A senior associate in our Corporate Group in London, Jonathan Russell's practice covers cross-border and domestic M&A, joint ventures, re-organisations and general corporate advisory work. Jonathan has particular experience in the insurance sector, advising insurers and other market participants on a range of transactions and regulatory matters, including insurance business transfers under Part VII of the Financial Services and Markets Act 2000.
A key part of the team which advised Prudential on the domestication of the Hong Kong branch business of its main UK insurance company, which was achieved using ground breaking parallel court processes in Hong Kong and the UK, Jonathan has been recognized as an 'Associate to Watch' in Chambers UK. He has spent time on secondment to various clients, including SAB Miller and Phoenix Group.
Areas of Focus
Equitable Life on the disposal of its £875m annuity business to Canada Life
AXA on its acquisition of Simplyhealth's private medical insurance business
Jazz Pharmaceuticals on the disposal of a European drug and medical devices business
Prudential on the domestication of the Hong Kong branch business of The Prudential Assurance Company Limited
Phoenix Group on the sale of two annuity portfolios and the reorganisation of its insurance businesses by means of schemes under Part VII FSMA
Paternoster on its sale to Goldman Sachs for £260m