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Peter Clements


Tax |

The level of service provided by Peter was exceptional. He was able to articulate all complex matters clearly and provide commercial insight and awareness so that decisions could be made in a timely manner.

Chambers Global 2024

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About Peter Clements

Peter is a partner in our London tax practice and acts for financial institutions, investment funds and corporate groups across a variety of business sectors.

Advising on a broad range of commercial transactions, Peter specialises in corporate tax and corporate tax planning, with a particular emphasis corporate restructurings, cross-border transactions (including equity and debt issuances and refinancings) and public and private M&A. He also advises on tax disputes and litigation.

Peter’s strong international practice is increasingly focused on investors in emerging markets, in particular in Africa, China and southeast Asia.

Recent work

  • Advising Essar, the Indian steel-to-ports conglomerate, on its $12.9bn disposal of 98 per cent of Essar Oil.
  • Advising Softbank Group on its $24bn acquisition of ARM Holdings.
  • Advising Liberty Global, the international cable company, on its €19bn 50/50 Netherlands joint venture with Vodafone.
  • Advising SSE plc on the demerger of its UK domestic retail operations and subsequent combination with Npower.
  • Advising Starbucks Corporation on the US$1.3bn buy-out of its East China joint venture.
  • Advising Shui On Land, a Hong Kong property group, on its disposal of two major development projects in Shanghai to, respectively, The Link REIT for RMB6.6bn and Bayline Global for RMB5.7bn.
  • Advising JP Morgan on its acquisition, with Lone Star, of Commerzbank’s €2.2bn pan-European commercial real estate loan portfolio.



  • Nottingham Law School, UK (legal practice course)
  • Hertford College, Oxford, UK (BA Hons)


  • Wolters Kluwer International Licensing and Technology Transfer: Practice and the Law [UK tax chapter]