Clifford Chance LLP

Clifford Chance LLP advises investors, operators and suppliers on high‑value rail transactions in the UK and internationally, with particular strength in rolling stock and infrastructure financings. The cross‑practice team combines sector knowledge in procurement, leasing and project finance with firm-wide expertise in corporate, regulatory, competition, and tax matters, ensuring that the team is capable of handling complex mandates such as PPP concessions, fund investments, and restructurings alongside big‑ticket M&A. Paul Carrington, co-head of the firm’s rail industry group, specialises in financing, leasing, M&A, and restructuring transactions in the rail sector, with extensive experience on high-value UK and European rolling stock and PPP deals. Michael Pearson, who leads alongside Carrington, is the driving force behind the infrastructure side of the practice. Ranbir Hunjan specialises in transport financings and logistics, while Dominic Watts has extensive experience across the rail sector in both UK and Continental Europe.