Firm Profile > Allen & Overy LLP > Washington DC, United States

Allen & Overy LLP
1101 NEW YORK AVENUE, NW
WASHINGTON, D.C., 20005
United States

Dispute resolution > International litigation Tier 2

Acting for leading corporations and financial institutions both domestically and internationally, Allen & Overy LLP has a particularly strong record in international investigations of criminal and regulatory offences. Based in New York, the group also boasts a number of team members with prior experience serving in senior roles in the government or regulatory agencies. The litigation group’s founder Michael Feldberg is a key contact for defense of federal civil and regulatory cases, and David Esseks is name to note for anti-corruption investigations and violations of the Foreign Corrupt Practices Act. The practice also benefits from its strong relationships with regulatory authorities in New York, London and Hong Kong. Also recommended are practice head Jacob Pultman, and Bradley Pensyl, who specializes in private equity and corporate litigation.

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Finance > Project finance

Allen & Overy LLP has a highly versatile practice that is equally comfortable advising sponsors and lenders on a broad range of power, infrastructure, and PPP projects. The team is also noted for its ability to handle major cross-border project financings, with a strong focus on Latin America, as well as major domestic developments in the utilities and transport sectors, as demonstrated by its role advising the sponsors on the Terminal One redevelopment at JFK Airport in New York. The team is led out of New York by the highly experienced Kent Rowey, who is especially active on the PPP and  infrastructure front. Dorina Yessios, also in New York, has strong expertise in energy, renewables, and infrastructure projects throughout Latin America, as does Sami Mir in Washington DC. Former projects partner David Slade left to become General Counsel of the Export-Import Bank of the United States.

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Key clients

Airglades International Airport

ENGIE North America

Conrac Solutions Capital

China Harbour Engineering Company

Carlyle Infrastructure Partners

Meridiam Infrastructure North America Corporation

Munich Airports International

Dutch Infrastructure Fund

BNP Paribas Fortis

Inter-American Investment Corporation (IDB Invest)

International Finance Corporation (IFC)

JP Morgan

Santander

Credit Agricole

Eksport Kredit Fonden (EKF)

Finnvera Oy (Finnvera)

Société de Promotion et de Participation pour la Cooperation Economique SA (Proparco)

Industry focus > Environment: transactional Tier 2

Well known for the strength of its global network, Allen & Overy LLP has the ability to provide seamless multi-jurisdictional advice on cross-border transactions and their environmental implications. Headed by Ken Rivlin, the firm's global environmental group has experience advising on the full range of environmental issues, including climate change and emissions trading, energy, contaminated land issues, and REACH and chemicals regulation. In addition to transactional due diligence and risk allocation work, the team also advises on product responsibility requirements and deal-related indemnity disputes. Felise Cooper also advises on due diligence and compliance requirements, including global substance disclosure, and control and product take-back requirements; and Maria Christopher-Bell has been active in project finance, M&A and real estate deals. Named attorneys are based in New York.

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Key clients

Carlyle Infrastructure Partners

Teradyne

Natural Resources Defense Council

Munich Airports International

Euro Garages

Hitachi

Greif

IFC

Conrac Solutions Capital

Macquarie Investment Management

3i Group

Antitrust > Cartel Tier 3

Allen & Overy LLP advises clients on anticompetitive agreements, government investigations and subsequent litigation. Thanks to the firm's global reach, the team collaborates with offices around the world to assist international clients. The Washington DC-based John Roberti acts as antitrust department head and simultaneously leads the majority of the group's cartel cases. He also operates a cartel class action defense practice and shows experience with dawn raids and cartel investigations conducted by authorities outside the US. Todd Fishman sits in New York, where his personal practice includes defense of antitrust and securities investigations.

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Key clients

Robert Bosch

Cargill

Mercuria Energy Trading

Samsung SDI

Tri-Union Seafoods

United Airlines

Love’s Travel Stops and Country Stores

Third Point LLC

Antitrust > Civil litigation/class actions: defense Tier 3

Allen & Overy LLP puts a focus on cartel class action defense, particularly with regard to industry-wide price-fixing matters such as automotive parts and prepackaged seafood. Practice leader John Roberti works out of Washington DC, where he often leads negotiations with plaintiff classes and opt-out plaintiffs. The New York-based Todd Fishman specializes in defense of antitrust and securities issues including price-fixing, collusive conduct, derivatives and structured products. Operating out of the same office, Michael Feldberg fields valuable litigation and trial expertise, for instance in the industrial conglomerates sector. Associate Providence Napoleon in Washington DC provides key support on contentious cases in financial services, aviation, food and agriculture, technology, and sports industries.

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Testimonials

‘The US litigation team provides excellent value for money. Very creative in finding legal solutions and also very flexible with remuneration/billing schemes.’ 

‘John Roberti is always available, very creative.’

‘Michael Feldberg is a very cunning, sharp-minded litigator.’ 

‘Allen & Overy has unique expertise in high stakes, high profile, bet-the-company, class action antitrust litigation.’

‘John Roberti has encyclopedic knowledge of all things antitrust, but many lawyers probably can boast that. What is truly impressive is that he has handled so many of these types of cases that he has an innate feel as to how they should be resolved, whether they can be settled and if so, for how much.’

‘Excellent control and manage a case by balancing strategies between negotiation and litigation, which provides a path to make a decision to in-house.’

‘Providing sharp analysis of status of a case and excellent strategy with solid legal grounds.’

Key clients

Robert Bosch

Cargill

Mercuria Energy Trading

Samsung SDI

Tri-Union Seafoods

United Airlines

Love’s Travel Stops and Country Stores

Third Point LLC

Finance > Structured finance: derivatives and structured products Tier 3

Leveraging close relationships with key industry bodies as well as with major industry stakeholders, Allen & Overy LLP's derivatives team focuses on matters involving the interaction of European and US regulations. David Lucking heads the firm's US-based international capital markets group, and has broad expertise in derivatives across a variety of asset classes. Deborah North is another name to note for derivatives work; she is particularly active in OTC derivatives. The team has also worked with its London office on a product called IBORMatrix which uses AI technology to prepare documents for the global transition from LIBOR.

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Key clients

Futures Industry Association (FIA)

LCH Limited (LCH)

ISDA

Finance > Structured finance: securitization Tier 3

Allen & Overy LLP's US structured finance practice routinely work alongside offices in the firm's European network to handle trans-Atlantic transactions. John Hwang specializes in ABS and credit card deals, and has experience of registered offerings (including Reg S deals) and private placements. The CLO practice was strengthened by the arrival of Nick Robinson, who joined from Milbank in March 2019. Robinson joins Larry Berkovich, who also specializes in CLO work, and has been especially active on the arranger side. Clients also praise senior associate Derek Poon.

Testimonials

‘We view the A&O team highly for their securitization expertise, which is why we have chosen to depart from our usual issuer’s counsel to go with them on securitization offerings.’

‘The team is able to think creatively and hustle for their clients – it is consistently focused on finding solutions to help make deals happen.’

‘John Hwang serves a leadership role and is thoughtful about client outreach coordinating live visits with regulatory updates from his team.’

‘Larry Berkovich is highly creative and is very good at knowing when to step into negotiations with transaction parties to come to a resolution on difficult issues. He works diligently on making sure he makes the process as smooth as possible for his clients while knowing the boundaries of where negotiations will likely end up to manage expectations.’

‘Derek Poon is knowledgeable and steps in when addressing tricky issues.’

Key clients

The Toronto-Dominion Bank

Natixis Securities Americas

Jefferies

RBC Capital Markets

Sound Point Capital Management

CIFC Asset Management

Toyota Motor Credit Corp.

JP Morgan Securities

Citibank

Goldman Sachs

Industry focus > Energy: renewable/alternative power Tier 3

Led from New York by Kent Rowey and also including practitioners based out of Washington DC, Allen & Overy LLP's 'responsive' six-partner projects, energy, natural resources and infrastructure group regularly handles renewables work for lenders, sponsors, developers and project companies. Implementing a full-service approach which draws from the firm's capital markets, banking and corporate groups, the team has the capacity to handle the full spectrum of work across the asset life cycle: from creation to acquisition, capital raising (including equity and debt capital), restructuring and ongoing portfolio management. It is, however, particularly well-suited and focused on advising infrastructure funds engaged in M&A in the space, as well as handling financing work for development banks and export credit agencies on Latin America-related projects.

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Testimonials

The responsive team provided a service which was consistently good but also timely, which was great for all involved.

Sami Mir is energetic, motivated and always willing to help.

Key clients

ENGIE North America Inc.

Meridiam Infrastructure North America Corporation

Inter-American Investment Corporation (IDB Invest)

Suez North America

Credit Agricole

Eksport Kredit Fonden (EKF)

Societe de Promotion et de Participation pour la Cooperation Economique S.A. (Proparco)

Tax > International tax Tier 3

Leveraging the firm's strong office network throughout EMEA, Allen & Overy LLP is particularly well placed to handle multi-jurisdictional M&A, securities transactions and large-scale commercial ventures involving European companies, financial institutions and private investors. Another of the firm's core strengths is RMBS and CLO taxation acting on behalf of the arrangers, an area where US tax head Jack Heinberg is a key contact. New York managing partner Dave Lewis is also recommended; he has recently handled $1bn+ M&A for Greif, WillScot Corporation and Zentiva (Sanofi's European generics business).

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Key clients

Société Générale

Citigroup

CIFC

Morgan Stanley

BNP Paribas

Barclays

Jefferies

Zentiva

WillScot Corporation

Mubadala Development Company

Dispute resolution > Corporate investigations and white-collar criminal defense

Owing to the firm-wide strengths and its solid presence in New York, London and Hong Kong, Allen & Overy LLP's team excels in representing financial institutions, and their senior officers, directors and external advisors, in major US government and cross-border investigations. The department is led from New York by 'starDavid Esseks, who 'has excellent judgment, great experience, and boundless energy'. Also in New York, Michael Feldberg is a seasoned litigator, with expansive experience in defense of federal criminal and regulatory cases. Eugene Ingoglia is an expert in securities law and anti-corruption.

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Testimonials

The A&O team is very strong. They have successfully built a group that spans different generations – not an easy task – and they also have managed to maintain an excellent NY based practice within the context of the global powerhouse of A&O.’

David Esseks is a star – he has excellent judgment, great experience, and boundless energy

The team of David Esseks and Eugene Ingoglia is particularly strong. Both are very experienced litigators and trial lawyers, who have done a lot of work for both entities and individuals in the financial industry.’

The firms’ UK platform is extremely helpful on cross-border matters, which include FX/LIBOR and related trading investigations.’

Experience and expertise is exceptional, approach is highly strategic, practical, straight-forward and based on transparency and earning trust with the government.’

Dispute resolution > Securities litigation: defense Tier 4

Allen & Overy LLP in New York acts principally for large banks in securities and financial services disputes, among which are complex civil and criminal matters. Asset managers, corporates and individuals are, nevertheless, increasingly a part of its client base, particularly in cross-border multi-jurisdiction investigations and litigation. Insider trading and anti-corruption cases are key elements in its work. Its ability to combine knowledge of securities laws in multiple jurisdictions is one of the firm's main strengths. Jacob Pultman leads the nine-partner practice, in which David Esseks and up-and-coming partner Andrew Rhys Davies stand out for cross-border securities and financial services disputes. Senior associate Bradley Pensyl is recommended for commercial and private equity litigation and shareholder disputes, as well as regulatory enforcement matters. The firm also has securities litigation capability in its Washington DC office.

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Antitrust > Merger control Tier 5

The full service antitrust offering at Allen & Overy LLP includes obtaining clearance for domestic and cross-border mergers, acquisitions and disposals as well as representation of third parties. Thanks to the firm's global reach, the US department frequently collaborates with offices in Europe and Asia to handle multijurisdictional filings. Department head Elaine Johnston is based in New York, where she focuses on technology, pharmaceuticals and financial services. She receives key support from two New York team members: associate Puja Patel and Joshua Shapiro, who was promoted to senior counsel in May 2019.

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Testimonials

‘This is an exceptional team. Technically excellent but provide pragmatic advice.’

‘Excellent communication skills of technical advice to non-legal colleagues in the business.’

‘Elaine Johnston and Alastair Balfour’s vast experience is demonstrated by their articulate and pragmatic advice and calm approach. They always made themselves available to answer any question or query which he had on the anti-trust process of global public acquisition.’

‘Catherine Wylie demonstrated great ability to process vast amounts of technical scientific and business information. Even under pressure she remained extremely calm and was very thoughtful in all her communications with our non-legal colleagues, explaining technical knowledge in a practical way.’ 

Key clients

Associated British Foods

Advent International

Experian plc

Fresenius Kabi

BTG plc

Thomson Reuters

Hitachi ltd

Mubadala Capital

Dispute resolution > General commercial disputes Tier 5

Cross-border litigation is a particular strength at Allen & Overy LLP, and the firm counts a number of major multinational companies among its clients. A number of its clients are major international banks, including BNP Paribas and Citibank. The department's standout trial lawyer is Jacob Pultman. In New York Supreme Court, he recently defended Deutsche Bank in litigation brought by Galopy Corporation International, a Curacao-based holding company; Andrew Rhys Davies, who focuses on cross-border matters, also led on this matter. In a domestic case, Pultman represented Argo Infrastructure Partners in federal litigation and arbitration relating to the client's 50-year lease of the water and sewer assets of the Borough of Middletown, Pennsylvania. Elsewhere, senior associate Bradley Pensyl represented International Car Wash Group in the Northern District of Alabama in an asset purchase agreement dispute. Julian Moore, who joined the firm in October 2019 from an in-house role, combines experience in civil litigation, white-collar defense and government investigations.

Industry focus > Energy transactions: conventional power Tier 5

Led out of New York by Kent Rowey, and able to leverage a huge international network, as well as deeply entrenched firmwide lender relationships, Allen & Overy LLP's six-partner projects, energy, natural resources and energy group's core strength lies in its ability to resource large cross-border financing mandates in the conventional power sector. A significant amount of the financing work handled by the team in the power generation space is underwritten by export credit agencies and development banks, particularly as it relates to Latin America work. New York-based partner Dorina Yessios frequently takes the lead on conventional power-based project financings with a Latin American nexus, while the return of Jean Lee to the firm's Washington DC office, following a five-year stint in the firm's Seoul office, further bolsters the US team's strength in relation to export credit agency project finance work.

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Key clients

BNP Paribas Fortis

JP Morgan

Santander

BBVA

Labor and employment > Employee benefits, executive compensation and retirement plans: transactional Tier 5

Brian Jebb heads up Allen & Overy LLP’s integrated benefits and employment practice from New York, where he focuses on outbound M&A deals alongside spin-offs and IPOs for global clients. Of particular note is the team’s expertise handling multijurisdictional employee benefits restructuring programs. The team also cites expertise in ERISA fiduciary issues for benefit plan asset investments.

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Key clients

Google

Thomson Reuters

JP Morgan

Samsung SDS

Hitachi

Algeco Scotsman/Target Hospitality

Interfood

Greif

Adyen

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

Allen & Overy LLP specializes in cross-border transactions, primarily acting on behalf of non-US corporates in deals with US counterparties, and also acting in major public acquisitions on behalf of multinationals. The firm acts for a huge variety of international clients, including Graphite India, AB Mauri, and Louis Roederer. Recent standout highlights include acting for Hitachi in its $1.43bn acquisition of JR Automation Technologies, a significant transaction serving as a clear example of the firm's focus, assisting an international client with acquiring a US-based company. A key name in the New York office is Eric Shube, who heads up the firm's US corporate practice.

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Key clients

Hitachi

Greif

Macquarie Investment Management

Ibstock

Associated British Foods

Graphite India

EQT

Louis Roederer

SAP

Finance > Financial services regulation Tier 7

Leveraging firm-wide strengths across a global network of offices spanning Canada, Europe, the Middle East and Asia Pacific, Allen & Overy LLP focuses on advising clients, predominantly broker-dealers, on various regulatory matters, including federal securities laws and investigations brought by the SEC. Barbara Stettner advises clients on their obligations under the Securities Exchange Act, Investment Advisers Act of 1940, the Bank Secrecy Act and in relation to the rules of self-regulatory organizations (SROs). Stettner also has an active fintech practice, where she advises companies issuing ICOs, and also counsels investors throughout their engagements with start-ups and growth stage companies. Chris Salter's practice includes advising broker-dealers, investment advisers, and private equity funds on compliance with securities laws and the rules of SROs; he also acts for broker-dealers in transactional matters. Senior counsel members Hilary Sunghee Seo and Wallace DeWitt joined the firm in 2019 from Davis Polk & Wardwell LLP and the SEC, respectively.

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Testimonials

‘Chris Salter has provided invaluable support to our company for many years. He has unmatched FINRA and SEC regulatory knowledge and expertise and always provides insightful, practical advice tailored to our unique business model.’

Key clients

Securities Industry and Financial Markets Association (SIFMA)

Equity Dealers of America

Cetera Financial Group

GCA Savvian

Industry focus > Insurance: non-contentious

Core strengths at Clifford Chance include advising start-up reinsurance companies, investment structuring, M&A bolt-on acquisitions, investment management arrangements, and new company formation. In this area, practice co-head Gary Boss advised Apollo Global Management on the formation of a Bermudan reinsurance vehicle to enter into collateralized reinsurance transactions. Other key offerings include advice on innovative investment strategies which combine lines of reinsurance risk with alternate investment strategies. Joint practice head Nick Williams has extensive experience in insurance regulatory and compliance work, and provided guidance to Sumitomo Mitsui Banking Corporation on best practices for its insurance program in the US. Alternative capital and collateral management expert Analisa Dillingham is recommended for her ‘knowledge and practical sense’. Senior associates Dean Agnos and Kirsten Gaeta are also noted.

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Testimonials

‘Analisa Dillingham’s knowledge and practical sense are valuable to us’

‘The Clifford Chance team is tireless in providing exceptional client service and a high-quality work product’

‘They have deep industry and regulatory knowledge and very practical experience in transactional, tax, and regulatory matters for insurance and reinsurance’

Key clients

Apollo Global Management

Legal & General / William Penn

Chubb

Berkshire Hathaway Specialty Insurance

AIG

Slice Labs

Mastercard

Watford

TIAA

Enstar

Dispute resolution > Appellate: courts of appeals / Appellate: supreme courts (states and federal)

Led out of Houston by Warren Harris, Bracewell LLP’s appellate group has core strength in energy-sector appeals. Additional areas of activity include toxic torts, IP issues, environmental disputes, and insurance litigation. The team members are regularly involved in the appellate stage of a dispute, but are also adept at stepping in to assist clients with their strategy in the trial courts. Yvonne Ho is also a standout appellate attorney in the Houston office.

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Testimonials

The primary strength of the team is the breadth of experience that practice head Warren Harris offers. Warren has significant experience in legal issues at the trial court as well as at the appellate court, which gives him a solid basis for evaluating risk. That is combined with excellent knowledge of the law, both substantive and procedural.

Key clients

KBR

Apache Corporation

Westlake Chemical Corporation

Carlton Energy Group

Prosperity Bancshares

Vopak

Weatherford International

Cheniere Energy

The Bank of New York Mellon Trust Company

Direct General Insurance Company

Banking and finance > Banking and finance

Allen & Overy LLP's lean and powerful team sits primarily in its Sao Paulo, New York and Washington DC offices. Leveraging the firm's outstanding banking and finance credentials, the core Latin America team is active across the product range and in multiple geographies. It is at the forefront of emerging sectors such as green loans. Moreover, it impresses with its strong connections to commercial banks, agency lenders and corporate borrowers; it has particularly strong corporate relationships in Brazil thanks to the presence of prominent name Bruno Soares in Sao Paulo. The firm has also achieved considerable success in targeting ECAs, MLAs and DFIs through its Washington DC office; DC partner Sami Mir has built an enviable practice for these institutions with a heavy focus on Latin America, while Jean Lee has further bolstered this segment since returning to DC from Seoul in 2019. This emphasis has landed the firm a series of headline and landmark deals including advising IFC on its $2bn working capital facility programme to fund emerging market banking clients for on-lending to small to medium business enterprises to help counter the negative effects of the Covid-19 pandemic. New York partner Dorina Yessios is another key figure in the team with excellent connections to commercial lenders. Former New York senior counsel Andrés Arnaldos Montaner has joined Ashurst LLP.

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Testimonials

Efficient allocation of resources between the partner and the senior associate, deep knowledge of the financing product and its specificities, lots of patience to deal with a client and client”s counsel less familiar with this financing product.

The A&O team is well experienced in operating across the Latin American continent. Their skill and expertise in the region is first class.

Kudos to Sami Mir and Christine Steenman for closing this transaction. They were instrumental in bridging the gap between this investment grade client and the usual requirements of an ECA.

Dorina Yessios has a stellar team. They are adept at seeing all sides of the discussion and clearly and effectively leading the discussion to an acceptable commercial position for all stakeholders.

Dorina Yessios and her team showed determination, professionalism and honesty in their work as counsel to lenders. They not only did not appear to mind the long execution schedule, but also went the extra mile in de facto taking over the role of the coordinating bank and leading banks in their due diligence.

Key clients

International Finance Corporation (IFC)

Inter-American Investment Corporation (IDB Invest)

North American Development Bank (NADB)

Japan International Cooperation (JICA)

VLI Multimodal

Crédit Agricole Corporate and Investment Bank (CA-CIB)

Banco Bilbao Vizcaya Argentaria (BBVA)

Natixis

Eksport Kredit Fonden (EKF)

Bancomext

Vale

CSP – Companhia Siderúrgica do Pecém

BNP Paribas

Santander

HSBC

Bank of Nova Scotia

BNP Paribas

Banco BTG Pactual

Projects and energy > Projects and energy

Allen & Overy LLP's core team of Latin America projects and energy specialists have carved out a fine reputation for infrastructure projects and PPPs, conventional power and renewables (including green loans), and oil and gas transactions. Like other leading firms, the versatile team covers the entire region. It is also at the forefront of new structures such as hybrid and private placement financings. In Washington DC, the firm has built excellent connections to many of the key DFIs and agency lenders. Among a series of headline engagements, it advised a bidding consortium led by China Harbour Engineering in connection with the Primera Línea del Metro de Bogotá – Tramo I PPP project, aimed at financing the construction and operation of the COlombian capital's first metro line. Sao Paulo-based partner and head of the Latin America practice, Bruno Soares is key for project financings in Brazil and for transactions elsewhere in Latin America featuring Brazilian lenders. New York's Dorina Yessios has impressed in renewable energy, infrastructure and PPP programmes, along with private placement and portfolio financings. Washington DC partner Sami Mir co-heads the US agency practice and has a principal focus on Latin America for clients such as IDB Invest and IFC.

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Testimonials

A&O is one of the more professional legal teams that we have encountered.’

A&O stands out for having teams committed to the transaction, led by the partner but in which the associates are divided according to the needs of the project. Thus, there are partners leading the negotiation of the project documents while there are others leading the financing documents. I like this way of dividing work.

A strong team with deep experience across asset classes and jurisdictions.’

Dorina Yessios is a fantastic projects and energy partner. She is experienced in operating across multiple jurisdictions, various asset classes, as well as on sponsor side and lenders’ side of a transaction. This has made her adept at finding solutions that work for all parties, leading to efficient document negotiations.

Key clients

Inter-American Investment Corporation (IDB Invest)

International Finance Corporation (IFC)

Banco Santander

IFC’s PPP Advisory Team

Vale

China Harbour Engineering Company

Crédit Agricole Corporate and Investment Bank (CA-CIB)

Banco Bilbao Vizcaya Argentaria (BBVA)

Natixis

Proparco

Eksport Kredit Fonden (EKF)

Bancomext

Allianz

Elecnorte

Banco de Inversión y Comercio Exterior (BICE)

FinDev Canada

Banco BTG Pactual

CSP – Companhia Siderúrgica do Pecém