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Deloitte announces 2019 Technology Fast 500™ EMEA rankings

A company from the UK tops Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA), which was released today. The list is compiled by Deloitte’s regional Technology, Media & Telecommunications (TMT) industry group.

Overall, this year’s Technology Fast 500 list for the region features winners from 22 countries, with an average growth rate of 1,258 percent in 2019, compared to 969 percent in 2018.

Revolut is the number-one ranked company on the 2019 EMEA Technology Fast 500 list.

“When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate” says Nik Storonsky, Founder & CEO of Revolut.

“We’re delighted to top the ranking. 12 million people now use Revolut to manage and improve their finances, and our growth reinforces the point that people are looking for alternative ways to manage their money.”

Nikolaas Tahon, EMEA Fast 500 Lead Partner commented “This year’s Fast 500 list is led by organisations demonstrating unprecedented growth, reflecting the continuing evolution in technology. We are aware that the current environment is a complex one for many organisations, particularly as leaders work out their future strategy. Deloitte congratulates Revolut as well as all other winners and we’re excited to see their continued achievements in the next year.”

Dentons appoints three partners to European leadership roles

Global law firm Dentons has announced the appointment of three partners to European practice and sector leadership roles. Anita Horváth will co-lead the Europe Energy sector group, Christopher Rose will lead the Global Private Services sector group within Europe, and Thomas Schubert will lead the Europe Venture Technology and Emerging Growth Companies group.

Anita Horváth

As Co-head of the Europe Energy sector group, Anita Horváth will serve alongside fellow co-head, Arkadiusz Krasnodębski, to further develop Dentons’ transactional offering within the energy sector. Based in Budapest, she is among the premier lawyers advising on complex domestic and cross-border M&A, joint ventures and private equity transactions in Hungary, and frequently leads multi-jurisdictional deals. In addition to her regional appointment, Anita was also recently named Co-head of the Corporate and M&A practice in Hungary, alongside partner Rob Irving. She has been a partner at Dentons since 2015.

”Having advised most of the premier energy players on their strategic projects in Hungary and CEE, I look forward to replicate our Energy team’s success on a European level. As Dentons is home to the largest energy-focused team of lawyers in the world, in my new role, I plan to further enhance our strength in advising developers, investors, contractors, financiers, governments and regulators on their energy sector related projects.” commented Anita Horváth.

Christopher Rose

In his newly created role, Christopher Rose will establish and lead the Global Private Services group within continental Europe to provide cross-sector and cross-practice legal advisory services to ultra-high-net-worth individuals and family offices around the world. Rose has been a partner and Head of the Europe Venture Technology and Emerging Growth Companies group at Dentons since 2017. He advises on cross-border venture and growth capital investments, as well as mergers, acquisitions and joint ventures. An emerging markets specialist, he has advised on over 250 transactions in Russia, the Middle East, Central and Eastern Europe, Asia and Africa. He regularly represents emerging growth companies in all stages of development, with a particular focus on e-commerce, food and beverage, technology and entertainment.

“Over the past several years, I have worked extensively with high-net-worth individuals and family offices, advising them primarily on their investments and acquisitions. This new role goes far beyond that,” said Christopher Rose. “Whether our clients need support with their venture capital, private equity or real estate deals, tax issues, estate planning, dispute resolution, or regulatory matters, our Global Private Services group will act as their ‘concierge’ to our global firm. We will pull together the right team of Dentons professionals, provide them with transparent fee quotes and manage their projects from beginning to end to ensure the best results.”

Thomas Schubert

Thomas Schubert, a partner in the Berlin office, will take over as Europe Head of the Venture Technology and Emerging Growth Companies practice from Christopher Rose. Schubert has significant experience in technology M&A and in assisting aspiring growth companies on the implementation of innovative digital business models, including blockchain technology. A well-regarded transactional lawyer, he advises on M&A deals, private equity investments, venture capital transactions and joint ventures. He is also respected for his work in the energy and renewable energy sector, and he will continue in his role as Co-Head of the Energy section of the Europe Regulatory group. He has been a partner at Dentons since 2015.

Thomas Schubert commented, “Digitisation is fundamentally changing about every industry sector. This calls for a totally new approach of doing business. Continued investments in new innovative business models by VC funds as well as corporate investors will be key for a successful transition. I am honoured to taking over the coordination and lead of Dentons’ European Venture Technology Group with the goal of further growing our interaction with and impact on the global ecosystem.”

Tomasz Dąbrowski, CEO of Dentons Europe, commented on the appointments, “Dentons remains strongly committed to our strategy to enhance our offering in key sectors and practices across the European continent. I am therefore delighted that three talented partners – Anita, Chris and Thomas – will use their experience and creativity to further develop quality, innovative solutions for our clients.”

Projects, energy and infrastructure teams recognised at IJGlobal Awards

Global law firm Norton Rose Fulbright received Global Legal Adviser of the Year, Asia Pacific Legal Adviser of the Year and North America Legal Adviser of the Year accolades on July 13, 2020 at the IJGlobal Awards 2019, which recognised the best energy, infrastructure and mining deals and firms from around the world over the past year.

A leading publication for the energy and infrastructure market, IJGlobal also honoured the firm with 13 Deal of the Year awards for transactions completed in Asia Pacific, Europe & Africa, Middle East & North Africa and North America.

Nick Merritt, Norton Rose Fulbright’s Global Head of Infrastructure, Mining and Commodities, commented: “These accolades affirm our position as a market leader for project finance work in the infrastructure and energy sectors. We would like to congratulate all of our clients on their wins, and we are pleased to have been able to make a positive contribution to each and every of the named projects. We have had a strong year advising on many first-of-its-kind type projects and are grateful for the industry recognition from our peer group which continues to recognise our global scope and knowledge in the development and financing of ever more complex projects around the world.”

Anne Lapierre, Norton Rose Fulbright’s Global Head of Energy, said: “Being recognised for our involvement in a wide range of highly complex projects in oil, gas and renewables is a testament to the strength of our global team. While this year may present challenges to our clients, we remain committed to helping them achieve their objectives related to global projects.”

The firm advised on 13 award-winning transactions at the IJGlobal Awards 2019:

Asia Pacific

  • Asia Pacific Telecoms Deal of the Year – Kacific-1 Satellite
  • Advised Kacific Broadband Satellites Group on credit facilities totalling US$160 million to finance the construction, launch, ground system and initial operation for Kacific-1, a Boeing-built next-generation high-throughput Ka-band satellite. Led by Nick Merritt.
  • Asia Pacific Hydro Deal of the Year – Tina River Hydro
  • Advised Korea Water Resources Corporation and Hyundai Engineering Company Ltd as sponsors on the 15-MW Tina River Hydro Development Project. The deal marks the first large-scale infrastructure P3 project in the Solomon Islands. Led by Nick Merritt.
  • Asia Pacific Waste Deal of the Year – East Rockingham EfW
  • Advised a group of five senior financiers on the East Rockingham EfW project, which will be the second waste-to-energy facility in Western Australia aimed at addressing Australia’s growing waste crisis. The project was developed by a consortium led by Tribe Infrastructure Group, New Energy Corporation and Hitachi Zosen Inova. Led by Jo Crew.

Europe and Africa

  • European Portfolio Refinancing Deal of the Year – Project Keane Refinancing
  • Advised Brookfield Renewable Energy Partners on the Refinancing of an entire portfolio of onshore wind assets, which includes 17 360-MW projects in Ireland. Led by Rob Marsh.
  • European Refinancing Deal of the Year – Beatrice Offshore Wind
  • Advised a consortium of lenders on the senior debt refinancing of the Beatrice offshore wind project in Scotland. The consortium comprises 29 commercial and institutional lenders and 24 hedging banks. Led by Rob Marsh.
  • European Restructuring Deal of the Year – Irish Schools Bundle 5
  • Advised DIF infra 4 Limited as shareholder of Inspiredspaces Bundle 5 (Ireland) Limited on the restructuring and financing of completion works in relation to the Irish Schools Bundle 5 PPP project. Led by Mark Berry.
  • African Refinancing Deal of the Year – Société Ivorienne de Raffinage
  • Advised Africa Finance Corporation on the debt financing of Société Ivoirienne de Raffinage under a multi-currency long-term credit agreement for approximately US$675 million. Led by Anne Lapierre.
  • African Power Deal of the Year – Bridge Power
  • Advised the lenders to the Bridge Power Project in Ghana, sponsored by General Electric, Endeavour Energy and the Quantum Group. The project is a fast-deployment dual-fuelled LPG and natural gas power project, comprising approximately 400 MW of combined cycle power generation technology. Co-led by Martin McCann, Charles Whitney, Dan Metcalfe and Dan Giemajner.

Middle East and North Africa

  • MENA Water Deal of the Year – Taweelah IWP
  • Advised lenders, including Natixis, Siemens Bank and Mizuho Bank, to the successful bidding consortium, led by ACWA Power, on the US$1.2 billion Taweelah desalination independent water project (IWP) in Abu Dhabi. Led by Jo Emerson-Taqi and Paul Mansouri.

North America

  • North America Battery Storage Deal of the Year – Lāwa’i Solar and Energy Storage
  • Advised Societe Generale as lenders on the financing of the combined 20 MW solar PV and 20 MW/100 MWh AES Lāwa’i Solar and Energy Storage Project in Kauai, Hawaii – the largest operational solar and storage system in the world. Co-led by Ben Koenigsberg and Jim Berger.
  • North America Utility Deal of the Year – ESAP Modernisation Project
  • Advised the Department of Justice in providing procurement advice and transaction support services to Public Services and Procurement Canada for the Energy Services Acquisition Program’s Energy Service Modernisation P3 project. Led by John Naccarato.
  • North America Wind Deal of the Year – Clearway Repowering
  • Advised Clearway Energy on the US$381 million repowering of two Texas wind farms – the 161 MW Wildorado wind farm in Oldham County and 121.9 MW Elbow Creek wind farm in Howard County. Co-led by Rob Eberhardt and Jim Berger.
  • Latin America Water Deal of the Year – BRK Ambiental
  • Advised sponsor BRK Ambiental Participações S.A in relation to the BRL denominated IDB financing provided in respect of BRK’s wastewater infrastructure project in Recife and Goiana in northeast Brazil. Led by Charlie Johnson.
  • At last year’s awards, IJGlobal recognised Norton Rose Fulbright as Legal Adviser of the Year – North America (private sector) and the firm advised on 18 Deals of the Year. The year prior, Norton Rose Fulbright was named Global Law Firm of the Year and Europe and Africa Law Firm of the Year, while advising on 15 Deals of the Year.

Konexo celebrates its one-year anniversary

Konexo, developed by Eversheds Sutherland, today celebrates the one-year anniversary of its official launch.

During this time, the practice has advanced its position through continued global expansion across Europe, Asia, and most recently the United States. It has also strengthened its capabilities in areas including digital transformation, managed legal services, and trade mark and design law.

Konexo works with global clients across multiple sectors including banking and financial services, telecoms, and diversified industrials, offering clients a breadth of services underpinned by cutting-edge technology such as AI and robotics.

Investing in top talent continues to be a strategic priority. Significant hires include Babar Hayat, Head of Technology and Transformation, who leads the digital transformation practice, while Brett Aubin, Managing Director, heads regulatory response managed services focusing on LIBOR transition services and other repapering projects. Trystan Richards recently joined as Legal Services Director, and will support managed service relationships and repapering projects across the global client base.

Earlier this year Konexo launched Resourcing+, an evolution of its existing resourcing service which was rolled out across its global network. Resourcing+ gives clients immediate and high quality legal talent without having to commit to specific timeframes. Clients using the service include Nestlé UK Ltd, Pernod Ricard UK Ltd and Lion Pty Ltd.

This month, Eversheds Sutherland’s UK Branding Group permanently moved to Konexo. Led by Kate Ellis, it comprises specialist trade mark and design lawyers, attorneys and paralegals. The team provides a dedicated service and acts as ‘one stop shop’ for clients throughout the full lifecycle of a brand.

Graham Richardson, Head of Konexo, said: “We set out to challenge the market and offer clients something different. I am so proud of everything we have achieved so far and I’m especially proud of the team for their drive, hard work and tenacity. As we look to the coming year there will be some testing times ahead. However, by combining our talent, technology and expertise, I am confident that we are well placed to meet those challenges and the needs of our clients.”

Anita Horváth appointed co-head of the Europe energy group

We are delighted to announce the appointment of partner Anita Horváth as co-head of the Europe energy group. Serving alongside fellow co-head, Arek Krasnodębski, she will focus on further developing our transactional work within the energy sector.

Anita is among the premier lawyers advising on complex domestic and cross-border M&A, joint ventures and private equity transactions in Hungary and the region, due to her excellent international reputation, clients increasingly call on her to lead multijurisdictional transactions. In addition to her regional appointment, Anita has also recently been named co-head of our Corporate and M&A practice in Hungary, alongside Rob Irving.

We congratulate Anita on her appointment, and wish her continued success in her new roles.

About Dentons

Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognised by prominent business and legal publications for its innovations in client service, including founding Nextlaw Enterprise, Dentons’ wholly owned subsidiary of innovation, advisory and technology operating units. Dentons’ polycentric approach, commitment to inclusion and diversity and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.

Information and data privacy law heavyweight joins Pinsent Masons

Multinational law firm Pinsent Masons has hired partner Jonathan Kirsop as a key addition to its leading data privacy and information law offering.

Jonathan advises a wide range of clients on data privacy with particular focus on the financial services sector. His range of expertise spans contractual and regulatory advice, data subject access requests, international data transfers as well as providing broader technology, data and commercial expertise.

He joins the firm from Stephenson Harwood where he established and led the information law practice within their commercial, outsourcing and technology team.

Jonathan will assist in the further development of Pinsent Masons’ information and data privacy law capabilities in London, particularly to the firm’s financial services clients, as well as working with partners within the rest of the UK, across Europe and Asia Pacific offices.

Simon Colvin, Head of the Technology, Media and Telecommunications practice at Pinsent Masons said “Data and privacy is at the heart of the business for most of our clients. As the regulatory landscape continues to evolve, Jonathan brings valuable expertise to support clients, particularly in the heavily regulated financial services sector, as their needs for support and advice on all things information and data privacy law grow and become more complex.”

Laura Cameron, Head of Risk Advisory Services at Pinsent Masons said “The demand for data and privacy advice has increased exponentially and it has become a boardroom issue for businesses. Jonathan is a key addition to the firm at this time, as the continued development of technology and indeed the strategic use of, and protection of, data is a business critical issue for all organisations.”