Category Archives: Uncategorized

Ropes & Gray grows financial regulation team in London with addition of Eve Ellis

Ropes & Gray today announced that Eve Ellis, an experienced regulatory lawyer with a focus on fund formation, will join in London as a partner in the firm’s asset management practice. Our global practice, comprised of more than 250 of the industry’s most skilled attorneys, advises clients on a full array of complex asset management questions in Europe, Asia and North America.

Ms. Ellis’s experience complements the firm’s international capabilities. She counsels on a broad range of regulatory issues relating to funds and asset managers, including fund structuring, the marketing of financial products and the establishment of regulated businesses. 

She also advises on change of control applications in the context of M&A and restructuring transactions, the interpretation of the FCA and related rules such as MiFID II, including in relation to client money, outsourcing, anti-money laundering, capital requirements, controllers, remuneration, approved persons and authorization requirements. Ms. Ellis was named by Who’s Who Legal in its Private Funds: Regulatory category in 2018.

“Asset managers seeking to start operations, launch funds or make investments in Europe have a need for sophisticated regulatory advice,” said Bryan Chegwidden, head of Ropes & Gray’s asset management group. “Eve’s addition will further strengthen our capability to offer our asset management clients comprehensive regulatory counseling and insight into U.K. and E.U. regulatory developments and issues.”

With extensive experience on both the sponsor and the investor side, Ropes & Gray’s multi-disciplinary, global asset management team offers advice and tailored solutions to asset managers and investors across all parts of their business lifecycle. An acknowledged market leader in the industry, Ropes & Gray is the only firm ranked nationally by Chambers USA 2018 in the top three bands for each of private investment funds, hedge funds and registered funds, in addition to receiving the Chambers USA 2017 Investment Funds Client Service Award. The firm is also ranked in the Legal 500 UK, Chambers Global, Chambers UK and Chambers Asia for fund formation.

“Eve’s regulatory experience will be highly valued by our asset management clients, who are increasingly seeking U.K. and E.U. regulatory advice relating to AIFMD and MiFID II,” said Mike Goetz, co-managing partner of Ropes & Gray’s London office. “I’m delighted to welcome her to the firm.”

Ms. Ellis’ appointment also follows the promotion of Aditya Khanna as finance partner in London, as part of the largest partner promotion round in the firm’s history. Including Ms. Ellis, Ropes & Gray will have 24 partners in London, 42% of whom are women.

Dechert Strengthens its Global Finance Group with London Partner Hire

Dechert LLP has expanded its 140-lawyer strong global finance group with the strategic hire of London-based partner Sarah Smith. Spanning the world’s major financial centers, the group provides clients with creative financing strategies and innovative deal structuring.

Sarah Smith advises on complex financial products with a focus on public and privately placed structured finance transactions, and the restructuring of structured finance instruments. Miss Smith also has significant experience advising on the structuring of and investments in bank capital instruments.

“Sarah’s addition will boost our global finance offering and offer our clients an enhanced service from London,” said Richard D. Jones, co-leader of the global finance and real estate practice groups, “We continue to grow our global finance platform to help meet our clients’ increasing and complex needs, across all key locations.”

London management committee chairman Gus Black added, “Sarah adds significant further depth to our global finance offering and complements our existing structured finance, securitization and restructuring capabilities.”

Dechert’s global finance practice group recent hires include London-based structured finance and securitization specialist Cameron Mitcham, Dubai-based Stephen Kelley and Sarah Mahood, and Paris-based Privat Vigand.

Dechert’s finance capabilities are focused on commercial real estate finance, collateralized loan obligations, commercial mortgage-backed securitization and asset-backed securitization. The global finance team advises leading investment banks, commercial banks, insurance companies, REITs and other public and privately held corporations, private equity sponsors, hedge funds, debt funds, mezzanine lenders, alternate lenders and other market participants.

Daniel Wilmot joins Stewarts’ International Arbitration department from White & Case

Daniel Wilmot has joined Stewarts as a partner within International Arbitration, joining head of department, Philippa Charles to make a team of eight.

Daniel is an arbitration specialist with extensive experience of advising in the oil and gas and technology sectors.  He has a particular expertise in disputes connected with the African continent and Middle Eastern region and has acted for corporates, investors, high-net-worth-individuals and state entities.  

Daniel also has experience of English court litigation, investment treaty arbitration and forms of alternative dispute resolution (ADR), including mediation and expert determination.

Daniel comments:

“I am delighted to join the International Arbitration team at Stewarts.  The team already punches above its weight and has built both an impressive reputation and portfolio of cases, leveraging Stewarts’ platform as a conflict-free and innovative law firm focussed exclusively on disputes work.  I look forward to contributing to the team’s successes.”

Daniel joins Stewarts from the international arbitration team at White & Case, where he spent a number of years.  Prior to that, Daniel spent over eight years in the commercial disputes team at Pinsent Masons.

Philippa Charles comments:

“Daniel’s experience, expertise and focus in disputes concerning Africa and the Middle East are a great fit with our existing practice.  We are delighted that he has joined us and look forward to continuing to grow the arbitration practice at Stewarts.”

Daniel’s arrival brings the number of partners at Stewarts to 68 across its two UK locations.

Omega Poole joins as a Real Estate Partner to launch new debt advisory service

Mishcon de Reya has announced the appointment of Omega Poole, who will join the firm on Tuesday 23 April as a Partner in the Real Estate department. Omega will be part of the Real Estate Finance Group, bringing the additional offering of debt advisory services for the firm’s clients. She joins from Brown Rudnick, where she was also a Partner.

Omega qualified and practised as a solicitor at Herbert Smith prior to attaining an MBA from INSEAD. She was a Director in the Corporate Finance team at CBRE immediately before joining Brown Rudnick. There her practice straddled legal, commercial and corporate services, advising clients with private capital investing in, or financing, pan-European real estate.

She is experienced in advising on transactions that vary in terms of geography, structure and industry – including single asset, portfolio, direct or credit investments. Taken together with the legal advice Mishcon de Reya’s Real Estate lawyers provide, clients will now be able to benefit from integrated services throughout real estate transactions, from sourcing of debt to completion.

Commenting on Omega’s appointment, Mishcon de Reya Partner Nick Strutt, who heads up the Real Estate Finance Group, said:

“Omega’s arrival brings a new offering for our clients, which directly tackles the growing challenges for borrowers. She is an impressive individual who will help our clients navigate the market during these unsettled times, advising on the many alternative financing opportunities that are emerging in order to help them secure the best deals possible.  

“Her appointment will complement our current financing offering, which includes advising borrowers and lenders on all aspects of real estate finance. This move speaks to our overarching vision of offering more holistic, broader consultancy services to our clients, whose needs are constantly evolving.”  

K&L Gates Names 24 New Partners Across Four Continents

The partners of global law firm K&L Gates LLP have voted to elect the following lawyers from across the United States, Europe, Asia, and Australia as new partners of the firm, effective March 1, 2019. Nearly 55 percent (13 of 24) of the lawyers in this latest class are women.


 
“We are proud and delighted to welcome such a diverse and talented group of lawyers into K&L Gates’ partnership,” stated James Segerdahl, K&L Gates’ Global Managing Partner. “We look forward to the contributions these lawyers will continue to make – individually as well as collectively – to our firm and the clients we serve.”

Abigail Hemnes and Pablo Man were named partners in the firm’s Boston office, where they both are members of the firm’s investment management practice. Hemnes represents open- and closed-end investment management companies and mutual fund complexes on a variety of regulatory and compliance matters, while Man counsels investment advisers, closed-end funds, alternative open-end funds, and unregistered funds on matters including adviser registration, compliance, and performance advertising.



In Charlotte, Brittany Doolittle and Aaron Rothman have been named partners. Doolittle focuses her practice on corporate transactions, including mergers and acquisitions, private equity, and general corporate law matters. Rothman advises on corporate finance, mezzanine finance, private equity, and restructuring and insolvency matters.



Devon Beane and Ryan Severson are new partners in the firm’s Chicago office. Beane concentrates her intellectual property practice on patent litigation, appellate litigation, patent licensing, and client counseling, while Severson counsels on a wide range of healthcare regulatory issues, including fraud and abuse compliance, the federal 340B Drug Pricin

DLA Piper establishes Litigation Regulatory offering in Dublin with partner hire

DLA Piper today announces the appointment of Caoimhe Clarkin as a Litigation & Regulatory partner in the firm’s Dublin office. This is the seventh partner hire for DLA Piper in Dublin this year.

Caoimhe will be joining the firm in August from A&L Goodbody where she has been working on compliance and regulatory investigations and on complex, high profile cases in the Irish Commercial Court. She advises domestic and international clients on financial services litigation including investment funds and insurance litigation, M&A and shareholder disputes, directors’ and auditors’ liability, product liability, data privacy, cyber and disclosure issues.

Caoimhe has experience in domestic and international corporate criminal and regulatory investigations, having acted for a number of Irish and international clients in investigations by domestic and international regulatory bodies.

Jean-Pierre Douglas-Henry, Global Co-Chair of the Litigation & Regulatory group, said: “Caoimhe’s hire establishes DLA Piper’s Litigation & Regulatory offering in the Irish market, reinforcing what is the largest dedicated regulatory, compliance and disputes practice globally. Caoimhe brings strong client relationships in Ireland, the UK and in Europe. This is an excellent development for our global clients with an Irish presence or connection, particularly as Brexit unfolds and presents significant opportunities in the region.”

Loren Brown, Global Co-Chair, Litigation practice and Co-Chair, US Litigation practice, said: “Ireland remains a key location for US and other multinational companies. Ensuring we have a strong Litigation & Regulatory capability in this exciting market is an important part of our global offering. We welcome Caoimhe to the firm and look forward to working with her.”

Country Managing Partner for DLA Piper in Ireland, David Carthy, added: “Caoimhe is a natural relationship builder and the energy with which she approaches her work, combined with her deep knowledge of the Irish legal market, has earned her the trust and respect of her clients and peers alike. Her experience as Diversity & Inclusion partner in her former firm complements the Dublin office strategy and culture. We are excited to have Caoimhe join our team in Dublin and to build our Litigation & Regulatory practice in the market.”

O’Melveny’s White Collar Defense & Corporate Investigations Practice in New York

William Martin, senior counsel in the U.S. Securities and Exchange Commission’s Enforcement Division, has joined O’Melveny in New York as counsel in the firm’s White Collar Defense & Corporate Investigations practice.

As a member of the SEC’s Market Abuse Unit, Martin investigated and prosecuted cases involving insider trading, market structure practices, and other trading schemes. Based in the SEC’s New York office, he worked closely with other law enforcement and regulatory agencies, including the Justice Department, FBI, IRS, and FINRA. His responsibilities at the SEC included developing investigations, recommending enforcement measures, and negotiating settlements.

Martin received multiple awards at the SEC for his work investigating high-profile cases. His experience also includes matters involving the Foreign Corrupt Practices Act (FCPA), failure-to-supervise, investment advisors, and cybersecurity.

Steven Olson, chair of O’Melveny’s White Collar Defense & Corporate Investigations group, said, “Bill Martin is a well-rounded and highly-respected enforcement lawyer who will be an invaluable asset to our practice and our clients. His tenure at the SEC and experience with other regulatory agencies will enhance our representation of individuals and companies in internal investigations and enforcement proceedings, especially in areas involving financial markets.”

O’Melveny’s bench of white collar lawyers is among the deepest in the country. The team has for decades represented companies, boards, and individuals in court and before governmental agencies and regulators in the United States, Europe and Asia.

“I’m excited to join O’Melveny, recognized internationally for its strong track record and outstanding bench of lawyers who know how to help clients respond to government inquiries, whether an informal review or a full-scale investigation and enforcement action,” Martin said. “The firm has counseled some of the nation’s most prominent corporations, board committees, individual officers and directors, and others. I look forward to adding my experience to the group.”

Martin is the fourth federal enforcement official to join O’Melveny in the past year. The firm welcomed Lisa Monaco, former Homeland Security and Counterterrorism Advisor to President Obama and former Assistant Attorney General, just last month. She followed the 2018 arrivals of former Assistant U.S. Attorney Nicole Argentieri, who served in a leadership role in the Eastern District of New York, and Ben Singer, who headed the Justice Department’s Securities & Financial Fraud Unit.

Before the SEC, Martin worked at a major New York law firm, advising clients facing federal and state investigations, shareholder derivative and securities litigation, and internal investigations. His practice included a significant cross-border component and notable litigation brought under the FCPA.

Martin earned his law degree, with honors, from University of Chicago Law School, where he served as comment editor of the University of Chicago Law Review and as a faculty research assistant in international law. Before law school, he received an MPA in Domestic Public Policy from Princeton’s Woodrow Wilson School, and a BA, magna cum laude, in Economics and Political Economy from Carleton College, where he was a National Merit Scholar and student body president.

Martin clerked for the Hon. Chester J. Straub of the U.S. Court of Appeals for the Second Circuit in 2007 to 2008 and the Hon. P. Kevin Castel of the U.S. District Court for the Southern District of New York in 2005 to 2006.

Ashurst’s investment in global project finance continues with another partner hire

International law firm Ashurst today announces that Simon Moore will be joining as partner in the London team.

Simon joins from Simmons & Simmons where he has been a partner since 2016. Prior to that, he worked at global investment company, Mubadala, where he was general counsel of each of real estate & infrastructure and petroleum & major projects. Based in Abu Dhabi, he managed legal teams in the UAE and South East Asia.



Simon has extensive experience of advising on projects in the UK and Middle East in the infrastructure, oil & gas and renewable energy sectors. He has acted on a broad range of concession-based transactions for sponsors, contractors, funds, lenders and government in healthcare, education, student accommodation, transport, defence, renewables and energy. Simon advises on all forms of project documents, including joint ventures, shareholders agreements, concession, offtake, construction and outsourcing agreements.



Andy Fraiser, global head of project finance, commented:



“Simon’s appointment further demonstrates our commitment to significantly building up our capability in the global project finance market, which represents a major growth opportunity for Ashurst. Having just appointed partner Matt Wood in Abu Dhabi, this is yet another step that will help us respond to demand and capitalise on all opportunities. Simon has fantastic experience and given his time as general counsel, a proven ability to see matters from the client’s perspective. I am confident that he will play a very valuable role in the further development of our global practice.”



Simon Moore added:



“Ashurst has exceptional projects capability and credentials in key hubs in the US, UK, Australia, Continental Europe and the Middle East. Joining a firm and a global team of such high calibre affords the best possible platform and opportunity to help drive forward Ashurst’s market-leading practice. I am really looking forward to working with the global team and helping achieve some great results for clients.”

We announce our UK senior promotions for 2019

Today we announce eleven senior promotions in the UK, with five lawyers appointed to our partnership and six to the position of senior counsel. All promotions will take effect from 1 May 2019.

Commenting on the promotions, Managing Partner, Shane Gleghorn, said:

“I am pleased to confirm this year’s partner and senior counsel promotions. We are fortunate to be surrounded by creative, ambitious and dedicated lawyers who push the boundaries and are eager to succeed. All those promoted reflect the firm’s diverse range of talent across sectors and practice areas. Many congratulations to all and I look forward to working with them in their new roles as we progress the firm.”

The new partners are:

Alexander Erskine, Private Client

Alexander joined the firm in 2011 and specialises in cross-border tax and succession planning for international clients, with an increasing focus on tax compliance and confidentiality concerns.  Alexander also has particular expertise in UK tax compliance, helping both individuals and professional trustees discharge their obligations and manage their risk in relation to complex positions.

Lauren Fendick, Real Estate

Lauren Fendick joined the firm in 2011. She deals with all aspects of commercial real estate work, including acquisitions and disposals, property development and landlord and tenant matters. 

Amy Patterson, Restructuring and Insolvency

Amy Patterson joined the firm as a trainee in 2007. Amy acts on both contentious and non-contentious insolvency matters as well as corporate restructurings. She advises distressed debt investors, lenders, corporates, landlords, directors and insolvency practitioners in respect of all areas of domestic and cross border insolvency and restructuring law.

Adam Rendle, IP and Media

Adam Rendle is a copyright, media and brands specialist who joined the firm in 2007. He provides a wide range of support for his clients, including complex, strategic advisory work, litigation and disputes, content and advertising deals and corporate transactions. He focuses on the media and tech industries, advising major clients across music, publishing, broadcasting, advertising and digital services.

Alexandra Richardson, Corporate Technology

Alexandra joined Taylor Wessing in 2011 and specialises in advising investors, companies and management teams on a wide variety of corporate transactions, including mergers and acquisitions, equity funding transactions and restructurings, particularly in the technology, media and communications and life sciences sectors.  Much of Alexandra’s work is cross border in nature, and she works regularly with parties across Europe, Asia and the US.

Taylor Wessing attracts new Head of Financial Services & Competition from Covington & Burling

Taylor Wessing has appointed Charlotte Hill as its new Head of Financial Services & Competition. Charlotte joins the firm as a partner from Covington & Burling.

Charlotte has an excellent reputation in the market having been Head of EU Financial Services & Regulation at Covington & Burling for over 5 years.

Charlotte brings a wealth of experience to our firm. In addition to leading Covington and Burling’s EU Financial Services & Regulation group, her previous roles have included General Counsel at Threadneedle Investments (now Columbia Threadneedle) and enforcement lawyer in the Enforcement Department at one of the FCA’s predecessor regulators.

Welcoming Charlotte to the firm, Managing Partner Shane Gleghorn said: “Charlotte is very experienced and well-regarded. We’ve had plans in place to grow our team for some time and it is important for us to attract the best possible talent.”

“Charlotte’s specialist expertise provides greater opportunities for our clients – particularly in the technology and life sciences sectors. These are areas we are known for and will continue to strengthen.”

On joining the firm, Charlotte Hill said: “I am really delighted to be joining Taylor Wessing and am looking forward very much to being a part of its continued success.”