Chadbourne & Parke LLP

Chadbourne & Parke LLP Company Profile

With hundreds of attorneys working in dozens of practice areas across the globe, Chadbourne has made significant strides toward shedding its reputation as a New York-centric operation. A new emphasis on alternative energy financing complements the firm's traditional strengths in finance and fossil-fuels-based development projects.

New Offices Abound but the Apple's Still Home

Founded in New York in 1902, Chadbourne's current grasp reaches a dozen of the world's largest finance and oil crossing grounds. As a testament to such growth, Chadbourne eschews being labeled "New York-based"-though the Manhattan office still serves as the firm's largest branch and home to most of its senior management (the firm's Managing Partner splits his time between the New York and DC offices)-preferring to bill itself as a "single, integrated partnership" in which lawyers "from multiple offices regularly work together to share their knowledge and experience of local law and practice."

A Little Tweaking

Back in 2005, after a disappointing year, the firm implemented sweeping reforms, slicing underperforming practice groups and installing a centralized management structure. The changes brought about predictable results in the days that followed-having fewer partners tends to equate to increased profits for the survivors-while M&A soared. Chadbourne represented money manager GLG Partners in its $3.4 billion deal with Freedom Acquisition Holdings, Inc. and advised in the financing of a $4.25 billion coal-powered power plant in India, a deal that won four trade publication "deal of the year" awards. But when the subprime-driven finance freeze hit in 2008, the firm began shifting some focus toward others areas.  
Expanding Practice Expertise and Global Coverage
As is the case with most global shops, Chadbourne is equipped to handle a plethora of practice areas, though the firm's transactional attorneys grab the highest-profile work. A growing area for the firm is its energy practice. In addition to its work on conventional energy mega deals, Chadbourne boasts an impressive record on green energy projects. Building off its existing energy accolades, and with the hiring of former New York governor George Pataki-who works on energy, environmental, and corporate matters-Chadbourne has become a dominant force in the areas of wind, solar, and nuclear power. In recent years, Chadbourne has helped its clients in multiple multibillion dollar financing deals, with a knack for securing giant loan guarantees from the Department of Energy, which it also counted among its clients in offering more than $8 billion in financing for nuclear energy.

Chadbourne's other practice areas have seen growth as well. In early 2009, the firm began an expansion of its intellectual property practice. In 2011, Chadbourne also welcomed leading white-collar defense attorney Abbe Lowell back to the firm to head its White Collar and Special Litigation and Investigations Group. Abbe was appointed Chair of the Firm's Litigation Group late last year. In 2012, the Litigation Group's White Collar team represented Former Senator and presidential candidate John Edwards on charges that he violated the Federal Elections Campaign Act. The trial started in April 2012 and ended on May 31, 2012, with a not guilty verdict on one count and a mistrial on five other counts.

Chadbourne has bulked up geographically as well, opening offices in Istanbul and Dubai, and now turning its eye towards Latin America, with offices in São Paulo and Mexico City.

IN THE NEWS

April 2014

Landmark Issuance of Corporate Bonds
Chadbourne & Parke represented YPF S.A., Argentina's largest oil and gas company, in a landmark US$1 billion global bond offering, the largest issuance of corporate bonds in Argentina's history. YPF placed US$1 billion of its 8.75 percent senior amortizing notes due 2024, which priced at par. The notes were sold in reliance on Rule 144A and Regulation S under the U.S. Securities Act of 1933.

February 2014

Going Nuclear
Chadbourne & Parke LLP represented the U.S. Department of Energy as transaction counsel in connection with loan guarantees for up to US$6.5 billion in loans to Georgia Power Company and Oglethorpe Power Corporation to finance the construction of their shares of the 2,200 MW expansion of the Vogtle Electric Generating Plant in Burke County, Georgia. The plant is first new nuclear power facility under construction in the U.S. in more than 30 years.

August 2013

Flying High
Chadbourne, as buyer's counsel, assisted Rockwell Collins in reaching a US$1.39 billion definitive agreement to purchase ARINC, Inc. The deal was the largest in the North American aerospace and defense industry announced in 2013, according to data compiled by Bloomberg.

June 2013

A Big Report with a Big Impact
Chadbourne represented Arthur J. Gonzalez, former chief judge of the SDNY Bankruptcy Court in his role as the court-appointed examiner in the ResCap bankruptcy. Chadbourne undertook a massive investigation that helped spur Ally Financial to agree to pay $2.1 billion to ResCap just ahead of the report's filing on May 13, 2013. The examiner's report was the product of an exhaustive analysis of almost nine million pages of documents produced by 23 different parties as well as 99 formal interviews of 83 witnesses. The report consists of nine sections, totaling over 1,800 pages, and an appendix.

May 2013

Creating New Sources of Energy
Chadbourne, acting as lenders' counsel, closed the approximately $6 billion project finance debt facilities for Cheniere Energy Partners' $12 billion Sabine Pass Liquefaction Project in Sabine Pass, Louisiana.

When its construction is completed, Sabine Pass LNG will become the first bi-directional LNG facility in the world capable of both gasifying imported LNG and liquefying domestic natural gas supplies for export. Chadbourne represented approximately 40 commercial banks and other financial institutions, Korean ECAs and other Korean policy development institutions that participated in the debt facilities.

April 5, 2013

International Expertise
Chadbourne & Parke represented Enersis S.A., a Chilean electric utility company with operations in Chile, Brazil, Colombia, Peru and Argentina, in its US$6 billion capital increase, the largest in Chilean history. Enersis is part of a group of companies controlled by Enel S.p.A., an Italian utility company.

 

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Chadbourne & Parke LLP


30 Rockefeller Plaza
New York, NY 10112
Phone: (212) 408-5338
Fax: (212) 541-5369
www.chadbourne.com

STATS


  • Employer Type: Private
  • Managing partner: Andrew Giaccia
  • Hiring Partner: Andrew Rosenblatt
  • Total No. Attorneys 2014: 412

  • Employment Contact

    Lisa Featherson
    Director of Legal Personnel & Associate Recruiting
    Phone: (212) 408-5338
    E-mail: recruiting@chadbourne.com


  • Base Salary

    Los Angeles, CA; New York, NY; Washington, DC
    1st year:  $160,000
    2nd year:  $170,000
    3rd year:  $185,000
    4th year:  $210,000
    5th year:  $230,000
    6th year:  $250,000
    7th year:  $265,000
    8th year:  $280,000
    Summer associate:  $3,077/week


  • Summer Associate Offers

    13 out of 13 (2013)


  • Major Departments & Practices

    Accountants’ Liability Litigation
    Antitrust & Trade Regulation
    Arbitration & ADR
    Banking & Financial Services Litigation
    Bankruptcy & Financial Restructuring
    Capital Markets
    Climate Change
    Commercial Litigation
    Corporate
    Corporate Governance
    Employment
    Environmental
    Executive Compensation & Employee Benefits
    Finance
    Government Contracts
    Insurance & Reinsurance
    Intellectual Property
    International Arbitration
    Latin America
    Life Settlement & Insurance Products
    Litigation
    Lobbying
    Mergers & Acquisitions
    Political Risk
    Private Funds
    Pro Bono
    Products Liability Counseling & Defense
    Project Finance
    Project Finance Workout & Restructuring
    Real Estate
    Renewable Energy
    Securities Compliance
    Securities Litigation & Regulatory Enforcement
    Special Investigations & Litigation
    Tax
    Telecom, Media & Technology
    Trusts & Estates

Major Office Locations

  • Los Angeles, CA
  • Washington, DC
  • Beijing
  • Dubai
  • Istanbul
  • Kyiv
  • London
  • Mexico City
  • Moscow
  • São Paulo
  • Warsaw
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