Global Reach Throughout our history, Hughes Hubbard has successfully represented clients across the world. Our Paris office is the hub of the firm’s work in Europe, advising clients in complex matters across all industries and practice areas. While most of the matters our Paris lawyers work on are confidential, we’re happy to share these global successes from lawyers across all our offices. 2024 saw important results for our clients across the Americas, Asia, Europe, Africa and the Middle East.
Victories for SKAT in $2.1 Billion Tax Fraud Litigation
In February and November, the firm secured important pre-trial rulings for the Danish tax agency SKAT, and achieved a settlement with one of the defendants accused of helping its clients claim fraudulent tax refunds in an overall $2.1 billion tax fraud scheme, to prepare for the first bellwether case in the multidistrict litigation. In that first trial – which began on Jan. 7, 2025, and lasted five weeks – the firm secured a sweeping victory on behalf of SKAT, with the jury awarding the agency ~$500 million in damages. The victory was reported on by Bloomberg, Law360, Yahoo Finance and International Tax Review.
OYO’s All‑Cash $525M Purchase of Motel 6
Hughes Hubbard advised Indian hotel giant OYO on its $525 million acquisition of G6 Hospitality, the parent company of iconic U.S. hospitality brand Motel 6.
Senegal’s $5B ICC Arbitration Against ArcelorMittal
The firm is representing the Republic of Senegal in an International Chamber of Commerce arbitration against Luxembourg-based multinational steel manufacturer ArcelorMittal, the second largest steel producer in the world.
Vale Base Metals’ $1.5B Credit Facility
The firm advised a nine-bank club led by Crédit Agricole Corporate and Investment Bank on a $1.5 billion term loan credit facility to the Vale Base Metals Limited group, a subsidiary of Vale S.A. This was a landmark transaction for the group, which has operations across four continents focusing on the production of base metals essential for the energy transition, such as nickel, copper and cobalt.
€2B Reforestation and Carbon Credit Deal for Côte d’Ivoire
The firm advised the Republic of Côte d'Ivoire on drafting and negotiating a 50-year concession agreement for restoration and biodiversity conservation covering an area of 104,000 hectares (about 400 square miles) of the Haut-Sassandra classified forest.
Rheinmetall’s $950M Acquisition of Loc Performance Products
Hughes Hubbard represented Rheinmetall AG, a German technology group for mobility and security, in its acquisition of Loc Performance Products for a total purchase price of $950 million.
Russia Must Oppose Confirmation of Arbitration Award in U.S. Court
Hughes Hubbard won an important ruling that the Russian government must defend a suit seeking confirmation of an over $34 million arbitration award against the country in favor of a group of 11 Ukrainian gasoline companies, as part of a series of arbitrations over gas stations and other assets the Russian government seized after its 2014 invasion of Crimea. This ruling followed the firm pushing back against Russia’s attempt to toss its claims in the U.S. District Court for the District of Columbia in April.
Knorr‑Bremse Acquires Alstom for €630M
Hughes Hubbard is advising Knorr-Bremse AG, the global market leader for braking systems and a leading provider of other rail and commercial vehicle systems, in its approximately €630 million acquisition of the North American conventional rail signaling business of Alstom.
Griffin’s Purchase and Leaseback of Ten Boeing Aircraft to Air India
The firm advised Griffin Global Asset Management on the purchase and leaseback of ten Boeing aircraft to Air India.
EBI Financing for Ivorian Cocoa Exporter
The firm advised EBI SA, a French subsidiary of pan-African banking conglomerate Ecobank, in the negotiation of a commodity financing facility for cocoa producer Kineden Commodities.
Standard Motor Products in Its $390M Acquisition of Nissens Automotive
Hughes Hubbard represented Standard Motor Products, a leading automotive parts manufacturer and distributor, in its $390 million acquisition of Nissens Automotive, a leading European manufacturer and distributor of aftermarket engine cooling and air conditioning products with a growing array of vehicle control technologies.
Dismissal of Lawsuit Over Van Gogh Sunflowers Painting
Hughes Hubbard advised leading Japanese insurer Sompo Holdings, the owner of one of Vincent van Gogh’s iconic Sunflowers paintings, and its affiliates in winning dismissal with prejudice of an action to recover the painting (valued at $250 million) plus $1.5 billion in damages.
ANI Pharmaceuticals’ $381M Acquisition of Alimera Sciences
Hughes Hubbard advised diversified biopharmaceutical company ANI Pharmaceuticals in its acquisition of global pharmaceutical company Alimera Sciences, in a transaction that valued Alimera at approximately $381 million in up-front consideration.
Sopra Steria’s Euro Term Facility Agreement
The firm guided French consulting firm Sopra Steria in a €400M term loan agreement.
$132M Sustainability‑Linked Loan to Tereos Brazil
The firm advised a bank group led by Rabobank in the group’s $132 million sustainability-linked export prepayment facility for sugar company Tereos Açúcar e Energia Brasil S.A., the Brazilian subsidiary of global agricultural cooperative conglomerate Tereos.
Bloomsbury’s $83M Acquisition of Rowman & Littlefield’s Academic Publishing Business
Hughes Hubbard advised Bloomsbury Publishing in its complex carve-out acquisition of the academic imprints and associated titles of Rowman & Littlefield, the leading independent book publisher in the U.S. academic market, for $83 million. It was Bloomsbury’s largest acquisition to date.
ICSID Arbitration Settlement for Republic of Togo
Hughes Hubbard obtained a major success for the Togolese Republic in the settlement of an International Centre for Settlement of Investment Disputes arbitration against Groupe Bolloré Africa Logistics, which has since become Africa Global Logistics, a major transport and logistics company in Africa.
Defense of Deutsche Bahn
Hughes Hubbard, working closely with German law firm Hengeler Mueller, is advising and representing the U.S. subsidiary of the German state-owned railway company, Deutsche Bahn, on potential liabilities arising from former subsidiaries that distributed asbestos and talc products.
Wipro’s $66M Aggne Global Acquisition
Hughes Hubbard advised Wipro in its $66 million acquisition of U.S.-based Aggne Global – a provider of optimization software to insurance companies – and its India-based affiliate Aggne Global IT Services.
$50M+ in Arbitration Awards for Pharaon
Hughes Hubbard successfully represented the Saudi Arabia-based Pharaon Commercial Investment Group in a dispute with its business partner GICA, Algeria's state-owned cement company, and SCIBS, the joint venture between Pharaon and GICA.
Wipro Acquires Applied Value Technologies for $40M
The firm advised Wipro on its $40 million acquisition of U.S.-based IT services consulting firm Applied Value Technologies.
$30M Arbitration Award Enforcement for Shenzhen Zehuijin Investment Center
Hughes Hubbard achieved victory for Chinese investment firm Shenzhen Zehuijin Investment Center, enforcing an arbitration award of approximately $30 million over a breached loan agreement.