IFLR 1000
The Guide to the World's Leading Financial Law Firms

	Cleary Gottlieb Steen & Hamilton Freshfields Bruckhaus Deringer Linklaters Slaughter and May
	Allen & Overy Ashurst Clifford Chance Gleiss Lutz Hogan Lovells Latham & Watkins Skadden Arps Slate Meagher & Flom Van Bael & Bellis White & Case
	Arnold & Porter Baker & McKenzie Bonelli Erede Pappalardo Bredin Prat Cuatrecasas Gonçalves Pereira Gibson Dunn & Crutcher Gide Loyrette Nouel Hengeler Mueller Herbert Smith Jones Day McDermott Will & Emery/Stanbrook O'Melveny & Myers Shearman & Sterling Sidley Austin Stibbe Uría Menéndez Wilmer Cutler Pickering Hale & Dorr
	Bird & Bird Covington & Burling Eubelius Garrigues Loyens & Loeff Macfarlanes Mannheimer Swartling NautaDutilh Norton Rose Salans Squire Sanders Hammonds Vinge

	Allen & Overy Clifford Chance White & Case
	PRK Partners
	Baker & McKenzie BBH CMS Cameron McKenna Glatzova & Co Kocián Šolc Balaštík Weil Gotshal & Manges Weinhold Legal
	Havel Holásek & Partners Hogan Lovells Salans Squire Sanders & Dempsey Wolf Theiss
	Balcar Polansky Eversheds bpv Braun Partners Dvorak & Spol Kinstellar Norton Rose Peterka & Partners Randa Havel Legal Rutland Jezek Schoenherr

Driven by Marek Belan, Norton Rose’s banking and project finance capabilities are starting to gain traction in the Czech Republic and the firm is pushing for a place in the rankings. Over the last twelve months, it advised Ceská sporitelna in regard to a high value refinancing and acquisition financing provided to Petainer Czech Holdings.... [more]

Driven by Marek Belan, Norton Rose’s banking and project finance capabilities are starting to gain traction in the Czech Republic and the firm is pushing for a place in the rankings. Over the last twelve months, it advised Ceská sporitelna in regard to a high value refinancing and acquisition financing provided to Petainer Czech Holdings. Moreover, the firm advised BNP Paribas Fortis and Erste Bank on the financing of Energy 21/Mid Europa Czech portfolio of solar projects. [hide]

	Clifford Chance White & Case
	Allen & Overy Baker & McKenzie BBH Glatzova & Co Weil Gotshal & Manges
	CMS Cameron McKenna Havel Holásek & Partners Kocián Šolc Balaštík PRK Partners Salans Weinhold Legal
	Hogan Lovells Kinstellar Norton Rose Peterka & Partners Schoenherr Squire Sanders & Dempsey
	Balcar Polansky Eversheds bpv Braun Partners Dvorak & Spol enwc Natlacen Walderdorff Cancola Randa Havel Legal Rutland Jezek

Led by managing partner Milana Chamberlain, Norton Rose retains its place in the fourth tier after attracting some interesting mandates in the last twelve months. The firm has been active in private equity and advised the newly established fund, and key client, Genesis Private Equity Fund II on its acquisition of Profimedia Group, a leading provider of visual content.... [more]

Led by managing partner Milana Chamberlain, Norton Rose retains its place in the fourth tier after attracting some interesting mandates in the last twelve months. The firm has been active in private equity and advised the newly established fund, and key client, Genesis Private Equity Fund II on its acquisition of Profimedia Group, a leading provider of visual content. Furthermore, it advised on the formation of a holding joint venture with the founder of Profimedia Group, Petr Novák, and rendered advice pertaining to the acquisition financing by Ceská sporitelna. [hide]

	Clifford Chance White & Case
	Allen & Overy BBH Glatzova & Co Havel Holásek & Partners Kocián Šolc Balaštík PRK Partners Weil Gotshal & Manges
	Hogan Lovells Weinhold Legal
	Baker & McKenzie Balcar Polansky Eversheds bpv Braun Partners CMS Cameron McKenna Kinstellar Norton Rose Peterka & Partners Rutland Jezek Salans

Norton Rose’s restructuring and insolvency practice is fronted by Marek Belan and focuses its energies on delivering advice to crisis and turnaround managers and group restructurings. Additionally, the firm is building market share in insolvency and corporate recovery matters.... [more]

Norton Rose’s restructuring and insolvency practice is fronted by Marek Belan and focuses its energies on delivering advice to crisis and turnaround managers and group restructurings. Additionally, the firm is building market share in insolvency and corporate recovery matters. In the last year, it advised HSH Nordbank in connection with the Czech legal aspects of protecting and enforcing security over aircraft previously operated by a Czech operator in insolvency. [hide]

	White & Case
	Baker & McKenzie Dewey & LeBoeuf Salans SNR Denton
	Aequitas Norton Rose VSB Partners
	Egorov Puginsky Afanasiev & Partners Michael Wilson & Partners
	Chadbourne & Parke

In January 2012, Macleod Dixon merged with Norton Rose. The Canadian firm's overseas staff are now part of the UK firm while the Canadian operations will join Norton Rose Canada.... [more]

In January 2012, Macleod Dixon merged with Norton Rose. The Canadian firm's overseas staff are now part of the UK firm while the Canadian operations will join Norton Rose Canada.

Prior to this news the firm suffered a blow by the departure of Maxim Telemtayev to White & Case. "It's a big loss for them. We'll see how that holds. They get a lot of work from Canadian clients in mining," says one partner, with another adding: "Macleod Dixon has weakened."

Despite concerns that the firm has lost some market share, the team, now led by Yerzhan Kumarov, is currently involved in some high profile mandates including the largest proposed banking acquisition in Kazakhstan. To this end, in a transaction valued between $4-6 billion, it is acting for Sberbank, the largest Russian bank, in relation to its prospective acquisition of Kazakhstan's bank, BTA Bank. Additionally, the firm is advising the Eurasian Development Bank (EDB) and a Russia-Kazakhstan multilateral financial institution in respect to an $800 million financing of Ekibastuz GRES-2 Power Plant Generating Unit 3 Construction Project. The firm is also advising EDB with regard to a $50 million project financing of Syrymbet. [hide]

	Allen & Overy Clifford Chance Herbert Smith Linklaters
	Freshfields Bruckhaus Deringer White & Case
	Baker & McKenzie Chadbourne & Parke Cleary Gottlieb Steen & Hamilton CMS Russia Dewey & LeBoeuf Gide Loyrette Nouel Hogan Lovells SNR Denton
	Akin Gump Strauss Hauer & Feld Alrud Debevoise & Plimpton Latham & Watkins Norton Rose Salans Skadden Arps Slate Meagher & Flom
	Goltsblat BLP Nektorov, Saveliev & Partners Peterka & Partners

Globally Norton Rose has been embarking on a number of mergers and agreements to expand, including in South Africa and Canada while also eyeing the US. This activity has not really impacted on the banking practice here as it retains its tier placing, with the market reflecting that the firm merits it.... [more]

Globally Norton Rose has been embarking on a number of mergers and agreements to expand, including in South Africa and Canada while also eyeing the US. This activity has not really impacted on the banking practice here as it retains its tier placing, with the market reflecting that the firm merits it.

The firm's work remains cloaked under confidentiality, but it has been advising big international names and has also brought in a respected new partner, Alexander Tsakoev, from Herbert Smith.

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	Freshfields Bruckhaus Deringer Linklaters White & Case
	Cleary Gottlieb Steen & Hamilton Clifford Chance Herbert Smith Skadden Arps Slate Meagher & Flom
	Akin Gump Strauss Hauer & Feld Allen & Overy Baker & McKenzie CMS Russia Debevoise & Plimpton Dewey & LeBoeuf Hogan Lovells Latham & Watkins Salans
	Alrud DLA Piper Egorov Puginsky Afanasiev & Partners Norton Rose
	Goltsblat BLP Nektorov, Saveliev & Partners Russin & Vecchi Vinson & Elkins

Norton Rose is traditionally very big on finance work but does have a fair reputation for corporate work, with the market approving of its tier placing.The firm also made moves to buttress its team in the Russian capital, bringing in experienced counsel Nick Dingemans from Clifford Chance as a partner in June 2010.... [more]

Norton Rose is traditionally very big on finance work but does have a fair reputation for corporate work, with the market approving of its tier placing.

The firm also made moves to buttress its team in the Russian capital, bringing in experienced counsel Nick Dingemans from Clifford Chance as a partner in June 2010. Having been active in Russia since 2005, Dingemans has a good knowledge of the oil and gas sectors as well as resources such as mining and metals.

The team in mid-2011 had quite a few mandates running, and hence under confidentiality, but one good deal saw it advising Strabag, the Austrian construction company, in its acquisition of a 26% stake in Transstroy, a large Russian road construction group. Strabag paid €70 million up front but was awaiting due diligence to complete before a final purchase price was agreed. Senior partner Valentina Gluhovskaya led on this deal, which was expected to complete some time later this year.

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	Freshfields Bruckhaus Deringer Linklaters White & Case
	Allen & Overy Clifford Chance Dewey & LeBoeuf Herbert Smith
	CMS Russia Gide Loyrette Nouel
	Akin Gump Strauss Hauer & Feld Chadbourne & Parke Norton Rose Salans SNR Denton

Norton Rose's projects team sees a lot of overlap with its respected banking team, and as such it will also benefit from the hire of partner Alexander Tsakoev, the finance specialist who joined from Herbert Smith in January 2011.With a number of deals under confidentiality due to their ongoing nature, the firm did have one excellent representative deal to present.... [more]

Norton Rose's projects team sees a lot of overlap with its respected banking team, and as such it will also benefit from the hire of partner Alexander Tsakoev, the finance specialist who joined from Herbert Smith in January 2011.

With a number of deals under confidentiality due to their ongoing nature, the firm did have one excellent representative deal to present. In this transaction London partner Madhayi Gosayi advised Horizon Air Investments, a subsidiary of the Copelouzous Group, as it formed a joint venture arrangement with VTB Bank and Fraport with regard to the Northern Capital Gateway special purpose vehicle, chosen by the St Petersburg government to develop, modernise and operate Pulkovo Airport through a public-private partnership (PPP) structure. The deal reached financial close, for a figure of $1.4 billion, in 2010, but post-transaction work is still ongoing with regard to the project.

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