Firm Profile > Clifford Chance > Düsseldorf, Germany

Clifford Chance
KÖNIGSALLEE 59
40215 DÜSSELDORF
Germany

White-collar crime > Advice to companies Tier 1

Clifford Chance's clients cannot only rely on extensive compliance and internal investigations expertise, but also on longstanding experience in representing banks and international corporations in white-collar crime cases. Particular core competencies of the renowned two-partner strong team include advice on cross-border matters pertaining to corruption, capital markets offences and criminal tax issues, although its legal expertise generally encompasses the entire spectrum of white-collar crime matters. Heiner Hugger, one of the leading criminal defence lawyers in Germany, is particularly well versed in preliminary proceedings and cross-border matters, David Pasewaldt focuses on assistance with capital markets offences, tax evasion as well as corruption allegations and counsel Julia Baedorff places emphasis on criminal tax and capital markets issues.

Compliance Tier 1

Clifford Chance stands out for its broad offering and wide sector expertise with particular skills in the segments anti-corruption, financial sanctions, export control, money laundering, antitrust law and data protection, while also regularly handling compliance due diligence. The team is jointly led by white-collar crime lawyer Heiner Hugger and healthcare compliance expert Peter Dieners. Stefan Menner focuses on tax compliance. Data protection specialist Ines Keitel and David Pasewaldt, who acts at the interface between compliance and white-collar crime law, are other key contacts.

Industry focus > Healthcare and life sciences Tier 1

Clifford Chance is best known for its national and cross-border transaction practice and, with Peter Dieners and Ulrich Reese in the lead, the team is led by two of the most renowned life sciences and healthcare specialists in Germany. The team's expertise includes regulatory issues in the pharmaceutical and medical project sector with market access issues and compliance mandates counting as particular strengths together with the development and implementation of new cooperation models in the healthcare and life sciences sectors. This includes, for example, instructions pertaining to digital healthcare, such as those frequently handled by Gunnar Sachs. The team's good reputation became visible during the Covid-19 pandemic when it received a large number of time-critical mandates, including those pertaining to vaccines and disinfectants.

Practice head(s):

Testimonials

'' Good networking within the law firm on a very wide range of topics. Topics are also submitted if it does not correspond to the core competence of the usual contact person. Young colleagues are closely involved in all processes (mentoring program). '

' Ulrich Reese: Fantastic industry knowledge. '

' The Düsseldorf legal team around Gunnar Sachs and Ulrich Reese: Very good understanding of the pharmaceutical industry, very good understanding of business interests, solution-oriented work, finding creative solutions. '

' Gunnar Sachs: partner you want to work with. High level of identification with projects on which he is advising; very good understanding of the pharmaceutical industry; Fellow thinkers and lateral thinkers; extremely sympathetic demeanor; business and solution oriented. He has perfected finding the right balance between 'external consultants' and 'co-thinkers for the client's project team'. '

' Ulrich Reese and Peter Dieners: Both partners are very uncomplicated and trustworthy in their cooperation, exceptionally well-founded in terms of their subject matter, but provide pragmatic advice that is easy to implement in practice. '

' Gunnar Sachs: Dear, competent contact person, great expertise in the pharmaceutical sector, very clear in his statements. Customer-oriented, flexible also in its availability. '

' Gunnar Sachs: Clear and stringent advice on HWG. '

' Carolin Kemmner: Despite relatively short professional experience, high degree of understanding of the pharmaceutical industry and knowledge of the market; extremely sympathetic demeanor; excellent contract creation skills. '

Banking and finance > Investment funds Tier 1

Clifford Chance's considerable range of services spans the entire fund cycle, from fund structuring, fund set-up and administration to reorganisations and transactions, and includes tax and regulatory matters. With Marco Simonis and Gregor Evenkamp, the team is also well placed to advise on fund-related structured products. Based on this wide spectrum, the team receives regular instructions from an equally diverse client base including investment companies, financial institutions, asset managers and insurance companies as well as private investors. While handling all asset classes, Josef Brinkhaus has a focus on open and closed-end real estate, infrastructure, debt and private equity funds. In addition, energy and tech funds are gaining in importance, as are blockchain-based investments.

Testimonials

' The integrated fund and tax practice has a unique selling point. '

' Clifford Chance advised us on fundraising for our second fund. Extremely competent, friendly and effective in communication, also with investors. '

' Sonya Pauls is a well-respected fund expert. Is characterized by high professional competence and also a very good understanding of the commercial aspects (can assess what is really important). '

Banking and finance > Project finance Tier 1

Clifford Chance regularly takes the lead in large-scale national and international projects and has set up a German Africa Desk Group for projects in Africa. Its focus lies on the energy sector, including renewable energies, as well as on infrastructure and PPP projects. This wide-ranging expertise in complemented by its in-depth asset finance capabilities with particular expertise in the shipping, rail and aviation sectors. Christof Häfner is a key contact for the two last-mentioned segments but he also routinely takes the lead in project finance mandates. Together with practice head Florian Mahler (project finance and asset finance) and Beda Wortmann (project finance and PPPs), he is one of the core members of the team, which acts for lenders, pension funds, investors, government agencies, development companies and corporates.

Practice head(s):

Testimonials

' Extremely good cross-border cooperation between different Clifford teams in cross-border deals. High quality content of the lawyers and always solution-oriented. Close cooperation and constant availability. The best law firm I have worked with in my 20 years of international project finance, regardless of the country. '

' Very personal contact. High motivation. Clear understanding of individual solutions for projects. Problem-solving oriented. '

'' Very pragmatic and goal-oriented approach to tasks. '

' Florian Mahler: Solution-oriented approaches in drafting and in negotiations; assertive and at the same time friendly; promotes the balance of interests between the parties and makes a decisive contribution to sustainable compromises. '

Key clients

KfW Kreditanstalt für Wiederaufbau

DEG Deutsche Investitions- und Entwicklungsgesellschaft

Deutsche Bank

IFC International Finance Corporation

Global Infrstructure Partners

MacquaireCanada Pension Plan Investment Board

UniCredit

European Investment Bank

MUFG Bank

Siemens Project Ventures GmbH

STEAG Beteiligungsgesellschaft

Real estate and construction > Real estate Tier 1

Clifford Chance fields one of the leading real estate practices in Germany and offers comprehensive expertise in advising on transactional matters related to real estate investments by way of share and asset deals as well as on joint ventures; the client base, which comprises national and international investment companies, insurers and asset managers, can also count on the group's experience in tax structuring, financing, asset management as well as restructuring. While the nine-partner team acts across an impressive spectrum of asset categories, it recently assisted particularly often with portfolio transactions and real estate investments in the office and commercial spheres and was further sought-after by clients from the care and logistics sectors; the practice behind Christian Keilich also advised on an increasing number of real estate P2P transactions. Dennis Blechinger, who made partner in May 2020, is the key contact at the increasingly visible Munich office and the recommended Fabian Böhm focuses on real estate financings and refinancing as well as portfolio transactions.

Practice head(s):

Other key lawyers:

Testimonials

' Our regular consultants for over 30 years. The largest and most experienced team in the market, they know all common topics inside out. Traditionally excellent notary services. '

Banking and finance > Real estate finance Tier 1

Clients value Clifford Chance's full-service offering based on the combined expertise of its network and the cooperation with various other practice groups, and which covers all aspects of real estate investments. Thus, its workload includes German and cross-border real estate finance, structured finance and refinance as well as securitisation and related regulatory issues; matters that are entrusted to the practice by investors, project developers and private equity firms. Recently, the team has been increasingly active for Asian investors in the logistics space, while it also handles various other asset classes, most notably retail, residential, office and data centres. Tobias Schulten and practice head Beda Wortmann both have a focus on structured finance. In February 2020, the team was strengthened with the arrival of counsel Andreas Ruthemeyer from Freshfields Bruckhaus Deringer; he covers a broad spectrum but has recently been particularly active for alternative investors.

Practice head(s):

Testimonials

' An effective team that confidently masters cross-border and multilingual financing of all sizes. Carefully and quickly. The team is friendly and available and also open to joke. So it's fun. '

' Beda Wortmann: Confident converter, deep knowledge of the market, confident and objective persuasion work towards the other side. '

Restructuring and insolvency > Restructuring Tier 1

The 'outstanding' restructuring practice at Clifford Chance offers advice on financial as well as operational restructurings. Representing banking consortia is a focus of the practice's portfolio. The team handles negotiations of mass credits, lender-led solutions, insolvency litigation and distressed M&A transactions, among others. The group pursues a multidisciplinary approach and jointly creates experienced teams with finance, M&A, tax and litigation experts, if required, and regularly cooperates with the firm's international network. Restructuring scales range from international corporations to medium-sized companies. The team also assists with all matters of the new Covid-19-legislation, including the allocation of KfW-loans or government subsidies. Practice head Stefan Sax, who is 'pragmatic, reliable, economically thinking', advises companies affected by liquidity difficulties, their managers as well as domestic and international financial institutions on insolvency law matters. Cristina Weidner, who has a 'very pleasant handling and is legally excellent', has experience in major insolvency proceedings and complex financial restructurings as well as sector knowledge in automotive suppliers. Counsel Joachim Ponseck joined Baker McKenzie in January 2021 to establish a new restructuring practice under his leadership.

Practice head(s):

Other key lawyers:

Testimonials

‘Outstanding restructuring team; Able to develop pragmatic and convincing solutions even in complex cases and to represent them to the relevant parties involved.’

‘Stefan Sax: outstanding restructuring lawyer; pragmatic, reliable, economically thinking. Dr Cristina Weidner: very pleasant handling and legally excellent.’

‘First address in Germany for restructuring and reorganisation. Also excellent knowledge in insolvency situations.’

‘Dr Stefan Sax belongs to the absolute elite of lawyers working in the restructuring and reorganisation sector. He is characterised by excellent knowledge, very good communication and always fair appearance. It’s always good to have him by your side.’

‘Large distressed loan practice with enough capacity and state of the art advice for very large cases.’

‘Dr Stefan Sax – a ‘master of his trade’. He always has the banking industry (his clients) under control, sees developments in advance and is extremely reliable. Absolutely top line-up.’

‘Stefan Sax: Pragmatic, hands-on, innovative and equipped with the ability to bring negotiations to an end. Cristina Weidner: Good mediator with the necessary attention to detail.’

‘Stefan Sax and Cristina Weidner: Their ability to communicate clearly during the entire process and to take on external perspectives is palpable. When it comes to internal decision-making processes, we really appreciate the ability to turn complex legal contexts into something easy to understand.’

Capital markets > Structured finance and securitisation Tier 1

Clifford Chance's team led by Oliver Kronat has extensive expertise in structured finance and alternative investments, based not least on its close cooperation with the tax and regulatory practices. The core structured finance team puts significant emphasis on securitisation transactions and their regulatory classification. This includes term securitisation and true sale, synthetic securitisations, trade receivables and portfolio transactions. Mandates pertaining to funds are typically handled by Gregor Evenkamp, while the firm's US practice is called upon in instructions relating to US law. This broad range of service is used by an equally broad client base, including credit and financial services institutions, asset managers, originators, investors and corporates in Europe and the US. The sectoral range covers various industries; during the research period, the team has been particularly active in healthcare, manufacturing, automotive, fintech and real estate. Counsel Hannes Deusch is a key member of the team, handling a broad spectrum of securitisation.

Practice head(s):

Other key lawyers:

Testimonials

‘The establishment and long-term support of our complex ABS program is characterized by its reliability and expertise in the area of structured finance and securitization.

The colleagues are always very easy to reach, very customer-oriented and try to implement customer ideas with foresight. Deep and broad knowledge and very high professionalism. The possibility of calling in colleagues in other legal systems is always helpful. Appointments are kept very well.

Oliver Kronat and Hannes Deusch: Proven expertise in the field of structured finance and securitization with helpful and creative solutions.

Oliver Kronat: In particular, knowledge in the regulatory area (banking supervisory law, ECB) is always up-to-date (also with regard to the current state of discussion) and comprehensive.

Dispute resolution > Arbitration (including international arbitration) Tier 2

The key focus areas of the German arbitration practice at Clifford Chance are proceedings with regard to post-M&A, energy, construction and investment matters, but the internationally well-connected team also shows expertise in the pharmaceutical, financial and manufacturing industries. Practice head Michael Kremer is a well-versed defender in plant engineering disputes and also has excellent know-how in alternative dispute resolution (ADR); Moritz Keller mainly focuses on arbitration proceedings, covering a wide range of topics. The team also includes energy dispute expert Tim Schreiber and Sebastian Rakob, who has expertise in the recognition and enforcement of foreign rulings and arbitral awards.

Public sector > Commercial administrative law Tier 2

Clifford Chance's commercial administrative law practice is multifaceted and handles commercial administrative issues in the infrastructure and energy sectors as well as in relation to gambling and banking law among other matters. The team has significant constitutional law expertise; in this area, Thomas Voland is a key figure. The firm advises on topical issues such as the phasing out of coal energy, climate change and broadband expansion. Advice on European and international law is another focus for the group. Mathias Elspaß heads the practice.

Practice head(s):

Other key lawyers:

Testimonials

'Very good expertise; very good service understanding; practical approach. '

'' Thomas Voland with outstanding expertise in questions of world trade law and related EU legal references. '

Dispute resolution > Commercial litigation Tier 2

The dispute resolution practice at Clifford Chance advises on three cornerstones: commercial, corporate and antitrust litigation. The team defends national and international companies from a variety of sectors in often cross-border proceedings; here the firm's network proves to be useful. Practice head Michael Kremer is known for his expertise in contentious infrastructure and industrial plant projects, whereas Christine Gärtner's focus is on D&O liability as well as post-M&A disputes. Uwe HornungBurkhard Schneider and Sebastian Rakob are procedural lawyers with extensive experience, and counsel Jan Conrady recently focused on disputed data protection issues.

Corporate and M&A > Corporate Tier 2

At Clifford Chance cross-border and German conversions, restructurings, joint ventures, annual general meetings and corporate disputes are covered, while the team also assists with capital increase, IPOs and post-M&A disputes in co-operation with the finance, capital markets, stock corporation and antitrust experts of the firm; the practice has further expertise in corporate aspects of transactions. The team mainly advises large corporations, medium-sized companies and executive bodies and is often instructed by clients from the regulated industries such as pharmaceuticals, finance and automotive. Thomas Krecek and Anselm Raddatz jointly head the practice.

Practice head(s):

Capital markets > Debt capital markets Tier 2

Working in close cooperation with other practices enables Clifford Chance's team to handle all product and transaction types. Its offering includes convertible, hybrid and high-yield bonds alongside structured bonds. Banks also instruct the practice to assist with the update of EMTN and ECP programmes but its client portfolio also showcases in-depth experience advising issuers, who have recently received assistance with the issuance of green bonds. This in turn led to instructions from credit institutions on the development and documentation of green and sustainable bonds. DCM and ECM expert Sebastian Maerker leads the practice.

Industry focus > Energy Tier 2

With its cross-practice set-up and specialisation in the energy sector, Clifford Chance fields a team that is particularly well equipped to handle project work. Its support in the construction and operation of one of the first liquefied natural gas terminals in Germany not only underlines the team's experience in the gas sector but also illustrates its ability to provide assistance with regulatory, corporate and finance matters as well as with environmental and planning law. The practice also ranks among the strongest transactions teams in the German market, most notably in the offshore wind sector and in cross-border mandates. Other key elements include grid expansion, energy trading issues, integrated solutions for districts as well as e-mobility and smart metering. On a national level, the team is well placed to cover the increasing penetration of the energy sector by digital transformation, and receives support from its global tech group in the international sphere. Björn Heinlein in Düsseldorf heads the team, which includes co-head Mathias Elspaß, whose core expertise includes environmental, licensing and planning issues in the energy sector.

Practice head(s):

Other key lawyers:

Testimonials

'' Leading team with corresponding above-average and extensive knowledge of the market. '

' Björn Heinlein: One of the best lawyers in the market for years. Particularly noteworthy: proactive identification of strategic opportunities. '

' Younger, very motivated and committed team that already has a lot of experience (partly also with other renowned law firms). '

' Thomas Voland: Very experienced in the field of energy, strong economic understanding, very committed and reliable. '

Key clients

German LNG Terminal GmbH

China Southern Powergrid Inter-national (HK) Co.Ltd

Global Infrastructure Management, LLC

State Grid Corporation of China

ONTRAS Gastransport GmbH

Global Infrastructure Management, LLC

Amprion GmbH

Banco Santander

innogy SE

Capital markets > Equity capital markets Tier 2

Since the arrival of Philipp Klöckner from Sullivan & Cromwell LLP in May 2019, Clifford Chance's practice, which previously focused on advising underwriters, has also been increasingly active for issuers. Thanks to the close cooperation with various other practice groups and offices within the firm's international network, most notably with its colleagues in Luxembourg and New York, the team is able to offer a broad spectrum of services, which, alongside capital increases and IPOs, also includes pre-IPO matters at the intersection with DCM and financing. George Hacket heads the practice and, with his expertise in US securities law, is a regular fixture on international securities transactions.

Practice head(s):

Other key lawyers:

Dispute resolution > Financial services: litigation Tier 2

The dispute resolution team at Clifford Chance has strong expertise in banking and tax law-related proceedings; its clients are typically national and international banks, insurance companies and as asset managers. The team is particularly renowned for transactional disputes in connection with cum-ex and cum-cum, for which Burkhard Schneider is a well-versed point of contact. He regularly cooperates with tax lawyer Felix Mühlhäuser and the white-collar crime team. The practice is headed by Michael Kremer.

Banking and finance > Financial services: regulatory Tier 2

Clifford Chance's service portfolio covers the entire regulatory lifecycle, from licensing procedures and the Brexit-related relocation of business activities to Germany, to industry-specific M&A transactions and the representation in contentious banking and capital markets proceedings alongside regulatory investigations. This wide-ranging spectrum corresponds to the expertise of practice group head Marc Benzler, who complements this offering with know-how in the regulation of derivatives and financial market instruments. This particular interface was recently strengthened with the addition of counsel Johannes Rothmund, who previously led the structured finance department within Commerzbank AG’s legal department and joined the firm in April 2020. Besides his focus on regulatory issues at the interface of capital market law, he is a key contact for restructuring and settlement issues. Fintech sector work is also part of the team’s offering.

Practice head(s):

Testimonials

' The team has a strong foundation in terms of current regulations and their practical application. This combination has proven to be invaluable over and over again. '

' Very experienced team with practical expertise and a good overview of the market. '

' Marc Benzler: Very high technical and market knowledge and very constructive cooperation. '

' Marc Benzler combines experience, adaptability and practical relevance in an extraordinary way, which makes him invaluable for advice on the German markets. '

' Marc Benzler has outstanding experience and provides very pragmatic legal advice. '

Compliance > Internal investigations Tier 2

Clifford Chance specialises in advising companies from the financial and manufacturing industries on a wide range of matters, including mandates pertaining to money laundering, corruption and export control as well as data protection, monitoring, tax and cum-ex. Its capabilities to handle this broad range of work is not least based on the close cooperation between various practice groups and offices. Heiner Hugger is known for his experience in white-collar crime law; he jointly heads the practice with Peter Dieners, who is recognised for his healthcare sector expertise. David Pasewaldt is regularly called upon to assist with internal investigations and preliminary proceedings.

Banking and finance > Lending and borrowing Tier 2

Clifford Chance advises a client base consisting of banks, private equity investors, direct lending funds and corporates on national and international acquisition and corporate finance, restructurings, refinancings and recapitalisations as well as on the takeover financing of listed companies (including public-to-private transactions). This spectrum is not least based on the team's interdisciplinary approach and cooperation with various other offices within the firm's network. Bettina Steinhauer, who handles cross-border financings, such as mezzanine and high-yield financings and public-to-private transactions, alongside infrastructure and real estate finance, shared this sector focus with former team co-head Barbara Mayer-Trautmann, who joined Milbank at the end of 2020.

Practice head(s):

Other key lawyers:

Testimonials

' One of the top teams in Germany with the ability to effectively support the most complex financing structures for investors. '

'' Excellent know-how for financing agreements (loan and collateral agreements), high degree of flexibility, very good customer orientation while still striving for an agreement in negotiations, fast response times. '

'' High degree of flexibility in terms of time and content, constructive and pragmatic in handling, cost-oriented, well-founded specialist know-how, friendly and cooperative. '

'' In- depth understanding of the matter; through the office network able to bring a pan-European perspective. '

' Steffen Schellschmidt was a great help. Strong commitment and deep understanding of credit law issues. '

Corporate and M&A > M&A: large deals (€500m+) Tier 2

At Clifford Chance energy, healthcare, automotive, technology and infrastructure are among the industry focus areas in the large-cap segment. The team advises major corporations, DAX30-companies as well as financial institutions and investors with additional know-how at the intersection with corporate and corporate group law, and private equity. The team led by Thomas Krecek and Anselm Raddatz benefits from easy access of expertise across its numerous global offices in the context of cross-border deals.

Practice head(s):

Testimonials

'' Coverage of all legal areas that are relevant for a company in the pharmaceutical industry in daily business; Identification with projects / questions on which Clifford advises (no classic “external advice”); The idea of service comes first. '

Germany > Tax Tier 2

National and international banks, corporates, institutional investors, funds and asset managers frequently instruct the team at Clifford Chance to assist with tax structuring issues in the funds and asset management sectors, a key area of expertise for Marco Simonis, as well as with matters pertaining to real estate, M&A and PE transactions, where the practice is best known for its expertise at the intersection between tax, fund regulation and real estate. Handling investigative and criminal proceedings as well as preventive tax compliance issues constitutes another cornerstone of the practice and an area frequently led by team head Felix Mühlhäuser, but he also provides regular advice on national and international financing transactions alongside real estate and corporate acquisitions. Thorsten Sauerhering is another key member of the team, as is Dominik Engl, who made partner in May 2020. Both specialise in transactional tax.

Private equity > Transactions Tier 2

Clifford Chance covers a variety of sectors such as energy, health care and infrastructure among others, thereby cooperating closely with other industry experts across the firm's practice groups. The group acts for both mid-cap and large-cap players and is particularly experienced in acquisition financing, portfolio company consultancy and cross-border transactions. Anselm Raddatz heads the team which also includes Frederik MühlJoachim Hasselbach and Markus MuhsSonya Pauls is a renowned expert in fund structuring.

Germany > Antitrust Tier 3

International merger control and cross-border cartel investigations as well as disputes are part of Clifford Chance's day-to-day business. Additionally, the practice proves its expertise in matters related to market dominance, joint ventures and cooperations. Notable clients in the automotive, pharma, telecoms and consumer goods sector rely on the team, just like companies in the information technology industry do; under the roof of the firm's global tech group, latter clients receive advice by Michael Dietrich among others. Marc Besen has longstanding experience in merger control, while the team's third partner Joachim Schütze often assists with antitrust aspects of large cross-practice projects.

Testimonials

'Very conscientious and intensive incorporation and processing of the topic, information and explanations on specific industry topics are immediately internalized and incorporated into the arguments accordingly.'

'Michael Dietrich has thoroughness, expertise and attention to detail.'

'Unrestricted expertise of the antitrust team.'

'The antitrust team has an extremely strong ability to understand the company's business and to provide practical advice.'

'The antitrust law team is always 100% solution-oriented and always has a proposed solution ready, even in difficult issues, with which the goal can be achieved. The result of the advice always speaks for itself. The cost-benefit factor of antitrust law practice is extremely good and convincing. '

'Michael Dietrich is always available and available to his clients at any time. All statements made by him are binding, solution-oriented, cost-oriented. His expertise in all areas of antitrust law is unbeatable. '

'Precise, stress-resistant, client-oriented.'

'Marc Besen has a wealth of experience, is solution-oriented and very reliable.'

'Very high level of professional competence, even when asked spontaneously on remote topics from antitrust law.'

Banking and finance > Fintech Tier 3

Clifford Chance provides fintech sector advice in conjunction with various other practices such as M&A, data protection and financial market regulation, which results in wide-ranging capabilities attractive to banks and financial services companies as well as corporates and start-ups. Marc Benzler is the key contact for regulatory issues; Gregor Evenkamp advises on the tokenisation of assets and ITOs as well as on transactional and regulatory issues; and Oliver Kronat focuses on structured finance transactions.

Key clients

RTX21

Postera Capital

SSW Trading

Corporate and M&A > M&A: mid-sized deals (sub-€500m) Tier 3

Clifford Chance focuses on national and cross-border mid-cap deals with reference to the energy, infrastructure, healthcare, life sciences, automotive and technology industries. Besides listed companies and major corporations, the team also advises financial institutions and investors. The management of the practice is shared by energy expert Anselm Raddatz and cross-border specialist Thomas Krecek. Martin Weitenberg and Werner Brickwedde joined Eversheds Sutherland.

Practice head(s):

Testimonials

‘High quality and enormous penetration in all jurisdictions. One stop shop approach.’

Dr. Brother is an experienced M&A lawyer who reaches the goal with calm and prudence. Extremely good negotiator.

Public sector > Planning and environment Tier 3

Clifford Chance's environmental and planning law practice advises on large, complex projects in the energy as well as the chemical industry, with regards to raw material extraction and in the infrastructure sphere. Planning law advice to transmission system operators in the electricity and gas sectors is another focus. Within the firm, the team is also actively involved in M&A transactions and project financings, and represents clients in approval proceedings. Cross-practice cooperation with the real estate practice as well as with colleagues in the finance law space is a significant aspect of the group's activity. 

Practice head(s):

Other key lawyers:

Testimonials

' Excellent expertise; very good understanding of business issues; Ability to find pragmatic solutions even in legally demanding situations; understandable presentation of complex topics. '

' Dr. Matthias Elspaß: Very friendly and pleasant to deal with, great specialist knowledge, strong solution orientation, finds pragmatic solutions, works very cost-oriented (i.e. in the interests of the clientele). '

Insurance > Advice to insurers Tier 4

Clifford Chance's practice focuses on advice on domestic and cross-border transactions within the insurance and reinsurance market, including portfolio transfers and capital issues. The team has particular expertise at the intersection with real estate law, where Christian Keilich and Gerold Jaeger regularly assist insurers with real estate transactions. Regulatory expert Marc Benzler continues his advice on Brexit action-plans and advises international clients on European restructurings, while Thomas Krecek has a strong focus on international corporate and M&A work.

Real estate and construction > Construction (including construction litigation) Tier 4

Clifford Chance's construction practice is firmly anchored in the infrastructure and plant engineering project space, while the team predominantly assists project and property developers from the manufacturing, healthcare and automotive industries with contractual, project-related and litigious matters. Düsseldorf-based Michael Kremer has longstanding experience in advising on project agreements of national and international infrastructure and plant engineering projects.

Practice head(s):

Public sector > Public procurement Tier 4

Counsel Steffen Amelung  heads the procurement practice at Clifford Chance. Advice to infrastructure clients is a mainstay for the practice while its cooperation with the project finance team in large-scale private-public partnership projects particularly stands out. The second advice focus lays on the healthcare sector where its close cooperation with the firm's pharmaceutical practice is of great benefit. The group also assists clients with the implementation of award procedures and represents them in review proceedings.

Practice head(s):

Public sector > State aid Tier 4

Clifford Chance's state aid team around Düsseldorf-based Joachim Schütze and Thomas Voland advises international companies and large infrastructure projects with a sector focus on energy among other industries. For instance, the group assisted with matters related to the construction of Germany's first liquid gas terminal. As of recently, the practice also advises financing and banking experts on the implementation of Covid-19-credit schemes by KfW development bank and guarantee schemes by federal and state governments. The team cooperates closely with its offices in Brussels and Paris.

Practice head(s):

Key clients

Tesla

German LNG Terminal GmbH

Helmholtz-Zentrum für Gesundheit Münchens

KfW

Shareholder von Gas Union

Führender Hersteller von Anlagen zur Erzeugung erneuerbaren Stroms

Stadt Köln

Trade and distribution > Trade, distribution and logistics Tier 5

With Gunnar Sachs in the lead, Clifford Chance's distribution law group primarily focuses on technology sector work and various digitisation-related matters. The interdisciplinary team however also advises on distribution agreements, distribution systems and distribution platforms. Thanks to the firm's renowned antitrust practice, it is also well equipped to guide clients through distribution antitrust law matters with Marc Besen as a key contact.

Other key lawyers:

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

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