Westfield promotes in-house duo to new roles as Europe GC departs following £18.5bn takeover
Retail giant splits Europe GC role into UK and Italy roles after multibillion-pound Unibail-Rodamco takeover
June 11, 2018 at 11:31 AM
3 minute read
Westfield Europe general counsel Leon Shelley is to leave the retail giant at the end of June, in the wake of Paris-based real estate company Unibail-Rodamco's successful takeover last Thursday.
Shelley's pan-European role will be divided between two lawyers – current deputy general counsel Amanda Beattie will assume the role of UK GC, while senior legal counsel Maurizio Redondi will become head of legal in Italy.
The £18.5bn deal will see the companies combine under the new brand, Unibail-Rodamco-Westfield. The combined estate will include 104 shopping centres around the world worth in the region of £53bn.
Shelley trained at legacy Herbert Smith and spent four years at Skadden Arps Slate Meagher & Flom before his 13-year tenure at Westfield began in 2005. As to what his plans are after he leaves, he said: "It has been 20 years since I started out at Herbert Smith and I am certainly looking forward to enjoying the summer before deciding on my next move."
Shearman & Sterling and Allen and Overy (A&O) advised Unibail-Rodamco on the deal, along with other teams of lawyers from France's Capstan Avocats and Darrois Villey Maillot Brochier, Dutch firm NautaDutilh and leading Australian firm Allens.
A&O tax partner James Burton in London worked with Paris-based Lacourte Raquin Tatar and Rotterdam-based Loyens & Loeff in providing tax counsel to Unibail-Rodamco, while Sullivan & Cromwell represented Unibail-Rodamco's financial advisers Deutsche Bank and Goldman Sachs on the deal.
Clifford Chance served as finance counsel to Unibail-Rodamco through Paris-based partner Cedric Burford.
Meanwhile, Skadden, King & Wood Mallesons (KWM), Greenberg Traurig and Debevoise & Plimpton took the lead roles for Westfield, with Australian firm Greenwoods & Herbert Smith Freehills providing tax advice on the transaction. Ilana Atlas, a former partner at KWM predecessor Mallesons Stephen Jaques, serves as an independent member of the board of directors at Westfield, whose general counsel is Simon Tuxen.
Westfield, which began in 1959 as a shopping-mall owner in the suburbs of Sydney, has since grown to own and operate 35 malls across the UK and US, including the Westfield Garden State Plaza in New Jersey, Westfield Century City in Los Angeles and the Westfield World Trade Center in New York City's financial district.
KWM has been a longstanding legal adviser to the retail giant. Jason Watts, an M&A partner with the firm in Sydney, has been leading the firm's team advising Westfield on the sale to Unibail-Rodamco, alongside Greenberg Traurig finance partner Michael Goldberg in London.
As a result of their proposed combination, Westfield and Unibail-Rodamco are hoping to reinvent themselves as a mall owner of the future, as pressures continue to mount on the retail sector as a result of decreased foot traffic and the growth of online retail.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllWhistleblowing in 2025: What's on the Horizon for GCs?
De Brauw Partner Departs for In-House Role with Swiss Family Enterprise
Trending Stories
- 1States Accuse Trump of Thwarting Court's Funding Restoration Order
- 2Microsoft Becomes Latest Tech Company to Face Claims of Stealing Marketing Commissions From Influencers
- 3Coral Gables Attorney Busted for Stalking Lawyer
- 4Trump's DOJ Delays Releasing Jan. 6 FBI Agents List Under Consent Order
- 5Securities Report Says That 2024 Settlements Passed a Total of $5.2B
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250