Rail

With experience spanning the full range of domestic and international rail matters, the lawyers in our market-leading rail practice are skilled at handling substantial rail matters around the world. Our legal knowledge encompasses every aspect of the rail industry, allowing us to provide our clients with commercial, pragmatic and innovative advice and support.

“The firm is 'first choice for rail legal advice.'” Chambers Global, 2022

Our clients include train operating companies, state-owned rail entities, rolling stock owning companies (ROSCOs), banks, development contractors and financiers, lessors, rolling stock manufacturers, depot operators, local authorities, governments and regulatory bodies.

The global rail industry continues to evolve. Infrastructure investment is set to grow in line with increasing demand for railway services. Digitalization of railways is bringing new opportunities as is the vital activity of developing a greener industry. Our in-depth industry knowledge and experience gained from all sides of rail transactions is enabling us to support our clients throughout this evolution.

Our areas of work include

Asset and lease financing, project finance, capital markets, structured finance, commodity finance and securitization
Corporate finance, M&A and privatization
Restructurings
Employment and labor, including benefits and pensions
Environmental law
Franchising and concessions
Health and safety
High-speed rail
Infrastructure (including track, signaling and airport links), procurement, construction and finance
Intellectual property, ticketing and technology and digital railway
Light rail, trams, underground and metro projects
Litigation and disputes
PFI/PPP/P3
Procurement law, competition law and rail regulation, including EU law, public law, anti-competition and state aid
Rail regulatory advice
Real estate, including urban development and planning
Rolling stock procurement, acquisition, supply, financing, leasing, maintenance and refurbishment
Station and depot procurement, construction, financing and access
Tax
Track, station and depot access and financing
Traffic management systems
Urban development