Comment: This highly recommended M&A practice rang in a strategic turnaround. In recent years, Cleary has been reducing its corporate headcount, even though it benefited from the US practice’s renown among major corporates and investment banks. But now the lawyers have used the international contacts of the parent firm and built up their own connections to an equal degree: Cleary played a lead role in GM/Opel, one of the year’s highest-profile US/European deals, and capitalized on its strong French presence to advise clients like LVMH, Spie and IFF. Last year’s new addition Ulmer blended seamlessly into the team and has already made use of his exceptionally promising contacts.
Strengths: Cross-border and public M&A, closely linked to capital markets.
Recommended: Dr. Gabriele Apfelbacher, Dr. Oliver Schröder (“strong expertise, quick reactions”, client), Dr. Michael Ulmer.
Practice: Strong cross-border work, esp. on large-volume transactions. (5 partners, 3 counsel, plus associates)
Clients: ?? GM on sale of Opel/Vauxhall and GM Financials; LVMH on acquisition of Rimowa; IFF on acquisition of Fragrance Resources; Spie on acquisition of SAG and Comnet; Amundi on acquisition of Pioneer Investment.
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