Thierry Laloum

Partner

Paris
Willkie Farr & Gallagher LLP
21-23 rue de la Ville l'Evêque
75008 Paris
T +33 1 53 43 4514
F +33 1 40 06 9606
tlaloumwillkie.com

Thierry Laloum is a partner in the Corporate and Financial Services Department, focusing in public law and public financing. He advises both public (public bodies, local governments, semi-publicly owned companies) and private entities (mainly financial institutions and public works companies).

Significant projects he has handled include the development of underground trains, high speed railway lines, motorways, hospitals, stadiums, and waste treatment facilities among others, including in the context of Public Private Partnerships (PPP).

Prior to joining Willkie in 2010, Thierry was a partner at Freshfields Bruckhaus Deringer LLP since 2001, where he was the head of the Public Law and Environmental Department in Paris

Highlights

Thierry Laloum is a partner in the Corporate and Financial Services Department, focusing in public law and public financing. He advises both public (public bodies, local governments, semi-publicly owned companies) and private entities (mainly financial institutions and public works companies).

Significant projects he has handled include the development of underground trains, high speed railway lines, motorways, hospitals, stadiums, and waste treatment facilities among others, including in the context of Public Private Partnerships (PPP).

Prior to joining Willkie in 2010, Thierry was a partner at Freshfields Bruckhaus Deringer LLP since 2001, where he was the head of the Public Law and Environmental Department in Paris

Selected Significant Matters

  • Advised the Azzurra consortium (consisting of the Atlantia Group, EDF Invest and Aeoporti di Roma) on the bid for the privatization of Nice’s airport; the consortium will acquire the French state’s 60% interest in the company that controls three airports on the French Riviera
  • Advised the consortium formed by the Nord de France Administrative Region’s Chamber of Commerce and Industry, the territorial Côte d’Opale Chamber of Commerce and Industry, CDC Infrastructure and Meridiam with respect to the 50-year concession agreement for the operation, maintenance and development of the sea-ports of Calais and Boulogne-sur-Mer for fifty years, including the design, completion and financing of an extension to the Calais port (“Calais Port 2015” project) representing an investment of more than €900 million
  • Advised the lenders in the refinancing of the French A63 toll road (between Gironde and Landes), which involved a €860 million credit facility with a 25-year maturity made available to Concessionaire Atlandes
  • Advising Agence France Locale on  €3 billion EMTN program and  €750 million inaugural bond issue
  • Advising Agence France Locale, the first funding agency 100% owned by local governments and dedicated to their financing in France, on all the legal aspects of the project from the establishment of the agency to its operational launch including its structuring, the drafting of the legal corpus governing its operations and of the mechanisms by which new local governments can become members
  • Advising the city of Paris in the context of the award of the concession for the restructuring and operation of the Paris Parc des Expositions (exhibition centre)
  • Advising the Association d’études pour l’agence de financement des collectivités locales in the context of (i) the creation of the Agency in charge of the financing of French local governments and (ii) the assistance of the said Agency during its first years of operation
  • Advising banks pool and 44 French local authorities in their €610 million bond issue
  • Advising AutoStrade Per l’Italia on the Eco tax project in France a project representing €2.7 billion in revenue for the client
  • Advised the sponsors in the 25-year PPP project to design, build, finance, operate and maintain the Nîmes to Montpellier high speed railway bypass link, providing for a total investment of about €1.8 billion (named Project Finance European High-Speed Rail Deal of the Year 2012
  • Served as special legal advisor to the European Investment Bank on various administrative law issues related to its €1.2 billion contribution to the global project financing for the South Europe Atlantic High Speed Rail Line between Tours and Bordeaux, France
  • Advising Transdev and SNCM in the negotiation of the concession for the transport of goods and people between metropolitan France and Corsica
  • Advising banks pool and 16 hospitals in their € 228 million bond issue Advising Pays de la Loire region in relation to the setting up and the update of a euro medium-term notes program
  • Advising sponsors on the innovative financing of the "Operation Campus" of Bordeaux University
  • Advising Mulhouse Alsace Agglomération in the context of the sale of tramway rolling stock to the State of Victoria (Australia), including the partial unwinding of the financing agreement relating to the rolling stock with Société Générale and Depfa
  • Advising DFE on the financing aspects of the construction, maintenance and operations of new campus of Grenoble University
  • Advised SMBC Europe Limited and Dexia Crédit Local on the new €219 million 30-year PPP agreement between the consortium Stade Bordeaux Atlantique and the city of Bordeaux for the 40,000-seat Bordeaux Stadium scheduled to open in 2015
  • Advised SMBC Europe Limited, Société Générale, Crédit Agricole CIB, and BBVA-Succursale de Paris on €245 million, 30-year PPP concession agreement between the city of Nice and the Nice Eco Stadium consortium for a 35,000-seat, environmentally sustainable stadium scheduled to open in 2013
  • Advised a consortium formed by Vinci Concessions, Vinci Energies, AXA IM, SFR and TDF in connection with the €1 billion financing of the GSM-Rail project (design, construction, deployment of a GSM telecom network dedicated to the French national railway system) -- a deal that was named PFI’s "Europe Telecoms Deal of the Year" for 2010

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