Our lawyers in London are active in all Dechert’s core practice areas of corporate and securities, financial services and investment management, finance and real estate, white collar defence, international dispute resolution and intellectual property, as well as employment, international trade and EU government affairs, EU and UK competition and tax. Our clients include major corporates, international banks, investment funds, private equity houses and leading players in sectors including energy and natural resources, life sciences, manufacturing, media, real estate, retail and insurance sectors. In addition to domestic and international transactions, our lawyers regularly advise on deals in the emerging markets, in particular central and eastern Europe, the Middle East and Africa.
Corporate and Securities
Our London corporate and securities team advises on all aspects of business and financing transactions. We represent clients ranging from privately owned companies to multinational corporations and financial institutions, and provide the full range of legal services involved in domestic and cross-border transactions. Our lawyers advise in particular with regard to domestic and international mergers, acquisitions, divestitures and joint ventures, acting in both the public and private arenas, on behalf of major corporates and private equity houses; and on capital markets transactions, including initial and other public offerings, private placements of equity and debt, leveraged finance transactions and debt restructurings.
Our London team has won plaudits in the legal directories from peers and clients, who find that the firm’s capital markets practice is “professional, focused and deal-driven” (Chambers UK 2013) and the M&A team is “creative, dedicated and committed” (Legal 500 UK 2012).
Financial Services and Investment Management
The London financial services and investment management team covers the full range of advisory, regulatory and transactional work, from multi-jurisdictional regulatory advice to corporate transactions in the financial services sector. Our lawyers advise open-ended, closed-ended, private equity, real estate, debt and hedge funds on all aspects of their lifecycle from formation to exit, as well as UCITS, exchange-traded products, secondary funds and structured products. The team offers comprehensive advice on membership applications to both the FSA and SEC, as well as the main cash and derivatives markets.
We provide a truly jurisdiction-neutral service and work with our colleagues throughout Dechert’s network of offices in advising clients on determining the most effective fund structures for the type of investments sought and the types of investor targeted and selecting the most efficient location to domicile, administer and service fund business. Our team in London includes US-qualified lawyers, enabling us to advise our clients from a single platform. We believe as a result that we offer our clients, many of whom also operate on an international basis, significant added value.
The team is ranked in the top tier in Chambers UK 2013 for investment funds and described as having “a mastery of the technical aspects of hedge fund taxation and regulations”, and was winner of the Best Onshore Law Firm in the HFM Week Services Awards 2012.
Finance and Real Estate
Our finance and real estate lawyers advise with regard to all aspects of finance, structured finance and securitisation, real estate finance and restructuring, asset sales and investment, and derivatives. We represent banks, building societies, insurance companies, hedge funds, institutional investors, private rating agencies and other financial institutions in all aspects of structured finance. We also provide general banking, regulatory and finance advice to financial institutions, publicly listed borrowers and a wide variety of other clients. Our lawyers have a thorough understanding of global capital markets, and they help shape the industry through their involvement in industry organisations.
Recommended in Chambers UK 2013, the team “receives enthusiastic endorsement from market sources” for being “very proactive and commercially on the ball” and for housing lawyers who are “skilled across the full spectrum of the securitisation market”.
International Dispute Resolution
Lawyers in our international dispute resolution practice group in London represent clients in all types of national and international commercial disputes. We act on behalf of a wide range of companies, institutions and individuals involved in commercial disputes of considerable substance, often complex and international in nature. We provide strategic advice at every stage, aiming always to minimise any adverse impact on our clients’ business and reputation, and to achieve the best possible result on their behalf. Among our team are practicing solicitor advocates, arbitrators, mediators and judges. We are recommended in The Legal 500 UK 2012 and Chambers UK 2013, which describes the team as “held in high regard” with “noted expertise in multi-jurisdictional and multiparty disputes”.
White Collar Compliance
Our white collar compliance team is an acknowledged leader in the industry, with partners whose advice is hailed in Chambers UK 2013 as “second to none,” and praised by interviewees in The Legal 500 UK for “its high-level investigations and corporate crime work”. Our lawyers have advised clients in many sectors on the creation and implementation of their anti-bribery policies and procedures. We help companies to investigate internal and external allegations of corruption and have considerable experience of dealing with anti-corruption investigations. We advise on matters of corporate governance, tax and accounting fraud, issues arising under the Fraud Act 2006, money laundering and other compliance issues. The members of our team have many years of experience defending companies that have been the subject of criminal investigation by law enforcement agencies around the world, and have seen first-hand how enforcement is carried out.
International Trade and Government Regulation
Our international trade and government regulation team helps companies which operate in European countries or trade with European counterparts to comply with trade regulatory requirements and to minimise any trade barriers or negative impacts of European regulation on their business. We counsel clients on a wide range of matters across industries and jurisdictions, on issues including export controls, economic sanctions, trade embargoes, anti-corruption, customs procedures, trade defense measures and national security reviews of foreign direct investment. We differ from other law firms in that our team includes international trade and investment lawyers and public affairs experts, including former EU Commission officials, national regulators and trade negotiators.
Our employment lawyers provide advice and support on the full range of non-contentious and contentious employment matters, working closely with human resources and in-house legal teams to ensure the effective management of all aspects of the employment relationship and related individual and collective employment issues. Employers turn to us for assistance in increasing workplace efficiency, streamlining operations, improving employee relations, and minimising the risk – and disruptive effect – of employee litigation. Our London team is recommended in Chambers UK 2013 which states that it “attracts the respect of the business community for its comprehensive advice on employment law matters. One client approvingly comments that ‘they work with the law to get to commercial solutions’”.
The London intellectual property practice focuses on litigation, counseling and transactional IP matters. We protect and defend our clients’ rights in patent, trade secret, copyright, trade mark, privacy, data protection and IP-competition disputes. We also provide trade mark and copyright counseling and prosecution advice and negotiate licensing, development, joint venture, outsourcing, consulting and other transactional IP agreements. Recommended in the legal directories, Chambers UK 2013 highlights that Dechert’s London team “has long had a good name for its services to clients in IP-heavy industries operating throughout the world”.
Our established London tax practice advises on all aspects of UK direct and indirect taxation and the taxation of international trade. It has extensive experience in all aspects of corporate tax, including UK and international acquisitions and mergers, joint ventures, buyouts, buy-ins and collective investment funds. We also handle domestic and international restructurings for clients engaged in a wide range of industries. The team is particularly strong on transatlantic transactions where integrated US and UK tax advice is required. The team is recommended in the independent legal directories, with Chambers UK 2013 stating that it “has carved out a significant niche in the market place”.
Partnerships and LLPs
Our multidisciplinary team of lawyers provides comprehensive advice on partnership matters, particularly in the financial services sector. Clients rely on us to advise upon the formation of LLPs and LPs, to devise, draft and negotiate the terms of member agreements, to advise on the reorganisation and restructuring of existing partnerships, to devise and draft remuneration provisions and incentivisation plans, and to advise on the removal of members, on changing member terms and member agreements, on individual members joining or leaving partnerships and on disputes between members and the LLP and between members.
Dechert LLP in the UK (“Dechert LLP UK”) is a limited liability partnership registered in England & Wales (Registered No. OC306029) and is authorised and regulated by the Solicitors Regulation Authority of England and Wales. The registered address is 160 Queen Victoria Street, London EC4V 4QQ, UK. A list of names of the members of Dechert LLP UK (who are referred to as “partners”) is available for inspection at the above address. The partners are solicitors or registered foreign lawyers. The use of the term “partners” should not be construed as indicating that the members of Dechert LLP UK are carrying on business in partnership for the purpose of the Partnership Act 1890.