| Linklaters | Standout | 8 | 9 | 8 | 25 | Drafted a consensual agreement using a "best claim" approach to allow Lehman Brothers International (Europe) customers to recover $9bn. |
| Cuatrecasas, Gonçalves Pereira | Standout | 8 | 8 | 8 | 24 | Leading role in establishing SAREB, Spain’s “bad bank” and to restructure the banking sector. |
| CMS | Standout | 7 | 8 | 8 | 23 | Worked closely with Oil & Gas UK to develop decommissioning relief deeds, providing certainty of tax relief and attracting new investment. |
| Paola Leocani (White & Case, while at Allen & Overy) | Standout | 8 | 7 | 8 | 23 | Modified the Italian bond trading platform and procedures to allow Treasury bonds worth €18bn to be sold directly to retail investors. |
| Weil, Gotshal & Manges | Standout | 6 | 8 | 9 | 23 | Produced a unique distribution plan to return assets to clients of MF Global UK in the first special administration under post-Lehman UK regulations. |
| Sidley Austin | Highly Commended | 7 | 8 | 7 | 22 | Successfully restructured the first commercial mortgage-backed security to default at note maturity. |
| Allen & Overy | Highly Commended | 6 | 7 | 8 | 21 | Facilitated Europe’s largest ever commercial mortgage-backed security restructuring for Deutsche Annington. |
| Freshfields Bruckhaus Deringer | Highly Commended | 6 | 7 | 8 | 21 | Took a creative and commercial approach on behalf of bondholders to ensure implementation of Deutsche Annington's restructuring plan. |
| Loyens & Loeff and Vinson & Elkins | Highly Commended | 8 | 6 | 7 | 21 | Advised on the first ever sukuk issuance by a German corporate, and the first globally to securitise intellectual property rights. |
| Shearman & Sterling | Highly Commended | 6 | 8 | 7 | 21 | Restructured a Greek company's high-yield notes using an innovative ring-fencing covenant to protect money generated by its international operations. |
| Berwin Leighton Paisner | Commended | 6 | 7 | 7 | 20 | Devised a winning credit bid structure for TPG and Patron Capital in the restructuring of the Opera Finance commercial mortgage-backed security. |
| Garrigues | Commended | 5 | 8 | 7 | 20 | Crucial role advising Spain in negotiations with the EU to enable a €100bn loan to recapitalise Spanish banks. |
| Milbank, Tweed, Hadley & McCloy | Commended | 7 | 6 | 7 | 20 | Structured the Sadara Project sukuk using a novel split closing mechanism. |
| Paul Hastings | Commended | 6 | 8 | 6 | 20 | Advised on the first agency commercial mortgage-backed security since the 2008 financial crisis. |
| Pinsent Masons | Commended | 7 | 7 | 6 | 20 | Devised an electronic platform for the efficient transfer of customer assets between banks. |
| Skadden, Arps, Slate, Meagher & Flom | Commended | 7 | 7 | 6 | 20 | Novel cashless rollover for TMF Group to exchange collaterised loan obligations for new high-yield notes. |
| Slaughter and May | Commended | 6 | 7 | 7 | 20 | Implemented a new capital structure and unique "dark green" trading platform for energy company Drax Group. |
| A&L Goodbody | Commended | 7 | 6 | 6 | 19 | Facilitated the first transfer of insurance policies from Ireland to an insurer outside Europe. |
| DLA Piper | Commended | 6 | 6 | 7 | 19 | Advised Agility Trains on its £4.5bn Intercity Express Programme. |
| Herbert Smith Freehills | Commended | 7 | 6 | 6 | 19 | Structured the Yuzhno-Russkoye gas field financing by synthesising English and Russian law structures. |
| Roschier | Commended | 6 | 6 | 7 | 19 | Worked on a first debt-to-equity swap for Swedish high-yield bonds and equity securities. |
| Slaughter and May | Commended | 6 | 6 | 7 | 19 | Advised on the pivotal English law aspects of CEMEX's global refinancing. |
| Vinson & Elkins | Commended | 5 | 7 | 7 | 19 | Advised Uz-Kor Gas on a multi-sourced financing for a $4bn gas and petrochemical complex in Uzbekistan. |
| White & Case | Commended | 6 | 6 | 7 | 19 | Led the transfer of ownership of onshore oil assets in Nigeria to a local company. |
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