NautaDutilh

Netherlands

IFLR1000 Reviews

Financial and corporate

Founded in 1724, NautaDutilh is an Amsterdam-headquartered independent law firm. The firm maintains offices in Amsterdam, Brussels, London, Luxembourg, New York, and Rotterdam. The firm also extends its presence globally with country desks for France, Germany, India, Italy, Japan, Latin America, and China.

Focusses / specialisms

NautaDutilh is best known in the Netherlands for its work in M&A, restructuring and insolvency, and capital markets, where it features among the best firms in the market.

The banking team is active across a range of different sectors, acting for borrowers, lenders and sponsors on matters including acquisition financings, corporate lending and refinancing.

In capital markets, the firm takes on debt, equity, and structured finance and securitisation work, advising clients such as issuers, underwriters and shareholders. The team acted on the first securitisation in the Netherlands and has since maintained a strong reputation in the space.

The firm is strong in the M&A space, advising regularly on the market’s most valuable deals. Public offers and private equity work are two particular areas of strength for the firm, and it regularly works for corporates on cross-border deals.

In projects, the firm has experience advising on the financing of projects of national prominence and supports lenders on developments of major highways and flood protection infrastructure. The project development team takes on similar projects and has experience in PPPs.

The restructuring and insolvency team represents distressed parties and creditors and works on cross-border restructurings and large domestic bankruptcies.

Key clients

The firm has acted for AirBnB, Mylan, HAL Investments, European Investment Bank, Rabobank, Agrokor, Morgan Stanley Bank, Uber, and Ashland. 

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

The banking team advised both borrowers and lenders across a wide range of financing transactions. In a notable example on the project finance side, the firm advised a syndicate of lenders in the financing of the A9 road project. The firm also took on financial services regulatory work, acting for clients such as Uber.

An interesting capital markets deal saw the firm advise Daimler International Finance on the first establishment of a Panda Programme as well as the first panda bond issuance by a Dutch issuer. Other recent work includes advising on international IPOs, bond issues, debt issuance programmes, follow on offerings and securitisations.

Recent corporate highlights include advising the Peugeot family and Bpifrance on Peugeot’s merger with Fiat Chrysler Automobiles; advising HAL Investments on the sale of a stake in GrandVision; and assisting Mylan on its merger with Pfizer's spin-off Upjohn.

The projects team was active in sectors including transport, technology, real estate, and construction.

In restructuring, the firm advised lenders and debtors on multiple high value mandates. Examples include acting for Agrokor in its high value cross border restructuring and advising several financial institutions on a high-value confidential restructuring.

During the review period, corporate partner Martin Grablowitz and banking partner Walter Schellekens left the firm. 

Deal highlights: 30th edition (2019/2020)

A9 Badhoevedorp – Holendrecht

A15 Vaanplein – Maasvlakte

AirBnB acquisition of a stake in Tiqets

EssilorLuxottica €7.1 billion acquisition of a 76.72% stake in GrandVision

Fiat Chrysler Automobiles / Peugeot merger

Upjohn / Mylan merger

Client feedback: 30th edition (2019/2020)

Banking

“Good client focussed approach, practical and knowledgeable advice from real experts in the topics.”

“The work was done very well. The firm is very knowledgeable about the interplay between US credit facilities and Dutch loan parties and collateral. The firm is extremely responsive. It is a great benefit to have lawyers in New York to avoid time change complications.”

“Complete and clear advice.”

“NautaDutilh is incredibly deal-oriented, pragmatic and responsive.  They are hands-down my favourite foreign counsel to work with.  Especially with offices in New York, transactions are seamless, and I know they will get their part right.”

 

Capital markets

“ND offers a unique combination of technical/legal expertise and knowledge of Dutch mortgages.  In addition to the can-do mentality and decades of experience of the partners, ND remains the go-to law firm in the Netherlands for asset-backed funding transactions and lending platforms.”

“Very broad expertise in the set-up of similar platforms. A perfect partner in negotiations with investors and is always creative in finding solutions.”

“Responsive, collaborative, helpful, resourceful, and full-service.”

“Nauta's experience in the field of mortgage structured finance is enormous. They are very keen on understanding the business we are in. This leads to Nauta taking a solid legal though pragmatic approach in advising our firm and negotiating the relevant agreements with our investors. Nauta can always be reached, the delivery of services is fast, and deadlines are always met. We consider Nauta not our external legal advisor but part of our team.”

“They are quickly available when you need them.”

“The Nauta team is very proactive and well-connected and combines subject matter expertise with a good commercial sense. Nauta has a female-led team in the ECM space: Petra Zijp and Antonia Netiv (working with Paul van der Bilj and counsel Dewi Walian).”

“Nauta is a very involved advisor thinking along every step of the way of every detail that comes into play. They work hard to meet expectations and go the extra mile.”

 

Financial and corporate

“Hand on, reliable, on time, and gets the results done.”

 

Financial services regulatory

“Good industry knowledge, excellent knowledge of financial service regulations and excellent consultancy skills.”

“Quick, to the point,  and outstanding knowledge - knows what the market demands.”

“Very knowledgeable of the regulatory environment and practical in their advice.”

 

M&A

“Excellent responsiveness, simple and understandable advice, and great team spirit.”

“Great understanding of Dutch law, very responsive, and a pleasant to work with.”

 

Project development

“24/7 support, expertise and vision.”

 

Restructuring and insolvency

“Complete and clear advice and knowledge of our business.”