
Leveraging 'strong business and technical understanding' developed over its many years at the vanguard of the finance sector – through both its pioneering work at a transactional level as well as through leadership roles on many industry groups – Clifford Chance remains a popular choice for creditors and debtors across a wide range of new money deals and restructuring transactions. Although it has also seen a rise in transactions papered under Luxembourg law, the team remains best-known for its work alongside key European-based network offices on cross-border mandates. While all five partners in the team are fairly versatile in the field, each individual has some degree of specialisation. Combining his duties as regional managing partner for continental Europe with a thriving fee-earning practice, Steve Jacoby is particularly skilled at advising on financial services regulatory matters, including in the rapidly developing fintech space. The 'very responsive' Marc Mehlen has a creditor-side focus across a range of new money finance transactions, and as well as handling a regular flow of work for banks, he has also overseen a growing number of cross-border mandates for debt funds as well as lenders. Although she handles some new money mandates, including within the real estate space, Stefanie Ferring is best-known for her restructuring expertise, with work running the gamut from formal insolvencies through to special situations-related mandates and distressed M&A. The team is rounded out at partner level by Martin Wurth, a fund finance expert, and Christian Kremer, whose corporate expertise frequently sees him engaged in financial services-related M&A.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The team has a strong business and technical understanding.'
- 'Steve Jacoby provides outstanding advice as he perfectly combines his technical capabilities and his knowledge of the local specificities at work in the Luxembourg public sector and the financial sector in order to provide advice with high strategic value far beyond the legal value.'
- 'Marc Mehlen is very responsive.'
- 'Martin Wurth has strong negotiating skills and has very good legal expertise and industry knowledge in Luxembourg fund financing.'
Key clients
- Ares Management
- National Westminster Bank PLC, Nordea, ING Bank, Deutsche Bank
- Standard Chartered Bank
- HQLAx S.à r.l.
- PIERER Mobility AG
- Jacobs Holding AG
- L'Occitane International S.A. (LOI)
- China Merchants Bank and Natixis
- Inter-American Development Bank
- European Investment Bank (EIB)
- J.P. Morgan Securities LLC
- Crédit Industriel et Commercial S.A
- The Baupost Group, Diameter Capital Partners
- TPG Angelo Gordon
- Vantage Data Centers
Work highlights
Advising the RCF Lenders Steerco in respect to the ongoing high-profile restructuring of the Lowell GFKL Group, one of the largest credit management services providers in Europe.
Advised Vantage Data Centers, a leading global provider of hyperscale data center campuses, as it raises through a Luxembourg entity €640m in securitised term notes.
Advised the global co-ordinators, mandated lead arrangers and bookrunners in connection with a €4.5bn -equivalent dual tranche EUR and USD TLB extension and refinancing for Froneri (the PAI Partners and Nestle joint venture frozen food and dairy company).
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Steve Jacoby; Marc Mehlen; Stefanie Ferring; Martin Wurth; Christian Kremer
Other key lawyers
Adnes Muhovic; Margaux Felix; Boika Deleva; Antonio Arenas Torres; Sadan Ramovic; Hilda Bertamé; Donald Sefer; Yi Wang; Isadora Rousselle; Marie-Elise Gueble; Federica Gamen



