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Berwin Leighton Paisner

Financial Crisis and the downturn 2009

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Rankings at a glance
Award levelCommended
InnovationManaging special purpose vehicles
Originality5
Rationale6
Impact5
Total16
DescriptionBLP managed the obligations of around 40 special purpose vehicles previously represented by their credit arranger, Lehman Brothers. The lawyers negotiated full commercial agreements to ensure the SPV bond holders suffered no loss