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.
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.
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.
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