Firm Profile > Allen & Overy LLP > London, England

Allen & Overy LLP
ONE BISHOPS SQUARE
LONDON
E1 6AD
England

Living Wage

Acquisition finance Tier 1

Instructed by a balanced roster of lenders and borrowers on deals which traverse both capital structure and geographies, Allen & Overy LLP has 'superb visibility in the market'. With some 31 partners focused on transactional banking work in London, the firm has the critical mass to handle a tremendous volume and variety of deals, and is as comfortable handling sponsor-led leveraged finance mandates as it is advising on corporate-led event-driven acquisitions. Recent highlights include Jonathan Brownson's and Matt Moore's work (alongside a team of high yield experts) for the lead arrangers on the bank and bond financing in support of the bid for TDC, a publicly listed Danish telecommunications company, by a consortium of investors led by Macquarie Infrastructure and Real Assets. On the borrower side, Robin Harvey has an excellent reputation among private equity sponsors and he recently advised PAI Partners on the debt financing aspects of the leveraged buyout from First Reserve of M Group Services. Co-head of the firm's global banking practice, the 'excellentPhilip Bowden, has very strong ties with core lender clients and he regularly represents on financing packages to facilitate both leveraged and investment grade acquisition financing. The 'very capableDenise Gibson is noted for her work on behalf of traditional banks, as well as credit funds/alternative lenders.

Key clients

Hg Capital

Exponent Private Equity

PAI Partners

CVC Capital Partners

H.I.G. Capital

Advent

Waterland

OMERS Private Equity

AIMCo

Bank lending: investment grade debt and syndicated loans Tier 1

Leveraging the firm's deeply entrenched commercial and investment bank relationships, and also able to effectively resource multi-jurisdictional deals by virtue of its huge international network of offices, Allen & Overy LLP remains a market leader for syndicated deals throughout EMEA. Although it is better known for advising on the lender side, the team also regularly handles corporate lending work for numerous large public companies, providing the firm with an excellent perspective of market terms from both sides and across the full spectrum of the capital structure. Melissa Samuel  has an excellent reputation for lenders and borrowers across a range of corporate lending, structured finance and acquisition finance. She has experience advising on 'super jumbo' deals, including her work for the lead arrangers and underwriters on a $775m two stage syndicated financing facility and a $230m bridge to equity issuance facility in support of Elementis plc’s acquisition of Mondo Minerals. David Campbell's broad-ranging banking prowess regularly includes big-ticket cross-border syndicated loan facilities, and he recently advised the arrangers to Renewi plc on an amendment and extension to its main banking facility, converting it to a €550m Green Loan Facility. Global head of corporate lending Trevor Borthwick and co-head of global banking Simon Roberts are also recommended, with the latter recently advising a  global financial institution in relation to the amendment and restatement of Rio Tinto’s $7.5bn multicurrency facilities.

Key clients

Marks & Spencer plc

Halma plc

TP Icap plc

Quilter plc

Great Portland Estates plc

Banking litigation: investment and retail Tier 1

Allen & Overy LLP's highly rated banking and finance litigation team advises on the full range of issues affecting clients in the financial sector, ranging from major regulatory investigations to high-profile disputes. The practice regularly works alongside the firm's specialists in banking, restructuring, derivatives and corporate trustee practices. It successfully defended Deutsche Trustee in English proceedings, which were brought by Dana Gas in relation to the enforceability of the repayment of an Islamic Bond under English Law. Calum Burnett heads the London litigation and investigations practice, while Andrew Denny has particular expertise in litigation involving complex structured financial products. Also key to the team are Mona Vaswani, Arnondo ChakrabartiMahmood Lone and James Partridge, along with counsel Oliver Rule; white-collar crime specialist Eve Giles was hired from Kingsley Napley LLP.

Testimonials

The experience of working with this team is unparalleled from a litigation perspective.

The team displays very sound judgement and a wealth of litigation experience.

Brand management Tier 1

Allen & Overy LLP is best known for its strong reputation in brand litigation and counts international household brands such as Coca-Cola, 20th Century Fox and McDonald's among its recent clients. David Stone spearheads the practice and is 'one of the best experts in EU design law'. Nigel Parker and Jim Ford's practice straddles the interface of non-contentious IP and commercial matters, where they advise on brand acquisition, licensing and joint ventures. Neville Cordell is another experienced litigator. Karla Hughes, who joined in March 2019 from Hogan Lovells (Alicante) SL & Cia, leads the portfolio management and trade mark prosecution practice for the Belfast office.

Leading individuals

Next Generation Partners

Testimonials

Allen & Overy are very responsive and open to discussing strategies. Good awareness and knowledge of worldwide filing strategies and requirements.’

Key clients

Gibson Guitars

The Coca-Cola Company

McDonald’s

20th Century Fox

News UK

Brexit Tier 1

Allen & Overy LLP’s cross-border and cross-departmental Brexit client advisory team advises on the development and implementation of Brexit strategies including corporate reorganisations and expansive contingency plans. The group is noted for its financial services sector expertise and regularly assists with issues arising from the impact of Brexit on operating models and licence applications. Recent highlights include advising Nomura on the Brexit contingency plan for its wholesale global markets and investment banking business, including providing regulatory advice on alternative financial centres in the European Economic Area (EEA), building out its French credit institution, and establishing and licensing a new investment firm entity in Germany. It also assisted the Commonwealth Bank of Australia with its contingency planning and post-Brexit structuring and operations in Europe. Capital markers expert Daniel Shurman leads the team, which also fields regulatory specialists Damian Carolan and Kate Sumpter, insurance partner Philip Jarvis, corporate expert Matthew Townsend and Bob Penn, who rejoined the firm from Cleary Gottlieb Steen & Hamilton.

Key clients

Nomura International plc and Nomura Asset Management

Commonwealth Bank of Australia

Lloyds Banking Group

BNP Paribas S.A.

Hiscox

Rio Tinto

Phillips 66

TAQA

Commercial property: corporate occupiers Tier 1

Allen & Overy LLP is routinely engaged for high-end, cross-border work for a prestigious roster of clients. The practice, which is led by global real estate head Imogen Moss, also advises landlords and tenants on the leasing and management of real estate investments, covering rent reviews, insurance and repair obligations. Moss plays an active role in the firm’s thriving headquarters practice and is also an expert on joint ventures and investments which use complex offshore structures. In a recent highlight, the team advised Westbrook Partners on its acquisition of the Sterling Industrial Platform, a portfolio of 28 UK logistic assets spanning over three million sq ft of lettable space. Well-regarded counsel Emma Willoughby represents a range of developers, landlords and tenants from the retail, office and industrial sectors.

Leading individuals

Testimonials

‘The team is outstanding in their knowledge, and have a great ability to give pragmatic advice (not just the legal theory). Very responsive and great at leveraging other specialities within the firm.’

‘The individuals truly go the extra mile. They have great commercial sense between protecting the client position and making transactions happen.’

Key clients

Oxford Properties

Evans Randall

THRE’s European Cities Fund

China Vanke

Orion Capital Managers

Schroders

Westbrook

Corporate governance Tier 1

As adviser to some 26 FTSE 100 companies including Aviva, Hiscox and Associated British Foods, Allen & Overy LLP has notable expertise across compliance, regulatory and risk management mandates and regularly assists listed companies with shareholder issues, including activist investors and contentious company board disputes. The group also handles environmental, social and governance reviews, and fields a dedicated team, which specialises in annual general meetings and annual reporting issues. Recent work includes advising Electra Private Equity on several activist shareholder, strategic review and governance issues, and handling the governance elements of DWF's listing on the London Stock Exchange. Richard Browne and Richard Cranfield jointly lead the corporate group and Paul McCarthy is the key contact for corporate incentives. Other noteworthy practitioners include corporate finance partner David BroadleyMatthew Townsend, who is co-head of the international trade and regulatory law group; and senior corporate assistants Victoria Rankmore and Kate Astley. In late 2018, the firm also launched A&O Consulting, a venture which will focus on providing regulatory business advice including corporate governance work.

Testimonials

Team members are experts in their field.

‘Manages to make the service feel personal at the same time as being clear and independent in its advice. Its accessibility is exceptional.

The team is very good technically, but also able to be pragmatic, which you don’t always get with a Magic Circle firm.

The A&O team brings a tremendous combination of subject matter expertise and industry knowledge. Moreover, the highly pressurised transactions it handles require deft ‘soft’ skills that it also, thankfully, has. What ultimately makes its contributions so great is that it truly works collegiately to ensure the best advice is agreed by all advisers and then presented to the client. There are no arguments over scopes of work – just a desire to be fair and do what is best for the client. Common-sense lawyers!

Kate Astley is the jewel in the crown of A&O’s UK corporate governance practice. She is exceptionally knowledgeable and her advice is also highly practical and pragmatic.

Kate Astley and Victoria Rankmore provide a seamless service. They have great passion and knowledge of their subject matter, and are always willing to speak no matter how small the query.

‘Their care and commitment are exceptional, as is their availability, making transactions feel like a team effort. Their sense of humour in darker moments is much appreciated and the whole experience is human, while at the same time paired with world-class legal advice.

Key clients

Aviva

Direct Line

Great Portland Estates

Ibstock

Imperial Brands

Sage Group

TUI

Associated British Foods

Quilter (formerly Old Mutual Wealth)

Network International

Hiscox

Consort Medical

McCarthy & Stone

DWF

Electra Private Equity

Man Group

Prudential     

Corporate restructuring & insolvency Tier 1

With a core group of ten partners based in London, and also able to draw upon 'huge firm-wide resources' across Europe, Asia, the Middle East and the US, Allen & Overy LLP's  'strong, experienced and capable' team has the critical mass and geographical reach to provide a one-stop-shop service to a broad range of stakeholders in many of the highest-profile and most challenging cross-border restructurings. Praised for the 'technically strong and commercial' attributes of their lawyers from across all levels of seniority, the team is able to provide a 'very solution-oriented and nuanced approach' with the flexibility to offer international advice including, but not limited to, US Chapter 11, UK schemes of arrangement, pre–packaged sales and debt for equity swaps. This overarching knowledge and experience across jurisdictions was recently deployed to good effect on the firm's representation of the co-ordinating committee as creditors on the $5bn financial restructuring of Ojer Telekom and the subsequent creditor acquisition of its subsidiary Turk Telekom. The 'exceptionalIan Field is global head of the firm's restructuring group and is appreciated for his 'ability to remain calm when the pressure is on'. Randal Weeks  has 'excellent attention to detail', which he exhibits  on behalf of lender clients on big-ticket restructurings. Jennifer Marshall provides 'outstanding focus and leadership' across both contentious and non-contentious matters and is recognised as a thought-leader across many cutting-edge industry topics. Joel Ferguson  has extensive experience advising a wide range of clients, including financial institutions, funds, corporates, and insolvency practitioners. The team's funds-related restructuring offering was recently enhanced by the return to the firm in April 2019 of Tim Watson , following a stint at investment management firm Davidson Kempner.

Testimonials

‘The firm displays very consistent quality across the team.’

‘It is a very strong, experienced and capable team with a good bandwidth of partners, senior associates and associates.’

‘They go the extra mile for their clients.’

‘Ian Field is an exceptional restructuring and insolvency lawyer.’

‘Earl Griffith is especially able in dealing with the detail in complex documents, including security.  He also is a pro-active communicator.’

Debt capital markets Tier 1

Allen & Overy LLP is 'the best of the best', according to one client, who also praises the quality of its associate team. The firm is consistently a leader in international debt issuance by volume and has one of the most active practices for the establishment of MTN programmes and subsequent issuance. It advises issuers and managers on some of the largest and most complex deals in the market, and is also seen as one of the most skilled practices for regulatory capital matters. Jonathan Melton is the practice head; he handles EMTN programmes, straight debt and equity-linked issues, statutory covered bonds, loan participation notes, emerging markets issuance and liability management. The stellar partner group also includes Matthew Hartley, who frequently acts for sovereigns, supranationals, corporates, banks and mutuals; Theo Trayhurn, who handles regulatory capital issuance by financial institutions and high-profile blue chip corporate bond issues; the 'very good, very technical' Tom Grant; the 'hardworking and collaborativeJamie Durham; US-qualified Sachin Davé, who deals with issuance for foreign governments, issuers and investment banks; and newly promoted partner Peter Crossan.

Key clients

Vodafone

Goldman Sachs

Bank of America Merrill Lynch

Nordea

Credit Suisse

Lloyds Banking Group

UBS

Derivatives (including commodities) Tier 1

The derivatives and structured finance practice at Allen & Overy LLP is active in transactional matters in every asset class, including commodities, and has the deepest bench of talent of any firm in the City. Widely regarded as a thought leader in the derivatives market, the firm has continued to innovate with the launch of Margin Xchange - a system that consolidates and codifies the firm's extensive expertise in initial margin negotiations within industry leading technology to create a market utility to enable all institutions to implement their initial margin requirements. The firm's work includes complex financing structures for illiquid assets, portfolio transfers, advice on the changing regulatory framework, and more traditional derivatives and structured finance transactions. Among the many standout partners in Tony Drake-Brockman's team are Parya Badie in the structured equity group who is a market leader and expert in hedging documentation and intercreditor issues; Guy Antrobus who has been heavily involved in ISDA’s work on Initial Margin Credit Support documentation; head of global international capital markets David Benton; regulatory specialist Paul Cluley; leading adviser to ISDA Emma Dwyer; David Wainer and David Wakeling , who led the development of MarginMatrix. Up-and-coming partner Tom Roberts is a founding partner of the firm's Market Innovations Group.

Testimonials

“Tony Drake-Brockman is the standout partner for his combination of in-depth knowledge of derivative payoffs and structures, and a deep understanding of securities issuance programmes.”

“Parya Badie is excellent for close-outs and general derivatives advice.”

“David Benton is the market expert on credit derivatives.”

Key clients

Goldman Sachs

Société Générale

VTB

Macquarie Group Limited

BNP Paribas

International Swaps and Derivatives Association

Nomura

Bank of America Merrill Lynch

Emerging markets Tier 1

Allen & Overy LLP's debt finance practice is heavily involved in large and innovative transactions in emerging markets. Its work involves financings in Africa, Central and Eastern Europe, the CIS, Ukraine, Southeastern Europe, Turkey and the Middle East, as well as many parts of Asia and Latin America. In 2018, the firm continued to build on its strong track record of 'first-of-kind’ emerging markets deals involving structured finance, projects and debt capital markets. It acts for export credit agencies, development finance institutions and multi-lateral agencies, as well as issuers and managers of bonds, including equity-linked transactions. The firm has many standout practitioners with significant emerging markets experience, and among these are lead ECA partner Lorraine Bayliss; India group chair Sanjeev Dhuna; debt and commodity finance specialist Greg Brown; Africa group head Tim Scales; US securities partner Sachin Davé; head of the European Islamic finance practice Atif Hanif; project finance expert Andrew Castle; up-and-coming trade, commodities and export finance counsel Catherine Lang-Anderson; and rising star senior associate Oleg Khomenko.

Employee share schemes Tier 1

Allen & Overy LLP is at the forefront of the advice to financial institutions on their most complex and sensitive remuneration issues, including senior executive incentive arrangements. It is also a first port of call for many publicly listed and privately owned UK and international companies. Paul McCarthy's expertise in employee equity incentives includes their design, the tax and cost implications, shareholder communication, corporate governance and best practice. In addition to providing standalone advice, he advises on share plan issues arising from IPOs and M&A. The practice particularly stands out in the context of global share schemes; its ability to work with members of the tax, securities, employment, corporate and regulatory practices enables it to provide a first-rate service. McCarthy works with senior associate Louise Batty.

Leading individuals

Testimonials

Paul McCarthy is a very hands-on, sensible and realistic adviser. He has excellent judgement

Key clients

21st Century Fox

Aviva

BT

TUI

Prudential

Quilter

Cobham

Worldpay

Hiscox

Virgin Money

Employment: employers Tier 1

Allen & Overy LLP’s employment department is a leader in market-defining disputes in both the High Court and Employment Tribunals, while also specialising in high-profile strategic advisory work, as well as interdisciplinary regulatory, data privacy and transactional matters. The practice is particularly well known for its expertise in the financial services sector. Other sector specialities include TMT, life sciences, industrials and oil and gas. Recent highlights include advising the Commonwealth Bank of Australia on a Brexit project which requires setting up a new entity in the Netherlands and the closure of the bank’s entity in Malta. Sarah Henchoz heads the practice. Karen Seward, Mark Mansell and Robbie Sinclair (who was made partner in May 2019) are also recommended.

Testimonials

The department has good insights into other banks’ market practice‘.

Pragmatic, robust and value-added advice‘.

Very good strength-in-depth knowledge of employment law and its practical application to industry sectors. For our business, they also have strong knowledge of the relevant regulation particular to us and can draw on specialist and multidisciplinary teams with associated knowledge of aligned industry concerns‘.

Mark Mansell is a bit of a heavyweight. He can be trusted to make judgement calls‘.

Mark Mansell is pragmatic and has experience at the forefront of employment law developments. Robbie Sinclair has knowledge of industry regulation and is always available to make the client’s concerns his focus‘.

Key clients

Man Group

TP ICAP

Google

GlaxoSmithKline

Commonwealth Bank of Australia

HSBC

NBCUniversal

Tudor

WPP

Santander

Environment Tier 1

Allen & Overy LLP provides regulatory advice on environmental liabilities and assists with environmental approvals for the import of chemical substances. The firm also advises on climate change risk assessment and the implementation of internal compliance programmes, as well as on environmental sustainability reporting. The firm regularly liaises with clients from the fossil energy, nuclear power, manufacturing, mining and renewable energy sectors. Practice head Matthew Townsend's areas of expertise include chemicals regulation, product recovery and recycling, and M&A transactions and projects in the energy and power sectors.

Leading individuals

Testimonials

The practice is very knowledgeable in environmental law

Matthew Townsend has good technical knowledge and provides focused, practical advice

Matt Townsend is exceptionally commercial. He is an expert in environmental law and a skilled negotiator

Key clients

Petroineos

Allnex

Hydromine

Horizon Nuclear

HP

Misonix

Millicom

Trans Adriatic Pipeline

PetroChina

W. L. Gore

Lubrizol

A10 Networks

Laboratories Fill-Med

Equity capital markets – mid-large cap Tier 1

Allen & Overy LLP is well known for its underwriter relationships, but has also been one of the leading company-side counsels for big-ticket listings and innovative deals on the London Stock Exchange (LSE). Of particular note, the team advised DWF on its recent IPO, making it the first law firm to list on the exchange's premium segment. Moreover, with recognised strengths in English and US securities law, the London team plays a significant role in the firm's wider EMEA ECM offering. In one recent example, a cross-office team spanning London and Abu Dhabi acted for Network International in its 2019 IPO on the LSE, which marked the largest IPO on record for a Middle Eastern tech company. 'One of the best corporate finance lawyers in the UK', James Roe is a key figure in the English capital markets group, which is headed by David Broadley, and Adam Wells leads the 'absolutely first class' US securities team. Also of note, Michael Bloch, 'a strong technical and commercial ECM practitioner', was promoted to partner in 2019.

Testimonials

Probably one of the top three firms in the UK for capital markets advice.

A great capacity to solve difficult problems while delivering seamless high-quality service and smooth deal execution.

Very good strength in depth; not too reliant on any one individual.

Key clients

Network International

Quilter (formerly Old Mutual Wealth)

DWF

Compañía Española de Petróleos, S.A.U. (CEPSA)/Mubadala Investment Corporation

Marks & Spencer

Man Group

Sensyne Health

Sirius Minerals

Hellenic Bank

Financial services: contentious Tier 1

Experienced in advising on a range of financial services matters, Allen & Overy LLP has particular expertise in handling regulatory investigations, as well as boasting  a financial services criminal defence capability covering anti-corruption and bribery, anti-money laundering, anti-trust and sanctions. The arrival of criminal defence lawyer Eve Giles from Kingsley Napley LLP further strengthens the team in this area. The contentious practice, led by Calum Burnett, works closely with A&O's regulatory lawyers and recently established regulatory consulting business, A&O Consulting. Notable in the team is Mahmood Lone, who specialises in acting on high profile investigations into alleged market abuse and manipulation. Damian Carolan heads the non-contentious regulatory group that acts for investment and retail banks, asset management firms and trade bodies across a range of advisory and transaction-related regulatory issues. His team includes Kate Sumpter, who has expertise dealing with complex regulatory-driven structural change projects for UK and international banks.

Leading individuals

Next Generation Partners

Testimonials

‘Practical experience allied with technical expertise’

‘They know the real issues that matter and focus on those’

Fraud: civil Tier 1

Allen & Overy LLP is adept at dealing with high value multijurisdictional matters that involve a high volume of documents, freezing orders, disclosure orders, and search and seizure orders. Other areas of expertise include world-wide asset freezing, interim applications and ancillary orders such as for passport retention. The firm acts for claimants and defendants in the oil and gas, telecoms, manufacturing, banking and financial sectors. Senior associate Helen Biggin handles cross-border dispute resolution involving fraud in emerging markets, including Iraq, while fellow senior associate Juliet de Pencier is also well-regarded.

Infrastructure (including PFI and PPP) Tier 1

Allen & Overy LLP is an expert in sophisticated infrastructure transactions. Led by the well-regarded David Lee, the team has a deep bench of lawyers advising  on the full range of infrastructure-related matters, including fundraisings, acquisitions, refinancings, sales and PPP deals, working  on both greenfield and brownfield projects. The firm's client portfolio is similarly broad, with the group regularly acting for players active in airport, road, rail, renewables and tech infrastructure projects. Richard Evans and Sara Pickersgill are well versed in EU-wide infrastructure M&A transactions. Jonathan Bevan and Jocelyn Land know respectively the rail and energy sectors well. The well-regarded Conrad Andersen left for Latham & Watkins in summer 2018.

Leading individuals

Key clients

John Laing Infrastructure Fund

Department for Transport (DfT) and HM Treasury

OTPP, AimCo and Wren House Infrastructure Management

IFM Investors

3i

Equitix

DWS

Macquarie Capital | Macquarie Infrastructure and Real Assets │ Green Investment Group

Borealis │ OMERS Infrastructure

Insurance litigation: for policyholders Tier 1

Allen & Overy LLP advises clients in the construction, energy and pharma sectors on professional indemnity, product liability, property damage and business interruption disputes with insurers. Practice head Joanna Page handles a range of matters including director and officer’s liability, professional indemnity and political risk insurance claims, while Richard Farnhill mainly acts for financial institutions. Richard Smith specialises in insurance coverage arbitration and 'calm, unflappable' senior associate Russell Butland covers property damage and business interruption claims.

Leading individuals

Testimonials

The team is very creative in its thinking, and very easy to work with. Individuals demonstrate rigour and inventiveness in their legal thinking, combined with practical commercial judgement

Excellent all round service – superb technical knowledge, excellent client service and very easy to get on with on a human level

Excellent client care skills. Very responsive and proactive in their approach in difficult circumstances. Always very commercial and client focused

Senior associate Sophie Nettleton has excellent client care skills, is very responsive and provides good summaries and updates. Excellent organisation skills.

‘Senior associate Russell Butland is calm, unflappable and has very good technical knowledge and commercial understanding

Key clients

Abu Dhabi National Exhibitions Company

Intellectual property Tier 1

The intellectual property team at Allen & Overy LLP attracts praise for its 'outstanding ability, client awareness and total commitment to the cases it handles'. The group assists with a combination of contentious and commercial matters relating to the full range of IP rights. Recent work highlights include representing Huawei in Conversant’s high-profile claim for a declaration that it has offered FRAND terms relating to its SEP portfolio, as well as acting for Eli Lilly in its appeal to the Supreme Court against an order for the revocation of its patent for its Tadalafil product. Global head of IP, litigator David Stone, has particular experience in EU design law, while Jim Ford heads the commercial IP practice. Other names to note include patent litigator Mark Ridgway, who focuses on the telecoms, pharmaceuticals and biotech industries; life sciences and consumer products patents litigator Marc Döring;  Mark Heaney, who has expertise in the hi-tech sector, and life sciences sector specialist Marjan Noor, who 'brings a unique combination of client care and detailed involvement to a case'. Nicola Dagg departed to Kirkland & Ellis International LLP.

Testimonials

A top-end practice that, when the need arises, benefits from the in-house support of a worldwide full-service legal firm.

The specialist IP partners are hugely experienced and, with well-qualified technical associates, are able to provide a bespoke and cost-effective approach to each case.

Mark Heaney is one of the most experienced electro-mechanical patent experts in the UK, with a real understanding of what will work and what will not; he brings pragmatic strategy to every case.

Neville Cordell has real strengths in the pharmaceuticals and life-sciences sectors, bringing years of experience in complex and high-value patent litigation to any case.

Marjan Noor has huge experience as an IP litigator and is one of the stars of the London market.

Associate Rafi Allos is excellent.

Jim Ford is an extraordinary commercial lawyer. He is thorough, smart, commercial and tough, but balanced.

Rafi Alos and Tom Edwards are outstanding associates.

Key clients

Premaitha Health plc

Huawei

Seoul Semiconductor

Regeneron Pharmaceuticals

Eli Lilly and Company

Procter & Gamble

Bayer Intellectual Property GmbH

Warner Bros

The Coca-Cola Company

Manchester United

Honda Motor Europe

HP Inc

Twentieth Century Fox

Blackstone

Exponent Private Equity LLP

Imperial Brands plc/Fontem Ventures BV

Islamic finance Tier 1

Allen & Overy LLP fields a full-service Islamic finance offering from its London office, which is complemented by a strong network of offices throughout the Islamic world, including an association firm in Saudi Arabia. Functioning as a part of the firm's wider banking and capital markets practices, the Islamic finance team is regularly involved in cross-border project finance, commercial lending and structured finance mandates. Of recent note, the team has been especially active in the Saudi market, acting for clients such as the Saudi Electric Company and the Kingdom of Saudi Arabia. The European Islamic finance group is headed by Atif Hanif, who has expertise in bank finance and capital markets deals, and is widely recognised as a leader in the Islamic finance world.

Leading individuals

Testimonials

Adept at formulating effective problem-solving options.

Sajjad Khoshroo is incredibly commercial and knows how to get a deal done; he can break down complex structures with great insight.

A top-notch team, there isn’t anything they can’t handle.

The team has quality people throughout the world, enabling it to tackle problems that span multiple jurisdictions.

Key clients

Saudi Electricity Company

First Abu Dhabi Bank

Credit Agricole

Saudi British Bank

Banque Saudi Fransi

Samba Financial Group

Arab National Bank

Gatehouse Bank

Standard Chartered Bank

Oil and gas Tier 1

The energy and natural resources experts at Allen & Overy LLP advise the firm's enviable client roster of national oil companies (NOCs), international oil companies (IOCs), independent oil and gas companies, and funders on the entire life cycle of assets in the sector, from consenting and planning through to construction, financing and operation, and ultimately their refinance or sale. In recent highlights, Gareth Price's team continued to advise on the $6bn Bapco modernisation project in Bahrain, and the Rovuma liquefied natural gas (LNG) project in Mozambique. John Geraghty, who has extensive experience in international transactions, Andrew Castle and Troy Edwards are also key contacts. Ed Moser was recently promoted to partner and Conrad Andersen departed to Latham & Watkins.

Key clients

Total

TAP

Trans Adriatic Pipeline AG (TAP), a joint venture between BP, SNAM, SOCAR, Fluxys, Enagás and Axpo

Palestine Energy Transmission Company Ltd

Swala Oil & Gas (Tanzania) plc

The Project Company (TAPI Pipeline Company Limited)

Hitachi

Engie

Pensions (non-contentious) Tier 1

The 'phenomenal' team at Allen & Overy LLP advises an extensive list of household name trustees and sponsors on all key issues facing the pensions market including defined contribution master trust implementation, restructuring exercises (including ring-fencing mandates in the banking sector), derisking exercises and GDPR compliance. In addition to their advisory work, Neil Bowden, Maria Stimpson and Jane Higgins have recently been involved in some of the industry’s leading disputes in the High Court concerning GMP equalisation and scheme rectifications. Recently made-up partner Andy Cork has particular expertise on insurance buy-in matters.

Testimonials

Top-level, reliable and there when needed

Allen & Overy builds great relationships, with expertise in the subject matter and a practical business know-how

Andy Cork and Dana Burstow have an empathetic nature, with the ability to engage with clarity and respect

Neil Bowden has a deep knowledge of pensions law

Key clients

Lloyds Banking Group Pensions Trustees Limited

The Trustee of the BT Pension Scheme

The Trustee of the ICI Pension Fund

The Trustee of the Pfizer Group Pension Scheme

The Trustee of the Thomson Corporation Pension Scheme (Thomson Reuters)

RSA Insurance Group Plc

Prudential Plc

The Trustee of the IHG UK Defined Contribution Pension Plan

Co-operative Group Limited

News UK

Pharmaceuticals and biotechnology Tier 1

At Allen & Overy LLP, Jim Ford leads the London IP practice and is co-chair of the global life sciences group and Marc Doring heads the UK IP litigation team. The group offers the full spectrum of specialisms; mergers and acquisitions, commercial transactions, IP, financing and regulatory matters. Matthew Appleton focuses on corporate transactions for life sciences clients and the 'excellent' Marjan Noor is highly rated for her handling of IP and regulatory matters. Neville Cordell and senior associate Rafi Allos tackle IP litigation together with regulatory work. Many of the team have science backgrounds -  there is a team of science analysts based in Belfast and the team has a specific focus on the area of gene editing. It also offers a comprehensive range of expertise from regulatory to distribution and advertising in respect of the challenges associated with the medicinal applications of cannabis.

Leading individuals

Testimonials

‘Top quality work product. Sensible. Thoughtful. Good at anticipating clients needs.’

‘Michael Snook is mature, easy to deal with and very straightforward.’

Key clients

Circassia

Grünenthal Pharma

Regeneron Pharmaceuticals

Pfizer

Exscientia

Almac

BTG

Sanofi

Zimmer Biomet

Premaitha Health plc (now Yourgene Health)

Power (including electricity, nuclear and renewables) Tier 1

Allen & Overy LLP continues to advise on an impressive mix of deals across the energy spectrum, including large-scale project financing work in the renewables space, such as Hornsea, Dudgeon and the Crystal Rig III onshore wind farms. Team leader Gareth Price focuses on all aspects of the development, acquisition, disposal and funding of energy and infrastructure assets around the world with a particular interest in developments that contribute to solving the 'trilemma' of energy security, affordability and decarbonisation. Other key partners include Troy Edwards and Chris AndrewEd Moser was recently promoted to partner; infrastructure specialist Conrad Andersen left to join Latham & Watkins.

Key clients

Hitachi

European Bank of Reconstruction and Development

Green Investment Group

Goldman Sachs Infrastructure Partners

Palestine Energy Transmission Company Limited

Macquarie Capital

Engie

Ørsted

Property finance Tier 1

Allen & Overy LLP is known for its strong lender-side client base, which includes insurance companies, debt funds and US mortgage REITs, as well as traditional bank lenders. The firm is also active on the sponsor side, regularly advising real estate private equity funds. In addition to its specialism in commercial mortgage-backed securities (CMBS) issuances, the team also handles acquisition and development finance; senior and mezzanine loans; and loan portfolio transactions. The firm is also noted for the strength of its pan-European work. Paul Flanagan, Arthur Dyson, Simon Roberts and Mark Manson-Bahr lead the team, while the ‘standoutDavid Oppenheimer is also a key contact.

Testimonials

Allen & Overy has a very strong team that understands their client’s business and needs.  They provide very good advice in a timely and commercial manner.

They always make themselves available for us and meet or exceed all deadlines. I would particularly flag Mark Manson-Bahr as being outstanding.  He is one of our “go-to” lawyers for complex issues.

Allen & Overy is consistently one of the best real estate finance law firms across Europe. Very experienced partners, strong associates and a committed pool of young talents set the firm apart from its competitors.

The quality of service delivered by Allen & Overy is above its competitors. This is due to the strong quality of its partners and associates.

It is a very solid, client-focused team.

Arthur Dyson is a solid trusted adviser who has been there and done that. He can be trusted to advise you on what the key issues are, and is sensible and constructive – he does not look to point-score with the other side.

Allen & Overy stands out for its depth of practice – it is hands-down the best in the market. They have seen every structure in the book, they know what happens in a downturn and as a result give the best advice. They deliver complex deals with ease and an efficiency that other firms can’t match.

Mark Manson-Bahr is exceptional – he is very straightforward, balanced and pragmatic. He runs a tight ship and is always fully engaged and available. He quotes the real price of a deal and then stays involved to get it done on time and on budget. He sweats the detail as well as seeing the bigger picture and so gives commercial advice rather than just legal advice. He’s the real deal.

Public international law Tier 1

Allen & Overy LLP has superlative expertise across the full spectrum of public international law and related matters ranging from environmental and human rights issues to transnational jurisdiction, international compliance and sanctions issues. Its 'outstanding and hardworking' team is experienced in state-to-state disputes before the International Court of Justice and tribunals under the jurisdiction of the Permanent Court of Arbitration, ICSID, the United Nations Convention for the Law of the Sea and other ad hoc bodies. The group's capabilities in human rights law was bolstered by the arrival of Suzanne Spears from Volterra Fietta; she handles advisory and contentious work, with a focus on matters related to investment treaties, territorial boundaries, international trade and sovereign immunity. Mark Levy QC regularly coordinates with the Paris office in representing sovereign state and corporate clients in commercial arbitrations and investment treaty cases. Other key figures include Kate Davies and James Freeman and senior associates Naomi Briercliffe and Guled Yusuf. 

Testimonials

Mark Levy and Suzanne Spears are excellent, they have a real commitment to broaden and deepen the knowledge across the firm in the public international law and human rights area.

Suzanne Spears is one of the leading lawyers in business and human rights. She is engaging, alert and reliable, and she is aware of all the rapid developments in this area. I cannot recommend her highly enough.’

Kate Davies is especially bright and knowledgeable in her field of expertise

Kate Davis and Guled Yusuf are both remarkably smart, entrepreneurial, and highly dedicated to achieving the goals they set for themselves and their clients.’

Guled Yusuf is a future leader in the field. He is charismatic with encyclopaedic knowledge of international law. He stands head and shoulders above most practitioners.’

Key clients

European Union

European Investment Bank

Federal Republic of Somalia

Islamic Republic of Pakistan

UniCredit

Sultanate of Oman

Rail Tier 1

Benefitting from 'in-depth expertise' Allen & Overy LLP handles complex and high-value rail transactions. It offers particular experience in infrastructure, concessions and rolling stock, and acts for governments, sponsors, financiers and manufacturers. Leveraging its global footprint, the team handles a number of complex, cross-border instructions. Department head Jonathan Bevan stands out for his infrastructure and transport expertise across financings, development, construction, public-private partnerships and construction. Bevan and Richard Evans led advice for Hitachi Rail Europe on its disposal of a 30% stake in Agility Trains West to a consortium comprised of Dalmore Capital, Equitix Investment Management, Japan Infrastructure Initiative Company and Rock Rail Holdings.

Leading individuals

Key clients

3i Infrastructure

Angel Trains

Alpha Trains/Arcus

Beacon Rail

Equitix

Eversholt Rail

JP Morgan Infrastructure Investment Funds

Hitachi

InfraRed

CACIB

ING

EDC

RBS

Regulatory investigations and corporate crime Tier 1

Allen & Overy LLP 's corporate crime team is 'practical and pragmatic', and is as adept at representing large multinational companies as international financial institutions in business-critical investigations. The team advise on matters including corruption, sanctions, financial issues, regulatory investigations, anti-bribery compliance, and data and privacy issues. As befits an international firm, Allen & Overy's global network of offices means it can handle a range of multi-jurisdictional investigations by various enforcement authorities. Head of team Jonathan Hitchin is recognised for his strength advising on cross-border investigations, cartel investigations and private damages claims. Arnondo Chakrabarti handles the full gamut of corporate crime matters and counts FTSE 100 companies among his clients. The magic circle firm strengthened its hand with the addition of Eve Giles  , who advises both corporates and individuals on white collar and criminal defence matters. Lawson Caisley  is also highly regarded.

Testimonials

‘Practical and pragmatic with their advice’.

‘Risk-balanced, clear and easily consumed and explained advice’.

‘Arnondo Chakrabarti is particularly a stand out’.

Structured products and securitisation Tier 1

'This team is special because of its high-quality legal advice and technical drafting', remarks a client of Allen & Overy LLP. The firm has a leading role in the structured finance market, providing bespoke legal advice and innovative technology to enable clients to develop new products and manage risk. It handles complex financing structures for illiquid assets and portfolio transfers, as well as traditional derivatives and structured finance transaction transfers, and is at the cutting edge of regulatory advice. The firm acted on more than one third of all public CLO transactions in Europe in 2018 as arranger or manager counsel. Tony Drake-Brockman leads the derivatives and structured finance practice, which handles structured products, while Salim Nathoo leads the securitisation group. Their practice has some of the leading advisers in the market. Franz Ranero is a leading light in the CLO market. Angela Clist handles securitisation of all asset classes but is a market leader in covered bonds. Tim Conduit is highly experienced in utility, transport, project bonds, asset financing, trade finance and structured commodity financings backed by infrastructure and project loans. Lucy Oddy advises financial institutions, funds, private equity firms and corporates on a broad range of asset-backed finance transactions. Sally Onions has a strong track record in RMBS and covered bond transactions in the UK. Counsel Daniel Hill is also recommended.

Testimonials

“The team has a wealth of experience in the offshore wind industry, and applied this very well on the financing process for the Hornsea 1 offshore wind farm divestment, successfully co-ordinating and managing a very large number of different lending entities throughout a process which lasted over a year./

‘Lead partners are able to take a commercial view and focus attention and time on key items.”

“Tim Conduit worked very well to manage and co-ordinate a very large number of different counterparties and bring a very complex transaction to a successful conclusion.”

“The associates are incredibly hardworking and diligent but also show good commercial awareness and an ability to focus on the key aspects of a deal requiring resolution.”

“They effectively project manage the annual updating of our complex suite of issuance programmes for us, identifying what we need to concentrate on as issuer and ensuring tight timetables are met.”

“The firm’s extensive global coverage means it is often able to bring in local specialists to discuss a point at short notice, which is very helpful to us.”

“Tony Drake-Brockman is the standout partner as his combination of in-depth knowledge of derivative payoffs and structures and a deep understanding of securities issuance programmes, makes him ideal to manage our structured products programmes.”

“The firm has a very strong team for derivatives and structured products, including close-outs advice, loan/securitisation hedging and credit derivatives.”

“Parya Badie is excellent for close-outs and general derivatives advice.”

Key clients

Nomura

Goldman Sachs

Santander

BNP Paribas

Royal Bank of Canada

Heathrow

International Swaps and Derivatives Association, Inc. (ISDA)

Trade finance Tier 1

The trade, commodities and export finance practice at Allen & Overy LLP builds on the firm's market-leading structured finance expertise, and one client notes that it has 'excellent knowledge of derivatives'. The firm is called upon to handle complex and innovative financing structures, including those that use traditional trade finance techniques in novel ways such as blending them with other forms of banking product. In 2018, the practice also handled a number of restructurings and litigations in the trade and commodity finance space, and it is regarded as one of the leading advisers on distressed structures and regulatory matters. Greg Brown, who recently advised on financings in Russia, Africa, India, Turkey and the Middle East, and Catherine Lang-Anderson, who frequently advises leading banks, are among the firm's standout practitioners. Derivatives and structured finance specialist Richard Tredgett and head of the firm's ECA practice Lorraine Bayliss are also recommended.

Leading individuals

Next Generation Partners

Key clients

Metinvest

VTB Bank

Macquarie Group Limited

Transport finance & leasing Tier 1

'One of the go-to-firms in the market for handling big-ticket asset finance mandates', Allen & Overy LLP's five-partner team has expertise across the gamut of transportation assets. The practice is, however, best known for its expertise within the aviation space, where it is well placed to handle the most sophisticated mandates in the market by virtue of its ability to leverage its strong capital markets and structured finance expertise, as well as a wide-ranging international network. Global head of aviation finance, the 'very brightPaul Nelson is regularly involved in innovative and complex deals, including his recent work for UKEF and ING Bank on the Japanese Operating Lease with Call Option (JOLCO) financing of a Boeing 737 aircraft for Avianca; notably, this was the first UK Export Finance-backed JOLCO financing for a Latin American carrier. Harry Upcott has strong ties with many operating lessors and has recently been very active advising on several big-ticket portfolio transactions. Outside of the aviation sector, Kevin Young has a strong pedigree within the shipping sector and has recently advised numerous different funds on the acquisition of shipping portfolio loans. The 'responsive and knowledgeableMario Jacovides heads up the overarching global structured and asset finance group, which also includes Jonathan Bevan, who has 'vast rail experience'.

Testimonials

The team has the ability to think laterally and with a commercial perspective, offering alternative solutions to issues‘.

Harry Upcott is one of the best out there in terms of knowledge, commercial mindedness and client engagement‘.

Key clients

Falko

Avolon

Dubai Aerospace Enterprise (DAE)

The AFIC Insurance Group

IAG Group Airlines (BA, Iberia, Vueling)

Etihad

Oak Hill Advisors

Värde Partners

Excelerate Energy

Vroon Group

Natixis

Investec

ING Bank

BNP Paribas

Citi

SMBC

SACE

Unicredit

Water Tier 1

The practice at Allen & Overy LLP oversees both clean and dirty water schemes which entail a range of project structures from build, operate and transfer(BOT) schemes and PFI projects, to concession arrangements and privatisations. Its practitioners have substantial experience across the whole of infrastructure fundraising, both greenfield and brownfield, PPP, acquisitions, refinancing, sales and other aspects. Tim Conduit focuses on work in the bond, bank and institutional debt markets. Ed Moser was recently promoted to the partnership, while Conrad Andersen left to join Latham & Watkins .

Leading individuals

Key clients

John Laing Infrastructure Fund

Department for Transport (DfT)

HM Treasury

OTPP, AimCo and Wren House Infrastructure Management

IFM Investors

3i

Equitix

DWS

Macquarie Capital | Macquarie Infrastructure and Real Assets │ Green Investment Group

Borealis │ OMERS Infrastructure

Commercial litigation Tier 2

Allen & Overy LLP has a strong track record advising clients in challenging and business-critical cases, with the majority of the firm's commercial litigation cases involving an international dimension. The group regularly works alongside the firm's corporate, restructuring and banking practices. Highlight matters have included  Joanna Page leading the defence of an energy player's Indian subsidiary in UK litigation proceedings relating to the supply of liquefied petroleum gas. Calum Burnett heads the magic circle firm's UK litigation and investigations group, which includes partners such as leading individuals Lawson Caisley , Jonathan Hitchin and  James Partridge. Caisley's practice includes fraud and white-collar crime, cyber security breaches and shareholder disputes, with his sector expertise including private equity, aerospace and defence, technology and entertainment. Hitchin is well known for disputes arising during the acquisition and disposal of businesses, the failure of joint ventures, claims arising out of the insolvency and reconstruction of corporate entities, and fraud claims. Partridge meanwhile focuses on asset finance disputes in the aviation and shipping sectors, derivatives-related cases, and disputes involving the interpretation of complex commercial and financial agreements. Other well-regarded individuals are Alice Englehart and Richard Farnhill, along with counsel Sarah Garvey and senior associate Helen Biggin. In a boost to the investigations team Eve Giles was hired as partner in the white-collar crime team from Kingsley Napley LLP.

Testimonials

Jonathan Hitchin is a superb litigator with an increasing reputation in competition law disputes‘.

Joanna Page is a first-class litigator and inspires confidence from clients; she is always on top of the detail‘.

Commercial property: investment Tier 2

Allen & Overy LLP is routinely engaged for high-end, cross-border work for a prestigious roster of clients. The practice, which is led by global real estate head Imogen Moss, also advises landlords and tenants on the leasing and management of real estate investments, covering rent reviews, insurance and repair obligations. Moss plays an active role in the firm’s thriving headquarters practice and is also an expert on joint ventures and investments which use complex offshore structures. In a recent highlight, the team advised Westbrook Partners on its acquisition of the Sterling Industrial Platform, a portfolio of 28 UK logistic assets spanning over three million sq ft of lettable space. Well-regarded counsel Emma Willoughby represents a range of developers, landlords and tenants from the retail, office and industrial sectors.

Leading individuals

Next Generation Partners

Key clients

Oxford Properties

Evans Randall

THRE’s European

Cities Fund

China Vanke

Orion Capital Managers

Schroders

Westbrook

Competition litigation Tier 2

Representing primarily defendants, Allen & Overy LLP’s client base includes multinational companies and banks as well as  public-sector clients such as governments and governmental bodies. The team stands out for its wider expertise in areas such as litigation, intellectual property, and financial services. One distinguishing characteristic of the group is its strong presence in the financial sector, where the team is advising Citibank on various private enforcement actions taken as a result of the European Commission’s foreign exchange markets investigation. Antitrust private damages actions are a steady source of work for the team; ‘strong litigatorJonathan Hitchin often takes the lead in this regard. Clients have ‘the highest regard for the team’s wide-ranging expertise’, which covers other industries such as TMT and regulated sectors (particularly energy, water, rail, and air traffic control). Also recommended is Antonio Bavasso, who heads the global competition practice and is adept at handling media plurality issues. The team received a boost in April 2018, when criminal cartel specialist Eve Giles joined from Kingsley Napley LLP.

Testimonials

Team members are knowledgeable, resourceful, hard-working, and provide excellent service to clients

A top law firm in this field

Antonio Bavasso has a deep understanding of the law, but he is also innovative in utilising his knowledge

Jonathan Hitchin is a superb litigator with a growing reputation in competition litigation

Key clients

Micron Technology

21st Century Fox

441 Trust Company

Scania

Citibank UK

Corporate tax Tier 2

Allen & Overy LLP advises  on corporate, financial and real estate tax matters, covering all of these from both a transactional and advisory perspective. The department often draws on the firm's international presence to offer clients a full cross-border service. Financial services tax is a key area of expertise, under the leadership of group head Vimal Tilakapala, and clients include a mixture of banks and other financial institutions, particularly in relation to financings, capital markets issues and structured finance. Christopher Harrison leads the global tax practice and James Burton stands out for real estate tax work.

Testimonials

‘Very good for solutions – responsive, commercial, pragmatic, good value.’

‘Charles Yorke is very good at working through problems and arriving at pragmatic workable solutions.’

Key clients

21st Century Fox

Allianz

Citibank

Direct Line

Investec

Nationwide

Data protection, privacy and cybersecurity Tier 2

Allen & Overy LLP has made substantial investments in its data protection team over recent years and also benefits from the expertise of special adviser David Smith, the former deputy information commissioner at the UK ICO. The practice handles the full spectrum of data issues including compliance work, transactional support and contentious issues. Jane Finlayson-Brown and Nigel Parker jointly lead the team; Finlayson-Brown is experienced in compliance work and Parker focuses on cybersecurity mandates. The group also draws from the wider partner pool for cybersecurity work including litigator Lawson Caisley, employment specialist Sarah Henchoz and IP litigator Mark Ridgeway.

Leading individuals

Testimonials

Allen & Overy has wall-to-wall competence in all areas of providing advice and practical guidance. It is responsive and practical and has the perspective of the many different multinationals that it advises, and therefore can be very strategic.

Nigel Parker is a technical expert while also being extremely strategic and forward thinking. The firm also offers strategic privacy update and advisory information services and can provide creative billing solutions to practical problems.

Key clients

GlaxoSmithKline

Four Seasons Hotels

News UK

Ant Financial

Tesco

Booking.com

The Clearing House Association

Raymond James Financial

The Royal Bank of Canada (RBC)

Lloyds Banking Group

Exponent Private Equity

Cheval Property Holdings

GardenCare (Scotts Miracle-Gro International Consumer Business)

Photobox Limited

Virgin Money

Sage

The Cooperative

EU and competition Tier 2

At Allen & Overy LLP, the antitrust group advises on a full range of issues including merger control, cartels, market investigations, behavioural cases, and state aid. Demonstrating the depth of the department's expertise, the team acted for 21st Century Fox on its long-running £27.7bn takeover bid for Sky, which encompassed advice on merger control, regulatory controls, and contentious issues. Apart from its traditional client roster of large corporations and financial institutions, the department also receives instructions from governments and public-sector bodies. The London team has a strong track record handling complex cross-border work, with its expertise complemented by the strength of the firm's Brussels competition team in particular. Global antitrust group co-chair Antonio Bavasso , who is described by clients as a 'strategic thinker', advised 21st Century Fox in relation to its $71bn acquisition by the Walt Disney Company— a transaction that involved securing multiple merger clearances internationally. Also of significance is the team’s strong presence in the financial services sector, with Mark Friend and Philip Mansfield leading a team  acting for BNY Mellon on the first investigation opened by the UK Financial Conduct Authority (FCA) using its competition enforcement powers. Friend leads the London-based practice, where Alasdair Balfour, counsel Thomas Masterman and Dominic Long are also recommended.

Testimonials

Allen & Overy’s team has unquestionable expertise in EU competition law, it engages and communicates clearly, and produces high-quality deliverables

The strength of the firm’s development program for associates results in a team which is efficient across all levels, from partner to junior level

Team members are very commercially minded and adopt a practical approach to achieving clients’ key goals

Antonio Bavasso has wide-ranging expertise and a unique ability to grasp how the issues at stake fit into the bigger picture in light of his clients’ interests

Mark Friend stands out for his sharpness and commercial acumen. He is an immensely experienced practitioner possessing particular in-depth knowledge of both competition law and judicial review procedures

Alasdair Balfour is very practical and constructive

Counsel Thomas Masterman is a standout in this area

Key clients

21st Century Fox

Accenture

Arthur J. Gallagher & Co.

Allianz SE

The Blackstone Group

Bridgepoint Capital

Brookfield Asset Management

BT

BTG

Cisco

GitHub

Goldman Sachs

GlaxoSmithKline (GSK)

Hitachi

Hewlett-Packard

Iceland

Kingfisher

Lloyds Banking Group

Lufthansa

Macquarie Group

Marks & Spencer

Mubadala Investment Company

EMI Music Publishing

News Corporation

Qatar Petroleum

Reckitt Benckiser

Sky

The Gym Group

Total

TUI Group

Vue Cinemas

WPP Group

Financial services: non-contentious/regulatory Tier 2

Experienced in advising on a range of contentious and non-contentious financial services matters, Allen & Overy LLP has particular expertise in handling regulatory investigations, as well as boasting  a financial services criminal defence capability covering anti-corruption and bribery, anti-money laundering, anti-trust and sanctions. The arrival of criminal defence lawyer Eve Giles from Kingsley Napley LLP further strengthens the team in this area. The contentious practice, led by Calum Burnett, works closely with A&O's regulatory lawyers and recently established regulatory consulting business, A&O Consulting. Notable in the team is Mahmood Lone, who specialises in acting on high profile investigations into alleged market abuse and manipulation. Damian Carolan heads the non-contentious regulatory group that acts for investment and retail banks, asset management firms and trade bodies across a range of advisory and transaction-related regulatory issues. His team includes Kate Sumpter, who has expertise dealing with complex regulatory-driven structural change projects for UK and international banks.

Next Generation Partners

Fintech Tier 2

Standing out for the strength of its financial services regulatory practice, Allen & Overy LLP's 'capable and responsive' team acts for clients across the spectrum of fintech, where the team advises on corporate and financing transactions, regulatory compliance, and the structuring of lending platforms. Jane Finlayson-Brown stands out for her in-depth knowledge of information technology requirements, particularly the exploitation of data, an area in which she is frequently instructed by financial institutions looking to capitalise on opportunities to develop data driven products and services.

High yield Tier 2

Of the Magic Circle firms, Allen & Overy LLP has made the biggest inroads into the high yield market and clients remark that is has 'a very well organised team with exceptional market insight that is capable of delivering creative yet executable solutions'. Practice head Kevin Muzilla leads a five-partner team, making it one of the deepest benches in London,  and it works closely with the firm's market-leading practices in banking, leveraged finance and debt capital markets, corporate and restructuring. Its client base encompasses underwriters, sponsors and issuers including Metinvest and Iceland Foods. Jeanette Cruz handled new issuance for Metinvest. Matthias Baudisch and John Kicken handled a €3.5bn bank/bond merger financing; Jake Keaveny focuses on work for underwriters.

Testimonials

‘Very well organized team with exceptional market insight – capable of delivering creative yet executable solutions.’

Key clients

Intralot

PAI Partners

Metinvest

KCA Deutag

Perstorp Holding AB

Arqiva

IHO Holding

Iceland Foods

Schaeffler

Balta

Triton

Davidson Kempner Capital Management

Insurance: corporate and regulatory Tier 2

Allen & Overy LLP's 'seen-it-all, done-it-all team' insurance team works closely with the firm's corporate department, advising on premium domestic and European M&A deals. The practice's work also includes pensions buy-ins, de-risking and Solvency II implementation cases, whilst a bespoke team provides AGM and annual reporting support for insurer clients. Practice head Philip Jarvis and Kate McInerney make for an 'outstanding' team; McInerney, who was promoted to partner in 2019, played a key role for the Co-op on the sale of its insurance underwriting business, CIS General Insurance Limited, to Markerstudy.

Leading individuals

Next Generation Partners

Testimonials

‘The Allen & Overy insurance team is a seen-it-all, done-it-all team with strength in depth experience in all aspects of pensions insurance from collateralised buy-ins to umbrella arrangements to longevity swaps to complex Part VII transfers.’

‘Philip Jarvis and Kate McInerney are an outstanding team. Technical expertise coupled with commercial, collaborative nouse.’

Key clients

Prudential

Aviva

Rothesay Life

Quilter

Hiscox

AEGON

VIVAT

The Trustees of the Airways Pension Scheme

MS&AD Insurance Group Holdings

Catalina

Athora

Direct Line

International arbitration Tier 2

Allen & Overy LLP 'provides excellent project management and works in diverse teams across jurisdictions and professions'. The practice has a long-established London-based arbitration team, which handles both commercial and investor-state arbitrations. The team is particularly active in arbitrations involving insurance, banking, finance and complex financial products and infrastructure and construction projects. Richard Smith specialises in international arbitration and insurance coverage arbitrations, particularly those conducted under the Bermuda Form insurance policy; gas price arbitration expert Mark Levy QC took silk in 2019; and recently promoted partner James Freeman has significant experience in energy disputes. The other names to note are Kate Davies, along with senior associates Sunil MawkinNaomi Briercliffe and Guled YusufSuzanne Spears was hired from Volterra Fietta.

Testimonials

The team has significant expertise in oil and gas litigation, including price reviews of long-term supply contracts and post-M&A disputes; the team also has experience of more remote jurisdictions, such as Kazakhstan and various jurisdictions in West Africa‘.

Mark Levy QC stands out as an expert in pricing disputes‘.

James Freeman is very hardworking, diligent and committed‘.

Key clients

Shell

South Stream Transport

Johnson & Johnson

Qatargas

Kempinski Hotels

International Finance Corporation

OPEC Fund for International Development

Reliance Industries

Manchester United

M&A: upper mid-market and premium deals, £500m+ Tier 2

Allen & Overy LLP advises FTSE100 and FTSE250 clients on a range of corporate M&A transactions, with a particular focus on deals with a heavy finance component. Key sector strengths include technology (TMT), media and telecommunications, life sciences and financial institutions. In the TMT sector, the firm advised 21st Century Fox on its unsuccessful bid for Sky and the subsequent sale of its 39% stake in Sky to Comcast. David Broadley and Seth Jones both took lead roles on this matter, and on the sale of the same client to Walt Disney for £71bn. They were assisted by senior associate Alex Tilley, who clients recommend for his 'practical and pragmatic advice'. Richard Hough frequently represents funds, investors and banks on corporate transactions in the financial services sector, bringing substantial Takeover Panel experience to bear. The practice is headed by Dominic Morris .

Leading individuals

Next Generation Partners

Testimonials

‘My first choice for a UK-based M&A transaction

Excellent market knowledge, very commercial, pragmatic and practical advice

Building a great team for public M&A over recent years, giving real bench strength with strong associates coming through.

Excellent availability and prompt, considered advice coupled with superb project management .’

Dominic Morris possesses excellent market knowledge. He offers very commercial, pragmatic and practical advice, with excellent tactical insights

Alex Tilley offers pragmatic and practical advice, with excellent attention to detail and excellent leadership of transactions

‘Seth Jones is highly impressive, composed with first-class legal skills

Key clients

21st Century Fox

Aviva

GSK

Imperial Brands

Novartis

Thomas Cook

Thomson Reuters

Virgin Group and Virgin Money

WPP

Royal Dutch Shell

Tesco

Worldpay

Associated British Foods

BT

Deutsche Bank

Total

TT Electronics

Quilter (formerly Old Mutual Wealth)

TP ICAP

Prudential

Media and entertainment (including media finance) Tier 2

Allen & Overy LLP is engaged by global media companies on advertising and content production, network distribution and technology-related mandates.  It is also able to offer expertise across corporate transactions, finance, IP, antitrust, regulatory, employment, real estate and commercial work. The department is regularly engaged on cross-border transactions, leveraging the firm's extensive global footprint; it advised long-standing client, 21st Century Fox on its acquisition by The Walt Disney Company.

Key clients

21st Century Fox

News Corporation

Metro-Goldwyn Mayer-Studios (MGM)

Warner Bros.

Acamar Films (BING BUNNY)

Sky Italia

Thomson Reuters

Facebook

Virgin Media

Danjaq / James Bond

Mining and minerals Tier 2

The global mining group at Allen & Overy LLP works with renowned mining supermajors such as Vale, Rio Tinto, BHP and Anglo American across a wide range of practice areas including M&A, projects, banking and finance, capital markets, antitrust, dispute resolution, environmental and derivatives. In London, the team is led by head of corporate Dominic Morris, who advised EMR Capital alongside Perth-based Geoff Simpson on the acquisition of an 80% interest in the Lubambe Copper Mine in Zambia from Africa Rainbow Minerals and Vale.

Key clients

Rio Tinto

Vale

Randgold Resources plc

Sirius Minerals plc

NordGold

Anglogold Ashanti

Cameco Corporation

Fortescue Metals Group

Sherritt International Corporation

Resource Capital Funds

Real estate funds Tier 2

Mandates involving real assets are a key area of specialism for the broader asset management department at Allen & Overy LLP, which is strengthened by expertise from the firm's real estate M&A, real estate finance and tax practices. A sizeable Luxembourg office is another source of support. The group is marked out by integrated expertise on the Alternative Investment Fund Managers (AIFM) directive and US regulation, in addition to Financial Conduct Authority (FCA) rules. The practice often advises major pensions funds, sovereign wealth funds and financial institutions on investments, co-investments and fund-of-one arrangements. Joint heads of team Matthew Huggett, Nick Williams and Pavel Shevtsov are all recommended. Huggett is noted for his national and international regulatory knowledge. Senior associate Dominic Von Wulffen often advises institutional investors, including sovereign wealth funds.

Key clients

Nuveen Real Estate

M&G

Hines

Aviva Investors

Tishman Speyer

Goodman

Cain International

Meyer Bergman

Local Government Pension Scheme

Social housing: finance Tier 2

Allen & Overy LLP's enviable market presence is evidenced by the fact that it has appeared in the overwhelming majority of listed bond issues connected with the UK social housing sector since 2008. Its broader practice also encompasses structured finance, real estate finance, securitisation and corporate trustee mandates. Consultant Geoff Fuller heads the team, which also includes Greg Brown and senior associate Amanda Lemesle Adams.

Key clients

London & Quadrant

Lloyds Bank plc

Clarion Housing Group

Prudential Trustee Company Ltd

Places for People Group

Royal Bank of Canada

HSBC Bank plc

Banco Santander SA

Royal Bank of Scotland

Tax litigation and investigations Tier 2

The 'high-quality individuals' that make up Allen & Overy LLP's team ensure the firm stands out for its financial services tax disputes experience, which includes administrative disputes, regulatory investigations and litigation, often with an international perspective. The group also handles disputes arising from corporate and real estate transactions. Vimal Tilakapala, who has expertise in alternative dispute resolution methods, leads the team, which includes corporate tax specialist Lydia Challen  and  Charles Yorke , who is noted for financial sector tax disputes.

Testimonials

A group of clever, hard-working lawyers with a good sense of commercial realities and what it takes to win cases

Charles Yorke is particularly astute and very client-centred

The team has deep technical expertise

Key clients

Investec

PwC

Lloyds

Administrative and public law Tier 3

Allen & Overy LLP provides an integrated approach to public law, offering expert advice in judicial review proceedings to a broad range of clients in the private sector. Large-scale transactions where public and administrative law issues arise are another point of strength, and the team has considerable experience in issues relating to broadcasting licensing, media pluralism and data protection. The team often assists financial sector clients with their interactions with the relevant regulators, including regulatory challenges in the High Court. Practice head Andrew Denny and senior associate Maeve Hanna also act on issues pertaining to human rights, including a recent Supreme Court intervention in a case regarding the UK government’s obligations under the Refugee Convention.

Leading individuals

Testimonials

Andrew Denny has an instinctive eye and a broad understanding of public law issues. The lawyers he leads are experienced and hardworking and together they make a formidable team

The team at Allen & Overy has a broad range of experience and is responsive, hardworking and thorough

Great responsiveness and a truly impressive knowledge of public law

Sarah Garvey is extremely knowledgeable, client oriented and very pleasant to deal with

Antonio Bavasso and his team have first-class expertise, judgement and commitment to client care

Antonio Bavasso has excellent judgement in representing clients on sensitive issues of public policy

Key clients

21st Century Fox

Bail for Immigration Detainees

The AIRE Centre

Chartered Institute of Management Accountants

Lubrizol

Commercial contracts Tier 3

Allen & Overy LLP is known for advising on high-value commercial projects, corporate transactions and joint ventures, and multi-jurisdictional projects. The practice is co-led by Jim Ford, Jane Finlayson-Brown, Tom Levine and Nigel Parker. Their team advised Lloyds Banking Group on its strategic partnership with Schroders in the wealth, investment and financial planning sector.

Next Generation Partners

Key clients

Lloyds Banking Group

News UK

Co-operative Group

GlaxoSmithKline

Prudential

IHS

Deutsche Bank

Marks and Spencer

Virgin Active

Contruction: non-contentious Tier 3

Allen & Overy LLP's non-contentious practice advises on a range of matters relating to commercial offices, bank headquarters, shopping centres and energy and infrastructure projects. The firm specialises in PFI/PPP and finance related work, acting for investment banks, hedge funds and sovereign wealth funds.

Fraud: white-collar crime Tier 3

Allen & Overy LLP made a significant push into the white collar market with its hire of the well-regarded Eve Giles from Kingsley Napley LLP to head up its investigations team and bolster its ability to represent individuals in high profile criminal investigations. The team has experience acting for corporates and individuals and its areas of focus include advising on FX investigations, allegations of money laundering, insider dealing and market abuse, as well as anti-bribery and corruption investigations, data protection and cybercrime matters. The firm is involved in a number of standout corporate crime matters involving investigations by organisations such as the Serious Fraud Office and the Financial Conduct Authority. In London, Giles' practice complements those of regulatory and corporate crime partners Arnondo Chakrabarti and Jonathan Hitchin. Outside the UK, Allen & Overy has criminal practitioners in offices including the US, Netherlands, France, Hong Kong and Germany.

Leading individuals

Testimonials

‘A&O is a huge and highly skilled firm, with great skills across the board.’

‘The addition of Eve Giles, from Kingsley Napley, brings some old-fashioned and deep criminal experience to complement the firm’s existing litigation skills.’

‘Eve Giles is dedicated and clever, with great tactical awareness. She provides exceptional client care and is detailed, meticulous and persistent.’

Key clients

Individual in the SFO’s Rolls Royce investigation

Individual in the SFO’s investigation into G4S

Individual in the SFO’s investigation into Rio Tinto

IT and telecoms Tier 3

Allen & Overy LLP's telecoms sector group combines its reputation for M&A with regulatory and commercial expertise; in a recent highlight, the team was instructed by Huawei in high-profile litigation against Conversant, relating to Conversant's claim for a declaration that it has offered FRAND terms in respect of its standard essential patent license. Practice head Tom Levine has substantial telecoms sector expertise and regularly handles telecoms projects in developed and emerging markets, while Mark Heaney is a name to note for hi-tech patent litigation. Recently promoted counsel Andrew Kenning works closely with Levine.

Leading individuals: Telecoms

Key clients

Veon

EE (BT)

Liberty Global / Virgin Media

Deutsche Telekom

MTN

Telenor

Yahsat

Tesco

Idea Cellular

Sky

Pensions: dispute resolution Tier 3

The 'phenomenal' team at Allen & Overy LLP advises an extensive list of household name trustees and sponsors on all key issues facing the pensions market including defined contribution master trust implementation, restructuring exercises (including ring-fencing mandates in the banking sector), derisking exercises and GDPR compliance. In addition to their advisory work, Neil Bowden, Maria Stimpson and Jane Higgins have recently been involved in some of the industry’s leading disputes in the High Court concerning GMP equalisation and scheme rectifications. Recently made-up partner Andy Cork has particular expertise on insurance buy-in matters.

Testimonials

Top-level, reliable and there when needed

Allen & Overy builds great relationships, with expertise in the subject matter and a practical business know-how

Andy Cork and Dana Burstow have an empathetic nature, with the ability to engage with clarity and respect

Neil Bowden has a deep knowledge of pensions law

Key clients

Lloyds Banking Group Pensions Trustees Limited

The Trustee of the BT Pension Scheme

The Trustee of the ICI Pension Fund

The Trustee of the Pfizer Group Pension Scheme

The Trustee of the Thomson Corporation Pension Scheme (Thomson Reuters)

RSA Insurance Group Plc

Prudential Plc

The Trustee of the IHG UK Defined Contribution Pension Plan

Co-operative Group Limited

News UK

Private equity: transactions – high-value deals (£250m+) Tier 3

At Allen & Overy LLP, the private equity team includes  'high-quality specialists and corporate leaders', according to clients. Significant new client wins include PE giant Blackstone and Ardian Buyout Fund. Karan Dinamani advised the latter on the multi-million pound acquisition of a majority stake in international education provider Study Group from Providence Equity Partners. Meanwhile, in one of the largest M&A transactions in Baltic history, Dinamani and Stephen Lloyd advised Blackstone on its acquisition of a 60% stake in Luminor Bank for €1bn, from Nordea and DNB. Lloyd heads the practice, which also includes Peter Banks and Gordon Milne , in addition to Dinamani.

Testimonials

A hard-working team of pragmatic advisers that delivers seamlessly across multiple jurisdictions‘.

The team is highly capable from senior partner to junior associate and is the most cohesive and well structured legal team I have ever worked with. Junior members of the team are on top of the details and understand their work streams impeccably; the senior partners are on top of all the key pieces of information and are proactive rather than reactive. I never at once felt that I didn’t receive 100% of a partner’s attention, time, care and dedication‘.

Stephen Lloyd and Karan Dinamani are both technically and practically strong; they deliver advice pragmatically‘.

Karan Dinamani’s raw intellect and ability to pick up new concepts or learn about new industries is mind-blowing. He is available 24/7 and he genuinely has the best interests of his client at heart.”

Key clients

Blackstone

Ardian Buyout Fund

Exponent Private Equity

Apax Partners

OMERS Private Equity

PAI Partners

The Carlyle Group

Advent International

Charterhouse Capital Partners

H.I.G. Capital

3i Group plc

Commercial property: retail Tier 4

Allen & Overy LLP is routinely engaged for high-end, cross-border work for a prestigious roster of clients. The practice, which is led by global real estate head Imogen Moss, also advises landlords and tenants on the leasing and management of real estate investments, covering rent reviews, insurance and repair obligations. Moss plays an active role in the firm’s thriving headquarters practice and is also an expert on joint ventures and investments which use complex offshore structures. In a recent highlight, the team advised Westbrook Partners on its acquisition of the Sterling Industrial Platform, a portfolio of 28 UK logistic assets spanning over three million sq ft of lettable space. Well-regarded counsel Emma Willoughby represents a range of developers, landlords and tenants from the retail, office and industrial sectors.

Key clients

Oxford Properties

Evans Randall

THRE’s European

Cities Fund

China Vanke

Orion Capital Managers

Schroders

Westbrook

Property litigation Tier 4

Working in close conjunction with its real estate and finance teams and rated for its 'pragmatic advice', Allen & Overy LLP's client roster includes corporates, banks and other financial institutions alongside property investment funds and private equity houses. Typical work includes dilapidation claims, disputes arising from head office moves and rent reviews as well as contentious investment and development issues. Imogen Moss heads the 'very commercial' team, which includes 'calm and very organised' consultant and main contact for Telecoms Code advice and rent reviews Jane Fox-Edwards.

Leading individuals

Testimonials

Technically capable and able to think strategically to find solutions.

Key clients

Uniper UK

Imperial College Healthcare NHS Trust

Schroder UK Property Fund

West End of London Property UnitTrust (WELPUT)

Orion Capital Managers

Private funds Tier 5

The asset management team at Allen & Overy LLP has a two-thirds to one-third split between GP representation and LP representation. In one highlight, a group led by Pavel Shevtsov and Nick Williams reviewed over 50 investment management agreements for various pension funds and sovereign wealth funds for investments totalling over £30bn. Private equity fund work has been a key growth area for the team, which also handles real estate and infrastructure mandates. The firm's presence in Luxembourg and other European jurisdictions lends further support to the London practice. Also recommended is Matthew Huggett, who leads the team together with Shevtsov and Williams. Nick Smith joined the London offering from the Dubai team.

Testimonials

Knowledgeable, familiar with the market and incredibly responsive

Pavel Shevtsov’s team responds incredibly quickly‘.

.’We have had a very positive experience with the team as a whole. Pavel Shevstov and the rest of the team are knowledgeable and responsive‘.

Key clients

Aviva Investors

Electra Private Equity

Macquarie

Sightway

Corestate

Allen & Overy is an international legal practice comprising Allen & Overy LLP and its affliated undertakings (collectively described below as ‘Allen & Overy’).

The firm: Allen & Overy is an international law firm providing legal services for global business and industry, with approximately 5,400 staff, including some 550 partners, working in over 40 offices across 30 countries serving businesses, financial institutions and governments where there is a need for decisive legal advice on complex transactions. Allen & Overy is one of the few firms that can truly claim to have integrated international law, local law and U.S. law capabilities within the firm.

Allen & Overy’s legal expertise and knowledge of key players and authorities provide a tangible competitive edge for its clients, whether they are raising capital, buying or selling businesses, or restructuring for competitive reasons.

Types of work undertaken: Allen & Overy provides a full range of legal services in the following areas: banking; business reconstruction and insolvency; telecommunications; media and technology; corporate and commercial; derivative products; EC and competition law; employment, pensions and incentives law; environmental; financial services; insurance; intellectual property; international capital markets; litigation; MBOs; mergers, acquisitions and takeovers; PFI/PPP; projects and project finance; real estate (commercial); securitisation; and land tax (corporate).

Through its network of offices, Allen & Overy advises private companies, international conglomerates, governmental agencies, banks, and other financial and commercial institutions, wherever there is a need for legal advice from experienced international practitioners.

Allen & Overy has lawyers qualified in more than 30 countries, speaking 56 languages. The combination of local expertise and experience in major international transactions ensures clients receive consistent quality. Deals can be controlled around the clock if necessary and each overseas office has a support group in London comprising lawyers with experience in that particular country, able to provide backup when required.

Other offices: Abu Dhabi, Amsterdam, Antwerp, Bangkok, Barcelona, Beijing, Belfast, Bratislava, Brussels, Budapest, Casablanca, Dubai, Düsseldorf, Frankfurt, Hamburg, Hanoi, Ho Chi Minh City, Hong Kong, Johannesburg, Istanbul, Luxembourg, Madrid, Milan, Moscow, Munich, New York, Paris, Perth, Prague, Rome, São  Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Warsaw, Washington, D.C., Yangon

Associated offices: Bucharest, Jakarta

Cooperation office: Riyadh

Department Name Email Telephone
Senior partner Wim Dejonghe
Managing partner Andrew Ballheimer
Asset finance Mario Jacovides
Leveraged finance Jonathan Brownson
Banking Philip Bowden
Banking Andrew Thomas
Business reconstruction and insolvency Ian Field
Corporate and commercial Richard Browne
Derivative products David Benton
EC and competition law Mark Friend
Employment Mark Mansell
Energy Gareth Price
Energy Jeremy Parr
Environmental law Matthew Townsend
Financial services Nick Bradbury
Incentives Paul McCarthy
Insurance Philip Jarvis
Intellectual property David Stone
International capital markets David Benton
International capital markets Simon Hill
Litigation Tim House
MBOs Stephen Lloyd
Mergers, acquisitions and takeovers Richard Browne
Pensions Neil Bowden
PPP/PFI David Lee
Projects and project finance Gareth Price
Real estate Imogen Moss
Securitisation Salim Nathoo
Tax (corporate) Vimal Tilakapala
Telecommunications, media and technology Tom Levine
Telecoms finance Philip Bowden
Number of UK partners : 181
Number of other UK fee-earners : 783