Allen & Overy LLP > New York, United States > Firm Profile

Allen & Overy LLP
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
United States

Industry focus > Energy: renewable/alternative power Tier 1

Chaired by Kent Rowey in New York, the ‘always available, very knowledgeable, and personable‘ team at Allen & Overy LLP is a multifaceted group which brings together considerable experience in guiding clients through the full life-cycle of a renewable power project. Although it is well positioned to handle energy project M&A, exit strategies, project structuring, construction and regulatory matters, it stands out in the market for its wide-ranging capabilities in the financing space. Testament to this is the group’s involvement in some of the largest and first-of-their kind transactions on behalf of major sponsors, developers, project companies and financiers across the renewable energy spectrum. The practice has experienced a significant expansion over the past year, following the addition of six market-leading partners from Akin Gump Strauss Hauer & Feld LLP, along with the opening of its West Coast offices. Daniel Sinaiko, who is retained by clients in relation to their most complex and high-value transactions in the alternative power sector, is a thought leader on power and renewables. He is based in Los Angeles, where Matthew Nesburn is go-to advisor for large foreign energy companies breaking into the North American market. John Marciano in Washington DC is praised for his longstanding expertise in tax equity and project finance. All three practitioners joined from Akin Gump Strauss Hauer & Feld LLP in March 2021. Sam Kamyans in DC, whose experience covers tax equity and carbon capture project financing, and New York-based Greg Lavigne, who has led on the financing of the first syndicated tax equity investment fund and the first solar and storage peaker plant in the world, are also among the recent arrivals.

Practice head(s):

Kent Rowey

Other key lawyers:

Dan Sinaiko; John Marciano; Matthew Nesburn; Sam Kamyans; Andrea Lucan; Greg Lavigne; Sami Mir

Testimonials

‘Deep “know-how” in Renewables’.

‘John Marciano is an expert in tax equity and project finance.’

‘The entire team we work with at A&O is stellar. They are always available, very knowledgeable, and personable.’

‘Dan Sinaiko and John Marciano are recommended.’

‘The Energy team at A&O is exceptional in their subject matter knowledge and commercial approach to being true partners in a transaction. I have utmost trust in their expertise and counsel.’

‘John Marciano, and their partners and associates are true partners to our team on transactions that bridge numerous technologies and tax structures. They are excellent at tapping other resources and experts within their firm to help get deals done.’

‘The A&O team builds off of precedent of leading some of the most innovative transaction in market. Combined with their professionalism and deep commitment to building relationships, any prospective client would be hard-pressed to find a better firm or team to trust with their business.’

‘This is truly one of the premier renewables finance practices in the US. Attention to detail. Tough but commercial negotiating. Thought leaders.’

Key clients

Clearway Energy Group LLC

The Carlyle Group

SunPower

Ørsted

Voya

Summit Carbon Solutions

CIM Group

Tokyo Gas

Inter-American Investment Corporation (IDB Invest)

ENGIE

Vitol Inc.

TOTALEnergies

Swell Energy Inc.

Macquarie Capital’s Green Infrastructure Group

ING Capital, LLC and RBC Community Investments, LLC

JERA Renewables

Repsol Renewables North America

InfraRed Capital US

Apollo Global Management

Clearway Energy Group LLC

The Carlyle Group

SunPower

Ørsted

Voya

Summit Carbon Solutions

CIM Group

Tokyo Gas

Inter-American Investment Corporation (IDB Invest)

ENGIE

Vitol Inc.

TOTALEnergies

Swell Energy Inc.

Macquarie Capital’s Green Infrastructure Group

ING Capital, LLC and RBC Community Investments, LLC

JERA Renewables

Repsol Renewables North America

InfraRed Capital US

Apollo Global Management

Clearway Energy Group LLC

The Carlyle Group

SunPower

Ørsted

Voya

Summit Carbon Solutions

CIM Group

Tokyo Gas

Inter-American Investment Corporation (IDB Invest)

ENGIE

Vitol Inc.

TOTALEnergies

Swell Energy Inc.

Macquarie Capital’s Green Infrastructure Group

ING Capital, LLC and RBC Community Investments, LLC

JERA Renewables

Repsol Renewables North America

InfraRed Capital US

Apollo Global Management

Work highlights

  • Advised CIM Group on a 250 MW solar PV project called Aquamarine being developed in San Joaquin Valley, California.
  • Advised Clearway Energy Group on the sale of a 1.6 GW portfolio of utility-scale renewable energy projects located in Texas, California, Hawaii and West Virginia to a partnership engineered by the client between Hannon Armstrong and Clearway Energy, Inc.
  • Advised Summit Carbon Solutions in connection with financing a carbon capture project consisting of a series of ethanol plants, pipeline infrastructure, and sequestration formations.

Dispute resolution > International litigation Tier 2

Allen & Overy LLP‘s impressive international network and cross-border litigation expertise attracts a range of high-profile global corporates to its client roster. In New York, Andrew Rhys Davies and Jacob Pultman jointly lead the team and, alongside Bradley Pensyl, have a breadth of experience in corporate, regulatory and financial services sector disputes. For regulatory securities and anti-corruption matters, David Esseks and Eugene Ingoglia are names to note. The group has a strong intellectual property practice and technology sector client base and has continued to expand its West Coast capabilities with the launch of new offices in Silicon Valley and San Francisco in 2021. With a complementary international arbitration practice, the team is also a popular choice for litigation matters with parallel arbitral proceedings or enforcement issues.

Practice head(s):

Andrew Rhys Davies; Jacob Pultman

Other key lawyers:

Bradley Pensyl; David Esseks; Eugene Ingoglia; Patrick Pearsall; Julian Moore

Testimonials

‘I’ve been impressed with their responsiveness and practical counsel. In particular, we’ve needed them to seek injunctive relief for us on short notice and A&O did a terrific job.’

‘Jacob Pultman and Andrew Rhys Davies have done a fantastic job. We’ve needed some quick action and they did a great job.’

Key clients

Refinitiv India Private Limited

Samsung SDI

Bank of China Hong Kong Limited

Argo Infrastructure Partners

GKN PLC

Bridgepoint Group Limited and Watkins Holdings S.à r.l.

International Car Wash Group

Intermediate Capital Group

Studio 100 NV

Juster Properties

Imperial Brands PLC

EQT Infrastructure Limited

Luxshare Ltd.

Blue Phoenix

Conrac Newark Airport

Daniel Tietz

Work highlights

  • Advising a Northern European financial institution on money laundering investigations by the US Department of Justice and by bank regulators in the US and multiple European jurisdictions.
  • Representing a UK headquartered publicly traded company in a global FCPA investigation by the DOJ and SEC concerning potential issues in Brazil, Peru, India, and China.
  • Representing Luxshare (a Hong Kong corporation in the business of manufacturing consumer electronics, automotive parts, and other electronic components) in an arbitration against ZF Automotive US to recover damages for fraud and breach of contract in connection with Luxshare’s acquisition of two business units from ZF US for nearly a billion dollars.

Finance > Commercial lending Tier 2

In the words of one client, Allen & Overy LLP has ‘rapidly built their banking and finance practice since Jake Mincemoyer joined the team’. Mincemoyer, who arrived in February 2021 from White & Case LLP to lead the leveraged finance practice, has since been joined by fellow former White & Case practitioners Stanimir Kostov and Gordon Mak, who arrived in May and June 2021 respectively, as well as Ilona Potiha, recruited from Davis Polk & Wardwell LLP in October 2021. The result of these developments is that the firm has a highly proficient lender-side practice, which is solicited by both banks and alternative lenders on all types of leveraged finance facilities, including asset-based loans, high-yield debt offerings and debtor-in-possession financings. Below partner level, counsel Joseph Furst stands out.

Practice head(s):

Jake Mincemoyer

Other key lawyers:

Gordon Mack; Ilona Potiha; Rajani Gupta; Judah Frogel; Stanimir Kostov; Joseph Furst

Testimonials

‘A&O has rapidly built their banking and finance practice since Jake Mincemoyer joined the team early last year. It is early days yet, but Jake has been instrumental in building the banking and finance platform over the course of the past 12 months.’

‘I have worked with Jake extensively at his prior firm. He is a sophisticated lawyer who handles complex finance transactions and handles with ease any complexities arising therefrom.’

They are the absolute best. Market leading practice with great depth in their bunch. Extremely commercial, smart, sophisticated. On the very cutting edge of the leveraged market.’

Key clients

Bank of America

Barclays

BMO Capital Markets

Citibank

Coherent, Inc.

Colfax Corporation

Credit Suisse

Deutsche Bank

Goldman Sachs

Golub Capital

Jefferies

JPMorgan

Macquarie Capital

Morgan Stanley

Nomura

RBC Capital Markets

Scotiabank

Work highlights

  • Advised Bank of America on a $2.19bn first lien term loan facility to SRS Distribution Inc. and certain of its affiliates.
  • Advised Credit Suisse on first lien closing date initial term loans of $955m, revolving commitments of $165m and delayed draw commitments of $200m
  • Advised Credit Suisse as administrative agent on a $1.307bn first lien term loan for the acquisition of TricorBraun Holdings, Inc. by AOT Packaging Products Acquisition Co LLC.

Finance > Project finance

Allen & Overy LLP has made significant strides in recent years, and now has diverse and highlight regarded projects team, capable of advising both lenders and sponsors on a wide array of energy and infrastructure projects. The March 2021 arrival of Akin Gump Strauss Hauer & Feld LLP‘s renewables team, which included among others Daniel Sinaiko in Los Angeles and John Marciano in Washington DC, has added significant expertise in tax equity financing in the solar and wind arenas, as well as increasing the firm’s profile in the growing battery storage space. On the infrastructure side, the group continues to be a go-to department for P3 projects; as a recent example, practice head Kent Rowey, who splits his time between LA and New York, leads a team that is advising the financial sponsors on the project to develop Terminal One at John F. Kennedy International Airport in New York. The firm’s involvement in cutting-edge projects is displayed further by DC partner Sam Kamyans' work leading a team which is advising on a first-of-its-kind integrated carbon capture project.

Practice head(s):

Kent Rowey

Other key lawyers:

Dorina Yessios; Sami Mir; Jean Lee; Jillian Ashley; Daniel Sinaiko; John Marciano; Sam Kamyans; Greg Lavigne; Jenn Wnek; Matt Nesburn

Testimonials

‘GREAT team!’

‘Strong client commitment to support and succeed Comprehensive services covering all areas of our project development and financing and our corporate legal support Introductions to potential investors and strategic partners Strong Tax Equity knowledge Strong project finance practice Available at all hours’

‘Good communication skills They focus on finding solutions on how we can best achieve our objectives, rather than advise that they are not viable’

‘The A&O team builds off of precedent of leading some of the most innovative transactions in market. Combined with their professionalism and deep commitment to building relationships, any prospective client would be hard-pressed to find a better firm or team to trust with their business.’

‘John Marciano, Dan Sinaiko, Greg Lavigne, Jenn Wnek and Matt Nesburn are each best in class & I always trust them to handle any matter in the most commercial and expeditious way possible.’

Key clients

Ørsted Onshore North America, LLC

The Carlyle Group

Clearway Energy Group

Crédit Agricole Corporate and Investment Bank (CA-CIB)

Banco Bilbao Vizcaya Argentaria (BBVA)

Natixis S.A. (Natixis)

Eksport Kredit Fonden (EKF)

Bancomext

ING Capital, LLC

RBC Community Investments, LLC

Macquarie Capital’s Green Infrastructure Group

Swell Energy Inc.

SunPower

CIM Group

Tokyo Gas America LTD

InfraRed Capital

Summit Carbon Solutions, LLC

BNP Paribas

Societe Generale

Sumitomo Mitsui Banking Corporation

Carlyle Infrastructure Partners

ENGIE North America

Mizuho Bank Ltd.

The Bank of Nova Scotia

Inter-American Investment Corporation (IDB Invest)

Work highlights

  • Advising a consortium representing the financial sponsors and airline sponsors in connection with the design, construction, finance, operation and maintenance of Terminal One at John F. Kennedy International Airport in New York.
  • Advised BNP Paribas, Societe Generale and Sumitomo Mitsui Banking Corporation as lenders on the financing Enel X AMPCI L1 SpA, in support of the acquisition and leasing of up to 433 electric buses and related charging infrastructure for the public transport system of Santiago, Chile.
  • Advised Ørsted on two tax credit safe harbor transactions with Southern Company (Haystack) and Steelhead (Helena).

Finance > Structured finance: derivatives and structured products Tier 2

Allen & Overy LLP's team in New York is most noted for its work with industry bodies, including regular advice on ESG issues. On the transactional front, the group has a strong track record in over-the-counter derivatives, spanning interest rates, currency, equities, commodities, longevity and mortality, as well as credit risk. The group has a niche in derivatives clearing issues, drawing on a familiarity with US and EU law. David Lucking heads the global international capital markets practice, and is an expert in derivatives and structured finance regulation. Deborah North (a board member of the Women in Derivatives group) is another key contact, with substantial experience in over-the-counter derivatives and structured synthetic products, in addition to cross-border security agreements. Senior associate James Bryson is another name to note.

Practice head(s):

David Lucking; Deborah North

Other key lawyers:

Testimonials

‘Perhaps the foremost derivatives practice in New York. Seamlessly weaving together their own New York law advice with their colleague’s English law and other jurisdictional legal advice.’

‘A client focus that makes it seem that nothing is too much trouble. Deborah North in particular manages to provide exceptional availability to clients.’

Key clients

LCH Limited

Market Risk Advisory Committee of the CFTC

Alternative Reference Rates Committee

LCH SwapAgent

Work highlights

  • Acted as New York and English legal counsel to LCH Limited (LCH), a member of the London Stock Exchange Group, on the transition of a very significant volume of cleared derivatives to risk-free rates.
  • Advised Market Risk Advisory Committee of the CFTC on a number of issues including supporting the transition from USD LIBOR to SOFR.
  • Advised the reporting subworking group of the ARRC regulatory working group on advocacy and relief requests from certain CFTC requirements in the context of the IBOR transition.

Finance > Structured finance: securitization Tier 2

Allen & Overy LLP‘s New York-based securitization practice provides a full service to clients, comprising underwriters, arrangers and US domestic and foreign issuers. The group is most known for its CLO work, and lawyers have experience in advising investment banks on the development of their CLO and warehousing platforms. Asset-backed securities are another strength, as are automotive, aircraft and equipment securitizations. Joint figureheads are Lawrence Berkovich, who focuses on syndicated and mid-market CLOs, also an area of specialism for co-head Nick Robinson, John Hwang, who has experience in SEC-registered offerings and private placements, and Christopher Jackson. Senior counsel Tracy Feng is another key individual with knowledge in property assessed clean energy transactions.

Practice head(s):

John Hwang; Lawrence Berkovich; Nick Robinson; Chris Jackson

Other key lawyers:

Tracy Feng; Derek Poon; Luke Maiman

Testimonials

‘A&O is always very responsive to requests and has impressive turnaround time on requests even when the team is very busy and when compared to similar law firms.’

‘Larry Berkovich does a great job at solving problems as they arise and is always happy to think creatively to adapt to complex issues which makes life much easier for his clients.

Luke Maiman is also a huge asset to A&O and is able to work well with other law firms to make negotiations easier for his clients.’

 

Key clients

Natixis North America

BofA Securities

Citibank N.A.

Sound Point Capital Management

RBC Capital Markets

Neuberger Berman

Société Générale

Carvana

Toyota Motor Credit Corporation

Stonepeak Infrastructure Partners

Falko Regional Aircraft Limited

British Airways

TD Bank

CIBC

Work highlights

  • Advised Carvana on ABS offerings including SEC-registered public, 144A and privately placed near-prime auto loan ABS transactions; bilateral warehouse facilities with lender banks; and forward flow loan sale facilities.
  • Advised Toyota Motor Credit Corporation as servicer and seller on with the issuance of auto lease ABS in multiple bilateral and syndicated amortizing and revolving facilities.
  • Advising Stonepeak Infrastructure Partners on the Rule 144A SALT 2021-1 securitization.

Industry focus > Environment: transactional Tier 2

Allen & Overy LLP supports domestic and international clients with a host of environmental matters in the context of transactions, including M&A, project finance, capital markets and real estate investments, and deal-related indemnity disputes. Singled out for its experience in cross-border matters, the team boasts a strong reputation for its expertise in identifying ESG risks on behalf of corporations, private equity sponsors, investors, lenders and portfolio companies. Recent areas of activity include ESG-linked credit facilities and mandates involving the new Equator Principles. Leading the global environmental law group is Ken Rivlin, who is go-to counsel to leading corporations operating in environmentally-sensitive industries. Felise Cooper is recommended for multi-jurisditional matters and the full-array of environment, health and safety (EHS) issues, while Maria Christopher-Bell is particularly noted for her work in drafting and negotiating environmental indemnity agreements. ESG is an area of particular focus for Nick Ognibene, who is also proficient in the analysis of environmental liability in the context of transactions. All named practitioners are based in New York.

Practice head(s):

Ken Rivlin

Other key lawyers:

Felise Cooper; Maria Christopher Bell; Nick Ognibene

Testimonials

‘Good, clear, efficient communication.’

‘Availability to discuss the case, and offer clarity in the chances we have as a company in the case.’

Key clients

General Electric

Under Armour

U.S. Department of Energy

Apollo Global Management

Equator Principles Association

The Carlyle Group

Intermediate Capital Group (ICG)

International Finance Corporation (IFC)

Citibank

Sabin Center for Climate Change Law of Columbia University

Tax > Financial products Tier 2

Allen & Overy LLP‘s group has vast experience in structuring and implementing major domestic and cross-border financial and corporate transactions. In terms of financial products, clients include a wide variety of corporations, insurance companies and funds. Areas of expertise include the taxation of financial instruments, including CLOs, securitizations and asset repackagings, as well as derivatives. The team also has a niche in FACTA and 871(m) dividend equivalent withholding tax. The practice is jointly led from New York by Dave Lewis, a global tax planning expert, and head of the US tax department Jack Heinberg, whose expertise encompasses the taxation of financial instruments, derivatives, CLOs and cross-border financing and securitizations. Senior counsel Caroline Lapidus has a strong practice pertaining to global capital markets taxation and cross-border real estate transactions (including REITs), in addition to the application of double tax treaties.

Practice head(s):

Dave Lewis; Jack Heinberg

Other key lawyers:

Caroline Lapidus; John Hibbard

Testimonials

‘Very approachable and proactive’

Key clients

SHV Interholding AG

Pendal Group Limited

Carvana

Blue Road Management

Stonepeak Infrastructure Partners

Macquarie Asset Management

Intralot Capital Luxembourg SA

Société Générale

Morgan Stanley

Work highlights

  • Advised SHV Holdings N.V. (SHV) on the USD360 million sale of Makro Peru, a food wholesale provider, to InRetail Peru Corporation, a company listed in Peru. SHV is one of the biggest private Dutch companies whose holdings include Makro, Nutreco, Mammoet, Eriks and SHV Energy.
  • Advised Pendal Group, the ASX-listed Australian asset manager, on its agreement to acquire Thompson, Siegel & Walmsley for AUD413m (USD320m), funded by an AUD380m total equity raising comprised of an AUD190m placement of new shares to institutional investors and an AUD190m share purchase plan to eligible retail shareholders.
  • Advised Blue Road Capital on its acquisition of Sweet Harvest Foods, a natural sweeteners platform and one of the largest processors of honey in North America, from an affiliate of Peak Rock Capital for USD102 million.

Antitrust > Civil litigation/class actions: defense Tier 3

The ‘very efficient and pragmatic’ attorneys at Allen & Overy LLP‘s antitrust practice excel at defending clients in the financial services sector as well as in the technology and pharmaceutical space. The firm, which is well regarded in the market for its global reach, has also recently been involved in cases pertaining to the food and automotive industry. In August 2021, the firm added technology and pharmaceutical sector specialist Noah Brumfield, previously at White & Case LLP, to its DC bench. He is praised for being ‘an outstanding antitrust lawyer who deeply understands clients’ business’ and joins New York-based Elaine Johnston as co-head. John Roberti left the firm in March 2022.

Practice head(s):

Elaine Johnston; Noah Brumfield

Other key lawyers:

Testimonials

‘Very efficient and pragmatic advisors’

‘Full service firm capped with excellent lawyers in all legal areas.’

‘Noah Brumfield is an outstanding antitrust lawyer who deeply understand clients’ business and can provide clients with practical legal advice.’

Key clients

Merz Pharmaceuticals

Samsung SDI

Barclays Bank Plc

BNP Paribas

Robert Bosch

Cargill

Tri-Union Seafoods

Wonderland Company Inc.

Hytera Communications

Tax > International tax Tier 3

The international tax team at Allen & Overy LLP is noted for advising governments, financial institutions, and multinationals on the tax aspects of cross-border corporate transactions, joint ventures, and divestitures and separations. The team is particularly strong regarding FATCA, real estate transactions, and hedge fund work. Dave Lewis is the managing partner of the New York office and specializes in international tax planning, M&A, and private equity transactions. He works alongside Jack Heinberg, head of the US tax group and expert in international tax planning and cross-border financing. Senior counsel Caroline Lapidus is based in Silicon Valley and is a key contact regarding the taxation of global capital markets and real estate transactions.

Practice head(s):

Dave Lewis; Jack Heinberg

Other key lawyers:

Testimonials

‘Approachable, proactive and technically very sound.’

Jack Heinberg is approachable and proactive, good technical knowledge.’

Key clients

SHV Interholding AG

Pendal Group Limited

Carvana

Blue Road Management

Stonepeak Infrastructure Partners

Macquarie Asset Management

Intralot Capital Luxembourg SA

Société Générale

Morgan Stanley

Work highlights

  • Advised SHV Holdings N.V. on the $360m sale of Makro Peru, a food wholesale provider, to InRetail Peru Corporation, a company listed in Peru.
  • Advised Pendal Group, the ASX-listed Australian asset manager, on its agreement to acquire Thompson, Siegel & Walmsley for $320m.
  • Advised Stonepeak on a public securitization of debt facilities secured by aircraft leases.

Antitrust > Cartel Tier 4

Allen & Overy LLP handles cartel investigations in a variety of key sectors, including involvements in ongoing proceedings relating to the auto parts, seafood and poultry sectors, alongside a growing focus on the fintech space, combining domestic and international expertise across litigation and enforcement proceedings. The firm regularly represents businesses in litigation against the FTC, DOJ and state attorney generals, as well as handling compliance advisory and investigations matters. The team bolstered its capabilities with the arrival of Noah Brumfield as practice co-head from White & Case LLP, who has a strong record in the tech space, and cross-border specialist Hugh Holman‘s arrival from Aramco.  All lawyers mentioned are in Washington DC. John Roberti left the firm in March 2022.

Practice head(s):

Noah Brumfield

Other key lawyers:

Testimonials

‘The A&O cartel team is tremendously experienced and gives very pragmatic and actionable advice.’

‘Full service firm capped with excellent lawyers in all legal areas.’

‘Noah Brumfield is an outstanding antitrust lawyer who deeply understand clients’ business and can provide clients with practical legal advice.’

Key clients

Samsung SDI

Tri-Union Seafoods

Robert Bosch LLC

Merz Pharmaceuticals

Barclays Bank Plc

BNP Paribas

Dispute resolution > Corporate investigations and white-collar criminal defense

Allen & Overy LLP offers ‘excellent international and cross-border capability’, with a ‘well-resourced and thorough; thoughtful and collaborative’ team. Its broad expertise spans financial and commercial litigation, regulatory matters, security issues, investigations and white-collar criminal defense. The team is headed by David Esseks and Eugene Ingoglia; Esseks brings considerable experience in regulatory and criminal investigations, and Ingoglia is recommended for securities and business crime matters with a focus on insider trading. Julian Moore acts for both multinational corporations and high-profile individuals on disputes, investigations and enforcement actions. All named attorneys are based in New York.

Practice head(s):

David Esseks; Eugene Ingoglia

Other key lawyers:

Billy Jacobson; Jonathan Lopez; Julian Moore

Testimonials

‘The team is genuinely caring and involved in the client’s situation.’

‘Jonathan Lopez is immediately responsive to any type of contact and provides support and information to assist.’

‘Jonathan Lopez is so professional and personal at the same time, and exhibits a truly caring attitude.’

‘The team evaluates information from all possible angles and determines the risks that come with various approaches.’

‘Euene Ingoglia is smart, empathetic, and creative.’

‘Attorneys are dedicated to understanding the issues and helping clients.’

‘Excellent international and cross-border capability; well-resourced and thorough; thoughtful and collaborative.’

‘David Esseks is calm under pressure and highly experienced.’

Key clients

Robert Olan (in the US v Blaszczak insider trading matter)

KBR, Inc.

Beam Suntory, Inc.

Pilgrim’s Pride and JBS USA

Work highlights

  • Represented a hedge fund partner at trial on criminal insider trading charges in a high-profile case brought by The US Attorney’s Office for the Southern District of New York.
  • Represented a crypto-currency trading platform in connection with criminal and regulatory investigations in the US concerning potential money laundering and trade sanctions violations, as well as potential Commodity Exchange Act violations.
  • Represented a global financial intermediary in response to a multi-year investigation by the CFTC.

Dispute resolution > International arbitration Tier 4

Allen & Overy LLP's US arbitration practice remains in growth mode, with the recent arrival of new department co-chair Gaela Gehring Flores from Arnold & Porter representing a major coup for the rapidly expanding team. Gehring Flores is 'a truly multicultural practitioner’, whose Latin America expertise adds a further geographical dimension to a group that has also recently been involved in cases involving Africa, Asia and Europe. Patrick Pearsall co-heads the Washington DC-based practice and sources predict he will 'take A&O to the next level in the Americas'. Pearsall was recently appointed by the Kingdom of Sweden to act as lead counsel on a multibillion-dollar claim brought by Aura Energy under the Energy Charter Treaty.

Other key lawyers:

Testimonials

‘The firm’s outstanding market knowledge enables them to give client-oriented advice. It is always a pleasure to work with them because they are able to understand the most complex technical issues with cross-border elements.’

‘Particularly in international arbitration, it is crucial to have a team that understands the changing geopolitical issues and market dynamics. Allen & Overy LLP exceeds expectations.’

‘We worked on several large-scale disputes together. They are attentive and proactive. We enjoy working with the firm because they are practical and client-oriented, most importantly, they have a well-organized and experienced team to handle large scale international disputes.’

‘Patrick Pearsall is a well-established thought leader in international arbitration with a loyal following of clients. He brings a deft touch with clients to an otherwise cerebral and well-thought-out approach to cases.’

‘Patrick has a very nice manner before tribunals and instils trust and confidence immediately. He will take A&O to the next level in the Americas, while also adding formidable strength to the global IA offering. He is a potential future head of the group, in my view.’

‘This is a firm with very impressive capabilities in international arbitration, particularly with the hire of Gaela Gehring Flores. She is an excellent attorney and fully understands the Latin American market. The firm will be very strong representing both states and investors.’

‘Gaela is a very talented attorney who delivers results for her clients. Her track record is above excellent. Also, even though she was educated and trained in the US, she is very familiar with Civil Law, particularly in Latin America. She knows the market very well and understands the culture. She is a truly multicultural practitioner.’

‘A&O has become a very compelling offering on the East Coast with the recruitment of Patrick and Gaela. While the firm traditionally had an excellent reputation for international arbitration work globally, they were light in this area for their Americas offering. That is no longer the case.’

Key clients

Kingdom of Sweden

Bridgepoint Group Limited and Watkins Holdings S.à r.l.

Mubadala and Masdar Solar & Wind Cooperatief U.A

Republic of Sierra Leone

Republic of Peru

Work highlights

  • Acting as lead counsel to the Kingdom of Sweden in a multibillion-dollar claim brought by Aura Energy under the Energy Charter Treaty, relating to a ban imposed by Sweden on the mining of uranium.
  • Acting for a construction company on a claim against an Eastern European former CIS State.
  • Representing an infrastructure investment company in connection with advice regarding the potential termination of a management services contract with P5 Infrastructure.

Antitrust > Merger control Tier 5

Allen & Overy LLP strengthened its merger control offering, particularly in the tech sector, with the arrival of practice co-head Noah Brumfield in August 2021 from White & Case LLP. Brumfield has strong expertise in global merger review proceedings, and is currently leading on Globalwafers’ $5.4bn takeover of Silitronic, which includes approvals in Europe, Asia, and the United States. The firm broadly focuses on multi-jurisdictional matters, as well as advising clients on HSR filings, compliance and due diligence issues, and also handles FTC, DOJ, and state attorney general investigations into deals. Elaine Johnston co-leads the team, and has great experience in co-ordinating merger reviews across a broad range of sectors including oil and gas, financial services, and healthcare, alongside a strong niche in handling regulatory approvals for strategic privat equity-backed transactions. All lawyers mentioned are in Washington DC.

Practice head(s):

Elaine Johnston; Noah Brumfield

Other key lawyers:

Puja Patel

Testimonials

‘Very approachable, friendly team with a commercial approach but in-depth knowledge.’

‘Elaine Johnston is an excellent partner for in-house counsel with great insights on the law and the regulators, combined with a practical, commercial approach.’

‘Very experienced, efficient advisors.’

‘Noah Brumfield is a valued advisor because he knows our business extremely well and can provide prompt and actionable counsel when needed.’

‘Full-service firm capped with excellent lawyers in all legal areas.’

‘Noah Brumfield is an outstanding antitrust lawyer who deeply understands clients’ business and can provide clients with practical legal advice. Especially in merger control, we appreciate comprehensive and practical advice from Noah Brumfield.’

Key clients

WillScot Corporation

Etsy

Mubadala

Experian plc

Imperial Brands

Pacific Equity Partners

Maersk

First American

Advent

TP ICAP

Associated British Foods

Bridgepoint

GlobalWafers

Coinbase

Wonderland

Dispute resolution > General commercial disputes Tier 5

Allen & Overy LLP is sought after by national and foreign clients for cross-border disputes thanks to the firm’s international network. The practice scope includes disputes concerning private equity funds, financial institutions, and shareholders, as well as securities, regulatory and white-collar defense matters. Professional liability cases are also handled. Growing areas are contentious IP matters and disputes in the technology sector. Jacob Pultman, who also covers corporate and real estate litigation, leads the practice. Andrew Rhys Davies is a key contact for securities and financial services disputes. Bradley Pensyl is well versed in complex contractual cases. All individuals are based in New York.

Practice head(s):

Jacob Pultman

Other key lawyers:

Testimonials

‘Brad Pensyl is a star: responsive, commercial, practical and a pleasure to deal with.’

Key clients

Refinitiv India Private Limited/London Stock Exchange

Group

Samsung SDI

Bank of China Hong Kong Limited

Argo Infrastructure Partners

GKN PLC

Bridgepoint Group Limited and Watkins Holdings S.à r.l.

International Car Wash Group

Intermediate Capital Group

Studio 100 NV

Juster Properties

Imperial Brands PLC

EQT Infrastructure Limited

Luxshare Ltd.

Blue Phoenix

Conrac Newark Airport

Daniel Tietz

Work highlights

  • Representing Luxshare Ltd. in a forthcoming arbitration against ZF Automotive US, Inc. to recover damages for fraud and breach of contract in connection with Luxshare’s acquisition of two business units from ZF US for nearly $1bn.
  • Representing Bridgepoint Group Limited and Watkins Holdings S.à r.l. in US federal court proceedings seeking to obtain recognition of an ICSID arbitral award entered in our clients’ favor against the Kingdom of Spain.
  • Representing Refinitiv India Private Limited/London Stock Exchange Group in a litigation against Omnesys Technologies.

M&A/corporate and commercial > M&A: large deals ($1bn+) Tier 6

A team which ‘runs like clockwork’, magic circle firm Allen & Overy LLP is a go-to for cross-border deals and has been particularly busy within the asset management, renewable energy and financial services sectors of late. New York-based practice heads Eric Shube and William Schwitter each possess over 35 years of respective experience within the transactional space; their team is formidable within the technology, healthcare and consumer brands fields. Dario de Martino joined the group in September 2021 and arrives with distinct expertise in blockchain-enabled technologies.

Practice head(s):

Eric Shube; William Schwitter

Other key lawyers:

Dario de Martino; Stephen Besen; Paul Burns; Nick Marchica; Beth Troy; Jennifer Wnek

Testimonials

‘The M&A team is extremely responsive and is always available, which is especially important on international deals, both early AM and late PM, with no complaints.’

‘Eric Shube is an absolute pleasure to work with. He commands respect from others on the deal and has the ability to make the complicated become elegantly simple. In addition to his vast deal experience, he is practical, has great judgment and can read the other side well. I have worked with him for over fourteen years, and he always delivers. He has done a good job mentoring Loren Thomas, who is exhibiting similar qualities.’

‘The A&O NY team runs like clockwork, both internally and in cooperation with other law firms on the international deals we have been working on with them. They execute work very fast and diligently, with a clear and sharp eye as to client’s wishes but at the same time daring to challenge you.’

‘Stephen Besen is highly engaged and always readily available (even when taking into account the time differences). He combines an in-depth knowledge with excellent communication and negotiation skills and is able to remain his calm under stressful circumstances. He runs his team as a tight ship and makes sure there is appropriate (but not over the top) resourcing for our files, with equally capable other partners (tax, IP) and associates. Stephen is a real pleasure to work with, also from a personal perspective.’

Key clients

Thai Union Group

Mutandis

Unity Software

SHV Holdings

NMC Healthcare

IQVIA

JERA

Vitol

Macquarie Investment Management

Apollo Global Management

TP ICAP

Babylon Health

Finance > Financial services regulation Tier 7

Media, technology and telecoms > Technology transactions

Allen & Overy LLP has invested heavily in its US technology group recently, with the high profile arrival of Daren Orzechowski and a team of lawyers from White & Case LLP. Orzechowski now co-chairs the global team from the firm's Silicon Valley office.

Media, technology and telecoms > Fintech

Allen & Overy LLP has made a strong recent push into the US markets with the arrival of several high-profile fintech partners at its New York office, including Adam Chernichaw and Dario de Martino from White & Case LLP and Morrison Foerster respectively.

Industry focus > Energy transactions: conventional power

Allen & Overy LLP's growing practice in the conventional power space handles procurement, financing, corporate and regulatory matters. The team is led by Kent Rowey from New York and Los Angeles, whose experience covers the full asset lifecycle.

Latin America: International firms > Banking and finance Tier 2

Allen & Overy LLP‘s excellence in the multilateral agency and DFI lender segment has brought additional levels of activity to the lean Latin America team; Washington DC partner Sami Mir  co-heads the firm’s US agency finance practice and has a major emphasis on Latin America. Agency and DFI-led transactions are in addition to a solid pipeline of engagements from commercial lenders, along with corporate borrowers and sponsors. The Latin America team has a longstanding focus on renewable energy project financing and the hire of a large US-based project finance and renewables team from Akin Gump Strauss Hauer & Feld LLP in March 2021 has given the firm event more credibility in Latin America. Hybrid financings involving capital markets offerings is another forte for the team. Digital infrastructure project financings, including fibre networks and data centres, are also a growth area. Sao Paulo partner Bruno Soares leads the Latin America practice and has built strong connections to a range of Brazilian lenders and borrowers, particularly in relation to energy and infrastructure project financings across the region. New York partner Dorina Yessios is highlighted for renewable energy and digital infrastructure financings, including hybrid structures and private placement offerings. New York's Joseph Stefano is also active in Latin America financings for a number of major commercial lenders.

Practice head(s):

Bruno Soares

Key clients

Ashmore Fund Colombia

BNP Paribas

Citibank

CSP – Companhia Siderúrgica do Pecém

Credit Suisse

Elecnorte

Inter-American Investment Corporation (IDB Invest)

International Finance Corporation (IFC)

Japan International Cooperation Agency (JICA)

Natixis

North American Development Bank (NADB)

Proparco

Scotiabank Chile

Stichting Andgreen.fund

US International Development Finance Corporation (DFC)

VLI Multimodal

Latin America: International firms > Projects and energy Tier 2

Allen & Overy LLP's longstanding focus on agency lenders and DFIs came to further prominence in 2020 as this segment of the market drove lending during the Covid crisis. The Latin America team's emphasis on renewable energy projects was given additional impetus by the recruitment of a leading US-based project finance and renewables team from Akin Gump Strauss Hauer & Feld LLP in March 2021. The core Latin America group continues to focus on hybrid financing structures, including those involving the capital markets and has experienced significant growth in digital infrastructure projects. With its strong presence in Sao Paulo through Bruno Soares, the head of the Latin America practice, the firm has excellent connections to Brazilian sponsors and lenders, many of which are frequently engaged in Latin America energy and infrastructure projects; Colombia and Chile have been particularly fertile grounds for the team. Washington DC partner Sami Mir co-heads the firm's US agency finance practice and has a strong focus on Latin America. New York partner Dorina Yessios is noted for power and renewables projects in Latin America, acting for both sponsors and lenders.

Practice head(s):

Bruno Soares

Key clients

Ashmore Fund Colombia

Bancomext

Banco Bilbao Vizcaya Argentaria (BBVA)

Banco Itaú-Unibanco

BNP Paribas

China Harbour Engineering Co

Crédit Agricole Corporate and Investment

Bank (CA-CIB)

CSP – Companhia Siderúrgica do Pecém

Deutsche Bank

DNB

Elecnorte

Eksport Kredit Fonden (EKF)

Finnvera

ING Capital

Inter-American Investment Corporation (IDB Invest)

International Finance Corporation (IFC)

Japan International Cooperation Agency (JICA)

Mizuho Bank

Natixis

North American Development Bank (NADB)

Proparco

Santander

Scotiabank Chile

Société Générale

Sumitomo Mitsui Banking Corporation

US International Development Finance Corporation (DFC)

VLI Multimodal

Work highlights

  • Advised Elecnorte, a subsidiary of Ashmore Fund Colombia, in connection with a financing from IFC and Davivienda for the design, construction, operation and maintenance of a 138km regional transmission line to be located in La Guajira, Colombia.
  • Advised the institutional investors on a private placement of notes issued by Javiera, the owner of an operating solar project, and Sol del Desierto, the owner of a greenfield solar project in Chile, which are subsidiaries of Atlas Chile.
  • Advised IDB Invest, IFC, BNP Paribas and a syndicate of commercial bank lenders on the $1.14bn financing of LD Celulose to develop, construct and operate a dissolving wood pulp plant in Minas Gerias, Brazil.

Latin America: International firms > International arbitration