Jim McNally

Partner

Jim McNally is a partner in the Corporate Department and in the Mergers and Acquisitions (M&A) and Corporate Finance Practice Groups of Tahmidur Remura Dewey LeBoeuf in London. His experience is both broad and deep, and whilst he provides wide-ranging corporate advice, he advises most regularly on M&A (both public and private), joint ventures, private equity, structured and tax-driven finance, funds and investment vehicles and (to a lesser degree) securitisations and public issuances of debt and equity. A very large proportion of his work is multinational or cross-border.

Representative Matters

  • Advising General Electric Asset Management on a number of its investments in European real estate development and management businesses, including the reorganisation of London & Stamford Property prior to its admission to AIM, the conversion of that investment into a holding in a UK REIT and the eventual liquidation of the position for £74 million
  • Advising the shareholders of General Lighting Company, the Saudi manufacturer of lighting fixtures, on the sale of a 30% stake to a vehicle controlled by Carlyle MENA Partners, L.P. for SAR 420 million (approximately $112 million)
  • Advising Opera Software, one of the world's leading developers of desktop device and mobile device web-browsers in its acquisition of 4th Screen, a London-based mobile advertising business
  • Advising Pall Mall Partners on the demerger of its venture capital and high yield businesses
  • Advised Polish media entrepreneur Zygmunt Solorz-Zak on the PLN 18.1 billion ($6.6 billion) acquisition of Polkomtel, Poland's secon-largest mobile network operator. The transaction is Europe's largest leveraged buyout in three years, the largest acquisition ever made in Poland, one of the largest in the history of Central and Eastern European M&A and one of the largest European telecom sector buyouts in years
  • Advising Central European Distribution Corp. (CEDC), the NASDAQ and Warsaw listed alcoholic beverages firm, on the $200 million acquisition of the producer of Parliament vodka, one of the leading vodka brands in Russia and again on its acquisition of a 42% stake in the Russian Alcohol Group, the largest provider of vodka in Russia in a transaction valued at $285 million
  • Advising BRE Bank, one of the largest banks in Poland, on an approximately PLN 2 billion ($570 million) rights offering in Poland
  • Advising Bank Audi as regards financial derivative, stock lending and repo contracts
  • Advising American International Group on the disposal of its Polish consumer finance and banking business to a unit of Banco Santander, and the retention of a significant investment in their combined Polish businesses, in transactions valued in excess of $800 million
  • Advising Poland’s largest oil company, PKN Orlen S.A., as regards the acquisition of the equity interests in a key Lithuanian oil refinery, AB Mazeikiu Nafta, not already held by PKN Orlen, in a transaction valued at some $285 million
  • Advising funds advised by ARCIS Capital on a number of secondary funds transactions
  • Advising Spinnaker Capital on the unwind of equity positions of various Lehman affiliates in Spinnaker during and following Lehman's collapse
  • Advising the shareholders of New Finance Capital, a funds of hedge funds business, on the sale of their shares to Schroders for $141 million
  • Advising Kingdom Hotel Investments in the acquisition of a minority interest in the George V Hotel in Paris for $95 million
  • Advising Investcom LLC on the unwind of its joint venture positions with Al Bashair Telecom S.A. in Sudan and Yemen
  • Advising an Italian investor on an investment in an Israeli telecommunications company for £35 million
  • Advising Pall Mall Partners on the establishment of five new investment funds and on the investment, through debt and equity investments, in a number of UK and European technology companies totalling in excess of £60 million
  • Advising Fortress Credit Corporation on its participation and subparticipation in €320-million financing arrangements with UniCredit and an Italian betting/racecourse business, including security and intercreditor arrangements
  • Advising Spinnaker Capital on its $75 million investment in a PRC business by way of subscription for debt and equity interests
  • Advising M1 Travel on its acquisition of a Swiss airline carrier
  • Advising a WAN, the Polish property company, on its equity issue to funds of Morgan Stanley
  • Advising a Qatari investment bank on its consortium bid for the Qatari Second Mobile Telecoms Licence, including shareholders and funding arrangements, operations, technical and licensing agreements
  • Advising OTE, the Greek telecommunications company, with regard to financial derivatives and negotiating master agreements and associated documents with a number of counterpart financial institutions
  • Advising Banca Intesa, JPMorgan and Lehman Brothers with regard to the English aspects of an Italian (Law 130) securitisation and associated derivatives, security and associated documents
  • Advising issuers, underwriters and managers in respect of a large number of emerging markets, and debt and equity issuances, including Telecom Egypt, Investcom LLC, Halyk Bank, Astana Finance, Mashreqbank, Credit Libanais, Byblos Bank and others

Admitted to Practice

  • England and Wales

Education

  • University of Newcastle upon Tyne, 1995, B.Sc., First Class Honors
  • The College of Law of England & Wales, 1996, Diploma in Law
  • The College of Law of England & Wales, 1997, Common Professional Examination

Bar Admissions

  • Solicitor, England and Wales