Emerging Markets
Michelmores has been excellent at advising on the structuring and legal documents to inform good governance of complex vehicles seeking unusual development outcomes with multiple complex parties. They have done this in a flexible, responsive and client focused manner.
Legal 500 2020Michelmores provides a simple and proportionate approach to completing transactions in emerging markets. They have deep industry and market knowledge, which means that they can provide relevant and appropriate advice. Long and complex documents are relatively easy to draft. What's harder is a short robust document, which can be easily understood by all parties. This is exactly what Michelmores has mastered, with great skill and at a competitive price.
Legal 500 2020Calm, diligent and insightful. They are excellent at communicating and building relationships with clients. They are sensitive to client needs, their advice is measured and pertinent, and they know when to push back if they feel the wrong course is being taken.
Legal 500 2020The team is very good at building relationships with local legal counsel, and guiding and getting the most out of them. They take a straightforward and transparent approach to negotiations, maintaining good relations with opposing counsel, and ensuring positive outcomes for transactions.
Legal 500 2020They bring a deep knowledge of the local market context, the impact investment sector and transactions involving financial institutions. They are able to provide sound advice in relation to the implications of legal terms - looking ahead to future possible scenarios - and guiding on best practice.
Legal 500 2020The team is proactive and has a 'hands-on' approach to client matters. I am very confident recommending Michelmores to clients in my jurisdiction seeking quality advice from an English firm at an accessible price.
Legal 500 2020The team are prompt in their responses, have a wide range of expertise and experience to draw from, provide practical advice instead of being overly academic, and are good value for money.
Legal 500 2018Very commercial and provides hands-on advice with good knowledge of the market and its key players.
Legal 500 2017Heavy-weight, insightful transactional and legal advisors with a strong African footprint are rare. When you consider Michelmores’ excellent value, coupled with their extensive experience and knowledge they are the logical choice of legal partner for companies looking to invest in and across Africa.
Partner – Pan African Housing Fund, PhatisaThey are practical, and adept at dealing with challenging emerging market jurisdictions.
Legal 500 2022A great team and super responsive.
Legal 500 2022Outstanding value for money and the service often exceeds expectations.
Legal 500 2017Cross Border Investments and M&A
Our Emerging Markets practice represents private equity funds, financial institutions, corporates, government agencies, and impact investors that are investing and operating in some of the most challenging frontier markets. Our team forms part of a large and dynamic corporate finance and commercial practice that is able to draw on a wide range of expertise to support our clients’ needs.
Sector specific expertise includes: agribusiness, financial services / microfinance, insurance, energy & renewables, infrastructure, real estate and manufacturing.
We have a wide network of established relations with leading local counsel across the emerging markets, meaning that we are able to make appropriate recommendations to clients on a case by case basis.
Project Finance
Michelmores’ dedicated PPP & Projects Team is able to offer comprehensive project finance advice: from structuring, compliance with procurement rules, drafting and negotiating all project finance documentation, liaising with local counsels, managing and collating of condition precedents for drawdown, registering security (jurisdiction dependent), the transfer, refinancing and rescheduling of facilities (if required) through to advising on operations and enforcement. The team also has experience in more traditional PPP senior debt and bond financing.
The team is headed by Carol McCormack OBE (formerly Head of Projects and a Partner at Berwin Leighton Paisner LLP), acknowledged as one of the UK’s leading experts in this field and recognised as a ‘Leading Individual’ by Legal500.
Commercial Disputes
We have extensive experience in cross border commercial litigation and arbitration matters in the emerging markets.
The team has a network of tried and tested contacts at leading overseas firms who assist with this work and who provide our clients with valuable local knowledge.
Recent experience
Advising TechMet on its USD 55 million investments from the United States International Development Finance Corporation
Acting for Orchard Funding Group plc on its AIM IPO
Acting for Pay4Later (a consumer finance platform that connects merchants and their customers to banks and finance companies), in securing Series A funding from MissionOG
Acting on the £42m sale of Aero Stanrew
Acting for the Shareholders of MagicSeaweed on the sale to Surfstitch (listed in Australia)
Acting on the sale of Fianium to NKT Photonics (listed in Denmark)
Acting for Mobeus on its investment in Tushingham Sails (Red Paddle Co)
Acting for (UK listed) Haynes Publishing Group plc on its acquisition of Teon Media
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