Full-service firm Norton Rose Fulbright is one of the largest firms in the world, spanning every continent in the world minus Antarctica. Globally the firm has 50 offices. In the United States it has 11 offices spanning seven states, with the largest concentrations in Texas and New York.
Focusses / specialisms
Nationwide Norton Rose has a top project development practice and an exceptional project finance practice. Also of note is the restructuring and insolvency practice in Texas, which is a regional leader in the state.
In projects, the firm advises developers and financial sponsors in construction and development projects in the energy, infrastructure and oil and gas industries. The projects team also handles project financing, where it represents lenders and borrowers in debt financing and acquisition financing related to projects in the same industries as project development.
The restructuring and insolvency practice is concentrated in New York, Houston, Austin, Dallas, San Antonio, Washington DC. and Los Angeles. The team advises trustees, creditors, monitors and debtors in Chapter 11 and 15 cases as well as foreign jurisdiction restructurings and insolvencies.
Key clients
Key clients for the firm include Copenhagen Infrastructure Partners, Clearway Energy Group, Energy Transfer Partners, Starwood Energy Group, Crédit Agricole, Bank of America, IFC, Nomura Securities, Investec, FTI Consulting Canada, Delaware Trust Company, JP Morgan Chase Bank, BNY Mellon and NextEra Energy.
Research period review: 30th edition (2019/2020)
During the research period the project development team was highly active advising developers in renewable energy projects, especially wind and solar farms. Transactions that took place on the project finance side were in the same industries, with the team being largely on the lender side.
The restructuring and insolvency team represented mostly creditors and trustees in some of the largest bankruptcy proceedings both in the United States and globally. Many of these cases are ongoing.
In terms of lateral moves, in the project development and finance practice, partners Becky Diffen and David Burton joined the firm from McGuire Woods and Mayer Brown, respectively. Partner Michael Marsi left the firm for Orrick. In restructuring and insolvency partner Lawrence Larose left to join Winston & Strawn.
Deal highlights: 30th edition (2019/2020)
iHeart Media restructuring
Odebrecht restructuring
Sabine Pass LNG export terminal
Sears Holdings restructuring
Vineyard Wind 800MW offshore wind farm
