Sovereigns
Sovereigns, including governments, ministries, central
banks and state-owned enterprises, play a leading rolein creating, stimulating and stabilizing markets, driving
innovation, and developing sustainable global
economies. They need their lawyers to take an
informed, experienced and nuanced approach, withappropriate sensitivity to their special concerns andperspectives.

Key contacts

Hogan Lovells has been representing Sovereigns since1904. During this time, we have been involved in thesome of the most consequential matters ever to facesovereign governments and state-owned entities. We
provide our sovereign clients, and clients working withsovereigns, with legal advice that is underpinned by acritical and deep rooted understanding of theenvironment in which they operate and transact.

Ciara Kennedy-Loest,

Our advice covers the entire “Sovereign Cycle”;
advising on the many legal aspects affecting
sovereigns, including sovereign debt and restructuring;
infrastructure, energy and projects; public private
partnerships (PPP); international disputes andarbitration; international public law; government andpublic sector relations; international trade; regulatory;
sovereign wealth and investments, privatizations andacquisitions and commodities.
Our global platform and network of strategic partners
connects key financial centers and emerging markets,
enabling our sovereign attorneys to provide in-depth

Jeremy Brittenden,
LondonBruno Ciuffetelli,
HoustonLaurent Gouiffès,
Paris
Paris

Senator Norm Coleman,
Washington, D.C.

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local and global legal advice to our sovereign clients,
and clients working with sovereigns, wherever they
operate.
Our legal expertise, combined with over 100 years’
experience in advising Sovereigns makes for a powerfulcombination and a compelling reason to work with theSovereigns legal team at Hogan Lovells.

Areas of focus
Business Integrity and Sustainable
Development
Sustainable Finance & Investment
State Aid and Subsidy Control

Related practices
Representative experience
California Public Employees' Retirement System on its
acquisition of interest in the Indiana Toll Road.
Government of Croatia regarding the privatization of
INA oil industry.
The Republic of Ecuador in one of the first-ever tests of"collective class action clauses," helping the country
restructure US$17.4bn of its international bonds, its
bilateral debt, and its derivatives.
The Bank of Ghana and the government of Ghana in
relation to a project to reduce their domestic debt
burden by converting short team treasury bills into
medium term or long term debt.
IFC and the city of Belgrade in connection with a PPP
project to transform the city's existing waste
management practices.
The Shah Deniz Consortium (BP, SOCAR, Statoil, Total,
and three minority parties) on the US$45bn Shah Deniz
Phase 2 Gas Project.
Middle Eastern sovereign wealth fund on its solar
energy joint venture.
Asian sovereign wealth fund in connection with thepurchase of a US$100m pool of infrastructure fundinterests.
The Met Office on the £1.2bn supercomputer project.
The new supercomputer is designed to help improveforecasting of the Earth's atmosphere, making it moreaccurate, timely, and localized.

Climate Change
Strategic Communications
Our legal work in Latin America
Africa Regional Practice
Our legal work in the Middle East

The Singapore Sports Council in connection with its
US$1.8bn Singapore Sports Hub project, the world's
largest sports infrastructure PPP project, and thesubsequent refinancing.
The Slovak Republic, against Achmea in the CJEU,
achieving a landmark judgement on investor-state
arbitration clauses.
Both governments and private sector clients in several
WTO disputes, including with respect to the GATT and
the TRIPS.
The largest bank in Ukraine (now state-owned) against
its former shareholders, including obtaining a
US$2.6bn freezing order against all the defendants.
The UK government on regulatory and legal advice on
the negotiations of the UK-Australia and UK-New
Zealand free trade agreements.
The government of Vietnam in an investment treaty
arbitration brought by a French company under the
Bilateral Investment Treaty between Vietnam andFrance.
Libyan state institutions on a range of international
issues since the 2011 revolution, including engagementwith UK, EU, and U.S. policymakers and legislators.

Awards and rankings
Band 1, Dispute Resolution, Chambers Global, 2022
Band 1, Infrastructure (PFI/PPP), Chambers UK, 2022
Tier 1, Projects, energy and natural resources Infrastructure, Legal 500 UK, 2022
Band 1, Asset Tracing and Recovery (Law Firms),
Chambers Global, 2022
Tier 1, Parliamentary and Public Law, Legal 500 UK,
2022
Tier 1, Administrative and Public Law, Legal 500 UK,
2022
Tier 1, EU Regulatory, Legal 500 EMEA, 2022

International Trade Practice Group of the Year,
Law360, 2022
Band 1, International Trade: Trade Remedies andTrade Policy, Chambers USA, 2022
Tier 1, International Trade, Legal 500 US, 2022
Band 1, Public Procurement, Chambers UK, 2022
Top 12 Global Restructuring and Insolvency Practices,
Global Restructuring Review, 2022
Utilities Project of the Year, Partnership Awards, 2021
International Trade Practice Group of the Year,
Law360, 2021

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