Dechert LLP > Paris, France > Firm Profile
Dechert LLP Offices

22 RUE BAYARD
75008
France
Dechert LLP > The Legal 500 Rankings
France > Industry focus: Healthcare and life sciences Tier 1
Dechert LLP houses a broad team known for handling the full spectrum of mandates within the sector, including IPOs, health product marketing disputes, and public private partnership (PPP) issues. Practice co-lead Mélanie Thill-Tayara is a key contact for pharma clients seeking advice on cartel and abuse of dominance proceedings on a domestic and EU level. Co-head Alain Decombe is recommended for his longstanding corporate knowledge, advising on joint ventures and asset deals. ‘Brilliant’ regulatory expert Sophie Pelé often appears before administrative courts and entities on behalf of key players within the life sciences sector. Marion Provost is noted for her ability to advise on the antitrust aspects of M&A and merger filings, in addition to handling cartel investigations.Practice head(s):
Alain Decombe; Mélanie Thill-Tayara
Other key lawyers:
Jacques Sivignon; Sophie Pelé; Ermine Bolot; Marion Provost
Testimonials
‘Versatility, experience and expertise, innovation.’
‘Strong knowledge of the specificities of the sector. The regulatory angle is the team’s strong point.’
‘Sophie Pelé is very proactive and an expert in her field. High quality service.’
‘In-depth knowledge of the sector and current practices. Provide opinions with business sense. A team that takes a position and does not leave the client with several options.’
‘Excellence in key skills required by the pharmaceutical sector: market access, regulatory law, competition law.’
‘Marion Provost is a very good technician in health competition law – she provides in-depth risk analyses and has perfect knowledge of business issues and financial elements. Sophie Pelé is a brilliant lawyer in market access and regulatory law.’
Key clients
ArchiMed
Abivax
Chiesi Farmaceutici S.p.A
GSK
Havea
Laboratoire X.O
Roche
Work highlights
- Advised French biotech Abivax on a Nasdaq IPO.
- Representing Virbac in a complaint before the European Commission related to a potential “killer acquisition”, which led to a dawn raid conducted by the Commission post-Covid and to the formal opening of an investigation on 26 March 2024.
France > EU, competition and distribution Tier 2
Dechert LLP is widely recognised for its prowess in complex, high-stakes antitrust investigations and litigation before the French and EU regulators and courts, recently representing blue-chip clients in some of the most high-profile challenges to fines imposed by the FCA. In addition, the firm frequently assists in dawn raids, follow-on damages claims and merger control cases. The team has a particularly strong presence in the life sciences sector, where practice head Mélanie Thill-Tayara (who also co-leads the global life sciences practice) is a leading reference for antitrust matters. Laurence Bary excels in cartel and abuse of dominance cases. Marion Provost is another key team member.Practice head(s):
Mélanie Thill-Tayara
Other key lawyers:
Testimonials
“Great expertise and commitment.”
“A multidisciplinary team that perfectly integrates the local and European regulatory dimensions of our business. Great experience in the pharmaceutical market. A very female team, approachable, attentive, with a lot of experience.”
“Mélanie Thill-Tayara, experience, leadership. Over 25 years of collaboration together on litigation and advisory matters. Marion Provost, Laurence Bary, Sophie Pelé for their knowledge of the regulatory framework of our market.”
“Strong expertise in competition law, availability, responsiveness.”
“Laurence Bary: Very competent, advice perfectly suited to our business sectors. Available and always very responsive.”
Key clients
Apple
Chiesi Farmaceutici S.p.A
Cora and Supermarchés Match
Crown Holdings
Deutsche Bahn AG
Havea
Laboratoire X.O.
Roche
Virbac
Work highlights
- Representing Virbac in a complaint before the European Commission related to a potential “killer acquisition”, which led to the first dawn raid conducted by the Commission post-Covid and to the formal opening of an investigation on 26 March 2024.
- Represented Apple before the Paris Court of Appeal to challenge the highest ever fine imposed by the French Competition Authority, and succeeded in securing a partial annulment and significant decrease of Apple’s fine by 66%, from €1.1 billion to €371.6 million.
- Represented Crown Holdings in cartel investigations both before the European Commission and the French Competition Authority, involving in particular non-price cartel allegations in a context of regulatory changes.
France > Private equity: Fund formation Tier 2
Dechert LLP's team is equipped to handle corporate and regulatory matters related to the entire life cycle of investment funds and asset management, as well as secondary transactions. The group is regularly instructed by sponsors, private equity funds and institutional investors alike. Leadership is shared between Sabina Comis and Cyril Fiat. Comis specialises in advising private equity firms on domestic and international tax structuring mandates, while Fiat, for his part, advises on regulatory issues and assists investors with alternative asset investments. Antoine Pian is an additional key contact.Practice head(s):
Sabina Comis; Cyril Fiat
Other key lawyers:
Antoine Pian; Etienne Bimbeau
Testimonials
‘Helpful, expert and friendly team – Sabina Comis, Cyril Fiat.’
‘Among the most competent in France, while being very easy and friendly – Sabina Comis, Etienne Bimbeau, Cyril Fiat.’
‘Extremely competent, available, commercial team. Caring and attentive. Sabina Comis and Antoine Pian – attentive to customer relations and the construction of a long-term relationship, competent and didactic in their explanations, efficient.’
‘Team recognized as a leader in fund structuring topics. Extensive experience, excellent knowledge of market practices, regulations and tax implications of the various topics. Ability to mobilize the network to respond to cross-border issues (US, Kenya, Israel, etc.)’
‘Cyril Fiat: Availability, technical expertise, strong knowledge of client files, mastery of market standards. Etienne Bimbeau: very responsive, technically excellent, educational and precise.’
‘The team always presents itself in an extremely professional manner and facilitates collaboration at maximum efficiency. The collaborators respond quickly to questions and are always reachable. Documents are prepared within the set limits which adds reliability to their work.’
‘Cyril Fiat is the partner who truly stands out from his peers in the market. His professional attitude and legal skills are second to none. It is a great pleasure to work with Cyril and he is always able to find adequate, useful and pragmatic solutions.’
Key clients
Blisce
Cathay Capital
Essling Capital
Artemis – Financière Pinault
Rothschild & Co Asset Management / Rothschild Martin Maurel
Capital Croissance
KKR
Truffle Capital
Work highlights
- Advised Capital Croissance on the creation of and fundraising for the third generation of CAIRN Capital funds.
- Advised Capital Croissance on the creation and fundraising of Edelweiss Transition & Impact I, a French private equity fund setup as a fonds professionnel de capital investissement.
- Advised a management company on the structuring of a French private equity fund aiming at investing in non-listed companies conducting a B2B activity supporting the fight against climate change.
France > Dispute resolution: Commercial litigation Tier 3
Headed by Jacques Sivignon, Dechert LLP 's practice has a strong presence in the healthcare sector where it regularly handles contractual and product liability disputes. The team also has sustained activity in the financial sector handling key work for Lebanese banks and increasingly assisting creditors in restructuring situations. The team finally also handles commercial and corporate litigation as well as shareholders conflicts and provides guidance on duty of vigilance issues. The client base is made up of major industrial companies, investment funds and financial institutions.Practice head(s):
Jacques Sivignon
Testimonials
‘Great availability and good knowledge of the pharmaceutical sector.’
‘The team is always there and their clients know it, hence the very strong bonds of trust between it and them.’
‘Jacques Sivignon is a combative and enthusiastic lawyer, who does not let himself be destabilized by the difficulties of the complex cases he handles. In addition to his excellent legal mastery, he has a solid instinct.’
Key clients
PepsiCo
GSK
Eurogroup
Signify
Work highlights
- Representing a major Chinese manufacturer of electrical cars in judicial proceedings initiated by a Swiss car distributor before the Paris Court of Appeal seeking to annul an ICC arbitral award.
- Representing a multinational lighting company in an action brought by the liquidator of a former subsidiary that was sold to an investment fund in 2012, which went bankrupt in 2017.
- Representing a medical device company in relation to a defective product liability claim by a patient regarding an implanted aortic valve prothesis.
France > Employment Tier 3
The employment law team at Dechert LLP is well-equipped to handle complex and sensitive employment matters, with notable experience in workplace investigations, as well as advising on restructuring and M&A transactions. Philippe Thomas leads the team, with particular experience in the transfer of personnel, national and international M&A and a range of sensitive and crisis cases. Thibault Meiers is also a key contact for high-stakes litigation and sensitive crises.Practice head(s):
Philippe Thomas
Other key lawyers:
Testimonials
‘Thibault Meiers is excellent. Agile, attentive to the client, understanding the specific culture of the company, he provides high-quality support on labor law issues, whether it be negotiations with the works council, closing acquisitions, or branch integrations.’
‘Strengths in supporting messaging to non-European leadership teams. Understanding the nuances and challenges of a multinational work environment. Practical collaboration.’
‘In particular Philippe Thomas, over the years has supported us. We can face a challenge with what our US leaders believe they can do and what we can practically do, staying within the remits of the law. This is where Philippe has been exceptionally helpful.’
‘Very pragmatic and very reactive approach. Philippe understands business issues and knows how to be creative. He involves his team members and puts them forward to give them full autonomy. He knows how to intervene when his strategic vision is necessary. He knows how to collaborate effectively with the other departments of the firm.’
‘Philippe Thomas for his vision, his knowledge of business and his fine expertise in legal matters. Thibaut Meiers is involved, attentive and an excellent lawyer.’
‘The team is always available to the client and has a pragmatic approach to legal issues.’
‘Very creative and commercial in their solutions. Extremely responsive and collaborative. Deeply experienced team.’
‘Philippe Thomas. Always accessible with an informed vision of legal risks.’
Key clients
Abivax
ArchiMed
Chiesi Pharmaceutical
Nasco Insurance Group
Work highlights
- Advised Endeavor group, and more specifically the International Olympic Committee’s exclusive global hospitality provider, On Location, and IMG in the recruitment of staff and implementation of French employment policies as well as all issues connected to the 2024 Olympics hosted in Paris.
- Advised Abivax in connection with the employment aspects of its successful IPO on the Nasdaq Global Market.
- Advised a medical device group in several sensitive cases, including internal investigations relating to psychological and sexual harassment matters, negotiating a number of employee terminations, as well as the implementation of new workplace structures.
France > Tax Tier 3
Dechert LLP is praised for its ‘excellent knowledge of the fund industry’ with specialist expertise in innovative funds-related tax work. Sabina Comis sits at the head of the practice and is highly regarded for her extensive knowledge of private equity fund formation. Etienne Bimbeau is a key member of the practice and is relied on by clients for his knowledge of LBO transaction and private equity fund structuring.Practice head(s):
Sabina Comis
Other key lawyers:
Testimonials
‘Innovative in promoting legal services tailored to the client’s business needs. The lawyers demonstrated in-depth knowledge of the targeted industries.’
‘Etienne Bimbeau and Sabina Comis: legal skills, knowledge of the investment fund industry, kindness, team spirit.’
‘A team that is both very competent in tax structuring and friendly.’
‘Very strong team, especially in terms of investment funds.’
‘Sabina Comis knows the market very well and always has practical solutions for quite complex issues.’
‘Great expertise in private equity law and taxation. Given their excellent knowledge of the fund industry and the market, advice is always tailored and very oriented towards finding a practical and implementable solution, in strict compliance of course with the legislative and regulatory environment. Excellent, responsive and available practitioners. An essential and highly reliable team.’
‘This is a team that focuses on the concrete feasibility of the solutions it recommends: no solution that is not supported by a quantified model.’
‘Sabina Comis is a very experienced lawyer who knows her market perfectly. Etienne Bimbeau is very technical and inventive. He masters both the tax and regulatory aspects of funds. The fact of not limiting himself to his original practice (tax) allows him to better understand our challenges and offer tailor-made support.’
Key clients
Abivax
Advent International L.P.
ArchiMed
Blisce
Capital Croissance
Elyan (Edmond de Rothschild PE)
Financière Pinault / Groupe Artémis
Iroise Partners
KKR
Roche SAS
Rothschild AM
Tethys
The Goldman Sachs Group, Inc.
Work highlights
- Advised Blisce on the tax and legal structuring of several funds.
- Advised Capital Croissance on the tax and legal structuring of CAIRN Capital III, and several co-investment vehicles.
- Advised French biotech Abivax on the tax aspects in connection with its successful IPO on the Nasdaq Global Market.
France > Banking and finance: transactional work Tier 4
Practice head(s):
Privat Vigand
Testimonials
‘Versatility, experience and expertise, innovation.’
‘Very good knowledge and expertise.’
‘Privat Vigand has great expertise in structuring, particularly complex ones, negotiation skills and availability.’
Key clients
Abivax
Crédit Agricole CIB
Natixis
BNP Paribas
Société Générale
Work highlights
- Advised Crédit Agricole CIB in connection with a financing of the development of a portfolio of student residences.
- Advised a consortium of banks on a Green Loan mortgage facility for the acquisition of one of the largest shopping centers in the Paris Region.
- Advised the lender in connection with the restructuring of the existing financing in the context of the implementation of a heavy refurbishment program.
France > Real estate Tier 4
Commended for its ‘great expertise and finesse in negotiations’, Dechert LLP often handles real estate transactions. Privat Vigand oversees the team and is well versed in green and sustainable financing, while Chloé Lebret is well regarded in the hotel, office, and warehouse sectors.Practice head(s):
Privat Vigand
Other key lawyers:
Testimonials
‘The team is friendly and efficient.’
‘They have great expertise and finesse in negotiations.’
‘Rigour and professionalism coupled with long-standing experience.’
‘Privat Vigand stands out given his ability to find solutions between the parties, his calm and humour in negotiations, and his perfect mastery of subjects relating to real estate financing.’
‘Privat Vigand’s 20 years of practice in real estate financing in all its forms make him one of the recognised and appreciated experts in the market.’
Key clients
Crédit Agricole CIB
Natixis
BNP Paribas
Société Générale
Work highlights
- Advised Crédit Agricole CIB on the financing of a student residence development.
- Advised a consortium of banks on a green loan mortgage facility for the acquisition of one of the largest shopping centres in the Paris region.
- Advised a lender on the restructuring of an existing financing surrounding a heavy refurbishment programme.
France > Mergers and acquisitions Tier 5
Practice head(s):
Alain Decombe; Ermine Bolot
Other key lawyers:
Key clients
Abivax
Arkema
Bénéteau
Chiesi
Crown Holdings
Havea
Laboratoire X.O
Nasco Insurance Group
Vestiaire Collective
Work highlights
- Advised NASCO Insurance Group (Nasco) on a strategic alliance with DIOT-SIACI.
- Advised French biotech Abivax on a series of transactions which allows the biotech to raise over €500 million over the year.
- Advised LXO Group on the acquisition from Bayer of the worldwide marketing rights for the drug Nimotop.
France > Intellectual property: Trade marks and designs
Lawyer Profiles
Photo | Name | Position | Profile |
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Ms Laurence Bary | Partner | View Profile |
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Ms Olivia Bernardeau-Paupe | View Profile | |
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Mr Etienne Bimbeau | Associate | View Profile |
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Ms Ermine Bolot | Partner | View Profile |
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Mr Alain Decombe | Partner | View Profile |
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Mr Cyril Fiat | Partner | View Profile |
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Chloé Lebret | Associate | View Profile |
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Mr Thibault Meiers | National Partner | View Profile |
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Ms Sophie Pelé | Partner | View Profile |
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Mr Antoine Pian | Associate | View Profile |
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Ms Marion Provost | Partner | View Profile |
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Mr Jacques Sivignon | Partner | View Profile |
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Ms Mélanie Thill-Tayara | Partner | View Profile |
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Mr Philippe Thomas | Partner | View Profile |
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Mr Privat Vigand | Partner | View Profile |
Client Testimonials
“Dechert consistently provides differentiating legal advice, particularly on large, complex transactions.”
“The firm did a great job throughout the entire process. They have been proactive and delivered quality advice. As always, a pleasure working with such a great team.”
“We continually have the highest degree of confidence in the work product and coverage of the Dechert team, and they are always a pleasure to work with.”
“Their sophistication, depth of experience, and legal creativity – especially in the area of complex mass tort litigation, is simply unrivalled. When the case is unprecedented and alleged to be perilous, there is no better partner to have in the trenches than Dechert.”
Comparative Guides
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United States: Alternative Investment Funds
Published: September 2024
Authors: Christopher D. Christian
This country-specific Q&A provides an overview of Alternative Investment Funds laws and regulations applicable in United States.
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Germany: Alternative Investment Funds
Published: September 2024
Authors: Angelo LercaraMichael Bayr
This country-specific Q&A provides an overview of Alternative Investment Funds laws and regulations applicable in Germany.
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Hong Kong: Alternative Investment Funds
Published: September 2024
Authors: Michael Wong The author would like to thank Nicole Yeung for her contributions to this chapter.
This country-specific Q&A provides an overview of Alternative Investment Funds laws and regulations applicable in Hong Kong.
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Luxembourg: Alternative Investment Funds
Published: September 2024
Authors: Patrick GoebelChristine Renner
This country-specific Q&A provides an overview of Alternative Investment Funds laws and regulations applicable in Luxembourg.
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Ireland: Alternative Investment Funds
Published: September 2024
Authors: Ciara O’LearyThe author would like to thank Tinomuda Wekare for her contributions to this chapter.
This country-specific Q&A provides an overview of Alternative Investment Funds laws and regulations applicable in Ireland.
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United Kingdom: Alternative Investment Funds
Published: September 2024
Authors: Abigail BellCraig BorthwickDaniel HawthorneRichard HeffnerThiha Tun
This country-specific Q&A provides an overview of Alternative Investment Funds laws and regulations applicable in United Kingdom.
- Industry focus: Healthcare and life sciences