Firm Profile > Clifford Chance > Luxembourg, Luxembourg

Clifford Chance
10 BOULEVARD G.D. CHARLOTTE, BP
1011 LUXEMBOURG
Luxembourg

Banking, finance and capital markets Tier 1

Co-headed by Steve Jacoby and Marc MehlenClifford Chance's four-partner Luxembourg-based team forms an integral part of the firm's global finance offering and provides Luxembourg structuring advice to facilitate large-scale international financings for a blue-riband roster of international banks and funds. In addition, the team has also taken a lead role on deals precipitated by the increasing use of Luxembourg law as the basis for financing transactions. The firm's close relationship with the country's financial regulator ensures that an open dialogue is achieved and that clients are well-served with the most up-to-date and robust advice, both in the context of transactional work, as well as stand-alone regulatory advice, including on, among other things, issues relating to the implications of Brexit. Jacoby has been at the forefront of the firm's fintech initiatives and, alongside Martin Wurth, has been responsible for the firm's flourishing reputation in the fund finance space.

Practice head(s):

Steve Jacoby; Marc Mehlen

Other key lawyers:

Christian Kremer; Martin Wurth; Stefanie Ferring; Udo Prinz; Audrey Mucciante

Key clients

Goldman Sachs International

Citi, Crédit Agricole CIB, MUFG and Natixis

AccorInvest Group S.A.

HQLAx

European Investment Bank

ICN development, BESIX RED and TRALUX Immobilier

CPPIB CANADA INC.

ING Bank N.V.

Silver Arrow

Patrizia

Allianz

Permira

Mercer Alternatives AG

Deutsche Glasfaser Asset I GmbH

J.P Morgan Securities Plc

Signature Capital

Firce Capital

Commercial, corporate and M&A Tier 1

Acting on its own and also as part of a co-ordinated effort with practitioners throughout the firm's European network, Clifford Chance's two-partner team has a particular strength in advising alternative asset management firms on their M&A activity. A significant amount of the funds-specific investment work relates to transactions within the real estate/infrastructure sector, including Katia Gauzès' recent advice to Patrizia on its €1.2bn acquisition of a pan-European portfolio of 42 logistics assets from BentallGreenOak. Financial services M&A is also a strength of the team, as is work on behalf of fintech clients on their establishment and ongoing operations. Christian Kremer has considerable experience in the field and co-heads the team alongside Gauzès.

Practice head(s):

Christian Kremer; Katia Gauzès

Other key lawyers:

Louis Mamère

Key clients

Swisslog Healthcare

Patrizia

ICN development

Hines e.On

Bain Capital Credit

Banca March Corporación Financiera Alba

Unicredit.

HG

KKR

PolyOne Corporation

Firce Capital

Global Infrastructure Partners (GIP)

Primonial REIM

ICBC

Dispute resolution Tier 1

The 'responsive and thorough' 11-strong team at Clifford Chance has expertise across the waterfront of commercial disputes, both in the context of conventional litigation and alternative dispute resolution (ADR) techniques. Led by the 'responsive and trustworthyAlbert Moro, who is noted for his corporate litigation prowess, the team is particularly well-suited to representing clients in complex multi-jurisdictional mandates, where it adds value and convenience by virtue of its ability to work alongside practitioners from other international offices within the firm's network. Counsel Olivier Poelmans  is well-versed in contract law and regulatory issues and is also often involved in administrative proceedings pursuant to public procurement disputes.

Practice head(s):

Albert Moro

Other key lawyers:

Olivier Poelmans; Sébastien Schmitz; Ada Schmitt; Alma Custovic

Testimonials

‘The team is responsive and thorough.’

Albert Moro is responsive and trustworthy.’

Investment funds Tier 1

Working on its own, as well as being able to leverage complementary expertise from across the firm's M&A, finance and tax practices, should the need arise, Clifford Chance's three-partner team provides a balanced offering for fund sponsors/general partners, as well as institutional investors/limited partners, across a wide range of private funds and UCITS-type retail funds. Emmanuel-Frédéric Henrion  has significant expertise advising on private equity, real estate and alternative UCITS funds structuring, and also has a growing reputation in relation to pan-European pension funds. Kristof Meynaerts 'is very competent and experienced within the fund market', particularly relating to real estate, private equity and debt funds. Paul Van den Abeele has expertise on the buy and sell-side within the alternative funds space, including on the provision of advice to institutional investors and supranational institutions performing fund reviews and negotiating fund terms with the sponsors.

Practice head(s):

Emmanuel-Frédéric Henrion; Paul Van den Abeele; Kristof Meynaerts

Other key lawyers:

Maren Stadler-Tjan; Magali Belon; Christian Lennig; Bart Denys; Oliver Zwick; Matthias Kerbusch

Testimonials

Kristof Meynaerts is very competent and experienced within the fund market, and he values feedback and ongoing evaluation in order to be sure to deliver precisely what the client is looking for. His excellent network, general knowledge of the market and trends also provides clients with added value.’

Key clients

Credit Suisse Asset Management

GLL

JAB

PATRIZIA Real Estate

Three Hills Capital Partners

Eurazeo

Arcus European Infrastructure

ICN

Private equity Tier 1

Closely-aligned with the office's funds and investment management group and also able to leverage the firm's wider international resources, Clifford Chance's Luxembourg-based corporate and M&A team has a strong following among many conventional private equity sponsors (including KKR and BlackRock), as well as more niche players, including Global Infrastructure Partners. Christian Kremer and Katia Gauzès co-head the firm's overarching corporate group and have significant experience handling private equity-led M&A transactions.

Practice head(s):

Christian Kremer (corporate); Katia Gauzès (corporate); Paul Van den Abeele (Investment funds); Emmanuel- Frédéric Henrion (investment funds); Kristof Meynaerts (investment funds)

Other key lawyers:

Maren Stadler-Tjan; Magali Belon; Bart Denys; Christian Lennig; Louis Mamère; Oliver Zwick; Matthias Kerbusch

Key clients

Shinhan Alternative Investment

Global Infrastructure Partners

Three Hills Capital Partners

Arax Properties

Bain Capital Credit

Banca March Corporación Financiera Alba

Hg Incorporations Limited

KKR

BlackRock

Cromwell European Real Estate Investment Trust

JAB

Eurazeo

Nordrheinische Ärzteversorgung

Swisslog Healthcare

Tax Tier 1

Clifford Chance provides a 'pragmatic and business-oriented service' to clients on standalone tax issues, as well as on the tax structuring associated with corporate/M&A, finance and real estate transactions handled by the Luxembourg office. Much of the work is of a cross-border nature, which it is comfortably able to resource utilising lawyers from throughout the firm's broader global network. Team head Geoffrey Scardoni is appreciated for his ability to 'provide tailor-made advice' across a range of international tax law matters, particularly in the context of fund structuring.

Practice head(s):

Geoffrey Scardoni

Other key lawyers:

Maxime Budzin; Josselin Badoc; Kim Ngo

Testimonials

The tax team has a very business-oriented approach to all tax issues encountered by investment funds. It always tries to provide pragmatic advice, while taking into account and providing the right level of risk analysis.

‘Geoffrey Scardoni is a stellar lawyer. He is always available, understands the particularities of our structures, provides tailor-made advice and is a daily help for our legal and tax department.

Key clients

Patrizia

Rothschild Investment Management

Goldman Sachs

Pictet Alternative Advisors

ICN Development

Pacific AMC and Savills IM

Bain Capital Credit

Primonial REIM

Fierce Capital

Volkswagen

Employment Tier 2

Led by the 'outstandingAlbert MoroClifford Chance's eight-strong team provides 'responsive and clear advice' to international corporates and financial services institutions across a myriad of employment issues related to the daily operation of business in the country. The team also excels at providing the employment advice pursuant to company reorganisations, as well as in the context of M&A activity handled by the firm.

Practice head(s):

Albert Moro

Other key lawyers:

Isabelle Comhaire; Ada Schmitt

Testimonials

The team provides responsive and clear advice.

‘Albert Moro is very professional and available. His high reliability is much appreciated.’

Albert Moro is an outstanding lawyer, certainly among the very best in labour law in Luxembourg. His opinions are well balanced, carefully thought out and totally reliable from a legal point of view.’

 

Insurance Tier 2

Clifford Chance remains active providing standalone regulatory counselling to institutional firmwide clients on Brexit contingency planning. Other work includes the representation of international insurers seeking to establish Luxembourg subsidiaries, and the provision of regulatory advice on insurance M&A. Senior partner Christian Kremer handles insurance work as part of his wide-ranging corporate and finance practice.

Practice head(s):

Christian Kremer

Other key lawyers:

Udo Prinz

Key clients

Generali

Swiss Re

Zurich Assurances

KKR

Fidelity

Real estate and construction Tier 2

Benefiting from substantive real estate law knowledge and also able to leverage corporate, finance, tax and funds resources across the firm's platform, Clifford Chance is effectively able to advise clients across the entire property lifecycle, from the initial acquisition and development, through to exit. Albert Moro handles both contentious and non-contentious real estate mandates, and heads up the team that also includes counsel Sébastien Schmitz, whose versatile workload in the space includes advice to end-users and developers on office and commercial lease contracts.

Practice head(s):

Albert Moro

Other key lawyers:

Sébastien Schmitz

Key clients

ICN Development

Patrizia

FIRCE CAPITAL Luxembourg

IP and IT Tier 3

Clifford Chance continues to develop its data protection expertise; recent work has included advising funds clients on GDPR-related compliance matters. Counsel Isabelle Comhaire heads the practice, which was strengthened in January 2020 by the arrival of senior associate Charles-Henri Laevens from Allen & Overy Luxembourg,

Practice head(s):

Isabelle Comhaire

Other key lawyers:

Albert Moro; Charles-Henri Laevens

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, dispute resolution and risk management: 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, pensions, employment and incentives: 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.

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, Bangkok, Barcelona, Beijing, Brussels, Bucharest, Casablanca, Dubai, Düsseldorf, Frankfurt, Hong Kong, Istanbul, Jakarta*, London, Luxembourg, Madrid, Milan, Moscow, Munich, New York, Paris, Perth, Prague, Rome, São Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Warsaw, Washington, D.C., Riyadh**

*Linda Widyati & Partners in association with Clifford Chance

**Clifford Chance has a co-operation agreement with Abuhimed Alsheikh Alhagbani Law Firm in Riyadh

Photo Name Position Profile
 Steve Jacoby  photo Steve Jacoby Steve Jacoby co-heads the Luxembourg Banking, Finance and Capital Markets practice and…
Number of partners : 550
Number of other fee-earners : 3,300

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.

http://www.legal500.com/clifford-chance/their-voices