Clifford Chance > Amsterdam, Netherlands > Firm Profile

Clifford Chance
DROOGBAK 1A
1013 GE AMSTERDAM
Netherlands

Netherlands > Banking and finance: lender or arranger side Tier 1

Clifford Chance‘s first-rate team demonstrates its market-leading credentials across a multitude of large and complex financings, including those involving real estate finance, leveraged finance, export credit finance, trade and commodity finance, structured finance, syndicated lending and club deals. Titus de Vries leads the team, which is comprised of both Dutch and English law-qualified lawyers. In addition to acting for mainstream financial institutions, the firm also has a broad private debt client base. In the project finance space, a highlight in 2020 involved counsel David Woolmer and others acting for ING Bank and the Development Bank of South Africa on the €640m financing of seven solar farms in Angola with a combined capacity of 370MW, including one of the largest solar projects in sub-Saharan Africa to date. Also notable is that Folko de Vries advised Idinvest on the financing of the acquisition of Pe Pe Parts by Bencis Capital Partners. Other practitioners of note include Nienke van Stekelenburgh, Jelle Hofland, Angela McEwan and counsel Boudewijn Vermeer. Mark Huddlestone is a consultant.

Practice head(s):

Titus de Vries

Other key lawyers:

Folko de Vries; Jelle Hofland; Angela McEwan; Hein Tonner; Nienke van Stekelenburgh; Jackie Jones; Mike Niekoop; Nanette Rutgers; Boudewijn Vermeer; David Woolmer

Testimonials

‘Excellent legal knowledge, broad and global network, and at the same time, personal contact. Keen on advising their clients, but also able to be pragmatic and connect with the counterparty to make sure that parties work to a suitable solution.’

‘Very pleasant experience in working a/o with Jelle Hofland and Nienke van Stekelenburg. Both excellent and committed professionals.’

‘Although based in Amsterdam, the team has extensive developing markets experience from having advised several European development finance institutions. The team is gender diverse, with several leading female senior lawyers, including partner Angela McEwan and counsel Jackie Jones and Sylvia van der Heyden. And good access to the senior team too.’

‘Angela McEwan is pragmatic and commercial, and has a knack for turning the complex into simple and clear concepts.’

Jackie Jones is a seasoned professional who protects our position without seeming adversarial, which maintains a great dynamic on deals to get to parties to reach solutions.’

‘One of the top financing teams in the NL mid-market. Very experienced and pleasant to work with.’

‘Great people, business minded with high expertise.’

Key clients

Dutch Mezzanine Fund (DMF)

ABN Amro Bank N.V.

Cooperatieve Rabobank U.A.

ING Bank N.V.

Ares Management Limited

Idinvest

BlackRock Advisors

LGT

Work highlights

  • Advised Dutch Mezzanine Fund (DMF) and FundIQ on the mezzanine financing of the acquisition of accessory chain J-Club by Nordian Capital.
  • Advised the syndicate of lenders on the Dutch and US law aspects of Ahold Delhaize’s €1bn sustainability-linked revolving credit facility.
  • Advised a syndicate of national and international banks led by ABN Amro, Rabobank and ING Bank on negotiations with KLM Royal Dutch Airlines and the Dutch State in relation to the €3.4bn financial support package for KLM (which was in financial difficulties as a result of Covid-19).

Netherlands > Capital markets: debt Tier 1

Clifford Chance is heavily involved in high-profile debt capital markets offerings, where its first-rate team is equally strong acting for issuers and underwriters. Led by Jurgen van der Meer, the group covers a full range of matters, including MTN programmes and drawdowns, corporate hybrid instruments, green and sustainability-linked bonds, liability management transactions and regulatory capital matters. Senior counsel Tineke Kothe recently acted as issuer counsel to Stedin Holding on its €500m issue of perpetual subordinated securities, which are listed on Euronext Amsterdam. Another name to note at the firm is counsel Dewi Walian, who joined from NautaDutilh in July 2021, and is knowledgeable about high-yield, convertible, investment grade and regulatory driven debt offerings and restructurings (including schemes of arrangement).

Practice head(s):

Jurgen van der Meer

Other key lawyers:

Key clients

NatWest Markets N.V.

ABN AMRO Bank N.V.

Coöperatieve Rabobank U.A.

LeasePlan Corporation

PostNL

Stedin Holding N.V.

Wizz Air Finance Company B.V.

Volkswagen

Siemens

OCI N.V.

Telefonica Europe B.V.

Goldman Sachs International

REN Finance B.V.

Netherlands > Dispute resolution: Mediation Tier 1

Clifford Chance leverages its international network for support on multi-jurisdictional alternative dispute resolution and mediation matters. Head of litigation and dispute resolution Dirk-Jan Duynstee focuses on securities litigation, post-M&A disputes and commercial litigation, and was recently involved in a multi-billion Euro bankruptcy case. Counsel Juliette Luycks heads up the firm’s Amsterdam arbitration practice and is a CEDR accredited mediator; she has considerable trial experience before the Dutch courts.

Netherlands > Private equity Tier 1

At Clifford Chance, the team is especially active on the cross-border front, leveraging its international network to serve a global client base; its private equity team is geared to support on the full array of transactions, combining tax, employment, antitrust, regulatory and finance expertise, among other areas. Practice head Mark Jan Arends focuses on the establishment of acquisition structures, multijurisdictional deals, asset purchases and divestitures; he is supported by Jan-Hendrik Horsmeier, who is forging a prominent reputation for tech, energy and infrastructure-related deals. Other sectors of particular expertise include financial services, retail, industrial, TMT, life sciences and chemicals. Hans Beerlage left the firm in January 2022.

Practice head(s):

Mark-Jan Arends

Other key lawyers:

Jan-Hendrik Horsmeier; Gregory Crookes; Jeroen Thijssen

Key clients

KKR

Blackstone Group

Partners Group

PGGM

Cinven

Parcom

Gilde Buy Out Partners

Teslin

Waterland

CVC Capital Partners

Nordic Capital

Work highlights

  • Advised Partners Group on the strategic growth buyout of enterprise cloud software company Unit4 by private equity firm TA Associates for over $2 billion.
  • Supported Blackstone on the public offer for NIBC, valuing NIBC at approximately €1.03bn.
  • Acted for Parcom on the acquisition of nationwide retailer HEMA B.V.

Netherlands > Project finance and PFI Tier 1

Known for new developments, complex financing structures and innovation, Clifford Chance is ‘clearly experienced and capable of providing not just the work but also the insights with an aim to create value for the project’. The firm specialises in new and innovative financing structures, acting for borrowers as well as lenders, a particular forte being portfolio financings in the wind and solar sectors. Key areas of work for the practice include advising on data centres and fibre networks, and matters in the energy and renewables, telecoms, oil and gas, and petrochemicals arenas. Team head Hein Tonnaer focuses on projects and project finance issues. Other key names in the practice are consultant Jaap Koster, who has expertise in real estate developments, transactions and projects; renewables and infrastructure projects specialist Liesbeth Buiter; and counsel Mike Niekoop, who handles projects and project financing, real estate finance, leveraged finance and asset-based finance transactions.

Practice head(s):

Hein Tonnaer

Other key lawyers:

David Woolmer; Priyanka Paunrana; Philip Walsh; Rutger Dekker; Carlijn Tenge; Liesbeth Buiter; Mike Niekoop; Jaap Koster

Testimonials

‘Team specializing in structured export finance. Very professional, dedicated, fast response time and “problem solving” approach.’

‘Work with David Woolmer and Priyanka Paunrana. Very experienced and professional, dedicated and available outside regular office hours, fast response time and result oriented.’

‘We were looking for knowledge, insight and experience while flexibility within the team was key. The CC team is clearly experienced and capable of providing not just the work but also the insights with an aim to create value for the project. The latter is key for project finance because such value will ultimately benefit all key stakeholders. This is clearly different from many other firms where quite often an individual is driving the deal. Also the broad experience of the team is valued because it can set the pace while your counter part / lawyer is lagging behind.’

‘Hein Tonnaer is capable of bridging legal needs and business ambitions. This makes you come back for more and pushes us as a client to continuously seek improvements and the like. Philip Walsh is a great support to the project and stable engine to make things spin. His drafting skills are really making the difference in our project documentation. Rutger Dekker is not just the next senior lawyer, but he takes full responsibility for a big part of the challenge. The way Rutger, Philip and others in the team interact provide great comfort.’

‘We selected Clifford Chance as they really stood out, most notably in terms of understanding the project and its background and providing valuable insights and learnings. Clifford Chance is acting as lead counsel for the project including advice re EPC and project finance.’

‘We primarily work with Hein Tonnaer. He is no less than a star. Friendly and easy going, but with rock solid skills and knowledge. Hein has impressed us with his sector knowledge and providing real valuable learnings even before project start.’

‘It shows that this team is used to cooperating together and a lot of aligning going on behind the scenes which makes them really hands on to work with.’

‘Liesbeth Buiter and Hein Tonnaer are a great team, approachable, transparent and fun to work with. Carlijn Tenge is a rising star within the team.’

Key clients

ENCAVIS AM Management GmbH

Kroningswind B.V.

SwifterwinT op Land B.V.

Blue Elephant Energy AG

Coöperatieve Rabobank U.A.

ING Bank N.V.

NIBC Bank N.V.

ABN AMRO Bank N.V.

SkyNRG BV

Vattenfall

Mitsubishi Corporation

Standard Bank of South Africa

Tikehau Investment Management

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)

Work highlights

  • Advising SkyNRG BV, the project company, on a sustainable aviation fuel plant being developed in the Netherlands.
  • Advised Blue Elephant Energy AG, the Hamburg-based independent operator of solar and wind farms, on the acquisition and financing of four construction-ready photovoltaic parks in the South East and East of the Netherlands with a combined capacity of 47MW.
  • Advised Encavis Infrastructure Fund III on the acquisition of the Zonnepark Vlagtwedde solar farm from Impax Asset Management.

Netherlands > Restructuring and insolvency Tier 1

Clifford Chance is ‘very dedicated, client-driven and offers creative solutions’. It handles complex domestic and international restructurings, and acts for lenders, funds, alternative investors, sponsors and companies. The practice advises on both restructuring and insolvency matters, and has particular experience in contingency planning and refinancing work, enforcement strategies and shareholder disputes. The team is headed up by Ilse Van Gasteren and Jelle Hofland, with Van Gasteren recommended for cross-border restructurings and Hofland bringing valuable finance expertise to the team.

Practice head(s):

Ilse Van Gasteren; Jelle Hofland

Testimonials

‘Ilse Van Gasteren is involved, hands-on, straight forward, skilled, and dedicated’.

‘Jelle Hofland is practical, goal-orientated and experienced’.

‘Jelle Hofland is an authority in the field of restructuring’. 

‘Jelle Hofland and Ilse Van Gasteren offer a very personal and tailor-made approach’.

‘Realistic and very practical in finding win-win solutions’

‘Amazing team’.

‘I have worked with the team for many years and they deliver great advice consistently’.

Key clients

Rabobank

ING Bank N.V.

ABN AMRO

Deutsche Bank

BNG Bank N.V.

TMF Netherlands B.V.

BNP Paribas

Hemisphere International Properties B.V.

Cureaos

Damen Shipyards

HEMA

Royal Imtech

Netherlands > Transport Tier 1

Clifford Chance is known in the market for its shipping and aviation finance expertise. It acts for a broad range of clients, including car importers, shipping companies, airlines, regulators, brokers and financiers. As a fully integrated notarial practice, the team is well placed to handle asset finance transactions. Hein Tonnaer leads the practice and combines his knowledge of aviation, shipping and export finance to advise banks, lenders and sponsors on a range of transactional matters. Counsel Mike Niekoop is a name to note for leveraged finance and corporate lending work, and is active in cross-border financing matters.

Practice head(s):

Key clients

BBAM Aircraft Management LP

BOC Aviation Limited

Falko Regional Aircraft Limited

Macquarie Aircraft Leasing Services (Ireland) Ltd.

Milestone Aviation Group Limited

JP Lease Products & Services Co., Ltd.

SMBC Aviation Capital Limited

ABN AMRO Bank N.V.

Koninklijke Luchtvaart Maatschappij N.V. (KLM Royal Dutch Airlines)

Transavia Airlines C.V.

BNP Paribas and NTT Finance Corporation

Weststar Europe B.V.

Netherlands > Banking and finance: asset finance and structured finance Tier 2

Clifford Chance‘ structured finance and securitisation team, which is led by recently promoted partner Nienke van Stekelenburgh, has had a notable uptick in CMBS and RMBS transactions. Elsewhere, other drivers of work include private fleet securitisations, trade receivables securitisations and restructurings. Stekelenburgh recently assisted Raben Group as originator with setting up a cross-border trade-receivables programme to be financed by the senior and subordinated lenders. Stekelenburgh works with Jurgen van der Meer, who leads the debt capital markets and financial regulatory practices in Amsterdam. Also recommended are asset finance expert Folko de Vries, senior counsel Tineke Kothe and newly promoted counsel Nolan Groenland. Marijke van der Weide, formerly senior associate at Loyens & Loeff, joined as counsel in February 2022.

Practice head(s):

Testimonials

The Amsterdam banking and finance team is one of the more capable and well-informed teams in the Netherlands.’

Well informed of precedent (or driving precedent), a pragmatic approach and drive to meet deadlines lead to predictably solid negotiation results.’

Key clients

Cooperatieve Rabobank U.A.

Elavon Financial Services DAC

Goldman Sachs & Co. LLC

HSBC Bank plc

Inter-American Investment Corporation

Morgan Stanley

NATIXIS

NIBC Bank N.V.

Raben

Work highlights

  • Advised Barclays Bank plc, HSBC Bank plc and NATIXIS as Joint Lead Managers on the issuance of mortgage backed (RMBS) notes by Dutch Property Finance 2020-2 B.V., and advised Barclays Bank plc, BNP Paribas, HSBC Bank plc and NATIXIS as Joint Lead Managers on the issuance of mortgage backed (RMBS) notes by Dutch Property Finance 2021-1 B.V. All the notes are backed by buy-to-let mortgage loans originated by RNHB B.V. (a Carval sponsored entity).
  • Advised Stichting Trustee Dutch Property Finance 2020-2 as Security Trustee and Elavon Financial Services DAC as Paying Agent on the issuance of mortgage backed (RMBS) notes by Dutch Property Finance 2020-2 B.V., and advised Stichting Trustee Dutch Property Finance 2021-1 as Security Trustee and Elavon Financial Services DAC as Paying Agent and Registrar on the issuance of mortgage backed (RMBS) notes by Dutch Property Finance 2021-1 B.V. All the notes are backed by buy-to-let mortgage loans originated by RNHB B.V. (a Carval sponsored entity).
  • Advised Goldman Sachs International on the Bruegel 2021 DAC Commercial Mortgage Loans Securitisation, involving the refinancing of a portfolio of office, hotel and retail outlets in The Netherlands and Germany.

Netherlands > Banking and finance: Borrower side Tier 2

Clifford Chance‘s team comprises of Dutch and English-qualified lawyers, making it a strong draw among domestic and international corporates, as well as private equity firms. Led by managing partner Titus de Vries, the group handles a full range of transactions for clients, such as those involving leveraged finance, corporate lending, syndicated finance, project finance, real estate finance, bond/loan financing and infrastructure finance. Its transactional capabilities are complemented by the firm’s strengths in financial regulatory matters. In 2020, Folko de Vries assisted IK Investment Partners with financing its acquisition of GeoDynamics. The team also includes England-qualified partner Angela McEwan and Jelle Hofland.

Practice head(s):

Titus de Vries

Other key lawyers:

Folko de Vries; Jelle Hofland; Angela McEwan; Hein Tonner; Nienke van Stekelenburgh; Jackie Jones; Mike Niekoop; Nanette Rutgers; Boudewijn Vermeer; David Woolmer

Key clients

Orange Capital Partners

Waterland Private Equity

Gilde Buy Out Partners

IK Investment Partners

Parcom Capital Partners

HPI Group

Restaurant Group Holding

Raben Group N.V.

Work highlights

  • Acted for Waterland Private Equity on €100m SFA the acquisition of Xebia Services and Xebia Global Services, with Tikehau as senior lender and Rabobank as super senior lender. This is the first transaction of Tikehau in the Netherlands and a first out structure.
  • Advised Orange Capital Partners (OCP) via its investment vehicles VivadaInvestments on the acquisition of two apartment buildings consisting of 173 luxury and affordable apartments referred to as ‘The Rock’, located in Kanaleneiland Noord in Utrecht, the Netherlands. Vivada Investments is a subsidiary of GIC, a sovereign wealth fund established by the Government of Singapore.
  • Advised investment firm Gilde Buy Out Partners on its €113m acquisition (as well as on the financing) of ERP software company To-Increase B.V. from Danish listed company Columbus A/S.

Netherlands > Banking and finance: Financial services regulatory Tier 2

Clifford Chance‘s financial regulatory group comprises of practitioners with previous experience of working for and with key regulators in the Netherlands, such as the Dutch Central Bank and the AFM (Financial Markets Authority), among others. Jurgen van der Meer and senior counsel Marian Scheele jointly lead the Amsterdam team, which plays a particularly important role in the firm’s global fintech practice, with it acting for start-up fintechs, biotechs and traditional financial institutions; the group’s experience in this space includes the development of new tech-based products in areas such as blockchain, smart contracts and payment services. Elsewhere, the team advises on complex regulatory issues related to AIFMD, EMIR and MiFID II, among other areas. In addition, other drivers of work for the group include licence applications, financial institutions (FIG) M&A and cross-border restructurings. Scheele, Bas Boris Visser and others are advising Tencent on financial regulatory issues relating to its payment services offering (including WeChatPay), both in and outside the EU. The firm also advises the client on corporate governance, employment and corporate matters. Counsel Robert Smits is another name to note.

Practice head(s):

Jurgen van der Meer; Marian Scheele

Other key lawyers:

Testimonials

‘Exceptional market/industry knowledge, which is coupled with pragmatic and comprehensive analytical skills and understanding of the law. As a result, Clifford Chance delivers pragmatic and actionable advice to assist counsel and management with day-to-day (as well as strategic) decision making.’

‘Marian Scheele – always delivers pragmatic and digestible advice we can use.’

‘CC’s financial services regulatory practice is particularly strong when it comes to fintech regulation in Europe. Technology allows firms to set up shop anywhere in Europe. The CC team provides a vital function by offering the ability to advise on the comparative advantages of the various jurisdictions.’

‘Particularly impressed with Marian Scheele. Very knowledgeable and dependable. Very fast response, great network.’

‘The Clifford Chance team have a deep and broad understanding of Dutch laws and they are an absolute pleasure to work with. They also understand the regulator mindset and have always provided us with counsel that was spot-on.’

‘The team they have assembled have shown their high quality through their pleasant nature, adaptability and availability to assist us throughout the whole process. They are quite knowledgeable and go the extra mile in helping us always understand the spirit of the law, including the typical “question behind the question” that a regulator may have.’

‘Knowledgeable individuals that work well together. Good knowledge of financial sector and all its aspects.’

Key clients

The Blackstone Group

Caceis

Adyen

TenCent

Floryn

Worldpay

IMC

Degiro

OKCoin

ING Bank N.V.

LiteBit

Blue Sky Group

ACT

Athora Netherlands

Mollie

Rabobank

Work highlights

  • Assisting Rabobank with structuring and establishing the AGRI3 sustainability fund. This AGRI3 Fund was created by UN Environment Programme and Rabobank, together with partner IDH and supported by FMO, the Dutch entrepreneurial development bank, to mitigate climate change.
  • Acted as legal counsel to Blackstone on recommended all-cash public offer for all issued and outstanding shares in the capital of NIBC.
  • Advised CACEIS Bank on all regulatory aspects of its take-over bid for, and integration of, KAS BANK, as Dutch specialised asset custody bank into the CACEIS group. After the successful take-over in 2019, the regulatory team assisted CACEIS Bank and KAS BANK with the integration and branchification of KAS BANK into CACEIS Bank, including the required regulatory clearance.

Netherlands > Capital markets: equity Tier 2

Clifford Chance features prominently in landmark IPOs, as well as major equity fundraises involving rights issues, accelerated bookbuilds, private placements and convertible bonds issuances. Senior counsel Han Teerink heads the Amsterdam team, which generates mandates from underwriters, selling shareholders and issuers. Its handle a full range of issues for clients by working closely with US securities law experts in Paris and London, and also with practitioners in the banking, restructuring and dispute resolution departments. Teerink was part of the cross-office group which acted for a syndicate of banks on InPost’s listing on Euronext Amsterdam; this was the largest-ever European tech IPO, the largest-ever CEE IPO, the largest European private equity IPO since 2015 and the largest Amsterdam IPO since 2016. Another highlight involved acting for the syndicate of banks on CTP’s Euronext Amsterdam IPO; this was the largest real estate IPO in Europe since 2014. Hans Beerlage left the firm in January 2022.

Practice head(s):

Han Teerink

Key clients

ABN AMRO Bank N.V.

Adyen

Bank of America Merrill Lynch

Barclays Bank

Berenberg

The Blackstone Group

BNP Paribas

CACEIS

Citigroup

Flow Traders

Goldman Sachs Bank

ING Bank N.V.

J.P. Morgan Securities plc

J.C. Flowers & Co.

Jefferies International Limited

Morgan Stanley & Co International Plc

Mondelez International

NSI N.V.

Rabobank

Teslin

Work highlights

  • Advised the syndicate of banks on the offering and listing on Euronext Amsterdam of shares of InPost, an Advent backed company and the leading e-commerce enablement platform in Poland. This was the largest ever European tech IPO, the largest ever CEE IPO, the largest European private equity IPO since 2015 and the largest Amsterdam IPO since 2016.
  • Advised the syndicate of banks on the offering and listing on Euronext Amsterdam of shares of logistics parks owner and operator CTP N.V. This was the largest real estate IPO in Europe since 2014.
  • Advised Berenberg as financial adviser on Fastned’s €150m accelerated bookbuild offering to qualified investors.

Netherlands > Commercial, corporate and M&a Tier 2

Clifford Chance is engaged on high-end transactions in a range of sectors including retail, financial services, industrials, TMT, life sciences, chemicals and industrials; practice head Mark-Jan Arends focuses on acquisition structures, joint ventures, asset purchases, financings and divestments. Gregory Crookes is often active on the cross-border front, providing both buy- and sell-side representation, meanwhile Jan-Hendrik Horsmeier handles leveraged buyouts, takeovers, mergers and public offers, directing a large amount of his attention to the energy, infrastructure and technology fields. Beyond its transactional prowess, the team thrives in respect of a number of day-to-day commercial and contractual affairs such as outsourcing, e-commerce, licensing, marketing and distribution. Counsel Tim Heerschop is an up-and-coming name with distinct expertise in renewables-related deals. Hans Beerlage left the firm in January 2022.

Practice head(s):

Mark-Jan Arends

Other key lawyers:

Key clients

KKR

Blackstone Group

Partners Group

ABN AMRO

Royal DSM

PGGM

Cinven

Faber Halbertsma Group

Parcom

Gilde Buy Out Partners

Deutsche Telekom AG

Prosus

ACT

Koninklijke Ten Cate

Heliox

Babilou Family

Heras

Work highlights

  • Advised Blackstone on the public offer for all shares in NIBC, valuing NIBC at approximately €1.03bn.
  • Acted for Parcom on the acquisition of nationwide retailer HEMA B.V.
  • Represented Prosus, one of the largest technology investors in the world, on the acquisition of a majority stake in online corporate training leader GoodHabitz.

Netherlands > Dispute resolution: Commercial litigation Tier 2

Clifford Chance handles a broad range of litigation and arbitration matters, utilising ‘one the strongest defence counsel teams’. It is particularly experienced in restructuring and insolvency-related litigation and acts for states, international companies, financial institutions and investors. Co-head of practice Dirk-Jan Duynstee focuses on corporate and securities litigation, while counsel Juliette Luycks, who also co-heads the team, is recommended for arbitration. Daan Lunsingh Scheurleer is no stranger to international dispute resolution and often handles class action suits.

Practice head(s):

Dirk-Jan Duynstee; Juliette Luycks

Other key lawyers:

Testimonials

‘The firm has a strong banking and finance litigation practice’.

‘Dirk-Jan Duynstee is pleasant and razor sharp at the same time’.

‘Dirk-Jan Duynstee is able to oversee multiple jurisdictions and different areas of law in highly complex cases’.

‘Dirk-Jan Duynstee has a team of highly qualified and intelligent lawyers that support him and his cases’.

‘Daan Lunsingh Scheurleer stands out in the market; he is really smart and a quick thinker’.

‘Daan Lunsingh Scheurleer always has a solution for every problem’.

‘Daan Lunsingh Scheurleer always remains friendly and he is pleasure to work with’.

‘The team has raised its profile with the hire of seasoned class action litigator Daan Lunsingh Scheurleer.’

Key clients

The Dutch Ministry of Finance

Lucerne Capital Management LP

Airbus SE

Nalco Water

Maxeda DIY

Deutsche Bank

Shell

Crédit Agricole S.A.

ING Bank N.V.

Deloitte Accountants

Morgan Stanley

Eneco

Republic of Ecuador

Damen Shipyards Group N.V.

Work highlights

  • Advised Lucerne Capital Management in litigation proceedings around Altice Europe N.V., a Dutch listed company.
  • Defending Deloitte Accountants (NL) in pending and threatened cross-border collective claims brought by creditors and shareholders of Steinhoff International Holdings NV for alleged audit malpractice in the courts of The Netherlands, with parallel proceedings being threatened in Germany and South Africa.

Netherlands > Energy: transactional Tier 2

With strong corporate, finance and tax capabilities and a large international network, Clifford Chance is able to undertake high-profile and high-value cross-border energy deals with ease. The practice handles both Dutch and English law and has considerable experience in M&A and project financing. The team, which is co-led by Hein Tonnaer, Liesbeth Buiter and counsel Nanette Rutgers, has recently been advising on wind, solar and datacentre projects. Tonnaer is particularly recommended for project finance in the renewables sector and energy transition matters.

Practice head(s):

Hein Tonnaer; Liesbeth Buiter; Nanette Rutgers

Other key lawyers:

Angela McEwan; Mike Niekoop; Lotte de Bruin; Philip Walsh

Testimonials

We selected Clifford Chance as they really stood out from the other firms, most notably in terms of understanding the project and its background and providing valuable insights and learnings.

Liesbeth Buiter is very engaged, pro-active, knowledgeable and a real asset in negotiations.

Really hands-on, practical advice.

Quick and knowledgeable.

Key clients

Vattenfall

Waterland Private Equity

BEEGO/Blue Elephant Energy

ING Bank

Kohlberg Kravis Roberts & Co

Deutsche Telekom Capital Partners (DTCP)

Partners Group

Encavis Infrastructure Fund III

Work highlights

  • Advised leading European energy company Vattenfall and Vattenfall Duurzame Energie in relation to an agreement with BASF on the sale of a 49.5% stake in the Hollandse Kust Zuid offshore wind-farm.
  • Advised long-standing client Waterland Private Equity (and its portfolio company Heliox), on its strategic partnership with Macquarie’s Green Investment Group to deliver electric vehicle charging-as-a-service across Europe.
  • Advised BEEGO IPP in relation to the financing and acquisition of the entire issued share capital in the project companies holding the (land) rights concerning four ground-mounted solar projects (located in Ommelanderwijk, Kampen, Leek and Markelo, and with an aggregate total of 58.963 MWp), from Chint Solar Nederland Projecten.

Netherlands > Investment funds Tier 2

Clifford Chance has a strong track record handling all aspects of the funds life cycle for Dutch and international asset managers and fund managers; its work in this space ranges from fund formation and marketing to advice on day-to-day operational issues, as well as secondary transactions, among other matters. In addition, the cross-practice team leverages its expertise in areas such as corporate, tax and regulatory to handle the gamut of issues that impact the businesses of fund managers. Other key clients of the practice include institutional investors, fund depositaries and fund administrators. A recent highlight saw a group including Mark-Jan Arends, Tjerk de Jonge and Daan Smole act for EQT on the establishment of carried interest schemes in relation to several EQT funds. Senior counsel Marian Scheele and counsel Robert Smits jointly lead the team, which also includes Michiel Sunderman.

Practice head(s):

Marian Scheele; Robert Smits

Testimonials

‘Great and knowledgeable team, taking on board local expertise on cross-border investments (for instance, London and Amsterdam representatives).’

‘The team adapts their advice to the specific client. The company that I work for is very specific as to our needs and the team was able to fulfill our requirements very quickly. The team was always available for support, and was proactive and collaborative.’

‘The team provides excellent advice across a range of different legal topics arising when investing. This is both at the structuring side – including tax structuring – and at the side of the actual investment document. I especially value the ability of the team to provide integrated cross-border advice, which deals with legal issues in different jursidictions.’

‘Marian Scheele has been a top-notch funds lawyer for years, and continues to be best in class counsel on investment fund matters. Michiel Sunderman – great at structuring fund investments, with expert knowledge of the tax aspects.’

‘A good legal adviser I regularly work with is Tjerk de Jonge. He is sharp, delivers swiftly and satisfactorily.’

Key clients

Connected Capital & Partners

Medical Credit Fund

BNP Paribas Asset Management

Blue Sky Group

EQT

Multifund

Rabobank

Waterland

Athora Netherlands

APG Investment Management

Aegon Investment Management

Shell Asset Management

DREF Asset Management

DSM Pension Services

CBRE Global Investors

JP Morgan Asset Management

State Street Global Advisors

Wellington Asset Management

Millennium Europe

Neuberger Berman

Matheson

Invesco

MFS International

Patrizia

Partners Group

Blackstone

Circle Partners

EQIQ (formerly SSG)

Northern Trust

State Street

BNP Paribas

JP Morgan

Caceis

PGGM

Lucerne Fund Management

Work highlights

  • Advised Connected Capital & Partners, a Dutch-based private equity firm, on the fundraising of its second fund, targeting commitments from a global investor base, in order to target small cap companies offering Software-as-a-Service (SaaS) solutions to business clients, with a focus on Northern Europe.
  • Advised Medical Credit Fund, on the fundraising of its second fund, Medical Credit Fund II (MCFII), targeting commitments from a global investor base to provide loans to SME companies in the health care sector in sub-Saharan Africa that find it difficult to secure formal bank loans.
  • Advised Rabobank on structuring and setting up the AGRI3 Fund for sustainable agriculture, to catalyse private and public financial resources for forest protection and sustainable agriculture, with the aim of unlocking at least $1bn in finance.

Netherlands > Tax Tier 2

Led by Michiel SundermanClifford Chance‘s team covers the full range of domestic and international tax issues connected with high-profile M&A and corporate finance transactions, restructurings, real estate transactions, energy and infrastructure projects, and banking and finance transactions, among various other non-contentious matters. It also provides full tax litigation support at all court levels in the Netherlands, particularly in the context of corporation tax and dividend tax disputes. Sunderman recently led the advice to Royal Ten Cate and Gilde Buy-Out Partners on the tax aspects of the sale of Ten Cate Geosynthetics to Solmax. Counsel Nolan Groenland and associate Stern Flik are also recommended.

Practice head(s):

Michiel Sunderman

Other key lawyers:

Testimonials

‘Focuses on the client. Trustworthy and competent.’

‘I have mostly been in contact with Nolan Groenland. I appreciate his trustworthiness, commitment to do a high quality job, availability and depth of knowledge. He also has a sense of humour, which is not something you see every day in this area of expertise.’

‘Unparalleled service.’

Key clients

Adyen N.V.

Connected Capital & Partners Management B.V.

DTCP Capital

Mondelez International Inc

NIBC Bank N.V.

Oman Investment Authority

Orange Capital Partners Holding B.V.

Kohlberg Kravis Roberts & Co. LLP

Koninklijke Ten Cate B.V.

TMF Group B.V.

Netherlands > Employment Tier 3

The Clifford Chance employment and pensions team is ‘very knowledgeable, provides practical and to the point advice and is always available’. The team is well versed in M&A-related employment work and cross-border reorganisations and restructurings. It also handles boardroom advice, remuneration policies, investigations, disputes with works councils and litigation. Floris Van De Bult heads the practice in Amsterdam and co-heads the firm’s global employment practice.

Practice head(s):

Testimonials

‘High level of knowledge and problem-solving skills’.

‘They have outstanding knowledge in the field of remuneration restrictions’.

‘Fantastic support on long-term incentive plans’.

‘The employment practice has a strong team of lawyers that complement each other’.

‘The employment team always provides fast responses and supports me on various topics’.

‘Floris van de Bult is an outstanding lawyer; very hands-on and on the ball’.

‘Floris van de Bult is really pragmatic and always adds value to strategic decisions at C-level’.

‘The team knows our business and internal stakeholders very well, which makes them a good sparring partner on complicated issues’.

Key clients

Naspers / Prosus

Aegon

Adyen

HES International

MarketAxess

HSBC

Pon

Dedalus

Mizuho Bank

Stichting Pensioenfonds Vliegend Personeel KLM

OBA

NSI

Kohlberg Kravis Roberts

Building Materials Europe

City of Rotterdam

Triple B.V.

The Blackstone Group

Parcom

Work highlights

  • Advised OBA, a portfolio company of Macquarie and Goldman Sachs operating in the Port of Amsterdam, on downsizing and restructuring its business and a mass lay off of almost 40% of its employees, negotiations with the works council and trade unions and successfully defended OBA in subsequent litigation against its works council at the specialist Amsterdam High Court.
  • Successfully represented Blackstone portfolio companies BME/BMN in appeal proceedings against the mandatory industry-wide pension fund for the trade in building materials (HiBiN), which resulted in BME//BMN being able to continue to benefit from certain exemptions in relation to the mandatory industry-wide pension fund.
  • Advised Kohlberg Kravis Roberts & Co. LLP on the employment and pensions aspects of its acquisition of Roompot Group from PAI Partners and, within the same year, on the (envisaged) acquisition of Landal GreenParks from Platinum Equity.

Netherlands > Industry focus: telecoms Tier 3

Sitting within the firm’s wider global tech group, Clifford Chance’s multidisciplinary telecoms practice advises corporate enterprises, private equity houses and financial institutions on a full spectrum of TMT matters. The team's expertise includes telecoms infrastructure investments and developments, joint ventures, outsourcing, cyber security and data protection matters. Senior counsel Jaap Tempelman leads the group.

Practice head(s):

Jaap Tempelman

Other key lawyers:

Andrei Mikes; Tamlin Higgins; Orsolya Gondos

Testimonials

‘Very knowledgeable across various relevant sub-topics and good collaboration among teams. Generally, smart team, hands-on, very good accessibility.’

Key clients

Deutsche Telekom Capital Partners

Telefónica

MessageBird

OneWeb

ING Bank

Booking.com

EQT

MTN Group

Natixis

KKR

Work highlights

  • Advised DTCP and KKR on the launch of Open Dutch Fiber, a new passive fiber network operator, and on a strategic agreement between Open Dutch Fiber and T-Mobile Netherlands.
  • Advised DTCP on its seed investment comprising (i) the acquisition of all mobile towers and masts owned by T-Infra (a subsidiary of T-Mobile/Deutsche Telekom) in the Netherlands, and (ii) the subsequent sale of T-Infra to Cellnex Netherlands, whereby DTCP acquired a stake in Cellnex.
  • Continuing to advise global satellite operator OneWeb in determining and analysing telecoms regulatory requirements across multiple jurisdictions in four continents with regard to the roll-out of its global terrestrial network, which supports its global Low-Earth-Orbiting satellite constellation.

Netherlands > Real estate Tier 3

Under the leadership of Liesbeth Buiter, the Clifford Chance real estate team acts for both buy and sell-side clients on a range of transactional matters in both the residential and commercial spaces. It handles deals in a range of asset classes, including logistics buildings, residential developments, offices buildings, holiday parks and healthcare facilities. With in-house expertise in finance, tax, fund, and notary service issues, the practice handles the full life-cycle of real estate deals.

Practice head(s):

Testimonials

‘Strong team, both technically and from a commercial common sense perspective’.

‘Specialists that make themselves available when needed’.

‘They are dedicated and can really understand their customers’ needs’.

‘Unparalleled service’.

‘Always on, always there, and always responding’.

‘A very client-focused and responsive practice which delivers the best service in the Dutch real estate market’.

‘Liesbeth Buiter is very strong in negotiations with very good market knowledge and a client-focused service mentality’.

‘Liesbeth Buiter is excellent in comparison to her peers; responsive and extremely pragmatic in finding solutions’.

Key clients

Orange Capital Partners

NorthWest Healthcare Properties

Credit Suisse

PGIM

Avignon Capital

Patrizia

UBS Asset Management Real Estate and Private Markets

Prologis

ING

KKR

Work highlights

  • Advised NorthWest Healthcare Properties in relation to the acquisition of four Curae buildings from Stichting Albert Schweitzer Hospital located on Schweitzerplaats in Dordrecht, the Netherlands.
  • Advised Orange Capital Partners on the acquisition of a residential portfolio from Wonam, consisting of mainly residential properties in Amsterdam and Utrecht with a total of approx. 850 residential houses.
  • Advised KKR on the acquisition of Roompot Group, a leading holiday parks operator in Europe with 33 parks in the Netherlands, Germany and Belgium, from PAI Partners for €1.1bn.

Netherlands > Dispute resolution: arbitration Tier 4

Clifford Chance’s Dutch arbitration offering is led by experienced counsel Juliette Luycks, who handles national and international commercial arbitration under the NAI, ICC, CAM and UNCITRAL rules. The 'very collegial' Luycks acts as both counsel and arbitrator; the team works closely with the magic circle firm's substantial international network to handle large-scale cross-border matters.

Practice head(s):

Juliette Luycks

Testimonials

‘What is greatly appreciated is both the broad range of expertise in the team and the personal approach’.

‘The team is really standing next to you guiding you through both on a personal and business level’.

‘Clifford Chance is always communicative about any billable hours’.

‘We appreciated the various team members that worked on our case’.

‘The Dutch arbitration team of Clifford Chance is special as it is fully embedded in the firm’s international arbitration practice, handling international arbitration matters with a Dutch angle’.

‘Juliette Luycks is one of the few highly experienced arbitration practitioners in the Netherlands’

‘Juliette Luycks focuses both on arbitration proceedings and arbitration-related court litigation’.

‘Juliette Luycks is very collegial when acting on the other side’.

Netherlands > EU and competition Tier 4

Counsel Frans Muller leads Clifford Chance‘s EU and competition team in Amsterdam, which acts for international clients on multijurisdictional merger filings, high-stakes cartel and abuse of dominance investigations, as well as follow-on damages actions. In addition, it advises on anti-bribery and sanctions and also assists clients with implementing compliance policies. Recent highlights included Muller and associate Jurre Jurriëns advising Royal Ten Cate and Gilde Buy Out Partners on the competition aspects of an agreement to sell TenCate Geosynthetics to Solmax.

Practice head(s):

Frans Muller

Other key lawyers:

Celine Vermeulen; Jurre Jurriëns

Testimonials

‘The individuals all have a lot of knowledge. Besides this, they are very friendly and open. You truly feel that they support you and that you work together with them. Also, they ensure that I feel understood as a client and that I also understand the process and different steps we are going through.’

‘Practical advice that is both timely and insightful.’

‘Frans Muller is the absolute best. Responsive, smart and practical.’

Key clients

Spotify

Nouryon

Upfield

Digital Infrastructure Vehicle (DIV)

ABN AMRO

ING

Rabobank

DSM

Cinven

Gilde

Royal Ten Cate

CVC

HES International

Babilou Group

Work highlights

  • Advising Nouryon, a Netherlands-based global specialty chemicals manufacturer (previously Akzo Nobel specialty chemicals), as their global antitrust counsel covering all antitrust matters, including antitrust behavioural advice and merger control.
  • Advising a syndicate of national and international banks led by ABN AMRO, Rabobank, and ING on the very high-profile state aid aspects of the €3.4 billion financial support package for KLM consisting of a State guarantee on loans and a subordinated State loan to KLM to provide urgent liquidity to the company in the context of the coronavirus outbreak.
  • Advising Digital Infrastructure Vehicle (DIV) on obtaining ACM merger control clearance after an intensive Phase 1 proceeding concerning a much-anticipated next step in the transformation of the telecoms industry in the Netherlands, essentially the de-verticalisation of the traditional mobile telecoms business.

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

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Thijs Alexander  photo Thijs Alexander Thijs Alexander specialises in mergers and acquisitions, corporate finance and equity capital…
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Bas Boris Visser  photo Bas Boris Visser Bas Boris Visser is Global Head of Innovation and Business Change 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