A&L Goodbody

Ireland

IFLR1000 Reviews

Financial and corporate

A&L Goodbody is a leading Irish firm with a strong reputation across the board. Headquartered in Dublin, the firm also has offices in New York, Belfast and London.

 

Focusses / specialisms

The firm has large top tier teams of commercially-focussed lawyers with high levels of technical expertise in all areas of work covered by the ranking tables.

In banking the firm is strong in lending work on both the lender and borrower side, is experienced regulatory work and has one of the market’s leading asset finance practices. The firm has close relationships with leading Irish banks and since the financial crisis it has acted on many of the largest Irish loan portfolio sales. 

The corporate group is involved in most large cross-border M&A deals involving an Irish business or asset.

Banking, energy, pharmaceuticals, real estate and technology are among the sectors in which the firm is frequently active.

 

Key clients

Some of the firm’s key clients include Allied Irish Banks, Bank of Ireland, Avantcard, Henderson Park, Takenda Pharmaceuticals, Energia Group and Oriel Windfarm.

 

Research period review: 30th edition (2019/2020)

During the research period the firm was active in banking and finance, capital markets, funds, M&A, projects and restructuring and insolvency.

In lending and finance work the firm advised both lenders and borrowers on complex acquisitions by way of scheme of arrangement financings. It also advised lenders on portfolio financings, particularly in onshore wind power projects, and advised on multi-jurisdictional group refinancings. In recent asset finance work it advised on Islamic financing for aircraft portfolios.

In financial services regulatory work the firm advised on mandates in related to insurance, tracker mortgage rate investigations, Brexit planning and AML. 

In capital markets work the firm advised banks on non-performing loan residential mortgage backed securities (RMBS) and large multi-jurisdictional trade receivables securitisations. The firm also advised on bond issuances, acting for issuers, and mezzanine and CLO notes transactions. In equity work, the firm most notably advised the joint bookrunners on the IPO of Uniphar.

In investment funds the firm worked on the establishment of qualifying investor alternative investment fund ICAV structures, exchange traded finance distributors, and sub-funds under complex structures. It also advised funds on Brexit planning.

In recent M&A work the firm advised buyers and sellers in acquisitions across multiple sectors including payment technology, software, real estate, brokerage, gambling, renewable energy, aviation, and pharmaceuticals. 

In project development some notable highlights include advising developers of two PPA onshore wind projects in Ireland and the development of Oriel offshore windfarm a commercial offshore Irish project. The firm was also active in solar, waste to energy, water treatments, data centres, oil and gas, mining, telecommunications, social infrastructure, and transport projects.

In restructuring and insolvency the firm advised creditors, administrative agents for the lenders, and debtors in bankruptcy cases. It saw notable liquidation, receivership, Irish examinership and restructurings work.

Recent staffing changes include Patrick Brandt, a financial services regulatory partner, joining the firm from Skadden Arps Slate Meagher & Flom and Kerill O'Shaughnessy, an investment funds partner, joining from Walkers.

 

Deal highlights: 30th edition (2019/2020)

AbbVie $63 billion acquisition of Allergan 

Adient $2.8 billion refinancing

Ambac Assurance $1.6 billion debt restructuring 

Henderson Park €1.34 billion acquisition of Green REIT

Project ICON – Qilin DAC €3 billion trade receivables securitisation 

Takeda €65.7 billion acquisition of Shire

Uniphar IPO

Weatherford restructuring 

 

Client feedback: 30th edition (2019/2020)

Banking

“Deep technical knowledge of law combined with sound judgment, commercial and social sense.”

 

Capital markets : Debt

“Good knowledge of the subject, responsive and work to deadlines, and keep us informed about any legal updates.”

“A&L Goodbody operate at an advanced level and can be taken as a given that they have the necessary specialist knowledge. Key differentiator against other firms is that they provide practical advice and pragmatic solutions to problems.” 

 

Financial services regulatory

“Very experienced partner with a wealth of knowledge backed up by an excellent team.” 

“Peerless in the Irish market when it comes to insurance regulation, decades of experience, very commercial client-focused advice, and hugely responsive.”

“Clever lawyers, understands business needs and deliver.”

“Very collaborative, they listen to what you are trying to achieve and proposed practical steps to get there. They have extensive experience and provide valuable insights into how to approach new ventures or issues. They always respond quickly and are good natured and pleasant to deal with.”

“The team approach means that there is always more than one person who understands your brief so there are never gaps in coverage.” 

 

Investment funds

“Client focused, extremely well-staffed, market leaders and flexible to deal with significant counterparties and interested parties.”

“Readily available, personable and sound advice.” 

“Always available, well thought out and practical advices. Understood us as a client without the need for repeated explanation. Answered questions we didn't realise we needed to ask (but we did!).”

 

M&A

Extremely smart and responsive lawyers, with strength in all key practice areas.  I have also been very impressed with their investment into their ability to manage and report on significant legal diligence projects. 

 

Restructuring and insolvency

“Extremely knowledgeable, supportive and excellent advisory skills in a very challenging time for the company and group.”

“Technical depth, approachability, speed of response.”

 

Adrian Burke

“Very in-depth knowledge of banking and financial services. Provides pragmatic and practical advice.”

 

Charles Carroll

“Very service focussed; great to work with.”

 

Christopher Martin

“Clever, client-friendly, understands commercial pressures and regulators, brilliant at explaining complicated concepts simply, and an excellent problem solver. Very talented lawyer and will always use him. He is partner material and we are lucky to have him on our complicated work.”

 

Cliona Christle

“Wealth of experience. Excellent with clients and a good-coordinator.”

“Superb practitioner, hugely experienced and very knowledgeable on the issues. A thorough professional at all times.”

 

David Baxter

“Extremely knowledgeable, excellent communication skills, excellent client relationship.”

“[We value his] technical skillset and pragmatic approach.”

 

Kerill O'Shaughnessy

“Extremely personable, market leader in the fund space, and such a depth of knowledge outside of the fund space he can provide a holistic view and approach to delivering client-specific solutions.  [Maintains] extreme focus in the face of significant moving parts and dealing with several stakeholders.”

 

Laura Butler

“Always positive, nothing is ever a problem. She is tactful but will point out issues and brings a gentle humour that makes working with her very easy. Laura is also great at connecting clients.”

 

Liam Kennedy

“Deep legal knowledge combined with reflection and good judgment.”

 

Michael Barr

“Professional, responsive and fantastic technical knowledge and experience evident with every engagement.”

 

Peter Walker

“Good communication and available. Straight talking and has been good and developing our firm's relationship with ALG since inception.” 

 

Stephen Carson

“Knowledgeable and accessible.”