Press Release

White & Case Advises Nacco on Its Reorganization

Global law firm White & Case LLP has advised Nacco Group, one of the largest independent full service railcar lessors in Europe, on its reorganization.

Nacco Group has been sold to CIT Group, a global leader in transportation finance, an acquisition which represents CIT’s first investment in a European rail franchise.

The White & Case team in Paris was led by partner Alexandre Ippolito, who was supported by associate Estelle Philippi on tax aspects, and included partner Guillaume Vallat, who was assisted by associate Adrien Moretti on corporate issues, and partner Denise Diallo, who was supported by associates Stanislas Curien, Thierry Pujol d’Andrebo and Aïssatou Bah on finance for Nacco and its subsidiaries. Partner Alexandre Jaurett advised on social issues and partner Philippe Métais and counsel Carine Piadé advised on current litigation.

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