Leveraging the firm’s international network, Clifford Chance is a port of call for multijurisdictional matters, with the team’s client roster encompassing debtor companies, lender groups, commercial creditors and financial institutions. The team’s focus areas extend to advice on disputes regarding manager and lender liability, financial restructurings including debt-to-equity swaps, capital increases, or bond issues. Practice head and restructuring expert Delphine Caramalli‘s recent workload includes advice on conciliation proceedings and a variety of debt restructurings. Financing experts Arnaud Fromion and Frédéric Guilloux joined the firm in January 2025 from Goodwin.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • Delphine Caramalli is recommended.
  • Extremely innovative with alternative approaches to cost management.
  • ‘Clifford Chance demonstrated exceptional proactivity in providing us with the best possible support during a time of uncertainty. Their knowledge of market practices and the intricacies of procedures is a major asset.’
  • ‘A very dynamic, skilled, pleasant, and available team, accustomed to handling major issues.’
  • ‘Clifford Chance's restructuring team stands out for its top-tier technical expertise, supported by clear and effective management. Under the leadership of Delphine Caramali, the team combines legal rigour, pragmatism, and exceptional responsiveness, making it a key player in the market.'

Key clients

  • KingStreet
  • Geismar Rail Industry Technologies
  • Hyvia
  • JV La Française
  • Ma Steel
  • Getir Gorillas Frichti
  • Interpath Advisory
  • Macnica
  • Honda

Work highlights

Advised Macnica, Inc. (Macnica), a Japanese technology solutions provider, on the M&A deal in France regarding their French subsidiary historically known as NAVYA, including the exit of Gaussin and the new joint venture with NTTW.
Advised Interpath on the acquisition of the restructuring business unit of KPMG France by Interpath Advisory and on the acquisition of Kerkhoff in Germany.
Advised HyVia (a joint venture in the hydrogen industry between Renault and Plug Power) on the reorg of Hyvia organized within an in-Court insolvency proceedings (redressement judiciaire) in December 2024.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Delphine Caramalli

Other key lawyers

Arnaud Fromion; Frédéric Guilloux