WINNER: Cleary Gottlieb Steen & Hamilton
Finalists 2010: Abreu Advogados; Alber & Geiger; Cleary Gottlieb Steen & Hamilton; Integrites; Kirkland & Ellis; Salans
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https://www.law.com/international-edition/2010/12/07/european-legal-team-of-the-year/
European Legal Team of the Year
Cleary Gottlieb Steen & Hamilton wins this award for the second year running. It secured the endorsement of the judging panel for its work advising the global co-ordinators and joint lead bookrunners and other underwriters on Volkswagen's jumbo €4bn (£3.4bn) rights issue. The transaction, which closed in April, was the largest rights offering of a German-listed company outside the financial sector in more than 10 years. It took place under the media spotlight given both the size and significance of the deal and the long-running tussle between Volkswagen and Porsche. The rights issue was partly designed to fund Volkswagen's acquisition of Porsche, Porsche having previously failed in a bid to take over the German car-making giant.
December 07, 2010 at 02:01 AM
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The original version of this story was published on Legalweek
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