Executive Partner: Eric J Friedman
Number of lawyers: London – 125, Europe – 225
With offices in London, Paris, Moscow, Brussels, Frankfurt and Munich, Skadden operates an integrated European practice that handles substantial cross-border matters and domestic transactions throughout the greater European region.
Main Areas of Practice:
Mergers & Acquisitions:
Skadden has one of the most successful mergers and acquisitions practices in Europe. The firm has significant cross-border and domestic M&A capabilities and unrivalled experience in structuring and executing complex cross-border transactions throughout its network of European offices, in particular those involving multiple jurisdictions and those of a hostile nature.
Skadden advises private equity firms on the structuring and execution of large, cross-border and domestic private equity transactions, including the purchase and sale of portfolio companies. The firm combines leading transactional experience with sophisticated financing and tax techniques in relation to a range of matters including leveraged buyouts, management buyouts and recapitalisations.
Skadden’s European capital markets group advises corporate, governmental and investment banking clients on a variety of capital markets transactions, including initial public offerings, high yield financings, offerings of regulatory capital and other hybrid securities, and other global equity and debt offerings.
The European banking group comprises experienced finance lawyers familiar with all aspects of leveraged and project finance as well as restructurings (stressed and voluntary). The practice is headquartered in the London office — where the team advises on English banking law matters in all countries across Europe, the Middle East and Asia.
The firm regularly advises European enterprises in cross-border out-of-court restructurings and pre-negotiated plans of reorganisation, judicial, insolvency restructuring transactions and bankruptcy proceedings. The firm’s lawyers have participated in many of the most complex restructuring transactions of the last decade and have been instrumental in the development of sophisticated, innovative strategies.
Skadden’s London-based European investment management group is a multi-disciplinary team that focuses on all aspects of private capital and asset management activities. Its core expertise lies in the structuring, establishment and operation of a wide variety of pooled capital enterprises, such as general private equity funds, real estate funds, infrastructure funds, investment clubs and managed accounts.
The European international arbitration and litigation group provides legal advice and representation on international commercial disputes for multinational companies and major institutions, particularly in the commercial, telecoms, energy and financial services fields. The firm’s practice also encompasses mediation, conciliation and the representation of clients before the English courts.
Through a combination of the firm’s tax lawyers resident in London, Frankfurt and Paris, and carefully chosen strategic alliances and contacts throughout Europe, Skadden offers tax advice across a wide range of corporate and financing transactions. In addition to providing tax advice within particular jurisdictions, its lawyers have considerable experience in strategic tax planning and tax implementation issues.
White Collar Crime & Government Enforcement:
Skadden’s white collar crime and government enforcement group provides wide-ranging advice and representation to corporations and individuals involved in cross-border regulatory investigations and disputes.
European Union & International Competition:
The EU and international competition practice represents clients on a full range of competition law issues raised in the context of multinational M&A and other transaction structures, investigations of cartels, abuses of dominant positions and other anti-competitive conduct issues under EU Merger Regulations.
The European financial regulatory practice works closely with Skadden’s investment management, M&A, capital markets, banking, and government enforcement and white collar crime practices on a range of matters. The group also gives free-standing regulatory advice, on both UK domestic and cross-border issues, to a broad range of clients.
Labour & Employment:
Skadden’s labour and employment practice advises businesses and senior executives on a wide range of employment matters.
Skadden represents insurance and reinsurance companies and their financial advisors and underwriters in a wide variety of corporate transactions, including mergers and acquisitions, public and private financings, restructurings and reorganisations.
■The Coca-Cola Company on the tax aspects of its £3.9 billion acquisition of Costa Coffee from Whitbread Plc
■E. I. du Pont de Nemours and Company in securing European Union approval and clearance by the DOJ’s Antitrust Division for its US$130 billion merger with The Dow Chemical Company following an in-depth antitrust review
■ Vantiv, Inc. in its US$10.4 billion acquisition of Worldpay Group plc, Britain’s largest payment processor
■ Moody’s Corporation in its US$3.3 billion acquisition of Bureau van Dijk Electronic Publishing BV
■Royal Caribbean Cruises Ltd. in its US$1 billion acquisition of a 66.7% stake in Silversea Cruises, Ltd.
■HgCapital as lead investor in the US$5.3 billion buyout of Visma. This is Europe’s largest ever software buyout
■ Auchan Retail S.A. on the acquisition of a 36.16% stake in its Hong Kong-listed subsidiary Sun Art Retail Group Ltd. by Alibaba Group Holding Limited for HK$22.4 billion
■ Intel Corporation in its US$15.3 billion acquisition of Mobileye N.V. (Israel). This is the largestever technology company acquisition in Israel
■Westfield Corporation in its US$25 billion combination with Unibail-Rodamco SE, creating the world’s premier developer and operator of flagship shopping destinations
■ VTB Infrastructure Investments in the US$2.5 billion acquisition of a 29.1% stake in Russian food retailer Magnit
■The supervisory board of STADA Arzneimittel AG in its initially unsolicited, but subsequently agreed upon, US$5.6 billion acquisition by Bain Capital, LP and Cinven Partners, LLP
■Danaos Corporation, a leading international owner of containerships, in its debt refinancing, reducing its US$2.2 billion of outstanding debt
■The Republic of Cyprus in its successful defence of ICSID claims arising out of its regulatory treatment of the nation’s second-largest bank during the eurozone financial crisis
■ MorphoSys AG, a German biotechnology company, in its US$208 million Initial Public Offering of American Depositary Shares on Nasdaq