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CMS Cameron McKenna

Corporate 2010

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Award levelStand-out
InnovationEnabling multi­million pound VAT savings
Originality8
Rationale8
Impact5
Total21
DescriptionSecured a VAT rebate for Standard Chartered by travelling to India to review the bank’s outsourced services. As well as originating the scheme and working on a no-win, no-fee arrangement, the lawyers were instrumental in bringing HM Revenue and Customs on-side and obtaining a favourable ruling