Banking & Finance - France
What the team is known for
Latham & Watkins' market-leading banking and finance practice possesses remarkable strength in leveraged finance and acquisition finance matters, and offers further expertise in high-yield bonds and debt refinancings. The team represents different types of lenders, including banks, private equity sponsors and alternative debt providers, as well as borrowers, particularly in the private equity space. Clients benefit from the team's cooperation with the law firm's corporate and tax departments. Latham & Watkins additionally has a strong capacity to cover matters involving multiple jurisdictions thanks to its global presence.
Strengths
"Latham & Watkins has an excellent level of service and responsiveness: the lawyers can take charge of an entire case and lead it with a strong ability to anticipate and manage difficulties as early as possible."
"To me they are simply the best, I know I can trust their analysis. They are also very reactive, very relevant and always nice."
"The team combines a sharp knowledge of our group with a high technical level."
Work highlights
Latham & Watkins advised a syndicate of lenders including, among others, BNP Paribas and Société Générale, on a EUR1.2 billion refinancing and new sustainability-linked facility for Spie.
Notable practitioners
Xavier Farde has exceptional strength in acquisition finance, frequently advising both lenders and borrowers on domestic and cross-border mandates. He has further expertise assisting with refinancing matters, especially in the private equity sector. "He is a legend in Paris." "Xavier is one of the best lawyers in France on large-cap LBO financing files." "He is a pillar to rely on with absolute confidence."
Lionel Dechmann remains a well-regarded lawyer with a diverse practice assisting clients with acquisition finance as well as cross-border refinancing mandates. He acts for both borrowers and leading French and international banks. "He is an excellent lawyer."
Michel Houdayer is noted for his experience advising on domestic and international acquisition finance matters. He represents borrowers, lenders and private equity clients. "He has a broad practice and excellent competence on various financing instruments."
