Clifford Chance LLP > London, England > Firm Profile

Clifford Chance LLP
10 UPPER BANK STREET
LONDON
E14 5JJ
England

Corporate and commercial > Equity capital markets – mid-large cap Tier 1

Clifford Chance LLP is home to a multidisciplinary equity capital markets practice group with a deep bench of experts, covering IPOs, secondary offerings, rights issues and GDR issues. Vastly experienced acting for both banks and issuers, the team leverages a firm-wide international network to provide clients with corporate finance options available across various European and Middle East jurisdictions. A ‘senior statesman within the ECM sector’, Adrian Cartwright  co-leads the team and specialises on the issuance of shares and global depositary receipts in the international market. Fellow co-head Simon Thomas has extensive experience in IPOs, rights issues, global depositary receipts and equity placings, including those in emerging markets. Christopher Roe is a key name to note for the full-range of UK equity capital markets transactions. The highly regarded equity capital markets lawyer John Connolly retired in 2023.  

Practice head(s):

Adrian Cartwright; Simon Thomas

Other key lawyers:

Christopher Roe; James Koessler

Testimonials

‘A balanced practice acting for both issuers and banks. They have some standout associates and the partners are excellent.’

‘Adrian Cartwright is a senior statesman within the ECM sector and is able to leverage this experience to guide clients through tricky issues.’

‘James Koessler is an exceptional associate. He has strong technical capabilities and is measured in the advice he gives.’

 

Key clients

Pfizer Inc.

Americana Restaurants International PLC

Gotion High Tech Co., Ltd

CLSA Limited (“CLSA”)

BNP Paribas

Huatai Financial Holdings (Hong Kong) Limited

Guotai Junan Securities (Hong Kong) Limited

Haitong International Securities Company Limited

Ningbo Shanshan Co., Ltd.

UBS AG London Branch (“UBS”),

HSBC Bank plc (“HSBC”)

China International Capital Corporation (UK) Limited (“CICC”)

Lepu Medical Technology (Beijing) Co., Ltd

Emirates NBD

EFG Hermes

EJF Investments Limited

PensionBee Group PLC

Citibank, N.A

Swiss Re

Hangzhou Great Star Industrial Co., Ltd

Jiangsu Eastern Shenghong Co., Ltd

HSBC Continental Europe

BofA Securities

Goldman Sachs

J.P. Morgan

Deutsche Bank

Morgan Stanley

Barclays

Société Générale

UniCredit

Crédit Agricole CIB

Citi

Work highlights

  • Advised Pfizer Inc. on the demerger and listing of Haleon plc in London and New York, the largest listing in London for many years and one of the largest ever demergers in Europe.
  • Advised Americana Restaurants International PLC on its initial public offering. This global offering is the first ever dual listing on the Abu Dhabi Securities Exchange and the Saudi Stock Exchange, and consisted of three concurrent offer tranches: a UAE retail offer, a KSA retail offer, and a global institutional offer.
  • Advised UBS, HSBC and CLSA (as joint global coordinators) and CICC and HTI (as joint bookrunners) on Ming Yang Smart Energy Group Limited’s global depositary receipts offering and listing on the Shanghai-London Stock Connect segment of the London Stock Exchange.

Corporate and commercial > EU and competition Tier 1

Well-regarded for its ability to offer clients ‘creative’ and ‘balanced legal solutions’, Clifford Chance LLP’s competition group possesses the capabilities to advise on the full gamut of merger control filings and antitrust investigations. The team is particularly strong in the tech, fintech and pharma sectors and is regularly engaged by a number of household names including Amazon, Spotify and Epic Games. In recent months, the firm’s work for Amazon garnered prestigious recognition, earning them both ‘Matter of the Year’ and ‘Behavioural Matter of the Year’ for Europe at the Global Competition Review Awards. Leading the practice is Greg Olsen, who holds an excellent market reputation for his proficiency in both behavioural and merger control matters. He also serves as antitrust counsel to the Bank of England and European Central Bank Working Groups. Assisting Olsen is Alex Nourry, who covers all aspects of EU and UK competition law, advising on merger and foreign investment controls, cartels and market investigations. The ‘extremely talented and bright’ Nelson Jung is noted for his expertise in the technology, pharmaceutical and retail sectors.

Practice head(s):

Greg Olsen

Other key lawyers:

Nelson Jung; Alex Nourry; Samantha Ward; Sue Hinchliffe; Luke Tolaini; Matthew Scully; Jennifer Storey; Stravroula Vryna; Aleksander Tombinski; Richard Blewett; Amy Ryan

Testimonials

‘They are our go-to firm for day-to-day competition law advice.’

‘The work they are performing is extremely complex. The European Commission’s investigations are the most complex cases I’ve managed and the most complex case of the last few years worldwide. To deliver on their work they not only have to be excellent layers but also be able to understand complex businesses and processes.’

‘They are not only brilliant lawyers, but more importantly know our business very well and go beyond the typical OC advisory work. We consider them our partners. It is very difficult to find lawyers with these qualities.’

‘Nelson Jung is an extremely talented and bright partner. He knows our business in depth and also adjusted to our business needs. He is excellent at communicating with the business which makes him an extremely helpful and reliable partner to our in-house team.’

‘Aleksander Tombinski is the counsel in charge of our main case and also is deeply involved in our EC Stated Aid case. He is practical, thorough and always available.’

‘Amy Ryan is the best associate I’ve worked with. She is thorough and technically excellent. I can rely on her to drive very complex high-profile matters and know she won’t let me down, no matter what. An associate to watch.’

‘Team of outstanding legal professionals, focused on providing the best and truly reliable legal support, with creative, but still balanced, legal solutions. They take time to understand the business and corporate culture, and approach legal work to the individual specificity of their client.’

‘Richard Blewett and Sue Hinchliffe are two outstanding professionals that I highly recommend to anyone seeking Antitrust/Competition law advice. Richard is extremely knowledgeable, with a shrewd mind for business and with outstanding communication skills. Sue is an outstanding professional, with deep knowledge of her area of expertise, seeking creative though reliable and balanced solutions.’

Key clients

Amazon

Spotify

Epic Games

Mondelez International

Pfizer

Mastercard

Cellnex Telecoms

Inmarsat

Work highlights

  • Advising Amazon in relation to two active European Commission investigations regarding Amazon’s marketplace, as well as other Member State investigations.
  • Advising Mondelez International on the EU Commission’s ongoing major investigation into suspected restrictions of cross-border trade in violation of Articles 101 and/or 102 TFEU.
  • Advising Delivery Hero in the context of the European Commission’s unannounced inspection at Delivery Hero’s offices in July 2022.

Corporate and commercial > Financial services: contentious Tier 1

The offering at Clifford Chance LLP is singled out by clients as ‘quite simply the best in the market‘, and continues to act in a significant proportion of the most intricate and notable PRA and FCA investigations in the market. Carlos Conceicaoteams fierce intellect with highly effective communication skills‘, and has particular expertise in cases of market abuse. Dorian Drew and Oliver Pegdencan handle the most difficult and complex cases with aplomb.‘ Drew frequently handles enforcement actions brought by a range of domestic and international regulators, while Pegden is highly active in internal investigations and related High Court litigation. Other notable practitioners in the ‘superb team‘ include Kelwin Nicholls, whose latest highlights include leading one of the first investigations in the blockchain sector, and Samantha Ward, whose expertise lies in data-related risks.

Practice head(s):

Carlos Conceicao

Other key lawyers:

Dorian Drew; Oliver Pegden; Kelwin Nicholls; Samantha Ward; Michael Lyons; Sophie Cunliffe

Testimonials

‘Superb team with standout individuals and strength in depth.’

‘Carlos Conceicao: huge experience; leading the field.’

‘Dorian Drew is a very capable and reassuring presence.’

‘Oliver Pegden: intelligent and sensible.’

‘Quite simply the best in the market.’

‘Dorian Drew and Oliver Pegden know the area backwards. They can handle the most difficult and complex cases with aplomb. They put together fantastic teams and can pull off extraordinary results. Worth every penny.’

‘Top notch team – deep subject matter expertise, huge intellects, incredible work ethic.’

‘Carlos Conceicao – a class act. He gives you real confidence that your case is in safe hands, and he teams fierce intellect with highly effective communication skills and engaging delivery. We love working with him.’

Work highlights

  • Representing a global investment bank in a multi-regulator, multi-jurisdictional investigation into potential systems and controls issues, in connection with a significant trading error.
  • Conducting an internal investigation, as well as responding to regulatory and select committee enquiries relating to Liability Driven Investments and disruption in the Gilt market following the Autumn 2022 mini-budget, on behalf of a global asset management firm.
  • Conducting an expedited internal investigation into trading conduct in the context of a bond buy-back auction, including the question of potentially anti-competitive information sharing, on behalf of a global investment bank.

Corporate and commercial > Financial services: non-contentious/regulatory Tier 1

The financial regulation team at Clifford Chance LLP covers the full spectrum of mandates, from Brexit-related regulatory issues and digital assets to new business generation matters, policy work and the regulatory aspects of large-scale M&A transactions, among others. Caroline Meinertz leads the team and advises global financial institutions on Brexit-related mandates, while Simon Crown focuses on funds and asset management and Caroline Dawson handles matters concerning investment banking, derivatives, market infrastructure and ESG. Monica Sah counts global financial institutions, disruptor blockchain providers and crypto services providers among her key roster of clients, and Paul Ellison’s practice caters to private equity firms. Other members of the team include Diego Ballon Ossio, who was promoted to partner in May 2023, and senior associates Laura Douglas and Stephanie Peacock. Now a consultant, Simon Gleeson remains a key contact in the group.

Practice head(s):

Caroline Meinertz

Testimonials

 ‘The team has both breadth and depth of experience and skills. They are great at keeping us informed on developments and providing us sessions to understand new or evolving legislation and regulation.’

 ‘Simon Crown is also proactive in considering developments as they evolve and bringing to our attention matters, we should be aware of.’

Corporate and commercial > M&A: Upper Mid-Market And Premium Deals, £750m+ Tier 1

The ‘unquestionably knowledgeable, experienced and technically capable’ corporate team at Clifford Chance LLP regularly acts on takeovers, acquisitions and divestments for FTSE 350 and Fortune 500 clients including leading global corporates, financial investors and banks. With an extensive international footprint and a diverse spread of clients across a range of industries including healthcare, media, telecoms, oil and gas and banking, the London team is jointly headed by Nigel Wellings and Melissa Fogarty, who regularly advises clients in sectors such as consumer goods and financial services. Dealmaker, ‘excellent relationship manager’ and ‘proactive communicator’ Katherine Moir is a key lawyer in the team, advising on complex and cross-border M&A while also offering the full range of corporate transactional and advisory support. David Pudge continues to act for a range of clients on M&A, corporate governance issues, stock exchange matters and public takeovers, while Steven Fox offers corporate finance expertise across public and private M&A, capital raisings and IPOs.  Co-head of the healthcare and life sciences team Gareth Camp assists international corporate clients with restructurings, public bids and disposals. Focusing on real assets and regulated industries and advising on demergers, investments, joint ventures and acquisitions is Nick Spurrell, while  James Bole offers takeover code expertise following a secondment to the Takeover Panel. Meanwhile, recent arrival from White & Case LLP, Dominic Ross, brings significant experience  advising corporates and financial institutions in matters relating to the healthcare, defence, consumer goods and retail industries.  Former partner Tim Lewis has left the firm and is now executive vice chair of the Arsenal board. Guy Norman has relocated to Saudi Arabia with the firm.

Practice head(s):

Melissa Fogarty; Nigel Wellings

Other key lawyers:

Katherine Moir; Steven Fox; David Pudge; Gareth Camp; Nick Spurrell; James Bole; Dominic Ross; Caoimhín Eastwood; Robert Crothers; Alanna Hunter; Richard Crosby; Nicholas Rees

Testimonials

‘As well as being unquestionably knowledgeable, experienced, technically capable and well-staffed to serve clients, the Clifford Chance corporate team are a pleasure to deal with, demonstrating pragmatism and engaging with the in-house team and internal clients at a level which engenders a “one team” feeling like no other magic circle firm manages to do.’

‘Caoimhín Eastwood is a hard worker and technically capable. Caoimhín demonstrates excellent expectation management and really listens to what clients want. He is one to watch!’

‘Dealmaking abilities aside, Katherine Moir is an excellent relationship manager, a pro-active communicator and a joy to work with.’

‘The team stands out for its delivery of first-rate commercial advice with the highest level of responsiveness.’

‘David Pudge consistently provides wise and practical counsel.’

Key clients

Unilever plc

Barclays plc

easyJet plc

London Stock Exchange Group plc

Mondelēz International

Informa plc

Citibank N.A.

Entain plc

Pfizer Inc.

BBVA

Devro plc

Cellnex

Nielsen Holdings plc

Serco plc

CK Asset Holdings

Work highlights

  • Advised longstanding pharma client Pfizer in connection with the demerger of Haleon from GSK
  • Advised Nielsen Holdings on its takeover by a private equity consortium led by Elliott Investment Management, Brookfield Capital Partners, GIC and The WindAcre Partnership.
  • Advised Cellnex Telecom on the completion of its acquisition of the telecommunications tower assets of CK Hutchison and on the disposal of a package of approximately 1,100 sites in the UK to Wireless Infrastructure Group.

Corporate and commercial > Private equity: transactions – high-value deals (£250m+) Tier 1

Highly regarded for its ‘strength in depth, with partners and associates making us their top priority‘, Clifford Chance LLP‘s private equity practice works with many of the top buyout houses on big-ticket transactions, both domestically and internationally. In particular, the team is noted for the depth of its European offering, fielding PE specialists across the continent who regularly work in conjunction with the London office on multi-jurisdictional matters. The firm’s global PE head Jonny Myersbrings unrivalled experience as trusted adviser’ across both national and international work, most recently for clients engaged in technology and life sciences-focused deals. New London practice head Spencer Baylin is a key relationship partner for many of the firm’s most high-profile sponsor clients. Graham Phillips is well versed in energy and resources-oriented work, while Oliver Marcuse is roundly praised for his expertise in secondary transactions. Since joining from Mayer Brown International LLP in January 2022, Neil Evans has advised on multiple high-value acquisitions for various large sponsors. Shimin Lee, who regularly advises on some of the firm’s most consequential deals, is also recommended. Former London practice head Christopher Sullivan left the firm in December 2023.

Practice head(s):

Jonny Myers; Spencer Baylin

Testimonials

‘We are a repeat user of Clifford Chance for the following reasons. 1. They deliver across all countries, operating as a single team wherever needed. 2. They are truly trusted advisers, partnering with us through all deployment, asset management and liquidity events 3. Leading market knowledge and incisive business-focused advice 4. Deliver solutions, not problems 5. No egos obstruct our getting the best in class advice, whether that be equity, debt, tech, healthcare or any other aspect needed 6. Strength in depth, with partners and associates making us their top priority and working as an international team.’

‘Jonny Myers brings unrivalled experience as trusted adviser with a can-do approach delivering the firm and solutions wherever needed.’

‘Oliver Marcuse is a great addition to the partnership with a very strong first year and growing market profile. Particular expertise in secondaries and fund liquidity transactions.’

‘Shimin Lee is a partner in the making, already treated as such by our teams and will be a great addition to CC’s deep bench.’

Key clients

Cinven

Clayton, Dubilier & Rice

Permira

ONEX

Gyrus

CVC Capital Partners

Partners Group

EQT

abrdn

KKR

Work highlights

  • Advised Cinven and co-investor Novo Holdings on the disposal of Envirotainer to EQT and Mubadala. The enterprise value of the transaction is approximately €2.8 billion.
  • Advised Cinven on an investment in True Potential, with the company’s founders, management, and private equity firm FTV Capital selling an undisclosed majority stake in the business to Cinven.
  • Advised abrdn on its investment (as lead investor) into Titanbay.

Corporate and commercial > VAT and indirect tax Tier 1

Clifford Chance LLP‘s VAT and indirect tax team displays a ‘good depth of knowledge’ when handling domestic and cross-border matters in the insurance, financial services, energy, and healthcare sectors. Its broad offering encompasses the tax aspects of restructurings, M&A transactions, and a variety of contentious and non-contentious mandates. Real estate indirect tax expert David Saleh leads the practice, supported by director Simon Corzberg with expertise in the real estate, finance, insurance, energy, and the non-profit sectors and director Edward Page, who advises on the tax elements of M&A, joint ventures, and cross-border investments.

Practice head(s):

David Saleh

Other key lawyers:

Testimonials

‘Good depth of knowledge combined with commercial acumen that accumulates from decades of working in specialist areas.’

Key clients

Northwest Healthcare Properties REIT

Prologis

CK Asset Holdings

Legal & General Investment Management

GLP

Work highlights

  • Assisted NorthWest Healthcare Properties REIT with assembling a large portfolio of private hospitals in the UK since 2018.
  • Advised Prologis on its €1.585bn acquisition of a portfolio of 128 logistics facilities and six development sites located across seven countries in Europe from leading last-mile operator Crossbay.
  • Advised a wholly-owned indirect subsidiary of CK Asset Holdings on the £1.21bn sale of 5 Broadgate, London.

Dispute resolution > Banking litigation: investment and retail Tier 1

The practice at Clifford Chance LLP is ‘intellectual, outstanding, organisationally superb, and utterly client focused’, with expertise in complex financial products and cross-border matters. The practice consists of a specialist contentious regulatory team, as well as a dedicated in-house forensic accounting team. Many leading banks rely on the expertise of the team, including HSBC, Standard Chartered, and Morgan Stanley. Head of the team Ian Moulding is ‘hugely experienced’ and commended for commanding ‘the trust of senior decision makers in major institutions’. ‘Phenomenal hard workerHelen Carty leads the wider litigation practice at the firm, with experience in defending mis-selling claims and advising on derivatives transactions. Noted practitioners include ‘exceptionally capableChris Yates, with experience litigating in both the London and Hong Kong market, along with ‘stand-out partnersKelwin Nicholls and Lindsay Bickerton. Matthew Newick acts as the global head of litigation, with vast experience in high-value disputes for the firm’s financial sector clients. At associate level, Ben Jasper, Philip Cox, Michael Gorrie, and Melissa Oppenheim are noted.

Practice head(s):

Ian Moulding

Testimonials

‘What a team: intellectually outstanding; organisationally superb; utterly client focused; top class service from beginning to end.’

‘Chris Yates is exceptionally capable and delightful to work with, Chris embodies all that is best about a modern, top class Banking litigation service.  Anne Collins isbrilliant, efficient, committed, very easy to get on with. Just superb.’

‘Senior Associate Ben Jasper provides clear advice and guidance.’

‘Philip Cox is a great team player and star of the future.’

‘Helen Carty is outstanding: she is rightly worshipped by her clients for her command of the field, and her sensitivity to their needs. A phenomenal hard worker, she is vastly experienced, strategically astute and successfully steers her clients to resolution of the most complex disputes.’

‘Michael Gorrie and Melissa Oppenheim are agile thinkers and accomplished draftsmen.’

‘Ian Moulding is senior, wise and hugely experienced. Commands the trust of senior decision-makers in major institutions in their most important cases.’

‘Kate Scott: rising star junior partner with impressive fintech and IT expertise.’

Key clients

BNP Paribas

Citi

HSBC

ICBC Standard Bank

Standard Chartered

Morgan Stanley

RBS

Work highlights

  • Defending two financial institution clients in an action brought by the US Federal Deposit Insurance Corporation as receiver for 19 closed US banks against a number of USD LIBOR panel banks.
  • Advising Link Fund Solutions Limited (LFSL)  in relation to group litigation brought by retail investors under s.138D FSMA following the fund’s suspension and subsequent winding-up.
  • Advised on complex cross-border restructuring litigation, including advising a group of noteholders in respect of potential avenues to challenge a bank’s decision to transfer certain notes from one bank to another.

Dispute resolution > Commercial litigation: premium Tier 1

At Clifford Chance LLP the team leverages its strength across sectors and jurisdictions to achieve success in a wide range of complex, often high-profile disputes. At international leadership level, Jeremy Kosky is a name to note, along with Julian Acratopulo, notably acting for Airbus in the highly-publicised Qatar Airway proceedings. In London, Helen Carty leads the litigation and dispute resolution team, with specialist knowledge of financial institutions, regulatory investigations, and disciplinary proceedings. Maxine Mossman is another recommended practitioner, as is Chris Yates and Jeremy Sandelson. James Cranston is ‘terrifically clever‘ and ‘massively tactically astute‘, and is noted along with ‘excellent solicitor‘ senior associate Christina Schuetz.

Practice head(s):

Jeremy Kosky; Julian Acratopulo

Other key lawyers:

Testimonials

This is an absolutely Rolls Royce litigation practice. They have strength in depth, both at partner level and below. They are fully committed to their client’s cause. The partners ‘live’ their client’s concerns and come up with clever and creative solutions. Totally outstanding.’

‘I have been instructed by CC in a wide range of high-profile disputes in each of the categories above, including covid-related business interruption claims.

‘Maxine Mossman is massively brainy, produces superb documents, and is a delight to work with.’

‘Chris Yates is the perfect sports lawyer – he loves the industry, works harder than anyone, is a great lawyer, and is charm personified. He’s a winner, what more could you want.’

‘Julian Acratopulo is the full package: highly intelligent, an outstanding team-leader, a great tactician, and he strikes the fear of God into the opposition.

‘James Cranston is terrifically clever, he produces first-rate documents, he’s massively tactically astute, and he’s enormously hard-working. A total superstar.’

‘Christina Schuetz is an excellent solicitor, and a deeply experienced arbitration practitioner. If you’ve got a complex arbitration, you want her on your team.’

Key clients

Airbus

LzLabs

Dr Mike Lynch

News Group Newspapers Limited

Terra Firma

EE

Citibank N.A. and Citibank UK Limited.

Manchester City Football Club Limited

Marks & Clerk

Serco Limited

Work highlights

  • Represented Airbus in two sets of proceedings being heard together, commenced by Qatar Airways against Airbus in the Technology and Construction Court (KBD) in December 2021 and February 2022.
  • Acting for EE in a high-profile claim brought by Quinn Emanuel on behalf of the administrators of Phones 4U (“P4U”), the now-defunct mobile phone retailer, against a range of mobile network operators (EE, Vodafone, O2, Orange and Deutsche Telekom) for breaches of Article 101(1) TFEU/Chapter I of the Competition Act 1998 and for breach of contract.
  • Advising Glencore plc in defence of claims brought by over 400 institutional shareholders, alleging that shareholders suffered multi-billion sterling losses as a result of statements made to the investing public.

Dispute resolution > Public international law Tier 1

Fielding ‘one of the most highly regarded teams around for public international law‘, Clifford Chance LLP is particularly well known for complex investment treaty arbitrations. Recent highlights for the practice include a high-profile climate change case; advising on WTO rights, international sanctions, and customs and subsidies control issues; and assisting with sovereign immunity matters. Jessica Gladstone is a specialist in PIL claims, international trade and climate change; Rae Lindsay advises on business and human rights, as well as international organisations’ immunities; and investment treaty protection expert and former partner Audley Sheppard KC is a consultant as of May 2023. At director level, Joanne Neenan (a 2022 hire from the Foreign, Commonwealth and Development Office) advises on a range of PIL issues; and the senior associates to note are Anna Kirkpatrick, Jeremy StewartCarla LewisChristina Schuetz and Anne Collins.

Practice head(s):

Jessica Gladstone

Testimonials

‘Clifford Chance is an elite firm capable of handling the most complex of international disputes. Its litigation and arbitration teams have considerable experience of solving cutting-edge legal issues and dealing with unique situations.’

‘Jessica Gladstone is a partner who wins the trust and respect of clients.’

Audley Sheppard KC is exceptionally experienced, and has the specific knowledge to make a decisive contribution to complex disputes, especially in international arbitration.

Carla Lewis is a capable and dedicated senior associate with experience of a wide range of matters.

As good as any, and better than nearly all. Superb quality from top to bottom.

The best of the best.

Christina Shuetz is an excellent solicitor, and a deeply experienced arbitration practitioner. If clients have a complex arbitration, they want her on their team.

One of the most highly regarded teams around for public international law.

Key clients

Plan Vivo Foundation

Shell

His Majesty Juan Carlos I, King Emeritus of Spain

United Kingdom Department for International Trade

Work highlights

  • Advising the UK Department for International Trade on the drafting and implementation of its continuity free trade agreements with several non-EU countries.
  • Representing Shell in the appeals phase of a high-profile climate change case, which was brought against Shell by a number of NGOs in The Hague.
  • Acting in OECD NCP complaints on an ongoing basis, including currently assisting a client that is subject to a complaint by a group of NGOs (in connection with alleged polluting incidents).

Employment > Employee share schemes Tier 1

Praised for its ‘high quality business-focused advice’, Clifford Chance LLP's team is particularly active across high profile advisory work, such as the implementation of broad-based employee share plans across multiple jurisdictions, and corporate transactions involving remuneration issues. The group is also well placed to advise on ESG remuneration matters and technical issues raised by the switch to a more hybrid workforce. Sonia Gilbert leads the team; her broad practice includes advising on board level hires and terminations and employee retention in the context of corporate transactions. Andrew Patterson, who is praised for his ‘industry knowledge and insight’, is well versed in corporate governance and global share plans, while David Baxter frequently guides public and private companies through the design and implementation of share incentive plans.

Practice head(s):

Sonia Gilbert

Other key lawyers:

Testimonials

‘The incentives and share schemes practice are the best available. Very responsive, expert in our industry sector and pro-active in advising us.’

‘Andrew Patterson is exceptional. He is always available, advice is robust and client friendly, industry knowledge and insight is excellent.’

‘Clifford Chance provides high quality, pragmatic, business focused advice and service. They manage complexity very well and truly partner with you to find solutions’

‘In particular I would like to name Sonia Gilbert who was truly exceptional and I cannot recommend her highly enough.

Key clients

Solvay

Optiver

Permira

Diageo

Airtel Africa

Jupiter

CVC

Harbour Energy

MetLife

Wizz Air

Informa

Adecco

Allegro

Itau

easyJet

Enstar

Monzo

Work highlights

  • Advising Devro as part of its takeover by SARIA, a German food and agriculture company that is part of the family run Rethmann group.
  • Advised a major tech start-up on creating a crypto-token backed long-term incentive plan for senior employees.
  • Advised Solvay on the implementation of an all-employee share purchase plan.

Finance > Acquisition finance Tier 1

Drawing on 'huge market knowledge' and extensive international resources, Clifford Chance LLP remains a compelling proposition for creditors and debtors on big-ticket and complex leveraged and event-driven deals.  Although the firm has gained market traction among credit funds, its strong and longstanding commercial/investment bank relationships continue to inform much of the deal flow, both in the leveraged market, as well as on corporate-led M&A deals. Emma Folds is one of many experienced partners in the team who is conversant with debt structures throughout the capital structure, deploying this knowledge to good effect across a range of transactions, running the gamut from sponsor-driven leveraged deals, through to restructurings and corporate lending mandates. In addition, along with Michael Bates and Julia House, she is also well-versed at handling infrastructure finance transactions. Dual UK and Sweden-qualified partner Peter Dahlen has strong knowledge of leveraged finance transactions, utilising both bank and credit fund-sourced debt, and has a particular niche advising on Nordic deals. While lender work remains the lifeblood of the practice, under the guidance of Taner Hassan, the firm also continues to handle a considerable volume of significant private equity-led cross-border leveraged finance matters. Hassan co-heads the overarching banking and finance team alongside David Robson, whose lender-focused practice includes both leveraged and M&A financings.

Practice head(s):

David Robson; Taner Hassan

Other key lawyers:

Michael Bates; Peter Dahlen; Emma Folds; Jim MacHale; Nicholas Kinnersley; Thomas Critchley; Alexandra Dimsdale-Gill; Julia House; Richard Day

Testimonials

‘Huge market knowledge and very well set up to support banks.’

The firm provides a very slick service, everything you need is provided without having to ask for it.’

Julia House is a rising star in the infrastructure financing sector, who guided a large syndicate of banks through a very complicated infrastructure acquisition financing this year, combining expert advice, commercial pragmatism, slick delivery and good humour.’

 

Key clients

Cinven

Jaguar Land Rover

Apera Capital

Macquarie

BAML

Morgan Stanley

NatWest

EQT

Telefonica

Work highlights

  • Advised a global investment company in relation to its acquisition of Element Materials Technology Group (which generates annual revenues of c. USD 1 billion). The debt comprised a first lien TLB, acquisition and capex line and RCF; second lien debt; and holdco PIK. It included both EUR and USD currency tranches, with syndication out of London and New York.
  • Advised Cinven and True Potential Group Limited (a technology-led wealth management company) on the financing for Cinven’s acquisition of True Potential, including a £675m bridge facility, which was refinanced through the issuance of sterling and euro senior secured notes, and a £100m revolving credit facility.
  • Advised the mandated lead arrangers on the financing of Macquarie Asset Management and BCI’s investment in National Grid’s gas transmission and metering business.

Finance > Bank lending: investment grade debt and syndicated loans Tier 1

Led from London by David Robson and Taner Hassan and able to lean into the firm’s vast international resources, should the need arise, Clifford Chance LLP deploys ‘strong co-ordination skills to manage transactions’ for a compelling mix of high-profile banks and investment grade grade corporates. As well as advising on fairly commoditised investment grade syndicated lending provisions for large listed companies (where the firm is able to provide a cost-effective service by virtue of its mass ranks of associates), the firm is also highly accomplished at structuring more complex deals for cross-over credits, as well as on corporate event-driven financings. Emma Folds has excellent credibility among lenders across a range of new money and refinancing transactions, including on large-scale cross-border jumbo finance facilities. Nicholas Kinnersley has a good appreciation of finance products throughout the capital structure and is a popular choice among large multinational corporates on their financing needs, from both corporate lending and event-driven perspectives. Matt Dunn, who rejoined the firm in September 2023 from Arthur Cox, is now the key relationship partner for the Loan Market Association (LMA) following the recent retirement of Nicola Wherity.

Practice head(s):

David Robson; Taner Hassan

Other key lawyers:

Peter Dahlen; Emma Folds; Matt Dunn; Nicholas Kinnersley; Thomas Critchley; Alexandra Dimsdale-Gill

Testimonials

‘The firm has strong sector knowledge of emerging contractual approaches, and very good relationships across the finance and legal sectors with strong co-ordination skills to manage transactions over the line with the various different advisors and consultants involved.’

‘Great interpersonal skills – they have built a strong relationship with me and my team.’

‘The team are very much seen as our trusted advisors and a first port of call on any financing related issues, be that historic, current or discussing future options, especially with the ownership structure we have and the shareholder related documents and approvals that may be required.’

Key clients

Cinven

Jaguar Land Rover

Apera Capital

Macquarie

BAML

Morgan Stanley

NatWest

EQT

Telefonica

Work highlights

  • Advising the mandated lead arrangers on a €700m sustainability linked revolving credit facility for Helsinki-listed Finnish steel producer Outokumpu Oyj refinancing its existing debt facilities.
  • Advising Jaguar Land Rover on the renewal and extension of its £1.45bn revolving credit facility and a commercial loan backed by UK Export Finance to support investment plans, including ambitious electric vehicle plans.
  • Advising the mandated lead arrangers in relation to a £430m facility for UK motorway services area operator Roadchef in connection with its acquisition.

Finance > Corporate restructuring & insolvency Tier 1

Tapping into a ‘breadth of experience and market leading know how’, Clifford Chance LLP frequently has a seat at the table for key stakeholders in high-value and complex restructurings/insolvency, where it is noted for its ‘focus on providing commercial solutions’. Although the firm does handle some UK-focused mandates, its true sweet-spot lies in its ability to provide multi-disciplinary teams across offices on big-ticket international restructurings. Lender-led creditor work remains a core focus, an area that David Towers continues to excel on behalf of commercial banks and development finance institutions, as well as alternative lenders. The ‘responsive and approachable’ John MacLennan and Iain White, who ‘combines a can-do attitude with an impeccable client service’, are also well-regarded by financial institutions as creditors, although the scope of their work is much broader to also include alternative investors and debtor mandates. As well as her work on international restructurings (particularly those with a nexus to the Middle East), Melissa Coakley has also been at the forefront of a number of high-profile UK situations, including her work for embattled retailer Matalan on its high-profile recapitalisation. A ‘motivational leader‘, team head Philip Hertz ‘s ‘embrace of teamwork ensures the best solutions are devised’ for an eclectic client base that includes banks, funds and office holders.

Practice head(s):

Philip Hertz

Other key lawyers:

John MacLennan; Iain White; David Towers; Melissa Coakley; Tim Lees; Seema Shukla; Chris Norman

Testimonials

‘The team is knowledgeable and provides an excellent client service.’

‘They are made up of leading practitioners in the restructuring and insolvency market with a razor sharp focus on providing commercial solutions in a timely manner.’

Exceptional team for high-value complex UK and international restructurings.’

‘Breadth of experience and market leading know how makes them one of the top teams in London.’

‘Probably the most “can do” and innovative firm in restructuring space in UK.’

Philip Hertz is the professionals’ professional. He is a motivational leader, whose embrace of teamwork ensures the best solutions are devised.’

Iain White combines a can-do attitude with an impeccable client service.’

‘John MacLennan is responsive and approachable.’

Key clients

AerCap

Barings

BNP Paribas

Chrysoar/ Harbour Energy

Codere

Hemisphere International Properties B.V.

HSBC

Lloyds

M&G

Matalan Group

Natwest Markets/RBS

Nordic Aviation Corporation

Partners Group

Provident Financial

Work highlights

  • Advised UK retailer Matalan on its 2023 comprehensive recapitalization involving debt to equity swap, pre packaged administration, refinancing and new money injection (the highest profile UK restructuring of 2022) and in 2020 on the provision of a £50m emergency liquidity package by existing lenders and noteholders via a combination of a credit facility under the CLBILS scheme, senior notes and a scheme of arrangement of the existing second lien notes to temporarily convert cash pay interest to PIK Interest.
  • Advised the creditors’ committee on NMC Healthcare’s ground-breaking $7bn cross-border financial restructuring.
  • Advised a prominent global investment management firm in respect of the proposed restructuring of JBF RAK LLC and its subsidiaries.

Finance > Debt capital markets Tier 1

Clifford Chance LLP has 'excellent partners with depth of knowledge and experience' and clients remark that the firm has 'a strong team of associates and some very good trainees coming through'. Matthew Fairclough  is head of the firm's global financial markets practice, in which houses the debt capital markets group, and his practice typifies the partner team as it encompasses advice to issuers and underwriters on new issuance, debt programmes, convertible and exchangeable bonds, corporate hybrid capital and regulatory capital trades, and liability management. Andrew Coats specialises in advising financial institutions. Simon Sinclair assisted Hellenic Bank Public Company Limited with its €100m EMT programme. Global head of capital markets Michael Dakin has extensive experience advising private equity sponsors, and Paul Deakins assists issuers and underwriters with a broad range of deals. Deborah Zandstra, who leads the firm's sovereign debt advisory practice, is advising Sri Lanka in its bid for an Extended Fund Facility from the IMF and a restructuring of its debt. Kate Vyvyan advised the arranger and dealer on the establishment of the AXA Logistics Europe Fund €2bn EMTN programme. Clare Burgess handles  infrastructure, renewables and sustainability-related transactions including project bonds and private placements. Jill Concannon joined from White & Case LLP to add more experience in international securities offerings. US capital markets partner Johannes Juette recently moved to London from the Singapore office.

Practice head(s):

Matt Fairclough

Testimonials

‘Excellent partners with depths of knowledge and experience. You can rely on the partners to be very responsive and provide very good legal advice. They have a strong team of associates and some very good trainees coming through.’

‘High quality knowledge and experience with some notable stars such as Paul Deakins and Kate Vyvyan.

Key clients

Banco Santander

Barclays Bank PLC

The Church Commissioners for England

CIBC FirstCaribbean

Citigroup Global Markets Limited

Credit Suisse

The Democratic Socialist Republic of Sri Lanka

EDP

Export Finance Australia, Australia’s export credit agency

Hellenic Bank Public Company Limited

HM Treasury (Government and public policy)

HSBC Bank plc

IE2 Holdco

Investec plc and Investec Bank plc

Lloyds Bank Corporate Markets

The Mauritius Commercial Bank Limited

NatWest Markets Plc

Nordea Bank ABP

UBS Securities LLC

Vestas Wind Systems A/S

Viesgo Holdco

Work highlights

  • Advised Credit Suisse and CIBC FirstCaribbean  on an innovative debt conversion transaction for Barbados, which was announced by Barbados and The Nature Conservancy, who provided conservation advisory services and a secondary guarantee for the transaction.
  • Advised the Church Commissioners for England on its £550 million public bond issuance, made up of a £250 million Sustainability Bond with a 10-year maturity and a £300 million conventional bond with a 30-year maturity.
  • Advised the Arranger and Dealer in relation to the establishment of the AXA Logistics Europe Fund €2bn euro medium term note programme.

Finance > Derivatives and structured products Tier 1

Clifford Chance LLP has 'outstanding lawyers who never overpromise and underdeliver', and clients remark that 'in addition to their legal expertise, they are also quick to point out the impact that specific regulatory or legal developments may have'. The firm handles the full spectrum of instruments and asset classes, but it particularly well known for its knowledge of the synthetic securitisation market, and its understanding of regulatory matters. The 'incredibly constructive' Timothy Cleary leads the practice, which is known for 'strong market knowledge, regulatory expertise and commercial awareness'. Jessica Littlewood is a market-leading expert on synthetic CLOs. Andrew Coats handles repackaging programmes, derivatives, structured securities and retail-targeted securities offerings. Paget Dare Bryan  leads the derivatives group and is known for his knowledge of repackagings, credit and equity derivatives, total return swaps, and structured repo and securities lending. Anne Drakeford's work encompasses OTC fixed income, credit and equity based derivatives. Key partners Faizal Khan and Will Winterton frequently advise on bespoke equity-linked financing structures using derivatives, repo, securities lending and loan documentation frameworks. Up-and-coming partner Jeremy Walter is 'outstanding, a clear thinker who is able to think outside the box'.

Practice head(s):

Timothy Cleary

Other key lawyers:

Testimonials

‘Clifford Chance have outstanding lawyers who never overpromise and underdeliver. In addition to their legal expertise, they are also quick to point out the impact that specific regulatory or legal developments may have on business.’

‘In the last few years, Clifford Chance invested quite a lot in improving their project management capabilities. Their team in Newcastle has proven to be a reliable and helpful resource in complex, multi-jurisdictional projects.’

‘Our key contact at Clifford Chance has been Jeremy Walter, a partner in the derivatives practice. He is extremely knowledgeable and experienced both about financial services regulation, as well as recent market trends. He is approachable and well-connected with markets participants in the area of derivatives, which is an advantage.’

‘Michael Brown and Clemens-Emanuel Gutwenger have good analytical skills and know our industry very well. They respond quickly to our email requests and questions and are happy to go an extra mile to meet their clients’ expectations and demands.’

‘Deep knowledge and experience in securities finance.’

‘Jeremy Walter is outstanding. He’s been fundamental in helping shape our operating model. Clear thinker and able to think outside the box. Great understanding of securities finance market.’

‘Strong market knowledge, regulatory expertise and commercial awareness.’

‘Excellent commercial and legal input from Tim Cleary.’

Work highlights

  • Worked with the Society of Lloyd’s and the Prudential Regulatory Authority to add flexibility to Lloyd’s existing insurance linked securities platform through the addition of a second ILS vehicle and creation market standard template documentation with scope to accommodate various forms of investment (Notes or Preference Shares) and investment models to expand participation to a much broader range of capital markets investors.
  • Advising HQLAᵡ on their collaboration with Fnality to complete an innovative delivery-versus-payment (DvP) repo settlement proof of concept that promises to deliver efficiencies to the industry and move it closer to intraday settlement through the use of DLT.
  • Advising real estate fund groups on the creation of innovative contractual and structural frameworks allowing for the flexible and efficient FX hedging arrangements which optimise collateral requirements whilst still maintaining the segregation required between individual funds and investors.

Finance > Securitisation Tier 1

At Clifford Chance LLP 'the team is always a pleasure to work with, going above and beyond to support the client through transactions, and making themselves available at short notice'. The practice led by Maggie Zhao 'has deep knowledge and experience and is a go-to team for complex transactions requiring innovative solutions'. It is frequently called upon to handle market-first transactions across a host of asset classes, among them RMBS, covered bonds, consumer ABS, auto ABS and SME lending transactions. Head of the international structured debt group Kevin Ingram recently acted for Bank of Ireland in the £600m Temple Quay No.1 PLC, a static RMBS securitisation backed by a non-conforming portfolio of performing and reperforming mortgage loans. Key partner Christopher Walsh has  in-depth experience of structured debt transactions and capital market products. Emma Matebalavu is head of the firm's global financial markets practice and specialises in all types of mortgage finance. Simeon Radcliff stands out for multi-jurisdictional trade receivables transactions. Jessica Littlewood leads the European CLO practice, and is a key adviser to both managers and investors. Up-and-coming partners Adam Craig ( who 'has an ability to present ideas in an easily digestible way'), Will Sutton and Simi Arora-Lalani are all heavily involved in the firm's high-profile transactions.

Practice head(s):

Maggie Zhao

Testimonials

‘Quality of people and ideas.’

‘Chris Walsh and Simi Arora-Lalani are exceptional.’

‘The team is always a pleasure to work with. They go above and beyond to support you through transactions. They keep you up-to-date on billing. They make themselves available at short notice when necessary. Constructive approach to assisting you with achieving your target outcomes.’

‘Adam Craig – very good at working through complex problems with multiple parties, and at explaining potential solutions. Adam has an ability to present ideas in an easily digestible way, and therefore can get people over the line on ideas with ease. Senior associate Soojean Choi – great attitude, and approach to work. Very organised, and effective at managing complex processes involving multiple parties and many moving parts.’

‘The Clifford Chance team has deep knowledge and experience and are our go-to team for complex transactions requiring innovative solutions.’

Key clients

JP Morgan

Goldman Sachs

Morgan Stanley

Deutsche Bank

Bank of America

Barclays

Credit Suisse

Citi

Credit Agricole Corporate and Investment Bank

ING

Standard Chartered

Santander

NewDay

Shawbrook

Close Brothers

HSBC

118 118 Money

Natixis

Lloyds Bank

BNP Paribas

NatWest Markets

Cerberus

Blackstone

Elliott

Davidson Kempner

Apollo

Rothesay

Fortress

Work highlights

  • Advised B2Holding, a leading, Norwegian headquartered pan-European debt investor and servicer, in connection with the securitisation of portfolios of non-performing loans and real estate owning companies across multiple European jurisdictions including France, Italy, Greece, Cyprus, Romania, Bulgaria, Croatia, Slovenia and Serbia.
  • Advised Bank of America and Goldman Sachs in their role as Joint Arrangers, Joint Lead Managers and Risk Retention Holders on Cassia 2022-1, a €235.5 million agented CMBS issuance secured over separate portfolios of logistics properties located in Italy.
  • Advised Bank of Ireland on Temple Quay No.1 PLC, a static RMBS securitisation backed by a non-conforming portfolio of performing and reperforming mortgage loans. These loans are secured by owner occupied and buy-to-let properties located in the United Kingdom.

Finance > Transport finance and leasing Tier 1

The 'experienced, knowledgeable and commercially-oriented' team at Clifford Chance LLP has 'great knowledge across all aspects of aviation finance and leasing' , ensuring that it is well-equipped to advise the firm's eclectic client mix of lessors, banks, funds and manufacturers. Because of the firm's bench strength in London and globally, as well as its ability to leverage broader overarching capital markets, banking, tax and restructuring practice area prowess, 'there is nothing they can’t tackle', and are often first-port of call for clients seeking advice on first-of-kind and novel transactions. 'Hugely  experienced' team head Oliver Hipperson 'understands the needs of the financiers', and is regularly instructed  by funders on highly structured and tax-driven mandates, including JOLCO structures. As well as his pure asset finance prowess, which includes expertise advising on ABS transactions, Ranbir Hunjan is also regularly engaged in broader transactional work in the aviation sector, including on M&A-related leasing matters, as well as helping to establish new leasing platforms for clients. Richard Evans 'is great at explaining technical legal issues, working out an acceptable solution for both sides', ensuring that he is a popular choice for creditors and debtors across a range of financing structures, including full and limited recourse operating lease financings, and tax-driven mandates. As well as his work for lessors on recovery efforts and sanctions compliance for aircraft leased to Russian airlines, Paul Carrington also heads up the firm's rail industry group. William Glaister recently retired.

Practice head(s):

Oliver Hipperson

Other key lawyers:

Testimonials

They have a very good understanding of the JOLCO product and good knowledge of the industry and key players.’

The aviation team in London is first class – the key individuals that I work with have great knowledge across all aspects of aviation finance and leasing. 

‘It is an experienced, knowledgeable and commercially-oriented team.’

‘They have a great bench strength- large team with such huge exposure to the market that there is nothing they can’t tackle.’

Oliver Hipperson has excellent commercial understanding of how the industry works. He especially understands the needs of the financiers which makes the process working with him very efficient and he able to comment very clearly.’

‘The hugely experienced Oliver Hipperson has great technical skills that he manages to apply in a commercial approach that gets deals done.’

‘Richard Evans is great at explaining technical legal issues, working out an acceptable solution for both sides on sticky items, and always able to find out and guide on specific jurisdictional considerations.’

Key clients

Nordic Aviation Capital

Investec

SMBC Aviation Capital

Deutsche Bank

Avolon

BNP Paribas

Goshawk Aviation Limited

CDB Aviation

Sumitomo Mitsui Banking Corporation

Castlelake

Airborne Capital

Work highlights

  • Advised Nordic Aviation Capital, the world’s largest regional aircraft lessor, on the restructuring of $6.3bn of the Company’s secured and unsecured debt.
  • Advised CK Asset Holdings on the sale of AMCK Aviation’s portfolio of aircraft to an investment vehicle managed by Carlyle Aviation Partners.
  • Advised the UWC on a Balthazar-supported limited recourse financing by Natixis of 3 A220-300s to Goal/KGAL on lease to Air Baltic.

Industry focus > Emerging markets Tier 1

Clifford Chance LLP 'has no peers when it comes to the delivery of legal services', according to one client. Another describes 'an innovative team that focuses on protecting client's interest than following the norm'. The emerging markets team in London is active in deals in Africa, India, Latin America, Turkey, the CIS and the CEE region. Its expertise in in banking, project finance, commodity and trade finance, structured finance, securitisation and derivatives, and debt and equity capital markets transactions is market-leading. The lead partners are Leonard Cleland, who focuses on work in the CIS, Eastern Europe, the Middle East and Africa, and infrastructure finance partner Simon Williams. Cleland advised the lenders on a €256m dual ECA-backed financing package for the development of three new hospitals in Angola. Energy and infrastructure partners Jeremy ConnickKayode Oladipo (who is 'an exceptional lawyer whose knowledge of law and the industry is remarkable') and Olamide Oladosu are heavily involved in the Africa practice. Connick and Oladosu advised Genser Energy on a $425m financing to boost its operations in Ghana. Capital markets partner Deborah Zandstra acted for The Democratic Socialist Republic of Sri Lanka in securing an Extended Fund Facility from the IMF. Senior associate Rebecca Shepherd in the global financial markets group also stands out for emerging markets transactions.

Practice head(s):

Leonard Cleland; Simon Williams

Testimonials

‘Clifford Chance has no peers when it comes to the delivery of legal services. I have worked with several law firms on various cross-border transactions including M&A, banking and finance, capital markets, project structured finance, and no law firm has come close to delivering the exceptional and unique service we receive when we work with CC. In addition to the above, they also have the most diverse team which tells me that CC is an an equal opportunity employer.’

‘I have worked with Kayode Oladipo on several transactions and he definitely stands out. Kayode is an exceptional lawyer, his knowledge of law and the industry is remarkable. In addition, he always goes the extra mile for his clients, Kayode is always available, whether it is to brainstorm or to go over the issues or reservations that the client may have, he gives his time and expertise, while patiently walking you through the various stages of the transaction.’

‘An innovative team that focuses on protecting client’s interest than following the norm. Also very helpful in managing costs.’

‘The most notable and impressive characteristic of the team at CC is their ability to find amicable solutions for both Lenders and Borrowers. Additionally, the always deliver on time.’

‘Kayode Oladipo, is dependable, has an unparalleled understanding of the markets, and a strong ability to devise pragmatic and commercially reasoned solutions to legal issues. Kayode and his team are one that we depend on to deliver quality work and on time. Kayode’s ability to find solutions that are amicable to both lenders and borrowers on the same issue is very impressive as is his dedication to deliver work on time even on extremely short notice. Kayode is our go-to counsel for complex and time-sensitive transactions.’

Key clients

AFC

Luminar Capital

EBRD

ICBC

KBC

Africell Holding Limited

Gemcorp Capital LLP

Standard Chartered Bank

Standard Bank

Morgan Stanley

Emirates NBD Capital

Samba Capital

Mashreqbank psc

Global investment banks

Work highlights

  • Advising a bidding consortium on the Mphanda Nkuwa Hydropower Project, a 1,500MW run-of-the-river hydroelectric facility proposed to be built on the Zambezi River, in Mozambique.
  • Advising the arrangers on a dual currency USD146.5 million dual currency blue loan to Barbados (guaranteed by IDB and TNC) and on blue bonds issued to finance USD73.25 million of the blue loan.
  • Advising the lenders on a EUR256m dual ECA-backed financing package for the development of three new hospitals in Angola to bolster healthcare provision and critical infrastructure.

Industry focus > TMT Tier 1

Clifford Chance LLP caters to a broad range of clients across the TMT sector including Spotify, Huawei Technologies Co Ltd and Fujitsu. The practice incorporates expertise in M&A, tax, intellectual property and antitrust. André Duminy advises on compliance-related issues with experience in acting for start-ups. He co-heads the team with Jennifer Chimanga who specialises in M&A matters particularly in emerging markets. Simon Persoff works on issues such as outsourcing arrangements while Kate Scott and Samantha Ward handle litigation and contentious regulatory work. Zayed Al Jamil focuses on complex outsourcings, procurement agreements and data licensing.

Practice head(s):

André Duminy; Jennifer Chimanga

Testimonials

‘While we have a more regular day to day point of contact, we do also engage with representatives across a number of different departments, be it commercial agreements, employment law, intellectual property etc. Whoever we need to engage with, the reassurance, peace of mind and level of client service we receive is exceptional.’

Key clients

Africell

Allegro

Anchorage Capital Partners

Booking.com

Cellnex Telecom

Delivery Hero

Codere Group

Delivery Hero

EE

Entain plc

Fujitsu

FIS

Gamesys Group

Huawei Technologies Co Ltd

HQLAx

Informa

Inmarsat

Invictus Games Foundation

LZ Labs

MTN

NTT Communications

NBC Universal / Comcast

Nielsen Holdings plc

Octopus Energy / Kraken Technologies

Oracle Corporation

News Group

Sitecore

Spotify

Telefonica

Tencent

Work highlights

  • Advised Cellnex Telecom on the disposal of a package of approximately 1,100 sites in the UK to Wireless Infrastructure Group.
  • Acted for a global e-gaming business on strategic, policy and compliance rules on platform rules under the EU/UK platform to business regulation.
  • Advised Oracle on the worldwide filing analysis and all of the competition law and foreign direct investment (FDI) filings outside of the US in connection with its acquisition of Cerner Corp.

Insurance > Insurance: corporate and regulatory Tier 1

Clifford Chance LLP deploys ‘a knowledgeable, commercial, pragmatic and dedicated team‘ that covers the full range of life, non-life, ILS, M&A, reinsurance, and other regulatory and transactional mandates for clients. The firm leverages a similar breadth in terms of its geographical footprint, with proven capabilities in handling complex cross-border M&A and restructures. The strengths of the team have been bolstered with the promotion to partner of Imogen Ainsworth, who works across insurance, asset, and wealth management, and James Cashier, who is experienced in cross-border M&A, restructures, and regulatory matters, in May 2022 and April 2023 respectively. The ‘very technically capable and utterly client-focusedAshley Prebble heads the firm’s global insurance offering and also heads the work on financial institutions, working across the full regulatory and transactional offering of the firm. Cheng Li Yow is noted for her work in non-contentious reinsurance mandates and has a particular strength in ILS transactions and platforms where she has advised on a number of innovative mandates. Hilary Evenett lends her significant experience in insurance to the practice.

Practice head(s):

Ashley Prebble

Other key lawyers:

Testimonials

Clifford Chance’s insurance team is genuinely outstanding. Ashley Prebble leads a knowledgeable, commercial, pragmatic and dedicated team. Beyond the core insurance team, Ashley is very skilled at getting us the right people for the job, be it in the UK or beyond in Europe, Asia and the USA. I would not hesitate to use Ashley for all our big ticket work.’

Clifford Chance stands out as a foremost practice in the corporate insurance and regulatory space. Their regulatory offering is second to none, they confidently handle corporate and M&A transactions, and they are among the few teams with the experience and breath to handle Lloyd’s transactions with aplomb.’

Ashley Prebble is very technically capable and utterly client-focused. He has exemplary people skills and the ability to “read the room”, navigating negotiations and tricky interpersonal situations like few in the field. Ego is not a factor, he is willing and able to pivot to client needs and requests, but will stand firm where necessary. James Cashier is a highly skilled technical lawyer and has recently, and deservedly, been made partner. Our experience of James’ work in the Lloyd’s M&A space has been absolutely excellent.’

Both the Insurance and Regulatory Practice, as well as the wider Clifford Chance team that support us, provide real partnership. It is not just about fee earning, but also about how our teams collaborate. For example, we have worked on virtual internships with Clifford Chance as part of their overall program. They understand not only our business but also what we stand for as a company.

When you work with this team it feels like we are working together as one team. Cheng Li Yow is an excellent relationship partner and is well supported by newly made up partners such as Imogen Ainsworth and James Cashier. Clifford Chance have a diverse team in this area and have looked to solidify the practice in the U.S. with some strategic hires.

A large team with a wide skill set and significant capacity and capability. Very responsive and quick to understand the brief.

Cheng Li has a calm and attentive manner, which makes her a pleasure to work with. The team is responsive and their advice is consistently accurate.

Key clients

Admiral Group plc

Athora Group

AXA S.A.

EnStar

Fidelis Underwriting Limited

Inigo Limited

Legal & General

Lloyd’s of London

LV=

Monument Re

Pool Re

RSA

Swiss Re

The Prudential Insurance Company of America

Vesttoo

Investment fund formation and management > Fund finance Tier 1

Acting for lenders, investors and a wide variety of funds, the banking and finance team at Clifford Chance LLP is ‘available, proactive, responsive’ and has extensive experience in a diverse range of securitisations, hybrid financings and specialist financings including ESG, and sustainability linked financings. Leading the team is the well-regarded Andrew Husdan who is well-versed in advising sponsors and lenders on traditional capital call, bridge and hybrid financings, NAV lending and preferred equity structures. Richard Day specialises in leveraged buy-out financings and fund-level facilities and has dealt with subscription bridge finance, leveraged NAV facilities and hybrid financing. Noted as ‘standout,’ the highly experienced Robert Lee has recently acted on subscription lines, NAV facilities, hybrid facilities and private securitisations for funds. Associate Alex Hutcheson is well regarded by peers. Nicola Wherity is no longer at the firm.

Practice head(s):

Andrew Husdan

Other key lawyers:

Isabella Mashru; Richard Day; Robert Lee; Alexander Hutcheson

Testimonials

They have good expertise in fund financing and a good understanding of the product. They are available, proactive, responsive and understand the sense of urgency with matters.

The team is very experienced and has a commercial focus. They have good engagement with the client. Stand outs in the team include are Robert Lee and Isabella Mashru.’

Key clients

Permira

ICG

Nordea

BC Partners

NAB

Bridgepoint

State Street

Rothschild & Co

M&G

Stirling Capital

Capital Dynamics

Mercer

Investec

RBSi

UOB

Investment fund formation and management > Real estate funds Tier 1

The private funds group at Clifford Chance LLP is very active in the real estate space, acting for top domestic and international clients on all legal, tax and regulatory issues related to real estate investment funds. It is well placed to handle cross-border mandates by virtue of its large international network, and has a strong debt funds practice, which focuses on senior debt, mezzanine and other subordinated credit matters, among other areas. Gerard Saviola and Alexandra Davidson jointly head the team, with Saviola acting for institutional and boutique sponsors in Europe, Africa and developing markets. Alexander Chester advises on fund formation, secondary transactions, restructurings and co-investments, while Jonathan Bray is experienced in both closed-ended and open-ended private funds, club funds and secondaries. Lily Marcel is another key practitioner, who is recommended for real estate and sustainability-focused funds.

Practice head(s):

Gerard Saviola; Alexandra Davidson

Other key lawyers:

Testimonials

‘Gerard Saviola and his team are simply fantastic.’

‘Unique market knowledge – they see a huge amount of fund activity and give wide insight into the market and terms both for LPs and GPs.’

‘Gerard Saviola – superb market knowledge and insight.’

‘Jonathan Bray – hard-working and gets things done.’

Key clients

BentallGreenOak

Ares Management Limited

CBRE Investment Management

M&G Investment Management Limited

DRC Savills Investment Management LLP

Hillwood Investment Properties

AIG

Macquarie Asset Management

DWS

EQT Exeter

Work highlights

  • Advising BentallGreenOak on simultaneous fundraisings of all UK and EU debt mandates across their platform.
  • Advising Ares on its first European open-ended real estate debt funds.
  • Advised CBRE Investment Management with respect to the launch of its flagship EMEA logistics platform.

Private client > Contentious trusts and probate Tier 1

With Jeremy Kosky at the helm, Clifford Chance LLP ‘has an unparalleled level of experience in high value, complex and multi-jurisdictional trust disputes ranging from private client to private equity trust structures. It also has exceptional quality at all levels of seniority’. Kosky is someone who ‘wears his considerable intellect lightly but applies it in great measure to complex matters’. The practice has a vast array of experience in high-value and complex disputes involving multiple jurisdictions both onshore and offshore. In addition, it is skilled at handling many high profile and heavyweight claims relating to family trusts, inheritance battles and shareholders’ disputes involving family-owned companies. Maxine Mossman has extensive trust disputes experience both domestically and offshore. Senior associate, Nicole Buncher is regularly involved in significant disputes with particular expertise in onshore and offshore trust litigation. Laura Hasson, also a senior associate, is lauded for her work with a variety of clients including financial institutions, sovereign wealth funds, protectors and beneficiaries.

Practice head(s):

Jeremy Kosky

Other key lawyers:

Maxine Mossman; Nicole Buncher; Laura Hasson; Emily Elliot; Charles Joseph

Testimonials

‘Jeremy Kosky is a senior partner at the very top of his game in this field. He heads an exceptional team of highly talented more junior partners and senior associates.’

‘For large and complex matters they are my go-to firm and, having said that, even for smaller matters with significant sensitivities they are also at the top of the list. Having spent significant time working closely on a matter recently, the level of collaboration across a big team led by Jeremy Kosky, was exemplary.’

‘Jeremy Kosky is brilliant to work with, both individually and as an utterly professional leader of small and large teams. Clients feel comfortable in his hands and as a trustee that is of huge importance when making introductions when contentious issues arise. One of the very best.’

‘Laura Hasson is a true star of the future and is a delight to work with. She keeps long running matters moving through a combination of diligence and empathy. Maxine Mossman is an outstanding member of the team and very highly regarded across the trust industry.’

‘Unrivalled depth of experience. Jeremy Kosky is rightly market leading. Maxine Mossman is approachable, user friendly but strategically brilliant.’

‘Clifford Chance has a unique practice owing to the enormous expertise it can harness from its parallel skill in private equity and privately owned (large scale) multinational companies in the commercial and M&A sphere.’

‘Jeremy Kosky is a towering figure in private wealth litigation whose CV includes some of the most famous private cases ever fought. A dynamic team leader whose commitment to his client is fearless. Maxine Mossman is intelligent and personable. Great with clients. Emily Elliott is an impressive associate with a bright future ahead of her.’

‘Meticulous attention to detail at all levels. Tenacious litigators. Impressive judgment. Delightful to work with.’

Work highlights

  • Advising a large family of beneficiaries in Jersey court proceedings. There is significant cross border litigation and regulatory action which threatens the Trust.
  • Advising a leading global trustee client in relation to a multi-jurisdictional trust dispute involving a London based family. The assets of the trust are held in a variety of forms (e.g., liquid investments, properties, cars, offshore businesses) and in a variety of jurisdictions. The assets are worth circa $400m.
  • Advising an institutional trustee in respect of a complex structure in which the beneficiaries are in dispute. The family is split into two branches who are in conflict and cannot agree a way forward.

Projects, energy and natural resources > Infrastructure: M&A and acquisition financing Tier 1

Renewable energy and digital infrastructure mandates form the cornerstone of the practice at Clifford Chance LLP, with the firm acting for global investment managers on multi-billion dollar deals. The firm has demonstrable strength in all areas of corporate M&A and financing, including advising on innovative debt structures, counseling lenders on financing in relation to acquisitions, and guiding clients through financing the remaining stakes in brownfield infrastructure. The team regularly advises on wind development matters across the UK and Europe, as well as EV charging, telecoms, and fibre networks matters. Team head Michael Bates is particularly active on financing agreements involving fibre networks, while Charlotte Madden works closely with private equity firms and infrastructure funds on a variety of corporate deals, demonstrating significant expertise across a range of matters. Alex Dimsdale-Gil has significant experience in digital infrastructure acquisitions. Julia House  and Jonathan Dillon are both recommended.

Practice head(s):

Michael Bates; Charlotte Madden

Testimonials

‘Great and consistent team and product’

‘Investing in the relationship’

‘Michael Bates provides outstanding senior level support’

‘Julia House is an excellent, personable junior partner.’

 

Key clients

3i Infrastructure

Arcus Infrastructure

Brookfield

Caisse de dépôt et placement du Québec

EQT Infrastructure

KKR

Partners Group

OMERS

TPG Capital

Macquarie Infrastructure and Real Assets

Interogo Holdings

Infracapital

Work highlights

  • Advised a consortium of AXA IM Alts and Crédit Agricole Assurances on the acquisition of a 50% stake in the 1.3 GW Hornsea Two offshore wind farm in the UK.
  • Advised Global Infrastructure Partners on all aspects of the marketing and sale of its equity interest in the Hornsea 1 Offshore wind project in the UK
  • Advised CIC as part of a consortium led by Macquarie Asset Management which acquired a majority stake in National Grid’s gas transmission and metering business for an estimated enterprise value £9.6 billion.

Projects, energy and natural resources > Infrastructure: Project finance and development Tier 1

A ‘very strong team that covers almost any issue’, Clifford Chance LLP continues to be a dominant force in the infrastructure market, with a strong bench of advisers that have extensive experience in multi-source financings, cross-border projects, and operational and development issues on large-scale projects. The group is active on some of the largest infrastructure projects in the UK, including overseeing Network Rail’s telecommunications rollout. An impressive stream of international mandates has seen the team advise bank lenders on African projects such as major road constructions in Kenya and maritime infrastructure developments in Nigeria, while a number of financial institutions regularly turn to the firm for projects in the Middle East. Group head Michael Pearson is ‘very well positioned in the market’ and has handled a number of significant PPP projects in Europe, with mandates including transport, healthcare and military projects. Clare Burgess‘ practice is largely concentrated on project financing and portfolio financings, while Praveen Jagadish   – who was promoted to partner last year – focuses on the financing and development of greenfield projects, regularly within the renewables and nuclear energy sectors. Both Alain Dodds and Caireen McCluskey have had impressive runs supporting a broad range of the group’s matters, garnering strong experience in PPP and PFI projects. The firm hired oil & gas specialist Craig Nethercott from Latham & Watkins in autumn 2023.

Practice head(s):

Michael Pearson; Clare Burgess

Other key lawyers:

Praveen Jagadish; Alain Dodds; Caireen McCluskey; John Wilkins

Testimonials

‘Very strong team that covers almost any issue.’

‘Michael Pearson. Very well positioned in the market and open to any solution.’

‘A strong team, particular at partner level, who offer commercial but considered advice. The team provides strong deal management, pulling together challenging positions to deliver on behalf of their clients. They are readily available to support and engaging to deal with.’

‘John Wilkins is a standout partner who has excellent industry knowledge and handles complex matters with ease. He has a good handle on the wider business model and is willing to look at matters innovatively with a view to ensuring best for client outcomes.

‘Praveen Jagadish has stepped up to partnership well and takes on the role of client management effectively (supporting across the client experience, for example hosting our team days). ‘

Key clients

Network Rail

Iridium

Acciona

Greenlink Interconnector

Global Infrastructure Partners

AIP Management

Sizewell C

Work highlights

  • Acted as international legal adviser to the lender group to the Sotra Link Consortium, in relation to the design, build, financing maintenance and operation of the Rv555 Road Project, Norway.
  • Advising Network Rail on all aspects of an upgrade and futureproof of its telecom infrastructure network in conjunction with the private sector.
  • Advising on the development and financing of the new Sizewell C nuclear power station in the UK, the largest single asset infrastructure project in Europe.

Projects, energy and natural resources > Oil and gas Tier 1

Clifford Chance LLP is well known for its ‘excellent market knowledge, technical strength and sector expertise’ when it comes to oil and gas work, and is frequently instructed by oil majors, major independents and leading financial institutions on corporate, financing and dispute resolution matters. The team regularly advises sponsors and lenders on complex construction and procurement arrangements across oil and gas projects, alongside providing specialist advice on ESG issues. London-based practitioners Graham Phillips and Alex Panayides head the practice group together with Sydney’s Nadia Kalic. Phillips is the key name for M&A, joint ventures and private equity transactions in the sector, whilst Panayides chairs the firm’s global dispute resolution practice for the oil and gas, and construction sectors. Energy and resources sector head Russell Wells is praised for his ‘enormous experience and valuable insight on strategic points’; he handles high-end commercial, corporate and finance work in both the oil and gas sectors.

Practice head(s):

Graham Phillips; Alex Panayides; Nadia Kalic (Sydney)

Other key lawyers:

Testimonials

‘Clifford Chance provided M&A legal assistance on a sell side process, involving several counterparties, on a very specific business area, based on a multi jurisdiction trasaction. Clifford evidenced deep business knowledge and creativity to solve a multi unknown equation to the benefit of its client.’

‘Graham Phillips ensured constant involvement on the critical phases, always keen on credible creativity.’

‘Excellent market knowledge, technical strength and sector expertise. Deep experience at senior levels. Strong precedents and know-how support. Able to deliver the largest and most complex cross-border deals.’

‘Russell Wells has enormous experience and valuable insight on strategic points. Very user-friendly and accessible.’

Key clients

TotalEnergies

Shell

Equinor

Engie

Harbour Energy

Sinopec

Baker Hughes

SOCAR

Abu Dhabi National Oil Company (ADNOC)

Midwestern Oil & Gas Company

Gunvor

Eroton

Edison

Genser Energy

Work highlights

  • Advising Midwestern Oil & Gas Company Limited on its proposed reverse takeover with San Leon Energy plc. Midwestern’s shareholding in San Leon will be increased from 13.18% to up to 55% in accordance with the relevant share-for-share transactions.
  • Advising on the Northern Lights CCS (carbon capture and storage) project in northern Europe, including the development of the transportation and storage agreements.
  • Advised Genser Energy, a US-based integrated energy services provider operating in West Africa, in respect of its USD 425m financing which includes USD 325m syndicated senior loan facilities and a USD 100m mezzanine loan facility.

Projects, energy and natural resources > Power (including electricity, nuclear and renewables) Tier 1

The power team at Clifford Chance LLP, noted as being ‘a pleasure to work with’, has a strong reputation for its capabilities in the full scope of complex power work, at both domestic and international levels. The team has a particular presence in the African market, which is Jeremy Connick‘s area of specialism. Partners include the firm’s global head of renewables and wind power expert James Pay , alongside global co-head of power Nicholas Hughes and global head of nuclear power John Wilkins, who is described as being ‘particularly effective in the energy sector’. A key example of the nature and scale of the team’s workload is its advising AXA IM Alts and Crédit Agricole Assurances on the acquisition of a 50% stake in the 1.3 GW Hornsea Two offshore wind farm in the UK. ‘Incredible leader and lawyer’ Clare Burgess heads up the Energy & Infrastructure team in London and has a particular focus on green finance initiatives, namely being work involving green bonds, green loans and current regulatory and legislative initiatives in this area.

Practice head(s):

James Pay; Nicholas Hughes; John Wilkins

Other key lawyers:

Clare Burgess; Jeremy Connick; Leonhard Rudolph; Joseph Woodworth

Testimonials

‘There are many qualities that set the team apart from any other, being expertise – each member of the team possesses a strong foundation in their respective area of expertise; team strength – there is a strong team spirit and individuals work seamlessly together; and problem solving – they are incredibly flexible, solutions-oriented and creative.’

‘It is always a pleasure to work with the Clifford Chance team.’

‘Clare Burgess is an incredible leader and lawyer – she is extremely knowledgeable of the infra sector and in project financing. She has built a solid team and is always ready to step-in when needed, she is an excellent communicator with a great sense of humour.’

‘Leonhard Rudolph is our go-to adviser on anything construction and operations-related. He is great at thinking outside the box and able to deliver valid inputs and different points of view to optimise the project’s position.’

‘Joseph Woodworth is very experienced within the project financing area. He has been of tremendous help in our dialogue with senior creditors and really understands the borrower/lender dynamics and our needs therein.’

‘An excellent, knowledgeable team.’

‘An ability to keep calm and maintain good relationships with all involved. John Wilkins is particularly effective in the energy sector.’

Key clients

Sizewell C

Global Infrastructure Partners

Actis

Iberdrola

Whitetail Clean Energy

Greenlink Interconnector Limited

AIP Management

Parc Eolien Offshore de Provence Grand Large

Climeworks

Official Receiver of Calon Energy (Baglan Bay) Limited

Work highlights

  • Advised a consortium of AXA IM Alts and Crédit Agricole Assurances on the acquisition of a 50% stake in the 1.3GW Hornsea Two offshore wind farm in the UK, the world’s largest wind farm.
  • Advising on the development and financing of the new Sizewell C nuclear power station in the UK, the largest power project in the world.
  • Advised Global Infrastructure Partners (GIP) on the sale of its entire 50% interest in the Hornsea One offshore wind farm.

Real estate > Commercial property: corporate occupiers Tier 1

With a ‘great deal of real estate asset knowledge’, Clifford Chance LLP handles headquarter transactions for both occupiers and landlords based in the capital. The team is also reputed for its expertise in Canary Wharf headquarter projects, direct and indirect investment, joint ventures as well as urban regenerations. Head of the London real estate team, Nigel Howorth has notable strength in energy-related matters including power station developments. Adrian Levy is proficient in domestic and cross-border real estate corporate finance transactions, while Angela Kearns, Alis Pay and Mark Payne are geared to handle foreign investment mandates. Ian Painter enjoys a strong reputation in the capital’s development and healthcare markets and Matt Taylor is knowledgeable of landlord and tenant matters. Melissa Jones is entrusted by investors, occupiers and sovereign wealth funds, and Marianne Toghill heads the UK real estate construction team. Senior Associate Ben Redding joined the team in June 2022 from Slaughter and May and advises lenders on the real estate aspects of financing.

Practice head(s):

Nigel Howorth

Other key lawyers:

Angela Kearns; Alis Pay; Mark Payne; Ian Painter; Matt Taylor; Melissa Jones; Marianne Toghill; Ben Redding; James Law; Franc Peña; Rob Donell; Alice Raine

Testimonials

‘They are very responsive and turn things around quickly without compromising on quality. The corporate capability within the real estate team adds a deeper level of understanding to real estate transactions.’

‘They are the best in class, responsive and willing to go the extra mile.’

‘Ian Painter’s broad knowledge of real estate and ability to steer clients through difficult and complex issues is unrivalled.’

‘They are very proactive, and their market knowledge is second to none. They are always a pleasure to work with.’

‘They are very personable and helpful. They anticipate problems before they arise and assist with finding a practical solution.’

‘Mark Payne is excellent, he is highly professional and very clear and futuristic in his thinking and advice.’

‘Ian Painter has been very responsive and anticipates questions before they are asked. The transaction would not have run as smoothly so far if we did not have their excellent counsel. His advice is commercially aware and practical.’

Key clients

Allianz Real Estate

Angelo Gordon

Apollo Global Management

BentallGreenOak

Bike Works

Canadian Imperial Bank of Commerce

Canary Wharf Group

Clifford Chance LLP

Deloitte

Helical plc

Legal & General

Mitsubishi Estate

Mitsui Fudosan

Mubadala

Macquarie

NorthWest Healthcare REIT

Nuffield College, in the University of Oxford

Nuveen Real Estate

Sadler’s Wells

Work highlights

  • Advised on the joint venture between Castleforge and Gamuda Group on the acquisition of Deutsche Bank’s London HQ for redevelopment.
  • Advised Helical plc and Ashby Capital on the letting of several floors of the newly developed JJ Mack Building to international investment manager Partners Group, as well as several floors to private equity investor Motive Partners.
  • Advised the firm on their landmark relocation from their current tower to a building under construction in the City of London known as 2 Aldermanbury Square. 2

Real estate > Commercial property: development Tier 1

With a ‘great deal of real estate asset knowledge’, Clifford Chance LLP handles headquarter transactions for both occupiers and landlords based in the capital. The team is also reputed for its expertise in Canary Wharf headquarter projects, direct and indirect investment, joint ventures as well as urban regenerations. Head of the London real estate team, Nigel Howorth has notable strength in energy-related matters including power station developments. Adrian Levy is proficient in domestic and cross-border real estate corporate finance transactions, while Angela Kearns, Alis Pay and Mark Payne are geared to handle foreign investment mandates. Ian Painter enjoys a strong reputation in the capital’s development and healthcare markets and Matt Taylor is knowledgeable of landlord and tenant matters. Melissa Jones is entrusted by investors, occupiers and sovereign wealth funds, and Marianne Toghill heads the UK real estate construction team. Senior Associate Ben Redding joined the team in June 2022 from Slaughter and May and advises lenders on the real estate aspects of financing.

Practice head(s):

Nigel Howorth

Other key lawyers:

Angela Kearns; Alis Pay; Mark Payne; Ian Painter; Matt Taylor; Melissa Jones; Marianne Toghill; Ben Redding; James Law; Franc Peña; Rob Donell; Alice Raine

Testimonials

‘They are very experienced and offer commercial advice. We view Clifford Chance as being the “high-end” of lawyers and therefore use them on complicated corporate real estate transactions.’

‘Alis Pay’s experience and knowledge of transactions involving complex cross-border portfolios is unrivalled.’

‘The team offer a first-class service backed by the wider expertise and range of skill sets within the organisation.’

‘The individuals in the team engage with their clients with the perfect balance of professionalism, high level of knowledge, outstanding track record and a love of resolving complex deals but with the most fantastic human qualities of empathy and understanding.’

‘Ian Painter is a leader in his field. He manages to combine commercial acumen with considerable legal knowledge; his client list is formidable and demonstrates the loyalty his client base shows towards him.’

‘Alis Pay and the team at CC were excellent in their support, commercial expertise and practical advice on all matters regarding development.’

‘Depth of knowledge, market visibility and availability.’

‘Alis Pay is pre-eminent in her field and our go-to adviser for both real estate acquisitions and development financing. She is sharp, analytical, and clear.’

Key clients

AIG Global Real Estate

Aldau Development

Angelo Gordon

AshbyCapital

Battersea Power Station Development Company

BentallGreenOak

Canary Wharf Group plc

Coin Street Community Builders

Corinthia Hotels

Country Garden

Global Switch

Heimstaden

Helical plc

Hillwood

JTRE

Legal & General

MEAG

Mitsubishi Estate

Mitsui Fudosan

Native Land

NorthWest Healthcare Properties REIT

Nuveen Real Estate

Sadler’s Wells

STACK EMEA

Work highlights

  • Advising Helical plc on its public procurement process to enter into a joint venture with Transport for London (TfL) for the redevelopment of three over-station developments with Project Platinum.
  • Advising Legal & General Investment Management on its development forward-funding of United Kingdom Atomic Energy Authority’s 8,000 square metre research and development building at Culham Science Park.
  • Advising on the joint venture between Castleforge and Malaysia’s leading property developer Gamuda Group on the acquisition of Deutsche Bank’s London HQ for redevelopment.

Real estate > Construction: non-contentious Tier 1

Offering comprehensive services across major construction sectors, including energy, mining, infrastructure, and real estate, Clifford Chance LLP serves a varied clientele from developers and funders to financial investors and contractors. The firm is carving a niche for itself in emerging sectors such as green hydrogen, LNG, carbon capture, and data centres. Under the leadership of Sandy Hall, the practice excels in advising clients on complex projects across major industry sectors, placing particular emphasis on energy transition and new technology initiatives. Depth is added to the group through Marianne Toghill‘s expertise in large-scale real estate and data centre developments, and Edward Bretherton‘s proficiency in handling complex construction projects, specifically those related to energy transition. David Metzger, the former team leader, continues to contribute his expansive knowledge, especially in the fields of renewables, nuclear energy, transport, and real estate development.

Practice head(s):

Sandy Hall

Testimonials

‘The team is sophisticated and able to run with new matters with justified confidence and efficiency. They understand the specific concerns of working on construction in the UAE and are able to express their knowledge and thought leadership in a user-friendly and constructive way.’

‘Sandy Hall’s experience on construction and process technology licensing matters is excellent and has proved highly valuable in clarifying issues, determining commercially viable options and progressing difficult negotiations.’

‘Excellent market knowledge and seamless working relationships with other departments within Clifford Chance to provide comprehensive advice.’

‘Always responsive and willing to go the extra mile to support, particularly Marianne Toghill and Adam Waite.’

‘The team is dynamic and responsive and always challenging ‘the norm’. They are collaborative with clients and their teams.’

‘Marianne Toghill, in particular, is a very engaging partner and is always available to clients. Her advice is always well constructed and level-headed, and she brings an experienced calm to the table.’

‘Marianne Toghill – vast knowledge of construction law and industry knowledge.’

‘An excellent team who are very commercial and practical – down to earth and very pleasant to work with.’

Key clients

NNB Generation Company (SZC) Limited

CNIC Corporation

Siemens Energie

Volkswagen

Mitsubishi

MEAG

ADNOC

US Department of Energy

Native Land

State Oil Company of Azerbaijan Republic (SOCAR)

Battersea Project Land Company Limited

Electricite de France (EDF)

EDF Energies Nouvelles (EDF EN)

NTT

Aldau

PlatformCo Hidrogeno

8 Rivers Capital LLC

AIG

Stack Infrastructure

Work highlights

  • Advising the PlatformCo on the construction and procurement aspects of one of Europe’s largest green hydrogen projects with a fleet of first in kind integrated solar to gas H2 production plants.
  • Advising 8 Rivers LLC as developer of a Net Zero power plant in Teesside using state-of-the-art technology to generate highly-efficient, low-cost energy from natural gas and capturing exhaust CO2 for commercial purposes or sequestration.
  • Advising Native Land on the 9-building urban regeneration project at Bankside Yards, London comprising multiple high rise buildings including office and residential.

Real estate > Environment Tier 1

The team at Clifford Chance LLP is well-equipped to advise its international client base, which covers sectors including real estate, aviation and finance, on the array of regulatory environmental, health and safety, and climate change issues. Increasingly, a large portion of its workload is formed of ESG-related matters, namely advising corporations on considering and fulfilling reporting and due diligence requirements therein. Additionally, ably advises on major infrastructure and development projects, as well as on complex carbon trading work. Nigel Howorth heads up the team and has a strong reputation for his corporate and energy sector expertise. ‘Technically brilliant lawyer’ Adam Hedley, who specialises in EHS, carbon and climate change-related regulatory work, joined the team from Reed Smith LLP in December 2022. Senior associate Kirsty Souter is a noteworthy team member for her developing specialism in carbon trading and environmental reporting and disclosure matters.

Practice head(s):

Nigel Howorth

Other key lawyers:

Adam Hedley; Michael Coxall; Kirsty Souter; Anneke Theelen

Testimonials

‘Adam Hedley has always been an excellent partner to deal with. His technical knowledge, responsiveness and communications are exceptional.’

‘Adam Hedley’s availability, communication and efficiency is excellent. Beyond being a technically brilliant lawyer he is differentiated by his ability to be agile, innovative, commercial and practical in his approach to providing legal advice.’

Key clients

Official Receiver

Clayton, Dubilier & Rice LLP

Government of Sarawak

UBS

Indonesian Chamber of Commerce and Industry

easyJet

CBRE Investment Management

Aviation Working Group

City of London Corporation

Partners Group

Work highlights

  • Advising the Official Receiver of the Baglan group of companies on numerous various issues associated with the liquidation of the Baglan Bay gas turbine power station.
  • Advising a major energy company on emissions aspects in connection with a high-profile climate change action brought against the company by a number of NGO’s.
  • Advised the Sarawak Government on legislative changes to enable the ownership of, and rights to trade in, carbon stocks and carbon credits in the State of Sarawak, Malaysia.

Real estate > Property finance Tier 1

Highlighted for its ‘depth of the market knowledge, commercial acumen and wide range of experience’ Clifford Chance LLP‘s multifaceted team includes ‘very experienced lawyer’ Andrew Carnegie and practice head Barry O’Shea, ‘a firm favourite across the industry’, both of whom participate in complex cross border financings across Europe, loan portfolio sales, and restructurings. Emma Matebalavu ‘has tremendous market knowledge’ in loan origination for senior and mezzanine lenders. Laura Smallcombe and Claire Fawcett continue to be active in development finance and acquisition finance across a range of asset classes. For repo financings and CRE CLO, Will Sutton and director Dmytro Orendarets, who focuses on financings in sectors in the residential, student housing, offices and logistics sectors, are recommended.

Practice head(s):

Barry O’Shea

Testimonials

‘Great practice and European reach.’

‘Laura Smallcombe – really coming through. Smart, ambitious and technically excellent. Andrew Carnegie – one of the most experienced partners around. Good at advising on the big calls.’

‘The depth of the market knowledge, commercial acumen and wide range of experiences in the partner team make this team unique. The team has a broad network of local offices and partner firms across Europe, which is critical in getting complex pan-European deals done.’

‘Barry O’Shea has an excellent commercial outlook and advises his client taking into account risks while also viewing things through a commercial lens. He is always solution oriented and easy to work with – which both sponsors and sponsor counsel always appreciate. He is very organised and ensures his team are always leading the transaction and guiding it towards a sensible close. He is highly regarded by everyone in the market and is a firm favourite across the industry.’

‘Andrew Carnegie is a very experienced lawyer who is good at advising clients and structuring solutions. You know when you go to him, it is a one-stop shop, and he will coordinate with all teams to ensure the client has the optimum solution throughout the whole transaction. His many years of industry experience make him an asset.’

‘Laura Smallcombe is an amazing lawyer, highly attuned to her clients goals. She is super smart, with an excellent understanding of risk. She is a great problem solver and is highly organised.’

‘The team is what you would expect from a Magic Circle firm, skilled and with a solid bench of talent.’

‘Emma Matebalavu is a fantastic lawyer; she is technically proficient, dynamic and has tremendous market knowledge. She’ll be running Clifford Chance globally, soon.’

Key clients

Bank of America

Apollo

Deutsche Bank

Goldman Sachs

Morgan Stanley

Blackstone

Wells Fargo

JP Morgan

Fortress Investment Group

Davidson Kempner

Rothesay Life

Ares

Corebridge

Cale Street

PIMCO

Bentall GreenOak

Royal Bank of Canada

EQT Exeter

Work highlights

  • Advised Bank of America as the Arranger and Original Lender on a £1.2 billion Green Loan in respect of the refinancing of 22 Bishopsgate, London, a prime real estate asset in the City of London, as well as providing assistance in respect of the primary syndication of the loan.
  • Advised Rothesay Life PLC on providing a 10-year senior term loan to Lendlease for the acquisition of 21 Moorfields for £809 million. 21 Moorfields is a 568,500 sq ft premium office development in the City of London.
  • Advised Davidson Kempner on the financing of their c. €850 million acquisition of two private equity funds and their Portuguese management company (ECS), which has more than €1 billion in assets under management. The target portfolio includes multiple hotels, golf courses, land and residential properties, amongst other assets.

Risk advisory > Corporate governance Tier 1

Clifford Chance LLP acts for top domestic and international banks and corporations on the full gamut of corporate governance issues, including ESG, regulatory, compliance, risk management, strategic boardroom issues and climate change matters. The team is jointly led by David Pudge and Luke Tolaini, with Pudge handling transaction-related issues and board-level matters, and Tolaini recommended for corporate crises and investigations, with a focus on the extractive, tech, pharmaceutical and finance sectors. Steven Fox is experienced in advising boards and general counsel on compliance and governance matters, while Richard Crosby advises on directors duties’, shareholder activism, AGMs and disclosures. Rae Lindsay is another key practitioner, who focuses on disputes, ESG and issues relating to human rights and Alanna Hunter, who was promoted to partner in May 2022, is another name for corporate governance, market abuse regulation and listing rule disclosures.

Practice head(s):

David Pudge; Luke Tolaini

Other key lawyers:

Steven Fox; Alanna Hunter; Rae Lindsay; Richard Crosby; Kate Norgett; David Alfrey

Testimonials

‘Highly skilled lawyers, develop tailored strategies and offer practical, business-oriented advice.’

‘David Alfrey has a deep understanding of his respective practice area and stays updated on the latest legal developments.’

‘David Alfrey navigated us through complex legal issues effectively and provided valuable advice and contact with further partners that would help us. Communication with him is very effective, I have not lost a minute.’

Key clients

Admiral

Antofagasta

Baltic Classifieds

C&C Group

Devro

easyJet

Entain

Glencore

Halfords

Harbour Energy

HSBC

Informa

Intermediate Capital Group

Jupiter Fund Management

PensionBee

Pharos Energy

THG

Vanquis Banking Group

Wizz Air

Work highlights

  • Advised HSBC Holdings plc on a full range of corporate governance and corporate advisory issues in the last year.
  • Advising Nielsen on all of the UK aspects (including corporate governance and directors’ duties) in relation to its $16bn takeover by a private equity consortium led by Elliott Investment Management L.P., Brookfield Capital Partners LLC, GIC and The WindAcre Partnership, which was initially opposed by Nielsen’s largest shareholder.

TMT (technology, media and telecoms) > Fintech Tier 1

Clifford Chance LLP‘s far-reaching fintech practice spans advice on technology such as blockchain, artificial intelligence and insurtech, fintech litigation and M&A. The unit is also active across financial regulation, tax, IP and data privacy. Clients include financial institutions, tech-focused corporates, and fintech and insurtech disruptors.  Simon Crown, who co-leads the team, has a high level of experience relating to the impact of Brexit on payments businesses. Kate Scott completes the leadership team and is particularly strong in follow-on litigation from regulatory investigations. Monica Sah‘s wide-ranging portfolio of work extends to crypto asset regulation, while Caroline Meinertz has significant experience in the transaction services sector, and Simon Gleeson is frequently engaged by governments and regulators to help with the establishment of regulatory regimes. Diego Ballon Ossio and Laura Douglas are both well versed in financial services in the metaverse and Web3.

Practice head(s):

Simon Crown; Kate Scott

Testimonials

‘They provide timely and detailed advice on crypto related matters (including areas that are still evolving).’

‘Monica Sah and Laura Douglas  are responsive, provide answers and advice in a timely manner and address the key pain points that we flag.’

Key clients

HQLAᵡ

IRSG

Central Bank of the UAE (CBUAE)

Work highlights

  • Advising HQLAᵡ on a range of various developments, including with pilots of potential future use cases.
  • Advising the Central Bank of the UAE (CBUAE) on its Central Bank Digital Currency (CBDC) Implementation Strategy.
  • Advising a leading blockchain solutions provider on the establishment of its crypto-asset exchange.

TMT (technology, media and telecoms) > IT and telecoms Tier 1

The technology practice at Clifford Chance LLP is skilled in IT outsourcing and strategic contracting, in addition to handling investment and development work in relation to emerging technologies. In the regulatory arena, the team is currently advising leading industry players such as Comcast and Spotify on compliance with competition and antitrust matters. Co-head André Duminy focuses on commercial transactions, M&A and outsourcing arrangements, while Jennifer Chimanga acts on strategic inbound acquisitions and investments. Jonathan Kewley focuses on data, cybersecurity and AI issues, with support from Zayed Al Jamil.

Practice head(s):

Andre Duminy; Jennifer Chimanga

Other key lawyers:

Testimonials

‘The team is an extremely cohesive and well-coordinated group.’

‘The team is always available to assist, and has an in-depth knowledge of the sector. They are extremely reliable, and can offer unique solutions to difficult problems

Key clients

Africell

Allegro

Anchorage Capital Partners

Block.one

Booking.com

Cellnex Telecom

Delivery Hero

EE

FIS

Fujitsu

Home Credit Group

HQLAx

Informa

Inmarsat

LZ Labs

MTN

NTT Communications

Octopus Energy / Kraken Technologies

Royal London Asset Management

Sitecore

Spotify

State Street

Telefonica

Work highlights

  • Advising Africell on the procurement of key infrastructure and services from Nokia to support the roll-out of a nationwide mobile network in Angola.
  • Advising HQLAx on its collaboration with Fnality to complete an innovative delivery-versus-payment (DvP) repo settlement proof of concept that promises to deliver efficiencies to the industry and move it closer to intraday settlement through the use of DLT.
  • Advising FIS on its mega outsourcing transaction (initial 10-year term) with Franklin Resources, Inc (Franklin Templeton), the global transfer agent services provider.

Transport > Rail Tier 1

Paul Carrington heads the team at Clifford Chance LLP, which frequently works with rail infrastructure bodies, rail sector financiers, manufacturers and rail operators. Carrington specialises in financing, leasing and sales – he has extensive experience in structured finance and corporate restructuring work in the rail sector. The group often works with its first-rate construction and infrastructure teams on various complicated rail projects and construction agreements. It is also known for its skill at handling complex franchising matters and rolling stock procurements. Michael Pearson regularly works on a wide array of major rail projects, both in the UK and internationally. Ranbir Hunjan is another key figure who specialises in asset financing, leasing and banking in the transport sector. Senior associate Dominic Watts is an important member of the rail industry group, who works with operators, ROSCOs, manufacturers and funders on a regular basis.

Practice head(s):

Paul Carrington

Testimonials

‘Very good rail knowledge and excellent lender’s counsel practice. Clarity of summary papers sent to lenders has been first class’.

‘Ranbir Hunjan is understated but very clear in his advice. Takes control of a large room whether in-person or virtual in an authoritative way’.

‘Dominic Watts has an in-depth knowledge of the rail finance sector and is someone you want to be on your side when it comes to technical discussions‘.

Key clients

LGIM

Network Rail

Rock Rail

Aviva

Hitachi

The Royal Bank of Scotland

SMBC

ING

Lombard

EQT Infrastructure

Equitix

Akiem Group

Work highlights

  • Advised the Rock Rail and Abrdn consortium on the EUR450m financing of new Alstom rolling stock, to be leased to DB Regio and deployed on the Main-Weser rail network in Germany.
  • Engaged as international counsel to the prospective lending group to a consortium bidding for participation in the Tel Aviv Light Rail PPP in Israel.
  • Advising Network Rail on all aspects of the most significant telecommunications roll out program in the UK market.

Corporate and commercial > Corporate tax Tier 2

Clifford Chance LLP provides a full service tax offering, covering funds, finance, M&A, real estate, and contentious tax. Highly experienced team lead Chris Davies is an expert in securitisation and structured finance, and sits on a number of governmental work groups in these areas. David Harkness advises high profile domestic and international clients on a broad range of complex transactions and revolving disputes. David Saleh is the group head of real estate tax and indirect tax, while Richard Kalaher has experience in cross-border M&A and international private fund formation. Laura Underhill specialises in investment funds tax, Nicola Hemsley focuses on high profile M&A, joint ventures, and IPOs, and Jemma Dick covers a range of financing transactions.

Practice head(s):

Chris Davies

Other key lawyers:

Testimonials

‘Well rounded team, appropriate level of expertise is always available.’

‘David Saleh’s knowledge and expertise in the industry is highly commended, his attitude to problem-solving as well as his personable approach has seen him involved in very high profile tax structurings, past and present. I thoroughly enjoy working with him.’

Key clients

Nielsen Holdings plc

Stirling Square Capital Partners

Rothesay Life PLC

Northwest Healthcare Properties REIT

Prologis

CK Asset Holdings

Legal & General Investment Management

Devro plc

GLP

Sixth Cinven Fund

Permira

Aberdeen Asset Management – abrdn

Work highlights

  • Advised longstanding client Nielsen Holdings plc on its takeover by a private equity consortium led by Elliott Investment Management L.P., Brookfield Capital Partners LLC, GIC and The WindAcre Partnership.
  • Advising a leading international investment bank on all aspects of its dispute with HMRC, in relation to the VAT treatment of some intra-group service payments.
  • Advised longstanding client Cinven on the sale of group. ONE from the Sixth Cinven Fund to the Seventh Cinven Fund, in partnership with Ontario Teachers’ Pension Plan Board.

Crime, fraud and licensing > Fraud: civil Tier 2

Dispute resolution > Competition litigation Tier 2

The practice at Clifford Chance LLP handles the full gamut of cartel investigations concerning abuse of dominance issues. Rated by clients as ‘one of the leading competition solicitors in the UK‘, Elizabeth Morony heads the practice, often defending claims concerning a variety of CMA investigations. ‘Astonishing‘ senior associate Ben Jasper frequently acts in appeals against CMA decisions; while Luke Tolaini exhibits ‘impeccable judgment‘ when handling cases relating to excessive pricing within the pharmaceutical industry. Known for her broad expertise in commercial litigation, Samantha Ward represents clients in allegations of unlawful collusion.

Practice head(s):

Elizabeth Morony

Other key lawyers:

Testimonials

‘Elizabeth Morony is the founder of the practice in this area and knows more about it than almost anyone else in the sector.’

‘Luke Tolaini is a standout performer. A lawyer with impeccable judgment, and strategic, and tactical senses. He has a nose for the key strengths and weaknesses in every case.’

‘Ben Jasper has an astonishing range of output.’

‘Exceptionally user-friendly and great fun to work with expertise in all manner of competition law proceedings and juniors that punch well above their weight.’

‘Elizabeth is one of the leading competition solicitors in the UK. She is both incredibly authoritative and approachable. You would trust her with the most complex and important matters. She will give her all to clients.’

Key clients

Cinven

EE

Pfizer Inc. and Pfizer Limited

Xellia and Alpharma LLC

Work highlights

  • Representing EE in a claim brought on behalf of the administrators of Phones 4 U, the now-defunct mobile phone retailer, for breaches of competition law and for breach of contract.
  • Acting for Pfizer in relation to the CMA’s re-investigation in phenytoin, in its representation before the Court of Appeal relating to the CMA’s original decision, and in an appeal before the Supreme Court in relation to the recovery of Pfizer’s costs of its successful appeal before tribunal.

Dispute resolution > International arbitration Tier 2

Clifford Chance LLP‘s London commercial arbitration team is consistently sought out to act in high-stakes mandates. It is also well known for acting for global corporations and financial institutions in complex and large-value investment treaty arbitrations. The team includes consultant to the firm and renowned commercial arbitration and public international law specialist Audley Sheppard KCRob Lambert‘s track record includes arbitrations in Europe, Asia, the US, the Middle East, Africa and Australia; Alex Panayides routinely acts for international oil, construction and private equity companies; Marie Berard‘s workload incorporates construction, financial, energy, and oil and gas sector-related arbitrations; Sachin Trikha is particularly focused on breach of contract claims; and Jessica Gladstone‘s practice encompasses major international commercial and investment arbitrations. Director Anna Kirkpatrick, along with senior associates Christina SchuetzEraldo d’Atri and Sam Brown are also key team members.

Practice head(s):

Marie Berard

Testimonials

Clifford Chance’s international arbitration group is simply one of the best arbitration practices worldwide. I view them as the Rolls-Royce of international arbitration. They have built their outstanding practice on a number of high profile cases that they have successfully conducted. The team is highly specialised, efficient and responsive.’

‘Marie Berard combines a rare mix of intelligence, strategic thinking and interpersonal qualities. She will fight tooth and nail for her clients.’

Key clients

POSCO E&C

IPIC

Aabar

Republic of Serbia

British Caribbean Bank

Prize Holdings International

Odebrecht Latinvest

Invenergy Renewables

Work highlights

  • Successfully defended POSCO E&C against a $2.7bn ICC arbitration claim, concerning the development and construction of the Songdo smart city development in South Korea.
  • Successfully obtained an Early Determination for a major aviation leasing company, making use of the relatively new Early Determination provisions in the 2020 LCIA Arbitration Rules.
  • Representing the Republic of Serbia in an arbitration under the Canada-Serbia and Cyprus-Serbia BITs, in relation to the alleged expropriation of property rights held by a real estate development company.

Dispute resolution > Tax litigation and investigations Tier 2

Clifford Chance LLP has notable strength in international and cross border tax investigations, which draws a client list which includes a range of leading banks. The group is jointly led by Chris Davies, who was formerly the firm’s Global Head of Tax, and David Harkness, who offers over 30 years of experience in the area. David Saleh advises high profile clients on tax disputes, tax compliance, and tax controversies and also has a special focus on real estate tax.

Practice head(s):

Chris Davies; David Harkness

Other key lawyers:

Work highlights

  • Advised a leading international bank on a dispute with HMRC as to the VAT treatment of some of the bank’s intra-group service payments.
  • Advised a leading international investment bank during the early stages of a dispute with HMRC over its bank levy liability.
  • Advised a global insurer on a multi-million-pound tax liability.

Employment > Employers Tier 2

Clifford Chance LLP provides a stellar client list with ongoing employment law support, including senior staff exit negotiations, disciplinary matters, grievances and regulatory compliance. Its position as a global firm gives it the capability to advise clients on matters concerning overseas branches and subsidiaries. The employment practice is led by Alistair Woodland, a specialist in ESG investigations and grievances of a serious nature, who is also experienced in SMCR and data security work. A further key lawyer is Chinwe Odimba-Chapman, whose work includes advising on the employment aspects of M&A transactions as well as providing tribunal representation. Redundancies, restructuring and collective disputes expert Alastair Windass is another integral part of the practice.

Practice head(s):

Alistair Woodland

Testimonials

‘A very strong benefits and incentives practice. Our experience of working with the team on transactions, as well as one-off projects, has been excellent. CC’s employment and benefits/incentives practices are very closely aligned and offer a seamless service on transactions.’

‘A very strong employment practice with strength across the board. The team’s management of multi-jurisdictional transactions is second to none. What makes CC’s employment practice stand out is the strength of their senior associate offering on transactions as compared to other firms that we’ve worked with. The combination of expertise, seamless approach and sense of humour make this team one that you really want to work with on significant projects and transactions.’

‘Chinwe Odimba-Chapman is very impressive. She is in a class of her own in managing complex transactions and projects, always providing useful commercial insights.’

‘Very commercial, pragmatic, succinct.’

‘Commercial, pragmatic advice.’

Key clients

Permira

Actis LLP

CVC Advisers Limited

Ruffer LLP

Teneo Financial Advisory Limited

Informa

Work highlights

  • Acted for a leading sports and gaming betting operator to negotiate the exit/transition and employment of a number of C-Suite and below executives.
  • Supporting Actis LLP on a wide variety of employment and partnership matters (both internal and in respect of portfolio companies) across multiple jurisdictions, including their obligations under the new MIFIDPRU Remuneration Code.
  • Acting for CVC on an ongoing basis in relation to a range of employment law advice, including advice in relation to the more sensitive aspects of HR management like changes at senior management level, grievances, disciplinaries, performance issues, sickness absence management and disputes.

Employment > Pensions (non-contentious) Tier 2

Clifford Chance LLP‘s advisory practice is particularly well-equipped to assist its clients with the pensions elements of cross-border transactional cases. The practice advises trustees, employers, and lender clients on a breadth of pensions issues, including scheme valuations, buy-in and buy-out transactions, GMP equalisations, and pension scheme closures. Hywel Robinson, former chair of the Association of Pension Lawyers, leads the team, and is especially experienced in cross-border membership and asset-pooling matters. Clare Hoxey is a name to note for de-risking matters, while Sarah McAleer is a key contact for trustee advisory work. Senior associates Rebecca Trapp and Robert Klepka are also recommended.

Practice head(s):

Hywel Robinson

Testimonials

‘The team are incredibly attentive to their role in advising the trustees and spare no effort in making sure they have the guidance they need, when they need it – if not before they know they need it!’

‘The team are always thinking ahead.’

‘Clare Hoxey and Rebecca Trapp work superbly well as a team.’

Key clients

Mitchells & Butlers

Thames & Hudson

Saint-Gobain

The Co-operative Bank

Work highlights

  • Advised on the demerger of the GKN automotive business, which involves two substantial defined benefit pension schemes.
  • Advised on a number of buy-in transactions, including for The Co-operative Bank PLC on the £1.2bn all-risks insurance buy-in of its previously uninsured Co-operative Pension Scheme liabilities with Rothesay Life PLC.
  • Acted as the primary pensions advisers to a FTSE 250 company which specialises in international defence, with global operations and over 28,000 employees who participate in a number of UK (and overseas) pension schemes.

Finance > High yield Tier 2

Clifford Chance LLP intentionally focuses on high-quality and innovative transactions, rather than high-volume high yield work, and it has built up a strong track record in challenging deals, particularly those related to large M&A transactions. Practice head Michael Dakin is highly regarded for his advice to private equity sponsors, issuers and underwriters. He recently acted for NewDay Bondco Plc in a simultaneous exchange offer and offering of new notes, the tranches totalling £264m and $320m. Newly promoted partner Drew Rundus assisted OCI N.V. as guarantor of the obligations in connection with the issuance of municipal bonds, and on three tranches of new bonds with a total value of $838m. Jill Concannon, who joined from White & Case LLP in 2023, has a long track record in acting for sponsors and underwriters in international securities offerings. US securities law specialist John Connolly retired in 2023.

Practice head(s):

Michael Dakin

Other key lawyers:

Key clients

OCI N.V.

Azelis Finance NV

NewDay Bondco Plc

Citigroup Global Markets Inc

DNB Markets, Inc.

BNP Paribas Securities Corp.

BofA Securities, Inc.

Credit Agricole Securities (USA) Inc.

ING Bank N.V.

Intesa Sanpaolo S.p.A.

Natixis Securities Americas LLC

SG Americas Securities LLC

SMBC Nikko Securities America, Inc.

UniCredit Capital Markets LLC

Wells Fargo Securities, LLC

Barclays Capital Inc.

J.P. Morgan Securities LLC

Cinven

Swiss Re America Holding Corporation

Swiss Re Treasury (US) Corporation

Kane Bidco Limited

True Potential Group Limited

THG plc

Work highlights

  • Advised True Potential Group Limited and Cinven as sponsor – in connection with the issuance of senior secured notes. The bond offering consisted of (i) GBP 400.0 million 6.500% Senior Secured Notes due 2027; and (ii) EUR 360.0 million 5.000% Senior Secured Notes due 2027.
  • Advised NewDay Bondco Plc – we advised NewDay on a simultaneous Exchange Offer and offering of notes that were equivalent to the notes in the exchange. The Exchange Offer and New Cash Notes offer launched simultaneously, with the Exchange Offer being regulation S-only, and the New Cash Notes both 144A and Reg. S only.
  • Advised the group of 14 underwriters, which included Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., DNB Markets, Inc., ING Bank N.V., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC on the issuance of US$1 billion 7.5% senior notes due 2028 and US$1 billion 8.0% senior notes due 2032 by Vår Energi ASA.

Industry focus > Hospitality and leisure Tier 2

The cross-practice hospitality group at Clifford Chance LLP consists of real estate sector specialists and is particularly experienced in complex and high-end hotel transactions for a range of industry participants including luxury brand operators, investors, developers, lenders and owners. Advising both domestic clients and foreign investors with the help of its international footprint, the team has recently been involved in numerous significant refinancing and portfolio hotel transactions. The team is co-headed by Alis Pay, a commercial real estate transaction heavyweight, who has extensive expertise in assisting investors and financiers with high-value hotel assets, and counsel Sarah Thomas, who has a broad commercial real estate practice, specialising in real estate joint ventures, acquisitions, disposals and hotel operating agreements. Also of note is Andrew Carnegie, head of the real estate finance team in London and relationship manager for Wells Fargo. Ian Painter is well regarded in the London office development market and regularly works with developers, insurers, property companies and sovereign wealth funds on inbound UK investments. Global financial markets expert Barry O’Shea advises borrowers and lenders on the financing of real estate in European transactions.

Practice head(s):

Alis Pay; Sarah Thomas

Other key lawyers:

Andrew Carnegie; Ian Painter; Barry O’Shea; Laura Smallcombe; Claire Fawcett; Angela Kearns

Key clients

Apollo

Blackstone Real Estate Debt Strategies

Corinthia Hotels

Electra America Hospitality Group LLC

Entain

Fortress

Helical

Sadler’s Wells Foundation

Shangri-La Hotels & Resorts

The HongKong and Shanghai Hotels Limited

Wells Fargo

Work highlights

  • Advised BREDS and GIC, in their role as joint arrangers, on the refinancing of the Village Hotels portfolio for KSL Capital, as sponsor.
  • Advised two investment banks on the financing of the acquisition by Blackstone of Salesforce’s Irish headquarters, the Spencer Place property complex in Dublin, comprising office buildings (let to Salesforce) and a hotel.
  • Advised Wells Fargo, as arranger, on the acquisition, refinancing and potential development financing for KSL Capital Partners following its acquisition of The Pig Hotels group.

Industry focus > Life sciences and healthcare Tier 2

The ‘absolutely stellar‘ team at Clifford Chance LLP acts for a varied client list of medical device, healthcare, and biotech companies in matters concerning reimbursement, market access, and licensing. Practice co-head Stephen Reese handles both contentious and non-contentious IP issues, including the exploitation and enforcement of rights, and R&D agreements. Co-head Gareth Camp maintains a corporate focused practice, often assisting clients with public bids, joint ventures, and group restructurings. Noted by clients for his ‘formidable knowledge and skill set‘, Luke Tolaini primarily advises generics companies on excessive pricing investigations, in addition to appeals concerning CMA decisions, supported by ‘fantastic‘ senior associate Ben Jasper.

Practice head(s):

Stephen Reese; Gareth Camp

Other key lawyers:

Testimonials

‘Clifford Chance’s Healthcare & Life Science’s team is absolutely stellar. It is second to none in terms of the depth of its knowledge and has the extraordinary advantage of being able to cover absolutely every aspect of a case for its clients, no matter what the issue that arises. Clifford Chance is a one-stop-shop like no other in London; and that is invaluable.’

‘Luke Tolaini is absolutely superb. He is a delight to work with and wears his formidable knowledge and skill set lightly and with elegance. Absolutely the sort of fantastic solicitor one wants on one’s side in a dispute.’

‘Ben Jasper is wonderful. He cuts to the chase, identifies the important points, fights hard and delivers for his client. He is also a delight to work with, being collaborative, supportive, informed and available. He really is fantastic.’

‘The litigation team are very experienced in defending these types of cases and work very well with specialist advisory lawyers.’

‘Luke Tolaini is a great lawyer with a great feel for what points really matter, how things will play out, and how to deal with very demanding high stakes cases.’

‘Ben Jasper is an up and coming star of the litigation team, meticulous, can always be relied upon to have gone the extra mile, and always a complete pleasure to deal with even in the midst of very demanding stressful cases.’

Key clients

Her Majesty’s Government

Department for Business, Energy and Industrial Strategy

Cinven

Pfizer

Gilead Sciences

Informa

NorthWest Healthcare Properties REIT

Ultrahuman Healthcare Private Limited

Oracle Corporation

MedAccess

Fujifilm Kyowa Kirin Biologics

Work highlights

  • Advised Pfizer Inc. on its acquisition of ReViral Limited.
  • Advising HMG as part of its collaboration with Moderna to procure the development, manufacturing and supply of mRNA vaccines and therapeutics to the UK population for the treatment of COVID-19 and other respiratory diseases (including influenza and respiratory syncytial virus).
  • Advising Cinven on three separate high-profile appeals before the CAT against CMA Decisions for the alleged antitrust infringements of a former portfolio company active in generic pharmaceuticals, now named Advanz. The firm also advised on a fourth investigation in relation to an alleged market sharing arrangement for the supply of 50mg and 100mg nitrofurantoin capsules, which the CMA closed.

Insurance > Insurance litigation: for policyholders Tier 2

The insurance team at Clifford Chance LLP sits within the wider litigation and dispute resolution offering, and is headed by Philip Hill, an expert in complex claims for high profile clients, including issues arising from the Ukraine crisis, and Covid-19 losses. The team has experience acting for banks, major corporates, private equity firms, aircraft leasing companies, with a number of particularly complex aviation claims led by Julian Acratopulo. It has additional expertise regarding the oil, gas, energy and construction sectors, drawing on the strength of Christopher Ingham. Dorian Drew specialises in investigations and regulatory enforcement action; Kate Scott has notable experience acting for financial sector clients. The team has significant experience acting for major sporting clients regarding Covid-19 business interruption.

Practice head(s):

Philip Hill

Other key lawyers:

Dorian Drew; Kate Scott; Christopher Ingham; Baljit Rai; Julian Acratopulo; Lindsay Bickerton; Terry O’Neill

Work highlights

  • Acting for ten aircraft lessors and financiers in relation to recovering losses (c. USD 4 bn) from their Insurers resulting from the detention of aircraft in Russia in the context of Russia’s invasion of Ukraine and the implementation of sanctions.
  • Acting for a group of eight Premier League football clubs in proceedings to recover under their business interruption insurance policies for loss of ticket revenue (and other losses) they have suffered in the context of the Covid-19 pandemic.
  • Acted for in excess of 15 banking and other clients in the placement of credit insurance, including acting on novel structures and advising on capital relief, other regulatory issues and assisting with losses and restructurings.

Investment fund formation and management > Private funds Tier 2

Clifford Chance LLP acts on behalf of a range of high profile funds and boasts a large secondary transactions offering. The firm houses a specialist private equity and infrastructure funds sub-practice, and is known for its strong reputation in that space. The team is jointly led by Alexandra Davidson who specialises in advising sponsors on the establishment, structuring and offering of private funds, and Gerard Saviola, who is an expert on developing markets. Lily Marcel has deep expertise in sustainability and infrastructure funds and is also central to the team, as are the global fund structuring and private debt focused Jonathan Bray, and blind-pool funds and secondary transactions specialist Alexander Chester. Senior associate Vishal Mashru is also highly recommended, advising on a range of areas, including clean energy funds and growth capital.

Practice head(s):

Alexandra Davidson; Gerard Saviola

Testimonials

‘Alex Davidson and her team – great problem solving skills, excellent market knowledge, efficient production of clear outputs, very easy to deal with and a nice group of people.’

‘Alex Davidson always solves problems with commercial and realistic solutions. Good humoured.’

‘Broad and international reach, very good at drawing in experience from other parts of the firm. The firm’s broad practice means that they are as good as anyone at knowing current market practice, emerging trends and upcoming regulations.’

‘Alex Davidson is the outstanding individual – technically gifted lawyer, encyclopedic knowledge of the funds sector and market practice, extremely commercial, creative problem solver, hard-working. Our go to individual.’

‘Alex Davidson is a venerable leader who breeds loyalty and commitment from the top down in her team. The team can handle all manner of requests; most extensive sustainable finance funds experience.’

‘Clifford Chance are clearly one of the market leaders in the world of private funds and we feel in safe hands instructing them on any new fund launch. They project manage the whole process seamlessly from start to finish and will go the extra mile.’

‘Fantasic team chemistry – this is a team which really pulls together under challenge. Amazing market know how. Excellent negotiation skills.’

‘Lily Marcel – brilliant up-and-coming partner – a masterful negotiator and wonderful legal mind. Gerard Saviola – one of the greats in the funds landscape at the moment.’

Key clients

DWS

Generation Investment Management

Clean Energy Infrastructure IX

Climate Asset Management

Axcel

Stirling Square Capital Partners

Arcus Infrastructure Partners

Credit Suisse Asset Management

EQT AB

Octopus

Work highlights

  • Advised DWS on all aspects of its sale of its North American and European private equity businesses to Brookfield.
  • Advises Investment Management on a number of product lines across its global sustainable investment platform.
  • Continues to advise Octopus Renewables (trading as Octopus Energy Generation) in relation to energy and infrastructure products and advises Octopus Investments on their venture capital and sustainable infrastructure products.

Projects, energy and natural resources > Mining and minerals Tier 2

Clifford Chance LLP fields a strong London-based mining and metals offering, which is well-versed in advising on large-scale cross-border M&A and financing transactions across Europe, Africa, Asia and the Middle East. The group is well-supported by the regulatory, investigations and financial crime team to provide comprehensive compliance support, as well as possessing significant mining arbitration experience. As part of a global practice group, the team is jointly headed up by three practitioners; project finance partner James Pay, who is based in London, and focuses on sophisticated metals offtake, joint ventures, and logistics contracts in connection with M&A and mining finance transactions, as well as co-heads Simon Greenberg and Nicolas Cookson, based out of the Paris and Düsseldorf offices, respectively. Global co-head of international arbitration Audley Sheppard KC handles contentious matters in the space, whilst Sachin Trikha focuses on large scale international commercial arbitration matters.

Practice head(s):

James Pay; Simon Greenberg; Nicolas Cookson

Testimonials

‘Very engaged and proactive in their advice. Super professional in all their doings. Very good availability, also at senior/partner level.’

‘Informal and easy to discuss with. Accessible to challenges and engage in discussions and also have the ability to adapt their arguing as the case moves along.’

Work highlights

  • Advising Glencore plc in defence of claims brought by over 400 institutional shareholders, alleging that shareholders suffered multi-billion sterling losses as a result of statements made to the investing public.
  • Advising Eramet in connection all aspects of its joint venture development with BASF SE to develop a large scale nickel and cobalt hydrometallurgical (high pressure acid leaching (HPAL)) refining complex in Weda Bay, Indonesia.
  • Advising the Mandated Lead Arrangers in relation to the USD1.2 billion term loan refinancing for We Soda Limited, the largest natural soda ash producer in the world.

Public sector > Administrative and public law Tier 2

Clifford Chance LLP is highly sought after by major public and private sector clients to advise on public law issues in relation to corporate transactions, strategic positioning and government relations challenges. The practice handles a steady stream of large-scale judicial reviews touching upon environmental, tax, real estate and human rights issues, with practice head and director Andrew Dean highly respected for his public law and procurement expertise. Senior associate Oliver Carroll is experienced in both contentious and non-contentious mandates, and is instructed by a roster of large corporate, financial services and governmental clients. Elizabeth Morony is also a key contact, especially in the field of judicial review.

Practice head(s):

Andrew Dean

Other key lawyers:

Testimonials

‘Very strong group.’

‘Andrew Dean is a top quality operator. He brings years of advising on the Government side in to private practice and in doing so is someone you want in your corner. Great legal brain.’

‘Their support has been exceptional, adapting to the needs of a smaller charitable business, recognising the particular constraints and challenges that our business and clients face, and providing responsive service despite the pro bono nature of the support. They are exceptional teams providing excellent service.’

‘Excellent associates who are really interested in and committed to pro bono work across a range of issues. Key partners are readily available to discuss and advise too.’

‘Exceptionally good choice for commercial and regulatory judicial review work.’

‘Oliver Carrol is an up-and-coming practitioner you would entrust with the work of a solicitor with many more years experience. He is both very sparky and reliable.’

‘Andrew Dean makes this practice unique and potential clients should know that a practice spearheaded by Andrew is the go-to for any administrative and public law advice and assistance.’

‘Their strengths are their extensive knowledge and insight of the areas of law in question and their ability to turn around extensive complex work efficiently within tight client deadlines.’

Key clients

Department for Business, Energy & Industrial Strategy

UK Government Investments

NNB Generation Company

Network Rail

UK Government

The Lifescape Project

UKEF

Hertfordshire Independent Living Service

Welsh & Borders

HM Treasury

Official Receiver

UK Debt Management Office

Christie Elan-Cane

Lord Mann of Holbeck Moor; Sarah Champion MP

Work highlights

  • Advising HMG as part of its collaboration with Moderna to procure the development, manufacturing and supply of mRNA vaccines and therapeutics to the UK population for the treatment of Covid-19 and other respiratory diseases.
  • Advising HMG on the structuring of a multi-billion transaction in a highly regulated sector and as part of Liz Truss’ Energy Taskforce initiative.
  • Advising an international private investment client on the legality of policies announced by the Department for Levelling Up, Housing and Communities.

Real estate > Commercial property: investment Tier 2

With a ‘great deal of real estate asset knowledge’, Clifford Chance LLP handles headquarter transactions for both occupiers and landlords based in the capital. The team is also reputed for its expertise in Canary Wharf headquarter projects, direct and indirect investment, joint ventures as well as urban regenerations. Head of the London real estate team, Nigel Howorth has notable strength in energy-related matters including power station developments. Adrian Levy is proficient in domestic and cross-border real estate corporate finance transactions, while Angela Kearns, Alis Pay and Mark Payne are geared to handle foreign investment mandates. Ian Painter enjoys a strong reputation in the capital’s development and healthcare markets and Matt Taylor is knowledgeable of landlord and tenant matters. Melissa Jones is entrusted by investors, occupiers and sovereign wealth funds, and Marianne Toghill heads the UK real estate construction team. Senior Associate Ben Redding joined the team in June 2022 from Slaughter and May and advises lenders on the real estate aspects of financing.

Practice head(s):

Nigel Howorth

Testimonials

‘An extremely diligent team with a great deal of real estate asset knowledge when executing complex transactions. Their bottom-up knowledge really assists with smooth execution.’

‘They have total dedication to the matters they work on and make life as easy as it can be with complex, large transactions.’

‘They have strong commercial and legal expertise.’

‘The real estate team at Clifford Chance are excellent to deal with. They are always available, hard-working and provide a commercial approach.’

‘Holistically, they are a great team to work with in terms of the structuring and execution of deals. Seamless service that is second to none.’

‘The CC team is truly in the detail of the transactions. Very efficient execution and manage the process and participants with precision.’

‘Alis Pay is fantastic – a genuine trusted adviser. She is highly experienced, pragmatic, and extremely client focused.’

‘Ian Painter would be my “go-to” partner for investment deals. He has a depth of knowledge, market intelligence and is very practical/commercial.’

Key clients

AIG Global Real Estate

Allianz Real Estate

Angelo Gordon

AshbyCapital

AXA IM

BentallGreenOak

Blackstone

Canary Wharf Group plc

Caisse des Dépôts et Consignations (CDC)

CBRE Investment Management

CK Asset Holdings

GLP

Helical plc

Heimstaden Bostad AB

Hillwood Investors

KKR

Hondo Enterprises

Legal & General

Mirastar

Mitsubishi Estate London

Mitsui Fudosan

Network Rail

NorthWest Healthcare Properties REIT

NTT Global Data Centres

Nuveen Real Estate

Partners Group

Prologis

Thomson Reuters

Work highlights

  • Advising on the the joint venture between Castleforge and Gamuda Group on the acquisition of Deutsche Bank’s London HQ for redevelopment.
  • Advising Helical plc on its public procurement process to enter into a joint venture with Transport for London (TfL) for the redevelopment of three over-station developments with Project Platinum.
  • Advising Prologis on its €1.585 billion acquisition of a portfolio of 128 logistics facilities and six development sites located across seven countries in Europe from last-mile operator Crossbay.

Risk advisory > Data protection, privacy and cybersecurity Tier 2

Leveraging the firm’s broader transactional, contentious, and commercial capabilities, the data privacy and cybersecurity team at Clifford Chance LLP handles complex, cross-border work for a diverse group of clients spanning numerous sectors including financial services, consumer goods, and the automotive industry. The team is jointly headed by Jonathan Kewley and the ‘fiercely intelligentSimon Persoff. Kewley has a broad practice with particular strength in data protection work for global corporations, while Persoff handles cybersecurity and banking secrecy mandates. On the contentious side, Samantha Ward represents financial institutions and large corporates in regulatory investigations, in addition to advising on cyber incident response planning, while Kate Scott handles civil claims as well as advising on risks related to emerging tech. At the associate level, Herbert Swaniker advises on data-related advisory and transactional matters with a focus on emerging tech including AI, fintech, and data ethics.

Practice head(s):

Jonathan Kewley; Simon Persoff

Other key lawyers:

Herbert Swaniker; Kate Scott; Samantha Ward; Claudia Hall; Adam Hunter

Testimonials

‘The team has grown significantly in the last two years and is now one of the strongest on the market. They regularly act for some of the world’s largest companies, dealing with multiple complex issues.’

‘Jonathan Kewley is one of the top technology lawyers in the UK. He is widely respected and has built an impressive team in the last few years. Simon Persoff is fiercely intelligent and has an encyclopaedic knowledge of data protection law. He brings enormous drive and dedication to all his mandates. Herbert Swaniker is a rising star. Loved by clients, he combines great intelligence with equal affability.’

‘Strong collaborative team, working well together.’

‘Very strong technical abilities of course, but it’s the broad and deep experience of (in particular) Simon Persoff that has impressed me most. It means we get advice that is practical and supportive of our goals.’

‘Clifford Chance’s data protection, privacy and cybersecurity practice provides strategic advice that is informed by its experience working for clients across different industries. The commentary is informed but also pragmatic and sensible, identifying and balancing relevant considerations. It is particularly useful when working to meet statutory deadlines. Working with Clifford Chance to respond to complex UK DSARs has been a good experience – as a client you feel well supported.’

‘Partner Simon Persoff doesn’t sit on the fence – he sets out your options and identifies the option he recommends. That is what clients need in practice – clear, considered, pragmatic and expert advice. Senior Associate Claudia Hall and Associate Adam Hunter are both diligent and thoughtful, and meet deadlines (which is super important when dealing with UK GDPR matters).’

Key clients

Citi

Wells Fargo

HSBC

Standard Chartered Bank

Nedbank

PNC Bank

Permira

Partners Group

Cerberus

Blackstone

News Group Newspapers Limited

Fujitsu

Rio Tinto

Viatris

C&C Group plc

GoDaddy

PrimaryBid

LZ Labs

Specialized Bicycles

Mileway

UK Finance

TheCityUK International Regulatory Strategy Group

TechUK

Stop the Traffik

Save the Children

Zero Waste

Business and Human Rights Lawyers Association

Reprieve

Sparkle Malawi

Social Business Trust

Advocates for International Development (A4ID)

Work highlights

  • Advising HSBC on its acquisition of Silicon Valley Bank UK, on the data protection, banking secrecy, material outsourcing and transitional services aspects of the transaction.
  • Advising a U.S.-headquartered technology company on a range of global and regional data law mandates.
  • Advising a global leader in the automotive industry on a range of data protection, privacy, and technology transformation projects.

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 2

Displaying a ‘range of experience and skills’, the corporate governance practice at Clifford Chance LLP acts on behalf of global FTSE companies and financial institutions on compliance, regulatory, and risk management investigation matters. The team is regularly involved in high-profile cross-border proceedings, with particular expertise advising on corporate compliance measures associated with securities laws and ESG risks, along with human rights infringements and whistleblowing incidents. David Pudge and Luke Tolaini head the group, with the former assisting clients with corporate governance and regulatory issues, whilst the latter handles financial crime and cyber breaches. Steven Fox has 30 years’ experience of advising boards and shareholders, and Richard Crosby focuses on corporate restructurings. Rae Lindsay and Roger Lease are experts on ESG-related matters, and Ellen Lake concentrates on white-collar crime proceedings.

Practice head(s):

David Pudge; Luke Tolaini

Other key lawyers:

Steven Fox; Richard Crosby; Rae Lindsay; Roger Leese; Alanna Hunter; Kate Norgett; Ellen Lake; Eleanor Matthews

Testimonials

‘Unusual range of experience and skills in this team. They work collaboratively and at a very high standard.’

‘I think its one of the best practices in this sector in the world. I recommended them for work on two occasions very successfully. You get all the might of a major international law firm with remarkable deftness of touch in their London team.’

‘Luke Tolaini is one of the very best managers of very complicated hostile litigation in the sector and his team walk in his footsteps.’

‘Clifford Chance LLP has exceptionally strong knowledge, swift turnaround (quicker than experienced with any other law firm) and has a very professional, friendly and approachable attitude.’

‘Michael Lyons is not only extremely competent, he is also polite, funny and very reachable. He goes the extra mile, doesn’t hesitate to work around the clock to met the client’s deadline.’

 

Work highlights

  • Advised HSBC Holdings plc on a full range of corporate governance and corporate advisory issues in the last year.
  • Advising Nielsen on all of the UK aspects (including corporate governance and directors’ duties) in relation to its US$16bn takeover by a private equity consortium led by Elliott Investment Management L.P., Brookfield Capital Partners LLC, GIC and The WindAcre Partnership, which was initially opposed by Nielsen’s largest shareholder.

TMT (technology, media and telecoms) > Sport Tier 2

Clifford Chance LLP’s sports team is a go-to for a number of high-profile clients - including elite football clubs and sports investors - seeking assistance on both contentious and non-contentious matters, ranging from sensitive investigations to transactions concerning emerging technologies. Following his promotion to partner in April 2023, James Cranston continues to handle a wide-ranging workload, including NFT-based mandates, corporate disputes, and appeals against substance abuse allegations - acting for both athletes and governing bodies. Christopher Yates, head of the sports dispute team, advises on high profile arbitration, Commercial Court and Court of Appeal proceedings. Other names to note include Jamie Andew, who works with blue-chip corporate clients on sponsorships, crypto issues, financing and governance. Jeremy Kosky, Tim Lewis and Jennifer Chimanga are also recommended.

Practice head(s):

Christopher Yates

Other key lawyers:

Testimonials

‘All very impressive.’

‘They have surrounded us with specialists covering all areas of the action and keep us updated on a regular basis.’

‘Partner on the job very hands on and accessible. Explains everything in a clear and understandable way.’

‘A great team with great industry knowledge. Highly engaged and professional and made up of great individuals.’

‘They have all become natural extensions of our small and hard-working team. By doing that, they have become a multiplier to our international effect.’

‘Teamwork, professionalism and reliability truly sum up our incredible experience with Clifford Chance. At every level they understand the role of our organisation as one that focuses on sports recovery for a global community of wounded, injured and sick service personnel.’

‘An outstanding team capable of dealing with the most complex and challenging of matters.’

‘Chris Yates – superb ability in marshalling a large team.’

Key clients

Mercedes F1

Arsenal Football Club

International Paralympic Committee

E Stanley Kroenke and Kroenke Sports & Entertainment

Manchester City Football Club

City Football Group

World Rugby

Southampton Football Club

Pakistan Cricket Board

Invictus Games Foundation

Sixth Street

Real Madrid

ITV

Centre for Sport and Human Rights

Sport Resolutions anti-doping panel

Work highlights

  • Representing Manchester City Football Club in proceedings arising from a Premier League investigation into compliance with its rules.
  • Advising the IPC on a joint venture dispute in the Commercial Court.
  • Advising Manchester City on two premier league firsts in the crypto world.

Corporate and commercial > Commercial contracts Tier 3

Clifford Chance LLP continues to be a strong player in the tech advisory and M&A sphere, with a track record on asset management outsourcing and advising on the commercial aspects that underpin large, complex tower deals. Telefonica’s O2 UK mobile merger with Liberty Global’s Virgin Media, and Cellnex Telecom’s acquisition of the tower assets of CK Hutchinson are among the firm-led deals which the commercial team have been engaged with, alongside impressive standalone matters which include advising an overseas government on its long term transformational e-invoicing programme, and counselling an international bank on its outsourcing of highly regulated financial services business processes. Leading the team is André Duminy, who is a prominent name for complex technology projects and outsourcing arrangements, and has been active on telecommunication matters. IP specialist Stephen Reese is a go-to for healthcare and life sciences clients, while Zayed Al Jamil, who joined from Norton Rose Fulbright in 2022, has an established reputation advising on emerging technologies and data licensing issues. Associate Jenni Polson is particularly knowledgeable on outsourcing mandates.

Practice head(s):

André Duminy

Testimonials

‘Excellent lawyers with great industry knowledge. Well-trained and knowledgeable associates with excellent collaboration skills. Hard-working and willing to step up to get deals done.’

‘André Duminy has been great to work with. His knowledge of market standards for our industry, as well as his willingness to learn what is unique about our business, was outstanding. His team of knowledgeable, highly skilled and hard-working associates was invaluable in helping us get our transactions completed.’

‘Pragmatic, flexible, and engaging. A real can do approach.’

Key clients

FIS

Pfizer

Nielson Holdings plc

Informa plc

Telefónica

Cellnex UK Limited

Booking.com

Brookfield Infrastructure

Network Rail

Public Investment Fund

Knight Frank

Africell

Baker Hughes Energy Services, LLC

State Street Bank

Work highlights

  • Advising FIS on its mega outsourcing transaction (initial 10-year term) with Franklin Resources, Inc (Franklin Templeton), the global transfer agent services provider.
  • Advising senior leadership of a global e-gaming business on strategic, policy and compliance rules on platform rules under the EU/UK platform to business regulation.
  • Advising Pfizer Inc. in connection with the proposed demerger of Haleon plc (“Haleon”) from GSK plc (“GSK”) and Haleon’s listings of its ordinary shares on the London Stock Exchange and American depositary shares representing ordinary shares on the New York Stock Exchange.

Corporate and commercial > EU and competition: trade, WTO anti-dumping and customs Tier 3

Clifford Chance LLP offers unique insight into the public international law aspects of international trade matters, advising States and corporate on WTO rights and obligations, as well as the negotiation of FTAs. The breadth of the practice is also epitomised by its expertise in domestic law aspects of international trade regulation, where the team acts for sovereign states and corporates on all aspects of economic sanctions, export controls and investment screening. Public international law expert Jessica Gladstone is particularly active in the trade and climate space, while Michael Lyons – who heads the UK and European sanctions team – is a trusted adviser to major financial institutions and corporates. Jeremy Stewart has deep experience handling international trade issues from a government perspective, while Carla Lewis regularly advises clients on their exposure to EU and UK sanctions risk.

Practice head(s):

Jessica Gladstone

Work highlights

  • Advising the United Kingdom Department for International Trade on Public International law and policy relating to international trade.
  • Advising an Energy Company (and several other multinationals) addressing the implications and effect of sanctions imposed by the United Nations, US, EU and UK and other countries, including in relation to the Russia-Ukraine conflict.
  • Advising an international automobile manufacturer on WTO rights and obligations, along with customs and subsidies control issues arising from the EU-UK Trade and Cooperation Agreement.

Industry focus > Retail and consumer Tier 3

Clifford Chance LLP’s retail team benefits from the firm’s broader commercial and competition capabilities, advising clients on M&A, antitrust investigations, and risk management matters. Practice head David Pudge specialises in domestic and cross-border M&A, public takeovers, and corporate governance matters, acting for well-known retailers and investors into the sector. Robert Crothers advises UK-listed and international clients on equity issues and joint ventures, while Greg Olsen helms non-contentious competition work.

Practice head(s):

David Pudge

Other key lawyers:

Testimonials

‘Genuinely good people and a real pleasure to deal with, can-do attitude, understanding of our company, the transaction and what we are looking to achieve.’

‘Client service, understanding of what is important to us or should be, acting in our interests.’

‘They are very good lawyers, great industry knowledge and very dedicated to each case.’

Key clients

Amazon

Mondelez International

Devro plc

THG plc

C&C Group plc

Halfords plc

Unilever plc

The Coca-Cola Company

Delivery Hero

Waterstones

Work highlights

  • Advised Pfizer on the demerger of Haleon from GSK and Haleon’s listing of its ordinary shares on the London Stock Exchange and American depositary shares representing ordinary shares on the New York Stock Exchange.
  • Advising Philip Morris on various aspects of the international expansion of its smoke-free business and advising on the $16bn public offer to acquire Swedish Match.
  • Representing Amazon in two active European Commission investigations regarding Amazon’s marketplace, as well as other Member State investigations.

Real estate > Planning Tier 3

Clifford Chance LLP's planning team has a strong focus on complex and large-scale developments and regeneration schemes. The team is involved in large infrastructure projects and has continued to expand into the energy sector in 2022, reviewing a DCO application for a significant energy project. Practice head Nigel Howorth has a strong background in energy, as well as in major development and regeneration schemes. The group has also developed a niche expertise in construction above or adjacent to railway lines. In 2022, the team continued to expand its high-profile client roster, which includes Canary Wharf Group; senior associate Katie Kempthorne has played an active role in the team’s work for Canary Wharf Group.

Practice head(s):

Nigel Howorth

Other key lawyers:

Katie Kempthorne; Anneke Theelan; Kate Mackintosh

Testimonials

‘Brilliant commercial analysis delivered quickly and always on time. There are backup research resources if deeper and broader consultation is needed.’

‘Nigel Howorth has a huge wealth of experience allied to very sound commercial feel for any scenario presented to him.’

‘Kate Mackintosh gets to grips with the core issues and quickly and efficiently weaves everything together so that the salient themes are analysed thoroughly and explained in an easy-to-understand manner.’

‘Kate Mackintosh is very prompt in dealing with queries and issues as they arise, and has deep technical knowledge and experience in her field, which has been of great assistance to us in such a complex area. Kate is also able to communicate these esoteric topics in a client-friendly manner such that we can easily understand and make decisions.’

‘They are all very good technically and, over the years they, have acquired an intimate knowledge of our business which enables them to make informed decisions and draft and align their advice to our needs.’

‘The team is very personable and responsive. They have a very commercial and pragmatic approach to planning and development. They look to find innovative solutions to problems and think outside the box!’

‘Nigel Howorth and Katie Mackintosh are very easy to deal with and have always been very responsive. They care about the work they are doing and will go the extra mile to deal with issues. They are reliable and have a solid commercial understanding of planning and development.’

Key clients

Angelo Gordon and the Ridgeback Group

Canary Wharf Group

Helical Plc

International Airlines Group

British Airways Plc

NorthWest Healthcare Properties REIT

Legal & General

Blackstone

CBRE Global Investors

Nuveen

AIG Global Real Estate

Work highlights

  • Advising Canary Wharf on the continuing 750,000 sqm urban quarter project at Wood Wharf and on the North Quay development (a mixed-used office and residential towers scheme) on a 7.3 acre site.
  • Advising Helical plc on all planning aspects of the ongoing major redevelopment of 100 New Bridge Street, London EC4, to deliver a grade A sustainable office building.
  • Advising Canary Wharf on its landmark North Quay development to feature a mixed-used scheme on a 3.8 hectare site forming a major extension to the Canary Wharf site.

Real estate > Social housing: finance Tier 3

The social housing finance team at Clifford Chance LLP, co-led by highly experienced senior associate Angela Shepherd, specialises in advising funders and investors within the sector, counting a number of high-profile banks and security trustees among its clients. The group advises on complex transactions, including loan facilities, property charging work, private placements, synthetic securitisations, and structuring and restructuring facilities. Practice co-head Paul Deakins leads on the team’s social housing bond and capital markets transactions. The firm has developed a niche expertise regarding new entrants to the sector, advising new debt funders and equity investors.

Practice head(s):

Paul Deakins; Angela Shepherd

Other key lawyers:

Bruce Kahl

Testimonials

‘The team has the knowledge and capability to tackle the most advanced and complex issues that pertain to the social housing sector. This includes bond issues, SPV’s, and mergers.’

‘Angela Shepherd has been engaged with the sector for many, many years and has a strong reputation for delivery on schedule despite the complexity of the transaction.’

Key clients

Barclays Bank

Situs Asset Management Limited

Getin Noble Bank

European Investment Bank

M&G Trustee Company Limited

NatWest Markets

Deutsche Bank AG London

Morgan Stanley & Co International plc

Royal Bank of Canada

HSBC Bank plc

Work highlights

  • Advised the Joint Lead Managers on the issue by Places for People on £300m 2.5% Guaranteed Sustainability Notes due 2036.
  • Advised a consortium of investment banks on a high-value senior revolving development credit facility to a group of registered providers.
  • Advised Getin Noble Bank on a synthetic securitisation.

Real estate > Construction: contentious Tier 4

Clifford Chance LLP tackles large, complex, and high-value construction disputes, with expertise spanning key construction and infrastructure sectors including offshore and onshore wind, power, and oil and gas. The team is led by Alex Panayides, who brings a wealth of experience in litigation, arbitration, and ADR. Meanwhile, Sachin Trikha is a specialist in international commercial arbitration disputes in energy, infrastructure, and oil and gas sectors, with notable experience in projects across Africa, the Middle East, and Europe.

Practice head(s):

Alex Panayides; Sachin Trikha

Testimonials

‘The lawyers are exceptional in their ability to understand issues and focus on those to the benefit of their clients.’

‘Highly educated and collaborative in their approach to work.’

‘A very thorough, considered and hard-working team. Top lawyers and critical advice when required.’

‘Clifford Chance is a traditional powerhouse which has adapted to the changing times.’

Real estate > Property litigation Tier 4

Clifford Chance LLP is experienced in handling property disputes at all levels of court. Key areas of expertise for the team are contract disputes, professional negligence, covenant disputes, insolvency and property finance-related litigation. The team is led by the 'outstanding' Ben Hatton, who specialises in development issues such as rent reviews, rights of light and professional negligence. Jane O’Leary specialises in insolvency disputes for real estate clients.

Practice head(s):

Ben Hatton

Other key lawyers:

Jane O’Leary

Testimonials

‘Ben Hatton is outstanding. Not only extremely bright, but highly experienced in property litigation.’

‘The team are capable of dealing with the largest property disputes, and are particularly good at dealing with issues which cross departmental lines, where they can call on their huge resource of expertise.’

‘Ben Hatton is a friendly and enthusiastic leader of the team. Incredibly hardworking, he leaves no stone unturned in pursuit of his clients’ interests.’

Key clients

Bank of America

Canary Wharf Group plc

(Official Receiver of) British Steel

(Official Receiver of) Cardwool Limited

American International Group

Angelo Gordon

Asphaltic Land Limited

Colony Capital

Elliott Management Corporation

Flatfair Limited

General Electric International

GIC Private Limited

Goldman Sachs

Heimstaden Bostad AB

Hemisphere

Hondo Enterprises

Horizon Nuclear Power Wylfa Limited

King Abdallah District Management & Development Company

Mitsubishi Estate London Limited

Native Land

Network Rail Infrastructure Limited

Nuveen Real Estate

Wells Fargo Bank

Zetland Capital Investors LLP

Work highlights

  • Acting for Horizon Nuclear Power (a subsidiary of Hitachi Ltd), a UK energy company developing a new generation of nuclear power stations.
  • Acted for Mitsubishi Estate London Limited in relation to its redevelopment of Warwick Court in the heart of London in order to commence the redevelopment by obtaining vacant possession of the premises, which constituted several floors of office space, a gym, and two restaurants.
  • Advising longstanding client Canary Wharf Group plc on the development of the Canary Wharf Estate and issues arising with its tenants.

TMT (technology, media and telecoms) > Intellectual property: trade marks, copyright and design Tier 4

Clifford Chance LLP’s diverse IP practice advises on a full suite of IP matters, from disputes to day-to-day support work. The practice is especially strong when acting for clients in the healthcare, life sciences, TMT and consumer goods sectors. The team is led by Stephen Reese, whose broad range of capabilities include advising clients on the protection, exploitation and enforcement of IP rights, as well as strengths in contentious matters, while Vanessa Marsland has notable expertise in handling brands, being particularly active in the technology, media and consumer goods. Don McCombie joined from Ashurst in June 2022, bolstering the practice with his experience in disputes relating to IP and technology.

Practice head(s):

Stephen Reese

Other key lawyers:

Testimonials

‘Don McCombie brings an in-depth understanding of IP disputes, which is borne of an obvious personal interest in the subject matter and also, a true combination of expertise in contentious and non-contentious IP.’

‘A highly professional and engaged team of high quality individuals.’

‘Team, passion, professionalism, reliability and service truly sum up our incredible experience with Clifford Chance.’

‘The reassurance, peace of mind and level of client service we receive is exceptional.’

‘Their support in this area has been vital to our business and hugely appreciated.’

‘We have had to work with a number of individuals on various IP matters throughout the year and have always been impressed with how they have supported us with such challenging tasks.’

‘They are always on hand to support with our requests and queries, turning work around at an impressively quick rate.’

‘These individuals are also proactive in bringing matters to our attention that we may have otherwise been unaware of. This ability to be so solution focused helps us to operate successfully and mitigate and manage risks.’

Key clients

Cyprus Government and the Foundation for the Protection of the Traditional Cheese of Cyprus Named Halloumi

Avilease

Permira

Goldman Sachs

Skoda

ORBIS

Melrose

Invictus Games Foundation

Ultrahuman Healthcare Private Limited

LZ Labs

Mondelez

BlackRock

Pfizer

Informa

UK Government

Kuwait Food Company

Huawei Technologies

arbdn

WSH Services Holding Limited

Infracapital Greenfield Partners II

Fujitsu Services

Baker Hughes

Public Investment Fund

Work highlights

  • Advised Cyprus Government and the Foundation for the Protection of the Traditional Cheese of Cyprus Named Halloumi on protecting and enforcing rights in certification and collective trade marks against third parties applying for trade mark protection for, or using, the mark HALLOUMI (or confusingly similar marks).
  • Instructing LzLabs in a challenge to IBM’s long established mainframe market.
  • Acting for the Invictus Games Foundation (“IGF”) in relation to a range of commercial and intellectual property law matters, including assisting IGF with exploiting its brand through the various iterations of the Games and other licensing arrangements.

TMT (technology, media and telecoms) > Intellectual property: patents (contentious and non-contentious) Tier 5

Clifford Chance LLP’s broad offering encompasses an array of advisory, disputes and transactional work. Stephen Reese helms the ‘excellent and engaging’ practice with considerable experience advising clients on both contentious and non-contentious aspects as well as being particularly active in the healthcare and life sciences sectors, while Vanessa Marsland is well-versed in handling brand-related patent work. Don McCombie joined in June 2022 from Ashurst, bolstering the practice with expertise in handling IP disputes and transactions.

Practice head(s):

Stephen Reese

Other key lawyers:

Testimonials

‘An excellent and engaging team of great individuals who deliver a highly friendly and professional service.’

‘Professionalism and reliability truly sum up our incredible experience with Clifford Chance.’

‘Whoever we need to engage with, the reassurance, peace of mind and level of client service we receive is exceptional. The various areas of expertise within Clifford Chance always work well together to support us as a client and understand our needs, perspective and queries really well.’

‘These individuals are proactive in bringing matters to our attention that we may have otherwise been unaware of. This ability to be so solution focused helps us to operate successfully and mitigate and manage risks.’

Key clients

Cyprus Government and the Foundation for the Protection of the Traditional Cheese of Cyprus Named Halloumi

Avilease

Permira

Goldman Sachs

Skoda

ORBIS

Melrose

Invictus Games Foundation

Ultrahuman Healthcare Private Limited

LZ Labs

Mondelez

BlackRock

Pfizer

Informa

UK Government

Kuwait Food Company

Huawei Technologies

arbdn

WSH Services Holding Limited

Infracapital Greenfield Partners II

Fujitsu Services

Baker Hughes

Public Investment Fund

Work highlights

  • Advised Vectura Group plc on the public takeover by Philip Morris SA of Vectura Group plc. The firm’s IP group were involved in the workaround reviewing Vectura’s complex set of patent assets and patent licensing arrangements concerning its products.
  • Retained to advise a software development company on the enforcement of their patents filed with respect to digital encryption technologies.
  • Advised a pharmaceutical client on the patent aspects of innovative artificial technologies being used in the field of drug discovery and drug development activities.

Angola > Foreign firms Tier 1

Clifford Chance LLP is adept at handling both inbound and outbound transactions across the oil and gas, construction, and transport sectors, with a clientele spanning financial institutions, telecom, and mining companies. Leonard Cleland excels at commodities, while Kayode Oladipo’s expertise lies in cross-border loan financing for infrastructure project development. The pair lead the Angola practice from London, ‘providing high-quality legal services’.

Practice head(s):

Leonard Cleland; Kayode Oladipo

Other key lawyers:

Filippo Tassoni

Testimonials

‘A very strong team, especially in anything that relates to sovereign credit and project financing.’

‘Leonard Clealand is in a league of his own with respect to Angola and sovereign financing. His knowledge is unmatched, which allows clients (especially lenders) to make commercial decisions based on sound legal backing.’

‘Leonard Cleland and Kayode Oladipo have been advising clients on cross-border transactions in Angola on a regular basis, they are familiar with local laws and practices and have been providing high-quality legal services.’

‘Simply top notch.’

‘Clifford Chance’s team, and in particular Kayode Oladipo, offer a one-of-a-kind approach, and are pragmatic and efficient while dealing with certain jurisdictions where there is more than black and white to the law.’

‘Kayode Oladipo is a practical, hands-on, pragmatic lawyer who reaches the goals defined by the clients. Leonard Cleland, in addition to being a very experienced lawyer in financing transactions, also has a very pragmatic and problem-solving approach to any issues.’

‘This practice is unique due to the highly qualified knowledge and expertise of its lawyers, and their high responsiveness.’

‘The individuals we have worked with have excellent attention to detail and great turnaround time. Filippo Tassoni stands out also.’

Key clients

GE Capital EFS Financing Inc.

Credit Suisse AG, London Branch

HSBC

Africell Holding Ltd

Deutsche Bank

SACE

Investec

V3cuango Hidroenergia, (Su), Lda.

Çalik Enerji

Standard Chartered Bank

Work highlights

  • Advised Deutsche Bank S.p.A. and SACE S.p.A in connection with an ECA-covered USD 62 million individual loan agreement for financing the largest food production plant in Sub-Saharan Africa, in Angola.
  • Advised UniCredit and Investec in relation to the financing of three key regional hospitals for the Republic of Angola.
  • Assisted Standard Chartered Bank in relation to four commercial contracts for the construction of four new Provincial Hospitals in Angola.

Ghana > Foreign firms Tier 1

Under the leadership of Olamide Oladosu and Kayode Oladipo, the excellent team at Clifford Chance LLP has many years of experience of working in Ghana. The group continues to advise international and local corporates, as well as financial institutions, on a broad range of transactions. Oladosu has an established track record in advising on landmark transactions in Africa, with a particular focus on handling LNG projects in the region, and is equally strong at handling corporate, commercial and financial matters for clients in the power and oil and gas sectors. Oladipo has extensive expertise in handling emerging markets cross-border loan financing matters. The client base includes construction companies, private equity funds, commercial and development banks, and energy sector entities.

Practice head(s):

Olamide Oladosu; Kayode Oladipo

Key clients

Genser Energy

The Mauritius Commercial Bank Limited

ECOWAS Bank for Investment and Development (EBID)

DBSA

Africa Finance Corporation (AFC)

Deutsche Bank AG

UK Export Finance (UKEF)

Actis GP LLP

Mainstream Renewable Power

Proparco

International Finance Corporation (IFC)

Work highlights

  • Acted for Deutsche Bank and UK Export Finance (UKEF) on the UKEF-supported financing to the Ministry of Finance of Ghana for a water infrastructure project in Tamale.
  • Advised Actis and Mainstream on the sale of Lekela Power to a joint venture company.
  • Advised Proparco and the International Finance Corporation on financing the upgrade and expansion of medical diagnostic services of members of Cerba Lancet Africa S.A.S..

Mozambique > Foreign law firms Tier 1

Clifford Chance LLP primarily handles inbound transactions for a diverse client base, including commercial and development banks, private equity funds, and public institutions, as well as industrial conglomerates, energy and oil and gas companies, and construction firms. Leading the Mozambique practice are Gibbs Johnson, a Dubai-based consultant, and Russell Wells, located in London. Johnson is an expert in energy and infrastructure project finance, particularly in Mozambique’s electricity sector, while Wells spearheads the firm’s global energy and resources sector group, bringing extensive experience in commercial, corporate, and finance matters within the oil and gas and power industries. Delphine Siino Courtin, stationed in Paris, is an expert in renewable energy and infrastructure, and is adept at representing lenders in Mozambican solar projects.

Practice head(s):

Gibbs Johnson; Russell Wells

Other key lawyers:

Testimonials

‘This is a star energy and infrastructure team.’

‘They work well as a team.’

Key clients

DFC

Agence Française de Développement

EDF

TotalEnergies

International Finance Corporation (IFC)

Central Termica de Temane

Azura Power

Work highlights

  • Advising AFD – Agence Française de Développement as partial risk guarantor on its first political risk guarantees in respect of a solar project in Mozambique.
  • Advising US-DFC in connection with a solar power project in the Niassa province of Mozambique.
  • Advised a bidding consortium on the Mphanda Nkuwa hydropower project, a 1,500 MW run-of-the-river hydroelectric facility proposed to be built on the Zambezi River.

Singapore > Asset finance: foreign firms

Poland > Dispute resolution

The ‘great litigation team’ at Clifford Chance boasts a broad offering, encompassing representation in arbitration proceedings, commercial litigation before state courts, and support with public procurement cases. The group also handles construction, healthcare, and insurance disputes, as well as class actions, and it noted a recent rise in post-M&A and shareholder disputes. Its client bases includes private equity houses, financial institutions, and corporations. Bartosz Krużewski sits at the helm of the practice with expertise in both domestic and international litigation. Marcin Ciemiński is a name of note for regulatory mandates, while ‘outstanding advisor’ Adelina Prokop specialises in investment arbitration proceedings. Counsel Michał Drwal is another key member of the team.

Practice head(s):

Bartosz Krużewski

Other key lawyers:

Marcin Ciemiński; Adelina Prokop; Michał Drwal; Robert Moj; Monika Diehl; Michał Magdziak; Łukasz Piergies

Testimonials

‘Clifford Chance’s dispute resolution practice is a team of very professional, supportive and responsive lawyers that provide the client with good quality work and are capable of working under pressure to deliver.’

‘We work a lot with Łukasz Piergies, who demonstrates a high level of engagement, responsiveness and professionalism. He is a young and very enthusiastic lawyer, but pragmatic and knowledgeable, with a user-friendly way of communication.

‘The cooperation with the team is smooth, quick and very professional.’

‘Great litigation team, with an understanding of client needs and strategy formulation.’

‘Adelina Prokop is an outstanding advisor.’

‘The Clifford Chance Poland team has been incredibly dedicated and helpful in our cooperation and the value they brought to the table has done full justice to the formidable reputation of this world-class law firm. In our interactions, they showed nothing but respect and a genuine openness to collaboration and achieving results in the best interests of the client with a full understanding of their objectives and circumstances.’

‘I would point out our work with Monika Diehl, who has demonstrated a fantastic sense for fruitful cooperation with us, a keen sense for the client’s needs and objectives and a thorough experience of related matters. It was a true pleasure to work with her.’

‘Marcin Ciemiński and Łukasz Piergies are unique in Poland, characterised by outstanding competences and deep knowledge of the law, especially its practical application in resolving court disputes.’

Key clients

Gülermak

Gemini Polska

Huawei

General Electric

Bank BPH S.A.

Raiffeisen Bank International AG

Abener Energia S.A

HSBC Bank plc

Royal Unibrew A/S

Rexnord GmbH

Abris Capital Partners

Emitel S.A.

Dragados S.A.

VIAS y Construcciones

Polaqua

Dragados

Electren

Karmar S.A.

Allegro

Mostostal Zabrze SA

Discovery, Inc

Work highlights

  • Representing Mostostal Zabrze SA in an arbitration with Wood Environment & Infrastructure Solutions concerning the construction of the AEGIS Ashore system base in Redzikowo.
  • Representing Bank BPH in proceedings before the CJEU relating to a preliminary ruling referred by a Polish court concerning consumer mortgage loans indexed to CHF.
  • Representing Raiffeisen in proceedings before the Polish Financial Supervision Authority and the administrative courts concerning the penalties of PLN55m imposed in mid-September 2018 on the client in its capacity as the depositary of four closed-end investment funds.

Poland > Restructuring and insolvency

United Arab Emirates > Commercial, corporate and M&A

Clifford Chance has an impressive track record in big-ticket transactions in the region, often working with leading Middle Eastern investors and corporates in deals involving asset managers and private equity players. Healthcare, energy and infrastructure are just a few of the sectors the team has been active in, with the group frequently working with the firm's banking and finance, real estate, and funds teams on the region's most complex deals. Mohammed Al-Shukairy has handled major M&A deals for financial services and energy clients and Mike Taylor is a key point of contact for equity investments and joint ventures. Jason Mendens has expertise in capital raisings and structured finance transactions and Daud Khan has handled several recent healthcare and infrastructure deals. Deniz Tas is also noted and senior associate Rizwan Butt has shown notable activity across a broad range of matters. Daniel Boyle left the firm.

Practice head(s):

Mohammed Al Shukairy

Other key lawyers:

Testimonials

‘Very strong team led by example from the top.’

‘Deniz Tas and Tom Lloyd are the dream team!’

Key clients

Abu Dhabi National Energy Company PJSC (TAQA)

ADCB

Actis

Al Rajhi Bank

Aldar Properties

DP World

Globeleq

Hassana Investment Company

Nakheel

Saudi Aramco

Damas Jewellery LLC

HSBC Group

M42

Dubai World

Al Yah Satellite Communications Company PJSC (“Yahsat”)

Abu Dhabi Future Energy Company (Masdar)

Work highlights

  • Advised Abu Dhabi National Energy Company (TAQA) in connection with its landmark transaction with Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) pursuant to which TAQA and ADNOC acquired stakes in Masdar from Mubadala.
  • Advised DP World on the c. US$2.4 billion (SAR9.0 billion) investment in three of its flagship UAE assets (the Jebel Ali Port, Jebel Ali Free Zone and National Industries Park) by Saudi Arabia-based Hassana Investment Company.
  • Advising M42 on its acquisition of the entire share capital of Diaverum AB.

South Korea > International arbitration

Continuing to advise from its Hong Kong office, the team at Clifford Chance handles a wide range of multi-jurisdictional arbitrations relating to Korea, particularly in the oil and gas, and construction industries. Thomas Walsh in Singapore leads the Korean disputes practice, with expertise in post M&A, private equity and tech-related disputes. Paul Sandosham - managing partner of the firm's Singapore venture Cavenagh Law - specialises in energy, infrastructure and resources disputes for South East Asia, and Sachin Trikha, advising from the London office, is also recommended.

Practice head(s):

Thomas Walsh

 

Other key lawyers:

Work highlights

  • Advised POSCO E&C in an ICC arbitration concerning a USD 2.7 billion dispute arising out of the construction and development of a new “smart” city near Incheon, Korea.
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The Legal 500 Future Lawyers Verdict

Clifford Chance is ‘always the first to make real change in the legal industry, from social mobility and diversity to legal technology’ and offers ‘fantastic international opportunities’. No surprise then that the Magic Circle firm is a Future Lawyers Winner for legal tech and international secondments. Trainees rave about ‘the culture - despite being prestigious, Clifford Chance seemed more down-to-earth than other firms when I was deciding where to apply’ and ‘the people; most are genuinely lovely. They’re an incredibly bright bunch of people with interesting backgrounds and life perspectives’. A few respondents mentioned SPARK and ACCESS, the firm’s first-year student and A-Level schemes respectively, which ‘really sold the firm’ and engendered ‘brand loyalty’ in applicants from an early stage. A Clifford Chance training contract is a well-rounded one, thanks to a breadth of practice areas, and the opportunity to ‘work on significant cross-border transactions that are newsworthy’ keeps trainees engaged. Recruits find the ‘unpredictability of the hours’ to be the worst thing about the firm: ‘there is often a lack of communication as to if and when work will come in (e.g. in the evenings) so it is difficult to plan your life around work’. A related worst moment was ‘two weeks of non-stop long nights and lack of sleep’. There are also ‘problems with retaining good NQs and beyond, due to the pay not being as competitive as at US firms at that level’. Things that made trainees happy were ‘helping to close a deal relating to green energy’, and ‘working on an M&A deal and then having a specific seat being created for me’. To work in a prestigious yet diverse firm, which is ‘continuously seeking improvement across every department’, consider Clifford Chance.