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Peter Clements


Tax |

His technical ability is incredibly strong but his commercial awareness, down-to-earth style and the clarity in which he presents his advice is outstanding.

Chambers UK

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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]