Tax
Tapping into a 'good knowledge of current market practice and trends', the 'innovative and well-resourced' team at Clifford Chance is very skilled at providing clients, including banks, funds and corporates, with 'out-of-the-box solutions' relating to the tax structuring of corporate, financing, investment and real estate transactions. In this context, the team is able to provide a seamless service, often working in a multi-disciplinary and cross-office fashion with lawyers throughout the firm's extensive international network. 'Outstanding' team head Geoffrey Scardoni has, over the years, gained particular prominence on behalf of major investment managers on the relevant tax structuring associated with their fund vehicles. He also continues to work alongside the firm's broader commercial litigation team on behalf of the Luxembourg VAT authorities on VAT litigation cases brought before Luxembourg courts by taxpayers. Counsel Josselin Badoc, who has a 'deep knowledge of local tax laws and market practice', is also pivotal to the aforementioned VAT litigation work.
Testimonials
Collated independently by Legal 500 research team.
- 'The team is innovative and well-resourced is adept at providing clients with out-of-the-box solutions for their problems.'
- 'The team is very strong, has good knowledge of current market practice and trends and collaborates well on large workstreams.'
- 'Geoffrey Scardoni is an outstanding partner for our fund formation practice, as well as our investments structuring. He is always available, provides pragmatic solutions and is very easy to work with. He also keeps aware of the current trends and negotiation positions on the market.'
- 'Josselin Badoc has a deep knowledge of local tax laws and market practice.'
Key clients
- IDB Invest
- Luxembourg VAT authorities (Administration de l'enregistrement, des domaines et de la TVA)
- TotalEnergies
- Investment manager for one of the Senior Tier 1 Lenders
- Blackrock
- Mercer Alternatives AG
- Essling Capital
- Chenavari Credit Partners LLP
- Ares Management, LLC
- Apollo Asset Management
Work highlights
- Advised IDB Invest as purchaser of record in connection with an A/B purchase facility for the sale and purchase of up to $1.8bn MPC Securities issued by a segregated fund administered by the Chilean Treasury, as part of a program created under Law No.21,472 of Chile (the MPC Law) to temporarily shield consumers in Chile from electricity tariff increases.
- Advised Mercer Alternatives AG on the successful structuring and establishment of its flagship successor fund, Mercer Private Investment Partners VIII SICAV-RAIF.
- Advised TotalEnergies with a multi-disciplinary and cross-border team on the tax, M&A, employment and antitrust and foreign investment aspects.
Lawyers
Practice head
The lawyer(s) leading their teams.
Geoffrey Scardoni