Akin fields an ‘exceptional’ team with key strength in the financial services sector. Team lead Stephen Brown has expertise in the private equity sector, and works with both domestic and international clients. Serena Lee covers a broad range of corporate and finance transactions, including reorganisations and restructurings. Matthew Durward-Thomas made partner in January 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Very personable yet very technical - not always a given for tax practitioners!’

  • ‘Matthew Durwand-Thomas stands out as extremely easy to work with, reliably technical and with a curious mind able to debate issues such that you have full confidence in the end advice.’

  • ‘Stephen Brown is exceptional. Stephen is the best in the business for, among other things, Long Term Incentive Plans/Management Incentive Plans’

  • ‘The Akin Gump tax team is exceptional. It has a good mix of knowledge from lawyers having worked with HMRC and from advising corporates. The team has masses of energy as well as knowledge of the subject matter, and are really great people to work with.’

  • ‘Serena Lee is excellent. She knows the law inside out and is able to see things so clearly when giving advice. Her experience means she can see things from all sides, and can spot things with other people don't. She is also such a hard worker and is prepared to do whatever it takes to deliver for her clients.’

Key clients

  • Palliser Capital
  • Royalty Pharma
  • The private placement noteholders of NAC Aviation 29 DAC
  • Quinbrook Infrastructure Partners
  • Ad Hoc Committee of Noteholders of intu Metrocentre Finance PLC
  • Fortenova Grupa d. d.
  • VPI Holding Ltd
  • Ad hoc committee of noteholders of Nostrum Oil & Gas PLC
  • Ad Hoc Group of Noteholders of Avanti Communications
  • Ad Hoc Group of Noteholders of Seadrill New Finance Limited
  • Expedition Holdings and Expedition Growth
  • Nordic Aviation Capital
  • Edison Energy LLC

Work highlights

  • Advised the private placement noteholders of NAC 29, a subsidiary of Nordic Aviation Capital, in connection with a lender-led restructuring of the group’s existing c.$6bn debt.
  • Advising Royalty Pharma on a range of complex multi-jurisdictional tax issues in relation to its novel, multi-billion dollar “Up-C” structure, headed by a NASDAQ listed UK PLC, as well as structuring new and existing investments to optimise the investment structure.
  • Advised Quinbrook Infrastructure Partners on fundraising for its UK fund, financing arrangements, structuring carry and incentive arrangements, and with ad hoc investment advice.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Akin
Serena Lee is a partner in Akin’s tax group. She advises on all aspects of corporate tax, including domestic and international corporate and finance transactions, financial restructurings and corporate reorganizations. She also advises on a broad range of funds and investment structures, oil and gas tax issues and handles activist shareholder matters. To learn more about Ms. Lee, please visit her full profile: https://www.akingump.com/en/lawyers-advisors/serena-lee.html

Practice head

The lawyer(s) leading their teams.

Stephen Brown

Other key lawyers

Serena Lee, Matthew Durward-Thomas