertise.’
‘Simon Persoff has impressed with his technical and practical knowledge. When it really matters, he is there to support us. He has struck the right balance between technical requirements and pragmatic and practical advice, based on his own extensive industry knowledge and experience. He seeks to bring the right team for the matter in hand.’
Key clients
News Group
Permira
HSBC
PrimaryBid
Specialized Bicycles
Mileway
International Regulatory Strategy Group (IRSG)
Work highlights
- Advised an international company that was the victim of a significant ransomware attack resulting in the encryption and exfiltration of personal data and commercially sensitive data.
- Assisted a global OEM in the automotive industry with a range of data protection, privacy and technology transformation projects.
- Advised a client on the design and implementation of its global tech, data and cyber security strategy.
Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 2
Clifford Chance LLP has played a key role in a number of high-profile FCA and SFO investigations on behalf of major domestic and international corporates and financial institutions, alongside global investigations by tax authorities and regulatory enforcement agencies. The team regularly handles major follow-on cases, including the application of DPAs, and also has strong expertise in Emerging Market Jurisdiction investigations and sector-wide investigations, including the ongoing Ofgem investigation into the energy sector. ‘Outstanding leader and lawyer’ Luke Tolaini, leads the team, offering strong experience across internal investigations and board-level responses to multijurisdictional investigations including significant reputational risk to clients. Michael Lyons focuses on financial crime investigations, advising several major financial institutions on issues such as money laundering, sanctions, and corruption, while Christopher David handles cross-border corporate and internal investigations for multinationals. Associate Matthew Lee has an emerging reputation for complex financial crime investigations, and fellow associate Ellen Lake specialises in internal and external investigations, compliance, and risk management issues.Practice head(s):
Luke Tolaini
Other key lawyers:
Michael Lyons; Chris David; Matthew Lee; Ellen Lake; Carlos Conceicao
Testimonials
‘Clifford Chance as a firm don’t need me to tell you how good they are. Their reputation speaks for itself. But, by hiring Chris David to head up their London white collar practice, they have added one of the very best criminal solicitors to an already stellar litigation team.’
‘Christopher David is a rarity in the Magic Circle white collar world. He’s done it all for real: police stations, high profile crown court trials for individuals and investigations for household name international companies. He’s clever, astute and pragmatic, but with an uncompromising directness that he deploys when necessary. His standing domestically and internationally grows year by year. A very smart hire by Clifford Chance.’
‘Michael Lyons – massively bright, very quick to get to the points that matter to a client, and pursues them doggedly. Luke Tolaini – clever, good to work with and with an exceptional client focus. Luke should be a go-to adviser for any corporate.’
‘Simon Davis is a legend and has fearless judgment. Luke Tolani is one of the very best manages of very complicated hostile litigation in the sector and his team walk in his footsteps.’
‘Highly responsive to clients and providing documents on highest levels on short notice. Provides at all times actionable advice, leveraging their deep understanding of regulators and the law. And always a personal pleasure to work with.’
‘Luke Tolaini is an outstanding leader and lawyer, a commander-in-chief on the case, providing clear perspectives and reliable predictions.’
‘A class act. Everyone in the team is hugely smart, experienced, sensible and, frankly, a treat to work with.’
‘Carlos Conceicao – a master of his craft and an absolute pleasure to work with. Michael Lyons – a rising star as a partner; warm and collaborative style, teamed with sharp intellect’
Key clients
National Westminster Bank Plc
Credit Suisse
An international commodities trading company
Serco Group Plc
A global financial institution
A UK financial services firm
An oil and gas operator
InterGen
Swedbank
A major international financial institution
A major UK-based international bank
Lloyds
Work highlights
- Represented NatWest in the FCA’s landmark first criminal prosecution of a UK bank under the Money Laundering Regulations 2007.
- Advising Serco on the implementation of the DPA between Serco and the SFO.
- Advising a UK financial services firm in relation to an investigation into historic cum-ex trading, including liaising with the FCA and HMRC. We are working on this matter together with our colleagues in Frankfurt who are conducting defence criminal proceedings in Germany.
Corporate and commercial > Commercial contracts Tier 3
Clifford Chance LLP’s ‘highly commercial’ practice handles highly strategic and high-value contracts with particular expertise in the TMT, energy, pharmaceuticals, financial services and fintech sectors. The group also works closely with the firm’s corporate department, with recent work including advising on the commercial elements of the merger of Telefonica’s O2 UK mobile company with Liberty Global’s Virgin Media UK broadband and cable TV provider. Corporate practitioner André Duminy heads up the group, and Simon Persoff excels in the technology space.Practice head(s):
André Duminy
Other key lawyers:
Testimonials
‘The availability of senior partners together with the seamless integration of advice across multiple Clifford Chance practice groups was a key part of the success of our recent acquisition.’
‘Highly commercial. Diligence. Clear understanding of client objectives and timelines. Creative and solutions focused while being flexible and nimble.’
Key clients
State Street
FIS
Telefonica
Epic Games
HQLAx
Anchorage Capital Partners
Cellnex
Knight Frank
Block.one
Domestic and General
Phillip Morris International
LZ Labs
Cinven
Her Majesty’s Government
Work highlights
- Advised FIS on its mega outsourcing transaction (initial 10-year term) with Franklin Resources, Inc.
- Advised Telefónica on the mega merger of Telefónica’s O2 UK mobile phone company with Liberty Global’s Virgin Media UK broadband and cable TV provider, creating the 50:50 JV “Virgin Media O2”.
- Advised Essity on a long-term digital transformation project.
Corporate and commercial > EU and competition: trade, WTO anti-dumping and customs Tier 3
An array of sovereign states, banks, and multinational corporations turn to Clifford Chance LLP for its cross-disciplinary expertise in international trade, ranging from WTO obligations and free trade agreements to state aid control measures. Jessica Gladstone draws praise from clients for her ‘world leading’ command of public international law, most notably in the trade and climate space. Michael Lyons, who heads up the firm’s UK and European sanctions desks, represents a diverse roster of financial institutions and businesses in contentious regulatory proceedings, including investigations and disciplinary actions brought by various regulatory bodies. Senior associate Jeremy Stewart is praised by clients for his ‘standout experience‘ and ‘commercial acuity‘ in post-Brexit trade negotiations, as well as WTO and FTA regulatory reviews, while fellow senior associate Carla Lewis focuses specifically on UK and EU restrictive measures and international environmental law.Practice head(s):
Jessica Gladstone
Other key lawyers:
Testimonials
‘Better than any other law firm I know of, Clifford Chance has combined deep arbitration and competition law experience with outreach to and joint projects with experienced WTO and domestic anti-dumping experts. Consequently they can staff that work with first-rate teams.’
‘Jessica Gladstone is one of the world’s leading arbitration and unfair trade lawyers. Combines deep competition law and arbitration practice experience with WTO and related government-to-government litigation, as well as domestic trade remedy (anti-dumping, countervailing duty, safeguard) litigation expertise.’
‘Positive and practical advice delivered succinctly and with a willingness to be flexible with instructions.’
‘Jessica Gladstone is a highly competent expert with deep knowledge of the sector, applied in a practical way that focuses on the best outcome for her client.’
‘Jeremy Stewart possesses standout experience in trade negotiations which he deploys with commercial acuity.’
Key clients
UK Department for International Trade
UK Department for Business, Energy & Industrial Strategy (BEIS)
UK Government Investments (UKGI) and the Vaccine Task Force (VTF)
Louis Dreyfus Commodities and Energy Holdings N.V. (LDCEH)
Bank of China UK Limited
Work highlights
- Advised the United Kingdom Department for International Trade on the drafting and implementation of Free Trade Agreements.
- Advised a leading global technology company on the consistency of various domestic regulatory measures with public international law and WTO obligations.
- Representing a major UK-based global financial institution in connection with a significant potential systems and controls failure concerning the screening of certain cross-border transactions against EU and UK sanctions lists.
Employment > Pensions (non-contentious) Tier 3
Clifford Chance LLP's group is well-placed to assist with the pensions aspects of corporate transactions, working closely with other departments within the firm. The team also advises a wide variety of standalone pensions clients on the spectrum of regulatory issues. Taking the lead is Hywel Robinson, who is a seasoned pensions generalist, with expertise in cross-border membership issues, asset pooling, as well as assisting investment providers with products and funds. Clare Hoxey has a specialism in advising insurance clients on de-risking products, while Sarah McAleer is noted for M&A and transactional-related pensions issues.Practice head(s):
Hywel Robinson
Other key lawyers:
Testimonials
‘The team are extremely experienced and deliver on each project. They are without equal in delivery and also providing a very commercial approach’
‘Hywel Robinson is the partner and has a vast range of experience but also incorporates this with a sense of commerciality that is rare for a lawyer, particularly in the pensions world!’
‘Very good team which superb strength in depth.’
‘Hywel Robinson leads the team and is really good. Hands on, responsive and very easy to deal with . He makes the apparently complex very understandable.’
Key clients
Legal & General
Trustee of the Dairy Crest Group Pension Fund
Advice to a listed engineering support services group which sponsors several material DB schemes
Trustee of a significant pensions scheme within the retail sector
Citibank NA
Telefonica Tech
Saint-Gobain
Mitchells and Butlers plc
Work highlights
- Advising Telefonica Tech on the pensions aspects of its £340 million acquisition of Cancom Ltd, a leading cloud and digital services provider in UK and Ireland.
- Advising on a range of matters for Saint-Gobain, including the splitting of its main UK pension scheme into new pension arrangements covering different parts of the group.
Industry focus > Retail and consumer Tier 3
The team at Clifford Chance LLP supports its clients holistically, advising on M&A, competition matters and risk management work. Practice head David Pudge specialises in both domestic and cross-border M&A, public takeovers, stock exchange matters and general corporate advice; his clients include large corporates in the retail and finance sector such as the French Connection Group. Duad Khan has relocated to the Abu Dhabi office.
Practice head(s):
David Pudge
Key clients
French Connection plc
THG plc
Amazon
Frasers Group plc
The Coca-Cola Company
Amazon
Mondelez International
DuluxGroup
The trustees of the Wm Morrison Supermarkets plc pension schemes
Work highlights
- Advised CD&R on its £9.95bn acquisition of Wm Morrisons Supermarkets plc.
- Advised DuluxGroup on the acquisition of the entire issued share capital of Cromology from Wendel and the management team of Cromology for €1.28bn.
Real estate > Planning Tier 3
Clifford Chance LLP‘s planning team assists its clients on an array of matters concerning regeneration projects, major developments, and the planning and consenting of energy and infrastructure projects. Head of the team Nigel Howorth‘s expertise lies in large-scale regeneration projects, major developments and energy related matters, particularly renewable and nuclear energy projects; Howarth is assisted by senior associate Anneke Theelen, who advises on energy and mixed-use developments. ‘Outstandingly hardworking‘ senior associate Katie Kempthorne specialises in the planning, environmental and consenting aspects of energy and real estate developments.Practice head(s):
Nigel Howorth
Other key lawyers:
Katie Kempthorne; Anneke Theelen; Jamie Salsman; Kate Mackintosh
Testimonials
‘Incisive analysis, quick to grasp the salient issues and arguments, and great communication skills.’
‘Nigel Howorth is a very experienced and talented planning solicitor with a natural overview of the situation at hand ably assisted by his associate Anneke Theelen who is nimble in understanding the core arguments and researching different lines of analysis and getting back to us quickly.’
‘Clifford Chance has a small, but really strong, team of very bright planning lawyers. As a team they work very well together and are able to resource even the largest of matters.’
‘Nigel Howorth is an absolutely excellent planning partner and has huge commercial acumen that makes him very well regarded. Katie Kempthorne is outstandingly hard working and able, and an absolute pleasure to work with. Anneka Theelen is another of Clifford Chance’s outstanding senior associates.’
‘Nigel Howorth – great technical knowledge but allied to a pragmatic / practical approach which enables the business to focus on the critical risks / issues. Very personable and able to communicate effectively across all levels of the business.’
‘Katie Kempthorne – able to digest and analyse complex issues quickly and adapt advice accordingly to a fast changing project. Very personable and also able to work very effectively across all levels of the business with the wider team.’
‘All staff were very competent & professional in terms of their work & timely in their communications.’
Key clients
Angelo Gordon and the Ridgeback Group
Canary Wharf Group
Helical Plc
International Airlines Group and British Airways Plc
NorthWest Healthcare Properties REIT
Legal & General
Blackstone
CBRE Global Investors
Nuveen
AIG Global Real Estate (AIGGRE)
Work highlights
- Advising Canary Wharf on the continuing 750,000 sqm urban quarter project at Wood Wharf; and on the North Quay development (a mixed-used office and residential towers scheme) on a 7.3 acre site.
- Advising Angelo Gordon and the Ridgeback Group on the Kangaroo development works in Sheffield City Centre.
- Advised Angelo Gordon on the disposal of Finsbury Square to British Land including advice on the agreement for lease, development agreement and a lease re-gear.
Real estate > Social housing: finance Tier 3
Clifford Chance LLP advises investors and funders active in the social housing sector, focusing on complex, high-value transactions. Clients include large international banks and security trustees; the team provides advice on bonds, private placements, synthetic securitisations and the restructuring of facilities. Angela ShepherdPractice head(s):
Paul Deakins; Angela Shepherd
Testimonials
‘Go-to people for complex and advanced financing structures and advice.’
‘Angela Shepherd – very strong real estate and social housing experience and knowledge. Respected generally in the sector.’
‘Genuine experience and knowledge in the social housing sector. In addition, the team makes itself available at short notice to deal with issues that require a concerted approach/to be agreed with the other parties’ legal team. They will strive to find a common ground to progress commercial matters.’
‘Angela Shepherd. A pleasure to deal with, Angela makes herself available at short notice to assist with often complicated real estate/planning matters. She will also help in ensuring that all stakeholders in a transaction are in the loop and understand the impact of the legal matters on their work.’
Key clients
Barclays Bank
Lloyds Banking Group
NatWest Markets
Deutsche Bank AG London
Prudential Trustee Company Limited
Royal Bank of Canada
HSBC Bank plc
Situs Asset Management Limited
Morgan Stanley &Co International plc
Work highlights
- Advised a consortium of banks, including Barclays Bank, BNP Paribas and Lloyds Bank, on the Clarion Funding plc issue of GBP 300 million 1.875% secured sustainability notes due 2051.
- Advised a consortium of investment banks on a very high-value senior revolving development credit facility to a group of registered providers.
- Advised Deutsche Bank AG on the second social housing commercial mortgage-backed securities (CMBS) in the social housing market.
TMT (technology, media and telecoms) > Sport Tier 3
Clifford Chance LLP handles high-stakes disputes, finance and corporate matters for sports-sector clients; this includes Premier League football clubs, governing bodies, broadcasters as well as other stakeholders. Chris Yates oversees the practice, recommended for dealing with reputationally significant litigation and crisis management issues. Co-head and senior associate James Cranston, specialises in anti-doping. Tim Lewis and Jennifer Chimanga, a dual qualified lawyer in England and Wales and Kenya, support clients across commercial and corporate sports matters; Lewis has recently been serving as a non-executive director of Arsenal Football Club.Practice head(s):
Chris Yates; James Cranston
Other key lawyers:
Tim Lewis; Jennifer Chimanga
Testimonials
‘Chris Yates is the perfect sports lawyer.’
‘James Cranston is one of the best senior associates I’ve ever come across – a total superstar.’
‘Chris Yates and James Cranston have sound litigation judgement.’
‘The team with whom we deal on sports issues are innovative, proactive and always able to find practical solutions to seemingly complex problems which serve to meet the interests of all parties concerned.’
‘Unusual for a major international firm to have such a strong and comprehensive commitment to its sports practice.’
‘James Cranston and Chris Yates are the two key individuals. Both fantastic lawyers.’
‘The partners we have interacted with are extraordinary intellectuals who are fully engaged and hands-on about all the assignments they undertake for us and the entire team is brilliant to work with in terms of their hard work, professionalism and responsiveness. We can always rely on their support.’
Key clients
Liverpool FC
Arsenal Football Club
International Paralympic Committee
E Stanley Kroenke and Kroenke Sports & Entertainment
Manchester City Football Club
City Football Group
World Rugby
Epic Games
Pakistan Cricket Board
Invictus Games Foundation
Southampton Football Club
Valeri Belokon (former President of Blackpool Football Club)
VB Football Assets
ITV
Centre for Sport and Human Rights
Sport Resolutions anti-doping panel
Work highlights
- Represented Manchester City Football Club in proceedings against the Premier League arising from a Premier League investigation into compliance with its rules. Also advised Manchester City Football Club on crypto related matter such as the issuance of a fan token and its issuance of a non-fungible token commemorating their Premier League victory.
- Advised the Invictus Games Foundation on the arrangements for the IGF’s 2021 Hague Games, renegotiating the Host Union Agreement of the 2023 games due to the pandemic and on their broadcasting and sponsorship agreements, for example their Netflix deal.
- Acted for Epic Games in a claim brought in the Competition Appeals Tribunal against Apple Inc. in relation to a developer programme license agreement and Apple’s decision to remove the popular Fortnite game from the App Store after Epic introduced a direct payment option into the Fortnite App.
Real estate > Property litigation Tier 4
Clifford Chance LLP has an array of expertise including in high-value property contract disputes, professional property services negligence, title, easement and covenant disputes and asset management disputes. The team is also well versed in property finance disputes. The team is led by Ben Hatton. He has vast experience representing clients before the courts, including before the County Court, High Court and the Court of Appeal Litigation. Jane O'Leary is noted for her expertise in high-value, multi-jurisdictional real estate based disputes.Practice head(s):
Ben Hatton
Other key lawyers:
Jane O’Leary
Testimonials
‘Clifford Chance have a small but effective property litigation team who are able to offer clients a top-quality service, particularly in matters which cross disciplinary divides, where the property litigators can call on other expertise within the firm.’
‘Ben Hatton – a dedicated professional. Goes above and beyond for his clients.’
‘Excellent top ranking firm with all round experience.’
‘Ben Hatton is a safe pair of hands.’
‘The team always provided us with very professional advices based on wider perspectives.’
‘All members always kept client oriented point of views. Their frequent follow-up calls were very helpful.’
Key clients
Bank of America
Canary Wharf Group plc
(Official Receiver of) British Steel
(Official Receiver of) Cardwool Limited
American International Group
Angelo Gordon
Asphaltic Land Limited
Apollo
Colony Capital
Credit Suisse Asset Management
Elliott Management Corporation
Flatfair Limited
General Electric International
GIC Private Limited
Goldman Sachs
Heimstaden Bostad AB
Hemisphere
Hondo Enterprises
Horizon Nuclear Power Wylfa Limited
King Abdallah District Management & Development Company
Mitsubishi Estate London Limited
Native Land
Network Rail Infrastructure Limited
Nuveen Real Estate
Permira Advisors
Rothesay Plc
Wells Fargo Bank
Zetland Capital Investors LLP
Work highlights
- Advised Angelo Gordon in relation to tenant NCP’s insolvency and the Restructuring Plan proposals pursuant to new legislation introduced by the UK Government in the wake of the COVID-19 pandemic.
- Advised Mitsubishi Estate London Limited in relation to its redevelopment of Warwick Court in the heart of London, near St Paul’s Cathedral.
- Advised the Official Receiver and Special Managers of British Steel on the sale of the business and assets to Jingye Steel and Iron.
TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design Tier 4
Clifford Chance LLP‘s IP offering includes a long-standing trade mark practice, advising clients on a range of disputes before the UK Courts, the UKIPO and EUIPO, and transactional matters. Leading household brands and international clients with significant IP portfolios entrust the team to advise on the IP aspects of complex cross-border transactions, as well as enforcement strategies and dispute resolution. Key sectors of expertise for the team include the life sciences, healthcare, consumer goods and retail, and TMT industries. The team is co-led by Vanessa Marsland and Stephen Reese, who have significant experience focusing on technology and the computer software industry, and the pharmaceuticals, biologics, and medical devices industries respectively. Don McCombie joined from Ashurst in mid-2022.Practice head(s):
Stephen Reese; Vanessa Marsland
Other key lawyers:
Alex Walker; Don McCombie
Key clients
Pfizer Inc
Her Majesty’s Government
Cyprus Government and the Foundation for the Protection of the Traditional Cheese of Cyprus Named Halloumi
Philip Morris Products, S.A
Fujifilm Kyowa Kirin Biologics Co., Ltd.
Telefónica
Manchester City Football Club
LZ Labs
ŠKODA AUTO
Moorfields Eye Hospital NHS Trust
Teva Pharmaceutical Industries Ltd
Invictus Games Foundation
EQT/Sitecore
Farmbetter
Labour Friends of Israel
Cinven
The Absolut Company
Mondelez Europe
L’Oréal S.A
Mastercard
Admiral Group plc
Liverpool Victoria
Vectura Group plc
Work highlights
- Advised Cinven on its acquisition of a majority stake in RB Iberia, including advising the client across a complex suite of franchise agreements for the various brands and negotiations with RB Iberia and Burger King Europe GmbH.
- Advised Fujifilm Kyowa Kirin Biologics Co., Ltd. in respect of its proprietary and intellectual property rights against third-party importers, developing strategies to protect and enforce such rights.
- Advised Telefónica on its 50:50 joint venture with Liberty Global to combine their UK operations, O2 and Virgin Media.
Real estate > Construction: contentious Tier 5
TMT (technology, media and telecoms) > Intellectual property: patents (contentious and non-contentious) Tier 5
Clifford Chance LLP‘s IP practice group continues to be a trusted adviser to Pfizer, acting on its global patent licensing and collaboration agreement with BioNTech for the development of the Covid-19 vaccine. The team, which is co-led by Stephen Reese and Vanessa Marsland, has also advised on the development of an mRNA vaccine to target shingles. Sector strengths span the healthcare, life sciences, consumer goods, and retail industries.Practice head(s):
Stephen Reese; Vanessa Marsland
Testimonials
‘Stephen Reese’s depth of knowledge in the field of digital health sets him apart from most competitors.’
‘Stephen Reese is a seasoned practitioner who brings a wealth of experience to the table and is the man to see for advice on complicated matters of healthcare law, including the new and amorphous world of digital health.’
Key clients
Pfizer Inc
Her Majesty’s Government
Cyprus Government and the Foundation for the Protection of the Traditional Cheese of Cyprus Named Halloumi
Philip Morris Products, S.A
Fujifilm Kyowa Kirin Biologics Co., Ltd.
Telefónica
Manchester City Football Club
LZ Labs
ŠKODA AUTO
Moorfields Eye Hospital NHS Trust
Teva Pharmaceutical Industries Ltd
Invictus Games Foundation
EQT/Sitecore
Farmbetter
Labour Friends of Israel
Cinven
The Absolut Company
Mondelez Europe
L’Oréal S.A
Mastercard
Admiral Group plc
Liverpool Victoria
Vectura Group plc
Work highlights
- Advised Pfizer on and led negotiations concerning its global collaboration and licensing arrangements in collaboration with BioNTech for the development of its Covid-19 vaccine.
- Advising the UK Government on arrangements concerning the IP aspects and licensing of Oxford University’s Covid-19 vaccine to AstraZeneca.
- Advising Pfizer on and leading negotiations on a second global collaboration with BioNTech for the development of a mRNA vaccine to target shingles.
Ghana > Foreign firms Tier 1
Under the joint leadership of Olamide Oladosu and recently promoted partner Kayode Oladipo, the first-class team at Clifford Chance LLP has a strong and established reputation for its work with a range of international and local corporates and financial institutions. It boasts substantial experience in the power and oil and gas sectors. Key practitioner Jeremy Connick is a partner in the firm’s infrastructure and energy group and the regional co-head for Southern Africa; he specialises in advising sponsors and lenders on energy, natural resources and infrastructure transactions. Oladosu has extensive commercial, corporate and finance experience in the power and oil and gas industries, while Oladipo specialises in all aspects of emerging markets cross-border loan financing.Practice head(s):
Olamide Oladosu; Kayode Oladipo
Other key lawyers:
Testimonials
‘Jeremy Connick-partner is a great asset to the team.’
‘Olamide Oladosu is an excellent partner’.
Key clients
Investec Bank Limited
Deutsche Bank AG
Genser Energy
Work highlights
- Advised Genser Energy Group, a US-based integrated energy services provider operating in West Africa, in respect of its $425m financing.
- Advised Investec on the EKN and ECIC supported financings to the Ministry of Finance of Ghana in respect of the construction of the Effia Nkwanta Western Regional Hospital.
- Advised Deutsche Bank and UK Export Finance (UKEF) on the UKEF-supported financing to MOF Ghana for Phase 2 of the construction of Kumasi Market, including a tranche financed by the African Export-Import Bank.
Angola > Foreign firms Tier 2
With ‘highly qualified and knowledgeable lawyers’, Clifford Chance LLP‘s Angola team acts for financial institutions, investment funds and large multinational companies on both inbound and outbound matters. The group is noted for its experience handling cross-border financing transactions in a wide range of sectors, including telecoms, oil and gas, construction and transportation. Highly regarded as ‘one of the most active and knowledgeable foreign lawyers acting for lenders in Angola’, Leonard Cleland advises on trade financing, margin lending, commercial loans and ECA-backed financing. He leads the group alongside Kayode Oladipo, who is specialised in cross-border loan financing in emerging markets.Practice head(s):
Leonard Cleland; Kayode Oladipo
Other key lawyers:
Filippo Tassoni
Testimonials
‘This team is unique due to its highly qualified and knowledgeable lawyers, high responsiveness and client-oriented approach.’
‘The individuals of this firm who we have worked with have a remarkable attention to detail and turnaround time. We take the opportunity to highlight in particular Filippo Tassoni.’
‘Leonard Cleland has been one of the most active and knowledgeable foreign lawyers acting for lenders in Angola for the past 15 years.’
‘Clifford Chance has been advising clients on cross-border financing transactions involving the Angolan State and private companies on a regular basis. The team has good knowledge of local laws, legal requirements, local formalities and local practices.’
‘Kayode Oladipo and Leonard Cleland are recommended.’
Key clients
GE Capital EFS Financing Inc
Gemcorp Capital LLP
Credit Suisse AG, London Branch
HSBC
VTB Capital
Africell Holding Ltd
Work highlights
- Advised Africell, a fast-growing mobile network operator with operations in four African countries, on facilities arranged by Gemcorp Capital to support the group’s expansion into the Angolan telecoms market.
- Acted for Africell on the procurement of key infrastructure and services from Nokia to support the roll-out of a nationwide mobile network in Angola.
Mozambique > Foreign law firms Tier 2
Led by London-based partner Russell Wells and consultant Gibbs Johnson in Dubai, Clifford Chance LLP‘s Mozambique team frequently acts for a wide range of clients, including development banks, multinational companies and private equity funds on inbound transactions. In addition to its notable strength in large-scale energy, oil and gas and infrastructure projects, the practice is also recognised for its corporate and M&A, financial regulation and litigation expertise. Wells heads the firm’s global energy and resources sector group and maintains a strong lender and sponsor practice. Notable for his wealth of experience handling transactions across Africa, Johnson is a key contact for project finance.Practice head(s):
Gibbs Johnson; Russell Wells
Key clients
Globeleq Africa
Proparco
Agence Française de Développement
Standard Bank of South Africa
Absa
IFC
Emerging Africa Infrastructure Fund
Sasol
EDM
Mitsubishi
Azura
Work highlights
- Advised Globeleq and its consortium partners on the development and financing of the 450MW gas-fired Temane power project in Mozambique.
- Acted for Mitsubishi Corporation on the sale of an additional 17% interest in Mozambique-based aluminium smelter Mozal Aluminium to Australian company South32.
- Assisted Emerging Africa Infrastructure Fund (EAIF) in the design, development, financing, construction, insurance, testing, commissioning, operation and maintenance of an 18 MWp solar photovoltaic power plant.
Singapore > Asset finance: foreign firms
Poland > Dispute resolution
Clifford Chance‘s ‘magnificent work‘ spans arbitration, commercial litigation before the state courts, public procurement cases, class actions, and corporate investigations. As well as breadth, the group is also valued for its in-depth experience of litigation in specific areas; practice head Bartosz KrużewskiPractice head(s):
Bartosz Krużewski; Marcin Ciemiński
Other key lawyers:
Michał Drwal; Robert Moj; Monika Diehl
Testimonials
‘My summary opinion of the Clifford Chance team from Poland is that they are exceptional people, and I am impressed by the excellent work that this team has done for us in various arbitration and judicial processes.’
‘I am very grateful that this magnificent work has been carried out without us being up to date with the payments due to Clifford Chance on our part, due to the financial difficulties that our company is going through. In this regard, I have to say that Clifford Chance has shown great flexibility and patience with us, for which I take the opportunity to thank them warmly.’
‘Strong leaders with very strong partners doing the actual work.’
‘Marcin Ciemiński – super experienced and a true litigation lawyer. Never trying to make things more rosy than they are in reality. Very good at negotiating settlement and not just trying to be the master of the room.’
‘Absolutely the best-in-class economic law litigation experts available in Poland.’
‘They showed great commitment to the matter entrusted to them, which they thoroughly analyzed, which made me feel very safe and satisfied as a client.’
‘What definitely distinguishes Clifford Chance is the excellent, even friendly, co-operation between individuals, without competing for budgets, but with a visible focus on providing the client with the best quality project resulting from the mix of competences of all practitioners.’
‘Bartosz Krużewski is a real asset; broad experience, contribution to client expectations, resolving tasks quickly and efficiently.’
Key clients
General Electric / Bank BPH S.A.
Raiffeisen Bank International AG
Invenergy Renewables LLC
Abener Energia S.A
HSBC Bank plc
Discovery
Rockcastle Global Real Estate Holdings B.V.
Nova-Inwestycje sp. z o.o. SKA
Royal Unibrew A/S
Rexnord GmbH
Abris Capital Partners
Emitel S.A.
Dragados S.A.
VIAS y Construcciones, Polaqua, Dragados, Electren
Karmar S.A.
Giza Polish Ventures
Millennium Bank
Work highlights
- Represented Bank BPH in proceedings before the CJEU concerning a preliminary ruling referred by a Polish court concerning consumer mortgage loans.
- Representing Raiffeisen Bank International in proceedings before the KNF and the administrative courts concerning the penalties of €12 million imposed on the client in its capacity as the depositary of four closed-end investment funds previously managed by the FinCrea Investment Fund Manager.
- Representing Invenergy Renewables in BIT arbitration against Poland, concerning the client’s multi-million dollar investments in the Polish wind energy sector.
Poland > Restructuring and insolvency
Vietnam > Foreign desks
Clifford Chance has a well-established presence in Vietnam, with partners and associates from Singapore, Tokyo and Australia having substantial experience interacting with local authorities. The firm is active in advising clients on banking and finance, corporate and M&A, and project and energy mandates, as well as aviation issues, and the team often cooperates with the leading independent firm VILAF on Vietnam law matters. Fergus Evans co-heads the firm’s Vietnam focus group practice and specialises in banking, asset financing and leasing. In particular, Evans has strengths in syndicated financing, aircraft financing, and project financing matters. Practice co-leader Ross Howard has demonstrable expertise in the development and financing of large energy projects, including oil and gas, as well as renewables. Hans Menski is also experienced in the energy projects arena, especially regarding the key commercial and political issues surrounding power, energy and oil and gas investments in Vietnam, while Valerie Kong focuses on coroporate and M&A transactions. All named practitioners are based in Singapore.Practice head(s):
Fergus Evans; Ross Howard
Other key lawyers:
Testimonials
‘Clifford Chance has a strong practice and network that tremendously helps in getting matters done.’
Key clients
Barings Capital
Asian Development Bank
Japan Bank for International Cooperation
The Export-Import Bank of Korea
Work highlights
- Acted for various Barings-controlled entities as lead Australian, Hong Kong, and Singaporean counsel in relation to secured facilities for corporate services company, the Acclime Group.
- Advised the ADB on the international aspects of the $186m financing for the development and operation of a 257MW solar power plant in Hoa Hoi, Phu Yen Province, Vietnam.
- Advising the lenders in relation to all aspects of the implementation of the Nghi Son 2 thermal power project in Vietnam, developed by Marubeni Corporation and Korea Electric Power Corporation including on matters related to the commissioning of the first unit of the facility and the impacts of the increasing prices of coal on the project.
Belgium > Dispute resolution
Clifford Chance LLP‘s ‘dynamism and creativity‘ across litigation and arbitration make it a premier choice for all manner of blue-chip multinationals, sovereign states, and financial institutions, who turn to the team for its capabilities in high-profile matters – including major shareholder actions and foreign enforcement proceedings. Practice chair Dorothée Vermeiren is a widely regarded litigator and arbitrator, praised for her ‘professionalism, dedication, and efficiency’ in all manner of cases. Senior associate Nathan Tulkens works closely with Vermeiren, particularly on behalf of the firm’s international corporate and financial services clientele. All named lawyers are based in Brussels.Practice head(s):
Dorothée Vermeiren
Other key lawyers:
Testimonials
‘Outstanding commitment to understand our situation and defend an honest and fair position. Total dedication.’
‘Very high level of expertise. Great level of empathy and listening skills. Creative and dedicated.’
‘The litigation and arbitration team of Clifford Chance, Brussels is a prominent actor in international and domestic litigation and arbitration areas, composed of a mix of young talents and well-established lawyers. Dynamism and creativity, allied to a solid capacity for legal analysis and judgment, give them a leading position in their field.’
‘I had opportunities to work with Dorothée Vermeiren and to meet them as adverse party as well. In all circumstances, they demonstrated exceptional professionalism, dedication and efficiency.’
Key clients
Amazon EU
The Belgian State
Citibank
KONE
LIBERTY Steel Group
Nouveaux Entrepôts et Garages (NEG)
Patrizia AG
Euroclear
Blockchain.com / Blockchain Luxembourg SA
Eckes-Granini
BNP Paribas Fortis
ISG Construction Services
Alphastone
Work highlights
- Representing Amazon in court proceedings against the Union of French-speaking Booksellers of Belgium (Syndicat des Libraires Francophones de Belgique or “SLFB”) and Intell SA.
- Representing The Belgian State against the collective claims brought against the Belgian State by more than 2,000 ARCO shareholders.
- Continuing to represent Citibank in the ongoing court proceedings initiated against Parmalat.
India > Foreign firms
Clifford Chance fields ‘a talented team in India that knows the market’; it can regularly be seen advising clients on M&A, project financing and development, as well as dispute resolution. It has considerable experience in advising Indian issuers on listings in Mumbai, Singapore, London and New York. The team is jointly led by Singapore’s Nish Shetty and Kabir Singh, and Mark Poulton and Ranbir Hunjan in London. Shetty and Singh are both noted for international arbitration and litigation. Hunjan is a key name for banking and finance matters, and is particularly experienced in India, Pakistan and Bangladesh, while Poulton is a corporate practitioner experienced in inbound and outbound M&A. New York-qualified partner Johannes Juette is recommended for capital markets work, and Thomas England acts for lenders and borrowers in transactions and restructuring matters.Practice head(s):
Other key lawyers:
Testimonials
‘Talented team in India that knows the market – both the business environment and legal practitioners and judiciary in the country.’
‘They are well staffed and have access to quality legal tech and know the practice of arbitration and dispute resolution quite well.’
‘Kabir Singh and Nish Shetty do a good job of overseeing the matters and engaging to ensure quality. Both are knowledgeable and their experience helps provide practical advice both in logistics and substance in working through issues with the case.’
‘They work well with local firms.’
Key clients
Citibank
Morgan Stanley
ICICI Securities
Shriram Transport Finance Company Limited (STFC)
Barclays
BoFA Securities
HSBC
J.P. Morgan
Standard Chartered Bank
Merrill Lynch
OQ S.A.O.C
Tata Capital
Work highlights
- Acted as international counsel to Shriram Transport Finance on the update of its $3.5bn MTN programme and subsequent drawdown of $475m notes due 2025 under the programme.
- Advised a syndicate of lead managers on HDFC Bank’s inaugural offshore additional tier 1 (AT1) capital securities offering of $1bn.
- Advising an energy company in international arbitration proceedings with a subcontractor connected to an oilfield services project in India.
Clifford Chance LLP > Firm Profile
The firm: Clifford Chance is one of the world’s pre-eminent law firms, with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, it prides itself on its approachable, collegial and team-based way of working. The firm always strives to exceed the expectations of its clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organisations. It provides them with the highest quality advice and legal insight, which combines the firm’s global standards with in-depth local expertise.
Types of work undertaken
Capital markets: the capital markets practice concentrates on securities transactions and other products sold into the capital markets. The practice is founded on a full-service US and UK securities law capability, complemented by local securities law expertise in each of the key financial centres. It provides practical, integrated legal advice covering the full spectrum of global capital raising activities including public and private domestic and international offerings of traditional debt and equity securities as well as convertible and other derivative and structured securities.
Corporate: the corporate practice handles some of the world’s largest and most complex M&A transactions. It combines global transaction capability with a full service of English, US and civil law expertise in the key financial centres across Europe, the Americas and Asia Pacific. In addition to mainstream M&A, the firm also encompasses leading specialist practices in: commercial contracts, competition and antitrust, communications, energy, healthcare, financial institutions, funds, investment banking, insurance, media and technology, and private equity.
Finance: Clifford Chance’s finance practice is the leading international finance practice of any law firm. The practice provides highly commercial and practical advice across the full spectrum of financial products including syndicated lending and leveraged and acquisition finance, asset finance, derivative products, project finance, financial regulatory, insolvency, restructuring and structured finance.
Litigation and dispute resolution: the firm has experience in virtually all segments of the business and financial markets across multiple jurisdictions. The lawyers work with clients to resolve disputes efficiently and effectively – whether through arbitration, litigation or other techniques.
Real estate: Clifford Chance’s leading real estate practice offers UK, European, Asian and US real estate capability. The practice advises the real estate industry’s leading players on the entire property ‘life-cycle’ from the initial acquisition, development, leasing, joint venturing and financing through to the final exit, as well as tax structuring, PFI/PPP, corporate outsourcing, planning, environment and litigation.
Tax: Clifford Chance has one of the world’s largest international tax groups within a single law firm. The firm is uniquely placed to provide leading edge advice to clients, and the practice is structured on an integrated global basis. Local tax groups within the practice work closely with areas such as securitisation, securities, M&A, corporate restructuring, private equity, real estate and funds.
The pan-European VAT group advises on all areas of VAT and has particular strength advising on novel and complex issues in the structured finance, financial services, corporate finance and real estate sectors.
Employment, employee benefits and pensions: the team of experienced employment, employee benefits, ERISA, immigration and pensions specialists work with clients from a wide range of sectors to address local and cross-border issues.
International offices: Abu Dhabi, Amsterdam, Barcelona, Beijing, Brussels, Bucharest, Casablanca, Delhi, Dubai, Dusseldorf, Frankfurt, Hong Kong, Istanbul, London, Luxembourg, Madrid, Milan, Moscow, Munich, Newcastle, New York, Paris, Perth, Prague, Rome, Sao Paulo, Shanghai, Singapore, Sydney, Tokyo, Warsaw, Washington, DC
Clifford Chance has a best friends relationship with Redcliffe Partners in Ukraine.
Clifford Chance has a co-operation agreement with Abuhimed Alsheikh Alhagbani Law Firm in Riyadh.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Managing partner | Matthew Layton | ||
Senior partner | Jeroen Ouwehand | ||
Executive partner | Robin Abraham | ||
Administrative and public law | Elizabeth Morony | ||
Arbitration (international) | Audley Sheppard | ||
Asset finance | William Glaister | ||
Banking | Rob Lee | ||
Banking litigation | Ian Moulding | ||
Civil fraud | Roger Best | ||
Commercial | Andre Duminy | ||
Commercial litigation | Matthew Newick | ||
Commodities | Adrian Cartwright | ||
Construction | David Metzger | ||
Contentious trusts | Jeremy Kosky | ||
Contentious trusts | Jeremy Sandelson | ||
Corporate finance | Nigel Wellings | ||
Defamation | Matthew Newick | ||
Derivatives | Kevin Ingram | ||
Employee benefits/employment | Sonia Gilbert | ||
Energy and natural resources | Jeremy Connick | ||
Environment | Nigel Howorth | ||
EU and competition | Alex Nourry | ||
Financial services | Simon Crown | ||
Insolvency and restructuring | Philip Hertz | ||
Insurance | Katherine Coates | ||
Intellectual property | Vanessa Marsland | ||
International capital markets | Adrian Cartwright | ||
IT | Joachim Fleury | ||
Life sciences | Stephen Reese | ||
Life sciences | Gareth Camp | ||
Pensions | Hywel Robinson | ||
PFI | Michael Pearson | ||
PFI | David Metzger | ||
Planning | Nigel Howorth | ||
Private equity (MBOs/funds) | Simon Tinkler | ||
Product liability | Julian Acratopulo | ||
Professional negligence | Philip Hill | ||
Project finance | Jeremy Connick | ||
Public policy/sector | Phillip Souta | ||
Rail | Alex Nourry | ||
Real estate | Nigel Howorth | ||
Real estate debt finance | Andrew Carnegie | ||
Regulatory | Chris Bates | ||
Retail | Vanessa Marsland | ||
Sovereign debt rescheduling | Deborah Zandstra |
Lawyer Profiles
Staff Figures
Number of UK partners : 178 Number of other UK fee-earners : 698Advice From Women Lawyers
Advice To My Younger Self: Reflections of Successful Women Lawyers
Women lawyers open up about their careers and defining choices
Advice To My Younger Self: Reflections of Successful Women Lawyers is published by The Legal 500‘s GC Magazine in collaboration with Clifford Chance. Now in its second release, the book is a practical resource for anyone interested in charting a successful career path at a law firm or by moving in-house. It features interviews with 20 women partners, alumnae and in-house counsel, with additional contributions from members of Clifford Chance’s senior management and US-based recruiting team. Visit our website to learn more about practical tips for building your career.
http://www.legal500.com/clifford-chance/advice-to-my-younger-self
RISING LAWYERS open up about their priorities and strategies for success
Their Voices: Insights from Today’s Rising Lawyers by The Legal 500‘s GC Magazine in collaboration with Clifford Chance. Geared primarily for students and junior lawyers, the book is a practical resource for those considering law school or just beginning a legal career. Twenty junior lawyers offer diverse perspectives on what inspires them about the law, and the strategies that are helping them stay in touch with their priorities and define the future of their careers. Their Voices also provides insights for senior lawyers as they mentor the next generation of leaders.
Legal Briefings
Competition for competition claims?
Until recently, the lion’s share of follow-on claims in relation to large EU-wide cartels were brought in the English courts. The claimant is the one who decides where to bring the claim (subject to the chosen courts having jurisdiction) and the availability of broad disclosure and other aspects of English procedure have made England an …Securities litigation gathers momentum in the UK
Clifford Chance’s Ian Moulding, Chris Yates, Jason Epstein and Ryan Byrne consider the rising tide of US-style ‘stock drop’ shareholder class actions in the UK, and offer practical tips for in-house counsel on managing the risk of shareholder litigation Shareholders can bring claims against listed companies to recover losses suffered as a result of a drop …
Comparative Guides
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United Kingdom: Merger Control
Published: October 2022
Authors: Alex Nourry Daniel Harrison
This country-specific Q&A provides an overview to Merger Control laws and regulations that may occur in United Kingdom.
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France: Real Estate
Published: November 2022
Authors: David Gerard Karen Bortolotti Antoinette Gru
This country-specific Q&A provides an overview to Real Estate laws and regulations that may occur in France.
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Germany: Real Estate
Published: December 2022
Authors: Dennis Blechinger
This country-specific Q&A provides an overview to Real Estate laws and regulations that may occur in Germany.
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Spain: Real Estate
Published: November 2022
Authors: Maria Pradillo Carme Briera Fernando Escribano Javier Olabarri Laura del Campo
This country-specific Q&A provides an overview to Real Estate laws and regulations that may occur in Spain.
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The Netherlands: Real Estate
Published: November 2022
Authors: Liesbeth Buiter Lotte de Bruin Stern Flik
This country-specific Q&A provides an overview to Real Estate laws and regulations that may occur in The Netherlands.
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United Kingdom: Real Estate
Published: November 2022
Authors: Lindsay Mann Michael Coxall Matt Taylor
This country-specific Q&A provides an overview to Real Estate laws and regulations that may occur in United Kingdom.
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United States: Real Estate
Published: November 2022
Authors: Ness Cohen Eddie Frastai Jeanne Roig-Irwin
This country-specific Q&A provides an overview to Real Estate laws and regulations that may occur in United States.
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United Kingdom: Insurance & Reinsurance
Published: April 2023
Authors: Imogen Ainsworth Jack F. Gilbert
This country-specific Q&A provides an overview to Insurance & Reinsurance laws and regulations that may occur in United Kingdom.
- Corporate and commercial > Equity capital markets – mid-large cap
- Corporate and commercial > Financial services: contentious
- Corporate and commercial > Financial services: non-contentious/regulatory
- Corporate and commercial > VAT and indirect tax
- Dispute resolution > Banking litigation: investment and retail
- Dispute resolution > Commercial litigation: premium
- Dispute resolution > Public international law
- Employment > Employee share schemes
- Finance > Acquisition finance
- Finance > Bank lending: investment grade debt and syndicated loans
- Finance > Corporate restructuring & insolvency
- Finance > Debt capital markets
- Finance > Derivatives and structured products
- Finance > Securitisation
- Finance > Transport finance and leasing
- Industry focus > Emerging markets
- Industry focus > TMT
- Insurance > Insurance: corporate and regulatory
- Investment fund formation and management > Fund finance
- Investment fund formation and management > Real estate funds
- Private client > Contentious trusts and probate
- Projects, energy and natural resources > Infrastructure
- Projects, energy and natural resources > Oil and gas
- Projects, energy and natural resources > Power (including electricity, nuclear and renewables)
- Real estate > Commercial property: corporate occupiers
- Real estate > Commercial property: development
- Real estate > Construction: non-contentious
- Real estate > Environment
- Real estate > Property finance
- Risk advisory > Corporate governance
- TMT (technology, media and telecoms) > Fintech
- TMT (technology, media and telecoms) > IT and telecoms
- Transport > Rail
Top Tier Firm Rankings
- Corporate and commercial > Corporate tax
- Corporate and commercial > EU and competition
- Corporate and commercial > M&A: upper mid-market and premium deals, £500m+
- Corporate and commercial > Private equity: transactions – high-value deals (£250m+)
- Crime, fraud and licensing > Fraud: civil
- Dispute resolution > Competition litigation
- Dispute resolution > International arbitration
- Dispute resolution > Tax litigation and investigations
- Employment > Employers
- Finance > High yield
- Industry focus > Hospitality and leisure
- Industry focus > Life sciences and healthcare
- Insurance > Insurance litigation: for policyholders
- Investment fund formation and management > Private funds
- Projects, energy and natural resources > Mining and minerals
- Public sector > Administrative and public law
- Real estate > Commercial property: investment
- Risk advisory > Data protection, privacy and cybersecurity
- Risk advisory > Regulatory investigations and corporate crime (advice to corporates)
Firm Rankings
- Corporate and commercial > Commercial contracts
- Corporate and commercial > EU and competition: trade, WTO anti-dumping and customs
- Employment > Pensions (non-contentious)
- Industry focus > Retail and consumer
- Real estate > Planning
- Real estate > Social housing: finance
- TMT (technology, media and telecoms) > Sport
- Real estate > Property litigation
- TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design
- Real estate > Construction: contentious
- TMT (technology, media and telecoms) > Intellectual property: patents (contentious and non-contentious)
- Ghana > Foreign firms
Top Tier Firm Rankings
- Angola > Foreign firms
- Mozambique > Foreign law firms