A&O Shearman ‘s comprehensive capital markets and financial expertise also spans derivatives and structured finance, with the firm often advising leading French banks. In the derivatives space, the team advises on OTC credit derivatives, rates, FX, equities and commodities as well as on compliance and regulatory issues (new EMIR regulations), and recently worked on the derivatives aspects linked to the debt restructuring of leading publicly listed French corporations. On the securitisation front, the practice assists banks with work spanning various class of assets such as auto ABS, RMBS and synthetic securitisation. The practice is co-headed by Hervé Ekué on the derivatives side and Fabrice Faure-Dauphin for securitisation advice. Counsel Caroline Marion provides support.
Derivatives and structured finance in France
A&O Shearman
Responsables de la pratique:
Hervé Ekué; Fabrice Faure-Dauphin
Autres avocats clés:
Caroline Marion
Les références
‘Expert team in the securitisation segment, good advice, ability to offer innovative, relevant solutions, without documentary complexity. High quality of execution’.
‘Fabrice Faure-Dauphin: high-quality partner, concerned about the quality of work delivered by his teams, great capacity for reflection on complex subjects, attentive. Very trustworthy. Caroline Marion: high-quality lawyer as well, great relevance of advice, efficient, very good understanding of complex subjects. Very trustworthy.’
‘Great securitisation knowledge.’
Principaux clients
Accor
ACMN Vie
Altarea
Amundi
Apax
APE
AXA
BPCE
Bpifrance Investissement
Bpifrance Participations
Caisse des dépôts et consignations
CEA Investissement
CNP Assurances
Compagnie des Alpes
Covivio/ Covivio Hotels
Crédit Agricole CIB
Crédit Mutuel (formerly CM-CIC)
DNB Bank
EDPR
Euronext
Euroxx Securities
Gecina
Groupama
Fonds Stratégique de Participations
KBC Group NV
Kepler Cheuvreux
Clariane
La Banque Postale
La Mondiale
Natixis
Groupe Arnault
PAI Partners
Promontoria
RCI Banque
Rexel
Sartorius
Skandinaviska Enskilda Banken
Ubisoft
Clifford Chance
Clifford Chance boasts a comprehensive offering in the field of derivatives and structured finance with the Parisian team able to leverage on the firm’s international platform (notably the London office). The sizeable team has a strong following among French banks while also assisting other international financial institutions and some corporations. In the structured finance front, the practice handles domestic, pan-European and African work, spanning factoring, securitisation and rare transactions such as the setting up of ABCP conduits. In the derivatives space, the team notably advises on the hedging aspects of corporate and project finance transactions. The practice is co-headed by the highly experienced Jonathan Lewis, Julien Rocherieux and Frédérick Lacroix . Also recommended are senior counsel Fabien Jacquemard and counsel Sophie Guilhem-Ducléon .
Responsables de la pratique:
Jonathan Lewis; Julien Rocherieux; Frédérick Lacroix
Autres avocats clés:
Fabien Jacquemard; Sophie Guilhem-Ducléon
Les références
Jonathan Lewis and Sophie. Guilhem-Ducléon are both very hard working and good at thinking out of the box.
‘Fabien Jacquemard: high-level and unwavering involvement in each case. He is available, responsive and always adopts a constructive and practical approach. His talent as negotiators ensures the most adequate legal protection.’
‘Good listening skills.’
Principaux clients
Crédit Agricole Corporate and Investment Bank (CACIB)
IFC and Emerging Africa Infrastructure Fund (EAIF)
Standard Bank
KfW
Allianz
BNP Paribas
Deutsche Bank
ING
Intesa Sanpaolo
Bpifrance
Euler Hermes
SACE
Infranity
AXA IM
BPCE
CIC
Deutsche Bank
Barclays
Goldman Sachs
Weinberg Capital
Siparex
Crédit Foncier de France
Hitachi
Keensight
Amundi
EDF
TotalEnergies
Engie
Natixis
Elior
Principaux dossiers
- Advised BNP Paribas Factor S.A. on a multi-jurisdiction factoring programme for Atos SE and various subsidiaries of Atos SE.
- Advised Elior on the implementation of a new securitisation programme of trade receivables in several European countries.
- Advising Natixis on the refinancing of a portfolio of 5 French Prime Assets.
Hogan Lovells (Paris) LLP
Hogan Lovells (Paris) LLP 's excellent Parisian team seamlessly combines forces with the firm’s other international offices to handle complex cross-border and pan-European work. The practice impresses by its high-level securitisation expertise, advising leading banks and originators on large auto loan, leasing and RMBS transactions. The highly regarded Sharon Lewis and the excellent Laura Asbati are absolute references in the abovementioned area. Additionally, Katia Merlini is also a strong name for derivatives work, advising many leading French and international banks. Counsels Reza Mulligan, Ailsa Davies and Julie Toux provide strong support.
Responsables de la pratique:
Sharon Lewis; Katia Merlini; Laura Asbati; Vincent Fidelle
Autres avocats clés:
Ailsa Davies ; Reza Mulligan; Julie Toux
Les références
‘Close-knit team. People contribute to solving problems, wherever they are located and respond professionally and constructively to questions related to specificities in their jurisdiction. Good pan-European expertise of this team, able to provide innovative solutions on certain subjects, particularly ESG’.
‘Katia Merlini is exceptional, an outstanding lawyer. Sharon Lewis has perfect knowledge of law and of her clients.
‘This team is very rigorous and attentive. Management is very attentive to the client and their constraints. They intervene appropriately when they think that discussion points are necessary. Day-to-day relations are fluid and efficient. Knowledge of securitization operations is very high (well above average). The quality of deliverables is excellent.’
Principaux clients
Ayvens (Société Générale Group)
Banco Santander
BofA Securities Europe
Boursorama (Société Générale Group)
Compagnie Générale de Location d’Equipements (Société Générale Group)
Crédit Agricole Leasing & Factoring (Crédit Agricole Group)
Credit Agricole Investment and Corporate Bank
Edmond de Rothschild (France)
France Titrisation
HSBC Continental Europe
ING Bank N.V.
Société Générale
Stellantis Bank
UniCredit Bank
Principaux dossiers
- Advised HSBC Continental Europe as Arranger and Joint Lead Manager, ING Bank N.V. as Joint Lead Manager and Banco Santander, S.A. as Joint Lead Manager on CREDIPAR’s new public STS and ECB eligible auto loan securitisation transaction (Auto ABS French Loans 2024).
- Advised Crédit Agricole Leasing & Factoring (“CAL&F”) as originator and Servicer and LixxBail as Seller on CAL&F’s inaugural public STS and ECB eligible securitisation of a portfolio of French professional equipment lease receivables arranged by Crédit Agricole Corporate and Investment Bank.
- Advised Edmond de Rothschild (France) as Issuer, Arranger and Dealer in relation to the derivative-linked provisions for embedded derivatives of their structured debt issuance program governed by English law and approved by the regulator in Luxembourg.
Jones Day
Jones Day gathers comprehensive expertise in the field of derivatives and structured finance. Through Christine Van Gallebaert, the practice has high-level securisation and covered bond expertise, assisting leading banks and arrangers with the set up of large home loans and consumer receivable securitisation funds and subsequent notes issuances. In the derivatives space, senior partner Alban Caillemer du Ferrage is one of the top experts in the field, co-leading the practice with Qian Hu who assists banks and companies with their derivatives needs.
Responsables de la pratique:
Alban Caillemer du Ferrage; Qian Hu; Christine Van Gallebaert
Les références
‘A dynamic and technical team in securitisation. They are proactive and offer great availability.’
‘Christine Van Gallebaert has great experience and comes up with proposals.’
Principaux clients
BNP Paribas
Bank of China
Crédit Immobilier de France Développement
Natixis
BPCE S.A.
International Swaps and Derivatives Association (ISDA)
French Banking Federation (FBF)
International Capital Markets Association (ICMA)
Securities Industry and Financial Markets Association (SIFMA)
German Banking Association (Zentraler Kreditausschuss)
Financial Markets Lawyers Group (FMLG)
Crédit Agricole S.A.
Arval Service Lease
AXA Home Loan SFH
October S.A.
Silvr
Citi
General Mills
Hermès
Crédit Agricole CIB
Orrick
Orrick is a reference in the securitisation space where the team advises leading financing institutions as well as some originators on large transactions, entailing the setting up of FCT, and synthetic securitisation as well as asset back lending and NPL portfolios transactions. The practice is regularly involved in some of the market’s largest deals and in ground-breaking and innovative transactions such as advising on the insurance securitisation transaction of insurance risks recently. Its range of work spans SME loans, as well as commercial, trade and auto leasing receivables. The practice also handles various other structured finance and factoring work. The team is headed by Hervé Touraine , with Olivier Bernard the other key member. They are ably supported by of counsels Judith Rousvoal and Laure Seror .
Responsables de la pratique:
Hervé Touraine
Autres avocats clés:
Olivier Bernard; Judith Rousvoal; Laure Seror
Les références
‘Olivier Bernard’s team is a reference in securitisation, particularly of financial receivables.’
‘Olivier Bernard; perfect knowledge of the securitisation market, practices and standards, very good organisationnal skills and endowed with unfailing calm.’
‘Hervé Touraine’s technical expertise is essential. The team is committed to innovating.’
‘Judith Rousvoal and Hervé Touraine are a very technical duo and facilitate discussions during special situations by suggesting constructive solutions.’
‘High quality services, innovative team that is open to exchanges and to new forms of collaboration.’
‘Olivier Bernard and Laure Serror stand out for their listening capabilities.’
‘They are very knowledgeable in commercial and financing law. They are flexible and adapt to client’s needs and demands. They work in a very efficient mode’
‘Judith Rousvoal is a senior lawyer which is very well prepared and is knowledgeable. Hervé Touraine has broad experience, a common sense and great capacity to adapt to clients’ needs, demands and changes.’
Principaux clients
Axa Banque
BNP Paribas
BPCE
Crédit Agricole Consumer Finance
Crédit Agricole Corporate and Investment Bank (CRÉDIT AGRICOLE CIB)
La Banque Postale
Morgan Stanley
Natixis
Natixis Investment Managers International (AEW)
Société Générale
Virtuo
Fraikin
Principaux dossiers
- Advised client BPCE and Natixis as joint arrangers on the establishment of “BPCE Consumer Loans FCT 2024”, a €900 million public securitisation of consumer loans initiated by the BPCE Group.
- Advised Natixis Investment Managers International and the BPCE group on the structuring and setting up of a €535 million direct lending fund which purport to mutualise the origination capacity of the BPCE group in the mid-size corporate lending space.
- Advised Crédit Agricole Corporate and Investment Bank as arranger, on the implementation for Crédit Agricole Leasing & Factoring of FCT CA Leasing 2023-1, their inaugural public auto and equipment lease securitisation,
Addleshaw Goddard
Addleshaw Goddard has a strong following among international banks (US and UK banks notably) which the practice advises on the review and setting up of derivatives agreements (FBF Master Agreement, Collateral Security Agreement) and other regulatory requirements (EMIR). The practice also advises clients in the context of major debt restructuring situations. The practice is led by star partner Julien Bacus .
Responsables de la pratique:
Julien Bacus
Les références
‘Julien Bacus is one of the most renowned derivatives specialists in the market.’
‘Without a doubt, Julien Bacus is a market leader. He knows the derivatives market, the law and market practices, as well as anyone in Paris. He stands out from his competitors by his responsiveness and his ability to innovate in the implementation of solutions.’
‘Very high quality, reliable and responsive team. They know their materials and products perfectly and are able to provide sound advice taking into account the requirements and constraints of their customers.’
‘Julien Bacus (partner) is one of the market experts in his field. Unmissable.’
Principaux clients
UBS Bank AG
Sagemcom
JP Morgan
MUFG Securities EMEA plc/MUFG Bank
Barclays Bank plc
Bank of America / BofA Securities Europe
HSBC
Portakabin/Shepherd Building Group Limited
Faurecia
Nomura
Principaux dossiers
- Advising UBS Bank AG on the negotiation of the EMIR Initial Margin with French counterparties.
- Advising Bank of America on the modification of its internal templates and guidelines in the event of a counterparty default under an ISDA Master Agreement to FBF Master Agreements.
- Advising Barclays Bank plc on a bridge related to the inclusion of ISDA definitions in a French law governed confirmation related to a FBF Agreement.
Ashurst LLP
Ashurst LLP stands out for its ability to cover both derivatives and structured finance work, offering both French and UK law expertise in Paris. The team is entrusted by leading French and international financial institutions, asset managers, fintechs and funds to assist with a full range of structured products and derivatives issues. The team notably works alongside international banks on the establishment and updating of new structured products and repackaging programmes. The practice is co-headed by experienced derivatives expert Hubert Blanc-Jouvan and Agathe Motte who is quickly becoming a reference on French securitisation matters. Counsel Aurélien Fournier and Annabel Bratby provide key support.
Responsables de la pratique:
Hubert Blanc-Jouvan; Agathe Motte
Les références
‘The team offers very varied skills in the distribution and issuance of structured products as well as in derivative products. The team is truly passionate’.
‘Annabel Bratby is fair, available, expert and caring. She is truly passionate about the profession and the environment. Strong research and rigor in the context of their activity.’
‘Simplicity and innovation.’
Principaux clients
BNP Paribas
Crédit Agricole Corporate & Investment Bank
BPCE Financement
Eiffel Investment Group
Alma SAS
Defacto SAS
Smart Lenders Asset Management
Pony SAS
Bank of America
Barclays
Goldman Sachs
TP ICAP
JP Morgan
Citigroup
Société Générale
Principaux dossiers
- Advising numerous international banks on the updates of their English law and French law Structured Products Programmes.
- Advised Alma S.A.S. on the structuration of a securitisation transaction arranged by BNP Paribas SA,
- Advising BNP Paribas as arranger on a securitisation transaction of a portfolio of €850 million German law governed consumer loans receivables originated by Consorz Finanz.
CMS Francis Lefebvre
CMS Francis Lefebvre is recommended for its excellent securitisation know-how that covers a high diversity of assets and products (including synthetic securitization, non-performing loans and energy receivables), often assisting arrangers and credits institutions with the setting up and amend of programmes. The team also has a strong knowledge of covered bonds and also provides some advice on derivatives. Grégory Benteux and Alexandre Bordenave are excellent references in the field of securitisation, while Marc-Etienne Sébire and counsel Pauline Larroque advise on derivatives.
Responsables de la pratique:
Grégory Benteux; Marc-Etienne Sébire
Autres avocats clés:
Alexandre Bordenave; Pauline Larroque
Les références
‘The team is competent’.
‘The team is friendly and always available.’
‘Gregory Benteux is always available and always looking to find solutions.’
Principaux clients
Sienna AM France
Crédit Agricole Leasing & Factoring
La Banque Postale Leasing & Factoring
Credit Agricole SA,
Credit Agricole CIB
MMB SCF
My Money Bank CCF SFH
Crédit Agricole Home Loan SFH
SFIL
CAFFIL SCF
BPCE SFH
Crédit Mutuel Home Loan SFH
La Banque Postale Home Loan SFH
Sofac Structured Finance
BNP Paribas
Bpifrance financement
Société Générale
Crédit Mutuel
My Money Bank
CCF
Principaux dossiers
- Advising Credit Agricole SA for the setting up of a new covered bonds issuer and a €83 billion covered bonds program.
- Advising the originator for the implementation of a buy-now pay later receivables’ STS international securitisation transaction.
- Advising BNPP for the implementation of a securitisation of buy-now-pay-later receivables.
Herbert Smith Freehills LLP
Under the leadership of Vincent Hatton , Herbert Smith Freehills LLP is regularly retained by leading French banks to advise on major and large trade receivables and other commercial receivable assets securitisation programmes and financing. The practice also assists funds, asset managers, insurance companies and corporates, while its range of involvement also extends to factoring and non-performing loans transactions. Additionally, DCM and banking and finance expert Louis de Longeaux provides guidance to leading corporations on derivatives, while of counsel Philippe Desvignes. provides key support.
Responsables de la pratique:
Vincent Hatton; Louis de Longeaux
Les références
‘The team offered tailored support.’
‘Vincent Hatton is always on hand to guide clients as to differences and similarities between the legal and regulatory position in France compared with the UK, US and other European jurisdictions. ’
Principaux clients
Crédit Agricole Corporate and Investment Bank (CACIB)
Société Générale
Orange Bank
BNP Paribas
Alstom SA
Alstom Transport SA
Safran
ITAU BBA INTERNATIONAL Plc
Vivendi
JCDecaux
Bureau Veritas
Groupe Adeo
Tarkett
Ardian
Accorhotels
Arkema
Sanofi
RTE
Indigo
Linklaters
Linklaters is renowned for its high-level securisation expertise to which leading banks and financial institutions, often acting as arrangers or investors, turn to for their large transactions. The range of work spans RMBS, auto loans, auto leases and other consumer loans and ABS securitisation transactions, while the team is also acknowledged for its rare expertise in the field of insurance risk securitisation. The practice also regularly advises on portfolio transactions include sales and investments relating to non-performing loans (notably linked to SMEs). Practice head Patrice Doat is highly regarded and ably supported by counsel Guillaume Malaty.
Responsables de la pratique:
Patrice Doat
Autres avocats clés:
Guillaume Malaty
Les références
‘The team has developed real expertise in the securitisation of insurance risk. This is a very confidential niche that Linklaters masters. The quality of service is exceptional and is based on a very available team, eager to move things forward.’
‘Patrice Doat and Guillaume Malaty are experts in securitisation, and have developed a very specific expertise in the securitization of insurance risks, which is a rare resource on the French market.’
Principaux clients
BNP Paribas
Cerberus European Investments
CREDIPAR
Crédit Agricole Corporate and Investment Bank
European Investment Fund
HSBC Continental Europe S.A.
MCS & Associes (iQera group)
Société Générale S.A.
Crédit Agricole S.A.
CCF group
Younited Credit
Sienna AM France
Principaux dossiers
- Advised the securitisation banks and the hedging banks on the renewal of the EU car fleet securitisation programme of Europcar Mobility Group.
- Advised Crédit Agricole CIB, as arranger, and Société Générale, as lender, on the setting up of a trade receivables securitisation programme for subsidiaries of Elis group.
- Advised Crédit Agricole SA and Crédit Agricole CIB, as joint arrangers on a RMBS backed by French variable rate and fixed rate of residential mortgage loans originated by the 39 Caisses Régionales de Crédit Agricole Mutuel and LCL.
De Pardieu Brocas Maffei
At De Pardieu Brocas Maffei , banking and finance expert Corentin Coatalem has recognised expertise in the derivatives sphere, and in particular in OTC equity derivatives (including advising on the restructuring of OTC agreements).
Responsables de la pratique:
Corentin Coatalem
Principaux clients
CREDIT AGRICOLE CIB
jcdecaud holding
SOCIETE GENERALE
BNP PARIBAS
LCL
NATIXIS
CREDIT DU NORD
BARCLAYS BANK PLC.
HSBC
DEXIA
Principaux dossiers
- Advising Natixis on a prepaid forward and an equity swap on listed shares of Unibail-Rodamco-Westfield.
- Advising Grenke France PLC in the setting-up of a French law securitization vehicle funded by DZ Bank’s ABCP Programme.
- Advising CA CIB on the conclusion of the agreements between Rallye, Foncière Euris and Euris, and with certain financial institutions regarding the restructuring of the terms and conditions of all their derivatives transactions.
Gibson Dunn
Gibson Dunn regularly assists banks and companies with the derivatives aspects linked to public M&A and project financing work as well as advising them on large debt restructuring situations. The team also provides guidance to banks on regulatory requirements, while its range of expertise covers equity, FX derivatives and margin loans. The team is co-headed by Darko Adamovic and of counsel Vincent Poilleux .
Responsables de la pratique:
Darko Adamovic; Vincent Poilleux
Les références
‘Expertise, availability and attentiveness. These qualities allow the team to provide real decision-making assistance in difficult negotiations.’
‘Vincent Poilleux is always going beyond expectations, with a great spirit of synthesis capable of popularizing legal concepts that may seem complicated to the layman.’
‘Very technical team that keeps up to date with market developments, is able to provide quality advice while facilitating the execution of transactions. The team demonstrates a great capacity for adaptation and is extremely “user-friendly”.’
Principaux clients
InfraVia Capital Partners
NGE
TIIC
Meridiam
Asterion Industrial Partners
Antin Infrastructure Partners
Electra
Banco Santander
Crédit Agricole Corporate and Investment Bank
BNP Paribas
La Banque Postale
Casino Guichard Perrachon SA
Gide Loyrette Nouel A.A.R.P.I.
In the derivatives and structured finance field, Gide Loyrette Nouel A.A.R.P.I.‘s core team is primarily based in the firm’s London office but the Paris office retains some derivatives expertise through Laurent Vincent, also a DCM specialist, who often works alongside colleagues to handle hedging issues linked to banking and finance transactions . He also provides advice on regulatory issues. Of note, former counsel Clément Vandevooghel left the firm in 2024.
Responsables de la pratique:
Arnaud Duhamel; Laurent Vincent; Hubert Merveilleux du Vignaux; Melinda Stege Arsouze; Guilhem Richard; Karine Imbrosciano; Dimitrios Logizidis; Samir Bensaker
Les références
‘Very proactive and commercial. Excellent expertise.’
‘Very approachable.’
‘The team has the particularity of combining financial technicality, legal expertise and understanding of complex commercial issues.’
‘Laurent Vincent is very competent.’
Principaux clients
Allianz
BRED
Crédit Agricole
La Banque Postale
NordLb
SaarLb
European Investment Bank (EIB)
Caisse des Dépôts et Consignations (CDC)
AMEA Power
Proparco
Caisse d’Epargne et de Prévoyance Aquitaine Poitou Charentes
Caisse d’Epargne et de Prévoyance de Midi Pyrénées Crédit Industriel et Commercial
Norddeutsche Landesbank Girozentrale
Principaux dossiers
- Assisted the syndicate of lenders and hedging banks with the negotiation of a facility and the hedging documentation in the context of a public-private partnership (PPP).
- Advised Dubai-based renewable energy project developer AMEA Power on hedging arrangements with IFC for the financing of a photovoltaic solar power plant in Kairouan, Tunisia.
- Advised the European Investment Bank (EIB) and European Investment Fund (EIF) with the inaugural multimillion-euro public issuance of bonds from the new BPCE master trust structure programme, Ophelia Master SME FCT.
Latham & Watkins
Latham & Watkins is noted for its solid equity derivatives expertise among banks and financial institutions. The Parisian team, which regularly leverages on the firm’s international platform, also regularly assists international credit protection agents regarding corporate loan portfolio investments. The practice is headed by Thomas Vogel with Suzana Sava-Montanari the other key member in the practice. Associate Jaime Hall provides support.
Responsables de la pratique:
Thomas Vogel
Autres avocats clés:
Suzana Sava-Montanari; Jaime Hall
Les références
‘Recommended for acquity derivatives.’
Principaux clients
Natixis
BNP Paribas CIB
BofA Securities Europe SA
Barclays Plc
HSBC Plc
TotalEnergies SE
Lagardère SA
AXA SA
AXA Investment Managers
Club Méditerranée
Caisse Centrale de Reassurance
SCOR
Schoeller Allibert Services B.V.
The Saudi Investment Bank (SAIB)
Public Investment Fund (PIF)
Dilmon LLC
Al Mirqab Holdings LLC
Emirates Telecom. Group Company (Etisalat Group) PJSC
The McCourt Company
Interactive Brokers Group
Newmarket Investment Holdings, LP
Christofferson Robb
Magnetar Capital
D. E. Shaw & Co., L.P.
Sculptor Capital Management
Canopius Managing Agents Limited
Polus Capital Ltd
Coinbase
MakerDAO
Wemade
Schroders Capital
CPPIB
Orchard Capital Management
Pemberton Capital Capital Advisors LLP
Mayer Brown
Mayer Brown 's François-Régis Gonon is retained by leading French and international institutions as well as investors and issuers to assist with securitisation transactions including the setting up, restructuring and amending of securitisation programs of trade receivables, while also handing some factoring work for factoring institutions. Senior associate. Bassem Caradec provides support.
Responsables de la pratique:
François-Régis Gonon
Autres avocats clés:
Bassem Caradec
Les références
‘The team has solid securitisation and factoring expertise. Capability to advise on large cross border matters.’
‘François-Régis Gonon is commercially oriented and very practical. ’
‘They are very good lawyers, responsible and very skilled.’
‘François-Régis Gonon and Bassem Caradec are always available and pro-active. they are problem solvers.’
Principaux clients
Crédit Mutuel Factoring
Targobank AG
Norton Rose Fulbright
Norton Rose Fulbright‘s Sébastien Praicheux has recognised expertise in the derivative field where he assists leading French banking institutions as well as investment firms and some UK institutions in dealing with regulatory and derivatives requirements including linked to digital asset derivatives clearing. He is ably supported by associate Celestine Barthout.
Responsables de la pratique:
Roberto Cristofolini; Sébastien Praicheux
Autres avocats clés:
Célestine Barthout
Principaux clients
BNP Paribas CIB
Crédit Industriel et Commercial
Cardif
Floa Bank
Citi
RBC
UBS
Principaux dossiers
- Advising BNP Paribas in respect of a prime brokerage derivatives and clearing arrangements including on strategic advisory and regulatory capital side.
- Advising CIC on the derivatives and repurchase and stock lending marketplace opinions and documentation for the purposes of prudential and regulatory capital requirements.
Reed Smith
Reed Smith's Baptiste Gelpi focuses at assisting banks, financing institutions and some originators with structured finance and securitisation transactions, spanning commercial and media receivables notably.
Responsables de la pratique:
Baptiste Gelpi
Les références
‘Innovative and flexible, ability to anticipate future developments and offer strategies.’
Principaux clients
European Federation of Energy Traders (EFET)
NEoT Capital
Channel Capital Advisors LLP
AXA Investment Managers Paris
Arcole Industries SAS
Yamaha Motor Finance France SAS
Cohen & Company Inc.
Principaux dossiers
- Assisted BRED Banque Populaire with a multibillion-euro issuance of notes.
- Advised the Olympique Lyonnais Groupe (OL Groupe) and Olympique Lyonnais on the closing of a historic twofold nine-figure multimillion-euro refinancing deal.
- Assisted Credit Agricole CIB (CA CIB) and NEoT Green Mobility (NGM) with the extension and increase of a multimillion-euro loan facility.
Simmons & Simmons
Simmons & Simmons‘ French and UK qualified Asdrig Bourmayan is acknowledged by leading French financial institutions for the quality of her derivatives expertise. She is regularly retained by banks to assist with OTC derivatives while also advising on other structured finance transactions. The practice also welcomed factoring expert Pascal Jouannic from Dentons at the end of 2024.
Responsables de la pratique:
Asdrig Bourmayan
Les références
‘The team is very innovative.’
‘Asdrig Bourmayan is incredible.’
‘Responsiveness, understanding of transactions.’
Principaux clients
Morgan Stanley International
Jefferies
Credit Suisse International
Arslanian
UBS
Canadian Imperial Bank of Commerce
BNP Paribas
Société Générale
Deutsche Bank
ING
Natixis
Equitim
Principaux dossiers
- Advised UBS as to the negotiation of distribution agreements in connection with its structured EMTNs.
- Advising Natixis in respect of credit protection instruments in several jurisdictions.
- Advising DB in respect of several ISDA and FBF documentation to be put in place or renegotiated with various French corporate counterparties.
White & Case LLP
White & Case LLP 's comprehensive banking and finance and debt capital markets offering also includes derivatives and securitisation expertise. The practice assists leading financial institutions and fintech companies. Grégoire Karila is the key contact, with senior associate senior associate Charles Linel providing support.
Responsables de la pratique:
Séverin Robillard
Autres avocats clés:
Grégoire Karila; Charles Linel
Les références
‘Available, creative, clear.’
‘Charles Linel is extremely available and provides precise and clear advice. Grégoire Karila is always available.’
Principaux dossiers
- Advised Societe Generale-FORGE (SG-Forge) on transformative updates to its EUR CoinVertible (EURCV) stablecoin in compliance with the European Markets in Crypto-assets (MiCA) Regulation.
- Assisting French FinTech Qonto regarding various advisory assignments relating to commercial agreements and prudential requirements.
- Advised the EIF and the EIB on a revolving synthetic securitisation with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables.