February 2, 2011
Advising on Europe’s loan to rescue Greece as well as helping negotiate the creation of the European financial stability facility, Clifford Chance partner Jonathan Lewis has been a central figure in the eurozone’s bail-out of its troubled members.
The unassuming 49-year-old Welshman was approached by the European Commission last year looking to tap his expertise in banking and structured finance to create a legal entity that would enable policymakers to provide emergency funding to crisis-hit eurozone countries.
Having been seconded to the Bank of England in his earlier years, the Paris-based Mr Lewis knew how to deal with central bankers and Treasury officials. He and his team had the complex task of bridging the gap between the needs of governments and rating agencies using commercial law. EFSF’s €5bn ($7bn) bond issue, which saw a €45bn order book, closes this week.
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