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DLA Piper

Innovative lawyers 2017: New Markets and Capital (2)

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Originality6
Leadership7
Impact7
Total20
CommentWorking closely with the UK Listing Authority, the firm helped resolve myriad challenges to develop the transaction structure for the National Highways Authority of India’s “masala bonds” issuance.

Innovative lawyers 2017: New Markets and Capital

View full ranking
Choose from rankings list
Rankings at a glance
AwardCommended
Originality7
Leadership8
Impact6
Total21
CommentStructured Austria’s first scrip dividend issuance in 20 years, where a company’s cash reserves were converted into new shares. The firm created a new legal framework for the transaction, allowing existing shareholders to subscribe to dividend shares. This in effect created a new market standard and allowed its client, PORR, to let go of its treasury shares.